Easy Way To Trade Forex [Beginner Guide]

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  • Опубліковано 27 вер 2024
  • Forex trading is the best way to escape 9to5 and achieve your goals in 2023.
    You need the right mindset and focus to succeed.
    It takes one good strategy to develop consistently in your trading journey.
    If you find value in this video kindly subscribe for more contents.
    ______________________________________
    Use the link below to join my free community for free daily trade signals and market psychology.
    t.me/poundking...
    #forextrading
    #gbpjpy
    #forexstrategy
    #metatrader4

КОМЕНТАРІ • 670

  • @poundkingforex
    @poundkingforex  Рік тому +57

    t.me/poundking_community

  • @FortunateFx
    @FortunateFx Місяць тому +146

    If you’re reading this, keep going, you’re going to be a consistent profitable trader one day. I believe in you

  • @NicholasBall130
    @NicholasBall130 3 місяці тому +500

    Nice video as always but here is my problem I have been making losses trying to make profit in trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?

    • @cowell621
      @cowell621 3 місяці тому +8

      The strategies can be quite demanding for the average individual. In reality, they are predominantly executed successfully by professionals who possess a significant level of skill and expertise to execute such trades effectively.

    • @Wellerpage
      @Wellerpage 3 місяці тому +13

      Uncertainty... it took me 5 years to stop trying to predict what’s about to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

    • @FarrahBaker467
      @FarrahBaker467 3 місяці тому +1

      Could you kindly elaborate on the advisor's background and qualifications?

    • @Wellerpage
      @Wellerpage 3 місяці тому +2

      The advisor that guides me is Sharon Lee Peoples most likely the internet is where to find her basic info, just search her name, She's established.

    • @crystalcassandra5597
      @crystalcassandra5597 3 місяці тому

      Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

  • @AnimationOnly
    @AnimationOnly 11 місяців тому +31

    A day trading usually rise or fall 100-140pips a day (from the yesterday graf- refer to the minimum and maximum numbers there ) as long as your capital is enough it should be OK .

  • @monkeBeastTitan
    @monkeBeastTitan Рік тому +71

    here is the way to really make profits: check the one hour or higher time frame to confirm bullish/bearish patterns, key areas of supply and demand, then trade accordingly in lower time frames like 5 minutes or even 1 minute briefly to find the best possible entry

    • @poundkingforex
      @poundkingforex  Рік тому +5

      I appreciate that

    • @vyr1s129
      @vyr1s129 2 місяці тому +1

      And then buy once you find the best entry?? New to this just making sure im following correctly

    • @Noahaugust
      @Noahaugust Місяць тому

      @@vyr1s129or sell?😂

    • @afeezvibez3751
      @afeezvibez3751 16 днів тому

      How can I even get the app, I’m very new

  • @tlffan
    @tlffan Рік тому +458

    Focus on the higher time Frames to be the 1% out of the 99% traders

    • @adekunlesunday7848
      @adekunlesunday7848 11 місяців тому +5

      can you be my tutor?

    • @tracq
      @tracq 11 місяців тому +2

      True

    • @Wbaiee
      @Wbaiee 11 місяців тому

      Wat you mean

    • @outerspace7620
      @outerspace7620 10 місяців тому +30

      I only use the 1 min chart since 4 years now. I make hella money consistently.

    • @poundkingforex
      @poundkingforex  10 місяців тому +4

      @outerspace7620 tell em 👊🏾

  • @moormaidrie
    @moormaidrie Рік тому +10

    thank you, it really helps me who is a beginner who is in the learning stage in the nfc community.

  • @TylersRapPromo
    @TylersRapPromo Рік тому +89

    I use 15-30m time frame but don’t go against the trend good advice
    Omg hn do not take my advice i was a novice trade, my friend is a account manager he works in jasper,NY he told me short term trading you will always lose and i need to convert into a long term position holder minimum 1/12 month to 3 month trade or longer whatever suits your portfolio

    • @yaduvanshi5417
      @yaduvanshi5417 Рік тому +1

      Can a person double his money in one trade in forex?

