In this live forex trading video we cover the entry,exit reasons and management for USD/CAD swing trade. On this forex pair we looked to sell the USD against the CAD as we saw the price action is clearly pointing out there is major downtrend trend direction. If price action is saying we have clear forex trend, we want to look for possible price action pattern after price bounce from major forex resistance zones.
If price action looks nice we want to look for clear forex swing trade, day trade or scalping opportunites, depends on your trading style and trading stratetegy, plan. This live forex swing trading video covers the trading mindset and trading management for our swing forex trade after price bounced from resistance and showed us bearish forex price action momentum.
Risk management and trading psychologys are major keys to stay consistently profitable forex trader. Check this live forex swing trade and management video to improve your trading process.
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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EUR/USD flirts with 1.0700 post-US PMIs
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GBP/USD surpasses 1.2400 on further Dollar selling
Persistent bearish tone in the US Dollar lends support to the broad risk complex and bolsters the recovery in GBP/USD, which manages well to rise to fresh highs north of 1.2400 the figure post-US PMIs.
Gold trims losses on disappointing US PMIs
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Here’s why Ondo price hit new ATH amid bearish market outlook Premium
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Germany’s economic come back
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