Lack of momentum to the upside with key candle patterns showing a reversal was due
Reasons for Trade:
- Small 4H spinners
- High risk / reward trade to take on
- Daily showing strong resistance around price action area.
- 1st wave to the down direction
Tuesday, 27 October 2009
FOREX Trading Review Video 23 OCT 09 GBP/USD (+ 215 pips)
Tuesday, 11 August 2009
FOREX Trading Review Video 06 AUG 09 GBP/USD + 254 pips
GBP/USD short trade with an early 4 hour entry:
- Important long term monthly levels.
- 1H price action found resistance off 50% retracement line
- Candles showing lack of conviction to the upside.
- Monthly 21EMA present
Monday, 3 August 2009
Tuesday, 28 July 2009
FOREX Training Course - lesson 4 : (Market Rhythm & Momentum)
This is a video lesson about how to identify market rhythm, when a market is trending and periods of consolidation. It covers a range of trading techniques which can should be used in the different market scenarios that you can experience when a full time trader.
This is a video lesson about how to identify market rhythm, when a market is trending and periods of consolidation. It covers a range of trading techniques which can should be used in the different market scenarios that you can experience when a full time trader.
This is a video lesson about how to identify market rhythm, when a market is trending and periods of consolidation. It covers a range of trading techniques which can should be used in the different market scenarios that you can experience when a full time trader.
Saturday, 20 June 2009
FOREX Training Course - lesson 3 : (Money Management)
This is a video overview of Money Management, risk, stop losses and cognitive bias. It covers a range of tasks you should consider before becoming a full time trader.
FOREX Training Course - lesson 2 : (The basic system)
This is a video overview of the system I use. Brilliant for beginners, and a guide to where to start trading in the FOREX market. It outlines how to pick high probability trading using MACD as a filter. I cover TC (Trend Continuation) & CT (Counter Trend) signal examples. My trading background is discussed together with how you might go about finding a system which fits your personality and lifestyle.
FOREX Training Course - lesson 1 : (Setting up your charts)
This is a video overview of how to set up your charts in MT4 (meta Trader 4) using EMA's (Exponential moving average), candle sticks & MACD. My trading strategy is based on simple concepts and expert indicators designed to highlight the high probability trades.
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