Forex trading is a scam.
100% of the gurus on YouTube who claim to be profitable forex traders are frauds
Don't be a sucker, you will lose all of your money if you try to make "quick and easy money" by trading forex / foreign exchange and currency
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ALL forex trading is a scam.
Currency trading has substantial risk.
Counter-party risk where you're actually trading AGAINST the clearing firm.
I have worked on Wall Street as an investment banker and have traded for 20+ years.
I have NEVER met a profitable forex trader.
ALL of the forex trading experts on YouTube are fake.
They make money by defrauding innocent people.
They rely on technical indicators and technical analysis that DO NOT WORK.
Forex signals are a complete fraud.
Again, do not be a sucker.
Currency trading is one of the absolute worst things that you can do with your money.
There is substantial clearing risk, horrible leverage, and the odds are stacked HEAVILY against you.
Forex trading is for investors / traders who think they will make a lot of money, but they then lose all of their money.
The forex and foreign exchange market is filled with scams and frauds
Do not be a sucker.
Forex trading is fraudulent.
The FX market will cause you to lose all your money because of forex fraud.
Do you worry about how to trade forex because fx trading scams will leave your poor.
Learn how to trade options and sell option premium.
Take control of your finances and be successful in the future.
1) The ONLY Forex Trading Video You Will EVER Need
Jason Graystone
https://www.youtube.com/watch?v=z3cysb27B94
2) The Truth About Forex Trading, Bitcoin Mining, And Cryptocurrency
Dan Lok
https://www.youtube.com/watch?v=3ezGhcyftHI
3) Forex Robots Make More Money!? We Compare Automated Trading and Manual Trading!
ForexSignals TV
https://www.youtube.com/watch?v=0GbjPMznc14
4) Foreign Exchange (FOREX)- Macro 5.2
Jacob Clifford
https://www.youtube.com/watch?v=D41EuDh3epI
5) Can You Make A Living In Forex Signal Copying!? Is It Possible?!
ForexSignals TV
https://www.youtube.com/watch?v=SNry36PAypE
6) Here's why you'll NEVER make money in Forex. The Forex Cycle of Doom...
ForexSignals TV
https://www.youtube.com/watch?v=Jn8v3AfyrX0
7) The Easiest Forex STRATEGY! You must watch! 🙄
Top Traders
https://www.youtube.com/watch?v=mPrQ9j6IN6U
8) Forex Basics For Beginners
Trading 212
https://www.youtube.com/watch?v=z7538iNe2Pw
9) FOREX TRADING FOR BEGINNERS 📈 Crash Course With Jason Graystone!
Ryan Scribner
https://www.youtube.com/watch?v=WkzLICixz5c
10) Professional Forex Trading Course Lesson 1 By Adam Khoo
Adam Khoo
https://www.youtube.com/watch?v=GprwlQ-5OC4
11) The Truth About Forex! (Scam)
Armani Keller
https://www.youtube.com/watch?v=fdImzYpRm7w
12) Is Forex Trading A Scam? 🙄
UKspreadbetting
https://www.youtube.com/watch?v=IYewYpWi2PQ
13) How to spot a FOREX scam | 4-steps
MS E Academy
https://www.youtube.com/watch?v=ku9oV8xYNv0
14) iMarketsLive Scam: Why I left IML
ForexDini
https://www.youtube.com/watch?v=80KByhcMJR8
15) Why Day Trading Forex Is A Scam
Day Trading Academy
https://www.youtube.com/watch?v=F3HnsIc1C4Y
16) LIVE: 📈 Forex (FX) Trading and Analysis Video - Forex.Today
Forex.Today
https://www.youtube.com/watch?v=hBl7ewhuN6U
17) Homeless to Millionaire - Forex Documentary
FxLifeStyle Forex
https://www.youtube.com/watch?v=6Jat9ipBo5Q
#forex #forextrading #fx
Forex traders can develop strategies based on various technical analysis tools including market trend, volume, range, support and resistance levels, chart patterns and indicators, as well as conduct a Multiple Time Frame Analysis using different time frame charts. Forex traders can develop strategies based on various technical analysis tools including market trend, volume, range, support and resistance levels, chart patterns and indicators, as well as conduct a Multiple Time Frame Analysis using different time-frame charts. Fading strategy is extremely risky since it means trading against the prevailing market trend However, it can be advantageous as well - fade traders can make profit from any price reversal because after a sharp rise or decline the currency it is expected to show some reversals. Trend following forex strategy traders will exploit these changes by buying into markets once they have broken through the previous resistance and will sell those markets when they have fallen below the support levels.
Day traders will generally identify current market trends and prevailing sentiment and trade in the same direction until a support or resistance level is reached. One of the things that many traders will look for, whether they are trading short-term for just a few minutes, or longer term over hours and days, is how the forex market reacts near important support and resistance levels. Strategies such as trading specific currency pairs that are at play during the times of day you can trade, looking at longer timeframes, implementing price action methods and employing technology will contribute to the success of part-time forex traders.
Trend-following strategies encourage traders to buy on the markets once they have broken through resistance and sell markets, and when they have fallen through support levels. While many forex traders prefer intraday trading, because market volatility provides more opportunities for profits in narrower time-frames, forex weekly trading strategies can provide more flexibility and stability. This can make things extremely difficult in a fast moving market like the currency markets, but there are some strategies you can follow to help you have a better chance at success when trading forex, even if you're a part-time trader.
Breakout trading strategies are very popular among day traders, since the market tends to have a strong momentum after an important technical level breaks. Technical Forex market strategies rely on the analysis of price charts and historic price data and are based on the three basic tenets of technical analysis, which state that (1) price discounts all information, (2) markets like to trend, and (3) history repeats itself. If in technical analysis traders mainly deal with different charts and technical tools to reveal the past, present and future state of currency prices, in fundamental analysis the importance is given to the macroeconomic and political factors which can directly influence the foreign exchange market.
The most successful traders are those who devote a lot of time to learning about the markets and developing a strong sense of risk management through proper use of trading strategies.