    • @courirfr6755
      @courirfr6755 Рік тому

      @@yaduvanshi5417yes it’s possible. It is is possible to lose all your money in one trade as well. If that’s how you are thinking about trading don’t even attempt it because I promise you would lose it all if you don’t understand forex

    • @hassan6489
      @hassan6489 Рік тому

      @@yaduvanshi5417i did many times

    • @BruceJ999
      @BruceJ999 Рік тому

      ​@@yaduvanshi5417Yes you can double your money and you can also blow it at the same time😂😂it's a risky game

    • @thokomalangcobo1824
      @thokomalangcobo1824 Рік тому

      ​@@yaduvanshi5417yes

  • @unbeatablebotgamesmore3515
    @unbeatablebotgamesmore3515 Рік тому +5

    im super new with forex, tho ive been into stocks and crypto for about 3 years.. i started doing forex, and ive been killing it on the 1 minute time frame

    • @Iamgeneral
      @Iamgeneral 11 місяців тому +2

      Pls how can I get in touch with you, I need someone to teach me about the trading, plsss!!!!😢

    • @poundkingforex
      @poundkingforex  11 місяців тому +1

      @user-rn3vq1kj9m Dm on instagram @Ebukaforex

    • @dilawarsingh3677
      @dilawarsingh3677 11 місяців тому +1

      Bro you trade in which pair?

  • @WickWill
    @WickWill 19 днів тому +2

    Beautiful stuff❤

  • @Jeopardized
    @Jeopardized Рік тому +14

    100% overleveraged

  • @michaelwamundila2498
    @michaelwamundila2498 Рік тому +5

    1minute is all you need just take 5pips then you done for the 🎉

  • @pratikbharodiya7819
    @pratikbharodiya7819 10 місяців тому +13

    Which broker do you use ???

  • @cahnmilan
    @cahnmilan Рік тому +22

    PLEASE PLEASE PLEASE MAKE SURE TO ALWAYS CHECK THE LONGER TIMEFRAMES OR YOUR GONNA WONDER WHY THE SECURITY DIDNT KEEP MOVING HOW YOU EXPECTED, VERY GOOD WAY TO BLOW YOUR ACCOUNT, SOLEY FOCUSED ON SMALLER TF’s. CAN BE VERY PROFITABLE, BUT MORE THAN LIKELY TO GIVE MONEY BACK TO MARKET IF NOT OBSERVING OVERALL DIRECTION OF MARKET 😅😅

    • @altezzio
      @altezzio Місяць тому

      Daily bias will bring velocity to your trades!

  • @Albertdiamondtrades
    @Albertdiamondtrades 7 місяців тому +2

    Wow bro so much value thank you for the video

  • @teah6286
    @teah6286 5 місяців тому +1

    There’s really no right or wrong lower time frame is more scalpers intraday day and swing higher time frame you got to know what kind of trader that fits your style personally I’m higher time frame trader there is less noise. To me swing and intraday is less time on the screen to go about my day and personally it eliminates the emotion compared to scalping and also less trade but higher risk to rewards

  • @jordanwatts9419
    @jordanwatts9419 Рік тому +297

    The fast track to blow your account haha 😂

    • @Tradesbymir
      @Tradesbymir Рік тому +7

      No cap

    • @pineprod9037
      @pineprod9037 Рік тому +4

      u r right

    • @Zoom_User
      @Zoom_User Рік тому +31

      Its not lol, you just don't know how to analyse the market and milk profits 😂

    • @cryptoupdates_108
      @cryptoupdates_108 Рік тому +1

      ​@@Zoom_User can you tell me the best time frame for profits?

    • @FxBaeRick9
      @FxBaeRick9 Рік тому

      @@cryptoupdates_108 me personally I would say London & NY

  • @BehindClosedDoorsBCD
    @BehindClosedDoorsBCD 11 місяців тому +8

    1 minute for professional traders wow never knew 😂

    • @noelikechukwu4976
      @noelikechukwu4976 5 місяців тому

      Can you trade on the one minute time frame. If no then STFU

  • @hendersonisaac5034
    @hendersonisaac5034 Рік тому +2

    Most of y'all hating on him are not even booking profits. Lol! All of you have been conditioned to believe you need top-down analysis and those shenanigans.
    He is very correct so far that's how he gets an edge. You don't know his strategy, yet you're claiming he is paper trading.
    You guys just keep losing and let him keep living your dream life while you suffer 9-5

  • @Panruijia
    @Panruijia Рік тому

    This video is very accurate in interpreting the financial field and provides in-depth opinions. Thank you for sharing such valuable content!

    • @poundkingforex
      @poundkingforex  Рік тому

      Thanks so much

    • @markiec8914
      @markiec8914 11 місяців тому

      Scalping trading ain't for beginners... So this is not advisable.

