Here’s a great video of a sell from a SELL zone down to a BUY zone and then a buy from the BUY zone up to the SELL zone. These zones occur in every market and in every time frame and learning to identify them is key to becoming a successful trader in my opinion. Can you handle it? Are you up to the challenge? Don’t be scared – lol. Watch the video and if you want to trade like that every day, well, drop me a line on Skype to valutrader or leave me a message on the blog.
The video highlights a new NinjaTrader add on called Position Sizer that is an absolute must if you’re not position sizing as you trade. It will take care of any futures market and even all Forex pairs – direct, indirect and even the dreaded cross pairs. Let’s face it, the only thing we can control in a trade is how much we may lose and that is why position sizing is so critical to your success!
On to the video: