http://www.informedtrades.com
This video comes from a member of infomedtrades.com, advfn2828 (Graeme). Graeme, a forex daytrader, shares with us a short USDCAD trade he placed based on a 15 minute chart. He entered the trade based on textbook technical analysis and money management -- but in the midst of the trade, he saw price action and news releases that suggested the trade would go against him. As a result, he closed out early for a small profit. However, his analysis was correct -- had he stayed in the trade, he would have gotten stopped out. As a result, this is an example of how daytraders can interpret price action to astutely modify their trades.
Graeme's blog: http://www.informedtrades.com/blogs/advfn2828/
http://www.informedtrades.com
What website is he using for the data?
Nuanceqwest 2 years ago
Good info, thanks for submitting it
AM2M 2 years ago
that sucker is going higher son.
jrccdhetlr1 2 years ago
Hey I remember this setup! I was trading this a few days ago, I was longing in after that consolidation action, haha
fostereric 2 years ago