Manual Trading: Making €1,000+ DAILY
Today we want to provide you with a lesson on manual trading. As you will see, Andrew made over €1,000 with just 2 trades, and it took only a single hour to achieve. We have the live trading video right here, and the proof is in the profits. Here at the Income Mentor Box Day Trading Academy, we are all about teaching aspiring traders to be the best in the business. Let’s go over some manual trading tips, courtesy of Andrew, and examine how he made roughly €1,100 in just 1 hour!
Manual Trading: €1,000+ In 2 Trades
Just to clarify, here Andrew was able to make over €1,000 in just 2 trades. He did this purely through manual trading, which is usually the standard when trading Forex. Yes, Andrew was able to make over €1,000 in just 2 trades, and it only took a little over 1 hour to achieve these profits. The two trades which he placed were USD/JPY and GBP/USD.
Combined, they produced well over €1,000 in profits. Today’s manual trading lesson is all about how you can replicate Andrew’s profits, all courtesy of the Income Mentor Box Day Trading Academy. It’s all about making life easier for you and teaching you how to make big money through manual trading. In order to get full lesson on every Forex and day trading, join our Income Mentor Box Day Trading Academy.
Manual Trading: Support And Resistance
One of the strategies which Andrew from our Income Mentor Box Day Trading Academy uses to place the right trades, and to close them at the right times, is support and resistance. Knowing how to use support and resistance lines is crucial for manual trading, and it will help you determine when to close trades, when to open them, and in which direction to trade as well. As you can see from the video, we place a lot of faith in support and resistance, and more times than not, it turns out to be very reliable and highly profitable.
Here we closed these trades on live video. This is because for manual trading, there are no other traders or trading academies out there which do live trades, showing real profits and real trading methods. The whole point of us doing this manual trading video and closing trades live on video is so that you know that our strategies are real, that they work, and that this is the real deal. It’s solid proof that Andy’s manual trading using support and resistance actually works. This is how you can make good money on a daily basis through manual trading.
Manual Trading: Using The Best Currency Pairs
One of the things which we cannot stress enough, is that to make profitable trades, you need to pick the right currency pairs for Forex. Yes, there are many different pairings out there to choose from. However, not all of them have the same volatility, reliability, and overall profit potential. As you can see from the manual trading video, Andy has a few currency pairings which he favors over all others.
These are usually the best currency pairs to trade with, the ones with the most profit potential when manual trading is involved. Generally speaking, the very best currency pair to go with is the EUR/USD pairing, as it has a high level of liquidity and the highest order flow as well. Some other currency pairings which are fantastic to trade with include USD/JPY, USD/CHF, AUD/USD, EUR/CHF, USD/CAD, GBP/JPY, and GBP/USD. If you stick to these various currency pairs we have listed here, the potential for profit drastically increases when compared to other currency pairings.
Manual Trading – Economic Calendar & 3 Bull News
Another big manual trading tip, courtesy of our Income Mentor Box Day Trading Academy, is to always go to investingnews.com and check the economic calendar. For one, make sure that you select the time zone which you are in. What you are looking for in this economic calendar are news releases. If you are trading with any given currency, you want to ensure that there are no significant news releases coming out.
This goes double for 3 Bull News. If a currency, such as the EUR, is experiencing 3 Bull News, you want to avoid trading with it for the time being. Never trade with any particular asset when said asset is experiencing 3 Bull News. So, for manual trading, compare the favorite currency pairs listed above, and then check the economic calendar for 3 Bull News. Keep an eye on 1 and 5 minute charts, look at the support and resistance lines, and make sure to pay attention to news releases.
Please do keep in mind that here we are only providing a rudimentary explanation of how to make good money through this kind of trading. If you want the full lesson, watch the full manual trading video. For even better and more in depth lessons, you should join our Income Mentor Box Day Trading Academy.
Manual Trading Tips – Final Thoughts
There you have it folks, a relatively simple explanation and tip session on how you can maximize profits and choose the right trades when trading. Always use the favorite currency pairs which Andrew discussed, and always check the news releases for news releases related to these currencies. Remember your support and resistance lines as well!
Like we said before, for a more in depth lesson on manual trading, please check out the embedded video and join our Income Mentor Box Day Trading Academy. Here we also provide many other lessons, including over 51 video tutorials for Forex and day trading, an EBook, a private chat room, and more.
Here at the Income Mentor Box Day Trading Academy, we even provide trading signals for manual trading. All you have to do is copy and paste our manual trading signals into your own trading platform, and you can make money just like Andrew does in his live videos. Folks, he made over €1,000 in 1 hour, with 2 trades. This could be you!