Forex

Forex is short for Foreign Exchange and refers to a decentralized market that spans the globe and is considered the most liquid worldwide. Exchange rates fluctuate continuously due to ever changing market forces of supply and demand. Forex traders buy a currency pair if they think the exchange rate will rise and sell it if they think the opposite will happen. Unlike the Stock market, the Forex market never sleeps and remains open around the world for 24 hours per day and 5 days a week.

Before the Internet revolution only large players such as banks, hedge funds and extremely wealthy individuals could participate. Now retail traders can buy, sell and speculate on currencies from the comfort of their homes with a mouse click through online brokerage accounts. There are many currency pairs that can be traded and an average online broker has about 40. One of our most popular chats is the public Forex chat where traders talk in real-time about where the Forex market is going.
anilmangal anilmangal TOP EURNZD, 60, Long , a day ago
EURNZD: EURNZD buy setup
6090 13 164
EURNZD, 60 Long
EURNZD buy setup
Hi Guys, thanks for joining me today. We did this pair in details and this is the possible breakout I am looking for . Daily down trend, looks like a an abc on the 240 so a break of the flag might be a good buy. Trade with care Thank you for your support.
tntsunrise tntsunrise TOP AUDUSD, 60, Short , 10 hours ago
AUDUSD: AUDUSD 1H harmonic Calculation
4485 20 78
AUDUSD, 60 Short
AUDUSD 1H harmonic Calculation
ab=cd complete at 0.7514 1.272 ext at 0.7521 Pay attention to the yellow zone. If aud goes into that zone and failed to break through It is good to trade this Harmonic Pattern Look for RSI to be overbought
tntsunrise tntsunrise TOP EURUSD, 60, Short , a day ago
EURUSD: EURUSD 2618 Trade
5576 13 106
EURUSD, 60 Short
EURUSD 2618 Trade
EURUSD 2618 Trade Pending Short at 1.0644 SL above the High TP1 : 1.0580 TP2: 1.0480
anilmangal anilmangal TOP AUDJPY, 240, Short , 2 days ago
AUDJPY: AUDJPY SELL SETUP
11777 32 278
AUDJPY, 240 Short
AUDJPY SELL SETUP
Hi Guys, hope you are all having a wonderful weekend. I believe this would be a nice sell. Use a tested strategy to trade such moves, if you don't have one then spend more time learning rather than trading. Driving is a risky thing so NORMAL people LEARN to drive before they are allowed on the road. Trading is a ...
TomHall TomHall TOP AUDJPY, 60, Long , 18 hours ago
AUDJPY: AUD.JPY - BULLISH CYPHER SETUP - 84.924
678 10 33
AUDJPY, 60 Long
AUD.JPY - BULLISH CYPHER SETUP - 84.924
On the AUD.JPY 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup. The price reversal zone on this pair is between 84.924 & 84.549 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the ...
Alexander_Nikitin Alexander_Nikitin TOP USDJPY, 240, Long , a day ago
USDJPY: advanced patterns confluence
869 10 52
USDJPY, 240 Long
advanced patterns confluence
Hey, mates. We have a confluence of dvanced patterns + lots of fibonacci ratios lining up at Daily support level+double bottom with rsi divergence. So, this level is definitely worth to be on my radar. Watch the full analysis in the video below this description. Learn to trade patterns on my website for free. Good ...
Alexander_Nikitin Alexander_Nikitin TOP EURUSD, 60, Short , 10 hours ago
EURUSD: at market cypher
472 2 32
EURUSD, 60 Short
at market cypher
Hey, mates. Have a ccypher pattern triggered at Daily resistance zone. Watch the full analysis in my video. It is in signature section below this description called "sample video". Post your comment and share your views. Good luck.
WaveExpert WaveExpert PRO NZDJPY, 60, Short , 7 hours ago
NZDJPY: We got a Sell Setup! Wait for Breakout!
436 7 15
NZDJPY, 60 Short
We got a Sell Setup! Wait for Breakout!
