On the 4H chart the next support is at 104.77 while the candle will see a resistance at level 105.91. The short term trend for this pair is downward.
In my opinion, sell the pair below 105.34 and...
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On the 4H chart the next support is at 104.77 while the candle will see a resistance at level 105.91. The short term trend for this pair is downward.
In my opinion, sell the pair below 105.34 and...
On the 4H chart the next support is at 0.9958 while the candle will see a resistance at level 0.9996. The short term trend for this pair is upward.
In my opinion, buy the pair above 0.9977 and...
On the 4H chart the next support is at 0.8127 while the candle will see a resistance at level 0.8243. The short term trend for this pair is downward.
In my opinion, sell the pair below 0.8185 and...
On the 4H chart the next support is at 1.0383 while the candle will see a resistance at level 1.0431. The short term trend for this pair is downward.
In my opinion, sell the pair at 1.0411 and...
On the 4H chart the next support is at 77.35 while the candle will see a resistance at level 77.67. The short term trend for this pair is downward.
In my opinion, sell the pair at 77.50 and set...
On the 4H chart the next support is at 1.3559 while the candle will see a resistance at level 1.3628. The short term trend for this pair is downward.
In my opinion, sell the pair at 1.3589 and...
This risk and reward ratio may work when market is moving in spikes and hap hazard. As the price may reverse after going 40 pips opposite to your order and hits your TP. So this makes a positive...
Everyone has his own criteria of money management. I will set it at 10% loss and 20% profit in one trade. Now I will not be trading every day and wait for the right opportunity to enter the market...
I like forex for the two reason you mention, being your own boss and flexibility in working hours. The other thing which I like about forex is its great potential which can give me financial freedom.
Spending much time in front of the charts is not going to give you more profit. You just set your SL and TP according to your technical analysis. If you would have used good MM , there is nothing to...
You have to be good in fundamental analysis if you want to predict the liquidity and volatility in market. If you can do so, there will be many opportunities in the market and you just have to cash...
I don't think it will be going below 1.20 as SNB has set the floor to this level. We can set SL at 1.20 and enter buy order. It will be moving up this week and no down movement.
Fear is easy to control as we need to make good analysis and when we will do that it will become easier to trade. On the other hand greed is difficult to control because it will let you continue your...
I never noticed the 2nd point you mentioned. I always thought that we get real time execution on demo accounts as well. If it is not the case then we can't practice scalping as it might lead to false...
Emotions can wipe out even 2 , 3 or 4 accounts if you will not do things to controls them. It is very easy to say that I will control emotions next time but frankly you can never have this control....
We really have to work hard to make that magic pill. We should not just relax after getting that magic pill because it can be expired very quickly if we don't maintain discipline. So A continuous...
There is no doubt in my mind that I will leave forex trading if I will loss my account. Since I have started real trading, my determination has increased despite of the recent losses. Overall I am on...
We can see in the forex forums and find many free signal providers. The problem with them is that they don't maintain their signal thread for long time. It will be for 1 or 2 months at maximum and...
I feel a student should get involved in forex world, specially if he is a student of economics or finance. There is no restriction for others as well. Just think that if we start forex trading in our...
Take profit is very important to set as it will avoid the greed also. We are focusing more of stop loss but forget that TP is equally important. When we will open order with these two tools, we can...
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