Forex GBPCHF Live Trade!

Blog: http://aceforex.wordpress.com/

It seems like quite a few people liked my last live trade video, so I decided to post up another one for your viewing pleasure. :)
It's a 4H Trade on the GBPCHF. A lot of people are scared of exotic pairs like this one but these pairs are quite trending during late august when the typical USD pairs are not moving too quickly.

The name of the trade is confluence. There were three major confluence factors which gave me my bearish bias.
1. Round Number 1.6000
2. Prior zone of S/R
3. Trend line resistance

Hope this video was useful! Best of luck in your trading = )
Remember to rate, comment and subscribe!

Good Trading,
Acefx

Check out my last live trade video: http://www.youtube.com/watch?v=rGSYf6nsPCA

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[Mearyeaurng]

You don't use any indicators all???

[price777999]

I think this is the best forex video I have seen ............ great job mate !

[mstearsofthesun1]

Well executed

[airsquad1]

Righteous Trade Brother,do use TRENDLINES at all to trade? It was great risk to reward ratio.I only trade H1 TRIMEFRAME H4 TIMEFRAME,sometimes daily.I use the DOLLAR INDEX for confluence. Wishing You 58 MILLION Dollars in the next 3 to 5 years,the Moment LOVES ALIVE with POSITIVE LOVE.

[paribartan11]

thanks for this video..

[pdmack]

Well played

[fxlan]

An awesome awesome trade! Congratulations! Thanks for the video!