In this forex trading video we cover how you could trade the forex structure on Daily , 4 Hourly , 1 Hourly charts using the recent NZD/USD market structure . In the last few videos we covered the steps to find and trade structure. In this video you will learn how you could trade NZD/USD structure today using the intra day trading charts and price action.
HOW TO FIND CONSISTENTLY PROFITABLE TRADING IDEAS ON THE DAILY BASIS ( trading strategy to trade forex structure ):
1) Clear direction & structure (Combine at least two time-frames)
2) Price close to the Support/Resistance (Do not buy the top/Sell the low!)
3) Bullish/Bearish PA with sizeable Risk:Reward ratio
This forex trading video covers the trading strategy for forex structure, trading the forex major pairs after price bounced from S&Rs and showed us bullish forex price action momentum. You will learn how to target yesterday highs. Risk management and trading psychologys are major keys to stay consistently profitable forex trader. When you will learn this forex trading strategy on structure you will be able to find forex day trades consistently on week to week basis. In this forex trade video you will also learn very important tips on your trading psychology and mindset for your long-term forex trading success.
In this forex trading video we discussed the reason behind taking this those forex trades, trading strategy, top-down approach using the price action, support & resistance zones, timing and most importantly - trading psychology and risk management. Without those two you will not be able to succeed as a trader. Remember this! Learning to trade the markets is an investment in yourself. You can become successful forex trader if you practice your skills and mindset for a long time. Becoming a successful swing trader, day trader or scalping trader is possible if you have simple, powerful forex trading strategy, if you manage the risk and have right trading psychology. Swing trading the forex market (or stock or futures market) take little bit of more time, but once you become great swing trader you will be able to pull pips, returns out of the market consistently.In this live forex swing trading video you will learn how to approach the markets on daily basis using the market structure, patterns, price action and behaviour.
Key to long-term trading success is simple forex trading strategy, managing your trading risk, being patient, disciplined forex trader and your ability to listen to what the markets are telling you, trusting your experience and believing in yourself. In forex trading (no matter what kind of trading strategy you use) you will have winning and losing trades, but what is important is that your learn to accept your losing trades and focus on the next trade without getting emotionally attached to winning or losing trades. Your forex trading success as a forex swing trader or day trader is not measured by making one or few trades, but over your consistency on the long-term and trying to be best trader as possible in present moment. Having simple forex strategy with right risk management rules and having the right trading mindset! Our live forex swing trading and day trading videos covers technical analysis, price action on forex pairs using the high-timeframes and market environement explaining why we took, and how we will manage our live forex trades.
Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the fx market. Don’t trade with money you can’t afford to lose. You must be aware of the risks of investing in forex and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Weekly forex outlook opinions on this page are for informational purposes only and are not investment advice. You should do your own research before making any investment decisions and take full responsibility for your own results, performance.
Editors’ Picks
EUR/USD remains well bid above 1.0900 ahead of US election results
EUR/USD built on Monday’s marginal gains and advanced further north of 1.0900 the figure on the back of the persistent selling bias in the US Dollar ahead of the FOMC event and the US election results.
GBP/USD approaches 1.3050 on weaker Dollar, US election
Further optimism around the British pound and the broad risk complex lends extra legs to GBP/USD and sends it to new multi-day highs near the 1.3050 zone as investors continue to closely follow the developments around the US election.
USD/JPY trades flattish near 152.00 on US presidential election day
USD/JPY remains flat-lined near 152.00 as traders are uncertain about the US presidential election outcome. The Fed is expected to cut interest rates by 25 bps on Thursday. Investors await BoJ minutes to get fresh cues about when the central bank will hike interest rates again.
Editors’ Picks
AUD/USD regained the smile…and the 200-day SMA
AUD/USD added to the positive start to the week and extended its bullish performance, surpassing the 0.6600 barrier and putting the critical 200-day SMA to the test.
EUR/USD remains well bid above 1.0900 ahead of US election results
EUR/USD built on Monday’s marginal gains and advanced further north of 1.0900 the figure on the back of the persistent selling bias in the US Dollar ahead of the FOMC event and the US election results.
Gold extends consolidative phase as US election result looms
Gold attracts dip-buyers after touching a one-week low on Tuesday but remains below $2,750. The benchmark 10-year US Treasury bond yield stays in positive territory above 4.3% as markets eye US election exit polls, limiting XAU/USD's upside.
Ethereum Price Forecast: ETH could rise 10% upon a Trump win, investors de-risk ahead of election results
Ethereum (ETH) is trading near $2,450 on Tuesday, but it could stage a 10% rise to test the $2,707 key resistance level if Donald Trump wins the US presidential election.
US election day – A traders’ guide
Election day volatility: Brace for potential wild market swings. Election days bring opportunities, but also risks. Unclear results can increase volatility further.
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