How To Improve Your Trading:

Forex Trading Tips


This guide will show you exactly how to improve your trading.

Including:

  • 7 Forex Trading Tips 
  • Explanation
  • Examples
  • Lots more

So if YOU want to go from a Normal Forex Trader to a Successful Forex Trader, this guide is for YOU.

Let’s get started.

“We Trade Waves” Forex Trading & Wave Analysis and our youtube channel, Forex Trading & Wave Analysis, “One Day, YOU will be exactly where YOU want to be, until then… KEEP LEARNING, KEEP WORKING & KEEP GOING.” If You Want To LEARN/MASTER Forex Trading & “Wave Analysis” check our Forex Course Page: https://wetradewaves.com/forex-course   “Forex Trading” is a risky business, what we are sharing here or on any of our social media platforms is only our point of view on what could be the next move in the forex market and not trade signals... Trade with care.   Weekly FOREX forecast is what we publish every week & more than 25 markets are covered! so if you want to learn more about forex analysis (Forex Trading), this is a great place for you.  FOREX Trading [forex analysis] is a great business and In our experience, the best way to predict the next move in the forex market is by mastering “wave analysis” no matter what is your style of trading (day trading, swing trading…), this is why we trade waves [It’s different from Elliott wave] and we use our own advanced forex strategy. If you want to check our “Forex course” just check our website and go to our forex course page  “Forex trading” concept and a forex strategy are all that you need, we have the same concept as Elliott wave and Dow theory that the forex market moves in waves but we have our own methodology and our own technical analysis techniques. In order to master forex trading and wave analysis, you need coaching and this where our forex trading course kicks in. “Forex Trading” career & make consistent profits out of it is something we can help you with.  YOU must watch our technical analysis on youtube until the end because we always include “forex trading” tips in our weekly forex forecast (weekly outlook) no matter if you do swing trading or day trading...   Wave analysis is all that we do, let me repeat: Wave analysis is all that we do here, check our last forex trading & wave analysis videos to see our accuracy. We provide “forex course” (Forex trading course) and you can check all the details on our website. Weekly forex forecast


About Us

Who we are?
 
We are We Trade Waves Team.
 
Why we Trade Waves Team?

We believe in synergy, if more than one brain works on something, they become incredibly powerful to achieve any goal and that is exactly what makes us successful...

We start trading 8 years ago and we quickly realized that Forex Trading is not easy! and if we learn it the correct way, it's going to be a big part of our success.
 

So we set out to LEARN as much as we could.
 

We Trade Waves offers financial education through online |courses|, lessons and other supporting resources for traders, investors, economists, entrepreneurs and students.
 

Our lessons are delivered in a unique style that allows our members to understand Jargons in an enjoyable way without getting lost in the ambiguities.
 

Check out our |YouTube channel| to see what We Trade Waves is all about.

“We Trade Waves” Forex Trading & Wave Analysis and our youtube channel, Forex Trading & Wave Analysis, “One Day, YOU will be exactly where YOU want to be, until then… KEEP LEARNING, KEEP WORKING & KEEP GOING.” If You Want To LEARN/MASTER Forex Trading & “Wave Analysis” check our Forex Course Page: https://wetradewaves.com/forex-course   “Forex Trading” is a risky business, what we are sharing here or on any of our social media platforms is only our point of view on what could be the next move in the forex market and not trade signals... Trade with care.   Weekly FOREX forecast is what we publish every week & more than 25 markets are covered! so if you want to learn more about forex analysis (Forex Trading), this is a great place for you.  FOREX Trading [forex analysis] is a great business and In our experience, the best way to predict the next move in the forex market is by mastering “wave analysis” no matter what is your style of trading (day trading, swing trading…), this is why we trade waves [It’s different from Elliott wave] and we use our own advanced forex strategy. If you want to check our “Forex course” just check our website and go to our forex course page  “Forex trading” concept and a forex strategy are all that you need, we have the same concept as Elliott wave and Dow theory that the forex market moves in waves but we have our own methodology and our own technical analysis techniques. In order to master forex trading and wave analysis, you need coaching and this where our forex trading course kicks in. “Forex Trading” career & make consistent profits out of it is something we can help you with.  YOU must watch our technical analysis on youtube until the end because we always include “forex trading” tips in our weekly forex forecast (weekly outlook) no matter if you do swing trading or day trading...   Wave analysis is all that we do, let me repeat: Wave analysis is all that we do here, check our last forex trading & wave analysis videos to see our accuracy. We provide “forex course” (Forex trading course) and you can check all the details on our website. Weekly forex forecast


And now is the time for the Forex Trading Tip #1


Forex Trading Tip #1

 

In Forex Trading You Are Dealing With (Probabilities)

 

You might have heard this before but below is our explanation:

 

Forex is all about choosing a trade with the Highest Probability Chance (HPC) of success. However, human intuition and common wisdom can be rather deceitful and lead to poor judgments.

 

One of the most important concepts to understand in trading is what it actually means to have an Edge in the market.

 

An edge is actually a point where you know that you might have an HPC of being right on what could be the next move in the Forex market.

 

First of all, when we talk about an edge in trading, we mean a statistical edge. 

 

“We Trade Waves” Forex Trading & Wave Analysis and our youtube channel, Forex Trading & Wave Analysis, “One Day, YOU will be exactly where YOU want to be, until then… KEEP LEARNING, KEEP WORKING & KEEP GOING.” If You Want To LEARN/MASTER Forex Trading & “Wave Analysis” check our Forex Course Page: https://wetradewaves.com/forex-course   “Forex Trading” is a risky business, what we are sharing here or on any of our social media platforms is only our point of view on what could be the next move in the forex market and not trade signals... Trade with care.   Weekly FOREX forecast is what we publish every week & more than 25 markets are covered! so if you want to learn more about forex analysis (Forex Trading), this is a great place for you.  FOREX Trading [forex analysis] is a great business and In our experience, the best way to predict the next move in the forex market is by mastering “wave analysis” no matter what is your style of trading (day trading, swing trading…), this is why we trade waves [It’s different from Elliott wave] and we use our own advanced forex strategy. If you want to check our “Forex course” just check our website and go to our forex course page  “Forex trading” concept and a forex strategy are all that you need, we have the same concept as Elliott wave and Dow theory that the forex market moves in waves but we have our own methodology and our own technical analysis techniques. In order to master forex trading and wave analysis, you need coaching and this where our forex trading course kicks in. “Forex Trading” career & make consistent profits out of it is something we can help you with.  YOU must watch our technical analysis on youtube until the end because we always include “forex trading” tips in our weekly forex forecast (weekly outlook) no matter if you do swing trading or day trading...   Wave analysis is all that we do, let me repeat: Wave analysis is all that we do here, check our last forex trading & wave analysis videos to see our accuracy. We provide “forex course” (Forex trading course) and you can check all the details on our website. Weekly forex forecast


Due to the law of large numbers, if you have an edge, in the long run, you will win...

 

If you're trading without an edge (With random entries), you'd expect to have about 50% winning and 50% losing trades in the long run. Which is exactly what's going to happen if you trade OFTEN enough to allow the law of large numbers to do its job.

 

You know now what trade WELL is BETTER than trade often?

 

The key point to take away from this is to understand that if you actually do have an edge in the market, In the long run, you will win.

 

Cool? Let's go to the Forex Trading Tip #2


Forex Trading Tip #2

 

What You Draw On The Charts Are Only Your Thoughts

 

This might be a bit weird for you but let me explain...
 
We agreed that the ONLY REAL DATA are the charts so anything you draw on those charts is either what you already learned from the internet or by reading some Forex trading books.

 

 So... 

 

What you are drawing as (Trend line, Fibonacci, Waves labeling... are only your thoughts and they are not the market limits).

 

EURUSD Chart With Drawings

“We Trade Waves” Forex Trading & Wave Analysis and our youtube channel, Forex Trading & Wave Analysis, “One Day, YOU will be exactly where YOU want to be, until then… KEEP LEARNING, KEEP WORKING & KEEP GOING.” If You Want To LEARN/MASTER Forex Trading & “Wave Analysis” check our Forex Course Page: https://wetradewaves.com/forex-course   “Forex Trading” is a risky business, what we are sharing here or on any of our social media platforms is only our point of view on what could be the next move in the forex market and not trade signals... Trade with care.   Weekly FOREX forecast is what we publish every week & more than 25 markets are covered! so if you want to learn more about forex analysis (Forex Trading), this is a great place for you.  FOREX Trading [forex analysis] is a great business and In our experience, the best way to predict the next move in the forex market is by mastering “wave analysis” no matter what is your style of trading (day trading, swing trading…), this is why we trade waves [It’s different from Elliott wave] and we use our own advanced forex strategy. If you want to check our “Forex course” just check our website and go to our forex course page  “Forex trading” concept and a forex strategy are all that you need, we have the same concept as Elliott wave and Dow theory that the forex market moves in waves but we have our own methodology and our own technical analysis techniques. In order to master forex trading and wave analysis, you need coaching and this where our forex trading course kicks in. “Forex Trading” career & make consistent profits out of it is something we can help you with.  YOU must watch our technical analysis on youtube until the end because we always include “forex trading” tips in our weekly forex forecast (weekly outlook) no matter if you do swing trading or day trading...   Wave analysis is all that we do, let me repeat: Wave analysis is all that we do here, check our last forex trading & wave analysis videos to see our accuracy. We provide “forex course” (Forex trading course) and you can check all the details on our website. Weekly forex forecast

