All posts tagged Live Forex Trade

Forex Scalping Strategies | 2016-06-13 EURJPY +7

Categories: Live Forex Trades
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EURJPY +7 2016-06-13 | 15min Tripod Trade

This is an example on EURJPY’s of a 15 minute tripod set up. This can be see by looking at 15 pip distance from the 1 min boxes back to the 5 min boxes and the fact that the 15min L2 box is in line with the 1 min box This creates a distinct ‘V’ pattern if you drew a line from the lead 1 min box, to the lower 5 min box through to the upper 15min box.

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 | 2016-06-09 EURJPY +7

GBPUSD +8 2016-05-20 | 1 min Pre-Emptive Reversal

This trade is a 1 min pre-emptive reversal. There has been a move up on cable but has retraced. This is the second push up but the S1 and S2 boxes have crossed on the 1 min indicating that short term momentum has changed. Cable is therefore shorted bringing in +6 on the first half and +10 on the second giving a net +8 pips.

You can get further help regarding trading forex price action scalping, with the forex Fib Matrix trading software, can be found here

Previous recording Forex Price Action | 2016-05-19 GBPJPY +8

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