Learn to trade the EUR/GBP profitably with the www.FX500Club.com

Dan Armitage and the team at www.fx500club.com and the www.fxmonkeyschool.com have been concentrating on teaching us how to trade the hourly charts using the daily and 4 hourly to determin the direction of the trend. This is great for me because it really helps me understand how to trade the shorter pullbacks and retracements on the 5 and 15 minute charts.

This euro pound trade looked ready to fall, stocastics above 80, resistance at 9400, the cci21 falling to below zero. Beautiful trade. Thanks dan, zak and james, your forex tuition is priceless.

I Learned how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

A breakout of support on the 15 minute chart was worth a try this morning in the light of all the pound weakness across all the other currency pairs. Once the setup was looking promising on the 15 minute chart I dropped down to the 5 minute chart to get a tighter entry, the diagram below tells the full story.

I Learned how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

Another setup I spotted back in mid February but never had the balls to trade. All the weak euro chat put me off, another important lesson there, trade the charts and technicals, not the fundamentals (news / funny mentals) or what you hear.

So many technicals telling us this was a long opp, the bull flag, look at that flagpole , an ascending trendline, a symetrical triangle, the stocastics crossing up over the 20, what more did i need? Look at how those round numbers act as support and resistance also, all tools for our trading tool box.

Oh well there will always be another trade tomorrow.
I Learned how to trade these setups and indicators across all time frames with the help of the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.

The euro / british pound price had broken above all the moving averages and was retracing back to test the support, all the cci’s were rising and the stocastics crossed as well, targets previous old highs, old levels of resistance.

I Learned how to trade these eur/gbp setups with these indicators across all time frames with the help of the professional trading team at the www.fx500club.com. They have a live chat room and share their charts so that you can watch them find potential trades in real time.

They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.

The fx500club.com traders Teach you to trade forex usisng tried and tested methods of chart patterns, trendlines, fibonaccis, japanese candles, moving averages, cci indicators, stocastics and classic support and resistance.