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TOP 10 FOREX TRADING TIPS AND TRICKS FOR 2018 | CURRENCY TRADING TIPS EP.8

322 ratings | 13760 views
My top 10 forex trading tips and tricks for you to crush it in forex trading in 2018. These 10 forex tips are not conclusive and you need to implement these forex tricks and tips at your own risk. I want to provide these currency trading tips for the forex trader who is looking to improve in his forex trading journey. If you are looking for the best forex tips, you can also look at my other videos. Forex in 2018 has been under the spotlight because of bitcoin so a lot of people are jumping into the currency trading and forex trading bandwagon as well. These can also be forex tips for beginners as these forex tricks can also be used by those starting out in forex trading or currency trading. Hope that you will like these forex trading tips and tricks. I hope that it will help you in your forex trading journey. Share with me your forex trading advice and forex trading tips as well. Or share with me which of these 10 forex tips is your favourite. You are free to share with me your forex hacks in the comment section too. --------------------------------------------------------------------------------------------------- Singapore youtuber profile: Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest. This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders. It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore. Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members. She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then. Email: [email protected] Website: http://www.karen-foo.com Facebook: https://www.facebook.com/KarenFooSpeaker Instagram: https://www.instagram.com/imkarenfoo/ MENTORSHIP PROGRAM ONLY FOR SERIOUS HUSTLERS : http://bit.ly/2qkIvRj ------------------------------------------------------------------------------------------------------ Music Credit: Adventures by A Himitsu https://soundcloud.com/a-himitsu Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music released by Argofox https://youtu.be/8BXNwnxaVQE Music provided by Audio Library https://youtu.be/MkNeIUgNPQ8 https://youtu.be/zFLLUVxVGQc
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Text Comments (148)
Dy Snappers Concepts (10 days ago)
Thanks Karen, I love your coaching because you are so real about what you teach, I want to know what it entails to join your mentorship program, although am not going into life trading yet, but I want to be groom before going into life trading, thanks
Karen Foo (10 days ago)
You're welcome. Thanks for your compliment. You can email my team for mentorship details ([email protected])
Nadeem (14 days ago)
Excellent video💓
Karen Foo (14 days ago)
Thank you so much :)
Kern Pierre (15 days ago)
Awesome video....mindset i like that.....great 10 tips
Karen Foo (15 days ago)
Thank you for your kind compliment
Nick Johnson (21 days ago)
Do you have an intermediate course?
Karen Foo (20 days ago)
Only in singapore
Shark Geek (1 month ago)
thank you for the motivation, its hard a lots of people tell you things you wanna hear and expect but actually its not like that! i wish you the great success and i hope you keep inspiring this people to love the bussiness because of it and not because of the money it self.
Karen Foo (1 month ago)
Thank you so much for your kind compliment. yes people in this industry only want to hear what's nice to the ears but they need to know the truth in order to succeed. Unfortunately people still get attracted to channels that promise get rich quick. But i'll just stay true to what i believe in . All the best to you too!
Zaeqaun Alvarez (1 month ago)
thanks for the tips I found them really helpful. much love
Karen Foo (1 month ago)
Thank you for your compliment
Prima Tiara Saphira (1 month ago)
keep making good videos karen! very helpful!!!
Karen Foo (1 month ago)
I'm glad to hear that. I'll keep doing videos for you and the rest :)
Mick Foley (1 month ago)
You should do a try on haul because your outfits have me like "ohhh daaaamn!!" 😁 I love your polo with the hound dog❤❤ steady drippin swag 😎😎
Karen Foo (1 month ago)
+Mick Foley Oh I see. It's the brand "hush puppies". They have pretty colourful designs ;)
Mick Foley (1 month ago)
+Karen Foo 8:28 this shirt ❤❤ and yeah you should! Everything I've seen you in you rock the hell out of 👍👍
Karen Foo (1 month ago)
Polo with dog? 😅 cant recall which one is it. Really?you want me to do am outfit haul? I never thought I'd receive this request. Because you're the first one 😊
Crypto Pants (2 months ago)
Great video
Karen Foo (2 months ago)
Thank you so much
Hi Karen, i was told by a professional trader that most proven strategies have a 4-5 yr life span due to change in market condition. Would like to get your feedback on this.
Thks Karen. I think the tweak and minor adjustment is necessary
Karen Foo (2 months ago)
Yes. If you watch my most recent videos i talk about constantly tweaking and adapting.
Pranav Punj (4 months ago)
I need money and I want a personal broker on my WhatsApp. Is it possible?? +919599636231
Karen Foo (4 months ago)
Pranav Punj You can contact your broker to ask them
reddrunners (4 months ago)
I agree completely. Thanks so much for sharing. I made $14,000 in two days as a beginning forex trader in 2017 but lost it all in a few days making bad trading decisions. I’m so glad I lost it. It helped me learn so much about trading. I am so so much more successful today in 2018 and continue to grow and learn daily. Take care everyone.
