Which Forex Pairs To Trade – Day Trading And Swing Trading

stockstotrade

This is an open community for every type of day trader whether if you're beginner or expert. The purpose of this subreddit is to share trading experiences, trade reviews, knowledge drops, market news and generally anything related to trading. We will be mainly focused on day trading US equities but will not be limited swing trading, crypto or forex.
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Stock picks

Please visit and subscribe to the following subs: * stockpick - pure stock charts * stocks - stock discussion * investing - all things investing related * thewallstreet - elite day & swing traders * options - options * forex - forex * algo - algo trading * finance - actionable financial news * business - actionable business news Thanks!
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FREE on Amazon right now - TRADING: 6 Books in 1: Day Trading, Forex, Futures, Options, Stock & Swing for Beginners 2020. Discover the Psychology of Investing & the Best Strategies to Increase your Income

submitted by TheBlindSquirrel17 to Daytrading [link] [comments]

How many day trades can you execute? I been trading stock but I’m only to 3 day trade and sick of tired of daily swing trades.. is there a limit or none? I’m new to forex, any information is appreciated and thanks in advance

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submitted by Expensive-Ads to Forex [link] [comments]

There are so many scams and fake gurus, I’m wondering, who would you guys say is the best YouTuber to watch to learn day/swing trading and/or forex?

submitted by connorlangleyy to Daytrading [link] [comments]

TRADING: 6 Books in 1: Day Trading, Forex, Futures, Options, Stock & Swing for Beginners 2020 Kindle Edition for Free

TRADING: 6 Books in 1: Day Trading, Forex, Futures, Options, Stock & Swing for Beginners 2020 Kindle Edition for Free submitted by GreenNapster to RedditShoppingDeals [link] [comments]

I’m looking to get started in day and swing trading and not sure whether i should go with stocks, options, or forex?

submitted by connorlangleyy to Daytrading [link] [comments]

TEST Forex LIVE day trading. Intraday swing scalping strategies & signals.

TEST Forex LIVE day trading. Intraday swing scalping strategies & signals. submitted by tradeinc to u/tradeinc [link] [comments]

1#Estratégia, setup de análise técnica p/ Bitcoin, criptomoedas, forex, ações day e swing trade - Dicas sobre Bitcoin - mais rápido rápido

1#Estratégia, setup de análise técnica p/ Bitcoin, criptomoedas, forex, ações day e swing trade - Dicas sobre Bitcoin - mais rápido rápido submitted by infocryptocoins to CertificadoDigital [link] [comments]

Trading 3 Beginners' Guides in 1 Learn the Trading Bases in Options, Swing, Day, Forex and the ...

DOWNLOAD LINK: megafile3.top/file/Trading 3 Beginners' Guides in 1 Learn the Trading Bases in Options, Swing, Day, Forex and the ...

submitted by Sensitive-Call to u/Sensitive-Call [link] [comments]

Day Trading- This Book Includes- The bible of how the Market Works for Options, Swing, Forex and ...

DOWNLOAD LINK: megafile3.top/file/Day Trading- This Book Includes- The bible of how the Market Works for Options, Swing, Forex and ...

submitted by lucht2foto to u/lucht2foto [link] [comments]

Trading Strategies 4 books in 1 Day Trading, Forex Trading, Swing Trading, Futures Trading

DOWNLOAD LINK: megafile3.top/file/Trading Strategies 4 books in 1 Day Trading, Forex Trading, Swing Trading, Futures Trading

submitted by lucht2foto to u/lucht2foto [link] [comments]

DOWNLOAD PDF Day Trading: for Beginners: The Day Trading Guide for Making Money with Stocks, Options, Forex and More (Day Trading Strategies, Penny Stocks, Swing Trading, Options Trading Book 1) By Baron McBane

Download Here
submitted by bestebook to u/bestebook [link] [comments]

@AlphaexCapital : The EURUSD trades around swing area. 200 day MA looms above. https://t.co/8Y0PRVGZGW #forex #forextrading #investing

submitted by AlphaexCapital to AlphaexCapital [link] [comments]

forex daytrading - day trading versus swing trading in forex

forex daytrading - day trading versus swing trading in forex submitted by TradingStrategys to u/TradingStrategys [link] [comments]

Woody & Kyle, with all your free time are you tempted to learn how to day/swing trade stocks or forex?

Actively trading forex or stocks is such a hard thing to do & takes so much time to master. But with woody & kyles lifestyle allowing them a lot of free time, it may allow them to put a lot more effort into it than most. With the art of compounding, it eventually becomes a worthwhile endeavour and a great income.
Also I know chiz mentioned a while ago he was trading stocks, so he could offer some great advice.
Maybe it’s a stupid question, but trading really interests me so I thought I’d ask
submitted by JLogiics to PKA [link] [comments]

Day Trading VS One Day Swing Trades and the pros and cons of each for the forex markets

Day Trading VS One Day Swing Trades and the pros and cons of each for the forex markets submitted by yshwd42p to gaming [link] [comments]

Great Day So Far!

I made $50 trading Forex for the first time today! It was nice to break $50 in one day! Next stop, $75!
submitted by dwieg to Forex [link] [comments]

Balance between the job and day trading

Many of you maybe still work a 9-5 full time iob and daytrade too. My question is, how do you manage to stick to this long term? To learn how to trade after you came home from an exhausting job. How do you find your balance?
In my case I work 8-5. I commute between 1 hr - 1hr 30 mins drive so I wake up at 5:30, I leave around 6;40 am and I get home at around 6:40 pm usually.
By the time I’m home I’m completely exhausted, I need to do my workout, do housework and I try hard to stick to my listings and the news. (i also use the hour lunch break to analyze the market). I also have a small night self care routine (girls will understand this need more maybe).
But my mind is too tired. Maybe I do something wrong but I feel long term I can’t do this at a professional level if I also keep my full time job.
I’m afraid to drop my job now in corona times. The crisis may hit harder and I’ll need sn income. Maybe I do something wrong. Maybe you handle this better. Are you able to trade while you are at your work? How do you cope with it?
Thanks guys! Best wishes!
submitted by FocusedJade to Daytrading [link] [comments]

My second best week ever in forex

Have been trading forex off and on for six years.
Just got a $9k profit week, second best week ever for me.
Obviously I am very happy. Taking out half the profits.
My normal goal has been at least $100-500 a day.
https://i.imgur.com/A8eyznA.jpg
https://i.imgur.com/w6g6bBv.jpg
https://i.imgur.com/0cEziJx.jpg
This was with EURAUD, the pair I mainly trade.
Have had other good trades too lately, here is a thread I made on forexfactory:
https://www.forexfactory.com/thread/1030996-profit-and-losses-journal
submitted by FXGreer94 to Daytrading [link] [comments]

SCALPING TRADING VS DAY TRADING VS SWING TRADING

Hello everyone. I'm new in forex. I was just wondering how to differentiate between scalping trading vs day trading. I'm stuck in the definition of those. Is there anybody who could help me to have a clear definition of those. My English is not good. Thank you for taking your time!
submitted by nature-ifel to Forex [link] [comments]

How realistic is my 2/5% profit each month goal?

Hello Fellow Traders!
A few weeks ago my college decided to drop me (M21) out because there was a mistake made by a third party which led to me not being in the school system.
I have been into trading cryptocurrencies for a few years now and a couple of months ago I came in contact with day/swing trading. In these months I got the basics down and began trading forex/indices on a paper trade account and doubled this account within a month (probably some beginners luck haha)
Since I'm out of college I have a ton of time towards myself. I want to make this time useful and teach myself a lot of new skills like trading, marketing and building websites.
Now my goal for trading is to start learning more about it, especially day and swing trading. I want to invest at least 5 hours a day studying the market, learning trading techniques and getting proper risk management in.
My question towards you guys is, how likely/possible is it for me to make a consistent 2/5% profit each month? And turn this into an income of let's say 20k a year (Given that I have created proper risk management, and studying at least 5 hours each day)
Thanks for the read, and if you have any questions just let me know! :)
submitted by Lalph-Rauren to Daytrading [link] [comments]

