All posts tagged Learn to trade forex

GBPUSD +8 2016-07-11 | Orange 2 White (Using EURGBP)

This is another example of an Orange to white trade using another pair to determine entry. Cable has move down sharply but the market is being driven by the EURGBP cross which is correspondingly, moving up at the same time. The trade is taken when EURGBP reaches resistance

For more details about using forex price action to scalp using the Fib Matrix TimeLanes trading software, here

Previous recording Fib Matrix Forex Scalping Strategies | 2016-07-07 GBPJPY +6

Fib Matrix Forex Strategies | 2016-06-29 EURUSD +6

Categories: Live Forex Trades
Comments Off on Fib Matrix Forex Strategies | 2016-06-29 EURUSD +6

EURUSD +6 2016-06-29 | 1 min Trend Trade

This is a 1 min trend trade. In addition it is a good example of the step pattern that the boxes make when a good trend has formed. In this trade Kash has decided to take the entry at the 1 min boxes allowing himself room to add if necessary at the 5 min boxes. Picking the perfect place to take the trade depends a lot on “price action” here it has been strong hence the 1 min entry. Ideally the 5 min entries provide the highest probability of success. Of course if you wait for that you might not get your entry so you have to make a decision based on the prevailing market conditions.

You can find more details about using forex price action to scalp using the Fib Matrix TimeLanes trading software, here

Previous recording Fib Matrix Forex Strategies | 2016-06-28 GBPUSD +10

Fib Matrix Forex Strategies | 2016-06-27 EURUSD +8

Categories: Live Forex Trades
Comments Off on Fib Matrix Forex Strategies | 2016-06-27 EURUSD +8

EURUSD +8 2016-06-27 | 60 min Bounce Trade

This is a good example of a 60 min Bounce trade. Price has pushed up toward the second 60 min box and is 17 pips away from the 1 min boxes. 60 min levels are by far the strongest levels, although can sometimes require room, Here the upper 60 box pushes price back toward the 1 min box for +8 pips

You can find more details about using forex price action to scalp using the Fib Matrix TimeLanes trading software, here

Previous recording Forex Scalping Strategies | 2016-06-14 GBPUSD +6

Forex Scalping Strategies | 2016-06-06 GBPUSD +6

Categories: Live Forex Trades
Comments Off on Forex Scalping Strategies | 2016-06-06 GBPUSD +6

GBPUSD +6 2016-06-06 | 1min Inside Bounce Trade

This is a nice example of a 1 min Inside bounce Trade. The move up has been quick and substantial. The distance between the 1 min boxes is 10 pips and the gap back to the 5 min boxes is over 20 pips . Price has come back to the S2 1 min box with the 1 min S3 a further 12 pips away. With the fib matrix so extended the probability is that price wouldn’t get back to the 5 min box so a i min entry was take at the S2 1 min with 1 min S3 as the stop.
you can learn out more about using forex price action to scalp with the forex Fib Matrix trading software, here

Previous recording Forex Scalping Strategies | 2016-06-02 GBPUSD +7

GBPUSD +8 2016-05-25 | Orange To White

This is an extended orange to white trade. It is extended in as much as the move has been sharp and quick, so much so that the boxes on any timeframe have not yet appeared. The trade is taken off the five minute level as this is the first point at which the momentum has stalled. Note the deep orange shade above indicating that on the 1 and 5 min time frames cable is overbought. The trade worked out to produce +8 pips.

More information and further help regarding scalping using forex price action, with the forex Fib Matrix trading software, can be found here

Previous recording Forex Price Action | 2016-05-24 GBPUSD +10

Forex live trading room [2015-09-09 GBPUSD +7]

Categories: Live Forex Trades
Comments Off on Forex live trading room [2015-09-09 GBPUSD +7]

Forex live trading room: Price action in Paul’s London session had been dull but a sudden drop in GBPUSD presented him with a nice opportunity as GBPUSD was showing an extended reversal pattern. Paul got in at the extended reversal level and saw a quick reaction bagging +7 pips in very short time.

Forex live trading room [Forex Trading in 30 seconds] 2015-09-09 GBPUSD +7 pips

Below, the 2015-09-09 GBPUSD trade condensed into 30 seconds.

Forex Signals: Monday’s London session was very quiet with the US having a Labor Day holiday. GBPUSD however ground its way up during the session. Paul noticed there was strong resistance on the longer term time frames do took the opportunity to short. Unlike most scalps trade took quite a while, but produced a nice +7

Forex Signals [Forex Trading in 30 seconds] 2015-09-07 GBPUSD +7 pips

Below, the 2015-09-07 GBPUSD trade condensed into 30 seconds.

Forex Trading Signals [2015-09-02 GBPUSD +6 pips]

Categories: Live Forex Trades
Comments Off on Forex Trading Signals [2015-09-02 GBPUSD +6 pips]

Forex Trading Signals: Wednesday saw a lively London session. With worse than expected UK Construction PMI, cable (GBPUSD) dropped to the extended reversal level where Paul scalped it for an easy +6 pips.

[Forex Trading in 30 seconds] 2015-09-02 GBPUSD +6 pips

Below, the 2015-09-02 GBPUSD trade condensed into 30 seconds.

 
This site uses cookies. Find out more about this site’s cookies.