    • @Rose09-0
      @Rose09-0 8 місяців тому

      we buy and trade stocks using a automated trading machine that tells us when to trade and when not to trade so that we don't make losses, we buy the stocks at a very low rate and then resell it at a higher rate, their by giving the investor the profits and taking a 10% commission on the trade+

  • @Made_in_China_
    @Made_in_China_ 9 місяців тому +2

    ✈Great post!☕⚽❤Wishing you continued success and happiness in your professional life!/// from German

  • @Terrydon
    @Terrydon Місяць тому

    I believe the higher the timeframe the more the capital you have to have tbh

  • @Elliezj
    @Elliezj Рік тому

    I value the stock slightly differently. Considering the company's strong revenue growth and expanding market share, I believe the current valuation is likely justified. What do you think is a company's growth potential that affects its valuation?

  • @FxTokyo
    @FxTokyo 9 місяців тому +3

    15 min and 1hr charts are how I started

  • @tomcurley7667
    @tomcurley7667 11 місяців тому +1

    He’s isn’t lieing at all Iv bin watching UA-cam videos n other bits copying other peoples trade. Started on a demo account I look between 5 n 45 minutes last night I had 6 blues in a row it’s only a demo account but that’s beside the point if your just start look at the 5 to 45 minute and always go back and read the way the charts going it helps a lot can be hard tho Iv had few blues today but some charts are up n down but he ent lieing

    • @poundkingforex
      @poundkingforex  11 місяців тому

      Glad to see you putting in the work 🙏

    • @tomcurley7667
      @tomcurley7667 11 місяців тому

      @@poundkingforex I’m trying my man trying to understand risk management atm and even tho I’m using lot sizes if you could please give me some information mate I’d really appreciate because I can’t understand it when I hear it, if I got in with 500 pound account or 1000 pound what lot sizes should I stick to so I don’t blow my account 😂. On a 300 pound account it’s a 0.01 lot size but on a 500 can u go up in lot sizes and the same for a 1000 account? If you u could please get back to me or anyone reading this comment 🙏🏻🙏🏻. Had a slay fest on gold this morning 🔥🔥🔥

    • @tomcurley7667
      @tomcurley7667 11 місяців тому

      I have bin using a 0.03 lot size aswell

  • @Motivationalquotes72767
    @Motivationalquotes72767 8 місяців тому +8

    Which app is this??

    • @imad4759
      @imad4759 6 місяців тому

      Meta trader

  • @mudiagaakpokwaye2795
    @mudiagaakpokwaye2795 Рік тому +10

    This is not a good way to trade at all

  • @itsmac2507
    @itsmac2507 10 місяців тому

    The market is fractal so there is liquidity on all timeframes not just lower

  • @drlazzgossipnews
    @drlazzgossipnews 7 місяців тому +1

    There's no special strategy, lets no lie to our selves, if you make profit fine n if you lost fine, just do what gives you money, simple

  • @montagrey2364
    @montagrey2364 3 місяці тому +1

    I don't agree. The bigger tf shows you the true key levels, after finding them then use small tf for entries

  • @oneilduncanjr1673
    @oneilduncanjr1673 Рік тому +9

    “I gave the signal”

  • @poundkingforex
    @poundkingforex  Рік тому

    Use the link to join my free telegram community if you want to become a profitable trader ✅

  • @lodel
    @lodel 10 місяців тому +2

    Everyone is a professional trader now.. lower timeframe...

  • @Rishi_soni
    @Rishi_soni 2 місяці тому +1

    Which app is this please tell

  • @Medolonso
    @Medolonso 10 днів тому

    What is this plat form?
    I only now pocket option

  • @75PERCENTCOPPER
    @75PERCENTCOPPER 9 місяців тому

    Reading comments tells me im at least in the top 10% of traders. Not profitable yet because of patience but god damn i know my shit

  • @tofusauce
    @tofusauce Рік тому +7

    Lower time frames for the hype, higher time frames for the veterans

    • @justcrea8
      @justcrea8 Рік тому

      we hold set tp carry on with our day!

