Part 2 : the only trading strategy you will ever need to trade Forex structure [video]
|In this forex trading video we cover the entry,exit reasons and management for our forex trading strategy on GBP/USD & how you can trade forex structure. In yesterdays video we covered the steps to find and trade structure. In this video you will learn how we traded the GBP/USD structure today using the intra day trading charts and price action.
Please check this Video Update with GBP/USD day trading & management:
From yesterdays post "The Only Trading Strategy You Will Ever Need to Trade Forex Structure":
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/bearish 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!
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