In this video I show you how to safely take and manage a counter trend trade using a solid double top to help confirm.
 
Quick Summary: Price has moved a good ways from the trend line and has plenty of room to return to it for a profitable counter trend trade. I targeted a take profit of 50 to 70 pips. A few hours after the trade opens, it closes with a 70 pip win.
 
In the video I mentioned a few different items:
 
- VIP Trade Manager – This is a piece of software that I designed to help manage trades so you’re not stuck in front of the computer all day and can pretty much eliminate emotion from managing a trade. Pay attention to the different lines that I draw and what each one does. It seems very simple, but is a powerful tool.
 
- Trading Server – It’s a high end, dedicated server that we host here at ElectroFX that is a pure trading machine. It does nothing else, but manages the trades for VIP Members.
The server gives you the flexibility to trade from anywhere in the world from a remote connection (laptop, computer, even an iphone or ipad!). This means you no longer have to worry about having a constant internet connection or if your computer goes to sleep or dies at home because our trading server is wired directly into an internet backbone with constant monitoring from our system administrator.
 
The trading server is what I used to take this trade on. And yes, you heard me correctly, I was able to log onto the server and check the trade from my iPhone.
 
The ATM Trading System will teach you the skills you need to trade counter trend trades (plus other trading skills) and also give you access to our library of custom made EA’s and indicators to help you trade more effectively and to minimize emotion.
 
To learn more check the EFX Access in the menu above.