what's up ladies my name is VP tell youwhat I've got the brains you've got the looks let's make lots of money so inmost of the videos that you may have seen so far most of my early videos Ispend a lot of time talking about tools and concepts and
ideas that I reallydon't like when it comes to forex trading and the reason I do that is toget all those things out of your personal trading system before we startmoving on to things that I really do like and these are two of my absolutefavorite currency pairs to trade
I have had more success with these two currencypairs I think more than any other currency pair as far as the eight majorsgo I don't know this for sure but I know it's it's it's a very noticeabledifference when I look back at trading these two pairs compared to tradingeverything
else I do pretty good across the board but these two have reallyvaulted me into that next level and I hope they can do the same for you sowe're gonna talk about this in this video I'm going to talk about all threeof the currencies that are involved in those
two pairs so the euro the BritishPound and the Swiss franc and I'm gonna show why both of those pairs the EuroPound and the Pound Swissy are really great options to trade I'm gonna go tomy charts at the very end and kind of prove to you what I'm talking
about Imean we're not gonna go over individual trades or anything like that but from avery macro zoomed out view I'm gonna show you how well these things move andgive you a little warning at the end you're gonna want to stick around forthat because the whole middle of the
video isgoing to be explaining why these things are so great and at the very end I'mgoing to show you two ways that even if you trade these currencies the way I doyou can really screw it up if you're not careful so stick around for that so ifyou guys
are fans of the no nonsense Forex YouTube channel welcome backyou're gonna love this video if you're brand new I'm gonna reference othervideos I've made in this I'm sure I can can already tell you it'sgonna happen so I might as well tell you what those arcs I'm gonna link
all ofthese down below and they're all very important videos to see so after you'redone with this one if you want to go watch these I would recommend it firstoff the video I made on the Eurodollar it is the single most traded currencypair on the planet and it really
shouldn't be there's there's there aremany reasons for this and I'm going to talk about some of that coming up realsoon here so definitely check that video out when you get the time the big banksvideo is essential if you don't understand why price moves up and downbecause most people
have no idea you don't have a great shot in this marketperiod that is absolutely essential if you're coming to this channel for thefirst time it's always the very first video I recommend you watch and I'lllink that down below too I'm a trend trader and if you want to
understand whyand why I am very anti reversal you're gonna want to see that because I willreference the fact that I'm a trend trader in this video too I am sure andthen I host something called the Forex Q&A podcast and in episode 4 I talkabout how many currency pairs
you should actually be trading it's probably morethan you think it's probably more than you currently trade right now and thenin every trading video I make I am always talking about trading the dailychart in the daily chart alone and the reasons why are going to be found inepisode 3
of the podcast so it's me a pretty heavy description section there'sgonna be a lot there I'm gonna link all of these down below so you can just goright to it but I recommend you watch them all you will be a very differenttrader with a very different mindset once
you're done with all these andseeing is how most traders lose money that's gonna be a really good thing solet's move on I want you to understand especially if you're new I'm a trendtrader all right you understand that right away I'm a purely technical traderI don't like news I
avoid forex news every chance I can because I have areally good charting system that tells me where price is going to go and I relyon that the last thing I want to have is some crazy forex news screwing up mybeautiful technical trade and this is one of the
biggest reasons I really liketrading these two currency pairs and it's one of the biggest reasonsI don't like trading pairs involving the United States dollar now I do tradethose pairs make no mistake but I've also been doing this for 10years and I do have success with dollar pairs but
not nearly as much as I dowith others the biggest issues I have with dollar pairs and I've been overthis in other videos but if you are brand new let's talk about those firstoff the big banks love to manipulate dollar pairs how come because they aresuper popular everybody for
some reason everybody just decided no matter whereyou are in the globe I really want to trade pairs thatinvolve the United States dollar and that's all I want to do and the bank'sknow that they're gonna go where the most money is and they're gonnamanipulate price left and right the
whole idea to make money and getyourself off of the big banks radar is to avoid pairs that involve the UnitedStates dollar on top of that the news events that involve the United Statesdollar move those currency pairs more than any other pairs that I see and thatis very unfortunate
if you are currently in a currency pair involving the UnitedStates dollar because things like non-farm payrolls for example wheneverinterest rates might be moving but probably aren't no matter what interestrates are doing anytime there's news on that the banks have carte blanche tomake that thing go crazy and if
you're currently in a trade that involves theUnited States dollar you really have to take some measures to protect yourselfnow because you have no idea where this thing is going to go I might be ahundred and 50 pips up on the pound dollar and instead of just letting youdo
