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FOREX Trading Review Video 02 OCT 09 EUR/USD (+ 138 pips)

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Uploaded by on Oct 9, 2009

http://www.fxtrainingzone.com :: EUR/USD Bullish engulfing candle of the 55 EMA daily.

Reasons for Trade:
- Price found support off the 55 EMA daily
- Engulfed previous resistance area.
- Price action found support off the 200 SMA on 4H
- Used 5M chart to gain entry.

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Uploader Comments (sionsmith)

  • One thing I forgot to add to the video was Elliot wave, we were on a 4th wave on the 4H period.

    Cheers Sion

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All Comments (4)

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  • LOL

    thats a good video posting,

    check at INDEPENDENTINVESTOR. CO . UK

  • keep them coming

  • great stuff , look forward to your new website.

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