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FOREX Trading Review Video 18 DEC 09 EUR/USD (+ 122 pips)

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Uploaded by on Dec 21, 2009

http://www.fxtrainingzone.com :: EUR/USD Momentum Trade
- Strong, high momentum candle on the 1D breaking through previous support.
- 4H Doji which shows stall of upward momentum
- 3rd wave in Elliot Wave
- Found strong resistance of 8EMA

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This video is a response to Fibonacci Retracements
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  • nice video and sounds good.i like it

  • why did you enter on the first hh which closes under the previous lower high of the intraday downtrend. HH are really strong signals for a turnaroung near a trendline, but here price close below the level of the lower high.

    regulary is this an indication for a false breakout. imo it would be better (less risk )to enter after price found support around the level of the new hh. what do you think about it?

  • Sion your knowledge is so insightful, thank you so much for sharing the wealth...

  • thank you

  • way hay, sion is back

  • Always enjoy your videos and learn a lot. Glad your biking trip went well.

    Morelands

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