The last-kiss trade is a nice way to trade high-probability breakout trades.
Here are the steps for the last-kiss trade:
-Wait for the price to consolidate in a box between two zones.
-The box should have at least two touches on both zones.
-Wait for the price to break beyond one of the zones.
-Once the price returns back to the consolidation box, wait for the market to print a last-kiss candlestick on the edge of the box.
-For sell trades, a sell stop is placed below the low of the last-kiss candlestick, and for buy trades, a buy stop is placed above the high of the
last-kiss candlestick.
-Emergency stop loss is placed in the midpoint of the consolidation box.
-The profit target is the nearest zone.
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01-01-2023, 06:01 AM #1
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EURUSD buy idea- The Last Kiss Trade
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02-01-2023, 03:44 AM #2
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The most important thing in forex is to learn and practice everything consistently. Where I am currently still learning and always following education from Tickmill, it is very helpful to deepen understanding about forex, in addition, traders will be able to better understand and be more ready to maximize trading.
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