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How I do Forex Trading || Broker For India || Anish Singh Thakur || Booming Bulls - YouTube

Channel: Booming Bulls

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Hello everyone!

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My name is Anish Singh Thakur

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And there are very few subscribers of mine of those who do forex trade

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or who want to do or who have very much interest, but there are.

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And sorry I did not put up any content for you all

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because I couldn’t tell any broker only to you all for forex in India.

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But right now a broker has come to me,

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Broker has not come but I have researched in India

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from many people, from my friends who are already doing

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And where does the money go timely, come,

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things will be there so I will share with you.

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But only sharing the broker is not my aim.

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My aim is basically to share a strategy with you all

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that how to trade forex,

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How to in forex we will have to trade.

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Alright? How to in forex we will have to trade?

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So let me start for you all,

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First of all, see, make a watch list like me, ok?

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Make a watch list in which you will write the name as “Forex”.

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And in this way you will have to put the pairs, ok?

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The ones which are major pairs ok? – EURUSD, USDCAD, GBPUSD

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In this way you put the major and minor pairs, alright?

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And also put some cryptocurrencies which you like, ok?

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So after putting all these things,

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you will have to come to charts.

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Will have to come to charts and first of all

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what you have to do is that you will have to open a big time frame.

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You will only keep two indicators working, 50 moving,

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Let’s do one thing, let’s not do indicator trading today,

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Let’s today only do price action based talks today.

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First of all, will have to come on 4-hour time frame.

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After coming here, you will have to try to understand an overall trend,

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That an overall trend which is

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there in Euro/ USD

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it is becoming a downtrend ok?

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Whatever type of downtrend it becomes, we know that in a market

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in a market after a fall comes, a pullback

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or consolidation comes,

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Then after one comes a pullback for sure,

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then after a move comes, a small pullback,

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then after a move comes, a pull.

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Market is always working like this, like this only.

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So your work is

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to make a philosophy

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First of all, the market always moves in this manner,

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otherwise market will move in either this or this manner.

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You know this. Right?

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So you need to understand the market movement, so as per,

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as per my analysis,

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Now the next movement will be a smaller movement.

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See for 4-hour time frame for Intraday

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its 2 candle will also be enough if green is received.

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So my plan at this time is that

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till this trend line,

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see, now in this way, I, from here I will delete, stop first,

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in fact the lines of above also, ok let them be there.

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Now let me draw here a trend line here, ok

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on this trendline, so now, now see,

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You will feel like this has come to be a small target, but no.

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Now see, the first work was to define the trend for 4 hours’ time frame,

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to bring market structure understanding.

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Now it is coming to 1-hour time frame,

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here to decide that now I will have to howsoever spot here double bottom or triple bottom.

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Because I want to take buy’s trade, so double bottom,

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double bottom or triple bottom

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and I wanted to take sell’s trade, so double top or triple top.

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I have got here my double and triple top.

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Now I will have to enter here,

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now I will enter into 15 minutes’ time frame.

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In 15 minute, I can see the double bottom,

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one support here has been received.

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So I would enter,

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now only shall I enter? No, this is the trick,

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You will enter only and only this position.

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In this position we will do entry, ok?

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Now will see stop loss, what shall we put at that time?

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And will see low and our target we will make it simple-simple.

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This trend line, ok?

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So right now it has become 2.89,

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but when here entry will be made, now this market by going upward, it will take a stop support.

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If it takes support here only,

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then will see the Risk/ Reward

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it is becoming of 1:1, not a good trade, ok?

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I have shown how it could be done.

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Now by applying same philosophy,

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I will to you all, applying same situation, I have already taken trade,

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ok? I have already taken trade.

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It comes on USDCAD.

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First of all, let’s come to USDCAD,

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let me take you to 4-hour time frame. Ok?

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I took you to 4-hour time frame.

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What can you all see?

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Let’s delete it, market can be seen

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by me that market was in an uptrend,

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Then it took pullback, ok?

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This is 4-hour time frame, yes,

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For this I will come to 1-hour time frame.

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I could see the market, after taking a movement.

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after making a double top, it had started giving a fall.

