Currency Trading Videos

April 28th, 2010 by admin


Here is a page with loads of quality free forex currency trading videos, they will help you learn to trade forex currencies.

Today in the fx500 club live trading room there wasn’t much happening, retracements were in play so we just had to wait for the good trade setups to come to us.

Below is todays forex potentials video.

Click fullscreen to see the video in more detail

Get the Flash Player to see this content.

There were some fantastic trade setups on Friday, I had most of the day off and missed most of them but no worries there will be plenty more in the future.

It just goes to show, never believe all the old addages about the best trades only being on certain days at certain times of day. As I said in a recent post, take the trades when they present themselves and take ALL of them regardless of the time or situation, a good technical setup that follows your rules is the safest highest probability way to trade.

I post this stuff because it helps me learn. Checkout the links below if you want to learn to trade forex too. Strats thread is free so make the most of it. Anders Baard Larsen is a brilliant trader and a lovely guy. The fx500club is also filled with a great bunch of trader teachers. Zulutrade is proving to be a useful place to use as well. Checkout all the links below.

Strats free guide to Stress Free Trading the very best free place to learn to trade forex 

HAPPY TRADING 

Click here for a free weeks trial in Anders Larsens live Trading room

I also learned how to trade forex and would wholeheartedly recommend the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions

Managed forex accounts with no fees  Zulutrade

I have now managed to find a few Zulutrader signal providers that are trading for me profitably, sign up for a demo account using my link above then contact me at info @ forex-experts.co.uk so that I can verify your email, I will then contact you with the traders details.

Strats free guide to Stress Free Trading the very best free place to learn to trade forex

Strat will teach you how to trade candlestick patterns at support and resistance, STEVE NISON also has some brilliant products that will help you become a profitable home day trader.

Click here to vist Steve Nisons website or

Click here to signup to his Free Newsletter Signup

Free Currency Trading Videos

January 30th, 2010 by admin


You can get plenty of free currency trading videos by looking on youtube, however they will never be as useful to you as joining a great value live trading room like the very good value fx500 club. links at the bottom of this post.

I have found a new indicator online and it has transfomed how I see support and resistance. It is based on fibonacci levels taken from the highs and lows of the previous days candles. What is incredible to me though is how the price respects those levels almost as if you had drawn the levels by hand after the price goes there. Take a look at this usd/jpy trade I took using them yesterday. I traded the 15 minute chart using the 60 minute and hourly charts to confirm the direction of the price.

15 minute chart below, please note the blue lines are fibonacci levels put on the chart BEFORE the price had reacted to them.

 

60 minute confirmation chart below

four hour confirmation chart below

As you will see from my previous posts I never stop learning, I trade using numerous different methods and indicators but a few things never change.

I always use trend analysis, I must always have the stepping trend of a low, a high, a higher low and a higher high, the opposite for a sell trade. I always trade with the direction of the price on two higher timeframes. So if I see a trading opportunity on the 15 minute timeframe, I use the hourly and four hourly to confirm the direction of the price.

Look at the 15 minute chart again. The first indication I have for a potential trade is the 20 ema crossing the 50 sma (the blue arrow), then I have to wait for the trend to build, I have marked the series of highs and lows. I want the price to trend through the intraday pivot and clearly close above that level. I must also close above that pivot on the higher timeframe, in this case the hourly chart.

I also must see the yellow line below the price acting as support on both the hourly and four hourly charts, the white line must also be above the yellow on both the hourly and 4 hourly charts as well. If these conditions are not met then the trade is out of alignment and is discounted, move on and look for another setup.

I only found this free fibonacci tool 36 hours ago but I am incredibly excited by it. I have spent the last few years learning how to draw support and resistance levels manually. I trade profitably using my old method but this fibonacci indicator instantly helped me see a trend forming more clearly, it may just be the grid effect but I like it all the same.

Have a look at the same 15 minute chart with everything but the fibs removed.

The key here is the trend analysis, the series of highs and lows. Once you have a trend in place then you could use pure price action at those fibonacci levels along with candlestick analysis to take the trade. Look at the candles for confirmed bullish signals on the two higher timeframes. You can trade these fibonacci levels without all the indicators and moving averages (ma’s).