Karen Foo (4 months ago)
reddrunners Thanks for sharing your journey. As long as you learn from it,its fine. All the best to you!
Carlo Blinks (4 months ago)
Karen I would like to start forex...how do I start?
Karen Foo (4 months ago)
Carlo Blinks If you need online mentorship,feel free to email my team at [email protected]
ANSELM MAJANIL (4 months ago)
Agreed with all your tips and learning will never stop in trading as the market tends to change overtime. Thanks for the reminder.
Karen Foo (4 months ago)
You're most welcome ! :)
Awurama Jenny (4 months ago)
I love that you are a lady and you’re doing big things..Keep up Karen am learning so much
Karen Foo (4 months ago)
Awurama Jenny Thank you so much. Yes this is an industry dominated by men. But i see it as a good thing because it's a good challenge. :)
Have Fun (6 months ago)
Karen, I really enjoy your videos! you make me smile and laugh at your presentations and your accent. (It's so cute, not meaning in a bad way at all) I would have to say that my best advice that I've received is a simple quote from Ralph Waldo Emerson: A Man becomes what he thinks about most of the time. So, In perspective of trading, if you are constantly thinking about how NOT to lose a trade, what is the result? You lost the trade. Mindset is vitally important and I love how you really emphasize this in your videos. the key to trading is your mindset. Keep up the great work. I really enjoy all the quirkiness of your vibrant personality!
Karen Foo (6 months ago)
Thank you so much for your compliment. Wow yes i love that quote too. Thanks for sharing that with me ! It is indeed a great reminder. My accent is a mix of Singaporean and Malaysian accent haha. I appreciate your compliment . Happy trading 🙂😌💕
preet sandhu (6 months ago)
Hello mam i am really impress from your information i want to learn forex trading from you please send me your whats app contact number my mobile no +919872785345
Karen Foo (6 months ago)
Thank you. Email my team if you need any help [email protected]
sneha dha (6 months ago)
super cool forex trading tips
Karen Foo (6 months ago)
Thank you Sneha :)
Junsheng Mao (8 months ago)
Having a system,good money management and a STRONG trading psychology will boost your confidence in trading forex.
Junsheng Mao (8 months ago)
Karen Foo Treat demo like real.Use the set and forget method,to be emotionally detached from charts,positions,etc.Let the market take care of the rest.I am risking 2%(SL) for every position.Achieved about 15% profit last week....
Karen Foo (8 months ago)
Transition will be hard at first. Because live trading you will need to deal with your emotions but demo you wouldn't. But if you learn to take real $$$ losses while controlling your emotions, you'll gradually become more emotionally stable. It's not an overnight thing. It will take time.
Junsheng Mao (8 months ago)
Will you be that steady in trading live if you have been winning consistently in demo for at least a year or two ?
Karen Foo (8 months ago)
Junsheng. You're right :)
Luis Alicea (8 months ago)
great video Karen !!! i'm a new subscriber and already respect and appreciate your insight into motivation, inspiration and risk in forex. I couldn't help laughing though at the part you said, " anyone that says they are trading with a 100% win rate system shouldn't be trading, they should be running the UNIVERSE " LOL thanks for the awesome video keep them coming
Luis Alicea (8 months ago)
i agree i'm still practicing on demo but I love Bollinger band and ichimoku
Karen Foo (8 months ago)
Sometimes it's not about which indicator a trader use, it's about how you use it
Luis Alicea (8 months ago)
Karen I menat to ask you, I was curious if you have used Bollinger Bands and RSI combination in trading? divergence is very powerful to use in combination with Bollinger I noticed on 30 minute time frame and higher but was curious if you have a strategy with it or similar style trading. just a thought thanks again
Karen Foo (8 months ago)
Hi Luis. Thank you so much for your compliment. I really appreciate it :)
nickson kisinga (8 months ago)
Lovely video Karen, be blessed.
Karen Foo (8 months ago)
Thank you Nickson. Bless you too :)
KIBeatz (8 months ago)
love the video nice tips xxx
Karen Foo (8 months ago)
thank you ! 😌
Shaun (8 months ago)
Great video. Really inspiring and helped me realize where I’m going wrong.. Thanks Karen!
Karen Foo (8 months ago)
Thank you for your kind compliment, Shaun. And you're welcome :)
Muzammal awan (8 months ago)
After watching 10+ videos i realized oh she is girl not boy...now i really want too see how u look in girl dress....plz wear girl dress in ur video
Karen Foo (8 months ago)
Shaun. Some people are still mentally living in another century. They can't accept that it's already 2018.
Karen Foo (8 months ago)
Muzammal. You must be living in a cave only to come out and realize it's 2018 and only to notice that people come in all shapes and looks.
