Forex Trend Trading Setups – Part 3: Timing Your Entries | Day Trading Forex Live

Forex Trend Trading Setups – Part 3: Timing Your Entries

April 14

22:59 2012

As a day trader, entry timing is a definite key to being successful. If you haven’t seen the first 2 training videos in this series, I recommend viewing Forex Trend Trading – Is the Trend Your Friend first. Once we understand how smart money tends to drive the forex market, we can then begin to narrow our focus to exactly WHEN they will drive the price. This video covers exact entry timing in further detail. We hope this training series has been useful in your own trading!

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Sterling Suhr

Hey everyone, my name is Sterling Suhr. Like Chad I've been around this market for quite some time, nearly 10 years now. You and I more than likely have quite a bit in common when it comes to Forex trading. Like most I started trading Forex and thought it would be rather easy. Everything I read said it would make you profitable so why wouldn't I believe it Forex trading was easy? The unfortunate part is that belief, and the hope that goes along with it pushed me into buying every scam Forex product there was. I've tried every EA, software, strategy, chart pattern, candle pattern, signal service, etc, all with negative results. The bottom line is mainstream Forex trading strategy will continue to fail retail traders. It wasn't until I realized this point did I begin to see success.On a personal note I currently reside in South Western Michigan. I personally love this part of the country and enjoy having a taste of all four seasons. I was recently married in May of 2012 and Chad has given me a stiff warning to not have children:) As a personal hobby I enjoy aviation and really anything to do with the outdoors.

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7 Comments

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Timmy January 22, 13:50
Thank You very much for these informative videos. I have been battling with candles,strategies and indicators for years. Everything you teach puts forex trading into a clear, realistic perspective.
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hing September 10, 16:59
do you use stop loss ? if yes, what is your guideline ?
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- Sterling Suhr Author December 07, 14:36
  Yes I always use a stop loss. How we set a stop loss is part of our online day trading course that teaches the bank trading strategy. We use either a 20 or 25 pip stop loss depending on how far away the confirmation candle is when it closes. The video on the confirmation entry is over an hour in length so trying to explain each aspect in a few sentence would be not possible.
  -Sterling
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MandaBear1310 November 06, 13:18
I don’t have any questions at the moment but I can’t believe that these videos were free!! Thank you so much from the bottom of my heart for sharing this valuable information with us! May god continue to bless you!
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mahmet January 15, 01:09
may i know what is your setting time for Asian Market dan New York Market
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Albie May 24, 06:59
Great information. What time frames do you trade off? My guess would be the hour and 15min. Is that a 50 SMA or 200. Thanks again Albie
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