No nonsense forex is a trading strategy that has gained popularity in recent years due to its simplicity and effectiveness. The strategy is based on a set of rules that are designed to eliminate the noise and focus on the most important aspects of the forex market. The strategy is the brainchild of a trader who goes by the name VP.
VP, whose full name is unknown, is the founder of No Nonsense Forex. He is a full-time trader who has been in the forex market for over a decade. He started trading in stocks and futures before moving to forex, where he has found success. VP is known for his no-nonsense approach to trading, which is reflected in his trading strategy.
The No Nonsense Forex strategy is based on a set of rules that are designed to identify the most profitable trades while minimizing risk. The strategy is based on a combination of technical analysis and fundamental analysis, with a focus on price action. The strategy is designed to work in all market conditions, from trending to ranging markets.
VP is known for his straightforward approach to trading. He is not a fan of indicators or other trading tools that are commonly used by traders. Instead, he focuses on price action and other factors that are known to influence the forex market. His approach is based on the belief that the forex market is driven by a few key factors, such as economic data, central bank policy, and geopolitical events.
One of the key features of the No Nonsense Forex strategy is its use of a ranking system to identify the best currency pairs to trade. The ranking system is based on a combination of technical analysis and fundamental analysis, with a focus on volatility and liquidity. The strategy also includes rules for entering and exiting trades, as well as managing risk.
VP is known for his no-nonsense approach to teaching trading. He offers a range of resources for traders, including a YouTube channel, a podcast, and a website. His YouTube channel, which has over 100,000 subscribers, features videos on a range of trading topics, including the No Nonsense Forex strategy, trading psychology, and risk management.
In addition to his YouTube channel, VP also offers a podcast called the Forex Q&A Podcast. The podcast features questions from traders, which VP answers in detail. The podcast is a valuable resource for traders who are looking to improve their trading skills.
VP also offers a range of resources on his website, including a blog, a trading course, and a forum. The trading course is designed to teach traders the No Nonsense Forex strategy in detail. The forum is a community of traders who share their experiences and offer support to each other.
In conclusion, VP is the founder of the No Nonsense Forex trading strategy, which is based on a set of rules designed to identify the most profitable trades while minimizing risk. VP is known for his no-nonsense approach to trading, which is reflected in his trading strategy and teaching style. His resources, including his YouTube channel, podcast, and website, are valuable resources for traders who are looking to improve their trading skills.
