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: