-
-
Recent Posts
- Forex EUR/USD commentary February 3, 2012
- Fx commentary EUR/USD February 1, 2012
- EUR/USD Forex commentary January 31, 2012
- Fx EUR/USD commentary January 30, 2012
- Forex commentary EUR/USD January 27, 2012
- Fx commentary EUR/USD January 26, 2012
- Forex EUR/USD commentary January 25, 2012
- EUR/USD Fx commentary January 24, 2012
- Fx EUR/USD Commentary January 23, 2012
- Forex commentary EUR/USD January 20, 2012
- FX commentary EUR/USD January 19, 2012
- EUR/USD Forex commentary January 18, 2012
- Fx EUR/USD commentary January 17, 2012
- Forex commentary EUR/USD January 16, 2012
- Forex EUR/USD commentary January 13, 2012
- Recent Student Trade
- EUR/USD Forex commentary January 12, 2012
- FX commentary EUR/USD January 11, 2012
- Forex commentary EUR/USD January 10, 2012
- FX commentary EUR/USD January 9, 2012
Archives
Category Archives: Recent Day Trades
Recent Student Trade
Hi all. I thought it would be nice to post a recent trade one of our students took on his own without any help or guidance from us. We had already closed the room for vacation over the holidays and … Continue reading
Live Forex Room Update October & 7/11/2011 Day Trade GBP/USD
Hey everyone! I hope trading is going well for you all. In this recent trade update we are going to wrap up last month and then get into the trade setup that we had today. October ended up with a … Continue reading
Learning To Day Trade With Smart Money GBP/USD Short 10/20/2011
Hey! I hope trading is going well for everyone. We’ve seen some nice moves the past few days and I thought I would cover something rather important in this recent trade update that I’ve never really touched on before. This … Continue reading
Live Forex Room Trades EUR/USD – Week Of 10/10/2011
Let’s get right into the first day trade we took in the forex room this week. The was a standard Jump Bar (JB). Again were not really focusing on the candle or bar but rather the median line. This median … Continue reading
BOE Asset Purchase 10/06/2011 GBP/USD
Identifying when consilidation is actually breaking in the forex market can be difficult. What we term the jump bar is one way of identifying that break. The jump bar uses a 1 Moving Average HL/2. The 1MA HL/2 very simply … Continue reading
Posted in Recent Day Trades
Tagged Day Trading, forex market, forex trading strategy, gbpusd
Leave a comment
Forex Day Trading Room 23/09/2011 EUR/CHF
Well I’m finally getting over being sick so I thought I would do a recap of the day trades taken in the forex day trading room this week. Overall we had quite a boring week as far as the NY session … Continue reading
Weekly Update 16/09/2011 – Long Term Day Trade Setup EUR/CHF
Hey everyone. It’s been a while since the last trade update. I hope everyone is doing and trading well! This week was for me a “testing” week, and thus why I only took a few day trades. Over the last … Continue reading
Day Trading Forex News GBP/USD 26/08/2011
Today we had the intensely awaited speech from Ben Bernake. Forex traders everywhere were waiting on the words “QE3″ and they didn’t get it. Once this happened we saw equities sell off instantly. Both the EUR/USD and the GBP/USD went … Continue reading
Posted in Recent Day Trades
Tagged day trade, eurusd, forex traders, gbpusd, live forex trading room, price action
Leave a comment
EUR/USD Forex Trade Short 25/08/2011
Going into the NY session the trend was down and as you can see on the 5M chart above we have consecutive lower lows and lower highs. Again we were waiting for out standard volume based forex trading strategy to … Continue reading
Posted in Recent Day Trades
Tagged day trader, Day Trading, eurusd, forex education articles, forex room, forex trading strategy, gbpusd
Leave a comment
Forex Volume Day Trading Entry GBP/USD 24/08/2011
The GBP/USD was already trending down slightly when coming into the trading room Tuesday. There was a small range that the market stayed in for close to an hour before finally breaking down. Normally those resistance channels, once broken…become resistance … Continue reading
Breakout Continuation Level – Day Trading The USD/CHF 19/08/2011
We will keep this day trade setup short and sweet. To begin we had a previous support level on the USD/CHF that broke and then became resistance. The market re-tested this previous support turned resistance, and it held nicely. The … Continue reading
