DISCLAIMER
Trading is a high risk activity, protect your capital through the use of stop loss, making intelligent use of leverage and not investing more than you are willing to lose. The author of the post declines any responsibility for any losses incurred as a result of decisions made after reading this article. The information contained below is for informational purposes only. CFDs are complex instruments, therefore adequate knowledge is required before making any investment. Thank you for your kind attention!
DISCLAIMER
Trading is a high risk activity, protect your capital through the use of stop loss, making intelligent use of leverage and not investing more than you are willing to lose. The author of the post declines any responsibility for any losses incurred as a result of decisions made after reading this article. The information contained below is for informational purposes only. CFDs are complex instruments, therefore adequate knowledge is required before making any investment. Thank you for your kind attention!
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This is the best trade of the day here on forex trendy 15 minutes time frame watch the video until the end
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because i’m gonna give you a lot of information hello everybody welcome to my channel
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i’m back with another forex trendy episode today we’re gonna see what happened on
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forex market and on forex trendy i’m gonna analyze the
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15 minutes time frame i usually uh make videos on the five minutes charts but today i want to show you
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what’s happening on the higher time frames and uh which opportunities you can grab
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with this online tool before starting subscribe to my channel and enable notifications because i’m gonna upload
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more content day by day uh i’m very busy i’m a day trader so i do my best to make more videos
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uh day by day okay so let’s start yeah let’s go to the patent section and let’s start let’s see the first trade
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uh yeah we have the euro and the turkish lira um on the 15 minute time frame falling
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watch by signal break it 52 46 the price reached the 5993 level
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for a very nice nice profit a huge one uh the problem with the exotic pairs that
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you will find the huge or large spreads on the majority of the brokers so
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it’s up to you if you want to if you’re okay with latch with large spreads then go
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but oh i was uh forgetting before using any online tool you must have a strategy because
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these patterns are are good but are not perfect and this means that some many times
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sometimes you you’re gonna lose money especially if you don’t use stop plus stop loss is very important because you
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must save money to take the next trade and uh this way you can grow the account okay
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my golden rule is to trade less and trade better see what the price action is telling you
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and then according to your strategy decide if if it’s the right time to enter or not
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these online tools uh are gonna help you a lot because they will send you
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good signals a lot of the signals are going to be good but
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most of them are going to be good so use the stop loss guys okay let’s jump to the new zealand dollar and
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the japanean we have a flag cell signal break at the 64 [Music]
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20. the price reached the 6405 uh level and then you he reversed it and went back up upward and uh
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reached the 6450i level uh for me this trade was lost because uh many traders uh eat the stop loss okay
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then the price reversed again and uh fell down reaching the
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6383 you see why it’s very important to minimize losses because uh sometimes the price is gonna reverse and uh you’re
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gonna lose money okay let’s jump to australian dollar and japan
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we have a rising wedge so signal break at 67.82 another big trade because uh the pattern
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was not good especially when you see um the touching point um
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er on the bottom then it’s not a good sign okay because uh we can have it’s possible to have a
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bullish impulse in fact this uh breakout was uh not a good one okay
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in fact the price continued to climb reaching the 68 24 level so this was another loss
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before taking a signal you should look at the price action what the price action is telling you uh
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is the most important thing okay watch out when uh buttons are formed because uh
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it could mean that uh a reversal is imminent like in this case okay but uh if you if you want to know
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more about price action uh what to do in the and take the right decision
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i strongly advise you to backtest the market so you will have more data
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to analyze and adjust your strategy let’s jump to british pound and new zealand dollar this was a
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a nice trade because uh as you can see on the left of the chart we have a clear uptrend and then uh the market is uh
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taking a break uh the price is broke through the trend line a year at zero zero zero and reached
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the zero eight thirty three level so a very nice profitable opportunity here on the british pound and new zealand
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dollar so as you can see here if you uh choose your uh
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trades with the inaccurate analysis you will uh make more money and uh minimize your losses okay losses are
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physiological and uh you must accept this let’s jump to euro usd and we have a
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rising wage cell signal break at 0 860. another good signal as you can see from the um
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left of the chart we have a nice downtrend the price broke through here we had no
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hesitation after the first scandal uh closed another another one uh opened
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just below the previous one so the price touch of this 0802 level
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for another uh good profit like like 50 50 pips more or less then it depends on your strategy if you
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leave your uh trade open if you allow the market to to go you would have made more money but
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it’s up to you guys it’s up to you and your roots and strategies the price reached the 0 7 55
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level before uh jumping on this uh support zone here around 707 64. so another profitable trade here on
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the 15 minute chart let’s jump to australian dollar and canadian one
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we have a falling wedge buy signal break at 0 89.54 as you can see here the price action is
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not so [Music] clear we don’t have a strong upgrade but
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it looks like we have a consolidation lateralization phase in fact many times
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you can expect the price to reach the previous eye we’re talking about the heisen inside the
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pattern uh always look at the left uh side of the chart okay so we had the first breakout year at
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89 53 54. the price the price ratio the 8970 level i touched it many times before as
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you can see here okay then [Music] went back down here uh retesting this
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level around a very important support area at 89.18 then went back up
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at 1906 so as you can see it broke the previous level here i don’t have the full charge so
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for me it’s not a good signal but it’s up to you guys okay i wouldn’t have taken this uh the same
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out okay just because of the price action remember that
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those patterns are very good uh with a with a clear price action okay with a strong uptrend or downtrend
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and this tool is going to help you a lot but you have to to select
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the patterns with a clear price action let’s jump to the british pound and as we see
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as you can see here we have a flag sell signal break it 1984 let me find it here
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again for me it was not a good uh not a good pattern because the the touching point was uh the first touching
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point was here on this bottom i wouldn’t have taken this signal but
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then again it’s up to you i strongly advise you to backtest the market before uh
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opening any any position before using any strategy okay so this was a losing trade
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even though the price action is uh looking very good because as you can see we have very strong uh
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bearish inputs by the way uh the pattern was not good let’s jump to the australian dollar and
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the usd and again as you can see here on the left side of the chart we have a
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downtrend very strong one then a button was support and um an uptrend began okay
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and as you can see this battle was uh okay with this uh price action
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we have of course buy signal break at the 63 of uh 8 we had no hesitation on the price
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moved upward reaching the 6402 level it touches it three times and then
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bounce it back downward so i was bouncing on this resistance and
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started to fall nice 90 pips profit more or less so those are the opportunities here
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on the 15 minute time frame as you can see um as i stated at the beginning of
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at the beginning of my video this is why you must use stop loss and you must have a strategy but testing is
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important because you know how to um what to do in a specific
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market conditions um this is the most important thing guys of course this this tool is gonna help
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you to make money to make more money you have to add it to your uh existing strategies but uh you cannot
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trade without stop loss okay because uh i don’t know one two
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three four five six seven eight uh three or four losing trades and the other four three
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uh other fourth uh winning trades then if you understand that you have to minimize losses to
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gain more okay at the end of the day if you select the right signals you will make more
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money and uh lose less money this is this is the key to grow your account
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remember it those patterns are not perfect you’re going to make money but of course
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you have to protect your account okay because uh market uh markets are unpredictable it doesn’t
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mean that you cannot make the money as you can see where good profitable trades so if you
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wanna use forex trendy you will find a link below in the description
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tell me if you like the video leave a comment below and for today’s everything have a good
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