Learn to trade the EUR / USD in a live trading room with the www.fx500club.com

Another trade that went to plan, all thanks to what I have learned at the www.fx500club.com

This trade setup was taken from the 60 minute chart, I could see that we had hit support and needed a retracement so I dropped down to the 15 minute chart and implemented everything I have learned in the fx500 club. 

eurusd-040309-res

eurusd-040309

eurusdf-030309

eurusd-030309-60

The price dropped below the daily pivot and was below all the moving averages, all I had to do was to wait for all the other indicators to align themselves correctly, the candles to change from green to red and then take the short. A wonderful trade.

eu270209