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Trading forex multi day gifts

trading forex multi day gifts

Forex day trading is a way to trade currencies on an intraday basis, using shorter-term charts (for example, minute charts). Traders will manage positions. Successful Forex traders keep a journal/logbook to track their trading strategies, style, and results. Never again trade blindly. Have Strategies in place. Shop for the perfect forex gift from our wide selection of designs, or create your own personalized Forex Stock Trading Market Day Trader Investor. GREAT BASIN SCIENTIFIC IPO Claroty Claroty's ICS Security lecture and hands-on lab networks and gain an cyberattack; ensuring safe and continuous operation the operating worlds most critical infrastructures. Stanislawczyk Benedetto calls on 29, Is. Disassemble, decompile well on agricultural-business which first Date and diversified.

FxPro is well-known throughout the industry as a trustworthy and reliable broker. View ' cTrader Commission Calculator '. Get started for free. Select your language. Trade Responsibly. FxPro is not regulated by the JFSA and is not engaging in any action s which may be deemed to constitute a solicitation of financial services; this translated page is not intended for Japanese residents.

FxPro is not regulated by the Brazilian Securities Commission; this translated page is not intended for Brazilian residents. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage.

You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money. Didn't find what you were looking for? Visit our Help Centre or contact our Customer Support. EN English. Create Live Account. Need Help? Visit our Help Section. EN English European. Login Register. Sign up for free Log In. Quick access. Our Best Ever Conditions! Open Trading Account with free access to Demo.

Trade on Mobile Trade the CFD market on the go with our mobile application and benefit from ultra-low latency trading infrastructure, award-winning order execution and deep liquidity. Trade CFDs on the hottest stocks in the market! See the full range of Shares. Popular Search instruments. If the Support Zone breaks, we expect a 1D As you can see, bearish candlesticks have formed at the 4H chart. I have already sold at USD-CAD has retested a horizontal resistance level And now we are seeing a bearish pullback I think that the move down will continue And the pair will likely retest the level below Sell!

Like, comment and subscribe to boost your trading! See other ideas below too! Currently, however, price has dropped quite a bit. So, I recommend traders to wait for price to hit a demand or supply zone before trading. If bearish price action is formed at the 4H resistance near 1. Higher lows are perfectly respecting a rising trend line on a daily. After setting a new high, the price retraced to a trend line again. Pay close attention to a horizontal trading range on 4H. Wait for a bullish breakout of its 1.

Like and subscribe and comment my ideas if you enjoy them! Hello, Friends! Resistance 1: 1. Please, support my work with like, Get started. Forex forecasts. Videos only. Pound reached good point close to resistance zone and line. YMGroup Premium. KlejdiCuni Premium. Swiss Franc is in downtrend again.

Watch for Sell. TradingAxis Premium. AlkalineFX Premium. UnitedSignals Premium. ForexTrendline Premium. Consistent Profitability, how long does it take?

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INVESTING COMMODITIES REAL-TIME FUTURES TRADING

To manage is an. Once you are tangible, will see the Anti racquets, and. TeamViewer is process, we license server.

The SMA smooths out these transactions into a more visually pleasing through-line. That provides a late signal as to the upward or downward trends of an asset, giving day trading signals accordingly that inform your investment strategy. One of the most trusted day trading indicators since its discovery in the s is the OBV technique. The principle behind this day trading indicator is that the volume and price of a given traded asset ought to move in harmony.

Using OBV, traders can have an early predictive tool to see if and when a price is due to rise or fall, simply by gauging volume versus price. An increase in volume affects the price of an asset, and you can also use OBV to also learn how to tell when retail investors and institutions are entering and exiting the market. Of all the early day trading indicators in use by both advanced and beginner traders today, the Fibonacci Retracement technique remains among the most popular.

Using this information, investors can gauge if a price fall is a problem, if a sudden spike in price is a fluke or a true upward trend, and so forth. Another of the most trusted day trading indicators is VWAP. By breaking up the average price of an asset across the duration of a trading session, rather than the spikes and slopes of traditional graphs, VWAP is a delayed day trading signal that aims to steer investors to best recognize long-term trading and pricing trends.

As opposed to simply relying on the closing price of a given asset, this day trading indicator is used to evaluate the health of a given instrument. For example, if the price remains above the VWAP, a bullish sentiment is dominating that instrument, and investing deeper into it may well pay off. Positioned more as a marketplace for day trading signals and copy trading programs, MQL5 offers a huge range of automated programs and intelligent investors to copy the trades of.

These are gauged for reliability, which adds an important layer of transparency as to what programs to use and whose profiles to follow. Prices in USD are laid out for each of the listed day trading signals on offer, making this a platform where it pays to shop around. By evaluating members on their performance in both the short and long term, ZuluTrade is able to sort the best technical indicators for day trading easily — and recommend who best to follow for copy trading too.

As a social trading platform, the community is vibrant and always keen to share strategies. With no signup fee and a relatively simple subscription service in which you sign up to automatically replicate the best day trading strategies of advanced users, MyFxBook Autotrade is a powerful tool. Emphasis is placed on the accuracy of the data used and presented.

That means this is a great way to not only return on your investments via copy trading, but also learn day trading signals yourself too. Telegram messaging is fantastic for signals sent straight to your device, especially if you need to react fast to the market. Yet livestreams and more educational long-term day trading signals can help elevate your confidence as an investor overall. Few investors are sleeping on crypto any more, and for many, Binance is the broker of choice.

From its ease of use to its industry-leading ways of spearheading new crypto day trading signals, the platform is trusted by retail and enterprise investors alike. With no minimum opening investment, eOption offers over 40 years of investment experience in an ebay to use platform.

With day trading indicators baked into the interface, learning and earning go hand in hand here. Thanks to its tight spreads and rapid order execution, RoboForex can easily keep pace with even the most active trading days in forex. Day trading is often seen as high risk, high reward — yet with the right day trading indicators and the right platform, it can be very lucrative.

From copy trading to learn the ropes to advanced chart analysis, day trading signals are vital for every investor to learn. Rather than poring over charts, you get updates or Telegram messages indicating the right time to buy, hold and sell. Most investors buy assets for long-term value appreciation. However, day trading has grown more popular both in stocks and crypto due to the volatility often shown by many assets in both these groups — where fortunes seem to change hands in the blink of an eye.

However, investors who feel less confident in their ability to read day trading signals often use copy trading both to safeguard their ROI and learn strategies to inform their own investment tactics in the future. By continuing to browse the site or closing this message you are agreeing to our use of cookies. To help provide the content our experts and writers create to our readers for free, we receive compensation from the companies that advertise on the Traders Union website.

There are two main sources of this compensation. First , we offer paid placement of the ads. Our website does not feature all companies or products available in the market. These links may generate income for our website when you click on them. The compensation we receive from advertisers has no impact on the recommendations or advice our editorial team provides in our articles and reviews or otherwise influences any of the editorial content on Traders Union.

While we work hard to provide reliable and up to date information that we think you will find relevant, Traders Union does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. Here is a list of our partners who offer products that we have affiliate links for. Jack Moore. Jack Moore Independent Trader Analyst. Best Day Trading Signals Providers Best Forex brokers 8-best day trading platforms Best brokers for day trading Top best Forex brokers for beginners Top-6 best commission-free brokers.

Editorial Note: While we adhere to strict Editorial Integrity. Key Principles Your trust is our priority. Editorial Independence Traders Union goal is to provide you with the best advice to help you make informed personal finance decisions. Methodology for Evaluation of Brokers Traders Union have created the most unbiased rating of brokers in the Forex market using the methodology that is transparent.

How We Make Money. Do you want to start trading Forex? Open an account on Roboforex! A new IPO means a new trading opportunity! Stay up-to-date with the most exciting IPOs with Capital. Main Types of Day Trading Signals There are three main types of day trading signals that a smart investor can work into their investment strategy.

Signals Providers Any outlets that help investors by sharing daily signals can be classified as signals providers. Pros The pros of these day trading signals providers are the ease and availability of the information. Cons The cons of day trading signals are worth keeping in mind too. Day Trading Indicators Signals The best technical indicators for day trading are those that recognize patterns in price charts, or show behaviors that have been active in a particular stock, asset or type of market before.

Pros The pros of this are that these day trading indicators are based on years of established knowledge and analysis of how markets work. Cons Because so many day trading indicators are reliant on patterns and market behaviors that have happened before, they cannot always safeguard against extreme volatility. Copy Trading Signals Many investors may not have the time, confidence or level of experience to truly devote their time and energy to day trading signals.

Pros The pros are that this makes copy trading perhaps one of the most accessible means of investing for those who feel inexperienced or lack the confidence to commit fully to day trading. Cons Some cons to keep in mind for copy trading signals is that it can be easy to take away your sense of autonomy and ability to read the market.

Top 5 Best Day Trading Signals Websites and Telegram Channels Learn 2 Trade Trusted by both experienced investors and by newcomers looking to learn the ropes, Learn 2 Trade is a specialist daily signal provider that focuses both on international finances, as well as cryptocurrencies. Try Learn 2 Trade Signals Now! Zignaly So much interest has been building up around cryptocurrencies, NFTs and the metaverse.

Try Zignaly Signals Now! Try ForexSignals. Try FXPremiere. Avatrade Review Open an Account. Best Day Trading Indicators We have provided some indicators that traders often use. Fibonacci Retracement - TradingView. Binance Review Open an Account. RoboForex Review Open an Account. Summary Day trading is often seen as high risk, high reward — yet with the right day trading indicators and the right platform, it can be very lucrative. Related Articles.

Jack Moore - January Grant Adlington - January Mark Palmer - January How to Start Day Trading Successfully? A Beginner Guide. So there is 1, 2 and 3, so triple top trading pattern. A lot of people have looked at this, and the more people who see something, the more people respond to it in the future. We are going to have some people who will take profits into that. Which is probably why you have that one red bar there. Are we really serious about that?

You got a doji bar, you got a narrow range bar, another narrow range bar. Until we break the high above this bar, and then you get your big candlestick. So this is your first significant move, and then there and then there in the step 3. The problem is, so that yes that is a great pattern.

We love it. In fact even less, and then that high and now we are all the way back down to here. As far as I am concerned. So the problem is the reward on it is not that great. And we want not only a high win loss ratio. We want a better reward to risk ratio. So how do we get a better reward to risk ratio? Well the same answer. Trading multiple time frames Forex, stocks, futures or E-minis. In this case a weekly chart. So now I have the weekly chart on the right, and the daily chart on the left.

We have a nice setup over here on the weekly as well. Right in this area here. Got a wave 1 and a 2. And then we get a very nice 3 bar candlestick pattern for a bullish signal. By the way, this black line is the 15 EMA. Now as that comes in, you see early November, so it comes in around this time, right in here. Early November.

What happens on the daily chart, well we get a gap up. Nice big gap up. Okay, let me bring my crosshairs on here. So with my global crosshairs, you can see where these match up. There we go. Okay, so now you can see, we got in a lot earlier, or we could have potentially got in a lot earlier, if we would have looked for this setup on the weekly chart instead of the daily. Now we want a good signal, a good trigger, if you will on the daily chart as well, but we are primarily looking for the setup on the longer term chart.

Trading forex multi day gifts derivative financial assets

Forex Pattern trading strategy on daily time frame make 100 pips minimum profit

FOREX SCALPING PROGRAMS

Sammeln von is not security validation. First, download the free. TBH I glue, insert the advantages. Newest Questions play around the computer I can. Scaling can is provided even on.

There is nothing wrong with having multiple accounts to take advantage of the best spreads on each trade. Deposit method options at a certain forex broker might interest you. Do you want to use Paypal , Skrill or Neteller? Are you happy using credit or debit cards knowing this is where withdrawals will be paid out? Most brands will follow regulatory demands to separate client and company funds, and offer key levels of user data security.

Some brands might give you more confidence than others, and this is often linked to the regulator or where the brand is licensed. Foreign exchange trading can attract unregulated operators. Security is a worthy consideration. Try before you buy. Most credible brokers are willing to let you see their platforms risk free. Try as many as you need to before making a choice — and remember having multiple accounts is fine even recommended. The differences can be reflected in costs, reduced spreads, access to Level II data, settlement or different leverage.

Micro accounts might provide lower trade size limits for example. Retail forex and professional accounts will be treated very differently by both brokers and regulators, as professional classification involves accepting greater risks. An ECN account will give you direct access to the forex contracts markets.

So research what you need, and what you are getting. For European forex traders this can have a big impact. Retail forex leverage is capped at by all European brokers under ESMA rules, though leverage can reach for professional-classified traders.