Add a few static trendlines for possible areas of support and resistace, resistance levels are your profit targets. Look at the h4 and then 15 minute charts after I add a few trendlines.

15 minute chart below

in order to clarify what I mean about using the h1 and h4 timeframes to make sure we are trading with all three timeframes aligned I have created two charts for a trade that looked to be setting up for a perfect long entry. By looking at the H4 chart we can easily see the white was below the yellow and the price was also below the yellow. It was therefore acting as resistance above the price and not support. Compare the two h4 charts for the successful usd/jpy trade against this failed nzd/usd trade.

 

H4 example of non-alignment below

and the example of a correctly aligned h4 chart from my usd/jpy trade

Practice makes perfect as they say, you need to learn everything you can about trend analysis, then learn how to draw support and resistance lines manually. Fibonacci levels are important as well because the whole financial markets use them. Moving averages are important for the same reasons. The 20, 50, 100, 200 and 365 are probably the most widely used moving averages. It is important to remember the whole world sees the charts at exactly the same time, the levels may be interpreted differently, but as traders we need to be trading with the big boys not against them.

I personally learned how to trade across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions

Managed forex accounts with no fees  Zulutrade

Can you really make money trading forex?

January 14th, 2010 by admin


Yes you can make money trading forex, I will show you how for free. Finally I have found a Zulutrade signal provider that makes consistent profits.

 
After 9 months of testing 100’s of Zulutrade signal providers I can finally announce that I have so far found just one trader I am happy to allow to trade my real funded account, yes that’s right not a demo account but real money for real profits and in what I consider to be a safe and consistent way.
  •  
  • 5.5% – 12% profits per month (based on last years performance)
  • that’s equal to 63% to 120% profit per year (compounded)
  • Minimal drawdown (about 20 pips per trade)
  • 95% winning trades
  • only 1% risk to capital per trade
  • I have done all the hard work
  • Read on to see how you can benefit for FREE
  • No commission fees or charges It’s totally Free!!

 
For this month this zulutrade signal provider has won 95% of his trades, 40 winners and 2 losers, 268 pips profit and as per my own money management rules I have only risked 1% of my trading account per trade.268 pips represents $2680 on this 50K demo account that’s about 5.5% in a month. If you compound that and continue to increase you lot size in
order to stay at 1% risk per trade your account will grow by roughly 63% in a year.That’s about $6300 profit on a $10,000 initial account size.December was a quiet month for this trader what with all the holidays etc, I am expecting nearer 500 – 600 pips a month or in excess of 10% a month profits about 120% a year if compounded.

I was so impressed with the way this zulutrade signal provider trades that I started trading my own LIVE FUNDS, REAL MONEY halfway through this demo accounts testing period.

I have not done all this hard work for nothing though, in order to get the details of this zulutrade signals provider for FREE you will need to signup to zulutrade using my link here When you have signed up to zulutrade via my link please contact me by email at ” info @ forex-experts.co.uk ” supplying the email address details that you
used when joining zulutrade, I will need this to verify that you signed up using my zulutrade link.

Once you are verified I will send you details of this profitable zulutrade signal provider along with the settings I use in order to trade in the safest possible way.

signup to zulutrade using my link here then contact me giving me your details. I will then contact you to let you know who to trade with and what settings I use. info @ forex-experts.co.uk

RISK DISCLAIMERYou trade forex at your own risk, I am not recommending that you trade live funds with zulutrade or any other forex broker or signal provider. You must do your own due diligence and demo test my recommendations, if you choose to trade live funds it is your own decision.
 

Trading Long Term Charts

November 9th, 2009 by admin


This is a copy and paste of the best ever post about trading pure price action that I have ever read.

Pull up your daily eur/jpy chart and follow Strats description of how he traded it. PRICELESS.  

I personally have switched to trading the daily, weekly and monthly timeframes initially because I wanted to spend less time in front of the screen but now I am seeing my profitability increase in leaps and bounds. Try it, you will never regret it.

