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.

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.

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Editors’ Picks

USD/JPY ignores downbeat Tokyo CPI, trades mixed above 104.00

USD/JPY traders look for strong signals to break the chain of three-day declines. Tokyo CPI slipped below -0.6% forecast, core CPI matched -0.7% expected in November. Risks struggle amid US off, mixed news on vaccine, US-China front. A light calendar can extend the sideways moves.

USD/JPY News

AUD/USD: Fizzles upside momentum below 0.7400 but bears await clear signals

AUD/USD eases after refreshing the three-month top the previous day, downside have recently been confined though. Chatters surrounding US-China relations, virus woes probe risk-on but absence of the US traders, light calendar elsewhere, limits the moves.

AUD/USD News

Gold: Bears noting old support for a discount

The price of gold has broken into bearish territory below a 38.2% Fibonacci retracement. In the recent good news in markets, the price of the yellow metal has come under renewed pressure. Bears will seek a discount on a pullback to retest old support, expected to turn resistance. 

Gold news

WTI regains $45.00 even as choppy session limits the moves

WTI fades pullback moves from the highest in nine months. The energy benchmark eased from the multi-day high the previous day as global optimism, mainly fuelled through the coronavirus (COVID-19) vaccine hopes, fizzled. Also challenging the oil bulls was the US holiday due to Thanksgiving Day.

Oil News

Black Friday 2020 Discounts!

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