Forex Trading Signal Review- Profits Taken on 5-12-2016
Hello Traders,
If you look at the previous videos I have made over the last week, it has involved in one way or another the price of OIL. Many Forex traders are not taught to look at key commodity levels when trading Forex. We emphasize teaching not only technical analysis but how the overall markets work with regards to commodity prices and risk on/ risk off environments. For example price of Oil drops, but the stock market does not, what is a good Forex pair to trade? Price of Oil drops and SPX500 drops, what is a good Forex pair to trade? All these questions are answered in our members section and out live Forex trading room.
Here is our Forex Trading Signal Review for today
I have taken profits a little bit early on our Forex trades
EURNOK and USDCAD, we gained lots of pips on these trades! Depending on your entries and exits you should have 150-175 pips on your USDCAD and lots more on your EURNOK.
Since OIL reached its key level and began selling I quickly got out of our trades before the retracement.
Here is a short video
Profits taken on our EURNOK Trade
- Posted by fx_Trader
- On May 12, 2016
- 0 Comments
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