Posted in Recent Day Trades
Tagged BOJ, forex education, forex room, forex training, live forex trading room, Old Articles, SNB, traders, USD/CHF, USD/JPY
Leave a comment
Trend Line Test – Continuation Day Trade EUR/USD 18/08/2011
Sorry I didn’t get a chance to update the recent trades a little sooner. This week was a bit rough for us in the room. It was our first negative week in the day trading room in quite a while. … Continue reading
Forex Volume Day Trade – GBP/USD 15/08/2011
Coming into the forex room today both the EUR/USD and the GBP/USD had run 50 + pips. If you follow this blog you know a market that is already extended makes for difficult trading. It makes it hard to take … Continue reading
Posted in Recent Day Trades
Tagged day trade forex, Day Trading, day trading room, day trading strategy, day trading volume, eurusd, forex day trading strategy, forex education, forex room, forex trading strategy, forex trading system, forex volume, gbpusd, live forex trading room, trade forex live, trading room
1 Comment
Forex Room End Of Week Wrap Up 12/08/2011
Above is a daily forex chart of the EUR/USD. Now I didn’t place this chart up here to illustrate a day trading setup, nor longer term setup. I posted this forex chart to illustrate the type of marketplace we have … Continue reading
GBP/USD Day Trading Entries 10/08/2011
Hey everyone. I hope trading is going well for everybody! Before we jump into the chart above from Wednesday let me just say that we ended the day -13 pips down on Tuesday. We were short the GBP/USD Tuesday before … Continue reading
Non-Farm Payroll – Trading Forex News GBP/USD 05/08/2011
Friday we had the infamous Non-Farm Payroll, and it came out slightly better than expected. As I mentioned in the forex room before the news came out we will often see the GBP/USD and EUR/USD spike in the opposite direction … Continue reading
Posted in Recent Day Trades
Tagged day trades, Day Trading, day trading entry, eur/jpy, eurusd, forex room, forex trading room, GBP/JPY, gbpusd, Non-Farm Payroll, trading, trading room, USD/JPY
Leave a comment
Forex Volume Based Trend Reversal EUR/USD 04/08/2011
Thursday we had a bit of a slow day in the forex room because Trichet was speaking. Normally anything worth saying will be mentioned during the first part of the ECB Press Conference, and quite frankly nothing worth noting, and … Continue reading
Trend Continuation Forex Day Trade EUR/USD 03/08/2011
Hey everyone. Welcome back for another day of trading. I hope every one’s day trading is going good as well! Today we started off with some horrible stagnant price action in the forex market…..especially in the GBP/USD. Refer to your … Continue reading
Posted in Recent Day Trades
Tagged day trade the forex market, Day Trading, eurusd, forex market, forex room, gbpusd, price action, reversal candle, swing trade, trading
Leave a comment
Euro Day Trade Short 02/08/2011 – Live Forex Trade
Around the lows we missed an entry long. Unfortunatly the market had been trending to the downside and this trade gave the entry to go long right at resistance. I didn’t take this day trading setup because of this an … Continue reading
Day Trading Strategy – Forex Day Trade EUR/USD 01/08/2011
Well I’ve never been so irritated about making +30 pips on a trade lol:) Let’s get right into today’s day trade! As we came into the forex room for the NY session both the EUR/USD and the GBP/USD were falling. … Continue reading
Counter Trend Forex Day Trade EUR/USD 29/07/2011
Friday we only took one trade in the forex trading room. Unfortunately when the EUR/USD and the GBP/USD took off to the upside rather abruptly following the negative GDP forex news out of the US. Initially the GBP/USD and the … Continue reading
Posted in Recent Day Trades
Tagged day trade, Day Trading, eurusd, forex news, forex system, forex trading room, forex volume, gbpusd, trading strategy
Leave a comment
Volume Based Forex Trading 25th – 27th July 2011 EUR/USD & GBP/USD
The new forex trading system used on a daily basis in the forex trading room is volume based. However with any day trading setup there are always contributing factors that helped signify a change in direction, and thus the entry … Continue reading
New Forex Trading System EUR/USD 18/07/2011
