Learn the strategies for picking the stop loss placement to help you avoid losses in the forex market.
Amid the reversal when price passed 1.64768, price has made a new lower low this morning. I'm anticipating a pullback before another sell off towards 1.64300. Price could decline further before pulling back and if thats the case, but whats most important is price stay below 1.65054 for price to remain bearish in this moment. Are you in the same ballpark or...
Welcome to the thrilling world of timeframes—a place where every minute counts and every candlestick tells a story. You've probably asked yourself a million times, "What's the best timeframe to trade?" Well, buckle up because we're about to dive deep into the mesmerizing world of timeframes and trading strategies! Picture this: timeframes are like puzzle pieces....
EURAUD could fall rise if it can stay above 1.64585. Why 1.64585? The price for the EURO is increasing which means Australians have buy the Euro at a higher price. But what is this is the time for them to buy it at discount before it goes back up? Evidence High(H) & Low(L) Per the 4 our timeframe, price is increasing. The current rise price of the Euro...
Learn the secrets to navigating the ebbs and flows of the market. This is designed for adventurous traders who aren't afraid to ride the waves of higher timeframes. Come onboard, and let's swing to the rhythm of success!
NAS100 has been on a beautiful tear to the upside. The question is can it still continue? If so, the best price to continue buying above is 17,300.80. Why this price? This is where the buyers push price back up before continuing the increase of price up to 17,687.20. Price has now pulled back to provide a discount in price once again. For this discount to...
USDCAD could fall 138 pips if it can stay below 1.35342 Why 1.35342? Let's just round it and say $1.353 Canadian dollar. The exchange price for the United States Dollar is decreasing which means Canadians are able to buy the Dollar at a cheaper price. Evidence High(H) & Low(L) Per the 4 our timeframe, price is declining. The current falling price of...
GBPAUD could fall 225 pips if it can stay below 1.65699. Why 1.65699? Let's just round it and say $1.657 Australian dollar. The price for the EURO is decreasing which means Australians are able to buy the Euro at a cheaper price. Evidence High(H) & Low(L) Per the 4 our timeframe, price is declining. The current falling price of the Euro price per the...
Entering trades can be easy once you know what candlesticks you can continuously enter. Explore with me the best candlesticks to enter your trades on.
Trading isn't plotting random lines on the chart. It's about price and the best price you should buy or sell. In this live, I'll breakdown the trading basics you need to focus on to help your decisions become easier
Supply and demand zones are crucial concepts in technical analysis. They represent where the market tends to pull back before moving in its natural impulsive move. You can gain valuable insights into your trades' potential entry and exit points by identifying these zones. 🔑💪 Demand represents the quantity of buyers vs. sellers in the market. Supply represents...
Forex trading, also known as foreign exchange trading, buys and sells currencies to make a profit. It is the largest and most liquid financial market globally, with trillions of dollars traded daily. The forex market operates 24 hours a day, five days a week, allowing traders worldwide to participate. The Importance of Patience 🕰️ Patience is a fundamental...
Hey family, EURUSD did stop me out, but that doesn't stop the show. I am going to sit on my hands to see how low price can go today then I'll reanalyze my new set up. God bless, -Shaquan Disclaimer: This analysis is based on my own eyes. Please use your own analysis when trading.
Hi friends, the dollar index (DXY) and EURUSD are pulling back and into areas where we want to look for more trading opportunities. Since tomorrow is Friday, tomorrow's candlestick closure could be very telling about the price direction. This video shares my thoughts on the price movement on the indicie and currency pair. If you found this helpful please like...
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Hey friends, the dollar made a new low and the Euro is on the go up to the upside. Let's see if it can keep this strength. If not and price pulls back on EURUSD a good buying price would be above 1.08525 as long as price doesn't close below it. Let me know if you're following the dollar EURUSD. Many blessings. Shaquan
Nasdaq pushed up pass July's highest price last week. We want to keep an eye on it this week to see if there will be more buys to push price higher. The only thing that can invalidate this setup is if the inside bar's or past sellers attempt to push the market down fails. What do you think will happen next? Will the buyers keep price going or will the sellers...
Join me for a Chill and backtesting Live session! 🌟 Discover the secrets to stress-free backtesting and enhance your forex trading skills. We'll cover practical tips, shortcuts, and strategies to simplify your trading journey.