Desire To Trade Podcast | Interviews with Highly Successful Traders2 Nov 2016

064: The Guide To Forex Trading Strategies – Part 2

The Guide To Forex Trading Strategies - Part 2

Show notes: http://www.desiretotrade.com/guide-to-forex-trading-strategies-part-2/

In episode 64 of the Desire To Trade Podcast, I decided to discuss a very popular topic: defining a trading strategy. I recorded a 3-part Guide To Forex Trading Strategies so we can set you up with a plan as soon as possible.

Part 1 is available here!

I've seen a lot of traders trading with absolutely no plan expecting they would succeed, so I want to make sure I address this topic.

In fact, you've probably already heard the saying "trading is simple but not easy", right? Well, it is when you have a plan and a strategy to execute on.

I agree that executing on that plan will be the hardest part, but we have to cover things step-by-step here.

In Part 2 of the Guide To Forex Trading Strategies, I'm explaining how to trade in a sideway market. That is where I do most of my trading. I explain how you should go about trading breakouts and reversals and the type of indicators I use to trade in that environment.

Resources

One book to read: Stan Weinstein's Secrets For Profiting in Bull and Bear Markets
The Exclusive Lesson: Understanding The Market

DesireToTRADE's Top Resources

DesireToTRADE Forex Trader Community (free Facebook group!)
Complete Price Action Strategy Checklist
One-Page Trading Plan (free template)
DesireToTRADE Academy

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