Chime in and let me know. It only take less than 30 second, but your response if vital to us. If you plan on joining the Live Trading Forex Room your answer will be help us make your experience a GREAT one.
Today I want to answer a question that I get asked all of the time
and that question is:
Q: What do you do when you’re in a Forex Trade and you get a
A: This is a GREAT question and the short answer is: “It depends”.
It depends on the type of reversal signal and where the reversal signal
prints on the chart i.e. which/what type of support and resistance level/zone. If the reversal signal prints on a minor zone, then my back-testing method and my Forex system/style of trading leaves me with the option of doing nothing. Why? Because you often find reversal signals appear on minor zone all the time. It is a part of trading. The Forex Market fluctuates ALL the time. For the most part there really isn’t any need to worry about this.
Now if the reversal signal appears on a major support and resistance level/zone then you only have one viable option, and that is: “Follow YOUR Forex Trading Plan Rules“. If you don’t have a Forex Trading Plan. I would highly suggest that you stop trading live and then develop and/or write one. I teach this in my Forex Trading Courses.
If you want to know what “I” do as a Professional Full-time Forex
Trader look at this short video:
BTW there is an exception to my rule ,and when it happens you need to get out of your trade as quick as you can. If you want to see what this exception is you’ll have to take one of my Forex Trading Courses. to find out. See you on the other side!
This week after achieving 1, 242 pips off of 3 trades
I was hit with a barrage of emails and comments stating
that pips aren’t a good way to judge the success of a
trade (I may agree or disagree, read on to find out
It’s 1 question and it takes less than 30 seconds
to give your opinion. Chime in and let me know.
I will write an official response to this question once
I have received a substantial amount of responses from
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