Forex Bank Trading Strategy - Live Trade Setup - March 31st 2015 | Forex
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More Live Trade Setup Videos Here - http://www.daytradingforexlive.com/recent-trades/ Retail forex traders always tend to look at the market from the perspective of where should they trade. The banks however look at the market from the perspective of where can they trade. Because of their sheer size they cannot simply buy or sell at the market price whenever they desire. Entries and exits need to be planned well in advance from areas of high liquidity. The goal of the forex bank trading strategy is to identify market manipulation points and what the market does when it enters this level. If we see the stop run of these key levels then we have a very good understanding of what Smart Money is doing at that point. Because the top 5 banks have control of 60% of the daily market market volume it is critical to understand what they are doing as they drive market direction. This forex training video walks through two great examples of back to back day trading setups based on market manipulation. Enjoy -Sterling
Comments
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Great strategy. You know you and your members might want to use Alertfx. You can set price alerts, calendar alerts, indicator alerts, etc...they have a free account with 10 Alerts, or a pro account for $10 a month. No I'm not an affiliate. But I love not having to check charts when they can do it for me and send me an SMS!
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A couple of great illustrations of the power of the Confirmation Entry in action. Thanks for this video, Sterling - great stuff!
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Couple of nice trades Stirling - happy to report I was in both of them.
Cheers