I Tried Forex Day Trading for a Week (Complete Beginner)

Zero to Making 0k Per Month at 18 | My Story:

Justin’s Forex Channel:
https://www.youtube.com/user/JustinEqualsTime

In this video I tried getting into Forex Day Trading as a completer beginner for one week straight. To do so I watched a lot of how to day trade forex tutorials as well as referring to babypips. After having a call with someone who is an experienced Forex Trader and makes a full time online income from Forex, I was told to look into a Forex Day Trading strategy called Divergence. This strategy was beginner friendly and fairly easy to understand, however, I only got to incorporate it once in my day trading. My other trades were based on identifying patters on the price graph and then referring to some indicators. After completing this video I realized that there is money to made with forex day trading, however it is very risky and is different from starting an online business. Although Forex is done online, it’s not a passive form of income as you constantly have to be monitoring the charts. This video is for entertainment purposes only.
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Too often new traders come into the market without getting to know the most fundamental components of foreign exchange and how currencies work.

So we decided to make a video that explains the first things traders need to know in an easy and accessible way. Demonstrating them in the Trading 212 app, trading expert David Jones guides you through the meaning of the first terms and actions that you’ll come across. These are always at the base of the skills all knowledgeable traders have and need to take on the markets.

At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.
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In this video, I show traders my performance in the Forex Robot Nation VIP signal group for the past month. I analyze bad signal providers, go into client reviews of my service and show the strategy.

We use a trend following approach, and make sure that our technical analysis is always on point.

I hope you enjoyed the video, and that you keep watching every week!

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Resources

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Disclaimer
I am not giving any financial advice in this video, it is purely for education and entertainment. Past profits do not guarantee future profits.
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Audio used

California by Soyb & Amine Maxwell


Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: https://bit.ly/syb-amine-california
Music promoted by Audio Library https://youtu.be/aXCwXsa2T4E
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Video used

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https://aryatrader.com/robots

Real-time foreign exchange rates are given in live stream. The green boxes at the bottom show the
currency pairs that are rising and the red ones show the currency pairs that are falling.
H: (High) Highest rate of the day – The number next to it shows the difference between the
opening rate of the day and current rate in pips.
L: (Low) Lowest rate of the day – The number next to it shows the difference between the opening
rate of the day and current rate in percentage.

RoboID is the identification number of each robot. You can enter this identification number in the
search box on Arya Trader website and see the trading history and all details of the relevant robot.
Blue Signal: Indicates that the robot that has been given an ID number with RoboID has opened a
Buy transaction.
Red Signal: Indicates that the robot has opened a Sell transaction.
The profits or losses are not visible in transactions. You can view all transaction history and
statistical information via website.

In the Right Column,
The time of the live stream is given according to Greenwich Observatory (Greenwich Mean Time).
The buy signals of the automated trading robots during the day are displayed in percentage. Blue
is the proportion of the buying transactions compared to the total transaction and is indicated in
percentage in the circle. The part indicated in red is the proportion of sell transactions compared
to total transaction.

Attention: The proportions given here are not only the data of the robots earning, but also the
data of all forex automated trading robots.

Supported forex currency pairs: EURUSD, GBPUSD, EURGBP, AUDUSD, USDJPY, EURJPY, USDCAD
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Time Stamps:
What is a pip? – 10:40
What is the value of a pip? 27:00
What is leverage? 45:00

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Full Strategy Videos –
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5 – Wick Rejection Entry Video – https://youtu.be/J1JmNaqLzNM

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Enjoyed this video? Check out more videos about predictive analysis:

The #1 Trend Trading Technique Of All Time:
https://www.youtube.com/watch?v=rWOwM…

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The ULTIMATE beginners guide to Price Action Trading:
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Using structure to Defeat the markets:
https://www.youtube.com/watch?v=bHTwS…

How To Do Technical Analysis:
https://www.youtube.com/watch?v=cPDea…

Top 2 Best Currency Trading Indicators:
https://www.youtube.com/watch?v=cvGBj…

*****
In this video, Steven shares some advanced structure trading techniques for the Forex market and a few key steps to building a Forex trading strategy.

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BIO
Steven Hart –

Steven was recognized as a top 30 Trading educator on YouTube by the very critical feedspot.com.
Link – https://blog.feedspot.com/trading_you…

He became a self-made professional trader at 20 years old. Today he is the “Honest Trading Coach” to hundreds of thousands of traders around the world.

He is the founder and CEO of The Trading Channel.

For over 9 years Steven has studied the science of trading and psychology. This combination allows him to not only be an incredible trader, but a very understandable teacher as well.

He has developed numerous rules-based trading systems and strategies that are used by top traders around the world.

Today, Steven is on a mission to help 1,000 traders become independently profitable over the next 12 months. Will you be one of them?
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OTHER LINKS:
Intro music provided by – https://www.youtube.com/user/ThisIsTh…

Song link – https://www.youtube.com/watch?v=2Ax_E…

Outro music provided by – TULE – Fearless pt.II (feat. Chris Linton) [NCS Release]

Song link – https://youtu.be/S19UcWdOA-I

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