Hello traders, I placed three trades on Monday Session. My first setup was a Demand Zone on EURUSD H1. It was formed inside H4 Demand Zone. On EURUSD H4 timeframe we had also the confluence of the Bullish Trendline...
USDC was one of the stablecoins, a coin pegged to the US dollar at a ratio of 1:1. It was co-created by Circle and Coinbase in 2018...
EUR/USD: USA Labor Market Stops USD ● Jerome Powell played on the dollar side last week. Of course, the Fed Chairman knew that markets expected an interest rate increase of 25 basis points (bps) from the next FOMC (Federal Open Market Committee) meeting...
Pivot point trading system is one of the popular trading techniques used by traders. This technique is based on the calculation of pivot points, which are points where price movements tend to reverse or continue...
The Martingale strategy is one of the most popular betting systems among gamblers. It is a simple and easy-to-understand system that has been used for centuries. The Martingale system is designed to help players recover losses and win big in the long run...
Different financial instruments do not move in isolation. Instead, the markets are intertwined, and the prices of different assets are related. This concept is known as “correlation...
Hello , Many traders believe that they can be in profit only if they place a lot of trades. That is a completely wrong midset. My experience has shown me that overtrading leads us to mostly red days. You don't have to place a lot of trades in order o be profitable...
Hello traders, One more day that markets were not moving much.I managed to spot 3 quality setups. A short setup on EURJPY H4, a long setup on GBPJPY M15, and a long setpup on US30 H1. I closed the short setup on EURJPY with a small profit and the other two i closed them in total profit...
Trading strategy for MetaTrader 4 based on the SFT Normalized ATR indicator The strategy is suitable for any currency pairs, as well as for trading metals, indices, options and cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc...
As I read through chat forums full of Forex traders describing their trading methods, it strikes me that it is extremely common to attempt to gain control over the trading process by adopting targets for just about every variable...
GBP/USD is correcting losses and trading above the 1.2000 zone. USD/CAD is struggling to clear the 1.3650 resistance zone. Important Takeaways for GBP/USD and USD/CAD · The British Pound started a decent recovery wave above the 1.2000 resistance zone...
EUR/USD: Pause in the 1.0600 Zone ● On Thursday, March 02, the DXY dollar index broke again through the bar at 105.00 points but could not stay there. As usual, the dollar was supported by an increase in US government bond yields...
Day trading is all about watching chart all the day and sometimes on night too, A day trader executes multiple trades in a day and tries to make profit using leverage provided by broker. In Crypto broker provides upto 200x leverage while in Forex, broker allows unlimited leverage...
Although it may sound counter-intuitive, typical use of Forex indicators can actually cause an inexperienced trader to lose money, rather than make money...
Gold has been considered a safe haven asset for centuries, and its price is influenced by a wide range of factors. News about the economy, politics, and international relations can all impact the demand for gold and, in turn, its price...
EUR/USD is correcting higher from the 1.0520 zone. USD/JPY is also rising and might rally further above the 137.00 resistance. Important Takeaways for EUR/USD and USD/JPY · The Euro started an upside correction above the 1.0550 resistance zone...
RSI (Relative Strength Index) is one of the most popular technical indicators used in trading. It was developed by J. Welles Wilder in the late 1970s and is widely used to identify overbought and oversold conditions in the market...
On March 1 of this year, broker company NordFX launched another Mega Super Lottery for its clients. The lottery will run until the end of 2023 and will offer a variety of cash prizes ranging from $250 to $5000, with a total prize pool of $100,000...
