Opportunities arose during today’s New York session for both bulls and bears to make pips on the yen crosses. Some V-shaped price action from London lunch to London close left the EUR/JPY currency pair unchanged on the day.
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www.asianwealth.com. Here’s a spin-off on the “Money is Plentiful” forex trading method by James Lampert. Divergence trading if properly applied, can enable you to capture huge profits from major reversals in price action. In this video we used the RSI 14, and CCI 14 indicators. We also reviewed a recent occurence of this method, which took place on the 1 July on the EUR which was good for 250 pips+. Because I started the trade much earlier, I was able to take in about 650 pips on my own account. Watch this video thoroughly, and I hope you get in on the action on this impending trade. Move your stops and take profit levels according to key resistance levels, like X.XX25, X.XX50, X.XX75 and X.XX00. Good trading! Julian the Professional Bum www.asianwealth.com http
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www.fxforexfx.com – This is the first in a series of free Forex trading tutorials. Forex education is your first step in becoming a successful trader.
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Hi everybody, for this Monday outlook I continue our cable analysis from last week. This trade plan isn’t cut and dry given our present levels but cross referencing with the Euro Pound will provide an edge. Good luck!! David Pegler
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Hi Folks Today’s video comes to you in two parts – Part 1: A review of a couple of trades on the GBP/USD, the first aggressive which was break even. The second, a very conservative trade that nets 80+ pips. The key is that both are made with the daily trend. Part 2: Some quick analysis on the Euro. While I think there is the possibility of another leg up, I am going to be looking for short opportunities. The video explains why. Regards Rob Helean
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Hey everybody. Hope you had a good long weekend; time to get back to business. I have prepared a trade plan for the Pound Dollar today. I hope you enjoy the video and good luck!! David Pegler
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