Watch me trade GBPCAD live with my students. I break down the market structure, the approach, thought process, mindset and management from start to finish. This trade took place on the 10/05/2019 and worked out exceptionally well.
Trading the Forex market requires a lot of patience and discipline. But with the right strategy and understanding, the results can be amazing.
If you want more actionable Forex trading tips and strategies, go to:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.