Hey everyone, hope trading is going well! Last week we started trading our new forex trading strategy in the forex trading room. While we will continue to use all other forex trading strategies found on the site, this specific one … Continue reading
June Forex Trading Wrap Up – Start Of Day Trading For July
Well it’s been a few weeks since the last recent forex trade update. I’ve been a bit busy, but things have settled down and I wanted to update how trading finished up for June, as well as the start of … Continue reading
Forex Pre-News Sentiment Trade EUR/USD 21/06/2011
Today were just going to do a quick review of today’s trades from the forex room. The first trade of the day was a confirmation entry long on the GBP/USD. This day trade went it our favor around 15 pips, … Continue reading
Posted in Recent Day Trades
Tagged day trade, day trading strategy, eur/jpy, eurusd, forex education, forex market, forex trader, Forex Trading, forex trading strategy, forex trading system, forex training, fx trading strategy, gbpusd, learn to trade forex, pips, price action, trading strategy
Leave a comment
Forex News Trade – US Consumer Sentiment USD/JPY 17/06/2011
This week was one of the slowest weeks of forex trading we have had in the trading room in a very long time. It is extremely difficult to take a trade when the market has already moved coming into the … Continue reading
Posted in Recent Day Trades
Tagged Day Trading, economic data, economic news, eur/jpy, forex education, forex market, forex news, forex news trade, forex room, forex trade, Forex Trading, forex training, learn to trade forex, live forex day trading room, swing trade, trading room, US Consumer Sentiment, USD/JPY
Leave a comment
Forex Swing Trading Setup EUR/JPY 14/06/2011
Hey everyone, sorry it’s been a few days since I have been able to update the recent trades section. Monday we had two trades. One was a break even short trade on the USD/CHF, and the other was a long … Continue reading
Posted in Recent Day Trades
Tagged day trade, Day Trading, Day Trading Forex & Scalping Articles, eur/jpy, eurusd, forex day trading, forex education, forex market, forex market correlation, forex trading room, forex trading strategies, forex training, GBP/JPY, gbpusd, greek debt, learn to trade forex, live forex room, reversal candlestick, USD/CHF, USD/JPY
Leave a comment
Intra-Trend Day Trading Confirmation Entry EUR/USD 10/06/2011
After yesterday’s day trade during the ECB Press Conference it was important for me and the rest of the forex trading room to have a good day going into the weekend. It’s never good mentally when you do not recover … Continue reading
ECB Press Conference EUR/USD 09/06/2011
Thursday we had the ECB interest rate decision, and then the ECB Press Conference that follows at 8:30. As expected interest rates were left unchanged Thursday for the Euro zone, but then the press conference with Trichet that followed brought … Continue reading
Posted in Recent Day Trades
Tagged day trader, ECB press conference, eurusd, forex market, forex room, forex trader, forex trading strategy
2 Comments
Day Trade Entry On EUR/USD 08/06/2011
Here is yesterday’s trades. Throughout yesterday we had 2 setups in the forex trading room. The first trade never had any follow through and therefore we took an exit for -10 pips when it looked like it wasn’t going to … Continue reading
Forex Trading Strategy – Confirmation Entry USD/CHF 07/06/2011
Hey guys and gals….hope every one’s trading day went alright. Very strange day for us in the forex trading room this today. Half of the 6 pairs we watch were stuck in tight ranges of 25 pips or less and … Continue reading
New York Session Trend Continuation Day Trade GBP/USD 06/06/2011
We only took one trade in the forex room this morning, and it was a GBP/USD short. Unfortunately the price sputtered around for to long and we took a break even exit, only to later see it fall. Sometimes that’s … Continue reading
Day Trading Forex Confirmation Entry USD/JPY 03/06/2011
In the last post that covers Wednesday I talked about when the market comes into resistance or support. This chart shows very clearly what I mean by touching the body of the candle at resistance or support….in this case resistance. … Continue reading
Posted in Recent Day Trades
Tagged candlestick, day trade, forex market, forex trading room, forex trading strategy, USD/JPY
Leave a comment
