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Forex forum is the most important and good trading forum for investing and trading in the world. We can use this forum to earning huge profits by using good stratgy and indicators. We have also follow the seniors traders policy and trading stratgy to earn good profit. I have use some good indicators to earn good profit. These indicators are
RSI and zigzag
Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
Nzd usd specialized investigation market exchanging
Today investigation pattern : sell
The present cost and past expense is giving a straight signel that market will go down in business..
Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....
|||||4-hour chart noticeable that the rate has a significant number of obstacles in the form of an alligator moving and while you can think about buying only at normal capacity is above them, and yet still have a good chance of resuming their southern fall.|||||
trade currencies, you should have a firm understanding of currency quoting con- ventions, how forex transactions are priced, and the mathematical formulae required to convert one cur- rency into another.
Currency exchange rates are usually quoted using a pair of prices representing a “bid” and an “ask.” Similar to the manner in which stocks might be quoted, the “ask” is a price that represents how much you will need to spend in order to purchase a currency, and the “bid” is a price that represents the (lower) amount that you will receive if you sell the currency. The dif- ference between the bid and ask prices is known as the “bid-ask spread,” and it represents an inherent cost of trading – the wider the bid-ask spread, the more it costs to buy and sell a given currency, apart from any other commissions or transaction charges.
The latest violent bearish reversal off of post-float record highs is significant with the market now looking to carve out a major top. Next key support comes in by 0.7965, with a break and close below this level to trigger a more meaningful topping formation that will project deeper setbacks towards the 0.7750 area over the coming days. In the interim, look for intraday rallies to be well capped below 0.8500.
nzd usd
Forex technical analysis is the study of market action primarily through the use of charts for the purpose of forecasting future price trends. Forex traders can develop strategies based on various technical analysis tools including market trend, volume, range,support and resistance levels, chart patterns and indicators, as well as conduct a Multiple Time Frame Analysis using different time- frame charts.
Technical analysis strategy is a crucial method of evaluating assets based on the analysis and statistics of past market action, such as past prices and past volume. The main goal of technical analysts is not the measuring of asset’s underlying value, they attempt to use charts or other tools of technical analysis to determine patterns that will help to forecast future market activity. Their firm belief is that the future performance of markets can be indicated by the historical performance
Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
Current price very is potential to fall again. this pair price already touched daily support level 1 and below trend line. Now the price try to move Downward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Sell position today. pivot point will be first target . after that price maybe can go to first support . stop loss area around resistance 1 level
Recomend Today = Bearish Trend 85%
ye pair abi strong resistance or fibo level zero par hai. agar ye es resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies.
Nzd usd specialized investigation market exchanging
Today investigation pattern : sell
The present cost and past expense is giving a straight signel that market will go down in business..
Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....