Simple Forex Trading Strategy – Live Forex Trades For November 2015
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We had yet another great month of trading for November 2015. This video details the simple forex trading strategy we use to day trade profitably month after month. If your learning to trade forex you need a day trading strategy that has a rigid rule set. Having a trade plan that has a clear, well defined rules, will give you a much better chance of becoming a profitable trader. Without a rigid rule set, consistent trading is nearly impossible for inexperienced traders as emotional reactions will often lead to over trading, revenge trading, and over leveraging. The confirmation entry day trading strategy is 100% mechanical once the market reaches a pre-selected manipulation point. As a result mechanical rules dictate whether or not you enter the market, not emotions.
The major aspect of this day trading strategy that requires discretion is the selection of manipulation points. To give new forex traders a better chance at success we do a daily market preview video before each trading day. In this video the manipulation points are pre-selected. This is done to eliminate the discretionary aspect of the bank trading strategy while people are learning to trade. While these videos select the levels for you, the real goal is to actually teach you how to do this for yourself so you don’t have to be reliant on DTFL for anything. By giving daily support, but yet forcing members to ‘pull the trigger’ for themselves we have achieved a online education that consistently produces profitable forex traders. I hope you enjoy the video, as well as the coverage of all valid setups that occurred on the EUR/USD and GBP/USD during the month of November 2015.
-Sterling