{"id":214977,"date":"2018-06-13T09:52:30","date_gmt":"2018-06-13T08:52:30","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=214977"},"modified":"2024-05-23T17:17:38","modified_gmt":"2024-05-23T16:17:38","slug":"forex-live-training-session-scaling-in-trading-ideas","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/forex-live-training-session-scaling-in-trading-ideas\/","title":{"rendered":"Forex Live Training Session, Scaling In, &#038; Trading Ideas"},"content":{"rendered":"<p>Hi, this is the recording of <span style=\"background-color: #f6d5d9;\">Tuesday<\/span>&#8216;s live training session. Marc &amp; Pierre showed what they are looking to trade and why from a technical perspective, for those following their systems. Marc also showed how to scale into trades and Judith explained what she is looking to trade from a fundamental perspective.<\/p>\n<p>&nbsp;<br \/>\n<iframe src=\"https:\/\/player.vimeo.com\/video\/281077251\" width=\"640\" height=\"351\" frameborder=\"0\" webkitallowfullscreen mozallowfullscreen allowfullscreen><\/iframe><\/p>\n<div><\/div>\n<blockquote>\n<div>Marc starts today with trendlines. He illustrates how to \u2018fit\u2019 them.<\/div>\n<\/blockquote>\n<div><strong>USDCAD<\/strong><br \/>\nWeekly chart: the triangle and this is where the action is\u2026fake outs happen and that is trading!<\/div>\n<div><\/div>\n<div>Winning losing and success is the subject of Sunday&#8217;s blog.<\/div>\n<div>Once you understand the process it really is rinse and repeat.<\/div>\n<div><\/div>\n<div>Preparation is more important. Pick major areas!<\/div>\n<div><\/div>\n<div>Marc explains &#8216;a&#8217; grade trades and their use in limit\u00a0orders.<\/div>\n<div><strong>EURGBP<\/strong><br \/>\nLot size is bigger because of the pip size. Scaled in. This is a short. It is a short stop because of the emas beneath and the risk\/reward.<\/div>\n<div><\/div>\n<div><strong>AUDJPY<\/strong><br \/>\nMultiple reasons for a short.<\/div>\n<div><\/div>\n<div><strong>AUDCAD<\/strong><br \/>\nWatching this, it has a good stop area. It has a trend line<\/div>\n<div><\/div>\n<div><strong>GBPNZD<\/strong><br \/>\nOn a run, this has a higher area to short.<\/div>\n<div><\/div>\n<div><strong>USDJPY<\/strong><br \/>\nDifficult this one<\/div>\n<div><\/div>\n<div><strong>USDCHF<\/strong><br \/>\nLooking for the trendline bounce. <strong>GBPAUD\/GBPCAD<\/strong><br \/>\nVery similar. Too messy!<\/div>\n<div><\/div>\n<div><strong>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.<\/strong><\/div>\n<div><strong>\u00a0<\/strong><\/div>\n<blockquote>\n<div><strong>Pierre:<\/strong><\/div>\n<\/blockquote>\n<div>Blog has the details and was published this morning.<\/div>\n<div><strong>EURX<\/strong><br \/>\nThe main trend is short<\/div>\n<div><\/div>\n<div><strong>EURUSD<\/strong><\/div>\n<div><strong>EURJPY:<\/strong> looking for shorts under the 200 ema.<\/div>\n<div><strong>EURGBP<\/strong><br \/>\nBroke the triangle and it fell make in.<br \/>\nLooking for shorts at 8863<\/div>\n<div><\/div>\n<div><strong>GBPUSD<\/strong><br \/>\nMain trend to look for shorts.<\/div>\n<div><\/div>\n<div><strong>GBPJPY:<\/strong> the bias to short.<\/div>\n<div><\/div>\n<div><strong>AUDUSD<\/strong><\/div>\n<div><strong>AUDJPY:<\/strong> sideways. Watch 200 ema<\/div>\n<div><\/div>\n<div><strong>USDJPY<\/strong>: flat H4, daily long. Watch 110.72<\/div>\n<div><\/div>\n<div><strong>EURAUD:<\/strong> plan A and B!. Higher is better for shorts.<\/div>\n<div><\/div>\n<div><strong>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.<\/strong><\/div>\n<div><\/div>\n<blockquote>\n<div><strong>Judith:<\/strong><\/div>\n<\/blockquote>\n<div>Today I went through the geopolitics: Trump and Kim and the aftermath of the G&amp;<\/div>\n<div>Now all focus is n the economics as we wait for the FOMC and the ECB. What happens here can set the tone for the rest of the year.<br \/>\nMy focus is on the risk environment now, FTSE shorts, Gold longs and AUDJPY short are on the list if we see risk off condtions and I will wait for the dust to settle before I look for USDJPY and maybe GBPUSD.<\/div>\n<div>My full analysis is in the Monday blog.<\/div>\n<div>I will be updating the page with the FOMC information on Thursday morning.<\/div>\n<div><\/div>\n<div>Judith Waker<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hi, this is the recording of Tuesday&#8216;s live training session. Marc &amp; Pierre showed what they are looking to trade and why from a technical perspective, for those following their systems. Marc also showed how to scale into trades and Judith explained what she is looking to trade from a fundamental perspective. &nbsp; Marc starts [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":4597,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_lock_modified_date":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-214977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-education"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/214977"}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=214977"}],"version-history":[{"count":1,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/214977\/revisions"}],"predecessor-version":[{"id":219358,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/214977\/revisions\/219358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/4597"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=214977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=214977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=214977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}