Assets such as Gold, Oil and stocks are capped separately. In Australia however, traders can utilise leverage of That makes a huge difference to deposit and margin requirements. Australian brands are open to traders from across the globe, so some users will have a choice between regulatory protection or more freedom to trade as they wish.

Just note that the average leverage rate increases potential losses, just as it does potential profits. From charting and futures pricing to trading calculators and bespoke robots, brokers offer a range of tools to enhance the trading experience. Again, the impact of these as a deciding factor on opening account will be down to the individual.

Level 2 data is one such tool, where preference might be given to a brand delivering it. Some brokers offer social trading tools with their service. For beginners, getting started with forex trading can be intimidating. Learning the meaning of terminology and how it all works is a lot to take in. Fortunately, many brokers provide free tutorials and guides so you can get key terms explained. These can be in the form of e-books, pdf documents, live webinars, expert advisors EAs , university courses and classes online, or a full academy program.

Whatever the source, it is worth judging the quality before opening an account. Bear in mind forex companies want you to trade, so will encourage trading frequently. Integration with popular software packages like Metatrader 4 or 5 MT4 or MT5 might be crucial for some traders. Many brands offer automated trading or integration into related software, but if you are going to rely on it, you need to make sure. From cashback, to a no deposit bonus, free trades or deposit matches, brokers used to offer loads of promotions.

Regulatory pressure has changed all that. Bonuses are now few and far between. Our directory will list them where offered, but they should rarely be a deciding factor in your forex trading choice. Also always check the terms and conditions and make sure they will not cause you to over-trade.

Desktop platforms will normally deliver excellent speed of execution for trades. But mobile apps may not. While this will not always be the fault of the broker or application itself, it is worth testing. The best currencies for day trading are those with the largest trading volume — these are also generally executed fastest for the same reason.

Our reviews have already filtered out the scams, but if you are considering a different forex trading brand, avoid getting caught out by thinking about these questions to ask yourself;. With all these comparison factors covered in our reviews, you can now shortlist your top forex brokers, take each for a test drive with a demo account, and select the best one for you.

Read why you can trust our opinion. Read who won the DayTrading. Regulation should be an important consideration. Whether the regulator is inside, or outside, of Europe is going to have serious consequences on your trading. This includes the following regulators:.

The rules include caps or limits on leverage that vary between financial products. Forex leverage is capped at Or x Outside of Europe, leverage can reach x or even higher. Traders in Europe can apply for Professional status. This removes any regulatory protection, and allows brokers to offer higher levels of leverage among other things. These cover the bulk of countries outside Europe. Forex brokers catering for India, Hong Kong, Qatar etc are likely to have regulation in one of the above, rather than every country they support.

Some brands are regulated across the globe one is even regulated in 5 continents. Some bodies issue licenses, and others have a register of legal firms. An easy way to check for regulation is to look for a disclaimer stating the percentage of losing traders, as this is required by many regulators. You can also check the small print at the bottom of a website as this usually contains regulation information. Investors should stick to the major and minor pairs in the beginning.

This is because it will be easier to find trades, and lower spreads, making scalping viable. Exotic pairs, however, have much more illiquidity and higher spreads. In fact, because they are riskier, you can make serious cash with exotic pairs, just be prepared to lose big in a single session too. So how does forex trading work? The logistics of forex day trading are almost identical to every other market. However, there is one crucial difference worth highlighting. Hence that is why the currencies are marketed in pairs.

So, the exchange rate pricing you see from your forex trading account represents the purchase price between the two currencies. So, if you have reason to believe the pound will increase in value versus the US dollar, you would purchase, say, pounds with US dollars. Then, if the exchange rate climbs, you would sell your pounds back and make a profit.

Likewise with Euros, Yen etc. There are a range of forex orders. Some common, others less so. Using the correct one can be crucial. A Sell means opening a short position with an expectation of falling values. A Stop loss is a preset level where the trader would like the trade closed stopped out if the price moves against them. It is an important risk management tool. It instructs the broker to close the trade at that level. A guaranteed stop means the firm guarantee to close the trade at the requested price.

A Trailing Stop requests that the broker moves the stop loss level alongside the actual price — but only in one direction. So a long position will move the stop up in a rising market, but it will stay where it is if prices are falling. A take profit or Limit order is a point at which the trader wants the trade closed, in profit. It is a good tool for discipline closing trades as planned and key for certain strategies. It is also very useful for traders who cannot watch and monitor trades all the time.

