Forex trading is a great way to make money but it can also be overwhelming for beginners. This is because traders use many different strategies to trade currencies, and it can take time to know where to start.
Forex Trading Strategies
With over a decade of trading experience, I’ve honed a strategy focused on price action and candle patterns in their simplest forms. I demonstrate how to execute quick trades using smaller time frames, avoiding unnecessary complexity that often plagues early learners. My ultimate goal is to showcase how easy trading can be with a basic, yet effective simple strategy.
Supply and demand with a hint of scalping strategy
Supply and demand is very similar to smart money concepts but has its own little twist to it.
Supply and Demand: The driving force behind changes in price.
When there are more buyers or sellers in the market this will mean we are looking to sell down to a demand zone and buy up to a supply zone.
We mark out larger zones with S&D which gives us that little bit more breathing space if you like compared to a very thin line which other strategies may use making supply and demand trading more relaxed in our opinion as you have a “bigger area” to play with and allows the market to show you its hand before we gather our confirmations and confluences to take the trade.
All of these factors are taught to you in our course and on a twice weekly live zoom session.
One of our traders interlocks scalping within S&D zones as you get a strong reaction from these areas on the smaller time frames such as the 1m/5m/15m and 30m. Scalping is a great way to be in and out of the market very quickly if you are a very busy or impatient person. Its vital to identify how you are as a human which will help you decide what kind of trader you want to be.
Come join us to learn how we execute all of this on the charts!
Smart money concepts / bankers strategy
Smart Money Concepts/Bankers (SMC). Is a trading style that identity’s how and why the money in the market moves the way it does. Acknowledging how the big market sharks like the banks move the money around and capitalising on how they do this.
With this you can set alerts on chart and wait for the price to come to you while you get on with your day to day activities! This can be done on all time frames from the daily all the way down to the 1 minute.
With 3 live sessions a week you can come and see how we trade this strategy live in front of you and interact with us as we tackle the forex market together.