Jaime Johnson is Chief Technical Strategist for Dynamic Traders Group. Under the instruction of Robert Miner, Jaime developed a top-down approach to trading, looking first at broad market trends and indexes and then deciding which sectors, ETFs and stocks to trade based on that information. He has recently started trading Forex using Elliott Wave and Fibonacci levels to find trading opportunies on daily and 6-minute charts. Here we talk about where he sets his stops, what currency pairs he likes to trade and why, and how he enters trades at the end of of various types of corrective patterns.
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Tim Bourquin is the co-Founder of the Online Trading Expo and the Forex Trading Expo and CEO of TNC New Media, a tradeshow and online media company. Register to attend the largest convention for foreign currency traders, the Forex Trading Expo, by clicking here.