3 Tactics To Avoid Getting Stopped Out By Spikes | Forex Trading
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In this Forex trading vlog, I discuss 3 of my favorite tactics to avoid getting stopped out by spikes in the Forex market. Vlog #205
The 3 Simple Tactics:
1. Avoid Trading Before Important Speeches
2. Use An ATR-Based Stop Loss
3. Have A Re-Entry Strategy For The Trades You Miss
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// 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.
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// All Products Used In This Video
Sony a5000: [ Ссылка ]
Joby GorillaPod: [ Ссылка ]
Editing software: Final Cut Pro (Mac)
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