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Sunday, January 16, 2011

56 Pips in 5 Hours with “Psychic” Exit!

I closed a short trade on the EUR/CHF today for a 56 pip profit. In the video below, you’ll see how I used almost “psychic” powers to exit the trade…I say that jokingly, but you may wonder after you see this video ;)
Recently, I’ve been describing the EMA & MACD technique for exiting a trade early. Well, I used the same forex trend prediction magic to exit this trade profitably as well.
Here’s the details:
I sold the EUR/CHF @ 1.3503. Five hours later, I exited the trade at 1.3447 for a 56 pip profit!

Real Money Forex Trade

This was a real money forex trade. I shared everything that was happening with the LIVE Forex Training class, as I do all my personal forex trades.
Watch the video below to see how close to the end of the trend this one came:
THAT was a close call! I could have lost nearly 2/3 of my profits on that trade had I not spotted that ;)

Forex Pivot Points

In the video above I mentioned using forex pivot points. This is a very popular & effective form of forex trading. I teach pivot points in the LIVE Forex Training.
Normally you’d pay $500 just to learn pivot points, let alone be able to ask ANY question you like and follow live forex market trades with real money. Fortunately for you, this is just one component of the LIVE Forex Training available at rapidforex.com.
I’ll continue sharing more tips for profitable online forex trading with you in upcoming rapid forex blog posts.
Happy Trading,
Brian Campbell
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