FX Nation Live Daily Recap +80 Pips Today!

Having trouble viewing this? Check out the online version. Daily Recap Thursday September 13th, 2007 September Daily Video Trade Results Today: 2/2 (100%) +80 Pips MTD:  11/12 (92%) +509 Pips What a day as we nailed both trade set ups for an 80 pip profit! Price was finally able to bust through the previous highs that were acting as major resistance and we closed yesterday above the R1 monthly pivot (see daily chart above). What was once resistance is now support coming back down so we looked to go long in the direction of the overall uptrend at 1.3850-60. Price spiked down to a low of 1.3863 within 3 pips of our price zone and we saw divergence (as seen on the 15 minute chart) as price was making lower lows, but sellers were decreasing. What resulted was a perfect long with an accurate entry and it hit our profit target of 1.3900 for a 35 pip gain. We were looking to go short on the USD/CHF when price came back up into the S1 monthly pivot around 1.1860-65 (see daily chart above). You can clearly see on the 15 minute chart that there was little buying going into that resistance level and as price made new highs (1.1862), the buy pressure was going lower signaling that buyers were leaving the market. Within a short amount of time price broke down to our profit target of 1.1815 for a 45 pip gain. Perfect Trade Set Up!!!   These daily trade set up videos are offered for free at FX Nation Live. We also offer daily training for an hour each day between 11AM ET and 12PM ET showing these profitable trade set ups and more. If you can't make the live sessions, we record each training and post them on the web for daily training students to view at any time. Get signed up Today at: http://getresponse.com/t/9351280/406205/184560569/       Disclaimer: The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.    Risk Disclosure Unique experiences and past performances do not guarantee future results! Testimonials herein are unsolicited and are non-representative of all clients; certain accounts may have worse performance than that indicated. Trading stocks, futures, options and spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 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