July 6, 2015Daily Analysis

7/6 Analysis: Profits 10 Minutes After Entry

If we do our initial analysis, you can see the AUD (orange line) is the strongest currency and starting to turn back up again. The GBP (red line) is weak and getting weaker down below.

These 2 currencies are diverging away from each other.

I would place a pending stop order 10 pips below the current price so that if the trend continues down, our order will be triggered with momentum on our side.


If you were to place your order 10 pips below the opening price on this pair, it would have triggered and went down 25 pips in about 10 minutes. This is the advantage of setting pending orders once you identify the two currencies to pair because it often gives you perfect timing on a highly profitable and low risk trade.

Watch the entire video analysis below:

You can see that our Currency Strength Indicator is an effective tool for picking out the highest probability, lowest risk trade set ups while avoiding market conditions that aren’t favorable. If you keep using this tool every day along with our daily Forex analysis, you will increase your win rate and be on your way to becoming a profitable trader long term.

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James Edward
James Edward has been a successful Forex hedge fund manager & educator for over a decade. He founded Complete Currency Trader, a London based firm that has consistently trained individuals to become professional and profitable traders long term using the individual currency strength analysis methodology. CCT is an elite Forex educational firm and has a reputation second to none with over 90 positive reviews and an overall 4.538 out of 5 rating on the third party verification site Forex Peace Army. James’s affable personality, expert knowledge, notoriety for getting results, and steadfast dedication to his clients, has secured his position as one of the most trustworthy, liked, and in demand authorities in the industry.