Hey traders, Shane here with another recap video showing you another example of supply and demand trading. If you thought last week’s video was good, check this one out.
Once I received an alert that my trade had triggered, I thought it would be good to record the trade and talk through it while it happens. This video covers a EURUSD short trade using just price zones. Not just any zone, by high probability areas, taking into account higher timeframes, where I expect a retrace. This trades are usually low risk and high reward trades and if you understand position sizing, you know what that means. As this trade makes the journey to my profit target, listen in as I detail my reasons for doing everything I did. From scale outs to profit targets, there was a reason, not an emotion, that caused me to take action. Enjoy!
- Shane Daly: Forex Expert Extraordinaire from the Great White North
