FOREX trading example with Vic Noble - April 22, 2011

Trend vs Counter-Trend? Which One is Best?

Weve all heard the expression, "the trend is your friend". And its true, trend trading is very powerful, and obviously a good approach to trading. (For day traders, thats what the "vic" trade is that I teach).

So does that mean that counter-trend trading is no good? Absolutely not! There are some extremely good counter-trend trading techniques that are quite simple to learn, and that can generate very nice profits consistently. The main strategies I teach for these trades are divergence and of course the London Close strategy.

Some people prefer one over the other, which is fine, but they definitely both have merit, and todays video will show an example of each type of trade:

Forex trading example with Vic Noble - April 15, 2011

Candles and Patterns and Snakes and Ladders!


Do you sometimes find yourself just staring at a chart and not really knowing what youre looking at or how or where to make a trade? This weeks video is about putting very simple things together so you can make intelligent trading decisions, and Ill show you an example of doing just that.

You want to do some basic fundamental analysis, with an awareness of the trading environment, recognize a few chart patterns, together with appropriate candle action, and then apply the actual trading methodology that you like. It then boils down to consistency in 3 main areas: Risk/trade management, trading approach, and trade execution. And what you dont want to do is land on the head of a snake! Youll see what I mean by that in this weeks video:

Sample Forex London Close Forex Trade - 30 Pip Scalp

A Forex London Close Scalping Trade Example from March 11, 2011. Shirley Hudson explains how she took 30 pips from the Forex Market in a couple of hours. For more information on the London Close Forex Trade Strategy, please visit: http://www.forexmentor.com/londonclose