Forex Trading Strategies – Day Trading – Jan 22nd, 2014
Simple Forex Trading Strategies that Work:
In this Day Trading video we are looking at the EURUSD giving off a very short term trend continuation pattern. In the case of this trade the GBPUSD actually led the way to helping this pattern complete. I find this to often be the case and this is why I like to watch both the EURUSD and the GBPUSD.
This is an example of the “Location, Trigger, Management” method taught at ElectroFX.com and can be applied to any chart you like. Risk:Reward is always a factor and the Trade Manager tool allows you to judge that before you even enter.
What is WavEFX?
WavEFX is a timeless yet organic charting style that has been developed to clean up what is messy on lower time-frame candlestick charts. An entire video course has been put together to explain WavEFX and is beyond the scope of this video. If you wish to learn more please visit our website.
What is the Trade Manager?
The Trade Manager (TM) is a tool included with basic VIP membership at ElectroFX.com and provides you with a safe and easy way to trade in a set and forget fashion with just a few minutes here and there.
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