Archive for the tag: Better

5 tips to become better forex trader overnight

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3 WAYS How to trade with Moving Average (blueprint)
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Forex Swing Traders – Honest and Caring Trading Community

Hello Traders, welcome at
Forex Swing Traders and in today video I am going to share with you 5 simple techniques and advice which will help you instantly to become much more successful and make you more organized and better trader overall. Stay tuned!

____________________________________________________________
If you have any question reach me
via email: info@forexswingtraders.com

This video is suitable for traders who :
– Feel stressed while trading
– Overtrading
– Watching charts too much
– Jumping between timeframes
– Feel confused and don’t know what to do while you are in the trade
– If you are entering bad setups
– If you just want to improve overall

Enjoy 🙂
Forex Swing Traders (FST)

Disclaimer :
Any opinions, news, research, analyses, ADVICE, prices or other information contained FROM FOREX SWING TRADERS is provided as general market commentary and does not constitute investment advice. Forex swing traders will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.

Music used in video :
Itro & Tobu – Cloud 9 [NCS Release]

7 Forex Trading Tips and Tricks (Become a Better Trader Overnight)

forextradingkey 20 Comments »

Learn my best trading tips to massively improve your trading results.

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0:25 Forex Trading Tip #1
Enter your trades near market structure. So let me share with you how not to do it, right? So firstly, right, often, traders will look at a chart, right. So, let’s say, for example, the red one here is your stop loss. The green one is your entry point. And the blue one is your, so-called take profit level. So, traders, they will see this chart, and they say, oh, man, the price is, you know, coming down, lower and lower. Let me, you know, hop on board before you know, I miss the move.

2:51 Forex Trading Tip #2
The second tip is this, right, is that you want to trade breakouts with buildup. So what is buildup, right? Let me explain. For those of you who have been following me a while now, you’re already a pro at this. So a buildup means, right, a tight consolidation where the range of the candles gets smaller and smaller. So you can see that over here, this blue box, this is what we call a buildup over here.

4:10 Forex Trading Tip #3
This is a sign of strength that a market is likely to breakout higher. Another variation of this, right, is what we call higher lows into resistance. This is a sign of strength, as well. Notice, you see the higher lows, higher lows, higher lows, higher lows, into resistance. The concept is somewhat similar to the buildup, but this time ’round, it’s telling you that buyers are willing to buy at this higher price instead. It’s why you see higher lows into resistance. Right, so this is also another sign of strength, right.

4:28 Forex Trading Tip #4
The fourth tip that I want to share with you is what I call the first pullback. So often, right, the price, it can break out. And if it breaks out, right, you might have missed the move, right, if you didn’t catch the breakout. But don’t worry, because more often than not, right, the price will give you a chance to re-enter, to catch the trend.

5:23 Forex Trading Tip #5
The fifth thing that I want to share with you is to set your stop loss, right, away from market structure, because often, what traders do is that let’s say, the market is in a range, okay? They go long, right, and price hits up higher, they go long over here. Where do they put their stop loss? They put their stop loss just below this level of support. And what happens? Well, the market could just as well come down lower, trigger your stop loss, and then continue higher. So this is why, right, you don’t want to put your stop loss just below support, or just above resistance.

7:22 Forex Trading Tip #6
The sixth tip that I want to share with you is entry technique, right, to profit from traders who long breakout, and then they got trapped. Here’s how it works. So this is what I call the false break set-up. So you can see that over here, area of resistance, resistance, market broke out of resistance on this candle. You can imagine, right, that actually at one point in time, this candle was looking bullish, something like this, okay?

9:16 Forex Trading Tip #7
And the last tip that I want to share with you is this, right. Use limit order for a better risk-to-reward on our trades. So let me share with you an example. So you can see over here, alright, this is a chart of Euro Yen for our timeframe. How do I know that, because it’s over here. Okay, so, this is a very typical set-up that traders will trade prices at an area of support, right? Coming to an area of support, right. Now this step once, twice, you can mark up your support level. It’s going to be quite obvious. And then, this bullish reversal candle is so bullish, right? You suddenly just hit a massive reversal, and close near this highs over here.

Check out my website, download these two books, right, click this blue button, and I’ll send it to your email address for free, right? And that’s it, right. If you’ve enjoyed this video, right, leave thumbs-up button, yeah, right? Subscribe to my channel. And if you have any questions for me, let me know below, and I’ll do my best to help.
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