FOREX Trading Review Video 08 JAN 10 EUR/USD +224 pips (NON FARM PAYROLLS)

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Uploaded by on Jan 11, 2010

http://www.fxtrainingzone.com EUR/USD long trade based on the Non Farm news candle showing strong upward momentum:
-4H strong support zone off a rising support channel.
- Price has found strong support off the 61.8 retracement level on the daily chart..
- 5M chart indicating more upward momentum.

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Uploader Comments (sionsmith)

  • Indicators?? What ones are you talking about?? All i have on my charts is fibs 8EMA 21EMA 55EMA 89SMA with a macd filter. You should see some of the charts of the people I teach - now there are alot of indicators.

  • Please comment and rate this video as it helps me move up the rankings of youtube.

    Cheers Sion

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All Comments (9)

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  • You've got to watch the rest of the videos. It is also important to see Philip Nel's 4hr MACD video too and read the stuff on Forex Factory. This is not an "indicator tells you" method. It is all about how price reacts at key levels, and those levels are Dynamic and can be discerned with MAs and fibs. It's interesting stuff. 

  • interesting video. i dunno if this is be the right video to ask.. has anyone used the forex autogalactus? you can search it. my brother says its the most impressive forex thing out there cos they are making tons cash with it.. i am very tempted into buying it.

  • Sion, where can I get more info on joining your live webinar's..

  • nice video. thanks for sharing!

  • Great stuff keep them coming..

  • I dont understand why you need so many indicators. I trade fibs with just 200sma, 80sma, and momentum. A guy trading price action will always be in and out of the market faster than a guy who relies too much on indicators.

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