Webring - Forex
In the video below I show how I trade support and resistance on the GBP/USD pair. This is a trade that I take every day which is very low risk and easy to execute with no emotion. I’m adding it here to my trading blog as an example of how easy it is to find these trades. If you go through several charts of the currency pairs you will see that these trades occur almost every day and that the pivot points act really well.
I use MT4 for charting and the indicator I use for the Pivot points is Pivots daily-V3.1agtv5.2realease for the daily pivot points and ###Auto Pivot for the weekly and monthly pivots.
For some good overview of using indicators in MT4 check Metatrader indicator user tutorial
If you’d like more information leave a comment below and I will endeavour to answer all questions. I have 4 free seats in our trading room every day, so if you’d like to check it out, leave a comment with your email address.
[youtube]1g7SxuQTRF8[/youtube]
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Hi, good post. I have been pondering this topic,so thanks for posting. I’ll definitely be coming back to your blog.
Thanks for the positive comment, I will endeavour to post my trades a few times a week. Cheers, Mark
Hi there,
Ugh, I liked! So clear and positively.
Thank you
Hi, cool post. I have been wondering about this issue,so thanks for writing. I will probably be coming back to your site. Keep up the good posts
Hi, glad you like it, more to come whenever I can get away from the charts