FOREX trading example with Vic Noble - April 8, 2011

Forex Chart Reading And Trading What You See

The trade example for this week is on chart reading, and more specifically how and where to identify key levels and then actually structure trades around them using bankable patterns to trade with the trend.

You should also know that there are times when it can be very worth while to trade against the overall major trend on an intra day basis. Knowing HOW and WHEN to do this is obviously critical, and I cover that in todays video.

Also included today is an example of a chart pattern for trading with the trend, as well as a pattern for a reversal trade, both excellent opportunities for day traders.

NOTE: Were at a very interesting level right now on the EUR/USD, as youll see in this weeks report.

FOREX VIDEO - EUROPEAN OUTLOOK APRIL 7TH 2011

Hey everybody, for this early outlook video I concentrate on the Pound USD. I take a step back today and look at some longer term charts; I hope you enjoy the analysis and good luck today! David Pegler