Mid-day Forex price action Analysis - 2016-11-02 (Potential Setups on USDJPY)



In today's analysis I spot a potential USD/JPY long trade. I am waiting for the 6hr candle to close before deciding on an entry, target, and stop. However, right now it looks like sellers are regaining control, so the candle may not close as a tradeable setup. *CLICK BELOW TO SEE MORE* ---------------------------------------------------------------------------------------------------------------- In the analysis I also review yesterday's successful AUD/JPY short trade. And I take a look at the still running EUR/USD trade from last week. 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 what is a good percentage return on your account in 1 year ?
  2. Hey Nick about the EURUSD trade. It did quite significantly bounce off of the 1.1 resistance area, that's especially apparent on lower time frames, but as I understood you said it was a good decision to hold it, so at what point would you consider exiting when you see the price bouncing?
  3. I would love to know the name of the program that you use that gives you the blocks (red and green) for stop losses and take profit areas..support and resistance also. Thanks...love your videos!


Additional Information:

Visibility: 1311

Duration: 28m 10s

Rating: 34