More at exacttrading.com. Welcome to my world which is Forex trading, I have been active in the markets for over thirty four years, even more if you take into account making an illegal book on rugby games whilst at school, hey come on we were only kids and that introduction to money management stood me in good stead for the future. In this short video I introduce you to a very simple Forex system using the GBP/USD otherwise known as the British Pound or Cable against the US Dollar. The overriding point about successful trading systems is their simplicity their ease of use and their reliability. Generally simple equals reliable, most retail traders do not understand this, they litter their charts with the most amazing array of indicators which are simply too complex to understand even for the person who created the chart. Trading brings out the worst in people’s ego, nobody needs or can be right 100% of the time, to be profitable it isn’t necessary to be either, profitability comes from finding a method which puts price in your favour, so it has to be a momentum based method and then executing it. In this method I show you how you can get some great Forex price action trading under your belt by using just price and previous long term reversal points. Please come over to my site at exacttrading.com or drop me a mail at paul@exacttrading.com I will always answer any emails I receive and please let me know what you think of this method. Even better if you trade it and make some money then post and let me know.
Visibility: 5742
Duration: 17m 41s
Rating: 49