Best FX Trading Strategies (THE Top Strategy for Forex Trading)

The best FX trading strategies out there aren’t some magic indicator, some weird hack, or quick little tip. Stop looking for those, …

94 COMMENTS

@jaysonmaloloy-on6924
@jaysonmaloloy-on6924
2024-07-09

the moment you said "our enemy is bigbanks" that's the time where you lose all the credibility to talk and teach and continuously spread BS nonsense teaching.

Why would you fight bigbanks if you can ride with them, wait for a pump(big banks presence) and just wait for pullbacks because banks are giving discounts (aka pullbacks) for others to be able to jump in.

@Tidemann444
@Tidemann444
2024-06-30

I'm building a funnel for a company that sells aggregated sentiment data from banks and retail in order to trade like this

What I need potential customers to understand is what you explain in this video

Would you be opposed to linking to your video in the landing page? I will not signal affiliation with your page, but I think you explain really well what our product is built on

@alanrice7410
@alanrice7410
2024-06-17

A major strategy of the big banks is to target where there are large clusters of stop orders. However, it is very common for people to cancel their stop orders once they see their forex pair is close to hitting the stop loss because they don’t actually want their stop orders to get executed. I have done this myself although it is very dangerous. Could it hurt the big banks if a large percentage of the forex players were to cancel their stops just before the market hits their stop loss orders?

@shawnclark732
@shawnclark732
2024-06-17

Aren’t the banks mostly competing with each other? That’s where the big money is. Retail isn’t moving trillions each day.

@zedkenners
@zedkenners
2024-06-17

you keep on going and going everyday thinking hey i feel like i am finally figuring this thing out, then you realize you don't actually know shit

@robenesalmeida6428
@robenesalmeida6428
2024-06-17

Institutional trading is far from being as simple as you say. RETAIL IS INSIGNIFICANT COMPARED TO THE FINANCIAL VOLUME IN WHICH INSTITUTIONALS OPERATE, AND GIVEN THIS ASPECT THEY FIGHT AMONG THEM FOR THE BEST PRICE. AND IT'S WORTH MENTIONING HERE THAT THESE GUYS HAVE THE BEST MINDS ON THEIR TEAMS, THEY ARE BETTER INFORMED PLAYERS. THEY ARE NOT WORRIED WHERE THEIR STOP IS. NOW WHAT WE SHOULD REALLY THINK IS ''WHY ARE YOU BUYING THIS CURRENCY AND SELLING THE OTHER? WHAT IS THE RATIONAL BEHIND THIS? AND THIS WILL LEAD TO THE FUNDAMENTALS... BECAUSE THEY TAKE LONG BUT THEY DON'T FAIL! THE DECISIONS OF THE BIG PLAYERS ARE BASED ON MACROECONOMICS, GEOPOLITICS, THE MOST IMPORTANT ECONOMIC INDICATORS, ALL OF THIS AND A LITTLE MORE, EVEN HFTS AND MATHEMATICIANS, MINUS THIS FALLACY THAT THEY CREATED ICT LOL

@user-ps9bc4gn7r
@user-ps9bc4gn7r
2024-06-17

VP has an interesting concept regarding BIG BANKS and how they move FX market. However it is not 100% accurate. Do I, as a trader, have direct access to interbank market? NO, I don't - only banks and some brokers have access. So when I (we) loose money, my market maker broker get that money, not big banks. If so, why Bid Banks will act like VP suggested?
The only exception is when somebody has ECN broker. When you trade with an ECN broker, your orders are matched with other market participants rather than being dealt with by the broker itself. In this setup, the counterparties to your trades can include other individual traders, institutional traders, and liquidity providers in the interbank market.

@HOBsRanch
@HOBsRanch
2024-06-17

This is the best Forex channel ever. Indicators are just BS if you don't even control the price.

@dennisjasonbago3659
@dennisjasonbago3659
2024-06-17

in this case always check the retail sentiment. If you see the majority are short and very few is long then go with long. same for the short if majority are long and very few are short. go short

@JosephGelis
@JosephGelis
2024-06-17

I read where VP is legend! You won't get any arguments from me. This is much in the spirit of what A.L. Williams once said (I believe), "watch what the masses do and then do the opposite". This is a bit different, but not that different.

@romandoydora2694
@romandoydora2694
2024-06-17

Did stop loss for each trader for this currency
worked at this time? If I have $ 10,000 fund and set $1,000 as stop loss amount, was the 10,000 lost or only 1,000? Appreciate the feedback.

@gtx2083
@gtx2083
2024-06-17

You mentioned ict in this video, and recently he was proven to be a scammer, what are ur thoughts abt that?

@TradeWithAI_KC
@TradeWithAI_KC
2024-06-17

I think it's my 10th time watching this video in 5 years. I learn something new every time . I remember this is the first video I watched back in 2019 and it was the moment everything clicked. The rest is history.

