Forex Trading Strategies – Day Trading – Mar 12th, 2014
Simple Forex Trading Strategies that Work:
The next day trading video for the series and this time a long on the EURUSD shortly after the European Open. This is a 1:2 risk:reward trade setup I had been eyeing up on the daily chart and the WavEFX charting system allowed me too zoom in cleanly and trade a nice price action based entry trigger. This trade was executed using the Zone Trade Manager which allowed me to execute this trade using just a minute 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 Zone Trade Manager?
The Zone Trade Manager (ZTM) is a tool included on the VPS service available with VIP Membership at ElectroFX.com. It provides you with a safe and easy way to trade in a set and forget fashion with just a few minutes here and there and predict the future safely. If you predicted outcome occurs this EA will trade it for you and if your predicted outcome does not happen the EA will do nothing.
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