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Free Forex Trading Strategies Daily from Asia Forex Mentor
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Free Forex Trading Strategies Daily from Asia Forex Mentor
This is our previous post evaluation on the forex pair: Gbp Aud
Price has today broken the 365 moving average in the 4hr time frame and formed a price action pin bar (highlighted blue box) as seen in the chart below. With such scenario, good chance that price will continue its move up.

Just wanted to point our how we entered and exited on this trade.

We entered on the orange line (marked as entry). Our reason for entry was the forex price action pin bar off the 365 moving average and in confluence with the up trend as mentioned on the previous post.
Therefore we placed our stoploss below the pin bar marked as the red line. The stoploss is around 60 pips.
If you had taken the trade, we would have taken either full or partial profit right at the blue line 1.606.
The reason for taking profit at that area was that it was a previous support/resistance area.
Therefore our take profit target was triggered with a gain of 180 pips.
Hope the above quick example explains we trade price action with confluence, coupled with a good risk reward ratio of 1:3.
In our forex trading price action course, we teach the full forex system and strategies that allows traders to be consistently successful and profitable in forex trading. See you on the other side.
Asia Forex Mentor,
Ezekiel Chew
Get free daily strategies at asia forex mentor : www.asiaforexmentor.com
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Free Forex Trading Strategies Daily from Asia Forex Mentor
Another Forex Lesson from an extract of our Forex Private Group discussion
Forex Trading Pair: Gbp Aud
The Gbp Aud was mentioned days before of meeting the price pivot (white line) of 1.583. Price stopped right at the area to form a price action pin bar as it got rejected by the strong price pivot.
However, if we took the price action pin bar – we would have either took a partial profit or got out breakeven. As mentioned that the gbp is still strong and the flooding at Aud is not getting any better.
With this, we will expect price to head further up until the flooding eases. Price is now stalling at the 365 moving average area and if it breaks up. Price will continue it bullish route.

In the daily chart, there are only bullish price action bars all the way without any obvious bearish bar. Therefore we will not go against the bullish strength of this pair.

This is our yesterday’s evaluation of forex trading pair: Gbp Aud
Price has today broken the 365 moving average in the 4hr time frame and formed a price action pin bar (highlighted blue box) as seen in the chart below. With such scenario, good chance that price will continue its move up.

Asia Forex Mentor,
Ezekiel Chew
Get free daily strategies at asia forex mentor : www.asiaforexmentor.com
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Free Forex Trading Strategies Daily from Asia Forex Mentor
Read more: http://forexforums.com/forums/showth...#ixzz1BXdinFyS
In Depth Video Analysis of the Eur Usd

This forex video will show:
- How to analyse a forex chart in-depth
- How to detect a failing price action pin bar
- How to define a price pivot area
- Forex trading strategies to place an entry order
- Analysis of the Eur Usd forex trading pair
http://www.youtube.com/watch?v=pTKtO...layer_embedded
Asia Forex Mentor,
Ezekiel Chew
Get free daily strategies at asia forex mentor : www.asiaforexmentor.com
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Free Forex Trading Strategies Daily from Asia Forex Mentor
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