  • @YoungMaker-r3p
    @YoungMaker-r3p 10 місяців тому

    please which broker is very suitable nfor trading

  • @DrGhForex
    @DrGhForex 4 місяці тому +1

    Teamwork️‍️‍

  • @Mf-papchullo
    @Mf-papchullo 9 місяців тому +7

    That’s gambling not trading.
    We focus on higher time frames 🚀

  • @madmantrader
    @madmantrader Рік тому +3

    Focus on the quarterly tf

  • @masonthinathi
    @masonthinathi 29 днів тому

    how can you be on airplane mode and still have network connection???

  • @jerrymorah7711
    @jerrymorah7711 Рік тому +5

    Very correct

  • @wittlewiccups
    @wittlewiccups 11 місяців тому +1

    Man, voice sounds like my almost lover.

  • @black.b1881
    @black.b1881 18 днів тому

    Where should i learn how ro trade

  • @Ikafxacademy
    @Ikafxacademy 9 місяців тому

    Okay no problems with that but does focusing only on the 5minute timeframe not limit one to not being a professional and getting stuck at being an amateur forever?? 🤔

  • @faithful_frames_
    @faithful_frames_ Рік тому +4

    Which app ??

    • @jai_m7
      @jai_m7 6 місяців тому +2

      mt4

  • @Zandyblack
    @Zandyblack 10 місяців тому +3

    I need some explanation I want to learn

  • @digitalbussinessboss8592
    @digitalbussinessboss8592 11 місяців тому +2

    If you want to lose money listen to this dreamer

    • @HiGg-zq2hm
      @HiGg-zq2hm 7 місяців тому

      No brother it it hunge profit if have experence .one time give account then you can see

  • @Yelyreg
    @Yelyreg 11 місяців тому +1

    how long have you beeb trading?

  • @ShawnLuneta-ch8iy
    @ShawnLuneta-ch8iy Місяць тому

    I am willing to learn

  • @AnnieDaniel-b9q
    @AnnieDaniel-b9q 8 місяців тому +1

    Pls which broker offers this?
    I only tried it in my deriv demo but couldn't find it in my real account

    • @noelikechukwu4976
      @noelikechukwu4976 5 місяців тому

      Deriv offers 3 account. Synthetics, currency pairs and crypto. It depends on the real account you choose

  • @LeseliNED-rp6vu
    @LeseliNED-rp6vu 3 місяці тому

    I am new on the forex market

  • @mrseby1707
    @mrseby1707 10 місяців тому +1

    Nice demo

  • @arinnfc
    @arinnfc Рік тому +1

    cool very helpful for beginners

  • @AkeemDamilare-l1u
    @AkeemDamilare-l1u 2 місяці тому

    Pls how can I start I need someone to teach me 😢

  • @okiroipala2166
    @okiroipala2166 11 місяців тому +1

    Which forex trading apps you used or website

  • @kubigz7152
    @kubigz7152 6 місяців тому +1

    What is this broker

  • @moderntechniques551
    @moderntechniques551 10 місяців тому +2

    Bro where can we watch real time trade data like the current buyers and sellers

  • @dwayneleonard
    @dwayneleonard 4 місяці тому +1

    100 percent agree

  • @ibrahimzaparo9127
    @ibrahimzaparo9127 10 місяців тому +1

    hello leader, which core brokers do you use?

  • @faribaloch684
    @faribaloch684 3 місяці тому

    Which broker is this?

  • @nickgonzaga2881
    @nickgonzaga2881 7 місяців тому

    Which platform are you trading?

  • @saidnuhanovic2077
    @saidnuhanovic2077 10 місяців тому

    Hello sir what is the name of the app you are using for trading

  • @GodwinOdhiambo-sh3jp
    @GodwinOdhiambo-sh3jp 3 місяці тому

    Can you take me through how forex trading work

  • @Moviequotes514
    @Moviequotes514 3 місяці тому +1

    Name of this trading app?

  • @BOBOKINGFX
    @BOBOKINGFX 10 місяців тому +1

    the best demo acct

  • @samd1210
    @samd1210 Рік тому +3

    💯💥💯

  • @CycloneKing
    @CycloneKing 10 місяців тому +1

    can anyone tell me which app is this?

  • @ottomanturk6570
    @ottomanturk6570 6 місяців тому +23

    As soon as you hear the accent, you know you have to run 😂

    • @Collins-jb6xp
      @Collins-jb6xp 3 місяці тому +2

      What's the point?
      He's a scammer?
      If that's it, then you might be very ignorant

    • @lynahquandoh
      @lynahquandoh 3 місяці тому +1

      @@Collins-jb6xp don't pay attention to whoever this is...dude is obviously lost

  • @Amolsalunkhee
    @Amolsalunkhee 2 місяці тому

    Which App Is This?

