Had someone ask how to do this and if you know, it's simple, but if you don't it might not be all that obvious. Video covers adding indicator windows, moving them, hiding them, merging them, moving objects to the foreground and to the background, adding indicators on indicators, changing their settings etc.
The USDTRY pair tends to be extremely volatile, and hence it brings many scalping opportunities. On the sell side, and on the hourly chart, you need to keep an eye on EMA-200, EMA-25, trading volume, its MA, and a few important points of time during the day. Zoom into the chart. By 7:00 AM UTC (sometimes 8:00 AM), a significant trading volume spike above its MA...
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...
Candlestick charts are commonly used in trading to analyze market trends and make trading decisions. Candlesticks can be categorized as bullish or bearish, depending on whether the price has increased or decreased over a given period. It is important to note that while candlestick patterns can be useful in predicting market movements, they should not be used in...
Hello dear community. Each trader is a part of discussion about leverages. Some of them say that it's risky, another just playing in casino with 50x. But why leverages is not matter, and how do not lose all deposit? Read below. Firstly, you need to know about 2 things. Support line Risk management Support line I am confident that you know about...
✳️What is the RSI Indicator What is the RSI Indicator? The relative strength index is a market indicator that signals when the asset is over-bought or over-sold. This is a momentum-following indicator that measures how fast the price is moving and changing. The RSI uses different types of averages, but its primary purpose is to show whether a trend is strong or...
OANDA:XAUUSD HI TRADER'S : I ALWAYS SAY THAT (90% TRADER'S LOSS 90% CAPITAL IN 90 DAY'S) The reason is that Lack Of Knowledge , Lack of Patience , Lack of proper Risk management You can Be among Those 10% Trader's , Those Are earning regularly From Market But For That You Need To be Disciplined Trader THERE ARE 5 MOST POPULAR TRADING STRATEGIES : 1....
Good evening and good afternoon for American traders, I shared an idea where I said to buy NATURALGAS and I want to give a quick recap in order to encourage new traders to hold their trades for long time. I have drawn on the chart all the points I added contracts after the pullback on the vwap which plays a strong support and resistance role in my trading...
I have compiled a tutorial on the way I believe channels should be drawn on the ES. The traditional ways of doing so using the 2 connectors on the bottom does not work. Step One: The most important step is to connect the TOP of the channel first Step Two: Once the top is formed, clone the trendline and move it down to the bottom Step Three: This step...
My SPY Cycle Patterns suggest the markets will establish a PEAK/TOP today - then trend downward. I created this video to help my followers stay aware of the short-term nature of price in a reactionary price trend - like today. If you are chasing this rally, stay very cautious of risks related to my SPY cycle patterns. Overall, I expect the markets to peak,...
First let’s begin with… What is a trading journal? This is a log book where you plot every trade you make with the metrics to show how your portfolio is performing and will continue to do so. I’m going to briefly list the items you’ll need to track your trading performance. 25 Items to plot in your trading journal… The trade No. The market traded...
Gaps are important parts of the financial market, especially in stocks and currencies. They happen when an asset opens at a significantly lower or higher price than where it closed at. Gap is a situation where a currency or any other asset opens sharply lower or higher than where it closed the previous day. Such a gap happens when there is a major event or news...
🔴 Let's talk about the typical biases in trading that many traders experience on a regular basis. These biases are some of the most common ones we encounter in trading, and if you don't recognize them, they may be the cause of your failure in forex. It will be lot simpler for you to deal with them and comprehend why giving in to them can harm your results if you...
Once upon a time, four stock market traders embarked on a cruise ship for a well-deserved break from the fast-paced world of finance. They were a Swing trader, a Day trader, a long-term investor, and a Fundamental trader, and each brought their unique perspective and strategies to the stock market. While playing poker in the ship's casino one night, they found...
See how price reacts at 1000 pips increments (1, 1.10, 1.20, 1.30) and their quarters (1.25, 1.05, 1.075 and so on). The reaction at those levels is nearly guaranteed. Once price hit 1.10 recently, we saw a pullback of 350 pips to the downside. Those psychological levels will be highly useful to any trader. They work well on majors (USD baed pairs), less so on...
If you're thinking about getting into forex trading, then you'll need to take some steps to get started. In this blog post, we'll walk you through seven of the most important things you need to do before you start trading forex. From choosing a broker to building a winning trading strategy, we've got you covered. So read on to find out everything you need to know...
From the category - Have a plan and trade the plan, I am bringing you a video that I hope will improvise your view on avoiding a negative situation. 1. You can not avoid SL trades, but you can avoid getting stuck in a negative trade. 2. Have a plan and trade the plan 3. Always think about the future and make plan B for your trades. Why all the above? Because...
⚙️STOP ORDER This one is better to be explained with the examples: These orders can be used for trading breakouts. If you thought the EUR/USD would rally further after a move above the 1.1500 level, you would place a buy stop for entry at 1.1501. As the market printed 1.1501, your buy stop would become a market order and be filled at the next best price...