What's up everybody it's Johan Nordstromfrom Trading Walk and in this video I want to show you my short trades on EURUSD and exactly what made me take these trade why I like them and how you can copymy trading and take the same trade as well So what I
always do and what Irecommend you do as well is always look at higher time frames and do technicalanalysis on high time frames to find a good forex trades so looking at the dailychart here we can see that this is channeling down quite nice the upperchannel line here and
we have the lower channel line here and when you see thisthis is a sign that the trend is moving down so preferably you want to takeshort trades and also when you have a channel what I like to do is just draw aline in the middle of the channel
and this is the mean line of the channel solet's say for example that you take buy trades at the support you want to exityour trade at the mean or middle line here or for example if you go short upin the channel you want to take some profits off
at the mean as wellgenerally when you have a downtrend you want to go short and when you have anuptrend you want to go long so when I look at this I wanted to goshort and since we had the test of the lows here and I move up to
the mean lineof the line between the upper resistance and the lower support I knew that thatwas an area where I possibly could go short if I got a good signal and youalso see here this area here is also in confluence with this support area thatbecomes resistance so when
support breaks expect resistance when you come back upto that level and also in confluence if we draw a Fibonacci here we will seethat this is also the 50% line which I talked about in myfree cheat sheet so knowing all this like this took minutes just simplestep-by-step technical analysis
now what you want to do when you've done this andyou have basically an idea what you want to do you want to enter on low-risksignals so sure you could go short here at the 50% or at the support becomes aresistance but where do you place your stop loss
and really how do you controlyour risk management and that's where my Trend Pulse Pro signals come in so thisarea right here now is this area on the one-hour chart so now we're looking atthe one-hour chart and you can see here we have a sell signal here and you
couldhave entered on that one just placing your stop-loss above here and you knowthat since we're in this channel your take profit is way below down here so avery good entry here then you have a new entry here right at the top of the levellike this is just beautiful
and you see here I entered on this one beautiful andI scaled in on the next signal right here entry here so beautiful entry thereagain because you had the moving lower with lower lows and lower highs andlower high so this was a great signal right here and then we
made a lower lowwe come up test support becomes the resistance and a new signal just goshort place your stop-loss just above here orabove the diamond so really simple like if you're having trouble right nowfinding good entries and knowing where to place your stop loss like enter onthis signal
place your stop-loss above the signal so above this diamond andjust trade the trend really really simple really straightforward and I meanyou see that this really produce good results and of course I've beentraining for a long time but like I started where you started I didn't havea lot of
money when I started trading but I build up my account over timeincreasing the size of my trades continuously now I can trade whateverthe high confidence in the signal as I trust thema lot and just moving back again to the higher time frame to recap we had a downtrending
channel I showed you a simple technique how to find good entries inthis channel and then to really control your risk and get good entries you wantto go down to a smaller time frame and take these signals from Trend Pulse Pro soI hope this video helps guys let me
know if you have any questions leave acomment down below if you enjoyed this video please leave a like and if youwant more of this content and these videos please subscribe to my channeland don't forget to click on the screen for our free gift thank you so much forwatching
and have a great day