Confirmation Entry Day Trade Short On The GBP/USD 01/06/2011
Wednesday was the start of the new month! Finally we saw some decent price action during the NY session which was a nice change from the last few weeks. Over the last few weeks NY has been nothing but choppy, … Continue reading
Posted in Recent Day Trades
Tagged candlestick, Day Trading, forex day trading, forex trading strategy, gbpusd
Leave a comment
Trend Continuation Confirmation Entry GBP/JPY 27/05/2011
First I want to apologize for not doing any recent trade updates for the last week. I’ve been quite busy over the last week, however all is normal now and the trade updates will continue (3 to 5 of them … Continue reading
Forex Day Trading Confirmation Entry – EUR/USD 18/05/2011
Today turned out to be a pretty decent trading day in the forex trading room despite the large run coming into our trading session. There was a confirmation entry to go long on the GBP/USD right around 8AM EST this … Continue reading
Posted in Recent Day Trades
Tagged candlestick, day trade, Day Trading, eurusd, forex market, forex trading room, forex trading strategy, gbpusd
Leave a comment
Ascending Trendline Support Break – USD/CHF Day Trade 17/05/2011
Yet another day trade on the USD/CHF. Just seems like the USD/CHF has been the currency pair giving the best entry between the three forex pairs that we focus on (USD/CHF, GBP/USD, EUR/USD). This was a simple confirmation entry that … Continue reading
Posted in Recent Day Trades
Tagged confirmation entry, currency pair, day trade, Day Trading, eurusd, forex market, gbpusd, reversal candlestick, USD/CHF
Leave a comment
Major Intra-Day Support Day Trade USD/CHF 16/05/2011
Going into today’s NY session we had some very large moves. Seeing this price action prior to our session always makes for a tough day, and usually quite a boring day in the forex trading room. This was exactly the … Continue reading
Forex Trading Strategy – Day Trading Confirmation Entry GBP/USD 13/05/2011
The first day trading setup of the day was one that doesn’t occur very frequently. Additionally I do not have a forex trading article that covers this setup as of yet. Over the weekend I will try to quantify a … Continue reading
Posted in Recent Day Trades
Tagged day trade, Day Trading, day trading strategy, forex trading article, gbpusd, USD/CHF
Leave a comment
Day Trade Off Support GBP/JPY 12/05/2011
Here we had a nice setup on the GBP/JPY in the forex room on Thursday, unfortunately there was never more than 10 to 15 pips of follow through. Either way I would like to go through the setup because it … Continue reading
Posted in Recent Day Trades
Tagged day trade, forex room, forex trader, forex trading strategy, GBP/JPY
Leave a comment
Large Risk/Reward Setup Off Support EUR/USD 11/05/2011
Today was a fairly boring day during our NY trading session. We only took one trade and it took a few hours for it to come together. Everything had been pushing towards USD strength when we came into the forex … Continue reading
Posted in Recent Day Trades
Tagged Day Trading, eurusd, forex room, forex trading strategies
Leave a comment
Trend Continuation – Forex Day Trading Setup USD/CHF 10/05/2011
Seem like we have been hitting the USD/CHF a lot lately. Forex market correlation is very constant on a day to day basis in the forex market, however some pairs will give better entries than other’s and it just so … Continue reading
Breakout Continuation Forex Trading Strategy USD/CHF 09/05/2011
Today there were quite large moves in the forex market during the NY trading session. Unfortunately the fx market took off towards USD strength and never looked back. With the GBP/USD and the EUR/USD both falling aggressively, we expected further … Continue reading
Non-Farm Payroll – Day Trading Forex News Setups GBP/USD 06/05/2011
Today’s chart is going to be a bit more “crowded” than usual but it shows a few good examples of the forex trading strategy we use most frequently in the forex trading room. Well Friday as you all well know … Continue reading
ECB Press Conference Day Trade – USD/JPY Long 05/05/2011
Tuesday were pretty boring days in the forex trading room this week, and therefore not posted. The lack of day trading opportunities on those days was in part due to the large moves during the London session. Anytime I see … Continue reading