what it's going to do now of a sudden I have to kind of play damage controland move my stop losses move my take profits because I could easily get all150 of those pips wiped out even on news that goes my way that is just what thebanks do you've
seen this happen before if you've traded these pairs you knowwhat I'm talking about it's very frustrating sometimes and on top of thatespecially now my god even the day to day news if Donald Trump puts out atweet and I don't care about anything he says about anything but the
media doesand for some stupid reason the markets do and they will react violently andthese tweets and these announcements come outof nowhere and especially now that we're in a trade war with China it's justgonna happen more often yet another reason to really stay away from thesethings because even if
you're a forex news trader which I don't recommend youdo at all there's no way you can trade any of this it's way too unpredictable youhave no idea what he's gonna say what effect it's going to have and then whatthe banks decide to do with price how do they
interpret it you don't know any ofthese things therefore you have no control and why would you want to tradecurrency pairs that you have very little control in it just doesn't make anysense the right move especially right now is to get into cross pairs crosspairs are fantastic yet so
many traders out there don't even explore thisterritory and I don't understand why the cross pair is you're gonna see differentdefinitions of what they are I describe them as any combination of the eightmajor currencies that do not involve the United States dollar this is where themajority of my money
is made and it's really for the reasons I describedearlier but what I want to do right now is go into all three of those currenciesindividually and tell you why I like them the way I do and then we'll talkabout the actual pairs and why I like those the
way I do first off let's startwith the euro a lot of reasons I like trading the euro first off it's just notaffected by the dollar that much the euro dollar pair of course is going tomove up and down with dollar news but the Euro as a standalone currencydoesn't
care too deeply what the United States does at least not right now andthat's really great and the news events that the euro has within it are prettyscattered now what do I mean by that well the European Union which is whatuses the euro has many nations within it and
some are much stronger than othersof course Germany's at the top and then France and then Spain Italy on the waydown but because it's not one nation and there's so many nations inside of itwhen news good or bad happens to one country it doesn't move the euro asadversely as
let's say Canada would move if really bad news came out for theireconomy if something really bad happened to canadianGDP numbers for example the cads gonna drop pretty hard if really bad GDPnumbers came out for France the euro is gonna move but not nearly as much andthen you have
very few pieces of news every month that actually affects theeuro as a whole so usually when the head of the ECB is talking so when MarioDraghi comes up and has something to say that's a really good time to make surethat you're not trading the euro and if you
are you have taken measures toprotect yourself but this is fine because this does not happen often youknow when it's coming and you can plan accordingly Mario Draghi is not the typeto start tweeting something crazy and making the price of the euro go all overthe place you know you
don't have to worry about that here so these are thereasons why I really love trading the euro every chance I get a signal I'm onit now on the pound the pound is just its own dog you know it just doesn'tcorrelate with anything as you guys know if you've
been trading this market theeuro and the Swiss II kind of go up and down together and then you'll have timeswhere the United States dollar and the yen will do the same thing becausethey're both known as safe haven currencies and then you'll see theUnited States dollar and the Canadian
dollar move kind of in tandem with eachother sometimes too because they're both North American currencies if you give acurrency pair a reason to correlate not go anywhere and move up and down at thesame time they're gonna do it but the pound just doesn't care what anybodyelse is doing
it's it's its own thing and because of that these the pairs thatare involved with the cat very rarely stagnate they don't go sideways and donothing because going sideways and doing nothing is really bad for us trendtraders we want things to move and pound pairs certainly do like to
move and forsome reason for me the news on the pound is very easy to follow I know which newsevents are going to affect it and which ones aren't in the future guys I'm gonnamake and this is going to be the distant future probably I'm gonna make anindividual video
on every single one of the eight major currencies and in thosevideos I'm going to go over which news events are the ones you really have tolook out for but in the meantime if you guys just do alittle bit of homework and backtrack and find out which of these
events reallymove the pound it's not hard to see there you can go do this right now butknowing when those news events are coming you know I can almost just Idon't even need my calendar anymore I almost know when they're happening andit's great because I have much more control
over my trade now because I knowwhen it's time to get out of the pool or when it's time to make my adjustments Ireally like the pound for this reason moving on to the Swissy now the Swissyis pretty nice it's the most I put this down I might backtrack
on this the mostnews neutral major currency I mean any news events that come out for the Swissyreally don't ever affect it I mean you might have to pay a little bit ofattention when the Swiss National Bank comes out and has something to say butthey almost never do and
the reason I want to backtrack a little bit isbecause the yen is actually probably just as news neutral as the Swiss he isyou can sleep through yen news you can pretty much sleep through Swiss francnews too but that's great that's one less thing I have to worryabout as
