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(1 votes, average: 2.00 out of 5) High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options 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. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. 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. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.
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Find the strongest currency (the one with 100.0/100) and the weakest currency (the one with 0.00/100). 2 Citations Download videos
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Full name In addition, after purchasing the Chris Lori AUDJPY Trading Course, one of the many things that I learned was to only trade that pair long. That is just Chris' opinion of course, but I found that to be a good idea (more on that in the Backtesting Results section). I also talked about it a little in a November post that you can read here.
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The answer is, if you take a too strong setup on the monthly chart, then, usually the lower time frames like weekly and daily, don’t form a too strong trade setup against it. The reason is that monthly chart is the king and when it forms a too strong setup, the shorter time frames follow it, and they don’t go against it strongly.
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