I wasn’t going to post this as it smacks of ego but it answers many of the questions I get like, “what’s the difference between you and other Price Action/Support and Resistance traders/threads?” etc., etc. This is a shining example of my method, my style of using Price Action/Support and Resistance plus other tools from my toolbox. It is not classic Price Action and I never pretended it was but it works for me and that is all that matters. My style is to look for long runs, I’m not interested in one or two day scalps. So……………………..

ROCK N ROLL ANATOMY OF A STRAT TRADE – EURJPY

 

 

I don’t know whether it is still going up BUT it stopped ME going up. Dr. Joe said my last buy would be a loser, which it is, so, STOP BUYING!

Classic hammer Jan21 – Buy Stop above high – not filled (Price below 20 and still steep down slope –see arrow)
IB – Jan 22 – Buy Stop above high – not filled
Neutral doji – Jan 23 – Buy Stop above high – not filled
Bullish IB – Jan 25 – Buy Stop above high –filled
Weak shooting star – Jan 28 – SL below low – stopped out (20 still sloping down)

The Animals are singing “The House of The Rising Sun” followed by the Stones’ singing “Honky Tonk Woman”.

BUOB & HL – Feb 02 – Buy Stop above high – filled
Price closed above 20 – Feb 06 – Bullish – 20 goes flat – see arrow
Bearish Bar (Dark Cloud Cover) – possible double top – SL below low – stopped out
Made HH inside coil
BUOB & HL – Feb 12 – another close above 20 – Buy Stop above high – filled
SL below Feb 12 higher low
Feb 17 – Potential higher low forming coil base line – Buy Stop above 20 – filled
Bullish bar on Feb 18 confirms higher low – price closes above 20 – SL for both orders below swing low
Feb 20 – bullish bar breaks out of coil – Min target = 940 pips – IB – Buy stop above high – filled – 20 turning up – see arrow

Something is happening – Sting is singing “Every Breath You Take”

Feb 22 – price closes above 50 – bullish
Feb 24 – Huge bar – TL drawn
Feb 25 – 20 crosses above 50 – bullish
Feb 27 – Stopped out at TL – Boss 20 coincidence?
March 03 confirms March 02 HL
March 04 – Strong close above BOSS 20 (and you thought you were strong – huh!)
March 05 – Buy stop above highs of consolidation for break out

Feb 27 to March 11 consolidation – flag pattern – Beatles are singing “Nowhere Man”

March 12 – BUOB – buy stop above high – filled – SL below low – 20 is supporting prices

We’re in FAT CITY – throw away all rule books – Everly Brothers keep on singing “BYE BYE LOVE”

March 15 – hammer type bar – buy stop above high – filled – SL below low
March 19 – neutral doji IB – buy stop above high – filled – SL below low
March 20 – TL drawn
March 24 – Strong bearish bar – almost a BEOB – is something wrong? The Beatles are singing “You’re Gonna Lose That Girl”.
March 25 – hammer type bar – buy stop above high – filled – SL below low – I think I hear John Lennon singing in the background “I’m a Loser”
March 27 – Open up charts to hear Roy Orbison singing “IT’S OVER
March 27 – stopped out (small loss on last trade) BUT close still above 20
Now I’m singing Roy Orbison’s “Crying”.

eurjpy-anatomy

Strat is a trading legend and he teaches how to trade the daily timeframe and upwards for FREE on his forexfactory thread here

I personally learned how to trade across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions

Managed forex accounts with no fees  Zulutrade

Profitable Expert Advisors Results – yes real money profits in real trading accounts

September 13th, 2009 by admin


Live trading results for a profitable forex expert advisor.

This forex ea really is profitable see the live trading statement below

I have finally found a forex expert advisor that seems to be making consistent profits over a sensible period of time. The only live trading (real money) results I have found are an Australian lady’s’ results. She has made $8000 in 7 months trading with an account started with $10,000 and has been consistently profitable since Feb 2009, very promising indeed. I will add my own live trading results once I have forward tested this EA on demo for a few months first.

