DXY - 48 hrs.
The sell-off in the stock markets on Wall Street took place on yesterday's trading day (Wednesday), contrary to the rise in the DXY and/or the increase in the price of the us yield curve. Was this triggered by options (usually options that expire on the same day)? Or whether it was a daily dip on the way up (in the case of the stock market)? I...
I. Not proficient unconsciously.
When you enter the market and start trading, you may think that it's a great way to make money because you hear a lot about it and know of people who have made a lot of money from Forex. However, it's important to note that this is just the first stage and, like when you first learn to drive, it may seem easy at first but can be...
OANDA:XAUUSD
1. Get a Mentor
The best asset to your trading is having a knowledgeable mentor in your corner. Even the most well-written book or well-structured online trading course can only cover so many contingencies! When you run into a unique scenario and money -your money – is on the line, why gamble when you could ask someone more experience for...
What is a lot?
A ‘lot’ is a measure of a transaction amount.
It’s the minimum number of units of the base currency that you can buy or sell.
This gives traders more control over the exposure per trade.
There are four main types of Lot Sizes.
Lot size #1: Standard lot = 100,000 units of base currency
Risk per pip =$10 per pip
Lot size #2: Mini-lot = 10,000...
Think you are the master of discipline?
Here's your potential way to make it big trading!
Extremely straight forward is this RSI 14 , 30 minute chart strategy.
When RSI goes to around 70+ it's time to short and aim for 10-15 pip
When RSI goes to around 30 and below , it's time to long and aim for 10-15 pip.
You can place your SL with 10 pip lower/higher and...
Always believe that you are part of the market.. market is being moved by your combined effort, People themselves. We are trading in an environment where we've been brainwashed with alot of negative ideas about forex market and trading. People telling us ooh retail traders don't make money, ooh 95% lose money, there are money makers etc. I say f that. Trade your...
Happy Easter Monday catholic traders!
Today the volatility should be low, however it could be possible, that there is a butterfly pattern forming on daily time-frame in EURUSD + the price is breaking out of the descending triangle chart pattern, which signals that the price could start going higher...
However, moving average indicates that the trend (bias) is...
EURUSD seems to setting up for a long move in the next few days.
- Price has been in a nice uptrend since 2nd october, and is just retesting the previous higher high.
- Price is also using the 50ema in the 1 hour as a dynamic support.
How I will enter:
I will be waiting for price to push a little bit lower and form wicked candles.
USDCAD is also approaching one...
Eur/Usd has no clear direction as of right now but past experience and past knowledge tells us when price is moving up and then enters a area of value or consolidation , many times price will move up, however... this pattern is not leaning down or up! This is a rectange! Price could go either way!
We trade the breakout of this area to the upside or downside with...
This is not meant to be a signal or a trade idea! This is a long term analysis of Eur/Usd using a Weekly Time Frame With A Line Chart.
So as you can see, Price broke Support and Came back up recently to Retest WEEKLY SUPPORT NOW TURNED RESISTANCE.....
This gives me the idea that the EXTREME LONG term bias toward Eur/Usd will definately be down into the next major...
Hi
Swing Analysis according to G.W.T. are the best in predicting next swing direction. Price by its self will show us where need to go. Going from Daily trough H4 down to one-hour chart you can very easy see how clear and simple is to predict direction of the next swing and trend direction.
Also pay attention to Momentum – power behind price movements.
No...
TECHNICALS --
WEEK - up trend following trendline A
DAY - Respecting trendline A - looking for upward movement
4 HR - Upward movement already happened -- waiting for pull back
Bias - lookin for buy, but waiting for pullback.
FUNDAMENTALS --
3:00a EUR ECB President Draghi Speaks
4:30am GBP BOE Financial Stability Report
5:00am GBP BOE Gov...
