Live 5 Minute Timeframe Trade on Forex Pair Aud Usd 10th Jan

www.decisivetrading.info Live trade on the 5 minute timeframe. The Forex pair AudUsd spiked up, breaking out of a short term downtrend. As it did so it spiked into a key resistance level where I took a short trade back down to the previous swing high. This trade was counter trend and one of my confluences was the market reverting back to mean.

Comments

1. i like your videos alot you show how to really trade (reading market) its so frustrating when you trade on low time frames and you get a high probability setup but the risk/reward is really bad.. how do you handle those?
2. James, do you mind telling me where your from? Your accent is actually one of my favourites, James Nesbitt has it and so does Peter Capaldi (the new doctor who) Ive always wondered where the accent came from, Id be really grateful if you told me..thanks!! Hope its not too personal! Best regards Kitty
3. Great video James! Ive had a great week trading this week. Currently trading the USD JPY And loving it. Im exercising my patience and waiting for the trend to appear, and my indicators to line up, then I take a trade of 0.1 and let it run for about 4 to 7 euros before exiting, My goal is to try to get 2 to 3 good trades a day building up my capital slowly. =) Love your videos, you got a fan in me! All the best for this year James.