forex coaching - trade to win
DESCRIPTION
Master currency trading without the stress, learn how to trade forex succesfully. Watch me entering a trade, follow my thought process, observe me limiting my risk and employing money management strategy to be on my side. Anyone can become a profitable forex trader, it is not a bit difficult.TRANSCRIPT
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Trade To Win.
Brought to you by:www.ecurrencytradinginfo.com
Affordable Forex Coaching.
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-USD CAD-
What made us enter long.
![Page 3: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/3.jpg)
We have been observing the USD CAD for a couple of months now, expecting it to change trend
and start going up.
![Page 4: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/4.jpg)
This is what we saw on Feb 6, 2011 – A daily chart
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This is the same view on a 6 Hours chart
![Page 6: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/6.jpg)
We checked the USD CAD on every webinar to see its advances and to
check whether our trend line is broken or not...
![Page 7: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/7.jpg)
We also observe certain patterns. We specifically search for patterns associated with ‘Harmonic trading’.
‘Harmonic trading’ has to do with the proportions of the prior waves
to one another and the patterns that they leave behind.
![Page 8: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/8.jpg)
When these recognizable patterns are observed, the likelihood of a
change in trend increases .
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This approach works best when it occurs on several time frames all pointing in the same direction, all
at the same time.
![Page 10: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/10.jpg)
Luckily, we have an indicator that helps us
find these areas of higher probabilities...
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This is a weekly chart on Mar 15th :
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This is the same point in time on a 4 Hours chart:
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Two different time frames (cycles), both showing us a high probability
area for the market to change direction.
![Page 14: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/14.jpg)
This is a 4 Hours chart on March 16th:
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The trend line is finally being broken impulsively.
![Page 16: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/16.jpg)
Do we have an entry?
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No,not yet.
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We need to wait for the impulsive wave up and the corrective wave
down that follows to be over.
Only after the end of the correction we will have an entry.
Patience.
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This is a 4 hours chart on Mar 20th:
![Page 20: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/20.jpg)
This is our analysis (a 2 hours chart):
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2 days later...
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Remember?That’s what we waited for...
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An impulsive wave up breaking our trend line followed by a corrective
wave down.
![Page 24: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/24.jpg)
March 22nd. We are looking for an entry. We go to the 15 min chart.
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We will wait just a bit longer for the correction to be over.
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About 1 hour later, a 15 min chart:
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We make a long entry on March 22nd. We place our stop loss at
0.96600, about 120 pips of risk.
We limit our risk to 3% of our account’s balance.
![Page 28: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/28.jpg)
March 23rd ,a 15 min chart:
![Page 29: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/29.jpg)
Two days later,After the close of the market.
![Page 30: Forex coaching - Trade to win](https://reader037.vdocuments.site/reader037/viewer/2022110309/5585179bd8b42aff298b4ff5/html5/thumbnails/30.jpg)
March 25th the close of the market, a 30 min chart:
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March 25th, a 2 hours chart:
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Here is the ‘big’ picture.March 25th, a daily chart: