USD/CAD forex swing trade: 2nd update [Video] – FXStreet

Zan Kotnik Zan Kotnik
BecomingTraderFX

In this live forex swing trading video we cover the entry,exit reasons and management for our third forex trade on USD/CAD – forex swing trade. On this forex pair we looked for price action forex swing 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 forex 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 swing trading video covers the trading mindset and trading management update , mindset for our swing forex trade on USD/CAD 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 forex 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 trading results video we discussed the reason behind taking this those forex swing 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.
AUD/USD is easing towards 0.6900, fading a renewed uptick amid a cautious market mood. The US dollar is attempting a bounce, as investors rethink the impact of aggressive Fed rate hikes on growth. A dip in the Australian business confidence survey also weighs on the AUD. 
USD/JPY is heading south to test 135.00, having failed to sustain above 135.50. The pair is falling in tandem with the US Treasury yields while the return of risk-off flows underpins the USD bounce. Focus shifts to US data. 
Gold Price consolidates recent losses at around $1,825.00 during Tuesday’s Asian session. In doing so, the yellow metal takes clues from the market’s cautious optimism ahead of the key US consumer sentiment numbers and the much-awaited central bankers’ debate at the ECB forum.
ApeCoin price shows compression of two Simple Moving Averages as price consolidates. APE price shows bullish re-entrance on the Volume Profile pattern, but traders should steer away from being early buyers. Invalidation of the bear trend remains at $6.15.
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