[Strategies] Here is My Trading Approach, Thought Process and Execution

Hello everyone. I've noticed a lot of us here are quite secretive about how we trade, especially when we comment on a fellow trader's post. We're quick to tell them what they're doing isn't the "right way" and they should go to babypips or YouTube. There's plenty of strategies we say but never really tell them what is working for us. There's a few others that are open to share their experience and thought processes when considering a valid trade. I have been quite open myself. But I'm always met with the same "well I see what you did is quite solid but what lead you to deem this trade valid for you? "
The answer is quite simple, I have a few things that I consider which are easy rules to follow. I realized that the simpler you make it, the easier it is for you to trade and move on with your day.
I highlight a few "valid" zones and go about my day. I've got an app that alerts me when price enters the zone on my watchlist. This is because I don't just rely on forex trading money, I doubt it would be wise to unless you're trading a 80% win rate strategy. Sometimes opportunities are there and we exploit them accordingly but sometimes we are either distracted by life issues and decide to not go into the markets stressed out or opportunities just aren't there or they are but your golden rules aren't quite met.
My rules are pretty simple, one of the prime golden rules is, "the risk is supposed to be very minimal to the reward I want to yield from that specific trade". i.e I can risk -50 pips for a +150 and more pips gain. My usual target starts at 1:2 but my most satisfying trade would be a 1:3 and above. This way I can lose 6/10 trades and still be profitable.
I make sure to keep my charts clean and simple so to understand what price does without the interference of indicators all over my charts. Not to say if you use indicators for confluence is a complete no-no. Each trader has their own style and I would be a narcissistic asshole if I assumed my way is superior than anybody else's.
NB: I'm doing this for anybody who has a vague or no idea of supply and demand. Everything here has made me profitable or at least break even but doesn't guarantee the same for you. This is just a scratch on the surface so do all you can for due diligence when it comes to understanding this topic with more depth and clear comprehension.
Supply and Demand valid zones properties; what to me makes me think "oh this zone has the potential to make me money, let me put it on my watchlist"? Mind when I say watchlist, not trade it. These are different in this sense.
👉With any zone, you're supposed to watch how price enters the zone, if there's a strong push in the opposite direction or whatever price action you're observing...only then does the zone becomes valid. YOU TRADE THE REACTION, NOT THE EXPECTATION Some setups just fail and that's okay because you didn't gamble. ✍
!!!IMPORTANT SUBJECT TO LEARN BEFORE YOU START SUPPLY AND DEMAND!!!
FTR. Failure to Return.(Please read on these if you haven't. They are extremely important in SnD). Mostly occur after an impulse move from a turning point. See attached examples: RBR(rally base rally)/DBD(drop base drop). They comprise of an initial move to a certain direction, a single candle in the opposite direction and followed by 2 or more strong candles in the initial direction. The opposite candle is your FTR(This is your zone) The first time price comes back(FTB) to a zone with an FTR has high possibilities to be a strong zone.
How to identify high quality zones according to my approach:
  1. Engulfing zones; This is a personal favorite. For less errors I identify the best opportunities using the daily and 4H chart.
On the example given, I chose the GBPNZD trade idea I shared here a month ago I believe. A double bottom is easily identified, with the final push well defined Bullish Engulfing candle. To further solidify it are the strong wicks to show strong rejection and failure to close lower than the left shoulder. How we draw our zone is highlight the whole candle just before the Engulfing Candle. That's your zone. After drawing it, you also pay attention to the price that is right where the engulfing starts. You then set a price alert on your preferred app because usually price won't get there immediately. This is the second most important part of trading, PATIENCE. If you can be disciplined enough to not leave a limit order, or place a market order just because you trust your analysis...you've won half the battle because we're not market predictors, we're students. And we trade the reaction.
On the given example, price had already reached the zone of interest. Price action observed was, there was a rejection that drove it out of the zone, this is the reaction we want. Soon as price returns(retests)...this is your time to fill or kill moment, going to a 4H or 1H to make minimum risk trades. (See GBPNZD Example 1&2)
  1. Liquidity Run; This approach looks very similar to the Engulfing zones. The difference is, price makes a few rejections on a higher timeframe level(Resistance or support). This gives the novice trader an idea that we've established a strong support or resistance, leading to them either selling or buying given the opportunity. Price then breaks that level trapping the support and resistance trader. At this point, breakout traders have stop orders below or above these levels to anticipate a breakout at major levels with stops just below the levels. Now that the market has enough traders trapped, it goes for the stop losses above or below support and resistance levels after taking them out, price comes back into the level to take out breakout traders' stop losses. This is where it has gathered enough liquidity to move it's desired direction.
The given example on the NZDJPY shows a strong level established twice. With the Bearish Engulfing movement, price leaves a supply zone...that's where we come in. We go to smaller timeframes for a well defined entry with our stops above the recent High targeting the next demand zone.
The second screenshot illustrates how high the reward of this approach is as well. Due diligence is required for this kind of approach because it's not uncommon but usually easily misinterpreted, which is why it's important it's on higher timeframes.
You can back test and establish your own rules on this but the RSI in this case was used for confluence. It showed a strong divergence which made it an even easier trade to take.
...and last but definitely not least,
  1. Double Bottom/Top. (I've used double bottoms on examples because these are the only trades I shared here so we'll talk about double bottoms. Same but opposite rules apply on double tops).
The first most important rule here is when you look to your left, price should have made a Low, High and a Lower Low. This way, the last leg(shoulder) should be lower than the first. Some call this "Hidden Zones". When drawing the zones, the top border of the zone is supposed to be on the tip of the Low and covering the Lower Low. **The top border is usually the entry point.
On the first given example I shared this week, NZDCAD. After identifying the structure, you start to look for zones that could further verify the structure for confluence. Since this was identified on the 4H, when you zoom out to the daily chart...there's a very well defined demand zone (RBR). By now you should know how strong these kind of zones are especially if found on higher timeframes. That will now be your kill zone. You'll draw another zone within the bigger zone, if price doesn't close below it...you've got a trade. You'll put your stop losses outside the initial zone to avoid wicks(liquidity runs/stop hunts)
On the second image you'll see how price closed within the zone and rallied upwards towards your targets.
The second example is CHFJPY; although looking lower, there isn't a rally base rally that further solidifies our bias...price still respected the zone. Sometimes we just aren't going to get perfect setups but it is up to us to make calculated risks. In this case, risk is very minimal considering the potential profit.
The third example (EURNZD) was featured because sometimes you just can't always get perfect price action within your desired zone. Which is why it's important to wait for price to close before actually taking a trade. Even if you entered prematurely and were taken out of the trade, the rules are still respected hence a re entry would still yield you more than what you would have lost although revenge trading is wrong.
I hope you guys learnt something new and understand the thought process that leads to deciding which setups to trade from prepared supply and demand trade ideas. It's important to do your own research and back testing that matches your own trading style. I'm more of a swing trader hence I find my zones using the Daily and 4H chart. Keeping it simple and trading the reaction to your watched zone is the most important part about trading any strategy.
Important Note: The trade ideas on this post are trades shared on this sub ever since my being active only because I don't want to share ideas that I may have carefully picked to make my trading approach a blind pick from the millions on the internet. All these were shared here.
Here's a link to the trade ideas analyzed for this post specifically
Questions are welcome on the comments section. Thank you for reading till here.
submitted by SupplyAndDemandGuy to Forex [link] [comments]

