Forex Trading Strategy for Trending Markets

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This video describes a Forex trading strategy designed to benefit from the big trends in the Forex market.

In this trading strategy, traders must:

1. Identify the trend

2. Confirm the trend

3. Place an entry order

4. Plan an exit

This Forex trading strategy is based on Ed Ponsi's book called "Forex Patterns and Probabilities". It is important to note that this strategy works only about 50% of the time and it may vary. However, the average gains are much greater than the average loss.

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An advanced technique of technical analysis involves looking at a Forex currency pair over several time frames to determine the likely direction. That process can give Forex traders an edge when it comes to entering early on a trade.

In this video, I discuss several ways to trade the EUR/USD currency pair at the moment.

This video describe the situation on the EUR/USD, a major currency pair for Forex traders.

I explain what is most likely to happen given the current technical situation. It might represent a great opportunity for Forex traders to establish a trading strategy.

Disclaimer: This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.

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