Intra-day trade for 20 pips. Video discusses entry, stop loss and take profit rules and goes through the process of moving stop loss to break even and evaluating price action when timing the exit based on the real-time live charts.
Review of the trade starts at 30.23s.
This is a video of live Fx Trading, using foreign exchange trading platform MetaTrader 4.
The aim of the video is to demonstrate forex live trading. There are many different trading platforms, MetaTrader4 is the one that I find works best for me, though I have a different fx trading platforms for live accounts. This account is a Forex Demo account, though trades live will be taken simultaneously (for privacy, not shown).
You can also trade foreign currency and trade fx online! If you are interested I would recommend you establish a demo fx trading account with a forex online broker, learn and understand the principles, study price action, technical indicators, risk management tools and self management in an environment of uncertainty. You may find value in the methods I use, even if you do not agree with the trade style I utilize, there should be value in learning the underlying principles of why I trade the way that I do.
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