How realistic is my 2/5% profit each month goal?

Hello Fellow Traders!
A few weeks ago my college decided to drop me (M21) out because there was a mistake made by a third party which led to me not being in the school system.
I have been into trading cryptocurrencies for a few years now and a couple of months ago I came in contact with day/swing trading. In these months I got the basics down and began trading forex/indices on a paper trade account and doubled this account within a month (probably some beginners luck haha)
Since I'm out of college I have a ton of time towards myself. I want to make this time useful and teach myself a lot of new skills like trading, marketing and building websites.
Now my goal for trading is to start learning more about it, especially day and swing trading. I want to invest at least 5 hours a day studying the market, learning trading techniques and getting proper risk management in.
My question towards you guys is, how likely/possible is it for me to make a consistent 2/5% profit each month? And turn this into an income of let's say 20k a year (Given that I have created proper risk management, and studying at least 5 hours each day)
Thanks for the read, and if you have any questions just let me know! :)
submitted by Lalph-Rauren to Trading [link] [comments]

Day Trading Trend Strategie  Swing Trading lernen für ... Watch The Forex Guy Make a $7000 Trade with Simple Swing ... Swing Trading 1 Hour Strategy For FOREX - Simple & Easy ... Day Trading versus Swing Trading in Forex - YouTube A Simple Forex Swing Trading Strategy - YouTube Swing Trading vs. Day Trading: Which is Better? - YouTube Day Trading vs Swing Trading - Which is Better? ☝ Forex Swing Trading Strategies (4 Hour Chart Strategy ... Forex Trend Strategie  Swing Trading lernen für Anfänger ... Best Timeframe for Swing Trading & Daytrading Forex ...

