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.
TipTVFinance TipTVFinance USDJPY, D,
USDJPY: USD/JPY looks set to take out 50-DMA
35 3 5
USDJPY, D
USD/JPY looks set to take out 50-DMA

USD/JPY remains well bid in early US session as investors focus on the uptick in the core PCE and employment cost index. The daily RSI has breached the descending trend line. Looks like the currency pair would take out the 50-DMA level of 111.75 and move higher to 112.60 (Jan low).

voorkasystem voorkasystem EURUSD, D, Long ,
EURUSD: Hidden Bullish Divergence is observed on EUR/USD DAILY Chart.
80 0 8
EURUSD, D Long
Hidden Bullish Divergence is observed on EUR/USD DAILY Chart.

Indicates underlying strengths. Good entry or re-entry. Occurs during retracements in an uptrend. Nice to see during price retests of previous lows. BUY THE DIPS". Strategy Buy Above: 1.0875, Target 1.14700.

rozela99 rozela99 EURUSD, 60, Short ,
EURUSD: Short EURUSD 60m
80 0 7
EURUSD, 60 Short
Short EURUSD 60m

Nothing fancy. Just a nice little structure trade. Follow my every move here: https://collective2.com/details/111059614

Othmane98 Othmane98 AUDUSD, D, Short ,
AUDUSD: AUDUSD
26 0 7
AUDUSD, D Short
AUDUSD

We expect a short position start From: 0.74400 with a TP:0.72 AND SL:0.76 Have a good day

simonhook4 simonhook4 PRO EURGBP, 60, Short ,
EURGBP: EURGBP Short
18 0 5
EURGBP, 60 Short
EURGBP Short

Looking for a good pull back today and get out before daily lows of 0.836 See our video for more details https://youtu.be/AFEElBTgpXI

Tradingstrategyguides Tradingstrategyguides PRO GBPNZD, 60, Short ,
GBPNZD: Reversal Setup?
74 0 4
GBPNZD, 60 Short
Reversal Setup?

The Rules of this Trading Strategy Are: Step One: Find the currency pair that is showing a high the last 50 candlesticks . (OR low depending on the trade) Step Two: When we find 50 candle low, it needs to be coupled with RSI reading around 20 or lower. (If it’s a high it needs to be coupled with the RSI reading 80 or higher.) Step Three: Wait for a second ...

forextamil forextamil EURJPY, 240, Long ,
EURJPY: LONG EURJPY PENDING BUY ENTRY @ 120.454
49 0 4
EURJPY, 240 Long
LONG EURJPY PENDING BUY ENTRY @ 120.454

ENTRY DETAILS: PAIR: EURJPY ORDER: BUY PENDING ENTRY : 120.454 TAKE PROFIT : 121.402

forextamil forextamil GBPAUD, 240,
GBPAUD: LONG GBPAUD PENDING BUY ENTRY @ 1.72206
30 0 4
GBPAUD, 240
LONG GBPAUD PENDING BUY ENTRY @ 1.72206

ENTRY DETAILS: PAIR: GBPAUD ORDER: BUY PENDING ENTRY : 1.72206 TAKE PROFIT : .73256

Afaan Afaan AUDUSD, 60, Long ,
AUDUSD: AUDUSD LONG - Confluence peaking
23 0 4
AUDUSD, 60 Long
AUDUSD LONG - Confluence peaking

Hi Guys, Back with another trade idea. Seeing some confluence for a long on the AUDUSD. ABCD Pattern Completion at 0.74386 & Potential Inverse H&S Forming. Low Risk High Reward trade potentially.

LongTermValue LongTermValue PRO EURUSD, D,
EURUSD: EURUSD : @ the top?
49 0 6
EURUSD, D
EURUSD : @ the top?

Arrived at 1,095. Now a bearish reversal is possible to close the gap.

SinatraFX SinatraFX EURUSD, 240, Short ,
EURUSD: EURUSD messy bearish H&S pattern in play?
149 1 13
EURUSD, 240 Short
EURUSD messy bearish H&S pattern in play?

EURUSD messy bearish H&S pattern in play? I am looking for longs around 1.06 / 1.05 or shorts @ 1.10 short from 1.0930 active

Shafiq1 Shafiq1 USDCAD, D, Long ,
USDCAD: Long swing on USDCAD
29 0 4
USDCAD, D Long
Long swing on USDCAD

Lots and lots of pips in my eyes.

RKchartest RKchartest PRO EURUSD, 60, Short ,
EURUSD: EURUSD HEAD AND SHOULDERS A PIVOT
43 1 3
EURUSD, 60 Short
EURUSD HEAD AND SHOULDERS A PIVOT

EURUSD just broke the neckline of a head and shoulders pattern. Pair is also pivoting off a yearly and quarterly pivot point cluster. Only obstacle is the yearly pivot level, if that breaks, I expect the head and shoulders measured move to happen which will also fill the GAP many FX brokers have on their charts. Yearly pivot could act as a pullback area to the ...

TipTVFinance TipTVFinance EURGBP, D,
EURGBP: EUR/GBP outlook- bearish
15 0 5
EURGBP, D
EUR/GBP outlook- bearish

Pair’s daily close back below the descending trend line in the wake of a death cross – bearish 50-MA and 200-MA crossover would open doors for a re-test of 0.8297 (Apr 18 low). Only a daily close above 0.8590 would revive bullish view.

TarrierFuture TarrierFuture PRO AUDUSD, 60, Short ,
AUDUSD: AUDUSD - Short
21 0 5
AUDUSD, 60 Short
AUDUSD - Short

RR 1:2 Good Luck :-)

ali.alsul6an ali.alsul6an PRO USDCAD, 720, Short ,
USDCAD: Canadian Dollar in a short term bearish wave
42 0 6
USDCAD, 720 Short
Canadian Dollar in a short term bearish wave

Canadian Dollar in a short term bearish wave

TipTVFinance TipTVFinance EURUSD, D,
EURUSD: EUR/USD – re-test of 200-DMA likely
62 0 8
EURUSD, D
EUR/USD – re-test of 200-DMA likely

Failure at 1.0950 for two consecutive days in the wake of overbought RSI on the 4-hour chart suggests a pull back to 1.0940 (200-DMA) is more likely, although the dips below 200-DMA could see fresh demand for EUR, courtesy of the upward sloping 5-DMA and 10-DMA. Only two consecutive daily close below 10-DMA would signal the erratic rally from the low of 1.0569 ...

Amer_Nurkic Amer_Nurkic USOIL, 60, Short ,
USOIL: Crude oil WTI
162 4 9
USOIL, 60 Short
Crude oil WTI

Sell, down trend

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