FX Live Day Trading – Live Forex Trading Room Results | 5/11/2012

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More Info on Our Forex Trading Room: http://www.fxlivedaytrading.com
Fridays can often be a choppy and low volume day in Forex. We normally prepare for these days by begin more prudent and waiting until the stock market opens to consider a day trade. Waiting for technical setups is key to trading not only currencies but also futures and stocks.

The gaps are not present on forex as much as other markets, as it is a continuous

Today we traded the AUD/USD that gave us a nice bounce from the daily pivot. In this video the trade was taken from a medium pivot. We often watch out pivots in our trading room to try and get a feeling of where the market may be headed next. I hope this video helps you to get a basic understanding of pivots and how our educational training room works.