Two EUR/USD Shorts – High Risk/Reward Day Trade Setup 02/05/2011
Here we had 2 trades on the EUR/USD. One was a day trading confirmation entry short and the next was a high risk/reward trade setup that came together towards the end of our New York trading session. The first trade … Continue reading
USD/JPY & GBP/JPY Breakout Continuation Resistance 28/04/2011
Sorry I’m posting this one a little late. I got a little backed up on the recent trades section for last week, but here is Friday’s trades and I will do today’s trades right after this. Anyway to start off … Continue reading
USD/CHF Long – Day Trading Confirmation Entry 26/04/2011
We had a nice trade on the USD/CHF this morning in the forex room….could have taken a bit more out of it, but I tightened the stop loss to break even a little to quick and the last half of … Continue reading
Forex Market Holiday 22/04/2011
Hello Traders! As I mentioned yesterday I wanted to at least show up in the forex room and see what type of price action the forex market would offer today, being it is a banking holiday. During holiday’s the forex market will give … Continue reading
Confirmation Entry Day Trades GBP/USD & EUR/JPY 21/04/2011
Early on in the trading session we had a day trading opportunity on the GBP/USD. The market came into resistance and then gave a nice confirmation entry down. However we didn’t see any follow through to the downside after the day trading … Continue reading
Forex Trading Strategy – Live Day Trade On The EUR/JPY 19/04/2011
Hey Fx traders! Today we have a nice little half position long on the EUR/JPY from 118.05 that is currently about +100 pips up as of writing this. I now have the stop loss moved to +40 pips and the final take … Continue reading
Day Trading Confirmation Entry On The AUD/USD 18/04/2011
 At around 9:00 AM EST this morning, Standard & Poor put a “negative” outlook on the U.S AAA credit rating. As you might imagine this created a massive USD weakening effect initially that was most evident in the EUR/USD, GBP/USD, … Continue reading
Posted in Recent Day Trades
Tagged AUD/JPY, Day Trading, economic news, eurusd, forex market, Forex Trading, gbpusd, live trading room, reversal candle, USD/JPY
Leave a comment
Forex News Trading – US CPI Short Trade On The GBP/USD 15/04/2011
Overall today we took 3 day trades, and ended the day break even unfortunately. The first trade we took was right after the US CPI forex news release this morning. Core CPI came in -.1% worse than expected and then CPI Y/Y … Continue reading
Posted in Recent Day Trades
Tagged day trades, eurusd, forex market correlation, forex news, forex trading room, fx charts, gbpusd, support and resistance, USD, USD/CHF
Leave a comment
Stop Run Reversal Day Trade & Confirmation Entry Long On The GBP/JPY 14/04/2011
When we first came into the fx trading room for the morning we had a nice stop run reversal setup on the EUR/USD. This trade was based off the 1H chart on the Euro. A stop run reversal setup in … Continue reading
Failed Day Trade On The GBP/USD Short 13/04/2011
Here we have a good example of a nice intra-trend continuation day trade. The GBP/USDhad been channeling for a few hours going into this trade. Normally I don’t like to take a day trade in a channel due to the fact that … Continue reading
Posted in Recent Day Trades
Tagged day trade, day traders, forex trader, gbpusd, money managment, reversal candle, USD/JPY
Leave a comment
Daily Resistance Confirmation Entry Short On The EUR/USD 12/04/2011
Here we had a nice short position on the EUR/USD that was coming off of the daily highs. If you look back around January 15th of 2010 you will see a previous swing high on the daily chart. More importantly … Continue reading
Triple Top Confirmation Entry And Major Resistance Risk/Reward Setup GBP/USD 11/04/2011
 The chart above shows 2 of the 3 day trades taken today. One trade not shown was a EUR/USD confirmation entry long that we rode for +20 pips. Following that was a confirmation entry short on the GBP/USD that ended … Continue reading
Posted in Recent Day Trades
Tagged day trades, eurusd, forex trading room, forex trading strategy, gbpusd, pips, reversal candle, risk/reward, trading room, triple top
Leave a comment
Double Top Confirmation Entry Short On The USD/CHF 07/04/2011 & 08/04/2011
