There are so many reasons to love Forex day trading or swing trading like I do with Forex Conquest. Since I actively trade futures (mostly Crude Oil) I need a method to trade the Forex that doesn’t keep me tied to my charts 24/7 and that’s why I trade 8 hour candles. Here are my top 3 reasons to love Forex swing trading:
Top 3 reasons to love the Forex
1. It operates around the clock 24/7. If you have a good method that is a consistent pip generator then you are making money around the clock with your open positions – even while you sleep! Nice!
2. Brokers like Oanda (I am not affiliated with them but I do trade with them) allow you to trade in ‘units’ which means you always have your risk in control. Of course, that assumes you position size – YOU BETTER POSITION SIZE! Forex Conquest does all that for you – you don’t need to guess or sweat your risk – a vital key to long term survival.
3. You can trade currencies from all around the Globe that move based on economics other than the US dollar – that means if something big is happening in China you can capitalize on the fluctuation in the value of their currency right from your office or home.
Anyway, those are my reasons. I apologize for not updating the status of Forex Conquest. Here is a short video of price action and trades on the EURUSD pair for the year. It has earned ~900 pips so far with 6 winning trades and 1 losing trade.