What is the Green Cross Code of Trading?



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#548: What is the Green Cross Code of Trading?

In this video:

00:24 – Learning to cross the road safely.

00:43 – The rules of the Green Cross Code.

01:02 – Live Webinar with my clients.  

01:26 – The Green Cross Code of Trading.

03:12 – My 17 minutes Masterclass and Book a Call.

03:33 – Blueberry Markets as a Forex Broker.

04:09 – Comments, Like & Subscribe.



Today, I'm going to teach you all about the Green Cross Code of Trading. Let’s get into that and more right now.



Hi there, Forex Traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 548.



Learning to cross the road safely.



Do you remember when you were a kid? You were learning at school to cross the road? Or if you're riding a bike, they taught you how to stop a crossing and then cross the road safely.



It's something I never forgotten. And as a kid walking around towns or riding your bike, it kept you safe.



The rules of the Green Cross Code.



What they taught you is, number one, look all around. Number two, look to the right. Then look to the left. And then look to the right. And if it was safe and clear, then cross. And it was a very simple but effective way. And here we are, some sort of 45, 50 years later, I still remember very well.



Live Webinar with my clients.  



Now, the funny story was that last night I was holding a live 2 hour webinar with my client. We took five trades live on the session and when we were looking at trades, I actually said, Look, you need to look right, then left. And it brought me back to my childhood. I thought Green Cross Code



And in trading it's really important that one, you keep things simple, but also you do look right and left. Let me explain.



The Green Cross Code of Trading.



Overall, we look at the chart. We look at the pattern where the pattern is within the chart. Is there room to move? Is it in the right place? All those type of things.



So first of all, we had our candle pattern. We were taking a sell trade yesterday and then I look to the right. The reason I looked to the right was the candle itself have bounce at a round number. So that's our first or second thing. First of all, we look overall, then we go right. Then we went left and we took the chart and we said, where this price at best, which was the round number to the right.



When we went to the left, we saw that some candles prior the price and who had also passed at exactly that level. And when it bounced and hit that level, it then dropped. So now the price to come back up to that same level, we look right, saw the right number left,