Shaun (8 months ago)
Oh please stop stereotyping. She wears what is comfortable for her and what she likes.. Learn from what she is teaching and stop worrying about what she is wearing or not wearing.
Muzammal awan (8 months ago)
Karen Foo hahaha yeah... I actually read description thats when i noticed...u look 100% like boy and ur haircut...
Karen Foo (8 months ago)
It shows that you're too lazy to go check my website or even read the video description
Rana Jee (8 months ago)
Rana from Pakistan
Rana Jee (8 months ago)
good really i like u n ur works nice effort....
Karen Foo (8 months ago)
Thank you for your kind words, Rana.
Unaing Ygn (8 months ago)
Thanks for the tips Karen.How can i find the Resistance&Support Line?Plz Karen.
Karen Foo (8 months ago)
You're welcome. I'll do a video on that if you want :)
Nizam Uddin (8 months ago)
Takde yang bahasa melayu ke? Tak fhm doh
Karen Foo (8 months ago)
Tak apa lah. Kalau belajar tiap hari, tetap akan faham. Kalau tengok wayang Inggeris lebih cepat belajar. Kalau baca Inggeris sahaja tetap banyak orang akan mengantuk. Awak boleh email ke ([email protected]) .
Nizam Uddin (8 months ago)
Apa email nya?? Ni first video nk tgok tp tak fhm..hahaha..maaf tau sebb tak pandai eng..sikit2 fhm la tp laju sngt mmg apa pun xfhm
Karen Foo (8 months ago)
Tapi kalau awak ada apa nak tanya aku. Boleh lah email saya.
Karen Foo (8 months ago)
Oh. Saya tak pernah pergi Negeri Sembilan ni. Selalu pergi KL saja. Lain kali lah saya simpan subtitle :)
Nizam Uddin (8 months ago)
Takde takpe la boss..takde rezeki..tp klau ada subtitle bm cantik boss
Adrian Greg (9 months ago)
one advice invest in a simulator and back test a million times on what ever your trading strategy to see is it profitable or not.
Karen Foo (9 months ago)
Thanks for sharing your insights Adrian :)
Lean De Greats (9 months ago)
good advices !!!!
Karen Foo (9 months ago)
Thank you Lean :)
Jethro Kuengan (9 months ago)
why evem share if u do so much money
Karen Foo (9 months ago)
Because I get demands to share my insights to help others. Don't watch it if you don't like it. Simple as that.
Paul Mbulawa (10 months ago)
I like you 👊😇You are awesome! 🔥 Thanks for these tips 👏 👑
Karen Foo (10 months ago)
You're welcome. Thank you Paul. That's so nice of you! 😀😉
Lazly Antony (10 months ago)
packed with a ton of positive energy and inspiration. Just an awesome vid. Thank you :)
Karen Foo (10 months ago)
You're welcome Antony. And thank you so much for your encouragement :)
Mark A Harrison (10 months ago)
GA karen I've been following your Youtube videos and trying to apply as much of your strategy as possible. Im new to Forex trading and still in my Oanda demo account. Ive recently just started going hard with my Forex training and developing my skills. Losing $$ in my trades as expected and trying to learn from my mistakes is the hardest part and even though its my demo account I'm trying to keep emotions out of my trades. Looking for viable mentors in this Forex game like you and just want to be successful at it. I'm 48 yrs old and tired of doing my mundane and no where job. I see being an entrepreneur and learning this skill will help me to finally gain control of my own destiny. I know its not easy but I believe in myself to get it done.
Karen Foo (10 months ago)
Hey Mark. It’s normal to lose money as a beginner. It’s just part and parcel of the trading journey. Keep hustling. I wish you all the best in your trading journey. If you need any specific help, you are free to drop me an email :)
Mustang Mann (10 months ago)
Thanks for the tips Karen ,cheers an happy trading
Karen Foo (10 months ago)
Hey man you’re welcome! Happy trading to you too :)
husnain khan (10 months ago)
u did not reply me yet :)
Johnathan Grey (10 months ago)
husnain khan. Glad you understand. Just be cool, pal. Karen will appreciate that a lot more then being hit on. TRUST me. You're a good person, stay that way.
husnain khan (10 months ago)
im nt insulting i nt abusing. im just saying i really like karen fu.. i respect karen and like karen.dts all
Johnathan Grey (10 months ago)
husnain khan, hey man. I hate to get in the way between a man and his crush. But check this. Karen Foo is like our big sister probably the only real trader online who cares. Because she cares, we all respect her. BUT IF THIS INTERNET STOCKING BULLSHIT DOES NOT STOP AND TODAY!!! YOU'LL REALLY KNOW IT'S ME WHEN YOU SEE ME. BIG SISTER, YOU UNDERSTAND WHAT A BIG SISTER IS DONT YOU?! BELIEVE ME SHE WILL BAND YOU FROM HER CHANNEL THEN YOU'LL NEVER SEE HER AGAIN. EVEN IF YOU COME BACK ONLINE WITH A DIFFERENT ACCOUNT. TRUST ME SOMEHOW, SHE'LL KNOW. I'VE SEEN GUYS LIKE YOU GET BAND BEFORE AND SOMEHOW, SOMEWAY SHE KNOWS THEY'VE BEEN TRYING TO PICK HER UP BEFORE!!!! THEN YOU'LL REALLY GET THE TROLL OF A LIFETIME, GOT IT!!!!!! So please just be chill kid. ok?
husnain khan (10 months ago)
i will wait for u :) remember me :) <3
Johnathan Grey (10 months ago)
Karen Foo, Damn Karen. You really do need a protector.
D I (10 months ago)
I bought at 1.84000 I deposited £10000 with levarge of 500 and I sold at 1.24500 ,😁😎😁😁😉😘
Karen Foo (10 months ago)
Awesome! :)
harunrasheed shaik (10 months ago)
Super
Karen Foo (10 months ago)
Thanks
Wavemaker (10 months ago)
I'm using a demo account now. I think I have a talent in forex trading. I have 3 open trades now and in less than a minute, all of them are losing! I guess my trading system will be to trade against the direction of what I want to trade. Easy money here.
Johnathan Grey (10 months ago)
Wavemaker. Well thank you for you're half truth.
Wavemaker (10 months ago)
Jonathan Grey, I was just half joking when I said that. My trades did turn to negative in the first few minutes but those trades are still open (after 5 days) and I'm earning more than 300 pips combined now. But she is right though. Keep practicing until we become confident. I'm a stock trader so I was able to use the technical analysis that I use in stocks trading. I'm just a beginner in forex trading though.
Johnathan Grey (10 months ago)
Wavemaker believe me man she's right. I've seen the rich try this market and this is really normal what you're experiencing.
Karen Foo (10 months ago)
If you're just starting out, it's normal to experience that. Keep practicing in demo until you become confident.
Wolf Trader (10 months ago)
All your videos are awesome.... Hope u will visit in India someday...
Karen Foo (10 months ago)
Thank you so much. I might just do that,since I get a lot of demand from your fellow community.
TraderStudio (10 months ago)
Perfect advices for everybody!! Congratulations 👏🏻👏🏻📈
Karen Foo (10 months ago)
Thank you. I do my best to produce better videos for you and the rest :)
Plugwalk 954 (10 months ago)
Never get a DOJI Tattoo!
Karen Foo (10 months ago)
Haha ok i won’t . But why though? :)
rachid mourbaa (10 months ago)
Thanks for the ideas.
Karen Foo (10 months ago)
You're welcome Rachid. Hope it was beneficial.
Johnathan Grey (10 months ago)
I hope those thumpdowners stay clear or troll somewhere else.
Johnathan Grey (10 months ago)
Karen Foo, for my new friends why not. You're the best protector for the mind. You're the best forex trader in the world, pal. : ) You're still 5☆☆☆☆☆ 100%, legit, authentic, perfect 10, beautiful mind of a 1,000 geniuses. The one, the only person who saved my life. Karen Foo,
Karen Foo (10 months ago)
Best protector bodyguard in the world :)
Karen Foo (10 months ago)
Buddy, I think they are scared of you.
Tim Tucker (10 months ago)
been forex trading for a year, Have to agree with you that it takes time to build accounts, Happy trading
Karen Foo (10 months ago)
Yeap. Took me at least 3 years. Happy trading to you too, Tim.
JARWANTOGAMER (10 months ago)
#1. at least 3 Years. I knew forex trading 16 Years Ago when I was in school. And started Trading in 2009. maybe 8 years. The result I was Burn a lot of money and got fallen. untill now, i am still learning, makw mistake and some profits
Karen Foo (10 months ago)
I wanted to. But I was speaking in a seminar. Hope that you've enjoyed seeing it! :)
JARWANTOGAMER (10 months ago)
Karen Foo thanks Karen, How About the Moon eclips, you see it
Karen Foo (10 months ago)
Jarwanto. It's alright. I got burnt multiple times before as well. You're part of the very few who really didn't give up on this. Know that it's not easy but I'm sure you'll achieve your goals one day.
Karen Foo (10 months ago)
Share with me and the rest your best forex trading advice.
Nick Johnson (21 days ago)
Mine is basic. 50 EMA 200 EMA i wait for a clean break through the 50 EMA and a close then wait for a rebreak to the opposite side of the 50 EMA after it closes i go short or long depending on the second break through.
Mick Foley (1 month ago)
I like using nadex as a platform. The indicators I use are EMA, MOMENTUM, and RSI. There is no 100% win rate system, but there have been a couple days where I didn't lose a trade ☺☺

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