Forex Trading: Basic Daily Chart Trading Strategy
Basic Daily Chart Trading Strategy
May 21th, 2017: In this Bali Forex trading & travel vlog, I explore the Kuta area in Bali (Indonesia) and do a technical analysis review for the week. I explain what I'll trade this week in Bali and the basic trading strategies I use. More specifically, as I travel, I use mainly a daily chart trading strategy that allows me to look at the chart only once a day.
The daily chart trading strategy I use is fairly simple. It is composed of price action indications along with trading it at the right area on a chart.
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.
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.