It seems like quite a few people liked my last live trade video, so I decided to post up another one for your viewing pleasure.
It’s a 4H Trade on the GBPCHF. A lot of people are scared of exotic pairs like this one but these pairs are quite trending during late august when the typical USD pairs are not moving too quickly.

The name of the trade is confluence. There were three major confluence factors which gave me my bearish bias.
1. Round Number 1.6000
2. Prior zone of S/R
3. Trend line resistance

Hope this video was useful! Best of luck in your trading = )

Remember to rate, comment and subscribe!

Good Trading,
Acefx

Check out my last live trade video: http://www.youtube.com/watch?v=rGSYf6nsPCA

Duration : 0:7:43

Technorati Tags: 375, Ace284, aceforex, blog, breakeven, confluence, exchange, finance, forex, GBPCHF, Management, method, money, pips, resistance, risk, short, stoploss, support, target, trading

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To be a successful trader online, you have to follow simple but unspoken how to’s in the trading world – these are the stuff that all professional traders do habitually.

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