Live Forex Trade Video +50 Pips on EUR/USD

Hey Guys,

This live trade video is a little different. Originally I planned to go short on EUR/USD and was waiting for a break of the 1.3000 level. However, the Bulls decided to take control of the market so I ended up entering a reversal. The trade lasted for over 12 hours, I opened it at 3:00 and closed at around 17:00 on my phone. As the trade was closed via my phone I did not record the end of the trade. I did add a part to the end explaining how the trade worked out.

Check out the video below.

This trade was opened at roughly 3:00 on Monday 09/APR/2012
[vid link=”″ width=”700px” height=”394px”]

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11 Responses to “Live Forex Trade Video +50 Pips on EUR/USD”

  1. Thank you Nick. I enjoyed the Video.Loved the explanation. The reasoning why you narrowed to a 1hr chat was awesome. Thank you for sharing and not being selfish. I can comfortably say that I have become a better price action trader due to your materials.  I had +pips today too. Using your methods of course. Cheers!

  2. I was in a short under 1.3160 and ended up closing my position after that shift was made this morning as a result of poor US news.  I took a long off of the 3155 area and got out just shy of 3200 which made up for my loss and got me to break even on the two trades.  I was holding for that 1.3000, but just wasn’t meant to be.  Good trade though.

  3. I’m still finding it difficult to recognise where to enter but acknowledge that I must be at my computer more during the northern day. I am GMT+11. I admire your courage and if I had been in that trade I would have pulled out far earlier than you did. Thanks for your excellent explanation of your price action.

  4. Very educative video – it compliments your course perfectly. I’ve recently read the modules on using support and resistance to analyse whether to stay in ro get out of a position.  Your reason for staying in here when the trade dipped down to the entry point is a great example of using the support line to take emotion out of a decision.