How to trade in the aftermath of news at certain times of day when markets open.
This forex training video is available at this link:
http://www.forexmentor.com/video/sample-8-17-timeofday.html
Looking at what happens after the London open at 3 AM EST, demand or support line and resistance, looking for breaks. A nice short trade worth 30 pips was facilitated by adherence to the M1/M3 paradigm, 15 minute Hammer, TD TL break. The end of run determined by 15 minute railroad tracks and TD TL break at M2.
This forex training video is available at this link:
http://www.forexmentor.com/video/Pivots-Trendline/index.html
Looking at a 15 minute chart and how you should approach your trading including drawing a demarcation line between sessions, open hi and low close over 24 hour period, central pivot points and M3. See how to evaluate price action based on pivot points.
This training video is available at this link:
http://www.forexmentor.com/video/pivot-overview.html
The pound/dollar currency pair barely trades during Austral-Asian trading hours leading to a more emotional and chaotic open when European trading desks enter the picture. This creates an ideal situation for day traders.
This training video is available at this link:
http://www.forexmentor.com/video/most-active-pairs/index.html
Recently, I had the pleasure of interviewing a former client, Jarratt who is a trader from the UK. In this interview you’ll hear how Jarratt has integrated the knowledge learned at Forexmentor into his own trading in an unique and profitable way. Needless to say his stellar results are a reflection of his consistency and application of the sound trading principles that he’s learned.
Enjoy the interview at:
http://www.forexmentor.com/coaching/interview-jarrat-0408.html
It’s my true hope that by sharing these stories with you that you may find a way to gain some personal benefit in your own trading.
Feb 25th was an M2/M4 day. At M2, price failed to penetrate M2 and formed a triple bottom consisting of a quasi railroad track and a long hammer. Trendline break at 08:00 at the pivot point. Drilled down to the 5 minute chart to confirm price break through and test of the central pivot. As price punched through M3, price did retest M3. M3 then provided support for price to travel to M4.
This training video is available at this link:
http://www.forexmentor.com/video/m2m4-example.html
