How to Trade News in Forex Trading (FOMC, NFP...) Step By Step Trade Recap

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  • Опубликовано: 22 май 2024
  • In this video, I share how to trade news in Forex trading, including a clear process to trade news whilst managing risk. I also share a step by step recap of a winning trade taken during FOMC news release.
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    - TIMESTAMPS -
    0:00 Intro
    1:02 5ers prop trading account update
    2:18 Step 1- News calendar
    3:49 Step 2- Market structure
    5:29 Step 3- Plan the trade
    6:33 Step 4- Watch reaction
    8:07 Step 5- Set trade orders
    10:52 Trade evaluation + notes on trading psychology
    12:00 5ers prop firm
    I started day trading stocks with Warrior Trading in July 2018.
    Since then, my trading journey has led me to day trading Forex where I continue to develop as a profitable Forex trader.
    I hope you enjoy!
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    You will like this video if you are interested in:
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    Emily
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    // DISCLAIMER
    This video is for entertainment and educational purposes only. I am not a financial advisor and I am not telling you where or when to take a trade. I express my personal opinion only. Trading financial markets involves risk. I am not responsible for any losses incurred due to your trading. I do not recommend any specific trade or action, and any trades you decide to take are your own
    #forextrader #tradingnews #forexstrategies

Комментарии • 18

  • @Trading_Angel
    @Trading_Angel 20 дней назад +2

    Great video! I love news days, they are the best days. You did well to catch this one though it was particularly difficult 📈🥂✨

    • @MindfullyTrading
      @MindfullyTrading  16 дней назад

      Hey Caroline, thank you! ☺️ Hope everythings well with you 🩷

  • @roinek2817
    @roinek2817 20 дней назад +1

    great entry compounding on a winner, always appreciate your transparency.

  • @Matt-rw9py
    @Matt-rw9py 20 дней назад +2

    Hey Emily, very cute explanation. Lovely, thank you! I'll stay tuned for more. I love you explain all the way from beginning till end. Thanks a lot!

    • @MindfullyTrading
      @MindfullyTrading  16 дней назад +1

      Hey glad you enjoyed it, thank you 😀

    • @Matt-rw9py
      @Matt-rw9py 16 дней назад

      @@MindfullyTrading Yes I did, thanks Emily ☺

  • @rocky-Lx
    @rocky-Lx 13 дней назад

    Hi Emily, could you pls provide the link to the lot size calculator you use for the different forex pairs? Thank you.

  • @BreakThroughTrading62
    @BreakThroughTrading62 19 дней назад +2

    Hi Emily, good Trading. I must admit I find it too unpredictable to Trade the News. Glad to see you are doing well😃

  • @Johndoe-qn9jr
    @Johndoe-qn9jr 13 дней назад

    Hi what other news are tou tradimg and how do yoi know if they wiöö be good to trade with spreads and slipage ? For example the morning gbp news today ? Thank you

  • @123loreni
    @123loreni 19 дней назад +1

    If you trade bigger size you usually close it right into strength not feeling the need to trail it...

  • @ElizaAku-cx2ru
    @ElizaAku-cx2ru 11 дней назад

    Hi, please do you still you Oanda broker? if not which broker do you use and recommend for UK base?; thanks.

  • @Johndoe-qn9jr
    @Johndoe-qn9jr 20 дней назад +1

    Hi did you also trade NFP today ? Thank You

    • @MindfullyTrading
      @MindfullyTrading  16 дней назад +1

      Hey no I sat out of that one, protected my profits. I find nfp spreads very choppy 😏

  • @saadahmed1173
    @saadahmed1173 20 дней назад +1

    I'm algerian and I bet you are mediterranean and you can do your DNA testing...