How to AVOID LOSING TRADES | FULL TIME TRADER A+ Setup TIPS | Forex Correlations | RMR Strategy
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🎄What's up everybody, hope you and those you care about are healthy! Many of you guys asked for content on FOREX so here you go. In this video I go over correlating markets in FOREX pairs to help you avoid losing trades. Finding opposing objectives on a correlating market can help you avoid low probability setups ON THE OTHER HAND, finding non-opposing objectives on a correlating market can help IMPROVE the probability of your trades. I'll also show a couple backtesting examples at the end with a cheeky execution ;)
Chapters:
0:00 Hope you're healthy
0:35 RMR Pattern of losing trade
1:45 Reason #1
2:40 Reason #2
3:15 What I put in my journal
3:58 Short important message
5:05 Reason #1
5:43 Reason #2
6:05 Short important message again
7:15 NASDAQ FOMC (No execution)
7:58 USDCAD FOMC (Cheeky execution)
9:00 Take care everyone
Quote of the day: "The biggest risk of all, is not taking one."
Thanks for watching everyone.
Take care, peace.
#forex #daytrading #rmr
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