Kathy Lien
BK Asset Management
After years of day trading experience, I've identified why the five-minute chart is the perfect timeframe for day trading that balances speed with clarity. It's time for traders to stop getting lost in market noise and start trading with precision.
Key insights:
- The perfect timeframe - Learn why the 5-minute chart hits the sweet spot between action and structure.
- Support and resistance mastery - See how the 5-minute chart clearly defines decision zones for high-probability entries.
- Candlestick pattern analysis - Discover how dogis, hammers and engulfing patterns signal powerful reversals.
- Top-down approach - How to combine higher timeframes with 5-minute precision for ideal entries and exits.
I break down real examples of the New York session breakout strategy for EUR/USD, revealing exactly how to identify London session ranges and capitalize on breakouts for 15-30 pip gains. Learn which pattern signals provide the strongest confirmation and how to avoid false breakouts. This isn't theory - it's a practical strategy that can help you tighten entries, boost win rates, and stay ahead of market noise. Implement this approach and trade with the discipline of experienced day traders.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD bounces off 1.1300 neighborhood; shows resilience below 23.6% Fibo.
EUR/USD drifts lower for the second straight day amid a further USD recovery from a multi-year low. The technical setup favors bulls and warrants caution before positioning for a deeper corrective fall. A sustained break and acceptance below 1.1300 could pave the way for some meaningful decline.
GBP/USD weakens below 1.3300 as US Dollar rises
GBP/USD extended its losses during Wednesday’s Asian session, trading around 1.3300 after pulling back from a seven-month high of 1.3424 recorded in the previous session. The pair weakened as investor appetite shifted back toward US assets, including the US Dollar, buoyed by a more optimistic tone from US President Donald Trump.
USD/JPY regains 142.00 as US Dollar finds its feet
USD/JPY has picked up fresh bids to regain 142.00, reversing the dip to near 141.50 in the Asian session on Wednesday. Signs of easing US-China trade tensions led to a sharp recovery in the risk sentiment, lifting the US Dollar broadly despite doubts over Trump's veracity.
Editors’ Picks
EUR/USD bounces off 1.1300 neighborhood; shows resilience below 23.6% Fibo.
EUR/USD drifts lower for the second straight day amid a further USD recovery from a multi-year low. The technical setup favors bulls and warrants caution before positioning for a deeper corrective fall. A sustained break and acceptance below 1.1300 could pave the way for some meaningful decline.
GBP/USD weakens below 1.3300 as US Dollar rises
GBP/USD extended its losses during Wednesday’s Asian session, trading around 1.3300 after pulling back from a seven-month high of 1.3424 recorded in the previous session. The pair weakened as investor appetite shifted back toward US assets, including the US Dollar, buoyed by a more optimistic tone from US President Donald Trump.
Gold price sticks to intraday losses amid positive risk tone; still holds comfortably above $3,300
Gold price moves away from the all-time peak touched on Tuesday amid receding safe-haven demand. Easing US-China tensions remains supportive of the risk-on impulse and weighs on the XAU/USD pair. The downside for the commodity seems limited as the USD bulls seem reluctant amid Fed rate cut bets.
Dogecoin lead double-digit gains across meme coins, with Shiba Inu, PEPE and BONK skyrocketing to new monthly highs
Top meme coins Dogecoin, Shiba Inu, PEPE and BONK lead the meme coin sector with double-digit gains on Wednesday following the crypto market recovery.
Five fundamentals for the week: Traders confront the trade war, important surveys, key Fed speech Premium
Will the US strike a trade deal with Japan? That would be positive progress. However, recent developments are not that positive, and there's only one certainty: headlines will dominate markets. Fresh US economic data is also of interest.
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