You don’t have to lose money to learn how to trade Forex

You guys can see the intro pattern let me know if you can see it but that’s right there and then you withdraw most of the profits regardless because the price can reverse down and then you let the rest run from there on eventually if you keep driving the trades more So that was pretty clear and it happened at that time, the entry happened about an hour very early in the Forex market.

You don’t have to lose money to learn how to trade Forex.

I don’t know if that’s true if the yen always falls back to Friday’s level, because the yen is still falling right now, so that should cause a big spike in gigajoules, and it’s probably going to be a little bit, so I’m not sure going down, we’re creating a very clear formation of course that’s still a lot of resistance.

But yeah, I don’t know, I don’t see it that way right now, I think the yen is still trending up very strong, and the EU is getting closer to opening on Sunday, yeah we can check that out quickly while we wait Forex trading Um, if you guys, I know we deal with a lot of forex traders in our community as well.

We’re getting closer to the Sunday open, so what happened is we opened on a bullish Tuesday and the high of the week was the high of the week Thursday was a short-term support bounce and today was a massive U-shaped bounce below and now we’re kind of trying to reclaim the throne and I think That the dollar is slowing down.

Why do they always sell on Friday in Forex?

Indeed, the dollar is still slowing down but not really AFF gold in my opinion. I think the youth is what matters but for the EURUSD, yeah, so yeah man, you can take a look at it but again it could pick this back up again, where it breaks below and then comes back up right after I take out the lows here uh didn’t’ We did not remove P.

We’re down, so we haven’t done that but overall we’re still trending down so that’s something to keep in mind, we’re still creating these lower highs out of lower highs and we were talking about you, I remember here we still think there’s more downside potential We have constantly created low levels.

So now we’re in an interesting place, but the dollar seems to be slowing down, so I would double confirm that with the dollar and the euro when the price comes back at the open on Sunday, so I would wait for the price to bounce back in and then wait for your confirmations there on both sides, so what should I do I think This happens here because you have a clear profit goal that you need to achieve correctly.

The real complexities of Forex trading in the reality of the market

You can only lose this amount that many traders know, let’s say the first month has passed and they have not yet outgrown their account. They have unlimited time because every prop from now on is practically unlimited unless you want to go to its two pages.

What often happens is that after one month they are still not there, they haven’t got the profit target yet or they almost hit the profit target and then they drop back and start hovering between knowing the profit and the losses but overall they stay in profit.

So their balance is always above the correct zero in the profit and loss and they make gains, they are always profit the problem is they start hovering between the profit target and their balance, and then at some point they are you know I’m already making a profit I can just make a bigger trade and then say goodbye until I get it completely.

Why not be prepared to deal with Forex’s emotional trading

I think that’s the thing that I’ve been through a lot and you know that you have to kind of accept that you have to accept that so yeah now I like working with the smaller accounts as well over the whole year it gives me knowledge of a lot of things and I love trading a lot of things I love trading futures and I love trading.

Of course with you guys the New York session there’s always uh something good and I always try to look at a lot of the things that I have, like the swing trading portfolio, it’s not too big, it’s not like a big wallet or anything like that, but you know, I just try to do a lot of One of the things I like to test the most.

Forex trader’s control over inflation in the market

There are endless quizzes too and with Pop FS, yeah, you have to be a little bit more patient and just give yourself time, give yourself time and if it takes more than a month, that’s what it is man, you know you’re not going to screw up your challenge By risking more and ruining your account and starting over.

The thing is why don’t you share your trading screen instead of analyzing the trading screen because followers will be in on entry and out on exit uh we always enter when you see me enter a trade and I also always display my profits and losses.

I’m not putting this right I’m not just making a warning and saying okay guys I’m now good luck right I’m not by the way but you know what I mean so you always see my account for sure yeah it’s important even though LTA and SMC can be used together.

Summary

I think I yeah, well sometimes they conflict with each other, so you have to be aware of that to be honest because sometimes we trade what we call the SMC trap, at least that’s the way we’ve kind of set it up, so yeah sometimes you have to Be a little careful so you know what we’re doing here right.