a technical trader now it does move with the euro sometimes itcorrelates with the euro sometimes it doesn't it did a lot more in the pastbut it still has a tendency to do that and so if really good news for the eurocomes out for example the Swiss e is
going to move to but not as much as theeuro is going to move so I also like very little variance in my news and theSwiss e really helps out with that too because even if it's gonna move with theeuro it's not gonna move as much as the euro
does and you just this onesometimes you look at currencies and you're just like why is it doing whatit's doing I don't understand this there was no news that came out for the Aussiewhy is it going crazy and the answer is usually the big banks but no matter whatthe
reason is it still sucks you know you want predictability you want thingsto move in a nice smooth trend and sometimes currencies just don't feellike doing it that day but you almost never see that with the Swiss e or yousee it less than to do with the other 8
currencies so I start with the other 7currencies of the 8 majors so it's for this reason that I really enjoyedtrading the Swiss franc well and it's even better now that it'snot pegged to the euro because it can actually move a little bit moreindependently which opens the door for
6-7 other currency pairs for us to tradereally really nice so you take these three currencies and you put themtogether and magic starts happening so let's talk about those pairs themselvesso why do I like the Euro Pound as much as I do well first off it is almostalways the
slowest of the eight majors if you guys have seen the ATR video hasprobably the lowest ATR of the eight majors almost all of the time and that'snice because you can actually control it to a degree it does not care about USD news I mean if non-farm payrolls arehappening
and I have a Euro Pound trade open I can pretty much just not worryabout it which is great because non-farm payrolls is the single largest forexevent of the month it happens at 5:30 in the morning Pacific Standard Time and Ido not want to be awake at that time
I don't want to have to sit there andworry about anything that's going on there and with a Euro Pound trade youreally don't have to pretty sweet it rarely stagnates it's been stagnatinglately but that's fine because in a three-year span which I'm about to showyou it almost never does
it's always moving somewhere and so the combinationof being nice and slow and easy to control and almost always trendingsomewhere is a really really great combination and yet there's traders outthere that have never ever traded this pair before I just don't understand itand as a result of all these
things by wind percentage on this thing is high ifI'm getting a buy signal on the Euro Pound and on the euro dollar I'm notgonna split my money in between the two I'm putting all of it in the euro poundjust because it's in my best interest to do so
because there's a much betterchance I'm gonna make money simple as that guys I mean at this pointare you at least somewhat convinced that this is a currency pair that needs to bepart of your trading because it really really does let's talk about the otherone the pound Swissy actually
moves faster than the Euro Pound if the EuroPound just moves way too slow for you I guess that's fine you know trade thisone it does have a higher ATR almost all the time then the Euro Pound does but italso just does not care about dollar newssome always last
thing you want to do is have to worry about what Trump's doingor what any of our goofy little news events are gonna affect your trade andyou get to avoid all that which is really great and this one flows evenbetter than the Euro Pound it stagnates less it trends
more awesome and I toldyou in the past that if you want to make money you have to stay away from the bigbanks you need to be under the radar and this pair is super under the radar I didI don't know anybody that actually trades it at least not
with anyregularity and that's crazy to me because look at all of these wonderfulreasons why you should trade this pair I just don't get it I don't knowthat's fine more money for me but if you went in on this I suggest you put thispair in there too so all
of this being said as much as I love those threecurrencies you know why do I not trade at the Euro Swissy that's the onecombination that we haven't talked about well there's a reason why for thelongest time they used to correlate with each other and you just couldn't get
anymomentum out of it and that sucked it's finally moving well again and that'sgreat it has really opened the door for traders I mean if you're gonna trade theAussie Swissy you might as well just trade the euro Aussie it's the samething only going the opposite direction but nowadays it's
not you know these twocurrencies have distanced themselves enough to where even the Euro Swissy isfinally moving well again and I am trading it I just don't have a bigenough sample size to go on it is not vaulted itself into my favorites listbecause I avoided trading it for so
long and even in that video even at thatpoint I still generally avoided it because I just didn't know when theywere gonna start correlating again and I have no problems just taking this oneout of my trading but it's creeping its way back I just don't have enoughresults to say
hey I really like trading this or I really don't like trading thisso that's the only reason I didn't mention it but it's still something thateven though I said back in episode 4 the podcast to not use it you can probablystart letting it back in just with caution all
right so let's uh let'sgo ahead and go to my charts and I'm gonna show you what I mean when I sayhow well some of these currency pairs move so here we are at the Euro Pounddaily chart and I've zoomed out let's see it is late August 2018 and
this isuh about a two and one-quarter year sample size of what I'm talking abouthere and this right here was brexit and so ever since then really you get nicesustained moves all the way across these are really nice trends it may look likeconsolidation from afar but is it really
