Forex Trading Strategies – Day Trading – Feb 24th, 2014
Simple Forex Trading Strategies that Work:
Another day trading video for the series and this time on the EURUSD to go short. This trade was executed out of an area of resistance on the daily chart but using much faster price action to gain proof that the area was reacting. The WavEFX charting system was used along with the Trade Manager EA from ElectroFX.com to make this a set and forget trade that only took a couple of minutes to deal with.
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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