Here's how it works. These algorithms are designed to spot potential trading opportunities based on predefined criteria, such as technical indicators, market trends, and economic data.
📈🔍 But instead of executing trades automatically, they provide real-time alerts, empowering traders like you and me to make the final call. 💡💼
Why is this approach so powerful,...
An important element of studying price action is often ignored, even though it is perhaps the most important one - at least for swing traders.
WHO IS IN CONTROL OF THE MARKET AT THIS TIME?
After all we all want to trade in the direction where the strength lies.
In this example of USDJPY, note how large the recent bullish candles are. This shows momentum lies with...
How to find the ‘Value Per Pip’ with the YEN
Here are the trade specifics:
Portfolio size: $5,000
Max risk percentage per trade: 2% ($100)
Trade type: Buy (go long)
Currency pair: USD/JPY
Entry price: 136.80
Stop loss: 136.30
Step 1:
Calculate pips risked in trade
As each pip movement is two decimal places on each currency, you’ll multiply the difference...
Usdjpy is pointing at a new opportunity to sell with this corrective pattern.
This correction is one of the five types of corrective patterns that correct the completed cycle of the prevailing trend. Zigzags (5-3-5), Flats (3-3-5), Triangles (3-3-3-3-3), Double threes which are a combination of two corrective patterns previously mentioned. Then lastly a Triple...
Hello forex traders! 😁
I get a lot of questions lately about our strategies about using them to scalp in smaller timeframes / markets other than cryptocurrency.
All markets go up and down and our job is to identify the turning points in any market with our signals.
You can clearly see the buy and sell opportunites on this example of USDJPY 15 minute...
Currently on the sell side.
Remember, target drop is zone 1 for now, there is potential for more drop after some possible retracement up from there so to be watched closely.
Will have to have a look again once market hits target drop region.
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Sideways waving market right now.
4 HOUR
Bearish market found its resistance on his pullback great short entrys for sure.
DAILY
Very bearish market found a small pullback and a resistance holding it...
This is the dilemma with technical analysis, here we have a situation where we have technicals supporting a move upward and downwards. This situation is very common with technical analysis, in most cases there are technicals supporting both the bulls and the bears and hence making decisions solely based on technicals is 50/50 in most cases.
We have the 50 fib...
$USDJPY super bullish signals.
all time frames expose this way. and is not for sell
i see some brokers release a BEARISH OPORTUNITY. at DOTED LINE BLACK... becarfull... once the BLACK DOTED LINE be attacked with more determination, the decantation procces going to be impulse without mercy.
i see potential for buy and buy and keep buying all month.
happy...
