Live forex trading – another profitable trade with Forex Tflow students
Posted on | June 19, 2009 | No Comments
Live trading requires lots of REAL skills – that’s why some don’t dare to do it.
During the Forex Hands on class for intake 6, we did it again.
Not only we teach students how to determine where to put stops, profit target, how to determine a successful versus a failing trade, we also teach them on psychology and trading rules.
And most important, we trigger the trade live for them to understand under each situation, how to actually win on a profitable trade.
Last night, we went long on EURUSD – and in just 1.5 hours, our profit target hit with win of around 58 to 78 pips!!! Not bad for a night trade
On the spot, we teach them how to shift their stops accordingly to contain their risk levels and also how to determine profit level. Most important, all these can only be done via live trading – static data – no such things – how to learn with static data. That’s why when I design forex tflow course, we included 3 sessions of live practical hands on trading.
And hey, after we took profit, EURUSD plunge. Did we expected it? Of course, we were waiting to go short on the higher timeframe. This trade was announced to the googlegroup two days ago. To expect EURUSD to move up first and then short at around 1.4000 level. Spot on!
Good luck to your trading!
Binni Ong, Chief Trainer,
TerraSeeds Market Technician
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