WHAT I’M LOOKING AT
Price action has just broken a and has retraced back to structure for the second time. The current structure shelf allows you a nice area to get involved with minimum risk, while our previous structure highs look to be a good area to do some profit taking. The only question is “how do I get involved?” Well that parts up to you and your trading plan. An aggressive trade can simply buy it up at market, while a more conservative trader may need to go down to a lower timeframe and wait for confirmation at that level. Either way I think it’s a great example of the type of trades that I look for when searching for TCT type setups. Just do me a favor, make sure you follow your rules, because you saw what happened to me when I didn't ( https://www.youtube.com/watch?v=elDeCm-mpro )
Chief Currency Analyst at Trade Empowered
Click here for 20+ hours of FREE Training
Click the link below to subscribe for more FOREX TRADING videos
"There are typically two things that hold a trader back from seeing success. Lack of a solid trading plan & the inability to follow that plan. In this week’s Forex Trading video we not only discuss these topics, but we also walk through a live trading opportunity and go over a trading technique that can help cut down on your losses." https://www.youtube.com/watch?v=3S1wenENILI
500+ Free Trading Videos
Check Out The Trading Coach Podcast!