Fibs and pivots really came together today. They helped with direction, entry and exit. What more could a FOREX trader want? We traded GDP technically, even though its a fundamental annoucement. We used 5 minute candles to identify support and resistance, then traded the high probability breakout. Price busted through the fib extensions and then hit a brick wall right at the M4 reversal pivot point, just as we discussed an hour in advance. What more could a FOREX trader want?
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Duration : 0:11:20
[youtube SXQZ6rR4rYo]
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I remember this day …
I remember this day…First day back from my vacation and +25 pips! Another great day with FXBootcamp
I’m a Bootcamp …
I’m a Bootcamp member and I’m better for it. Great technical analysis and trade planning. Education is second to none with the online classroom every morning. Trading along with Wayne is awesome, he doesn’t say “buy here, sell here”, he shows you how to plan a trade and execute it. By far the best teaching method on the Web. You will be successful if you work for it.