 Earlier on in the day Thursday we took a half position long on the EUR/USD based on Trichet’s speech and took a 40 pip hit. Fortunately this was only on a half position so it was -2% overall for … Continue reading
Forex Trade Setups – Day Trading Fx Trades 05/04/2011
 Our first trade of the day in the live trading room was a EUR/JPY long. As with any confirmation entry we are always looking for a clear level of support or resistance to take a trade from. As the market … Continue reading
GBP/JPY Forex Day Trading Confirmation Entry 04/04/2011
Today in the forex trading room we had a nice setup on the GBP/JPY to go long. This setup came together at about 8:45 AM EST I believe. Additionally at the same time the EUR/JPY was giving a similar setup which … Continue reading
Confirmation Entry Short On The USD/CHF 28/03/2011
Here is another great example of a fx trading strategy that we have been using with great success. As I said in the previous post I will updating the recent forex trades section of the website with confirmation pullback entry … Continue reading
Candlestick Confirmation Entry On The GBP/USD 3/26/2011
Here we have a great example of a confirmation pullback forex trading strategy. At point #1 on the chart we had a high and that was then marked as resistance. A few hours later the market came back up to … Continue reading
Non-Farm Payroll Reversal On The GBP/USD 7/1/2011
Friday was Non-Farm Payroll day. This release was a bit mixed overall. The number came out -47K worse than expected, however the unemployment rate came out .3% better than expected. Usually +/-50K usually creates a sustained move, but this month there was conflict between the headline number and the unemployment rate. Continue reading
Intra-day Trend Continutation Short On The EUR/USD 6/1/2011
By Thursday the forex market had already established an aggressive trend to the downside in the EUR/USD. Going into the Thursday morning’s NY session because of the already established trend it was a fairly straight forward trade but it required some patience. Continue reading
Posted in Recent Day Trades
Tagged EMA, Euro, eurusd, forex market, forex trade setup, resistance, reversal candle, trend
Leave a comment
GBP/USD Short After A Triple Top Reversal Candle Formation 4/1/2011
After making a large run to the upside during the London session on Tuesday the market hit a level and simply ran out of steam. It’s been said you never want to be the first one in on a trend nor the last one out. Keeping that principal in mind we were very patient on this one. Continue reading
Posted in Recent Day Trades
Tagged fx, fx market, pips, shooting star reversal candle, trading room
Leave a comment
EUR/USD Intra-day Reversal Candle Formation Off Resistance 03/01/2011
On Monday we had a nice reversal candle formation in the direction of the already established trend. Sunday the forex market opened up slightly lower and came up to test previous support that turned into resistance. After setting this high the EUR/USD worked down through the London session on Monday. Continue reading
Posted in Recent Day Trades
Tagged confirmation candle, eurusd, pips, reversal candle, support and resistance
Leave a comment
Descending Triangle Trade Update 12/10/2010
. On Monday we took a short on the GBP/USD from 1.5932 after seeing a nice descending triangle formation with a bearish shooting star reversal candle formation. We closed half for +20 pips during the NY session and let the last half … Continue reading
Descending Triangle with Reversal Candle Cluster on the GBP/USD 11/10/2010
Here we have a nice short trade that setup during the NY session Monday. Because of Monday being a US banking holiday you can see the price movement was rather choppy as well as the price being caught in an … Continue reading
Non-Farm Payroll on the EUR/JPY 08/10/2010
Here was a nice trade we took today following the release of Non-Farm Payroll. This news release was expected at -5K but came in at -95K. The initial reaction to the news was not the normal price movement the usually follows … Continue reading
Posted in Recent Day Trades
Tagged eur/jpy, eurusd, forex news, GBP/JPY, gbpusd, news release, Non-Farm Payroll, USD/JPY
Leave a comment
Reversal Candle Cluster at Major Intra-day Resistance 07/10/2010
Here we have a great example of being able to read and understand raw price charts. Usually the market tells you direction before it makes its move, and today was no exception. This is a 15M chart of the GBP/JPY. … Continue reading
