Support and resistance levels are like the heartbeat of the forex and gold markets, constantly pulsating with potential trading opportunities. But what happens when these vital levels flip roles? In this comprehensive guide, we'll explore the intriguing phenomenon of how support can morph into resistance and vice versa. Through real-world examples, you'll...
When it comes to trading, one of the most important skills to develop is market analysis.
When you know how to read the market and make informed decisions, it can be the difference between spotting high, medium and low probability trades.
Here are some ideas to analyse the market and maximise your chance of success.
Start with the Main Indices
The first step...
Hey Everyone,
We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this...
Hey Everyone,
Here at GVFX, we are currently buying dips. What that means is that we buy on the dips and therefore only concentrate on long positions/buys with the odd sells for fun. As mentioned before, having both sell and buy positions open in your account will affect your psychology and in turn, your trading decisions.
Now a question that typically arises...
All index traders trade it...
But do we know anything about The Dow Jones?
I'm going to break down what it is, some interesting facts about the Index and what companies makes up the index.
Save it because it's all you need for the Dow Jones.
WHAT IS THE DOW JONES?
The Dow Jones 30, or DJIA or "The Dow" is a stock market index that reflects the performance...
A lot of traders posted on march 3rd : " CUP & HANDLE CONFIRMED" !!
Where is it now???
Well, market does not care about some picture that some guy invented.
I think Market is not a picture, but a movement.
This is why, "THE MOVING WATER" was born, my strategy, and does not care about these trading pictures.
What do you think?
