Search Users Articles About Forex Bollinger Band Swing Trading Strategies, How To Use Bollinger Bands in Swing Trading – with real trade example!.
FREE: The Complete Price Action Strategy Checklist: http://bit.ly/2wSHj8N
In this live video, I explain how I trade Forex using Bollinger Bands. I bring a recent trade example on USD/JPY and answer your questions on how to use Bollinger Bands in swing trading.
Additional resource videos:
– The trading journal I use: https://youtu.be/GyeFNCfomOA
– Tutorial to backtest in MT4: https://youtu.be/GC8vkzcjW2o
– Price action trading setups that work (interview): https://youtu.be/ZuIMzfHxxns
// About Me
My name is Etienne Crete (from Montreal, Canada). I’m a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
What you must know: I’m all for trading foreign exchange, but I think freedom is much more important than time spent in front of your computer.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That’s why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at.
// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
// You Might Also Like…
This Guy Tells You Exactly How To Trade Forex Full-Time And Make A Living! – https://www.youtube.com/watch?v=P6H6VHP5fX0
I Met Up With A Professional Trader Today (Invaluable Advice)! – https://www.youtube.com/watch?v=svkcsO2vzys
How To Create Your Forex Trading Strategy & Make It Profitable… As I Explore West Lake In Hangzhou – https://www.youtube.com/watch?v=Zb5X7k2JanY
Complete Trading Strategy With The Engulfing Pattern – Price Action – https://www.youtube.com/watch?v=WqTrn92CFBw
// All Products Used In This Video
Canon EOS M6: http://geni.us/9ZQgs
Joby GorillaPod: http://geni.us/QfjD
Editing software: Final Cut Pro (Mac)
AFFILIATE LINKS
Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn’t affect you in any way in the checkout process (I’m sometimes even able to arrange a discount for you that is special from other customers).
Forex Bollinger Band Swing Trading Strategies, How To Use Bollinger Bands in Swing Trading – with real trade example!.
Is Swing Trading Easy?
Swing trading is a wide term that consists of a range of temporary trading strategies in the stock exchange. However, even if swing trading is currently less complicated to implement, that doesn’t make it the most effective course of action. As a matter of fact, the evidence shows that swing trading can materially injure your returns.
Visual Analysis Indicator.
You can additionally have fun with the placement size as well as the quit loss level, while keeping the benefit: take the chance of the same. For example, in the foreign exchange scenario the rate needs to move 150 pips to reach your target. If you desire professions to just last a couple of days (so you can enter into even more professions) you might develop a strategy with a 30 pip quit loss as well as a 90 pip target. These professions will not last as long, so you can locate even more of them, and all else remaining equal, raise your revenue.
In the stock scenario over the rate needs to move $3 to hit your target. If you desire temporary professions, utilize a $0.50 quit loss as well as a $1.50 target (simply an instance– each profession is special as well as must be dealt with because of this). With the quit loss a smaller range from your entrance point, the placement size can raise, but your revenue remains the same assuming you stay with a 3:1 target simply a various method of generating it.
How Much Cash You Can Make Swing Trading
The revenue capacity in each scenario is just affected by account funding, as well as payments. Notification that all the percentage returns are really comparable for each and every market. Once you understand just how to trade, one market isn’t necessarily much better than an additional. It’s simply choice, as well as what matches you.
Your stats could be really different than the circumstances presented over. Based on your trial trading, put your own win price, as well as your own reward-to-risk proportion.
The circumstances are configuration so you just win a bit more than you lose, as well as your winning professions are just a bit larger than your shedding professions. In the real life, that is generally just how swing trading goes. Successful (as well as consistent) investors don’t try to hit home work on each profession. They trade an easy system that gives them a side (like over).
That is the most effective swing investor?
The globes finest swing investors in my viewpoint are: SuperTrades as well as Jason Bond. SuperTrades also known as Superman also known as Paul Scholardi is probably the highest possible earning swing investor worldwide. He trades small cap, low float supplies with a swing trading strategy that is simply mind blowing!
Maintain technique, maintain your victories a little larger than your losses, as well as aim to win 55%+ of your professions. Do this, as well as you can make a great additional revenue from swing trading as well as possible a comfortable revenue when your account is large sufficient.
Winning 60% of the time is not as very easy at it appears though, as well as you might not have the ability to locate 5 valid professions per month in all market problems.
Anticipate difference in your revenue from month to month, as your month-to-month revenue will oscillate over as well as listed below your standard.
Search Users Articles About Forex Bollinger Band Swing Trading Strategies.
