Forex Video of One weeks Double in a Day trading

Great Double in a Day technique ?

Earlier this week we produced a Double in a Day Forex video showing the use of an RSI system combined with the Envelope indicator to produce really good Double in a Day trades.

http://www.doubleinadayforex.com/free-forex-double-in-a-day-entry-technique/

The video below shows the use of a variation of this technique over a period of a week’s live trading – never shown in this format. Here you can see the negative, breakeven and successful Double in a Day trades when the Double in a Day EA is used in conjunction with a really good Forex entry technique and traded over time. It also shows the amount of patience you need with this technique.

Besides using the envelope technique for Double in a Day trades it is also a great stand-alone simple dynamic channel trading technique.

The rules are very simple –

  • when the price touches the envelope lines and
  • the RSI is overbought or oversold
  • trade the other way
  • taking the current trend into account.

The EURJPY 1 Hour chart used in the video

EURJPY3Oct