I have done and continue to do extensive research about this profitable forex expert advisor and all my findings are so far very good. I have managed to find another person ( professional forex trader ) trading real money using this expert advisor and in her own words “I am very happy with this forexgoldmine profitable EA, it trades very conservatively and protects your capital at all times, I am very happy to be trading a substantial amount of my money using this Forex Goldmine EA

Checkout the live trading results for Forex Goldmine below

Profitable expert advisor live trading results 1 

at just $39.99 a month  for this Profitable forex ea, this is one of the few profitable forex Expert Advisors I have come across

I have only just come across this expert advisor and will be forward testing it myself and will post the results here ASAP

Here are my first 3 weeks demo trading results for forexgoldmine.

Forexgoldmine results demo account 1 Click here

Forex Goldmine demo trading results account 2 Click here

Click here for a free demo account and also visit a active forum where you can see other peoples trading results

Forex Goldmine is being used by professional forex traders that really know what they are doing when it comes to trading forex for a living. The two ladies that I have managed to find results for by searching online that are genuinely trading forex for a living are both trading forex manually and making a profit. As you know this is very hard to do and usually takes people years to perfect. They are currently using Forex Goldmine to supplement their income from trading, something I intend to do also. Spread the risk and have a Stress Free forex trading lifestyle is what we are all about.

I am continually doing extensive research looking for and testing profitable expert advisors, for FREE unbiased up to date information and regular expert advisor automated forex trading reviews and results please join my mailing list. Click here

Disclaimer

you trade forex at your own risk, it is a high risk financial instrument, if you get it right you can make a fortune if wrong you will lose a fortune. Never trade with money you cannot afford to lose, Always demo trade every strategy , expert advisor or trading system before using real money. Good Luck.

Scalping The forex markets is easy if you watch the fx500club currency trading videos.

July 27th, 2009 by admin


The www.fx500club.com forex trading school produce currency trading videos nearly every day of the week. The videos contain potential trade setups and they talk you through exactly how to trade that particular potential currency trade. They give you entry levels, stop losses and possible take profit targets. These currency trading videos are sent out every day by email. This is just one of the many services they provide included in the fantastic price of just £97 per month.

Don’t get me wrong Dan Armitage and the other forex teachers in the www.fx500club.com don’t promote trading like this , it is considered scalping and as such unless you have a very good feel for the way the financial markets are behaving it is a high risk trading strategy. The upside for me is that the stop losses are generally very tight and you can be in and out of trades very quickly.

Trading like this suits me in the summer because I can generally find a good trade setup within minutes of opening my charts. I love to use the 2b reversal setup and 123 reversal setup combined with everything I am learning in the fx500club, I find using the fx500club 123 and moving average crossover strategies along withe the cci indicators that they have taught me to use is working incredibly well and very profitable. Look at this cable trade I took on Friday.

cable-trade240709

All the moving averages were bunched up, we also had a descending trendline acting as resistance above the price  and an ascending trendline acting  support below the price, I just wanted the white 1 minute 5 ma to cross up through all the other moving averages and I would go long with my stop below the old low at 1.6480, I wnet long at 1.6486 giving me a 10 pip stoploss including the spread.

As you can see from the chart I was able to take profits and add back into this trade when the price retraced to the thin pale blue 1 minute 50 moving average. This trade was worth about 50 full pips, very good money management and a relatively stress free trade.

All for about an hours work. A pip could be worth 10p ,£10,000, or £100,000 so 50 pips profit could be £5 or £500, 000, or millions. I trade what my account can afford and what I feel comfortable with. But if you never risk more than 1% of your capital trading like this should never ever be stressful.

 

Always Remember. 

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

CLICK HERE To join my mailing list where I will be sharing my extensive result from trading with the fx500club and Zulutrade automated trading and other Expert Advisors automated trading systems

Click Here to get a FREE days entry into the fx500 club live trading room

2b reversal and 123 reversal trading instructions
 

Currency Trading Videos – Another piptastic morning in the fx500club live trading room

July 7th, 2009 by admin


Plenty of pips available in the www.fx500club.com live online trading school this morning. There were at least 5 winning trades called live today in the www.fx500club.com trading academy. I started earlier than the trading room this morning and took my euro gbp trade based on my bunched up moving averages strategy.

There were no currency trading videos from the www.fx500club.com this morning but we had plenty of potential trade setups ready to trade should all the indicators become aligned correctly.

