January 2009

Forex Coaching Testimonial by Paul T.

Posted by on Friday, January 9th, 2009 at 11:52 pm

Paul T. graduated from the forex coaching program run by professional trader, Abel Gilbert, on December 5th, 2008. He recently sent us this video testimonial about the one-on-one coaching program based on Abel’s FX Fusion strategy.

Paul’s day trading log during the coaching was added to the end of the video.

Day Trading Testimonial from Paul T.

If the testimonail video looks too small, click on the image and you’ll see it a bit larger on YouTube.

Paul, I’m glad you found the one-on-one forex coaching program so helpful and I wish you the utmost success in your forex trading career!

Forex Day Trading Video - 01/08/09

Posted by on Friday, January 9th, 2009 at 3:01 pm

Here’s an FX video of two back-to-back trades on cable (GBP/USD). This was a great trade because, by remaining disciplined, I was able to capture two straight profitable longs on the Pound-Dollar. The chart below is on the 15-minute timeframe. The entries are marked with a small, blue arrow pointing to the right.

A forex day trader always want to be ready for a potential situation where he may have to re-enter the market quickly. In the first trade, the buy entry was 1.5038 at different FX Fusion levels of support and I took my profits at the next level of resistance (1.5074).

When I noticed that the price had came back down to the support area where I had entered originally, I decided to go long again; so the second buy was at at 1.5038 and the exit was also 36 pips higher.

01/08/09 Two Back-to-Back GBP/USD Longs

If the forex video looks too small, click on the image and you’ll see it a bit larger on YouTube.

Forex Day Trading Video - 01/06/09

Posted by on Thursday, January 8th, 2009 at 4:24 pm

This forex video shows a trade I took during the early hours of the European session using the one-hour chart. I went long GBP/USD and got out using multiple exits.

I personally love finding trading opportunities on the one-hour chart because it gives me a good probability to make larger profits. On this specific trade, I was looking at current key levels as well as levels from the previous day. I did not need to wait for trend confirmation on this trade because I was sure that the price activity that occurred during the early hours of the Euro session was going to give my trade a good chance of achieving its goal.

01/06/09 Long GBP/USD Trade with Multiple Exits

If the trading video looks too small, click on the image and you’ll see it a bit larger on YouTube.

Forex Day Trading Video - 01/05/09

Posted by on Tuesday, January 6th, 2009 at 11:12 pm

This trade on cable happened during the US session. At the same time that I was executing the order for this trade, one of the members of our LIVE Day Trading room session announced it. Great job! Although the price did go against me about 13 pips before going in my favor, overall this was a good trade. The key levels were right where I wanted them and the take profit was met nicely.

1/5/09 Short GBP/USD Trade

If the trading video looks too small, click on the image and you’ll see it a bit larger on YouTube.