The topic of this video is trading Nadex using touch brackets on the GBPUSD setup review that was discussed during the Sunday night Forex Breakdown.
Trading Nadex Using a Long Touch Bracket on GBPUSD
Trading Nadex using the underlying GBPUSD forex pair and a long touch bracket this morning nets profits. The trade setup was discussed during the Forex Breakdown on Sunday evening. This morning follow-through appeared so a long position was entered. After moving upwards for 75 pips, Gail exits the position because the lower timeframes indicated a retracement that would take profits. A trader’s job is to take profits, so that’s what Gail does – take profits.
Interested in learning how to trade Nadex? Gail will be hosting a two day seminar in Greensboro, NC this May. Click here to register.