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, you're going to lose. Instead, learn the one major thing top traders know that the other 99% do not.

Your Forex trading plan must include this one concept. You're entire account depends on it.

And yes, no matter what year you're watching this video, it's all still 100% relevant. This phenomenon will likely remain during our entire lives. If it changes, I'll let you know.

I made a part two, which should answer any questions you may still have -

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New To My Channel? There's a video just for you, whether you're a new trader or an experienced one -

This guy has a shortened version of my course (paid). He is the only one who is allowed to. -

[brianswan]

I was with fxcm that night Jan 15 2015. I came home at 4;30 in the morning turned on my computer just as the crash happened. I had 5k in my account I bought in just at the bottom and clocked 1300 pips. I made 13, 750 that night. Best night of my life. It took 2 months for FXCM to pay me. But yea I got lucky.

[jakey]

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

[zirstraders]

This guy has given my daughter a better life. Thank you 🙏

[melvinbedasua]

I can say you really are a genuine professional trader and adviser..no fancy cars, mansions...just some straight to the point truth

[johnnybargo]

Awesome info! I'm a new trader..
Here is something alot of new traders should remember as well

🔥🔥🔥🔥🔥
5 Tips to know when starting to trade forex:

1: start small
2: focus on risk management
3: filter out the noise of all the different how to
4: stick to one strategy
5: long term viewpoint rather the get rich quick

[TitusJudah]

I've blown two $1500 accounts in the past month. And NOW I discover you. Time to pause, unlearn the bad habits, develop a strategy, test it, fine-tune it, and then finally start trading live again. Thanks VP for the time and effort you put into making these amazingly invaluable videos. 🙏

I hope one day I can message you and tell you I'm a successful trader, all thanks to you. ♥️

[TradeWithAI_KC]

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.

[daynevickers]

Stumbled across this video; never traded Forex before, but I love the simple, direct and common sense way this was presented. EXCELLENT work!

[dj_sergiov]

Couldn't agree more with this video. However I think one the most important things he left out was that the "Secret Sauce" is in your consistency. Meaning: you must keep taking the same trade setup (win or lose) over and over again every time you see it. As long as you are above 50% accurate, you're in the money and your strategy works, rinse and repeat. Thats it. Black Jack has roughly 5% odds in favor of the house. They win some, they lose some. All they have to do is remain open and keep taking your bets. In the end they grind it out. You will only achieve consistency after enough sample space so you must give whatever strategy enough trades to determine if its working or not. You should also review your previous set of trades in the entire sample space to determine what adjustments need to be made within the strategy before making any changes.

Trade Plan Example:

Step 1: Pick one trading strategy (any strategy) and back test it until you have consistent results in a demo trading account for (60+ trades). Consistent = taking the same trade setup every time you see it, making adjustments every 20 trades until your win loss ratio is increasing and you see your P/L increasing consistently with every set of trades.

Step 2: Once you have proven your strategy, go live with a trading acct (3K min) and risk 0.1% of your acct size on any given trade with a max of 4 trades on at any given time. Remain consistent for the next (30+) trades.

Step 3: Once consistent for (30+) trades, increase risk to 0.5% of your acct size with 4 trades max at any given time. Remain consistent for the next (30+) trades.

Step 4: Increase position size to 1% of your account size with 3% total risk at all times and remain consistent for the next (30+) trades.

Step 5: increase position size to 2% of your trading account with 6% total risk at all times and remain consistent for the next (30+) trades.

Step 6: Increase or decrease or maintain position size to the comfort level where you remained the most consistent.

Notes:
Each step is vital. If you were not consistent in Step 1, you may not be consistent in step 2 and so forth in the following steps. You may be consistent in Step 4 but not in Step 5 so you may have to adjust your level of risk to suite your individual comfort zone or until your accuracy increases to allow it. You may experience a difference in your accuracy during each of the transitions between steps. It's not your strategy at fault here, it's your psychology. You already proved your strategy in Step 1. You are now training your "crock brain" to manage and increase risk as you adjust your position size. With each step of the process you must continue to believe in your trade plan and in your abilities and above all remain consistent (did i mention that yet?). It will take some time but the rationale is that this needs to become second nature, and mechanical. After a few years you can experience a compound growth in your account you never thought you could achieve. This is a long term play and there are no get rich quick schemes or free lunches out there (sorry). You need to do you own research and trade your own plan with your own setups and trade capitol.

-Best of luck to you but i'd rather you make your own.

[mskejoc]

Hey man. I just started in this industry, like, a week ago. Trying to figure out how this thing works as I'm one of the millions who lost their jobs because of covid19. I'm really glad someone recommended your channel to me. Will be consuming your materials for the next couple weeks. Also visited your website. Really has a ton of good stuff. Thank you for giving out so much value to everyone wanting to learn fx.

[korleogne]

3 years later this still gave me clarity. You awesome bro

[ronsenyor]

I purchased the Achemy of Finance book by Soros and I was completely lost. But, watching this video I understand it a lot better. Thank you for doing this for free. This was an entire lesson on macro economics

[metatraderindicators]

Brings back so many memories seeing that chart. I was writing an exam. Saw the alert on my phone however, could not touch my phone. Ultimately, that exam added an extra $11000 to my Uni fees. I did pass the exam for those that are wondering.

[omotosodiya]

Re-watching this video again after a year of discovery. The single video that changed my way of trading .The video that put me on the radar of the big banks. Forever grateful to No Nonsense forex.

[TheKarenWay]

I am not a native Eng​lish speaker. I found that you are the best organized knowledge about forex I have ever found. Thanks

[royalflush]

You and ICT are a blessing you guys are a God Send You just dont know how thankful Iam for you guys God Bless You.

[singsouma]

I just lost 60$ last night.. and start watching motivational video.. then autoplay let me go here.. and i cant be more grateful.. thanks man..

[leeowe]

It sounds like u were taught by the grandmaster forex trader that is no longer on the map and u were the apprentice carrying on his legacy

[jeremia]

The first time I watched this, it was the very first time I jumped on forex trading, and clearly, I have no idea what is this video all about. Now I'm watching this video again and I can easily understand the whole point. After facing a lot of manipulations and stop-loss hunt, it's clear that banks do it every day every single time until today. But in my opinion, banks do that not because to get our money, but they do it so they will have enough liquidity to move their positions to get a nice profit of course. Anyway, this is such a golden key to trade way better than most of the retail traders out there. Thanks for the video!

[reasonrusfromme]

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.