Euro british pound is a slow moving pair but having studied all my 5 minute charts this was the one I liked the most. EUR/GBP tends to go in the opposite direction to cable so I would be using this move up on EURO against the pound to take a short entry on GBP/USD as well.

eur-gbp-0707092

I prempted this trade a bit and entered just as the 20 moving average crossed up over the 50 moving average, but at the 0.8586 level it meant I could have a very tight stop loss just 6 pips away below the obvious support at 0.8580.  I was trading into the daily and monthly pivits but I am aware that those pivot points also act as levels to be tested. Once I had moved 15 pips into profit I banked 75% and moved my stoploss to 0.8590 giving me a free trade and hoping it would carry on up.

With eur/gbp going north I was looking for breakout trades on the other pound related pairs, I got 25 pips on a cable short trade, the same on a euro/usd short and 40 pips on gbp/jpy short. All these trades and a few others were also called in the www.fx500club.com Live Online Trading School.

The teachers in the www.fx500club.com do send us currency trading videos regularly by email but only when there are clear trading setups available and predominantly on the hourly charts.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

100 pips profit so far from yesterdays currency trading video

June 26th, 2009 by admin


This was a nice forex trade signal setup sent to us by email from Zak Lloyd in the www.fx500club.com worth about 100 pips so far and I am still holding 25% of the trade.

We get one or two video trade signals a day sent out to us like this, you can set them up to go straight to your mobile phone if you need to. These currency trading videos from the www.fx500club.com are brilliant as an additional trading tool from the online forex trading school.

The chart image below shows where I took my trade, watch Zaks forex trade signals video for a detailed explanation of the trade setup.

usd-chf-2506091

Watch the video trade signal by clicking the link below, please allow a few seconds for it to load.

Get the Flash Player to see this content.

Click Here to get a FREE days entry into the fx500 club live trading room

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Click Here to get a FREE days entry into the fx500 club live trading room

Over 200 pips profit from Zaks Currency Trading Video in the fx monkey school

May 27th, 2009 by admin


This was a brilliant forex trade call from Zak Lloyd AKA the fxpimp. He made a video and posted it in the www.fxmonkeyschool.com, this is the www.fx500club.com website dedicated to teaching forex trading on the medium to longer term timeframes, that’s hourly, daily and weekly charts mainly. The forex trading live room is £97 a month , the longer term trading school is an additional £97. Well worth the money, Friday’s cad/jpy trade netted me over £1500 so I’m very happy.

Zak said enter long at 83.44, target 85.90. I got in after the break of the descending trendline at 83.20, banked half profits at 84.30 with a view to getting in again after the inevitable retracement.  Got back in at 10am yesterday, the test of the 80 moving average, 83.80. Stunning trade and a brilliant call from Zak and the www.fx500club.com

cadjpy-220509-601

Watch Zaks video below. Give it a moment to load and use the fullscreen button to see the video in detail.  Enjoy!!

Get the Flash Player to see this content.

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Currency Trading Videos – 150 pips profit from this eur/jpy trading video

May 17th, 2009 by admin


Just before closing the www.fx500club.com , live forex trading school for the day, Zak Lloyd told us to watch his Trade of the day video regarding this trade setup on the eur/jpy. He said EJ was looking very weak and told us to look for a long trade from the break of the daily pivot at 130.15, trade it up to the monthly pivot at 130.90 and then use the very strong resistance caused by that monthly pivot to trade this short.  Just a 30 pip stop loss above the monthly pivot meant a great risk reward ratio this could easily go down a few hundred pips.

What a brilliant trade call by Zak the www.fx500club.com Yen trading specialist, 150 pips in the bag and it’s still falling.

eur-jpy-150509

Hear this euro yen trade call from the expert himself, Play Zaks euro yen play of the day video below. I am still in this trade now.

Get the Flash Player to see this content.

Always Remember.

Keep your risk as a percentage of your capital low (1%), equals stress free trading.

Always work out potential losses before potential profits.

We are paid to take risks, if you aren’t in a trade you cannot win a trade!!

Buy off support and sell off resistance.

Bank partial profits early and move your stop loss to break even as soon as you can.

I am learning how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.