In this live forex swing trade we cover the management for USD/JPY trade. On this forex pair we looked to sell the USD against the JPY, as we saw the price action is clearly pointing out there is major downtrend. If price action is saying we have clear forex trend, we want to look for possible price action pattern after price bounce from major resistance zones.
If price action looks nice we want to look for clear forex swing trade, day trade or scalping opportunites, depends on your trading style and trading stratetegy, plan. This live forex trading video covers the trading mindset and trading management for our swing forex trade after price bounced from resistance and showed us bearish forex price action momentum.
Risk management and trading psychologys are major keys to stay consistently profitable forex trader. Check this live forex swing trade and management video to improve your trading process.
This USD/JPYforex swing trade is an live trading example how you can trade forex (or any other financial market) when the price is moving inside of range, and how you can find powerful swing trading, day trading or scalping trades, using 4 hourly and 1 hourly entries and exits.
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