FOREX Trading Review Video 11 JUN 09 GBP/USD 4H Belt Holding Candle

www.fxtrainingzone.com GBP/USD trend continuation (Long) trade based on the 4 hour closing candle: – Belt holding 4H close above previous resistance at the 23.6 fib level 1.6468. – Price action found support off the 8EMAon 4H and closed aggressively above the 1H box range. – 1D shows the 8EMA had taken control with price finding support off the 21EMA. – Angle and separation developing nicely on the 8 & 21 EMA’s on 1H and 4H charts.

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Posted in: learn forex trading

Tags: Belt, Candle, forex, GBP/USD, Holding, Review, Trading, Video

This entry was posted on Friday, June 11th, 2010 at 10:54 am and is filed under learn forex trading. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

12 Responses to “FOREX Trading Review Video 11 JUN 09 GBP/USD 4H Belt Holding Candle”

youshitface June 11th, 2010 at 11:34 am

Nice video, I think I picked up some tips

WeylandYutaniInc June 11th, 2010 at 12:06 pm

stop losses just get in the way, the more risk you can handle the greater your profits. However, you must control your greed as this WILL be your down fall.

jeberly898 June 11th, 2010 at 12:59 pm

Great video. Thanks for sharing this info, good stuff.

sionsmith June 11th, 2010 at 1:46 pm

Thank you, I will be creating lesson 4 over the weekend.

JD6934 June 11th, 2010 at 2:45 pm

man, Im telling you from all the crpa thats out there, this is the best most detailed information. Clear video, clear audio, and very detailed. Keep up the great work!!!

sl0wik78 June 11th, 2010 at 3:35 pm

Your work means a lot, especially to beginners. We can read more on charts and understand FX better.
Like the other I look forward to see MM lesson here.

Thanks a million!

bulldogge1232000 June 11th, 2010 at 3:57 pm

very insightful.

Spike

1Pipster1 June 11th, 2010 at 4:45 pm

Great video. Thank you for sharing your trading insight. I really appreciate it and look forward to more.

iftyshifty June 11th, 2010 at 5:16 pm

Good video. Keep it up buddy. IFTY.

sionsmith June 11th, 2010 at 6:14 pm

Thank you, is there anything you want me to cover in particular?

ThePowerlexus June 11th, 2010 at 7:07 pm

great video as others,
with your help I begin to read charts better.
thank you very much.