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100 Pips in Under 25 Minutes - Easy as ABCD! (Forex Trading)

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Uploaded by on Oct 18, 2007

You read that right... how to earn 100 pips (that's $100 if you trade just 1 mini-lot) in just under 25 minutes! An overview of the ABCD pattern and how to use it together with Fibonacci retracements & extensions. Sign up to receive market insights, trading tips, and invitations to FREE webinars: http://bit.ly/t83NVg

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Uploader Comments (fxKnight)

  • How well does this work on intraday?

  • @FreeTrendIndicators Just as well... I purposefully work with indicators which scale well.

  • amazing how the wick doesn't hit the 61.8 yet your order fills. lol.  when i place an order at 100 and the price gets to 99.94 ... my order never fills. you are amazing!

  • @maximumvalues All my orders are market, I don't wait for fills, I watch & react accordingly. You cannot anticipate a bounce, you wait until you see it and THEN go.

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  • Agree!

  • @Vij108 Right... I always recommend waiting for a new candle to open to make your decision. The idea is not to catch the absolute top or bottom, but the SAFE pips in-between.

  • :)))

  • @ThePhantomLash In theory, yes, but during news I'd recommend playing it safe.

  • can you put more on each pip, say $1000 so u wull make $100,000 profit ?

  • @Semidio36 Yes, personally I like 1H/4H combination (higher TF for trend/direction, lower TF for entry signals in THAT direction only). Back when this video was made I traded the 5M/30M combo, but since 2008 markets have been too choppy & skiddish, making longer-term swing trades far more profitable. I still use 5M during news time, however. The range trader (I think) uses 30M, sometimes 1H.

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