In this Bangkok Forex trading vlog, I share with you why you need a trading dashboard and how it can help you spot good trades. Vlog #542
π FREE Case Study “Quitting Your Job To Trade & Travel Full-Time“.
You would never drive a car without a working dashboard, then why do most traders trade without these critical tools?
Traders often focus on price and price movement. But that can be deceiving. Price is merely an advertising mechanism and in a short timeframe can appear to be move sharply in both directions but still maintaining its trend in the big picture.
1. Always have a bigger picture timeframe on your platform.
2. Key indicator changes such as crosses or RSI hitting staying at extreme levels
3. Heiken-Ashi bars or similar that are finally turning and breaking above s/r levels
4. Correlated pairs that may be taking the lead with a trend change.
5. Alerts built into your trading platform to trigger a need to take a trade
Check out the Desire To Trade Merch:Β (use the promo code YOUTUBE10). All profits go to charity.
SOCIAL
Forex Trader Community (Facebook Group)
Facebook
Twitter: @desiretotrade
IG: @etiennecrete
TRADING MUST-HAVE RESOURCES
Forex Brokers:
AxiTrader
Pepperstone
Best Platform
Backtesting Tool
VPS (for algo trading)
Trading Journal
Β MUSIC
David Cutter MusicΒ
Andrew ApplepieΒ
AFFILIATE LINKS
Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn't affect you in any way in the checkout process (I'm sometimes even able to arrange a discount for you that is special from other customers).
If you got value from this video, you might want to consider checking out theΒ Desire To TRADE AcademyΒ where Iβll help you develop a solid trading strategy, implement the things successful traders do, and more! That's all going to be done while you build a lifestyle you love!
If you are wondering how to put together a solid trading plan for trading Forex for others, I recommend you grab my FREE One-Page Trading Plan Template. It will help you simplify your trading strategy on a single page!