Using the Parabolic Stop & Reverse (PSAR) indicator at the end of the trading day can be a great way to filter for your next trade idea. In this video, I detail how the PSAR highlighted an early possible change in momentum, and how the day’s relative strength and break of market structure helped to formulate a trading plan for the NZDUSD.
For more trading details, please check the hyperlinks with time stamp indicated from the video: