Forex Trading | GBP/USD & NZD/USD – Meticulous Shorting Near the Top

New: Join our 3-hour live workshop with Spencer to learn the basics of trading and make your first live trade!

Wow, another exciting day of shorting and raking in profits. As I explained to some new traders today, there are 2 kinds of positions – the intraday trades and the overnight positions. Both require a different mentality and strategy to trade.

Most people get confused by trying to both at the same time, often with dismal results.

Most people who started off trading stocks (many of our students also trade SGX stocks, and so do I) initially tried to use traditional methods like indicators, which you might get away with for long-term stock trades, but for intraday trading, speed and precision is more refined.

After using such precise techniques, you will find the timing of your stock trades dramatically enhanced as well.

As you can see from the charts below, these timely shorts can easily be spotted on blank charts, and executed quickly without the confusion of numerous conflicting indicators and signals.

2013 07 31 16.56.35

2013 07 30 17.01.35

Forum Screenshot 020813 2

2013 07 31 20.27.25

Forum Screenshot 020813 1

2013 07 31 20.28.13

2013 07 30 16.10.481

2013 07 30 16.09.41



Banner 01 Trading Foundation Workshop New to Trading? Make your first live trade today in this workshop! Meet Spencer live for 3 hours of hands-on training! No prior experience required! Learn all the basics of trading, and step-by-step guidance to make your first trade!

Daily Trading Signals Banner Updated If you're looking for the best trading opportunities every day across various markets, and don't want to spend hours doing the research yourself, check out our private Telegram channel!
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *