In this video I share two live trade setups using a pyramiding trading strategy. The goal of pyramiding into trades is to maximize profits when trading with the trend, adding onto positions at key points thus compounding profits and +R.
Here’s the transcription for the video:
“Hello traders here, Chris Capre, 2ndSkiesForex.com.
Got another live price action trade setup on the dollar yen this time, actually got two trades, so I’ve added on to my positions.
I’m going to explain the price action analysis behind why I got in this trade, what level I bought at, why I bought here, where my stop loss was, how I’ve adjusted the first position, why I got in the second position, and my …... Keep reading