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:Losing Streaks: The brain does not like repetitive losing. Be sure to stop trading after 3 losing trades in a raw! 2: Create a trading plan and stick to it. Successful traders have a plan and they trade nothing but the plan! 3:Manage your mood: If you are ill, cranky, depressed, or sad, STAY AWAY FROM TRADING!. 4: Keep detailed records: A trading log.Hello Traders! This is a educational video about why Support and Resistance do not work. I will cover how the market works and how the big players are using S&R for manipulation and in order to grow their wallet. Hope you enjoyed this video. Tell me in the comment section down below if you are using Support Resistance and what you think about it. Are profitable...
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eurjpy pair just bounced from its support 114..
i think now its time for this pair to go up..it can be bought from here till 117..
thsi pair is not showing too much move..but for now its signals are suggesting for this much only
--- Update ---
Pivot, Resistance Levels and Support Levels for EUR / JPY
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 121.833
Resistance Level (R2): 121.503
Resistance Level (R1): 120.843
Pivot Point: 120.513
Support Level (S1): 119.853
Support Level (S2): 119.523
Support Level (S3): 118.863
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Hy, Helo
Me thek hon Guys ap kasy hain sab log.. umeed ha sab khariyat se hon gy . dosto ap sab log jasy k janty hain k forex
trading aj kal achi ni chal rhe ha . Us ke chand reasons hain. hat ak pair ak kal jasy b trade lagao loss me he
jaa raha ha . Or ya vala pair b aaj kal kuch khas profit ni dy raha pata ni asa q ho raha ha . Forex trading me
bus vohi log acha profit earn kr rahy hain jin logon ko market ka kuch experience ha ya jo isky technical
analysis samj sakty hain. Baki mery jasy to bus . Loss he me rehty hai .
Lakin me ap sab ko bus yahi kehna chahta hon. K please himat na haarna . Apna time ay ga . ..
forex trading me bus vohi log success hovy hain jo Emotional ni hoty.... So good luck and keep it up...
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Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a ßillionaire
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The price initially received support from SMA 50 in yellow and signaled the end of the correction
However, the price continues to move sideways and is also trading below SMA 50
The price break of the moving average in this sideways move is a weak break that needs more confirmation
Thus, the price will drop and break it to the downside, which will give an opportunity to sell towards the moving average line 200 in red
As for the price rebounding higher and returning to trading above the EMA50, it gives an opportunity to buy towards the top level. Elliott waves consist of five waves.
Elliott waves must be five full waves
. Three in the direction of the market and two correct
If the Elliott waves begin to rise or fall, you will find
The (first, third and fifth) are moving in the direction
F (second and fourth waves correct)
. The third wave cannot be the shortest driving wave
The third wave
It cannot be shorter than the first or shorter than the fifth, because it is the longest wave
. The second wave cannot approach the price levels of the beginning of the first wave
The first, whether ascending or descending, starts the second opposite to it in the direction
To make a correction, but it is a condition that it is not corrected until it reaches the levels of the beginning of the first wave
. The fourth wave cannot approach the price zone or price limits
To the end of the first wave
The fourth wave is a correction wave and it is reversing
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Market Trend and Situation of Trade Strategy Depends on Experience and understanding Criteria of every User Or Dealer.
Trading stratigies as our demand like gold trading is most beneficial as compared to other currencies
the matter is not the trading of gold at all But, Important is the ways through which we gain our profit or loss.
Or aik sb se zyada zruri elaan wo ye k trade hmesha 7.00 se 17.00 tk jati he normal routines m.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
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Winning signals - Profit signals.
Today Target Pair - EUR/JPY
Today main profit zone .
120.99 - 121.67 - 122.09
Today main support zone.
118.78 - 119.47 - 119.89
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
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Today Market anlisss...
all routine of the chart and indicator I have come to know that today the market will move on up way so all my brothers I will suggest that we should choose the option of buy for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck....
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 120.27
This currency name - EUR/JPY
Resistance and Target - 120.46
Support and Stop Loss - 120.08
Always follow Long time frame market trend.
Signal is Sell.