US elections and USD/CAD short live forex trade [Video]
|In this live forex trade we covered our USD/CAD forex trading position we took on U.S. election 2020 days… You can find those kind of forex swing or day trades consistently, if you learn the skills and practice as much as possible. Using the price action, support and resistance zones, and understanding the markets will help you find good trading opportunites and good exits and targets. USD/CAD live forex trading position was made off 4 Hourly chart. Please check this video to learn more.
In forex trading 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 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.
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.
Simple trading approach with powerful money management rules and simple trading rules combined with right trading mindset, psychology is the key to long-term success in trading forex. Risk management rules and correct trading psychology is our best trading edge, once we learnt to read the price action and market behaviour.
Our top-down appraoch and forex trades videos are done on multiple time frames as Weekly, Daily, 4 Hourly charts. We post forex swing trades and day trade videos every week.
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.