USD/JPY Live Forex Swing Trade & Management
In this live forex swing trade we cover the management for USD/JPY trade. On this forex pair we looked to sell the USD against the JPY, as we saw the price action is clearly pointing out there is major downtrend. If price action is saying we have clear forex trend, we want to look for possible price action pattern after price bounce from major 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 live forex trading video covers the trading mindset and trading management for our swing forex trade 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. Check this live forex swing trade and management video to improve your trading process.
This USD/JPYforex swing trade is an live trading example how you can trade forex (or any other financial market) when the price is moving inside of range, and how you can find powerful swing trading, day trading or scalping trades, using 4 hourly and 1 hourly entries and exits.
When you will learn this trading strategy, technique you will be able to find forex swing trades (or day trades) consistently on week to week basis. In this live forex swing trade video you will also learn very important tips on your trading psychology and mindset for your long-term forex trading success.
In this live forex swing trade video we discussed the reason behind taking this USD/JPY swing trade, 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 the forex market (or stock or futures market) take little bit less of 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.
In forex trading you will have winning and losing trades, but what is important is that your learn to accept your losing trades and focus on the next trade without getting emotionally attached to winning or losing trades. Your trading success as a forex swing trader or day trader is not measured by making one or few trades, but over your consistency on the long-term and trying to be best trader as possible in present moment.
Our live forex swing trading, scalping and day trading videos covers technical analysis, price action on forex pairs using the high-timeframes and market environement explaining why we took, and how we will manage our live forex trades.
Simple trading approach with powerful money management rules and simple trading rules combined with right trading mindset, psychology is the key to long-term success in trading forex. Risk management rules and correct trading psychology is our best trading edge, once we learnt to read the price action and market behaviour.
Our top-down appraoch and forex trades videos are done on multiple time frames as Weekly, Daily, 4 Hourly charts. We post forex swing trades and day trade videos every week.
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