Stock Trading and Other Things

Forex Trading System by A traders Universe. 40 pips on the USD...

Summary: Forex Trading System by A traders Universe. 40 pips on the USD/CHF pair. 2 min 33 sec - Jan 24, 2007 USDCHF part 1. Phase 1 trigger with both stochastics overbought and the top stochastics showing divergence. We also have a phase 2 confirmation with price testing a longer term resistance and a fibonacci retracement level. Next down on the hourly, we have a snug support trend line drawn in which is then transposed on to the 15 minute. A plan is then set and we wait for price to do what we want it to do. For more details on the 2S4H Forex Trading System, visit the Stock Market Fisherman at www.atradersuniverse.comUSD/CHF part 1. Phase 1 trigger with both stochastics overbought and the top stochastics showing divergence. We also have a phase 2 confirmation with price testing a longer term resistance and a fibonacci retracement level. Next down on the hourly, we have a snug support trend line drawn in which is then transposed on to the 15 minute. A plan is then set and we wait for price to do what we want it to do. For more details on the 2S4H Forex Trading System, visit the Stock Market Fisherman at www.atradersuniverse.com

Video Duration : 153 seconds