This video talks about key psychological levels in the forex market. This is one of the support/resistance strategies I use as an Intraday/Swing trader and I hope you guys can benefit from watching it! I use GBP/USD and it's levels as an example. When you get a chance, backtest a few pairs on a demo account and see how you can apply this style of trading to your game!
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#Forex #DayTrading #PsychologicalLevels #ForexTrading #KeyLevels
DISCLAIMER: I am not a financial advisor. The videos on my channel are for educational and entertainment purposes only. This channel demonstrates how I invest and day trade, but does not suggest that a viewer of this channel should use any particular strategy. Investing of any kind involves risk, and past results are no indication of future performance. Your investments are solely your responsibility and not mine. While day trading can bring serious gains, it can (and often does) also bring a likelihood of serious losses! If you decide to invest, make sure you do your own research to fully understand the commodity class and the operation of the market before doing so. You could sustain a loss excess of your initial investment and therefore should not invest money that you can't afford to lose. The fluctuation of the market can work for you or against you. You should carefully consider your investment objectives and experience before deciding to trade in the market. Again, what you invest in is solely your responsibility. Videos and written descriptions are © 2020, Christopher Williams, all rights reserved.
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