Forex Trading Strategy Session: How To Read Your Charts and Make a Trade

Yesterday was an epic bearish trading day. So why did I buy today? In this video, I review the signs and take a long position for a quick profit. Watch more videos here: http://youtube.com/c/tradersway May the pips be with you! - Wayne McDonell Chief FX Market Strategist TradersWay.com TradersWay Is A Global Trading ECN Offering: Currencies | Energies | Metals | Indices | Binaries Join our live trading strategy sessions here: https://po.tradersway.com/webinar?ib=1049995 Live Forex Strategy Sessions Monday - Friday 7:30am ET (London Lunch) RISK WARNING Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Seek education and gain experience before risking real money, but please always remember, your past performance does not guarantee future results. Related: forex account forex accounts forex australia forex binary options forex broker forex brokerage forex brokers forex brokers australia forex brokers reviews forex brokers uk forex cfd forex chart patterns forex charting software forex charts free forex charts live forex companies forex courses forex currency trading forex currency trading system forex day trading forex dealers forex demo forex demo account forex demo accounts forex download forex for beginners forex forex trading forex france forex free forex funds forex game forex graphs forex handel forex leverage forex managed funds forex market trading forex micro account forex money transfer forex online trading forex platform forex platforms forex practice forex practice account forex program forex review forex software trading forex spread betting forex strategies revealed forex trade forex trader forex trader pro forex traders forex trading forex trading account forex trading australia forex trading blog forex trading bonus forex trading broker forex trading brokers forex trading canada forex trading charts forex trading classes forex trading club forex trading company forex trading course forex trading courses forex trading demo forex trading demo account forex trading for beginners forex trading for dummies forex trading forum forex trading game forex trading guide forex trading hours forex trading information forex trading learn forex trading lessons forex trading market forex trading mentor forex trading news forex trading nz forex trading online forex trading platform forex trading platforms forex trading practice forex trading program forex trading reviews forex trading school forex trading secrets forex trading seminar forex trading services forex trading simulator forex trading site forex trading software forex trading south africa forex trading station forex trading strategies forex trading strategies that work forex trading system forex trading systems forex trading times forex trading training forex trading tutorial forex trading uk forex trading wiki forex traiding forex training commodities trading compare forex brokers day trading forex demo account forex demo forex demo forex account demo forex trading free forex account free forex charting software free forex demo account free forex software free forex trading free forex trading course free forex trading software free forex trading systems free forex training free live forex signals global forex trading how to currency trade how to do forex trading how to forex trade how to invest in forex how to learn forex how to learn forex trading how to start forex trading how to trade currencies how to trade forex how to trade forex for beginners how to trade forex successfully is forex trading profitable learn forex learn forex trading learn forex trading free learn how to trade forex learn to trade currency learn to trade forex learning forex learning forex trading live forex trading low spread forex broker max forex mt4 mt4 forex online currency trading online forex broker online forex trade online forex trading online forex trading platform online fx trading open forex account pip forex practice forex trading top forex brokers top forex traders trade currency trade currency online trade forex trade forex online trade fx trade online trader forex trading currency trading foreign currency trading forex for a living trading in forex trading in forex market trading online trading online forex trading strategies forex uk forex brokers us forex brokers what is fx trading

Comments

1. Good session, high five!!
2. Another excellent session.
   My take away from this session was giving serious consideration as "canary in the coal mine" indicators to correlations of:  The DAX to EURO, NIKKEI to the Yen, and FTSE to GBP.   Kinda obvious looking back; but not currently practiced in my trading.
   
   Also, the new "mantra":   "If you're not waiting, you probably don't have a trade plan".  My favorite practical (and documented) example of this is Wayne calling the uptrend on GBP/USD about 5 weeks prior to the April IMF meeting.  SNAP!!!  The trade plan was in place for GBP; all we had to do was "WAIT" for the IMF blessing of the pound. 
   
   "It don't get no better"  (excuse the vernacular)
3. i second that - "if i am NOT waiting then i don't have a PLAN" - an eye opener.
   everything goes back to its roots - simplicity and just trade what you see.
4. 10x Wayne. I've been attending the sessions for about a month, and I already have so much progress!
5. Thank you Wayne. I'm learning more everyday thanks to you. Tim B
6. Thanks a lot for the insights at all level specially learn to  be patient and understand fundamentals
7. Hurry up and wait!
   Wayne's opinion doesn't matter - H1 divergence and H4 stochs o/s means ....?!
   If you are not waiting you probably don't have a plan.
   Thanks Wayne
8. Building position's is the safest way IMO.
   Can you talk about that more?
9. Thank you, Wayne! I've read FOMC minutes. They want to start normalization, but doubt that can do it in June. I see also that they may leave spread at current level when increase target range. Does it mean ranging markets?
10. Wayne, you taught me a very important/valuable idea today - " If i am NOT waiting then i don't have a PLAN " - so true.  This explains 95% of my loosing trades.
    You have to tell me the  brands of these Cuban cigars Wayne O:)
11. Recorded Live  2015 5 20 : https://po.tradersway.com/webinar?ib=1049995