Forex trading is an exhilarating endeavor that offers substantial profit potential, but it's also laden with risks. The volatile nature of currency markets means prices can swing swiftly and unpredictably. In this comprehensive article, we'll delve into the compelling reasons why every forex trader needs to implement stop loss orders. We'll provide real-world...
In the dynamic worlds of forex and gold trading, mastering the use of stop and limit orders is akin to wielding a double-edged sword. These orders offer traders a means to manage risk and lock in profits with precision. In this comprehensive article, we'll delve into the intricacies of stop and limit orders, explore their applications in both forex and gold...
In the world of forex and gold trading, recognizing chart patterns can be your key to unlocking profitable opportunities. One such pattern, the Cup and Handle, offers traders a powerful tool for identifying potential bullish trends. In this comprehensive article, we'll explore how to identify and trade the Cup and Handle pattern in both forex and gold markets....
How to trade coins after listing? Here is logic of IAP model BINANCE:APTUSDT When people get tokens after airdrop or launchpad, most likely on first candle we will see seller pressure. This model works in general only for fundamental projects, where even people who get tokens for free will hold it for long term. Because we got a lot of examples when this...
In the intricate world of forex trading, understanding the nuances of candlestick patterns is akin to deciphering a secret code. Candlesticks are more than just price representations; they embody the ebb and flow of market sentiment. In this comprehensive article, we will delve into the characteristics of crucial bullish and bearish candles, unveiling the...
Introduction Candlestick charts are a cornerstone of forex trading, offering valuable insights into market dynamics. One key element of a candlestick is the size of its body, which provides crucial information about the strength of buyers and sellers. In this comprehensive article, we'll explore how the size of a candle's body reflects market sentiment,...
In the dynamic world of forex trading, price gaps, often referred to simply as "gaps," are a phenomenon that can significantly impact market analysis and trading decisions. Understanding what gaps are, how they occur, and their implications is crucial for any forex trader. In this comprehensive article, we'll explore the concept of gaps in forex, provide...
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...
Trading and investing are two approaches to the financial markets, each with distinct characteristics and objectives. While both involve buying and selling financial instruments, understanding the differences between traders and investors is crucial for anyone looking to navigate the markets effectively. This article will provide an in-depth comparison between...
The title is brash, I know. But before you click away, answer these two questions: 1) How many strategies have you tried? 2) How many strategies have you backtested through several years and thousands of trades? If you have tried more strategies than you've backtested rigorously, then stick around because that's probably the reason why you're losing money. ...
Hey traders, In the today's article, we will discuss 3 types of incredibly accurate setups that you can apply for trading financial markets. 1. Trend Line Breakout and Retest The first setup is a classic trend line breakout. Please, note that such a setup will be accurate if the trend line is based on at least 3 consequent bullish or bearish moves. If the...
In my daily posts, I quite frequently use multiple time frame analysis. If you want to enhance your predictions and make more accurate decisions, this is the technique you need to master. In the today's post, we will discuss the crucial importance of multiple time frames analysis in trading the financial markets. 1️⃣ Trading on a single time frame, you may...
Whether you're a seasoned trader or new to the world of commodities, understanding the various strategies that are available may play an important role in building a successful trading plan. In this article, we’ll explain three types of commodity CFD trading strategies and provide examples of each that you could get started with today. Commodity Trading...
Introduction: In the world of foreign exchange (forex) trading, traders have an array of currency pairs to choose from. Among the various strategies employed by forex traders, a popular approach is to focus on trading a single currency pair. While some may argue that diversification across multiple currencies is more beneficial, trading one currency pair comes...
If you are studying a price action, you should definitely know Cup and Handle formation. Being applied properly, it can generate big profits. In this educational article, I will teach you how to identify this pattern. We will discuss its psychology and I will share with you 2 trading strategies. 📏And let's start with the structure of the pattern. The pattern...
The pin bar is a powerful price action setup that tells a fascinating story concerning price momentum and the possibility of an imminent reversal in price direction. A pin bar is a Japanese candlestick that has a long wick on one side and a small body. Understanding the story behind the pin bar is essential. 📚What does the pin bar candlestick pattern tell...
Firstly you need to be able to acquire one account such as a 100k account. Assuming your target is $110000 you start by risking $500 a trade until you reach $3000. if you take losses you continue risking the same until you're back at the starting point. once you reach $3000 of profit you now up your risk to $1000 until you get to $6000 and then $2000. This should...
Hello traders, In this post i am just showing you a very simple and easy trading strategy especially for beginners, in this strategy i am just using two basic things trendlines and 50 simple moving average which is you can also see in the charts above. What you will be doing in this strategy just simply go to the 1hr timeframe see...