Forex trading can bring big profits in a short time, so some people feel that this is an opportunity to get rich quickly. However, in the financial market, the Risk:Reward ratio always goes hand in hand. ✔Forex benefits include: - High profit potential: With flexible leverage and the ability to trade 24/5, Forex offers great profit opportunities. - Large market...
Before entering the Forex market, there are a few things to know and carefully consider to ensure safety and effectiveness in trading. Here are some important points: 1 - Understanding the Forex Market: - Learn about the basic information of the Forex market, including how it operates, currency pairs, and factors that influence prices. 2 - Familiarize Yourself...
Does Forex Relate to News? What Types of News Should Be Considered? One of the popular and interesting strategies in the Forex world is trading based on economic news releases. Alongside economic news, there are also news about political events, but we will focus more on economic news. To ensure that your news-based trades are successful and profitable, it is...
Hi guys, This is @CRYPTOMOJO_TA One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. DEFINITION The risk/reward ratio, sometimes known as the R/R ratio, is a measure that compares the potential...
The price is showing support after a dumping, don't forget it's strongest trendline. Be careful when entering a short trade because there is a high probability of pump from this point. Here is an analysis of how to entry good accurate short trade.
Hello Traders, Today am Updating an Educational Content. If you Follow This Strategy then you never lose your money. How to work SMC. How to Make a Trade with SMC. How to Beat Retailers. How to find Retailers Trades. you can check here. I hope this content helps you. Thank you Traders for your support like and follow.
How to find Market Moment Going to Change Bearish to Bullish. How to find a profitable Trade. Most Important Educational idea. Thank you.
The Reality of Market Structure . This is very important for understanding the market. nice Education material. Thank you.
The Reality of Market Structure . This is very important for understanding the market. nice Education material .Thank you.
Moving Average You can use a moving average for support and resistance, so when the chart pattern will break the upper moving average then that will be the support for the chart pattern. If the chart pattern is testing the upper moving average and its bounces back again and again then that moving average will be your Resistance. You can use moving averages...
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Thanks for stopping by to check out this educational post and TA . I decided to look at the USD CAD on the monthly for a deeper look at where it has been and where it is heading with respect to all the changes globally and the rally in crude oil playing its part in this pair. The USD has been under some pressure for the past 20 months and here we can see why its...
1. Ask yourself why you want to invest, is it out of jealousy from others cashing in big? Do you want to be apart of the next big hype stock? If you answer yes to either of these do not trade, trading from this emotional perspective will only result in you losing money. 2. Warren Buffet said ''be greedy when others are fearful and fearful when others are greedy''...
📚 LEARN MORE 💰 EARN MORE With ForecastCity FLAG pattern Definition: A FLAG pattern is a continuation chart pattern, named due to its similarity to a flag on a flagpole. A flag is a relatively rapid chart formation that appears as a small channel after a steep trend, which develops in the opposite direction. After an uptrend, it has a downward slope. After...
FLAG = Impulse + Correction 📚 LEARN MORE 💰 EARN MORE With ForecastCity After a significant drop in Bitcoin price , the price is in a correction wave. What makes the chart interesting today is that: . Bitcoin is likely to challenge the 18042 ~ 18227 resistance zone. . A break above 18227 could push the pair to the 19487 area . . A resistance rejection ,...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: A Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high. It is defined by two lines: . A horizontal support line running through valleys. . A Downtrend line drawn through the peaks. The lower highs indicate...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower peak (right shoulder). A “ Neckline ” is drawn by connecting the lowest points of the two troughs. Neckline...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower peak (right shoulder). A “ Neckline ” is drawn by connecting the lowest points of the two troughs. Neckline...