Monday, April 11, 2011
In this video, I provide a quick overview of the trades I entered and exited for the day and how I reached my daily goal of 5% just by trading around the common areas of support & resistance on the 1 minute chart. The purpose of this video was to prove how multiple short & small scalps of the market can produce your targeted projection, without holding out your trades over an extended period of time. Most of these trades were held out for only 1 to 5 minutes & closed manually for a small profit. This is just one scalping approach using verified S/R levels on your chart. However, it is important to remember that the timing of each entry has to be accurate for this type of trading to be successful. The more trades you enter in a short period of time, the more riskier it will be for your account...especially considering the leverage and the spread amounts for each trade.
I also introduce the CCI indicator and how it was used in this trading method.
Guest Presenter: Marvin Perry
Thursday, April 1, 2011
In this short video, you will view a short technical analysis overview and outlook on the EUR/USD pair, including price behavior, and the anticipated direction of the market.