Which pairs you opt to day trade or swing trade will depend on your trading style. We’ll talk a bit about that, and then discuss which forex pairs to trade. Main Takeaway Points. 1-minute chart day traders, focus on trading one pair well. The EURUSD is recommended. If it is really quiet for many days (moving less than 40 pips per day), consider trading the GBPUSD, but only trade one pair at ... All of the mentioned strategies can be used as forex trading strategies as well as stock trading strategies. Swing trading strategies differ considerably from day trading strategies. However, some of the mentioned strategies can be used by day trading beginners as well. Recognize that no matter how reliable a setup is, there can be such thing as a "black swan event," or simple bad luck that ... Die wichtigsten Tipps für Forex Swing Trading. Da Sie nun die Grundlagen des Swingtrading kennen, wollen wir Ihnen noch die wichtigsten Swing Trading Tipps zuteil werden lassen: Gleichen Sie Ihre Trades mit dem langfristigen Trend ab: Wenngleich Sie sich wahrscheinlich einen kürzeren Zeitrahmen ansehen (z.B. H1 oder H4), könnte es auch helfen, einen Blick auf die längeren Zeitrahmen wie D1 ... Swing Trading. Der Swing Trading ist auf der Verwendung von Schwankungen in allen Arten von Vermögenswerten basiert. Schwankungen haben verschiedene Dauer. Manche dauern Tage, manche Wochen. Swing Trader können den Handel aufgrund der Besonderheiten ihrer Strategie nicht zu einem Vollzeitjob machen. Wir möchten Euch einen Einblick in unser Portfolio aus dem FOREX Swing Trading geben.. Aktuell haben wir hier vier offene Positionen, von denen drei im Gewinn sind. Dazu sind zwei der vier Positionen bereits auf Einstand abgesichert, so dass wir hier kein Risiko mehr haben.Somit können wir die Trades entspannt laufen lassen, neue Positionen eingehen oder jederzeit einen Teilgewinn realisieren. Forex swing trading strategies. This strategy is good for any currency pairs & any time frames. Choose the best entry, exit method from your trading experience. Avoid signals within high impact news time. Use good money management. Practise in the Demo account until you get self-confident. Buy Rules . MACD Scalper should turn to colour Green; SR indicator should turn to the green dot; PZ Day ... Swing trading is a fundamental type of short-term market speculation where positions are held for longer than a single day. It can be used to trade in forex, futures, stocks, options, ETFs and cryptocurrency. This page will take an in-depth look at the meaning of swing trading, plus some top strategy techniques and tips. The benefits and ...

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Day Trading Trend Strategie Swing Trading lernen für ...

Pros and Cons of Day Trading Versus Swing Trading 1) Do you have the time to be a day trader? Can you operate with a screen in front of you most of the times? (although of course this also tempts ... What is the Best Timeframe for Swing and Daytrading in FX? http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE, SUBSCRIBE AND ... Day Trading versus Swing Trading in Forex. Subscribe if you want to learn while being entertained. Please like the video and comment if you enjoyed - it ... Learn Strategy Here: https://bit.ly/2MMsd9L You don't have to be glued to your screens all day to make a living from the Forex markets. If you find it hard t... Forex Swing Trading Strategies (4 Hour Chart Strategy) https://www.forexelite.com Forex Trend Strategie Swing Trading lernen für Anfänger deutsch Im heutigen Video zeigen wir Dir, auf welche Grundsätze man achten sollte, wenn man eine ... #DayTrading #SwingTrading #Trading Is Day Trading or Swing Trading better for YOU? This video delves into the pluses and minuses of each. Check it out! $1, 3... Sign up via my partnership link to use the broker I use to trade with Forex & Crypto - (Thank you) http://cpartner.bdswiss.com/visit/?bta=36813&nci=5979&camp... Day Trading Trend Strategie Swing Trading lernen für Anfänger deutsch In diesem Video gehe ich auf einen Trade ein, welchen einer unserer Studenten in de... Want the tools I made for MT4 & 5? Go here - https://www.theforexguy.com/download/ In this live trade video, I demonstrate how simple and lucrative swing tra...

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