DislikedWhat are the key principles of risk management in forex trading, especially considering the influence of central banks and market sentiment? How do you determine risk-on or risk-off conditions, and how does it affect currency flows? What impact could the Italian referendum have on forex markets, considering both fundamental factors and technical indicators?Ignored
WWW.AVIELFOREXLEARNINGEDGE.COM
https://finviz.com/news.ashx?v=2
https://finviz.com/futures_charts.ashx?p=i5&t=YM
Please sign up for our 90-day Forex Trading course by sending E Transfer of 125.00 Canadian dollars to Tobyruth11@gmail.com
"Trader", does not mean that the sole objective is to make money. The moment you come with money-making as the sole and only objective, you are out of the game anyway and part of the larger crowd which is unsuccessful
Do things that can identify you as a professional trader - learn the process, understand and follow risk management and position sizing. Be disciplined and understand that trading is a long haul.
Each day around 8:30 AM to 9:30 AM Eastern Standard Time, I determine whether we have RISK ON or RISK OFF.
No indicator can do this just as no technical indicator can effectively predict what will happen moment to moment as one MAJOR fundamental fact whether GEOPOLITICAL or FINANCIAL or now SUPPLY CHAIN or some New Covid 19 variant can cause the markets to go down 500 points as the Dow 30 has been doing recently and will continue to do.
That is why my Unique Method of Forex trading developed in 2003 when I started trading Forex and later on during 2012 when I added to my business model and started teaching my unique 100% proven method of Money Flow trading.
It is no longer possible to trade without a STOP LOSS.
Having a STOP LOSS of fewer than 100 PIPS is not a good strategy. That leads me to explain why most of the 95% of all Retail Forex Traders lose. They trade with small amounts of money and SCALP which makes it almost impossible to make profits over one year because of the VIOLENT NATURE of the swings in the Asset Classes caused by world-changing events.
Each Forex Trade that you do should not risk more than 2% of your trading Capital and that is based on trading Capital of $50,000 US Dollars, INITIALLY learning on a $50,000 US Funds Demo account just as I did for three years before I made my first Real Funds Trade on March 9, 2006, 18 years ago.
PLEASE GO WITH THE MONEY FLOW
Let us review what we teach and why it works if YOU WORK.
Without your WORK then you are just wasting your time and probably your money.
There is no such thing as Political Correctness here because we are here to teach and share our knowledge.
SO.... going back to our winning FORMULA for FOREX SUCCESS.
20% of the SUCCESS is yourself the Forex Trader.
20% of the SUCCESS is your EDGE which we teach you and that is Money Flow Trading.
20% of the SUCCESS is control of your RISK (Your hard-earned money) Our UNIQUE RISK MANAGEMENT allows you to trade without worry, fear, and greed. Of course, we want to make sure that you have the right qualities to be a winning Forex Trader so our course is for three months, so we can teach you the right trading methods we can see your results and make adjustments without your FEAR OF LOSS of Real Money.
20% of the SUCCESS is using and understanding the USE of Technical Indicators which include not only the common ones. It includes the understanding of Supply and Demand. Support and Resistance and the use of Pivot Points which you can see each day on our daily charts that cover ALL our Trade Plans which we also help you develop and explain WHY. These are our Winning Trade Plans that we review every three months or earlier if circumstances in the markets require that.
20% of the SUCCESS is the FUNDAMENTALS, which are much more than Data released each day around the world. It includes reports and articles extremely well researched as you can see from this article that explains why the TREND in the Equity Markets especially in North America is DOWN. By understanding the difference between PERCEPTIONS (MARKETS) and REALITY, you then have a good handle on REALITY before the MASSES do and you are not surprised when events eventually unfold.
When successful traders aren't trading, they are researching, developing, and innovating. When unsuccessful traders aren't trading, they're staring at screens and forcing trades. There is nothing better for trading psychology than being at the cutting edge of a growing business.
Quoting perfectionis
What are the key principles of risk management in forex trading, especially considering the influence of central banks and market sentiment? How do you determine risk-on or risk-off conditions, and how does it affect currency flows? What impact could the Italian referendum have on forex markets, considering both fundamental factors and technical indicators?
Here is the answer to your excellent questions.
To be even more specific to your questions here is more information for you. Today we will probably have a RISK OFF Forex trading day. There is NO GOOD news out there and no major news scheduled to come out at 8:30 AM. The European markets are all down. The FED spoke out yesterday again about not cutting rates anytime soon.
If you want to call me and discuss it further I offer direct contact by calling me at 1 819 275 7780. Thank you. Please sign up for my service for all of June, July and August 2024 by sending a Bank E Transfer in Canadian funds to [email protected]
We believe in a hands on approach at a more than reasonable cost for a most comprehensive service.