How To Trade The Daily Chart In Forex -

[@DesireToTRADE]

What's your #1 takeaway from this interview?

[@kartiks7497]

For me, I'm not able to pick any takeaway. I am not able to figure out, if weekly chart tradable in case of Forex. What are typical position size compression viz Hour chart day trading, how about stop loss level if a pair traded in local exchange only for 8 hours and not 24 hours. What's average holding period experienced by such traders who follow weekly chart, by closing trade ?

[@PassportG]

Yep daily or weekly is where it's at! I can't do M timeframes anymore too much stress. I like to be lazy lol.

[@DesireToTRADE]

Ah nice! Glad you agree with Rob!

[@kevinali3700]

I agree!! Daily or Weekly

[@colingrant1800]

Good interview looked at the Lazy trader techniques long time ago, like the idea of weekly trades and scaling in/out - strategy in work! Thanks guys.

[@DesireToTRADE]

My pleasure, Colin! Glad you liked the interview!

[@thomasdacquinonguiongui5911]

good interview, thanks Etienne. in a daily time frame , is it advisable to close your positions during the weekend and open them again on monday ? on friday i had all my position in green , i left them opened during the weekend and on monday all those positons were in red . i am little confused .

[@brucesmith6868]

Once again I think a big part on a strategy working correctly, and hitting your targets is the disepline to show up, do the "work" and let it hit it's Mark without interfering. Disepline !

[@DesireToTRADE]

Absolutely!!

[@kartiks7497]

Rob mentioned the top benefit of trading weekly timeframe over hourly timeframe as 'High Return On Efforts' How about position sizing in trading both scenario for same account size ?

[@DesireToTRADE]

I'd say it depends on your win rate & risk of ruin. Maybe you can risk more on the weekly charts, maybe not. In any case, you get a ton more freedom from the weekly chart. You could simply increase your capital to make more money.

[@thestuffedvegan9471]

Another great interview, thanks☆ My main take away is confirmation that I am asking all the right questions and I feel more confident to relax into the/my process.

[@williambarlow3719]

The Stuffed Vegan You can reach out to Justin for advanced signals,he is consistent and would guide you to earn mouth watering profits in your trades.+14049441083 jtwalker4life @ gmailcom

[@LukaszAdams]

Good point about this news.But i monitor news all time so i know when i must run before market start go in not my direction and my profit start go smaler or even got SL.

[@DesireToTRADE]

So you move your stop / adjust your target before news?

[@LukaszAdams]

@@DesireToTRADE My tp is always max 4x more than risk. However, if I have a position and news pops up which in my opinion will be against my position, I close it out of hand and do not wait for the market to verify whether it is good or bad.

[@naturalmystique1237]

yeah man..I'm grateful to Rob Colville for changing how I think about trading. Primarily coz I'm LAZY lol. Secondarily because higher tfs is where it's at!!

[@DesireToTRADE]

Great to hear that 👌

[@Troikaone]

Well said......trading intraday is fool's gold

[@DesireToTRADE]

Facts

[@bhataktiaatma7252]

How to take entry on daily candle

[@lavieenblocs]

Great interview! Takeway....any style of trading is possible...just need to find the best that suits you :)

[@DesireToTRADE]

Absolutely right 👌

[@itslike123]

Warren Buffett is a investor and not a daily trader. He makes 20% per year but daily trader can make that per month or per week depend how good you are. That's why you can get away with smaller account size

[@SSEnrich]

Of course one can trade the weekly time frame, and I bet many people are successful doing it. As a newbeginner I feel it sucks though. You need to get experience and see what happens in trades. Doing 1 or 2 trades a week will give too little experience. But to each their own.

[@nizal9388]

You can acquire lots of experience with the daily and weekly charts. You just backtest.

[@LinvalWilliams__]

@@nizal9388 exactly

[@harry_bonkers]

EOD trading is the best thing in the world

[@DesireToTRADE]

It doesn't feel too constraining for sure!

[@khalidrashidart]

excellent

[@krazywally5685]

Ah this is a great video 👍😎

[@graerindley6312]

like an insurance salesman

[@daniel-blessmannjoroge6483]

Not the best fan of British accent but it a great interview

[@TooDarnSoulful]

Thankfully a lot of American ladies love our English accent ;))

[@wolverine6562lex]

Can't really hear what's he saying, his English was so slang af..

[@TooDarnSoulful]

Sorry there was NO slang words during his interview.