These are strong levels, from which many large players enter the international currency exchange. This is the price range that central banks want. This information is not freely available, but it can be found using the technical forecasting method. It can be described as follows: Banks buy / sell currency on the international currency exchange not for the purpose...
USD Positive points: -Main reserve currency for global transactions -Currency of the strongest world economy - The most important currency in the world - Considered a safe investment Negative points: - Attempts to weaken the US dollar to combat the trade deficit. - Volatility due to information warfare against Fed countries that stop using US dollars for...
THESE ARE TWO THEORIES. THE FIRST IS ACCORIDNG TO WYCKOFF, THE SECONS IS THE DOW THEORY 1) Accumulation begins with the price stopping and the formation of support, followed by the end of sales, the opposite level is gradually formed - resistance and the price goes into a sideways movement. It has a name - Accumulative flat or consolidation. Dow says that...
Components of the most effective strategy Things are indicated that can reveal the maximum potential of your strategy, or change it a little so that you are successful. Theory Do you have enough knowledge base about the market, terminal, competition, nuances, technical and fundamental analysis, your own capabilities to feel quite comfortable in the...
WHICH TRADING STRATEGY TO CHOOSE There are many strategies, which in turn are divided into several groups. For traders, strategy is their bread. Each trader chooses it for himself depending on his lifestyle, risk tolerance, psychology. I will tell you about 5 MAJOR CATEGORIES according to which all strategies can be divided. The first is scalping - a popular...
Real world example of the three market phases Large sale of assets by speculators. Understatement of prices. The Broker's motivated team, different client departments begin to motivate their clients to buy an undervalued tool for forecasting the rise and earnings, therefore, in anticipation of the rise, consolidation begins The limit level for selling from...
" Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime " - unknown origin * 🔴 What does this quote mean, and how does it related to trading (signals)? The quote means that you can indeed resolve an issue by providing a hungry man a fish, serving his immediate need, but if you really want to help him you should...
Sell Trade USDCAD - Profit I have expected that it will go more down without a pullback up and then again down So i have closed it earlier after i have seen the change of beaviour to dont loose We never know what the market makes, we only judge the market and take the decision with the higher probability Follow me and check my results in: en.zulutrade.com
Here are 2 very common example of how to analyse the graphs and predict the future movements of the price. Many times the big moves happen thanks to new, but no matter what they respect the graphs. Second graph is very interesting as you will be able to find it in both BTCUSD and EURUSD, signalling that the pairs are analysed and traded by the same people. These...