Regional activity of Mr. Erdogan with a multiply vector of conflicts between Syria, USA, Russia and other countries borders with Turkey is a main theme for further depreciation of TRY.
President Joe Biden became the first US president to officially recognize the massacre of Armenians under the Ottoman Empire as a genocide. This is a new risk.
Not legal and...
You have any hesitation above the chart
Have any glitch on the TRYJPY monthlies price chart ? i hope traders can properly indentify my charting glitch !
TRYJPY expectation is rights?
TRYJPY will be gone moon !
#TRYJPY Where will be arrived?
TRYJPY BULL prive movement prediction ready i believe that .
TRYJPY mine own perspective so what's your opinion on the...
You sometimes ask me how I structure my forex technical analysis.
Today I will share 5 simple steps that I go through myself to determine the direction of the price.
Step 1 - start with a large TF to analyze the global price movement and mark major levels.
Step 2 - Go to Week 1 TF to find major trends and recurring items.
Step 3 - I use the daily timeframe to...
Trading on the stock exchange is much more than just making deals. This is a whole algorithm of actions, following which we consistently achieve success.
Trading does not start with the opening of a trading session. Trading starts with preparation!
Fundamental preparation - studying the laws of the market and trading rules. And daily preparation -...
The liquidity of a currency pair in other words is the ability to liquidate any amount you need (sell, for example) when you need it, without tangible loss of time and income.
The higher the liquidity of the pair, the more reliable and attractive it is for trading. This implies that there is strong demand and high supply for this asset.
The higher the liquidity...
I am sure you already know that the Forex market works around the clock.
However, when a trading day ends in one part of the world, it begins in another. Therefore, it is customary to talk not about a trading day, but about a trading week. Well, within one day the market is "divided" by investment sessions.
Investment sessions are the working hours of banks...
My last post-learning about patterns got a very lively response. I realized that this topic is interesting to you.
In the messages, I was also asked to talk about the "Harmonic Patterns" or, in other words, the Gartley patterns, which got their name thanks to the first who discovered them on the charts - Harold Gartley.
What do you need to know about these...
Let's say you're new to trending. You have a deposit - for example, $ 10,000 - which you are ready to invest in earnings. And you come to the market with one thought - how to make more money!
The first question that you should ask yourself before starting trading is: "How not to lose the money you already have?"
Risk management will help you with this....
the weekly chart of this market shows that it will experience with a high probability an uptrend in the coming days but it is also necessary to be vigilant of reversal of this market towards the opposite one.
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