11 December 2015 GBPJPY short M15 chart setup evaluation. Unfortunately the price action setup occurred prior to a new event ruling it out as an immediate trade opportunity but did give an opportunity to discuss price action around news and view pre and post news price action.
Note: After this video price action was a little volatile, heading to M15 band below bup also thrugh the 50 and almost to the 61.8 so if taken, exited on a stop at BE would have been the most likely scenario.
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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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.