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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 , 1 Hourly charts and how you can target the next support/resistance. 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 next support/resistance. 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.

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Editors’ Picks

EUR/USD stays in daily range near 1.0850 ahead of US data

EUR/USD stays in daily range near 1.0850 ahead of US data

EUR/USD holds steady at around 1.0850 after edging higher on hot French and Spanish inflation data in the early European session on Thursday. The market action remains subdued as focus shifts to inflation figures from Germany and the US.

EUR/USD News

GBP/USD holds ground above 1.2650, awaits US PCE inflation data

GBP/USD holds ground above 1.2650, awaits US PCE inflation data

GBP/USD is holding ground above 1.2650 in the European trading hours on Thursday, as the US Dollar remains on the back foot amid a better mood and sustained USD/JPY sell-off. The focus shifts to the US PCE inflation data for fresh USD price action. 

GBP/USD News

USD/JPY moves lower to near 149.80, focus on US PCE data

USD/JPY moves lower to near 149.80, focus on US PCE data

USD/JPY loses ground on risk appetite ahead of US PCE data. JPY received upward support on hawkish remarks from BoJ’s Hajime Takata. The US Dollar experiences a decline despite the improvement in US Treasury yields.

USD/JPY News

Follow us on Telegram

Stay updated of all the news

Join Telegram

Editors’ Picks

EUR/USD stays in daily range near 1.0850 ahead of US data

EUR/USD stays in daily range near 1.0850 ahead of US data

EUR/USD holds steady at around 1.0850 after edging higher on hot French and Spanish inflation data in the early European session on Thursday. The market action remains subdued as focus shifts to inflation figures from Germany and the US.

EUR/USD News

GBP/USD holds ground above 1.2650, awaits US PCE inflation data

GBP/USD holds ground above 1.2650, awaits US PCE inflation data

GBP/USD is holding ground above 1.2650 in the European trading hours on Thursday, as the US Dollar remains on the back foot amid a better mood and sustained USD/JPY sell-off. The focus shifts to the US PCE inflation data for fresh USD price action. 

GBP/USD News

Gold price consolidates as focus remains on US core PCE Price Index

Gold price consolidates as focus remains on US core PCE Price Index

Gold price awaits the US core PCE Price Index data for a decisive move. The underlying inflation data will sharpen the interest rate outlook. Fed’s Collins expects the Fed’s path to 2% inflation will be bumpy.

Gold News

XRP price surges to $0.58 amidst allegations of price manipulation by Ripple using bots

XRP price surges to $0.58 amidst allegations of price manipulation by Ripple using bots

XRP price continued its rally towards the $0.64 target on Thursday. The altcoin climbed to $0.58, sustained above key support at $0.55, maintaining its uptrend.

Read more

Canada GDP Preview: Economy expected to have resumed expansion in Q4

Canada GDP Preview: Economy expected to have resumed expansion in Q4

Following the annualized 1.1% contraction recorded in Q3 2023, the Canadian economy is predicted to have performed very well in the latter part of last year, growing by 0.8% and prompting the BoC to maintain its prudent monetary policy stance.

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