let's see top to bottom about 540 pipsfor a pound for a pair like this that's phenomenal there's a lots of money to bemade here here and here really big move up and then it startedgetting into a little bit of a tighter range even here guys I'm gonna measuretop
ish to bottom ish 325 pips you're not going to get a lot of big wins inthere but there are plenty of wins to be made in a range like that the only timewhere this thing totally sucked was right here let's say the range on thatand that was just
recent yeah this is too tight of a range for us to makemoney my volume indicator just didn't pick up on it fast enough but that'sfine I mean you know boohoo if you get one little shit range like that in thespan of two and a half years you're doing
really good apart from that thisthing is always moving and always giving you chances to make money and you get toavoid dollar news all the while pretty darn nice let's go to the pound Swissyand Swissy daily chart now you'll see in a lot of ways at least early on
who ismoving in the opposite direction the Euro Pound was which was fine you gotyour brexit candle here am i right yeah here and then I mean all the way acrossjust plenty of opportunity almost never ranin place and went sideways and you'll notice too like I said before the
rangesare bigger so let's take kind of a small consolidation range like maybe here eventhere 450 pips plenty of opportunity to make money there and didn't really havethat terrible little consolidation phase where it just did nothing for about amonth I don't see it I mean I was making money
all the way up and down throughthis whole time really really good and most traders don't trade this pair okayfine whatever but you can see and you can do this with any currency pair youwant and you can kind of get an idea of how well it's going to serve
you as atrend trader but very few whipsaws in this wholething just really nice smooth wonderful trends all across the board and a twoand a half-year sample size is plenty things can always change as is alwaysthe case but you know in the last two and a half years and
you can you cankeep going back if you want now this the sucker moves really really good pair totrade so the one thing we have not talked about yet when it comes to thesepairs is the warning and this is pretty important that you listen to this partbecause I just
got done telling you how great these pairs are but you can easilyscrew this up and if you do you're gonna blame me because I've been hyping thesepairs up so much even though you lost moneyunderstand this do not wait for one to confirm the other sometimes the euro andthe
Swiss II move in tandem so when this happens you're gonna get a long signalon the Euro Pound very soon after you get a short signal on the pound Swissythis happens sometimes and if you're getting them moving in tandem like thisto where you're getting signals very close together don't
make the mistake Idid I said okay the Euro Pound and the pound Swissy are really close to givingme a signal I'm gonna wait until they both say go and indoing that I missed out on some really really great trades I don't get mad whenI lose I get mad
when I miss out on winners and that was happening if youtrade both of these pairs you're gonna see what I'm talking about just rememberthis and put it in the back of your mind that I told you as soon as one gives youa signal go for it don't wait
for the other one to follow also don't tradethese both at the same time because what's going to happen is you are goingto be over leveraged in the pound all right I'm gonna make the risk videoreally soon here guys but just know that let's say you are somebody who
only puts1% risk in every trade and that's that's your money management if you're tradingboth these you know have 2% in the pound if something goes sideways in the poundthat's gonna hurt because you have over leveraged yourself just be reallycareful here trade 1 if you have a signal on
the Euro Pound take it andthen ignore any signals you get on the Pound Swissy because you're essentiallydoubling up here when I do make that risk video it's gonna be a big one andit's gonna go over this idea but I hope you understand what I'm saying here ifyou are
somebody who makes sure that you only have 1% of risk out there at anygiven time but you're in 2 pound trades that both have 1% risk you have overleveraged yourself so just be really careful not to do occlusion be cautiousof dollar pairs always you know whether you have
to take your the amount ofmoney you trade on these pairs down to half do that especially when you'refirst starting out you're going to want to you're going to take more losses onthese than you will cross pairs trade more cross pairs that's where themoney is that's where my money
is and if you guys are attempting to trade like meand a lot of you are this is a big part of how you're going to trade pay reallyclose attention to these two pairs though they are killers they arewonderful pairs to trade and I think over time will provide
a really nicesource of income for you but just don't trade them both at onceand don't trade them during the week before in the week after a brexit votefor the love of God I think that should go without saying but I would be remissif I didn't mention part so
subscribe guys if you haven'talready who else is talking about the things I'm talking about nobodyI really wish when I was starting out I had that one honest friend that hadexperience and had success that could tell me what to do and what not to doand now you have that
nobody else is gonna tell you this there I'm gonna tellyou the same stuff works over and over again and you're gonna wonder why you'rerunning in place or why you're losing money this is the place to be you guyscheck out all those videos I have listed below and you
are gonna learn so muchabout this market that you did not know before because frankly information likethis just doesn't exist anywhere else alright guys see you in the next videoin the meantime go out there and get it