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So because it had started giving a fall,

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just one minute guys let me remove this,

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So one movement came like this,

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became double top, then fall came.

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Now definitely it has to go down only, it’s long term trend is downwards.

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But in small time frame could I take a target like this?

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Because it’s a big time frame, on 15th time frame.

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So this trade I approached yesterday,

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I came to 15-minute time frame ok?

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I came to 15-minute time frame, ok?

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Now after coming to 15-minute time frame, will have to do entry,

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Market here had taken support,

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from this area only it started increasing right?

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it is night’s thing I am sorry, here,

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Here the market had done consolidation

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and I in this candle had taken entry.

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In this candle ok?

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Here we had done entry and this we made target, ok?

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When this after nearly nearly achieving it started coming back,

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I cut this trade here.

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When this trade in this situation, when it made this red, I cut this trade here.

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It was a no profit, no loss trade, ok?

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A little bit of profit took place, but that’s equivalent to none.

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But now let me explain the next trade ok?

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Now let’s come to the next trade, let’s come to 4-hour time frame.

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I took a trade in AUDCAD,

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what trade I took, see

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Looking at the big time frame what are you all understanding?

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Looking at the big time frame, you are getting that this is a very specific,

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just one minute,

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A good enough support level was there here, where?

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I would drop this line a little downwards

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and it broke that support with power. Ok?

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Because it broke that support with power and this green candle was made.

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So I came to 1-hour time frame, the next work of mine

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And in 1-hour time frame I saw that market

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after taking a pullback had come to this red candle.

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Because it came, my work is to take entry

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I to this trade, here will come to 15-minute time frame,

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I did entry here and now my target is just going to be hit

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It is also, just one minute,

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I can show you, that trade has been cut,

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but, In fact, this trade is still running with me, ok?

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This trade of mine is still working,

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ok? See this,

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this trade of ours is still in green and it is working.

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Before this, our more two trades had already happened.

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See how wonderfully

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Big timeframe 4-hour we judged

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To understand big structure

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So we know that there was a support level.

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Then came to small timeframe

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Then see support level broke and took a small pullback.

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We did the entry and after 15 min timeframe

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Our target is about to be achieved

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We achieved 80% target.

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Risk/Reward 1.7

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Risk/Reward was of 1.8

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Good trade right?

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Now I’ll show you some failures as well.

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Failures mean failures in analysis.

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Now my job was to make you understand analysis.

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So, now see this.

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Here is AUDUSD’s chart

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Now what happens in this, see attentively,

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What can you understand from 4hr timeframe of this?

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Market is on a quite strong down trend.

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But I told market moves like

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wave number 1, 2, 3

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Pullback- movement- pullback

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Now what is expected after this?

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This is expected. right?

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This movement is expected on a larger timeframe

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Not for forever

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It’s going down for forever

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But we are doing small-small trade Now we came to 1-hour timeframe

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after coming to1-hour timeframe

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market

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ok wait I’ll show you guys here

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Moving averages will come in handy a bit here.

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Moving averages should be broken

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Come on we’ll do it without moving averages.

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So see, in 1-hour timeframe yesterday night

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this is about night around 3 am

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Around when market tried to breakout upwards like this

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Then can I enter?

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Means according to me this should have gone up right?

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It will be a stupidity, If I entered

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but I paid attention

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I paid attention to the fact that market didn’t break 50 moving average, not even once.

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Until it breaks 50 moving average

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Or speaking of price action level

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Until it breaks this level,

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When it breaks this level with power,

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Then a bit more- ok its perfect,

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it’s perfect It’s done right? Done.

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Now I didn’t take entry This is called

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that you could have entered here because of FOMO

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It would be wrong There is resistance level here

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If it breakout and comes to this level Break this level

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Then my entry will be activated

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And risk reward will become 1.6

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Now look I wish 1.2, if I want I can pull it till here,

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Can pull it till here

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It will be made it became 1:2.2

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No, but I’m a logical trader

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I can be ok with 1.5 too But I can’t put illogical target

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Larger trend is downwards

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The trade I get after that

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That I can definitely take 1:2

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So this is

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And obviously I have to see this on 15min timeframe

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So till now entry is not activated here.

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Entry will be activated in this.

