Forex Blog FX » Counter Trend

NR Breakout + Counter Trend Sell

LeverageFX — Tue, 23 Feb 2010 22:26:59 +0000

This is a great example of our NR breakout system finding a 50 pip up move and our bread and butter counter trend system selling the high once upwards momentum fails at 4am EST. Price then continues down 110 pips.

Counter Trend Drop Off

LeverageFX — Tue, 23 Feb 2010 22:24:27 +0000

This is one of our bread and butter trades taught in our Forex classes and first post here on blog. When longer term trend is down we sell at upper containment band and in this case our FX Trend Bias went down quickly and preceded the price drop.

USDCHF NR7 IB breakout + Trading Sell Zone

LeverageFX — Fri, 12 Feb 2010 22:24:02 +0000

In this example the weekly and monthly trend is up, price is above hourly MA and when price broke out of the NR7 inside bar pattern it exploded up about 100 pips. Look to exit trend trades at our Trading Sell Zone.

USDCAD NR7 breakout + Trading Sell Zone

LeverageFX — Fri, 12 Feb 2010 22:22:45 +0000

GBPUSD NR7 breakout + Trading Sell Zone

LeverageFX — Fri, 12 Feb 2010 22:21:38 +0000

Great example of both our NR breakout going right to predicted high which was a great place to exit trade and flip short.

GBPJPY NR7 Breakout + Trading Zone

LeverageFX — Fri, 12 Feb 2010 22:17:29 +0000

Great example of NR7 breakout over yesterdays high plus weekly trend up, price went right to our predicted high trading zone sell area.

EURUSD NR7 Breakout

LeverageFX — Thu, 11 Feb 2010 22:09:13 +0000

NR7 Breakout and when price broke hourly MA continued right to our Trading Zone buy area.

GBPJPY Stat Tools Counter Trend Signals

LeverageFX — Tue, 09 Feb 2010 22:07:30 +0000

With the weekly and monthly trend down, great shorts at upper containment bands when stat tool sell signals appear.

Stat Tools Reversal Signals

LeverageFX — Tue, 09 Feb 2010 22:04:03 +0000

Our stat tools indicator does a great job of highlighting likely trend reversals.

Trading Buy Zone Predicted Low

LeverageFX — Wed, 03 Feb 2010 20:57:15 +0000

Our Buy Trading Zone worked perfectly and the market rallied up to our likely high plus some. These are likely reversal areas and we teach specifics on how to trade them in our classes.