All posts tagged Live Forex Trade Room

Forex Scalping Strategy | 2016-05-26 GBPUSD +8

Categories: Live Forex Trades
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GBPUSD +8 2016-05-26 | Supreme Combo

This is a textbook Supreme Combo trade. Price has broken out to the upside and retraced back to the Supreme Combo level. This is circled in red and you will see that the 1 min S7, the 5 min S3 and the 15 min S1 are all within a couple of pips of each other and there is a gap of 10 pips back to the 1 min boxes. The trade is taken long at this level and produces a quick +8 pips

A lot more information and further help regarding scalping using forex price action, with the forex Fib Matrix trading software, can be located here

Previous recording Forex Price Action | 2016-05-25 GBPUSD +8

GBPJPY +8 2016-05-19 | 1 min Inside Bounce

This is a 1 min Inside Bounce trade, a rare trade that generally needs very specific circumstances. An inside bounce trade on any time frame is where the trade is taken from the second box (R/S 2 box) and traded back to the first box (R/S 1 box). The R/S 3 usually acts as the stop. In this case the move had stretched out the boxes and levels to such an extent that only the 1 min boxes and S3 were showing. In this trade, entry was made at the S2 box with the target of the R1 box. The stop though would not have been the S3 as this would have been too far away. In any event the trade worked out nicely for +8 pips.

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

Previous recording Forex Price Action | 2016-05-18 EURAUD +7

Forex Scalping Strategy | 2016-05-18 EURAUD +7

Categories: Live Forex Trades
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EURAUD +7 2016-05-18 | Orange to White

Orange to white, Single level on the 1min timeframe with 15 pips back to the 1min boxes.
Little protection above so traded with a tight stop without any adding zones. Trade worked out to give an initial +6 pips with +9 pips taken on the second half giving a net +7.

Further details and help regarding trading forex price action scalping, with the forex Fib Matrix TimeLanes trading software, can be found here

Previous recording Forex Price Action | 2016-05-16 GBPUSD +8

 
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