In this forex trading video we cover the entry,exit reasons and management for our forex trade today on the EUR/USD & how you can trade the forex structure on Daily , 4 Hourly , 1 Hourly charts. In the last few videos we covered the steps to find and trade structure. In this video you will learn how we traded the EUR/USD structure today using the trading charts and price action.
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 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!
Learning to trade the markets is an investment in yourself. You can become successful forex trader if you practice your skills and mindset for a long time. Becoming a successful swing trader, day trader or scalping trader is possible if you have simple, powerful forex trading strategy, if you manage the risk and have right trading psychology. Swing trading the forex market (or stock or futures market) take little bit of more time, but once you become great swing trader you will be able to pull pips, returns out of the market consistently.In this live forex swing trading video you will learn how to approach the markets on daily basis using the market structure, patterns, price action and behaviour.
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.
Editors’ Picks
EUR/USD consolidates gains above 1.1100 ahead of key events
EUR/USD stays in positive territory above 1.1100 in the second half of the day on Monday. The upbeat risk mood and growing expectations for a dovish Fed outcome this week weigh on the US Dollar and help the pair hold its ground.
GBP/USD extends rally to 1.3200 area
Following Friday's choppy action, GBP/USD gathers bullish momentum and trades at a fresh 10-day high near 1.3200. Ahead of the Fed's and the BoE's policy announcements, the US Dollar stays under pressure, allowing the pair to push higher.
USD/JPY refreshes annual low below 140.00 in monetary policy-packed week
USD/JPY slides sharply to near 139.50 with all eyes on the Fed policy. Market expectations for Fed large interest rate cuts have strengthened. The BoJ is expected to leave interest rates at 0.25% on Friday.
Editors’ Picks
EUR/USD consolidates gains above 1.1100 ahead of key events
EUR/USD stays in positive territory above 1.1100 in the second half of the day on Monday. The upbeat risk mood and growing expectations for a dovish Fed outcome this week weigh on the US Dollar and help the pair hold its ground.
GBP/USD extends rally to 1.3200 area
Following Friday's choppy action, GBP/USD gathers bullish momentum and trades at a fresh 10-day high near 1.3200. Ahead of the Fed's and the BoE's policy announcements, the US Dollar stays under pressure, allowing the pair to push higher.
Gold consolidates gains near fresh all-time highs
Gold trades in a narrow range above $2,580 after touching a new record-high near $2,590 earlier in the day. The benchmark 10-year US Treasury bond yield holds above 3.6% ahead of the Fed meeting and makes it difficult for XAU/USD to find direction.
Five Fundamentals for the week: Fed overtowers pivotal week for Gold, stocks and the US Dollar Premium
The Fed's first rate cut stands out as economic uncertainty mounts. US Retail Sales and Jobless Claims are of high interest. Rate decisions by central banks in the UK and Japan are also pivotal.
European crypto fund founder calls Tether $118 billion scam
Founder of Cyber Capital, Europe’s oldest crypto fund, criticized Tether for their reserves and said there has been no audit since 2021. In a tweet thread on X, Justin Bons supports his stance on the stablecoin firm with statistics.
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