Hey Guys, As you can see that we got a nice sell setup on this pair. if condition remain unchanged then we can have sell opportunity on flag's breakout! Trade according to your own strategy. Good Luck!
lewglasgow lewglasgow TOP GBPUSD, 60, 20 hours ago
GBPUSD: How to Trade the Head and Shoulders Pattern
352 2 25
GBPUSD, 60
How to Trade the Head and Shoulders Pattern
How to Trade the Head and Shoulders Pattern Hello traders, following up from my previous educational post I received several requests via private message for my take on the Head and Shoulders pattern. Featured on the chart is an illustration of a complete Head and Shoulders pattern including the rules I ...
Wave-Trader Wave-Trader TOP NZDUSD, 240, Short , 4 hours ago
NZDUSD: NZDUSD Watch for sell under the trend line
483 7 11
NZDUSD, 240 Short
NZDUSD Watch for sell under the trend line
Hi fellows, i am expecting sell setup under the trend line. It is possible that price will not hit the trend line and started to fall before that so look for sell if you see sharp fall before hitting the trend line
lewglasgow lewglasgow TOP GBPJPY, 240, Long , 16 hours ago
GBPJPY: GBP/JPY - Relief Rally
423 1 25
GBPJPY, 240 Long
GBP/JPY - Relief Rally
GBP/JPY -0.27% has been selling off from the 15th of December 2016 after completing the C point of this bullish 5-0 , it completed in between the 1.618 and 2.24 extension. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Since then I have been waiting for ...
TomHall TomHall TOP AUDNZD, 240, Long , a day ago
AUDNZD: AUD.NZD - Long Breakout Opportunity
813 6 41
AUDNZD, 240 Long
AUD.NZD - Long Breakout Opportunity
The AUD.NZD is one currency pair on this evenings watchlist. Once my entry criteria has been met we will set a buy stop order and await a clear break.
KevinSinghDhaliwal KevinSinghDhaliwal USDJPY, 240, 21 hours ago
USDJPY: USDJPY SHORT TERM TRADE
229 3 18
USDJPY, 240
USDJPY SHORT TERM TRADE
Hello everyone, we have an opportunity to go long on this pair along with other JPY pairs that I posted today. The targets are highlighted on the chart. For any questions leave a comment or DM me. Good Luck alltradingideas@outlook.com
lewglasgow lewglasgow TOP AUDJPY, 60, Short , 18 hours ago
AUDJPY: AUD/JPY - Breakout
191 0 27
AUDJPY, 60 Short
AUD/JPY - Breakout
This is huge, today we have AUD/JPY -0.52% on the 1 hour chart with a breakout. I'm absolutely loving the look of this setup already! We may encounter a retracement to the trendline before continuing the move lower! All-round excellent opportunity with a 1:3 or 1:5 risk to reward, safe trading everyone.
Wave-Trader Wave-Trader TOP USDTRY, 60, Long , a day ago
USDTRY: USDTRY Expecting breakout
1553 5 43
USDTRY, 60 Long
USDTRY Expecting breakout
Hi fellows, i am expecting breakout of this descending channel......
SteveNixon SteveNixon AUDJPY, 60, Short , 18 hours ago
AUDJPY: Corrective Structure looks short
107 2 15
AUDJPY, 60 Short
Corrective Structure looks short
Price has broken out of the large correction We now have a new correction on a lower timescale It looks like a simple ABC but could become more complicated. At the moment I see no reason for a BUY trade If the price breaks down out of the current correction it is a SELL for me Hope this helps Steve
IgnatBorisenko IgnatBorisenko PRO EURUSD, 30, 10 hours ago
EURUSD: EURUSD - wedge
390 2 11
EURUSD, 30
EURUSD - wedge
There's a wedge in wave (i), so bears are likely going to deliver another downward impulse wave.
hope.bleecker hope.bleecker EURAUD, 60, Long , a day ago
EURAUD: Euro Aussie
207 1 17
EURAUD, 60 Long
Euro Aussie
I am looking for buying opportunities back up to the 1.47 area for euro aussie. already running one position. will add the majority when this trendline breaks. This is good one to keep an eye on with the aussie basket trades coming off. Thanks and have a great week.
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