USD/JPY classic 1:1 forex swing trade – Learn forex [Video]
|In this live forex swing trading idea we cover the forex breakout strategy for USD/JPY live forex swing trade we took this week. We covered the entry, exit reasons, and management for USD/JPY swing trade and the importance of psychology in trading forex. On this forex pair, we looked to buy the USD against the JPY as we saw the price action is clearly pointing out there is a possible continuation higher.
If price action is saying we have a clear forex trend, we want to look for possible price action patterns after price bounce from major forex support zones. If price action looks nice we want to look for a clear forex swing trade, day trade, or scalping opportunities, depending on your trading style and trading strategy, plan.
This live forex swing trading video on USD/JPY covers the trading psychology mindset and trading management for our swing forex trade after price bounced from support and showed us possible bullish forex price action momentum. Risk management and trading psychology are major keys to staying consistently profitable forex traders.
Check this live USD/JPY forex swing trade, management, and forex breakout strategy video to improve your trading process. When you will learn this forex breakout trading strategy, the technique you will be able to find forex swing trades (or day trades) consistently on a week to week basis. In this live forex swing trade video, you will also learn very important tips on your trading psychology and mindset for your long-term forex trading success. In this live forex swing trade video, we discussed the reason behind taking this USD/JPY forex swing trade, forex breakout trading strategy, a 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!
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