Mid-day Forex price action Analysis – 2016-10-26 (No Setups)



In today's analysis I do not find any potential setups. However, I do discuss yesterdays EUR/USD setup, I explain why I skipped the trade, and I do some analysis for those who entered it. *CLICK BELOW TO SEE MORE* ---------------------------------------------------------------------------------------------------------------- LINKS Join my forex Mastermind class: https://www.forex4noobs.com/forex-trading-course/ My website: https://www.forex4noobs.com/ Twitter: https://twitter.com/forex4noobs Facebook: https://www.facebook.com/forex4noobscom-110790142266044/?fref=ts I hope you guys enjoyed the videos and that you find them useful in your trading career, don't forget to leave a like on my videos and subscribe for more content! Check out the Webinar Playlist: https://www.youtube.com/playlist?list=PLEr6TxI3iPbMy4-1Tgz7a7kVTRgag-qPb

Comments

  1. Hey Nick,

    I find it very rare to find indecision setups with a 2:1 RR. Indecision setups are fairly common but often there is another SR area at 1 or 1.5RR. 2 seems very rare while 1.5 seems more common. Does this mean I do not take setups with less than 2 RR? Can I send you some charts with annotations?
  2. Hi Nick, you often mention "the forum". I'm signed up to the site, but is the forum only available to advanced course members only? I'd love to see the trades others are taking, to see their opinions and if they match mine...

    Thanks
  3. hi nick
    why do not Hedge your position ?
    if prices were stalling do i exit my position?
  4. thank you ....good work..................
  5. Also do you ever trail your stop, or move it to break even?
  6. Great video as always. One query, on the daily videos you refer to a risk reward of 1.5 but on the webinars advocate a minimum of 2. Which is your preference? I took this trade (demo) open at 10888 with target of 10975.
  7. Thanks nick for the video, but I was looking forward for you to say more on the AUDUSD, I know it doesn't look good on D1 or H12 but on the 4H it looked promising, i took the trade with 1.2 RR and it worked out just now. Thanks again man for the great analysis
  8. Thank you Nick for this video. I entered eurusd trade yesterday, and luckily I am up 50-55 pips with 0,01 lot. I like your strategy and I watch almost every video you upload on youtube. Unfortunately I cannot join your mastermind class because my financial situation, but who knows, maybe next year if I build my 200eur account :D. This is small offtopic, this guy is also talking about same strategy you are using https://www.youtube.com/watch?v=2Nqj6-hkHp0. Thank you once again!


Additional Information:

Visibility: 1393

Duration: 19m 9s

Rating: 38