@alanrice7410
@alanrice7410
2024-06-17

In your videos, you said that the big banks will go short when the majority is bullish and long when the majority is bearish. If the majority is bullish on a currency pair, the big banks could push the price even higher and get a better entry for their shorts. If the majority is bearish on a currency pair, the big banks could push the pair down even more and get a better long entry. How does it make sense for the big banks to do the opposite of what the retail traders are doing if they could get a better price on their trades by going with the retail traders?

@alanrice7410
@alanrice7410
2024-06-17

I back tested the Eur/cad and Eur/Aud for five years measuring the volatility for the past 60 monthly candles. I measure from the high and low of each candle to come up with a percent. The average monthly volatility for Eur/Cad was 3% and Eur/Aud was 3.8%. The Eur/Cad did not have any monthly candles that were out of the single digit percents but Eur/Aud had about 2 monthly candles above 10%. With Eur/Aud, when I took out the two highest values, the average monthly volatility dropped from 3.8% to 3.4%. Do you like Eur/Cad or Eur/Aud more?

@BillGraper
@BillGraper
2024-06-17

I only trade on Nadex. My problem is when I do an iron condor, price breaks out on one side right before expiration. If I do a straddle, price doesn't move far enough. They price their binaries based on expected move, so it's a lot like betting on the line in sports. There's never a real advantage.

NEWS is actually great on Nadex, doing straddles. As long as the reports are off of expectations, you can win. Last Friday's NFP report was GREAT to trade straddles on Nadex. You can't lose more than you put into the trades, and you go both directions on OTMs.

Bottom line: I don't ever trade on platforms where you can lose your shirt on one trade. For me, it's Nadex or nothing. As soon as I iron out the kinks, I'll win a lot more than lose. I think news is the best to trade on Naddex.

@samircampos4518
@samircampos4518
2024-06-17

VP, could you make a video about hedge and long-short? I feel its a inportant strategy that people dont talk about it

@dibsonevrthn511
@dibsonevrthn511
2024-06-17

This is what’s currently being discussed in SouthAfrica as we just found out the ZAR has been getting manipulated for the past 10 years. Shout out VP

@annemorrison9922
@annemorrison9922
2024-06-17

You are not a professional. No professional trades like this. The spread is huge and market makers pull their bid and ask from the market. Dangerous trading.

@navketan1965
@navketan1965
2024-06-17

Sir,Do you recommend triangular forex trading eg– gbp/jpy gbp/usd, usd/jpy– sell overbought pair and buy oversold pair ONE BY ONE say based on 15 minute chart using cci reversals (at +100 cci or –100 cci levels)over and over again.Keep triangle balanced for risk control and if one leg is unbalanced use stop loss only on THAT LEG .Thank you

@Marangicreation
@Marangicreation
2024-06-17

ICT is a scammer, made his money from selling courses not from trading. I like you but man .... do not talk about ict pls

@nm6287
@nm6287
2024-06-17

Great. VP,, Do you know ,if exist sentiment report for cryptomarket or any indicator , thank you VP , you are the best

@avbyben
@avbyben
2024-06-17

So,if FX major pairs being manipulated,should we trade stocks?As in order for big banks to manipulate stocks they have to buy/sell big amounts of stocks,which are very liquid. Also,what about NASDAQ/US30/US500? As I can't see how these can be manipulated.

@yijanhung
@yijanhung
2024-06-17

Your ideas/videos have been giving me huge help for my trading stocks for these years.
And I’m so surprised you still stamp a heart to the message the watchers leaves.
Big big thanks from Taiwan………..wish you all good.

@n8t4short
@n8t4short
2024-06-17

ill rather watch this then netflix
thank u for the 2 years i`ve been watching u
i`ve imporoved

@louaimajor7070
@louaimajor7070
2024-06-17

they dont need our liquidity. the big banks , deep pocket institutions trade amongst each other we just happened to be steam rolled in the process. where was our so called retail liquidity befor the advant of retail traders 10 or 15 years ago before accesibility to the market.

@a1pwn
@a1pwn
2024-06-17

Whats funny is that everybody knows people lose money in crashes. But nobody wonders to who :O

@alanrice7410
@alanrice7410
2024-06-17

There was a time when the margin requirements for the major currency pairs in the US was only .25%. Then it went up to 1%, then 2%. Now only a small number of currency pairs are at 2% like Eur/Usd and Usd/Cad. Most of the pairs like Gbp/Usd, Eur/Jpy, Gbp/Jpy and Usd/Jpy are at 5% margin requirements. The claim was that it was to protect investors, but I don’t buy that for a second. I think the big banks got together and influenced the US government to increase the margin requirements to keep the retail investors and small money investors from growing their accounts too fast and limit any competition. What do you think the real reason was for the margin requirement increases on forex trading in the U.S? Do you think this was influenced by the big banks?

