This is a very powerful trading exercise I have used in my trading journey to help me build confidence in my trading and to also help me to identify the potential direction of the market. Forex is about executing trades over and over again systematically with confidence. Try this little trading exercise out and see how you get on.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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