Live Trading With LiveConnect Has Become Exciting - ForexMentor Adds MACD Divergence Specialist
LiveConnect is an exciting new service from ForexMentor for live trading where traders from all over the world gather in a virtual live trading room during the New York and London sessions. The room is led by professional trader Jarratt Davis who trades extensively for high net-worth individuals.
The purpose of the Forexmentor LiveConnect (http://www.livetradingx.info) service is to help people identify, in real time, trade set ups around areas of expected support and resistance. The LC sessions start at the London open and goes through to the end of the NY session. At the beginning of each session, a pre-London commentary and analysis is posted that highlights the key levels, market flows, etc, so that traders can be on alert before price gets to these expected reaction levels.
The sessions are moderated by Jarratt Davis, who’s been trading successfully for a long time using the exact techniques that are described in the sessions. Jarratt is assisted by several moderators who are very familiar with the set ups.
To the live trading Forexmentor recently added a MACD divergence specialist, Chris Mathis, who only looks for MACD divergence trades on various currency pairs. He alerts members the live trading when he sees these potential set ups. These are not just any old MACD divergences—they have specific characteristics, and Chris has already provided great set ups to traders in the live environment that have paid off very handsomely.
Both Jarratt and Chris are extremely vigilant in their money management, never risking more than 1% of their account on a trade. Yet the rewards vs. risk on the trades are usually a minimum of 2:1, and often a lot more than that. For example last week, one trader was only 50% accurate, yet he returned 5% on his account for the week.
For more info on live trading with LiveConnect go to: http://www.livetradingx.info
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