In this forex trading video we explain how you can trade forex or futures market using bounces of major support and resistance zones using market psychology and price action. Bounces are one of our favorites trading strategies because you can trade them as a swing trader, day trader or as a scalper. In this video you will see how Ali traded NZD/USD forex pair using the price action and support and resistance zones.
Price like to move from one price zone to another, and as a swing traders, or day trader, scalpers our job is to have attention when price like to approach and fail to break support or resistance zone. In this video you will also learn how to trade futures market as a scalping trader, taking advantage of short term time frames and reading the tape, price action strategy.
Scalping the forex or futures market is advanced trading strategy and it is recommened only if you already have experiences trading the markets. Becoming a great forex or futures scalping trader requires mastered trading skills and habits with very strong trading psychology as a scalper you must make quick trading decisions while being patient and discipline forex, futures trader.
If you want to learn how to trade the markets using the scalping trading strategy do it with less risk to get comfortable with trading the fast time frames using the price action between buyers and sellers.
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.