SIMPLE GBP/USD FOREX TRADING STRATEGY FOR DAY TRADERS-FREE FOREX TIPS AND TRICKS
We will teach you today how to do a platinum GBP USD Forecast using our live Trading floor. Our Platinum forex trading floor gives you a unique view on candlestick patterns, technical analysis, fundamental analysis and also the best time to trade the GBP/USD so that you can implement the correct forex analysis on your Trading Account.
If you would like a free trading lesson on our GBP/USD forex trading strategy, then sign up here today
There are over 15 Forex News Events that take place in the currency markets every month and we will show you how to profit from News trading with our unique forex trading system. Unlike a conventional stock trading system, The Platinum Trading System gives us 6 Major Buy and Sell Levels on 12 Major Financial Instruments so that you can trade with precision.
In today’s video, we discuss How to Trade GBP/USD News and our Long Term Forex Trading Strategy. The trade was provided on Monday and it triggered on Thursday when the bank of England released the official interest rate decision. Finally, Mark Carney the Governor of the Bank of England made his move on the currency markets and increased the interest rate by 0.75 basis points.
When these events generally occur most use breakout trading or support and resistance and set buy stop orders with stop losses and profit targets in place. With Platinum, we teach you how to place the trade prior to market open and set your market order alongside we make you set your take profit in advance as we are primarily price action traders and do not use time frames to trade forex.
The Currency Exchange rate moved and our British pound trade and made 300 pips in the markets. Initially, there was a 100 pips move and this would have made you a £1000.00 within a matter of minutes.
If you are deciding to learn how to trade the foreign exchange markets, then make sure you watch our forex trading video till the end. Please bear in mind fx may not be suitable for all investors or retail traders as Fx required patience and discipline. If in doubt always feel free to ask your financial advisor. Also, we recommend that you use a forex broker that is regulated by the Financial Conduct Authority if in the UK or if you are in the united states use a broker that is Regulated by the SEC.
The trade was a very simple order provided at the start of the week and played out to the analysis perfectly. It was exactly what our clients wanted and helped finish a great end to the week.
Trading members have taken over 400 pips this week alone.
Have a great trading Day!
The Platinum Formula:
Perfect Fundamentals + Perfect Technical Analysis + Perfect Logic + Perfect Risk Management = Perfect Trade
The Platinum Way
At Platinum Trading Academy, United Kingdom, we teach all individuals from different walks of life to become a full-time trader or create a secondary revenue stream by trading part-time. We trade in an Institutional Way by letting the market come to us and being patient. Using Platinum’s Trading system you can take many Pips out of the market. We can ensure using this style of trading your trading will make a turnaround as you will become much more consistent.
If you want to trade like the professionals do, making consistently profitable returns from your trading, get in touch with us and we will demonstrate live exactly how we approach the markets.
Download our free ebook to read about the various Trading Patterns that work in the Financial Market. Watch Trades of the Week Videos in our video gallery. Subscribe to Platinum’s Forex Newsletter.
Hopefully, you have enjoyed today’s article. Thanks for reading! Have a fantastic day!
Nisha Patel
Live from the Platinum Trading Floor.