In this video I have shared my opinions about different currency pairs for the upcoming week which will start on 8th March 2021.
Previous Video: https://youtu.be/T8v9PHKFs3o
If you really want to make good profit in Forex Trading, I will suggest you to understand forex trading first. You cannot do that in one day but you have to be aware of the fact that forex can be traded in several ways, you can adopt a long term strategy or approach or you can be a short term trader or day trader in that case you will be taking day trading setups. But make sure you will need a the best forex trading mentor all the time at this stage who will tell you the do’s and dont’s about the forex trading for short term analysis as well as the long term analysis.
In this video the main tools I used to analyse the forex markets are Fibonacci, Rsi ( Relative Strenght Index) and ofcourse advanced price action. In these video analysis series I give my opions on the back end
I do a lot more analysis, so in #forex Just dont rely on indicators alone, you of course will need to understand price action, supply and demand concepts which are mainly used while traders trade on the floor. But for now from this video just get an idea, grab fibonacci, pick any chart and apply these tools the way I do and hopefully you will get some good change in your overall trading career and definitely it will be a positive change. If you want to be connected with me, you can contact me on my whatsapp number which is given below.
Also in the next video I will discuss S&P500 and all the major indices market forecast also the Gold forecast for the week and Oil weekly analysis so make sure to stay tune my channel for indices forecast video.
The Price Action of each Forex market is combined with key support and resistance levels, in the direction of the prevailing trend, to create a framework where the odds are in the favour of each Forex trader.The Forex Forecast video presents the highest probability directional move for every market each week as well as a “work space” for each Forex pair by putting into place the key support and resistance levels.
When assessing the Price Action of each Forex market in the Forex Forecast video we create the analysis using multiple time frames, however the presentation in the Forex Forecast video is made in the 4h time frame.
Again I wan’t to tell you that my videos alone will not change your trading life, there is some responsibility on your part as well. You need to learn it properly and adapt some professional attitudes.
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I hope for your good career in Forex
Thank You for watching this video.