In this forex trading video we cover the entry,exit reasons and management for our forex trade today on the USD/CAD & how you can trade the forex structure on Daily , 4 , 1 Hourly, 15 minute charts and how you can target the next support/resistance. In the last few videos we covered the steps to find and trade structure. In this video you will learn how we traded the USD/CAD structure today using the 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 forex price action momentum. You will learn how to target next support/resistance. 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.
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 stays depressed below 1.0800 amid US Dollar strength
EUR/USD remains depressed under 1.0800 in Wednesday's European trading hours, undermined by renewed US Dollar demand as traders digest the latest tariff threats by US President Trump. Dovish ECB commentary also weighs on the pair ahead of US data and Fedspeak.
GBP/USD extends losses toward 1.2900 ahead of UK Budget Report
GBP/USD extends losses toward 1.2900 in the European session after the UK's ONS reported that the annual CPI inflation softened to 2.8% in February from 3% in January. This reading came in below the market expectation of 2.9%, weighing on the Pound Sterling ahead of the UK Budget Report.
USD/JPY rebounds toward 150.50 on risk recovery
USD/JPY is bouncing back toward 150.50 in Wednesday's Asian session. The pair reverses US President Trump's fresh tariff threats and hawkish BoJ commentary-led drop, tracking the rebound in risk sentiment and the US Dollar. All eyes stay on US tariffs, data and Fedspeak.
Editors’ Picks
GBP/USD extends losses toward 1.2900 ahead of UK Budget Report
GBP/USD extends losses toward 1.2900 in the European session after the UK's ONS reported that the annual CPI inflation softened to 2.8% in February from 3% in January. This reading came in below the market expectation of 2.9%, weighing on the Pound Sterling ahead of the UK Budget Report.
EUR/USD stays depressed below 1.0800 amid US Dollar strength
EUR/USD remains depressed under 1.0800 in Wednesday's European trading hours, undermined by renewed US Dollar demand as traders digest the latest tariff threats by US President Trump. Dovish ECB commentary also weighs on the pair ahead of US data and Fedspeak.
Gold price retains positive bias above $3,000 amid concerns over Trump's tariffs
Gold price trades with positive bias comfortably above the $3,000 psychological mark for the second straight day on Wednesday, though it lacks follow-through and remains below the overnight swing high. Investors remain cautious on the back of the uncertainty over US President Donald Trump's so-called reciprocal tariff announcement on April 2.
Bitcoin, Ethereum and Ripple could face volatility as Trump’s “Liberation Day” nears
Bitcoin price hovers around $87,000 on Wednesday after recovering 4% in the last three days. Ethereum and Ripple find support around their key level, suggesting a recovery on the cards.
Seven Fundamentals for the Week: Tariff news, fresh surveys, the Fed's preferred inflation gauge are eyed Premium
Reports and rumors ahead of Trump’s reciprocal tariffs announcement next week will continue moving markets. Business and consumer surveys will try to gauge where the US economy is heading. Core PCE, the Fed's preferred inflation gauge, is eyed late in the week.
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