@wildlyfe3990
@wildlyfe3990
2024-06-17

Dailyfx now has a strange message on it, I’ve been using it for 4 years now for the index but now it says you cannot continue unless you’re NOT a US resident. Very strange

@alanrice7410
@alanrice7410
2024-06-17

A bunch of retail traders got together and caused the large institutions to lose billions of dollar on GameStock by pushing it up and giving them the middle finger. Could something similar happen in the Forex market where the retail investors overwhelm the big banks like the GameStop investors did to the big institutions?

@albertsaxen8309
@albertsaxen8309
2024-06-17

Some brokers ie. FXCM did have neg balance protections; or maybe they implemented in the aftermath I actually saw that move happening ..w/out knowing the true extent or reason behind it at the time (lotta f-bombs :p flew around the trading floor); it was gradual ; not a flash ..

Yea, it's debatable whether dumb money is dumb anymore ..they are pretty sophisticated these days ..

@fatsoaok6749
@fatsoaok6749
2024-06-17

Once you understand the NNFX way of trading and you start opening multiple trades of different currency pairs, you will LITERALLY see this phenomenon happen right before your eyes on your MT4 platform. This video makes you realize that in the end, banks are letting you win because you had the DISCIPLINE to not relinquish, you can't beat the banks but you can let them know you won't let them win too

@fatsoaok6749
@fatsoaok6749
2024-06-17

What I see on my whiteboard Everytime before I start trading:

DONT BE LIKE ZAC! TRUST YOUR SYSTEM, ITS ALWAYS YOU VS THEM

@reasonrusfromme9731
@reasonrusfromme9731
2024-06-17

Very honest views on trading. I traded US30 and made $30k in 2 hours by doing scalping. Risk management is the key, particularly for scalpers. As soon as your trade is bad, exit immediately and look for another one, the rule for scalping is not to wait for thinking the market will turn to your favor, it won’t. Go with the big moves. Also please don’t use too many indicators either, they will only confuse you. Moving averages won’t help scalpers.

@MichaelRinggold
@MichaelRinggold
2024-06-17

So what your saying is; watch all the youtube videos out there on price action and how to choose long or short. When you've developed a strategy from everyone's instruction to indicate whether you should trade long or short, just do the exact opposite and you'll make money along side the banks? ooooooh sounds promising; let's goooo!

BTW: You said finding the right indicator is worth its weight in gold? How much do indicators weigh?

@bodhimantra7688
@bodhimantra7688
2024-06-17

I've heard these kinds of claims before but never heard any people spouting them source any of it. Markets move because of supply and demand. There isnt someone who is just drawing the lines on your chart by hand on their computer that is sent out for you to watch draw in real time on your chart at home. This video is garbage

@zedkenners
@zedkenners
2024-06-17

i just checked dailyfx and MY GOD i am mortified by what i am seeing, this whole forex thing is just a big giant robbery isnt it?

@jakey1917
@jakey1917
2024-06-17

I have no idea why this channel doesn't have over 1 million subscribers. Like seriously, I feel back for everyone missing out. This channel's very underrated imo

@GodlyTrading
@GodlyTrading
2024-06-17

Rewatched this recently and still have one major question: You say that the Big Banks manipulate price to take our money, and I don't disagree. The thing I've never understood is how they get MY money? When I lose on a trade, OANDA is on the other side of the trade, not Goldman Sachs. So how does hunting for my stops benefit Goldman instead of OANDA?

@razorrob2959
@razorrob2959
2024-06-17

So i watched a video by the prop firm i use currently and i think youll get a kick out of it. So they had this gentlemen by the name of paul scott come on and claim the exact opposite of what youve told us. All i can do is continue what youve taught me lol.

@alanrice7410
@alanrice7410
2024-06-17

In your video, you said that you don’t want to be popular because the big banks go after the popular kids. You also said that dollar pairs are where the popular kids hang out and that Eur/Usd is the most manipulated pair by the big banks. You recommended trading non dollar pairs. Eur/Aud is a pair that is much less traded than the major pairs so according to your theory, the big banks would tend to leave this type of pair alone. However, when you trade this pair, you are basically trading Eur/Usd and Aud/Usd in one pair. Eur/Usd is the most manipulated pair, so if the bank banks push Eur/Usd up or down that should highly affect Eur/Aud where the popular kids do not hang out. A pair like Gbp/Nzd is another pair that is less trades where the popular kids do not hang out, but it is essentially a combination of Gbp/Usd and Nzd/Usd. Gbp/Usd is the third most traded pair and heavily correlated to Eur/Usd. So if the banks decide to mess with Eur/Usd or Gbp/Usd, that should greatly affect Gbp/Nzd. How does avoiding popular pairs provide protection from the long arm of the big banks when a non dollar pair is essentially two dollar pairs combined into one cross pair?

@lahirudilanka7639
@lahirudilanka7639
2024-06-17

thank you very much for this knowledge which you sharing. this will be help me a lot. this knowledge worth like gold. then we should defenetely watch the second video you made about big banks. otherwise it is not complete knowledge.

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