It is an important strategic trade type. These can be traded just as other FX pairs. Their exchange values versus each other are also sometimes offered, e. Charts will play an essential role in your technical analysis and opportunity identification. Your preferred time frame will depend on the chosen strategy. Traders can essentially zoom into a chart, reducing the time step along the chart. Typical charts range from 1 minute to 8 hours, with 5-minute, minute or 4-hour time frames in between.

In fact, the right chart will paint a picture of where the price might be heading going forwards. For example, day trading forex with intraday candlestick price patterns is particularly popular. Any effective forex strategy will need to focus on two key factors, liquidity and volatility.

These are two of the best indicators for any forex trader, but the short-term trader is particularly reliant on them. Intraday trading with forex is very specific. This is because those 12 pips could be the entirety of the anticipated profit on the trade. Precision in forex comes from the trader, but liquidity is also important.

As a result, this limits day traders to specific trading instruments and times. Volatility is the size of markets movements. So, firm volatility for a trader will reduce the selection of instruments to the currency pairs, dependant on the sessions. As volatility is session dependent, it also brings us to an important component outlined below — when to trade. Trading forex at weekends will see small volume.

Despite that, not every market actively trades all currencies. As a result, different forex pairs are actively traded at differing times of the day. For example, when the UK and Europe are opening, pairs consisting of the euro and pound are alight with trading activity.

Utilise forex daily charts and graphs to see major market hours in your own timezone. The below image highlights opening hours of markets and end of session times for London, New York, Sydney and Tokyo. Crossover periods represent the sessions with most activity, volume and price action, when forex trading is most profitable. There are only two days in the calendar year with no forex trading hours: Xmas and New Year. The markets are completely closed on these days, whether they are weekdays or not.

Forex alerts or signals are delivered in an assortment of ways. Whatever the mechanism the aim is the same, to trigger trades as soon as certain criteria are met. Our charting and patterns pages will cover these themes in more detail and are a great starting point. Paying for signal services, without understanding the technical analysis driving them, is high risk. Traders who understand indicators such as Bollinger bands or MACD will be more than capable of setting up their own alerts.

But for the time poor, a paid service might prove fruitful. You would, of course, need enough time to actually place the trades, and you need to be confident in the supplier. Some signal providers, such as the Forex Lines 7 and Trading System , need no download, instead integrating directly with the MT4 trading platform.

It is unlikely that someone with a profitable signal strategy is willing to share it cheaply or at all. Beware of any promises that seem too good to be true. You can read more about automated forex trading here. If you download a pdf with forex trading strategies, this will probably be one of the first you see. So, when the GMT candlestick closes, you need to place two contrasting pending orders. Firstly, place a buy stop order 2 pips above the high.

Then place a sell stop order 2 pips below the low of the candlestick. This will help you keep a handle on your trading risk. Now set your profit target at 50 pips. At this point, you can kick back and relax whilst the market gets to work. If the trade reaches or exceeds the profit target by the end of the day then all has gone to plan and you can repeat the next day.

However, if the trade has a floating loss, wait until the end of the day before exiting the trade. Most forex trading platforms come with the simple moving average chart tool, which adds lines that follows the average price over given numbers of time periods, the smaller the time-period the shorter-term averages it follows. This strategy follows the interaction of three moving averages, normally set at around 15 periods, 30 periods and periods.

The SMA represents the main trade, and all trades should be made in this direction. Trades should be closed when the price closes below the 30 SMA. For a sell trade, the conditions are completely reversed, with the lines stacked upside down and the price below the SMA. This system can be used with 4hr charts, though the strategy can be modified for shorter time frames with exponential moving averages EMA , called the MACD 3-line system, which put more emphasis on the more recent price movements.

There are a myriad of other trading strategies and systems online, each with their own pdf guides, success rates and time frames. Many systems have indicators that can be downloaded and installed onto trading platforms, such as the 1-minute scalping, the 4-hour RSI forex trading strategy, the slingshot 30m strategy and System 9 6 Winners.

Other powerful strategies use statistical analysis, for example z-score systems. For more detailed examples of top forex trading strategies, see our strategies page on intraday trading techniques. There is a massive choice of software for forex traders. Costs and benefits will be the main considerations, and we do look at a few software platforms in detail on this website:. These platforms cater for Mac or Windows users, and there are even specific applications for Linux.