  • @egesaderrick3048
    @egesaderrick3048 6 місяців тому

    Hey guys hi, am interested in learning fx trading but i need help

  • @alfani5573
    @alfani5573 5 місяців тому

    What broker can I use I live in USA🇺🇸

  • @manu_artgallery
    @manu_artgallery 2 місяці тому

    my problem is finding this site or is it an app

  • @Eddycoinn
    @Eddycoinn 8 місяців тому

    I'm totally a forex beginner, I haven't found the right mentor till now. Will you help me to trade?? I mean you reading this😥

    • @HiGg-zq2hm
      @HiGg-zq2hm 7 місяців тому

      No its dependence on you experence

  • @AndreMcclendon
    @AndreMcclendon 10 місяців тому +3

    Nice demo account

  • @ronmpx159
    @ronmpx159 2 місяці тому

    Which app is this

  • @francisnathan4386
    @francisnathan4386 Рік тому +2

    Good afternoon boss
    Please i have a question
    I really need explanation on something

  • @recon_8d269
    @recon_8d269 2 місяці тому

    Spread the gospel

  • @souradipsen584
    @souradipsen584 7 місяців тому

    Which broker you are using brother

  • @prettyhailey6
    @prettyhailey6 3 місяці тому

    What app is this?

  • @MrAlextrader
    @MrAlextrader 4 місяці тому

    Bro come on 😮
    You can’t drive with out see your direction, there’s no successful trader in lower time frame with out first your high time frame 😊 high time frame tells you what to do in terms of direction

  • @IzereGratien
    @IzereGratien 5 місяців тому +1

    Who can me help me to learn and how make money on trading please....

  • @strongmoneyforex
    @strongmoneyforex Рік тому

    Impressive trading but what if this reverses on you?

  • @rayshowtv2350
    @rayshowtv2350 Рік тому +14

    What is a Forest market?

  • @bentot6275
    @bentot6275 Рік тому +1

    What app are you usong for forex trading?

    • @poundkingforex
      @poundkingforex  Рік тому

      MetaTrader4

    • @Kinsykk31
      @Kinsykk31 Рік тому

      but you will need to open a real account with a trader. I can help you to set up one

  • @goodnessolajide2351
    @goodnessolajide2351 3 місяці тому

    What’s time frame?

  • @punaopamei943
    @punaopamei943 5 місяців тому

    Which app is this sir please send link

  • @sponge2429
    @sponge2429 3 місяці тому

    Need help badly on how to use this mt5

  • @skibiditoilet452
    @skibiditoilet452 Місяць тому

    How to open fxcess account ?

  • @Yuslib
    @Yuslib 11 місяців тому +2

    Yea lower timeframes is the quickest way to blow your acc 💀💀

  • @Mannz-dl2oe
    @Mannz-dl2oe 11 місяців тому

    boleh tolong ajar macam mana sell dan buy? dan warna merah apa maksudnya warna biru apa maksudnya warna hijau apa maksudnya?

  • @ovotre
    @ovotre 10 місяців тому +1

    What app or website is this ??? Please help !

    • @djjaysmoke
      @djjaysmoke 9 місяців тому

      Metatrader 4/5

    • @Nonolesia
      @Nonolesia 9 місяців тому +1

      app mt4 or mt5

  • @Joyboy-yr3kk
    @Joyboy-yr3kk 9 місяців тому +1

    This guy is a big gambler😅😂😂

    • @Joyboy-yr3kk
      @Joyboy-yr3kk 9 місяців тому

      Well in the forex world there's no wrong or right strategy as long as you cash out with it.

  • @mostwanted9503
    @mostwanted9503 3 місяці тому

    Why is every one is opening 6 trades with same lot instead of one trade??

  • @ranieromano5074
    @ranieromano5074 8 місяців тому

    What kind apps you using

  • @angeliaputri1
    @angeliaputri1 Рік тому

    Can you clarify your post? I'm a beginner learning in the nfc community so I don't really understand it yet

  • @NhanHoang-if3bq
    @NhanHoang-if3bq Місяць тому

    What app is it

  • @thepostman9664
    @thepostman9664 9 місяців тому +2

    Why no depósit shown 😂

  • @SumitEnterprenour
    @SumitEnterprenour 9 місяців тому

    Which is beast app for forex market