Learn to Trade in 5 Days

Master Forex Trading with TradingView’s Long and Short Position Tools

Simplify your Forex trading and generate $1,000–$1,500 weekly by using only the essential tools in TradingView, like the long and short position tools in the Projection Section. After seven years of trading and millions in profits, I’ve learned that clutter like emojis and excessive indicators only complicates things. In this guide, I’ll show you how to use TradingView’s long and short position tools to plan trades, avoid distractions, and trade like a pro in the $6.3 trillion Forex market.

Get my 5-Day Trading Mini-Course

1. Why Long and Short Position Tools Are Essential

The long and short position tools in TradingView’s Projection Section (the green and red boxes traders use) are critical for planning your Forex trades. They help you visualize potential buy (long) or sell (short) trades, set stop-losses, and calculate profit targets with precision.

How They Work:

• Long Position (Green Box): Marks a buy trade, showing entry, stop-loss, and take-profit levels for when you expect a currency pair (e.g., EUR/USD) to rise.

• Short Position (Red Box): Marks a sell trade, planning for a price drop, with clear risk and reward levels.

• Benefit: Simplifies trade planning, ensuring you know your risk-reward ratio before entering.

Star these tools in TradingView’s Projection Section to keep them in your toolbar for quick access.

---

2. Other Essential TradingView Tools

Besides long and short position tools, you only need a few other TradingView features to trade effectively. Here’s what I use to make millions without distractions:

Must-Have Tools:

• Trend Line & Horizontal Line (Line Section): Mark support/resistance and trends. Star these for easy access.

• Head-and-Shoulders (Pattern Section): Spot reversals with this reliable pattern. Star it.

• Text & Callout (Text Section): Add notes for backtesting or strategy planning. Star these.

• Measurement Tool (Measurement Section): Track trade duration or price moves. Always available, no star needed.

Tools to Skip:

• Emojis: Keep charts professional—smiley faces don’t make profits.

• Excess Arrows (Brushes Section): Multiple arrow types are redundant; stick to rectangles or brushes if needed.

• Zoom, Magnet, Lock Drawings: Unnecessary features that clutter your workflow.

By starring only these tools, you’ll create a clean, focused TradingView setup, saving time for price action analysis.

---

3. Why Simplicity Wins in Forex Trading

TradingView is packed with features, but most—like stock screeners, pine editors, or calendars—are irrelevant for Forex. Focusing on price action and a few tools like long/short positions ensures you trade with clarity and avoid information overload.

Benefits of a Simple Setup:

• Clear Decisions: Long/short tools show exact entry/exit points, reducing guesswork.

• Time Efficiency: Spend 90% of your time analyzing candlesticks, not tweaking settings.

• Profit Focus: Clean charts lead to better trades, like my $110,000 single-day win.

I ditched complex tools early on, and my profits skyrocketed. Stick to what works.

---

4. Real Trade Example: EUR/USD Short Trade

Here’s a trade I took using the short position tool, generating $2,500 in a day:

• Trade: Sell EUR/USD on a 4-hour timeframe.

• Setup: Daily chart showed a bearish trend with a horizontal resistance line. The short position tool marked my entry, stop-loss (40 pips), and 3:1 reward target.

• Entry: Entered after price rejected resistance, risking 1% of my account via a position size calculator.

• Result: Profited $2,500, shared live with my community.

Profit Screenshots: My students see results like $1,000, $2,500, even $10,000 weekly using these tools. Join my course to access these setups!

Get my 5-Day Trading Mini-Course

Final Thoughts

Master Forex trading with TradingView’s long and short position tools and a simple price action strategy to generate $1,000–$1,500 weekly. To succeed, you need:

• Long/Short Tools: Plan buy/sell trades with clear risk-reward ratios.

• Minimal Tools: Use trend lines, head-and-shoulders, and text notes; skip emojis and clutter.

• Price Action: Focus on candlesticks for real-time accuracy.

• Proven Strategy: Follow my setups for consistent profits.

Ready to trade like a pro? Join my 5-Day Trading Mini-Course to learn my price action strategy and trade with a community generating massive profits weekly.

Disclaimer: Trading involves risk, and it’s possible to lose money. Always trade responsibly and seek professional advice if needed.