Live Forex Day Trade - Triangle Pattern Break out +67 Pips | Forex
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Forex Chart Pattern Day Trading Strategy - http://www.daytradingforexlive.com/forex-chart-patterns-analysis/ Here is a perfect example of a forex day trading pattern. Use this effective forex trading strategy to take advantage of intra-day chart patterns. This was a live trade taken in our forex day trading room. Its important to understand that this is a small piece of the puzzle. Learning to trade forex involves many different aspects. Triangle chart patterns tend to be used to compress orders. This compression of the orders around these chart patterns allows retail traders a great opportunity to track the banks. If you now what direction the banks are likely to push the market then you will have a very high probability day trade setup. This video shows an example of that. -Sterling
Comments
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I read a lot of great reviews on the internet about how Trabeplom System (look on google search engine) will help you earn lots of profit. Has anybody tried using this popular secrets?
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no no no. I thought breakout strategies are bad. I mean from what I think I learned is that the banks would want you to go long so they can push the prices down. But this breakout strategy is an exception? sigh
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Hi. This is very educational for me : ) tell me what you think about setting entry orders (or is it called limit order?), above the upper line AND below the support line so that whichever way the the price action breaks out, the order ends up getting hit? Thank you for your interesting information. I'm trying to get ready to start a demo account for next week (MT4) and I am considering that I might join your forex group after I've spent enough time practicing first : ) cheers!