In today’s video I go through the Euro / US Dollar Forex currency short trade which the first profit objective has already been hit to the down side within 24 hours of entering the market. The US Dollar / Japanese Yen short trade is about where we entered short and I’ve got my profit objectives and stop loss in place, just waiting for things to happen. And the other three Forex currency pairs that I spoke about yesterday came within just a few pips of getting me into the trade and then immediately turned around in the direction I was looking for the market to move. Boy that can be frustrating but from time to time that does happen. You just have to be sure to exercise discipline and patience when waiting for a trade to come to you, you don’t want to chase the market. Watch the video and see exactly what I mean. Have a profitable day and I hope this helps you in your own trading.
For more information about trading the Forex, click here.
What are the bands and moving averages setups that you use. Your ideos are great! I took the euro trade today. thank you.
First i do not care to use a black screen. You can not print the screen without using a full ink.
I am looking at you software to compare with your reports.
it looks like you use a bollinger band, mine is set to 20. It also looks like you use a simple average of 85 and 110.
is this correct.