EURUSD Chart Without Drawings

“We Trade Waves” Forex Trading & Wave Analysis and our youtube channel, Forex Trading & Wave Analysis, “One Day, YOU will be exactly where YOU want to be, until then… KEEP LEARNING, KEEP WORKING & KEEP GOING.” If You Want To LEARN/MASTER Forex Trading & “Wave Analysis” check our Forex Course Page: https://wetradewaves.com/forex-course   “Forex Trading” is a risky business, what we are sharing here or on any of our social media platforms is only our point of view on what could be the next move in the forex market and not trade signals... Trade with care.   Weekly FOREX forecast is what we publish every week & more than 25 markets are covered! so if you want to learn more about forex analysis (Forex Trading), this is a great place for you.  FOREX Trading [forex analysis] is a great business and In our experience, the best way to predict the next move in the forex market is by mastering “wave analysis” no matter what is your style of trading (day trading, swing trading…), this is why we trade waves [It’s different from Elliott wave] and we use our own advanced forex strategy. If you want to check our “Forex course” just check our website and go to our forex course page  “Forex trading” concept and a forex strategy are all that you need, we have the same concept as Elliott wave and Dow theory that the forex market moves in waves but we have our own methodology and our own technical analysis techniques. In order to master forex trading and wave analysis, you need coaching and this where our forex trading course kicks in. “Forex Trading” career & make consistent profits out of it is something we can help you with.  YOU must watch our technical analysis on youtube until the end because we always include “forex trading” tips in our weekly forex forecast (weekly outlook) no matter if you do swing trading or day trading...   Wave analysis is all that we do, let me repeat: Wave analysis is all that we do here, check our last forex trading & wave analysis videos to see our accuracy. We provide “forex course” (Forex trading course) and you can check all the details on our website. Weekly forex forecast


Make sense? Good
 
So now you know what we are trying to show you, let's move on to the Forex Trading Tip #3


Forex Trading Tip #3

 

If You Do Not Use Stop Loss, One Single Bad Trade Can Kill Your Account!

 

On average, 90% of traders lose their money within the first 3 months

 

Why this is happening?

 

Most of them start Forex trading and they start to trade directly without any prior knowledge or proper education, and quickly they realize that forex trading is not easy so...

 

Instead of learning the correct way, they continue to trade and because they don't know where they should put there stop-loss, they start to trade without stop loss!

 

Trading without stop loss = One Single Bad Trade Can Kill Your Account

 

Therefore, your assignment is to define your stop-loss placement prior to identifying your position size. In addition, your stop-loss placement should be determined by logic.

 

Do not allow greed to lead you to losses.

 

And now we can go to Forex Trading Tip #4


Forex Trading Tip #4

 

Your Job As FOREX TRADER Is Not To Be Right, Your Job Is To MAKE MONEY From The Market!

 
You might be thinking now, what that means?
 
Since the logic says: you must be right in order to make money and if you are not right you will not make money!
 
But the reality is...

 

Forex Trading is a complex business and to succeed in this, you must have a complete Forex trading plan and system in place which includes:
 
Analysis
Strategy
Money Management
Risk Management
Trade Management
Psychology

How to build a correct mindset

And more...

 

Now, if you are right in your analysis, that doesn't mean you will make money, like we explained earlier if you are right 99% of the time and one trade goes against you when you are trading without stop loss... you will lose everything and one single trade can wipe you out.

 

However, if you have a system with a good MM / RM / TM .... You will make money, your job as FOREX TRADER is not to be right, your job is to MAKE MONEY.


Forex Trading Tip #5

 

In Forex Trading, Your Focus Must Be On Trade WELL And Not Trade OFTEN (Alexander Elder)

 

Why?

 

First of all, a lot of traders think that if you trade OFTEN you will make more money which is INCORRECT.

 

If you focus on a few good trades and good R/R (Reward to Risk ratio) you will make more money.

 

In order to not lose your focus while you are trading, you should be selective (Trade Well) and not trading every single move (UP DOWN UP DOWN UP DOWN) of the Forex market (Trade Often)

 