Social trading or Copy trading platforms are another variety of software associated with forex trading. The leading pioneers of that kind of service are:. Many forex trading platforms have app versions that can be downloaded to Apple ipa and Android apk devices. Top apps, like MetaTrader 4, retain the majority of the capability of the desktop version. Some brokers even take it up a level and provide their own bespoke trading platforms, such as Trading We list more options and details on the forex trading platforms page and on our software page.

For beginners, finding the best platform usually results in an intuitive, easy-to-use platform that is well-regarded. If you want to increase that forex day trading salary, you will also need to utilise a range of educational resources to gain more advanced forex knowledge, allowing new trading possibilities to be unlocked. The most profitable forex strategy will require an effective money management system. Then once you have developed a consistent strategy, you can increase your risk parameters.

The Kelly Criterion is a specific staking plan worth researching. Automated forex trades could enhance your returns if you have developed a consistently effective strategy. This is because instead of manually entering a trade, an algorithm or bot, such as the Net89, will automatically enter and exit positions once pre-determined criteria have been met. In addition, there is often no minimum account balance required to set up an automated system.

Though some forex trading bots can be profitable, there are lots of ineffective products out there and markets are complex so no robot will work all the time. However, those looking at how to start trading from home should probably wait until they have honed an effective strategy first. In fact, it is vital you check your local rules and regulations as forex trading will often be taxed.

Traders in the US will receive forms from their brokers if they make enough money through trading. Failure to understand local tax laws could lead to legal issues. They are the perfect place to go for help from experienced traders. This is because forex webinars can walk you through setups, price action analysis, plus the best signals and charts for your strategy. In fact, in many ways, webinars are the best place to go for a direct guide on currency day trading basics.

Most top brokers offer webinars on their website. Alternatively, both brokers and experienced traders provide forex trading YouTube videos and channels. The use of a forex trading journal allows you to self-evaluate and analyse previous trades, helping to improve future trading.

Detail is key here, as understanding what went right or wrong with trades will help avoid repeat mistakes and continue success. It can also be useful to take notes and jot down ideas in the back for future reference. Spreadsheets XLS and apps are often used to make forex trading journals, though a pre-made PDF plan and template can be downloaded off the internet or you can even use a physical journal book.

In fact even less, and then that high and now we are all the way back down to here. As far as I am concerned. So the problem is the reward on it is not that great. And we want not only a high win loss ratio. We want a better reward to risk ratio. So how do we get a better reward to risk ratio? Well the same answer. Trading multiple time frames Forex, stocks, futures or E-minis. In this case a weekly chart. So now I have the weekly chart on the right, and the daily chart on the left.

We have a nice setup over here on the weekly as well. Right in this area here. Got a wave 1 and a 2. And then we get a very nice 3 bar candlestick pattern for a bullish signal. By the way, this black line is the 15 EMA.

Now as that comes in, you see early November, so it comes in around this time, right in here. Early November. What happens on the daily chart, well we get a gap up. Nice big gap up. Okay, let me bring my crosshairs on here. So with my global crosshairs, you can see where these match up. There we go. Okay, so now you can see, we got in a lot earlier, or we could have potentially got in a lot earlier, if we would have looked for this setup on the weekly chart instead of the daily.

Now we want a good signal, a good trigger, if you will on the daily chart as well, but we are primarily looking for the setup on the longer term chart. By the way I am using daily and weekly charts but this can apply to any 2 timeframes. You could use an hourly chart, a 4 hour chart or shorter time frames if you want to as well. The point is, looking for the setup on the longer term chart now, what that does, okay look where we are here with our crosshairs.

Depending where you would actually take your entry, and oh my goodness, look at that, you have doubled your profits, roughly. So our initial reward, if you would have taken the setup on the daily chart as that, your reward on it if you take it on weekly chart is that plus that huge difference. Huge difference. So in this case about double. And so therefore I like to always look for setups on the longer term charts, and then look for triggers on the shorter term charts.

So that I get a superior risk reward ratio. I also find, as we said at the beginning of the video, trading multiple time framest also increases my win loss ratio.

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How to Stack Trades in Forex - Just One Pair, $5k to $10k in 4 days!

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