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Saturday, January 15, 2011

Forex Sailing Video #4 – Online Forex Trading Course

This Forex Sailing video lesson contains a recent example of an 800+ pip movement in the EUR/USD that only took 6 days to sail!
What’s funny is that this trade just completed. I wasn’t looking for a “perfect example,” yet the most recent one was truly a “perfect example” of a successful Forex Sailing trading opportunity.
Even if you got into this one late, it would have been good for at least 650 pips!
Amazing!!!
If you’re finding this post by iteself, here is a quick list of previous Forex Sailing videos:

Related Forex Sailing (Part 4) Posts:

1. Download the Fibonacci Calculator – not only will this tool crank the forex numbers for you & give you fibonacci wave targets, it’ll also teach you Forex Sailing visually by creating a custom picture of the trade based on what you know & it’ll tell you what you don’t know yet… It uses the same image as in the fibonacci wave zones for online forex trading post.
2. Online Forex Trading Example – Forex Sailing GBP/CHF – This post gives you another example of a successful Forex Sail. This example is provided to show you how Forex Sailing works when it works as intended. In the Forex Sailing series, there will also be other video examples of finding Forex Sailing opportunities.
3. Forex Money Management for Forex Sailing (extra credit) – This post shows you how to use proper money management when Forex Sailing. There will also be a video soon that explains this for you.

Forex Sailing Video #4

Video #4 is broken into 2 parts since youtube limits videos to 10 minutes each. I wanted this lesson to fully explain what we’re looking at for a Forex Sailing opportunity. I explain how the theory applies to the price charts. I also explain some of the things that may go through your mind when you’re thinking about making a trade.

Forex Sailing Video #4a – Watch this part first


Forex Sailing Video #4b - Watch part a first


Can You Find this Trade?

I want to challenge you to find this trade. In the video I mention that it started on May 9th on the 4-hour charts for the EUR/USD. The trade lasted until the 15th. Can you open your charts and find this trade? Do you get different numbers (it’s ok, everyone’s numbers will be different)? If you really want to learn online forex trading, then try to see this trade on the charts for yourself!
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