Overbought/Oversold (OBOS) Strategy

Hello Traders!

This video shows you how I use this indicator to alert me of these trades. It’s a nice system with a 2 to 1 win ratio as the original target. I’m using a 2 screen rule with 4hr and 1hr chart.

 

 

In addition to what you see in the video above, it is also a practice of mine to use price action as an additional filter, shown in the pics below.

 

 

 

 

   Click To get the Buy/Sell Trend Detector

INTRODUCTION TO MY TRADING METHODOLOGY & CHART SETUP (2 VIDEOS)

Hi Trading Warriors!

In these videos I will introduce my current trading style and how I set the charts up using basic indicators found on most platforms. This is hopefully a chance for you to gain professional trading knowledge and increase your success no matter what level you are at as a trader.

 

 

Video #1

 

 

Video #2

 

See the next post for the video on Strategy Technique #1

There are more videos coming up!

 

I always check the Forex Trend and Pattern Scanner to find the most trade-able Markets 

Best wishes

Andrew~

 

HA 30 Trading Tip

Good Day Traders!

I made this video in response to a question I received from one of our members. The main point I’m trying to get across is when trading I will take a few minutes to back test the strategy on the chart that I’m looking at to validate the “trade – ability” in the recent history, looking to see what  the win to loss ratio for the last few trades were.

Things change all the time in the markets but there is a truth to the concept that history repeats itself. If the strategy is working on a certain market I go with that one.

 

 

 

 

 

 

 

 

Join me on Facebook: Add your comments and question! https://www.facebook.com/4xdaytrader/

Good Trading My Friend!

 

 

Andrew always checks his market scanner before trading!

   Forex Trend & Pattern Scanner

 

 

Forex Market Check & Trading Tips

This week the USD/CAD and CAD/JPY  are on my watch list.. Possible short trades on CAD/JPY  if the current up trend continues to deteriorate. USD/CAD may bounce off it’s current top and head down but it is looking a little if-ie.. : )  Seems like it wants to break out toward the up side. Will see what happens.

Check out last week’s assessment here http://learningforextrade.com/?p=578

 

This weeks market assessment video below:

 

 

.

Trade Well!

Andrew~

   Click here to get the trend & pattern tool

.

Forex Market Check & Trading Tips

This week we are doing a quick review of the EUR/CAD and GBP/JPY. EUR/CAD is currently in a bullish channel having made a reversal signal in the price action after a bounce off support I’m looking for buys on shorter time frames. GBP/JPY is a bit of a mixed bag but still looking for possible trades to the down side short term. Will see what happens. Check out the video below for more details.

In my opinion the more you can learn about analyzing and assessing the markets direction the better trader you become. It is 1 of the major keys to successful trading!

Trade Well Friends!

 

 

 

 

 

Sooo..What Happen?

Here’s The Follow Up!

 

 

 

 

 

   Click here to get the trend & pattern tool