Long Term forex trading
Trading forex longer term on the daily weekly monthly timeframes is one of the least stressful ways to make money trading forex.
You can learn to trade forex using long term timeframes for free os strats stress free trading thread.
Wow what a day today has turned out to be so far, quality trend trades within h4 swings all over the place, I wanted to take all of them but money management and common sense only allows me to risk 2% of my relatively small account per trade. I traded gbp/jpy and swissy (usd/chf) but there were valid trades on almost all the currency pairs I trade. Most are retracements on the H4 charts against the daily trends, I am loving those H4 charts more and more these days.
I called these swing trades because they are high probability , mostly counter trend trades against the daily trends. I learned to trade forex like this in a live forex trading school.
gj trade below. Nearly 200 full fat pips on that one.
Update on gbp/jpy 300 pips from my entry and still falling. see below
Swissy trade below. banked 50 pips so far hoping to add on a pullback.
Today was one of those days where trades jumped out and screamed trade me please lol.
Watch that Aussie dollar though and don’t get caught into shorting it, buy on these pullbacks if PASR looks good.
Click here for a free weeks trial in Anders Larsens live Trading room
I also learned how to trade forex and would wholeheartedly recommend the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.
They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.
The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.
Click Here to get a FREE days entry into the fx500 club live trading room
Always Remember.
Keep your risk as a percentage of your capital low (1%), equals stress free trading.
Always work out potential losses before potential profits.
We are paid to take risks, if you aren’t in a trade you cannot win a trade!!
Buy off support and sell off resistance.
Bank partial profits early and move your stop loss to break even as soon as you can.
Click Here to get a FREE days entry into the fx500 club live trading room
2b reversal and 123 reversal trading instructions
Managed forex accounts with no fees Zulutrade
I have now managed to find a few Zulutrader signal providers that are trading for me profitably, sign up for a demo account using my link above then contact me at info @ forex-experts.co.uk so that I can verify your email, I will then contact you with the traders details.
Strats free guide to Stress Free Trading the very best free place to learn to trade forex
Strat will teach you how to trade candlestick patterns at support and resistance, STEVE NISON also has some brilliant products that will help you become a protitable home day trader.
Click here to vist Steve Nisons website or
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