Posted in Recent Day Trades
Tagged GBP/JPY, live forex trading room, reversal candle, risk/reward
Leave a comment
Stop Run Reversal Followed by Reversal Candle Formation 06/10/2010
Is this chart we have a example of a stop run reversalsetup during news. Because of this setup occurring right after news we did not take it, however if you had it wold have at least given 15-20 pips initially. … Continue reading
Posted in Recent Day Trades
Tagged bank of japan, reversal candle pattern, stop run reversal
Leave a comment
Breakout Trend Continuation on the GBP/USD 11/08/2010
As I was explaining in the room today we have seen some tough trading for this entire week if you are a short term forex trader. When you open up your trading platform and see a huge move in currencies before you got there it makes for tough trading, and here is why. Continue reading
Posted in Recent Day Trades
Tagged candlestick, forex trader, forex trades, gbpusd, pip
Leave a comment
Breakout Continuation Trade on the EUR/JPY 26/07/2010
Here is a great example of the breakout continuation trade. This type of trade setup is a great way to trade breakouts without trying to chase the initial breakout. When entering on the initial breakout, often times these are just simply fake moves that lead to a complete reversal in the market. Continue reading
Trend Continuation Following a Reversal Candle on GBP/USD 14/07/2010
Today we took a nice long on the GBP/USD for +40 pips. Overall it was really slow European and NY session, which required a lot of patience to wait for the proper trade setup. However after an hour and a half of waiting for this setup we finally had a good trade. Continue reading
Nice EUR/JPY Forex Trade Setup on 13/07/2010
Notice the EUR/JPY goes up to the last intra-day resistance level, then closes as a reversal candle formation. After the reversal candle closed we went short. Continue reading
Posted in Recent Day Trades
Tagged eur/jpy, forex day trading, forex trade setup, gbpusd, live forex room, live forex trade, Old Articles
Leave a comment
Day Trading Forex Market Correlations on the GBP/USD 12/07/2010
Here is a great example of using market correlation to find an entry. On this trade we had everything either at previous support or resistance, and additionally each 15M chart was closing as a reversal candle formation. Additionally on the EUR/JPY and the GBP/JPY there was a great forex breakout continuationtrade setups occurring. Continue reading
Forex Reversal Candle Patten on the EUR/JPY 09/07/2010
Here is a great example of getting in with the current trend by using forex chart patterns that repeat themselves many times throughout the trading day. On this example the market as a whole was point towards USD strength as well as the YEN crosses being pointed down. On the EUR/JPY we were making consecutive lower lows as well as lower highs Continue reading
Recent Forex Day Trade on EURJPY – London Session
Here is a Recent Forex Day Trade on EURJPY currency pair taken in the London Session. Other forex pairs discussed etc. Talk soon guys. Continue reading
Posted in Recent Day Trades
Tagged day trade on eurjpy, eurjpy recap, london session trade
Leave a comment
Forex Live Room – Recap 13 March 2010
A video with a few day trading oppertunities explained. This week we managed +15% from these day trade setups. Learn how to trade these forex trading strategies with this forex education video
Live Forex Trade – Triangle Break +67 pips
Here is a great example of the proper use of triangle formations to effectively day trade in the forex market. Triangles can be a powerful day trading tool when used correctly!
Live Day Trade – Reversal Signal GBPUSD
Live Trade – Reversal Forex Pattern on GBPUSD. Here is a reversal strategy we use in our live forex trading room to identify and profit from reversals in the forex market!
5 Minute Break Out GBPUSD – Live Trade
Live Forex Trades GBPUSD, USDJPY, GBPJPY. Trading breakouts can be a profitable way to day trade the forex market. Here is an example of one strategy we use in our live trading room to take advantage of market breakouts.
Posted in Old Videos, Recent Day Trades
Tagged break out, Forex, forex education, forex room, forex training, live forex room, live forex setups, trading room
Leave a comment