Forex Trading Strategies – Day Trading – Mar 10th, 2014
Simple Forex Trading Strategies that Work:
The next day trading video for the series and this time another short on the GBPUSD for the European Open. This is a trend continuation style trade to start off a new week. The expectation could have been a lower low than the previous of the same scale but a conservative higher low was targetted. This trade was executed using the Trade Manager on the WavEFX charting system which allowed me to execute this trade using just a few minutes of my time.
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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