https://www.youtube.com/watch?v=-TLoOKQb0hg&t=3s
Oh this was a very beautiful trade here on Forex trendy watch the video hello everybody welcome to my channel00:00:11
yeah we are with another day trading with Forex trendy but before starting subscribe to the channel and enable
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notification to stay always update so my idea for today's video is to analyze a few trades on the 5-minute chart and
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I'll show you how to use these amazing online tool to make profits and to avoid mistakes if you don't know this is a
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Forex trend scanner this cancer trends on 34 fix pairs blast three commodities like oil gold and silver and it also
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identifies continuation patterns that for giving trends like flag triangles and wedges the first trader what
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analyzed is the euro and the Canadian dollar five minutes chart we have a flag here and by signal break it 40 496 and
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as you can see here we had breakout here and the first full pack retesting the trend line and then going up to 45 35
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level so I want to show you why the price was eating this very important resistance and now you can find it
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before entering a trade so you will know where the price is gonna reverse so let's jump to drilling you this is the
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flag and this is resistance of course you will not seen when the tray when the trade is in progress at first sight so
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my advice is to look at upper timeframes like their 50 minute time frame and as you can see we have the first indication
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it's very strong resistance because this level was touch at the one two three four five six seven eight
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times so it's very strong indication that probably that the price is gonna reverse if you want to look for a better
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resistance and you wanna check it and make sure you're doing the right thing go up to the 30-minute time frame and as
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you can see the 30-minute time frame is going to say the same thing okay this level was that tested many times so
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this price structure represent very good strong resistance and as you can see things are not done yet because first I
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first sight we had a very good trade 35 pips in into account and then usually this was a nice trade because after the
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price it is very important resistance usually you can open a sell position this is not a financial advice but this
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is the way our trade was eating three times this resistance and then it was a very nice time to open a sell position
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it's still problems but we are in two to three pips profit so as you can see you can use Forex trendy in many ways they
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have been empty for integration so if you are using the metatrader4 you will you can use Forex trendy and I will draw
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patterns and signal price break craft hey so let's jump to another important trade
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let's we see and Japan yang we have a triangle break at 111 28 we have a buy signal and at first we had a nice put
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back because the price was entering back in the the pattern and retesting this level 1120 and then I started to climb
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up to 11 84 so we have like 58 57 pips but when I was looking at this trade I was here and the price was testing and
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other important resistance in fact he went back okay I will show you on the on trading view so I was the ear and after
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training the first breakout I was waiting for my trade to get close because it was very close to my
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stop-loss but then the price reversed then I started to climb up to 1 111 54 so it was 27 pips profit remember this
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is day trading so we're gonna maximize our profits in a very small time before using any tool any strategy you have to
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back test the market this is very important so the price was eating this is very important resistance and as
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usual I was looking at upper timeframes to find resistance so the 15 minutes I was looking at this is very important
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level here at 11:50 for and it was tested many times one two three four five six seven eight nine
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times for more safety I was looking at the 30-minute time frame and I have confirmation so what happened the price
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didn't stop because at first you he reversed it and it tested this level again at 11:40 and then started again to
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crime so our resistance became our support and is now testing this level 1186 so is a
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testing these area as you can see are looking at the chart this level was testing many many times 1 2 3 4 5 6 7 8
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9 times so this is very important level so you can do many things you know you can use it for it's trendy for pot-herbs
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trading and then using support and resistances it's very useful tool as you can see
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it depends on your strategy because at first the first prophet was around 27 tips but he feel open if you leave the
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trade open then the profit will be one second around 56 pips with just two trades your you have like 80 pips profit
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okay remember to use the stop-loss because it's not gonna be always a very good day this is trading so loss will
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happen so I was just analyzing these few trades leave a comment below if you wanna see videos on a higher time frames
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because I know that many many guys ladies and gentlemen are trading our Tait trading so I'm releasing these
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videos to show them how to use this online tool but if you like long term trading I will show you the 30 minutes
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one hour four hours the daily depends ok leave a comment below let me know and if you scroll down the page you will find
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the emerging patterns so it's a very very useful tool you can integrate it with a meta trader 4 so I hope you enjoy
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the video I would like to show you all all the trades but these trades are still in progress now so you wouldn't
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make any sense and nothing subscribe to the channel it like button if you liked the video leave a comment below let me
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know what you think so for today's everything have a good trading day bye-bye
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