In this futures trading video we cover the setup, the entry,exit reasons and management for our futures trading strategy on Gold , XAU/USD . On this futures Gold , XAU/USD we looked for price action forex trade. If price action is saying we have clear forex trend, we want to look for possible price action pattern after price bounce from major structure 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 futures trading video covers the trading mindset and trading management for swing trading the Crude Oil 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. When you will learn this futures trading strategy, technique you will be able to find futures swing , day trades consistently on week to week basis. In this trade video you will also learn very important tips on your trading psychology and mindset for your long-term futures trading success.
In this futures trading video we discussed the reason behind taking this those futures 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 extends slide below 1.0770 as Dollar holds firm Premium
EUR/USD dropped below 1.0770 falling to the lowest level in three weeks. The pair continues to face downward pressure as the market considers the European Central Bank will cut interest rates before the Federal Reserve.
GBP/USD drops to 12-day lows near 1.2550
GBP/USD broke below 1.2580, falling to the 1.2550 area, the lowest level since November 24. The US Dollar stays resilient despite softer US labour market data and lower yields. More jobs figures are due with Jobless Claims on Thursday and NFP on Friday.
USD/JPY is steady below 147.45 resistance ahead of the US ADP report
The US Dollar keeps a mild bid tone on the Early European trading session, with the pair trading within a narrow range below the 147.45 resistance area and bears contained above 147.00 so far.
Editors’ Picks
EUR/USD extends slide below 1.0770 as Dollar holds firm Premium
EUR/USD dropped below 1.0770 falling to the lowest level in three weeks. The pair continues to face downward pressure as the market considers the European Central Bank will cut interest rates before the Federal Reserve.
GBP/USD drops to 12-day lows near 1.2550
GBP/USD broke below 1.2580, falling to the 1.2550 area, the lowest level since November 24. The US Dollar stays resilient despite softer US labour market data and lower yields. More jobs figures are due with Jobless Claims on Thursday and NFP on Friday.
Gold faces mixed risks, fails to capitalize on lower yields Premium
Gold recovered toward $2,030 after testing $2,020 earlier in the day. The benchmark 10-year US Treasury bond yield declined to its lowest level in three months below 4.15% after US employment data and helped XAU/USD gain traction.
XRP price aims at $0.7 as Ripple whales accumulate $37 million worth of tokens in three weeks
XRP price has been moving sideways for the past few days after greatly benefitting from the partial win it attained in the lawsuit filed by the Securities & Exchange Commission (SEC). However, Ripple’s CEO decided that the credit largely goes not to himself or the company but to its supporters.
Tesla Stock Forecast: TSLA downtrend likely to continue as Goldman calls it a top short among hedge funds
Tesla (TSLA) stock has been edging higher on Wednesday, outperforming the NASDAQ Composite for the most part, but institutional bearishness parallels the lackluster performance over the past four months and CEO Elon Musk’s recent ho-hum Cybertruck event.
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