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AsianWealth.com No-Brainer Forex Trading Tutorial : Divergence Trading Part #4 (HQ)

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Uploaded by on Jul 21, 2010

http://www.asianwealth.com TRADE ENGAGED @ 1.2854!

Some of you got quite jittery when you saw price action move to the 1.2890-1.2910 range, but some pips above or below the 25,50,75,100 levels are common.

Before my video got interrupted by my Mom, I analysed this trade using various trade indicators for your consideration.
- Money is plentiful (James Lampert)
- Mx System
- Trend Explosion
- Trend Forex

We could be due for another dip as the H1 charts show some more mirroring. but those of you who are more conservative can exit the trade to lock in a 85 pip profit, as both HMA 5, 12 have turned up although subsequently HMA5 turned down.

Those trading the Trend Forex 2.0 method (http://www.asianwealth.com/trendforex.html) would have exited TP1 at 1.2744.

Shame the low was merely pips away from my original TP. 1.2732, missing my target of 1.2727.

Those who want specialised forex signals can look at http://fxsignals.asianwealth.com

That's all for now. Join me on http://www.asianwealth.com to be updated about trades, softwares and forex trading tips.

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  • nice

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