Posts
False break on daily level of support a good opportunity to take long to the resistance level area marked on the chart .
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Tuesday
USD/JPY Opportunity For Long Trade
The pair created a pin bar on support level and now provides an opportunity for long trade The expectation is the pair will continue to increase to the levels that marked in the graph.
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Monday
Saturday
Gold Technical Analysis
as you can see in the gold chart there is still potential for further increases there is 2 pin bars on strong support 1530 price area, the target will be 1790 resistance,stop location preference below 1500.
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Pin Bar Forex Trading
Pin bars are one of the most popular price action forex trading strategies. They show a clear rejection of a price level and are often followed by a large directional move opposite the direction of the rejection.pin bar is the highest-probability setup that are worth risking your earned money on, I prefer to trade only 4 hour and daily time frame,because is a much higher probability the trade will be Successful.
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Thursday
Forex Order Types
Limit Entry order A limit entry order is placed to either buy below the current market price or sell above the current market price.
Sell Limit Order
Buy Limit Order
Stop Entry order A stop-entry order is placed to buy above the current market price or sell below it. For example, if you want to trade long but you want to enter on a breakout of a resistance area, you would place your buy stop just above the resistance...
Risk / Reward Important Part Of Forex Money Management
Forex trading is a game of probabilities, traders who learn to view and think about trade setups In terms of risk to reward,are the ones who usually end up making money in the Forex market. Defined trade setups at the right place and time is definitely a necessary ingredient to Successful trading.However, it is possible to make consistent money even if your discretionary Trade setup identification skills are not fully matured yet. Risk...
Price Action Forex Trading
What is price action forex trading?
Price action trading is the art and skill of making all of your trading decisions off of a stripped
Down or price chart. This means no lagging indicators outside to help identify dynamic support And resistance areas. All financial markets generate data about the movement of a security Over varying periods of time in the form of price charts.
All economic data that leads...
Forex Trading With Money Management
If you are
reading this article then you are are probably looking for more information
regarding Trading with money management. It is true that one of the real keys
to success when it comes To Forex trading is a good money management strategy.
When you are
trading with money management then you will be able to protect your capital and Make sure that you keep your profits as high as possible and limit your losses.
In principle this Sounds quite easy, however there are far too many people who
break these simple rules.
I...
Forex Trading Psychology
trading psychology. Many people are frightened about
Forex trading because they think it is too difficult and they are worried that
they may lose money. However this is not true because with the right trading
psychology along with some easy to implement techniques, Forex trading can be effortlessly
conquered.
Most of the
techniques involve the mind of the trader and this is described as Forex
trading psychology. Research has found that over 90% of a trader’s success
depends on their trading psychology.
It is...
Wednesday
Forex Trading Benefits
24 Hour Market
Since the forex market is worldwide, trading is continuous as long as there is a market open some where in the world. Trading starts when the markets open in Australia on Sunday evening, and ends after markets close in New York on Friday.
Liquidity
In forex we can move large amounts of money into and out of foreign currency with minimal price movement.
Leverage
Leverage is the ability to trade more money on the market than...
What Is Forex Trading?
If you are
reading this article then you are probably looking for more information
regarding Forex trading. You may already be familiar with the phrase as you may
have come across it on The television or on various websites, however just what
is Forex trading? The Forex market is Operated 5.5 days a week and is it
available to anyone who has a computer as well as an Internet connection. Forex
trading can be carried out from anywhere in the...
