This week was a slow, and frustrating trading week for me. It ended without a single pip being banked! My longer term systems didn’t throw any signals, and my one and only short term trade missed it’s entry by four pips! In this week’s video I discuss the basic setup I use to trade the London session with entry orders. There were two setups this week, one I didn’t take due to Passover, the other missed my entry by a few pips. Don’t let the “London trading session” part of this strategy fool you! The system can be executed whether or not you work full-time, you do not need to be present to trade. I personally like to sleep while London is trading.
I hope you had a great trading week, and have a great weekend!
Ryan
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Thanks for the video Ryan. Something like this is probably more suitable for me than the long term stuff which seems to be based off of daily closes. I am in Asia and asleep when the daily bars close.
Thanks again.
I have read your book “Making Money in FOREX” when I ordered it from Amazon, I thougt it was expensive compared with other books, BUT IT WORTH every single penny. It’s is the clearest aproach to good trading practices. THANKS for sharing your experiences with the world (specially with me through your book). This is the first time I access your web page and this video is as good as your book. I will be returning to this site frequently