Get Stealth EA here: http://www.ea-coder.com/stealth-ea/ Want to get these types of videos immediately as they are released? Follow me on Twitter: http://twitter.com/ForexApps More videos: http://www.youtube.com/user/eacoderforexsoftware My Forex Blog: http://www.ea-coder.com ****** In this video I wanted to explain to you how to use range bouncing strategies to trade forex. You can do this manually or with the help of a special tool called the Stealth EA. I will demonstrate you how I use this tool to trade range bound markets, what price levels I use, the benefits of hidden pending orders and why using semi-automated trading tools can give you more sleep or free time. There are lots of different ways to trade range bound markets using tools like support and resistance levels, as well as other lines you can draw on your chart. The idea here is to sell at the top of a range and buy at the bottom of a range with the hope that the price will stay within the range. This is often what happens before a really strong trend is formed. Forex Sell at the top and Buy at the bottom I have spoken with a number of serious traders who have been using these strategies successfully for years. I thought it would be a good idea to help you be able to trade these strategies by making things easier. I built a tool that will allow you to not have to sit in front of your charts all day long. It will help you take the opportunities that might be coming in the days ahead. You do this by placing special support and resistance lines on your charts of which the software will interpret as buy or sell orders depending on the conditions and your specific inputs.
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Duration: 18m 28s
Rating: 13