Now that you’ve got the basics down, it’s time for the Forex Trading Tip #6

“We Trade Waves” Forex Trading & Wave Analysis and our youtube channel, Forex Trading & Wave Analysis, “One Day, YOU will be exactly where YOU want to be, until then… KEEP LEARNING, KEEP WORKING & KEEP GOING.” If You Want To LEARN/MASTER Forex Trading & “Wave Analysis” check our Forex Course Page: https://wetradewaves.com/forex-course   “Forex Trading” is a risky business, what we are sharing here or on any of our social media platforms is only our point of view on what could be the next move in the forex market and not trade signals... Trade with care.   Weekly FOREX forecast is what we publish every week & more than 25 markets are covered! so if you want to learn more about forex analysis (Forex Trading), this is a great place for you.  FOREX Trading [forex analysis] is a great business and In our experience, the best way to predict the next move in the forex market is by mastering “wave analysis” no matter what is your style of trading (day trading, swing trading…), this is why we trade waves [It’s different from Elliott wave] and we use our own advanced forex strategy. If you want to check our “Forex course” just check our website and go to our forex course page  “Forex trading” concept and a forex strategy are all that you need, we have the same concept as Elliott wave and Dow theory that the forex market moves in waves but we have our own methodology and our own technical analysis techniques. In order to master forex trading and wave analysis, you need coaching and this where our forex trading course kicks in. “Forex Trading” career & make consistent profits out of it is something we can help you with.  YOU must watch our technical analysis on youtube until the end because we always include “forex trading” tips in our weekly forex forecast (weekly outlook) no matter if you do swing trading or day trading...   Wave analysis is all that we do, let me repeat: Wave analysis is all that we do here, check our last forex trading & wave analysis videos to see our accuracy. We provide “forex course” (Forex trading course) and you can check all the details on our website. Weekly forex forecast


Forex Trading Tip #6

 

In Forex trading, you must build a probabilistic mindset

 

How you can have that mindset?

 

1-Forex is all about choosing a trade with the Highest Probability Chance (HPC) of success. 

 

2- Anything can happen in the market    (that means The market can do anything an any given time, this is why you must have a system that respects this risk.)  and we have that

 

3- There is a random distribution between wins and losses (and due to the law of large numbers, if you have an edge in the market, in the long run, you will win...    so what is an edge?  

 

4- An edge is nothing more than odds tilted in your favor  (So it is only a point where you know that you might have a higher probability chance of being right on what could be the next move in the Forex market and this is    where wave analysis kicks in, if you learn it correctly, you will have that edge.)

 

5- Every moment in the market is unique

 

And now we can go to Forex Trading Tip #7


Forex Trading Tip #7

 

Forex Forecast (Forecasting The FX Charts) Is One Single Part Of The Forex Trading Business! 

 

They said you can never know what it is going to happen next in the Forex market

 

This is our weekly Forex forecasts

 

“We Trade Waves” Forex Trading & Wave Analysis and our youtube channel, Forex Trading & Wave Analysis, “One Day, YOU will be exactly where YOU want to be, until then… KEEP LEARNING, KEEP WORKING & KEEP GOING.” If You Want To LEARN/MASTER Forex Trading & “Wave Analysis” check our Forex Course Page: https://wetradewaves.com/forex-course   “Forex Trading” is a risky business, what we are sharing here or on any of our social media platforms is only our point of view on what could be the next move in the forex market and not trade signals... Trade with care.   Weekly FOREX forecast is what we publish every week & more than 25 markets are covered! so if you want to learn more about forex analysis (Forex Trading), this is a great place for you.  FOREX Trading [forex analysis] is a great business and In our experience, the best way to predict the next move in the forex market is by mastering “wave analysis” no matter what is your style of trading (day trading, swing trading…), this is why we trade waves [It’s different from Elliott wave] and we use our own advanced forex strategy. If you want to check our “Forex course” just check our website and go to our forex course page  “Forex trading” concept and a forex strategy are all that you need, we have the same concept as Elliott wave and Dow theory that the forex market moves in waves but we have our own methodology and our own technical analysis techniques. In order to master forex trading and wave analysis, you need coaching and this where our forex trading course kicks in. “Forex Trading” career & make consistent profits out of it is something we can help you with.  YOU must watch our technical analysis on youtube until the end because we always include “forex trading” tips in our weekly forex forecast (weekly outlook) no matter if you do swing trading or day trading...   Wave analysis is all that we do, let me repeat: Wave analysis is all that we do here, check our last forex trading & wave analysis videos to see our accuracy. We provide “forex course” (Forex trading course) and you can check all the details on our website. Weekly forex forecast


If you are not following us on YouTube, |CLICK HERE| and follow us so you can watch a lot of our videos too and our weekly Forex forecasts as well.

 

So why we are mentioning that? because in our weekly Forex forecasts we are sharing our point of view with our followers on what could be the next move in the forex market based on our wave analysis.

 

So coming back to our Forex trading Tip, "Forecasting the charts is one single part of Forex trading business!”

 

If you know what could be the next move in the Forex market that doesn't mean you know everything... 

 

This is only one part since you have a lot of other parts too... (RR, MM, TM, Strategies, Psychology, Execution....) and that is exactly what we teach... 

 

To not take to long explaining about this here, you can check our |COURSE| page.


Conclusion

 

We hope this guide helped show you how to improve your Forex trading. If you like it, please SHARE it.

 

Which Forex Trading Tip do you like the most?

 

And now we’d like to hear what you have to say: Please send us an email with your feedback at info@wetradewaves.com