Occasionally I upload live videos of some of my trades. Live trading videos can provide great insights into how some professional traders trade the Forex market; why a trade is entered, why a trade is closed, how much is risked, what fundamental and technical analysis is taken into consideration and other principles can be learnt through watching live Forex trading videos. They also provide some support to the broadcasters ability to trade Forex and other financial markets.
In this post, I will show some of my favourite live trading videos that I have uploaded to my Price Action YouTube Channel, lovethepips. I use price action to analyse each trade and have a strict trading plan that helps me know when to open and when to close my positions. Below are my videos, each with a short description.
GBPCAD - Head & Shoulders Pattern
I usually only trade head & shoulder patterns on daily charts, I find that they are a lot more reliable and I prefer the straightforward price action. I do trade other Forex price reversal patterns on smaller time frames, these are usually my Triple Top & Triple Bottom Formations, which are covered in my Advanced Price Action Course.
This live trade used pure price action to open and close the position, more specifically, a head & shoulder pattern, horizontal resistance turned support and a couple of simple price action setups.
GBPAUD - Trading off Resistance
This live trade used horizontal resistance and a simple price action setup to take a short position. Just like all my trades, I have strong risk reward ratios and try to earn the most out of each trade.
EURCAD - Downwards Channel
This Forex trade is one of my favourites as it demonstrates how simple trading can be. I simply identified a clear trend channel, waited for a price action setup and closed the other side of the channel.
If these videos have been beneficial to your Forex trading, please subscribe to my Forex Trading YouTube Channel and consider me as your forex mentor. I also offer an exclusive trading course and Forex trading signals.