In this forex trading video we cover the entry,exit reasons and management for our forex trade today on the USD/JPY & how you can trade the forex structure on Daily , 4 Hourly , 1 Hourly charts. 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/JPY 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 yesterday highs and lows. 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 below 1.0550 after soft German inflation data
EUR/USD trades in negative territory slightly below 1.0550 on Thursday. Soft inflation data from Germany makes it difficult for the Euro to gather strength, causing the pair to stretch lower. US markets will remain closed in observance of the Thanksgiving Day holiday.
GBP/USD trades below 1.2700 on modest USD recovery
GBP/USD stays under modest bearish pressure and fluctuates below 1.2700 on Thursday. The US Dollar corrects higher following Wednesday's sharp decline, not allowing the pair to gain traction. The market action is likely to remain subdued in the American session.
USD/JPY: Recovery stalls at 151.75 amid cautious markets
USD/JPY has stalled its recovery from over a one-month low early Thursday. Worries about the economic impact of Trump's pledged tariffs and geopolitical risks continue to underpin the safe-haven Japanese Yen while the US Dollar licks its wounds as the US Treasury yields rebound fizzles out on Thanksgiving Day.
Editors’ Picks
EUR/USD stays below 1.0550 after soft German inflation data
EUR/USD trades in negative territory slightly below 1.0550 on Thursday. Soft inflation data from Germany makes it difficult for the Euro to gather strength, causing the pair to stretch lower. US markets will remain closed in observance of the Thanksgiving Day holiday.
GBP/USD trades below 1.2700 on modest USD recovery
GBP/USD stays under modest bearish pressure and fluctuates below 1.2700 on Thursday. The US Dollar corrects higher following Wednesday's sharp decline, not allowing the pair to gain traction. The market action is likely to remain subdued in the American session.
Gold maintains shallow recovery on Fed rate-cut bets
Gold extends its shallow recovery from Tuesday’s lows as it trades in the $2,640s on Thursday. The yellow metal is seeing gains on the back of cementing market bets that the Fed will go ahead and cut US interest rates at its December meeting.
Fantom bulls eye yearly high as BTC rebounds
Fantom (FTM) continued its rally and rallied 8% until Thursday, trading above $1.09 after 43% gains in the previous week. Like FTM, most altcoins have continued the rally as Bitcoin (BTC) recovers from its recent pullback this week.
Eurozone PMI sounds the alarm about growth once more
The composite PMI dropped from 50 to 48.1, once more stressing growth concerns for the eurozone. Hard data has actually come in better than expected recently – so ahead of the December meeting, the ECB has to figure out whether this is the PMI crying wolf or whether it should take this signal seriously. We think it’s the latter.
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