Forex Sailing Video #6 – Online Forex Trading Course

400 Pips on Autopilot

It took less than 10 minutes to find the Forex Sailing opportunity below. This trade is a recent example of an online forex trading opportunity made possible with the Forex Sailing method.

Here are the details of this Forex Sail:

• currency pair: AUD/USD
• timeframe: 4-hour charts
• Direction: Short
• I: 0.9254
• II: 0.8854
• III: 0.9077
• Fibonacci Calculated Target: 0.8677
• Fibonacci Calculated Entry: 0.9077
• Fibonacci Calculated STOP: 0.9254
• Fibonacci Calculated Risk: 177 pips
• Fibonacci Calculated Reward: 400 pips
• Entry Period: May 9th-10th
• Target Reached: May 18th-19th

*Terms with “Fibonacci Calculated” refer to the calculations made by the free Forex Sailing fibonacci calculator.

Related Forex Sailing (Part 6) Posts:

1. Forex Sailing Video #4 – EUR/USD Example -this video shows you another Forex Sailing trading opportunity where the EUR/USD recently moved 1,107 pips from III to IV on the fibonacci wave zone model used for Forex Sailing!
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. 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.

Forex Sailing Video #6a – Watch this part first

Forex Sailing Video #6b – Watch part a first

Is There a Third Wave?

At the end of video 6b above, notice how there is a third wave from V to VI AFTER the example of this trade on the 4-hour charts.
In the video I didn’t tell you if the third wave was an actual third wave. Open up you forex price charts and see if the third wave retraced 38.2% to the 61.8% level. Leave your comments here as a reply to this post and let me know what you think…

Continuing Your Education

Congratulations! You’ve now completed the Forex Sailing course. It’s a fantastic basic online forex trading method. I’ve still got more to teach you on this website, so be sure to check your emails. If you’re serious about succeeding with forex trading, check out LIVE Forex Training where I work with you personally to ensure you know how to trade like a pro.

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