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When it breaks the whole resistance level

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And in fact look here, you’ll say, be afraid of it

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No, you don’t have to be afraid of this much

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If recent high breaks

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Then its definite that the chance of this breaking is also will increase

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You can see a strong and a good trend line coming over here

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This if I want, I can take it on trend lines breakout

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But I won’t take the breakout of this trend-line Because the trend is down.

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When it gives a closing breakout here,

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Then I’ll take this trade

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And again it’ll go- it is going to be a

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And why I’m uploading this video fast?

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Because I wish for you guys to see it just as I upload

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You people see you also copy my trades

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Check, manage Ok?

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Come on I hope I made you understand.

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What to do in big timeframe

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You should look for trend or market structure on big timeframe

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In small timeframe, 1- hour timeframe

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Whatever you thought that the next movement will take a pullback

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Or a trending move would come,

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See double-bottom, double-top, head and shoulder,

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inverted head and shoulder in that.

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See some patterns on 1-hour timeframe

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In 15min timeframe, where there is resistance support, take an entry there.

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Risk/reward minimum 1:1.5

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I left 1:1 trade EURUSD Like that leave it.

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Minimum 1:1.5 which is counter trending

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And trending side should be taken up to 2, 2.5, 3

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This is it. Now let’s talk about you people.

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Now look it's an obvious thing

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UAE, anyone outside India

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I’ll drop down a link for you CMS Prime perfect broker

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My trading is great, no problem, everything is smooth

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You also know, many people I know have opened an account in CMS

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You are getting payout timely

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Everything is great- leverage Getting everything

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Now whoever is in India

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Guys there a broker named EXNESS

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Which my friends tried and using it.

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And they are getting good leverage,

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They are getting good deposit withdrawal, everything.

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So I’ll give you EXNESS you google once yourself about EXNESS

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And if you know, you can open an account, your wish

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I’ll provide the link

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After I provide the link, you open an account in EXNESS

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Send your EXNESS ID Number to [email protected]

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And name etc., don’t send your phone number Just name and ID No.

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And your Email ID will come when you mail.

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In future, for Indians,

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if I have Forex service

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Then you’ll be the first people whom I will approach

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Or email that look I have services related to Forex,

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I can give you.

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So whoever emails their EXNESS ID to [email protected]

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Then you’ll be in my list,

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In future, after 3-6 months, I’m planning something good

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Big for Forex as well

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So I’ll come to you as well

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So now come on, and I’ll tell you for sure

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After this I’ll bring more strategies on Forex for everyone

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Who wants to trade in Forex.

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This is a 24-hour market, I love this

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for swing trading

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for trading like this.

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Put a Stop loss on market and sleep, do your work

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Don’t do much mess in this.

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It will move very slow

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And positions sizing, I made a video on this in Forex series,

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If we have to put 0.1 or 0.2 or 1 lot size

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I made all of this in the old video.

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New people please go and look at the previous video.

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Ok? Everyone after watching,

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After watching the whole Forex series,

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You can take practical example of trades from this series.

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And open account in EXNESS, make market deposit as you wish,

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It works very well.

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It’s been working for years

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I got many good responses for that thing from my friends.

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You can go ahead and use it. Ok?

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Ok guys, all of my forex traders

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Don’t worry I’ll bring more content to you

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And I really love Forex

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Doing this is a very, like give me good feeling.

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Its open 24 hours, you can make your trade and leave it be

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But good trades only

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I shared my best strategy with you

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I shared a best price action strategy

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I want you to use it and start trading. ok?

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Ok guys if you are liking this

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Forex series get less views and less number of likes

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But you guys, Please you like the video,

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you share the video, you let me know in the comment box

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do you appreciate me sharing Forex things or not?

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then only I’ll get because man people like Options, Nifty, Bank Nifty more

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and I’m doing it already,

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I share it already but are you liking this as well or not?

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because this is not just about Indian market,

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it’s about Indian markets, cryptocurrencies, as well as Forex as well.

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Ok? So please let me know guys What do you thing Forex traders?

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And new people who wants to come to Forex Please post your questions,

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post on [email protected]

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Will open account and start trading

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will share more things

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Thank you so much guys

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Bubye

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