Learn to trade forex: Adding to winning positions on USD/CAD
|In todays live forex USD/CAD swing trading video you will learn how to trade forex successfully by adding new forex trades to already existing winning trading positions. This is something that can help you to take advantage of long-term forex price action trends, and helps you also to grow your trading account quicker by limit the risk and managing your forex swing trades correctly.
In this forex swing trading video you will learn how we traded the USD/CAD forex pair using the price action, top-down approach, support and resistance areas and market behaviour. Adding new forex trades to existing forex trading winning positions is advanced forex traders. Make sure your practice a lot before you try it!
This advanced forex technique requires forex trading experience, so make sure you practice consistently. Once you will master it, it will help you to grow your trading returns quicker by keeping the risk management in check. Never forget that risk management and trading mindset are most important to stay consistent forex trader.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.