It is easier to said than done. Once you have found trading models based on psychological pricing, you can identify the markets’ turn at every corner. At certain price levels of the market, the price makes a decision to eliminate the public with a stop out and therefore leads professional traders to identify its accurate way. In order to anticipate … Read More
Forex Correlation
Correlation is used as a formed of assurance when making a trade. It is used as a second and ultimate decision to open a trade depending on your trend direction. At major decision trading levels, you can find more than one pair or index following the direction according to your set up; therefore the need to have correlation is of … Read More
Forex Trade/ Our risk reward
Before entering a trade, we should know what is our return based of our risk. Taking risk is the price of achieving returns; therefore you cannot cut out all risk. It is not completely true about the fact of an investor who takes on more Risk expects higher Returns. In the picture below, you can see the risk involved with … Read More
Forex Trade. Let’s find some levels of support. Shall we?
What we can see in the above picture is a more bearish than bullish market. Once the price starts dropping, you ask yourself two questions, either I sell or find support for a possible rebound. In this case, we chose to recognize a support level. As you can see at the top left corner, the time frame of this trade … Read More
Forex lesson of the week
Intraday patterns both found in the EUR/USD and CFD’s USOIL. Psychological patterns after breaching levels of pull backs then finally reaching levels expected. 2 trades with the same (twin) psychological set up in the same day. View video below and don’t forget to add any comments. Feel free to email me [email protected] for more info!
Forex trade of the week.
When is it enough? Please view video below. An excellent trade USoil using CFD’s. For more info email me @ [email protected]
Forex trade of the week
A key point in the EUR/CHF trade was when the price fractured the areas of support, which are identified by the Fibonacci retracement at level .618 % at an approximate price of 1.2800. Once those areas have been breached, we expect the trend to be lower than the previous minimums, but in turn, the price increases producing up trends. This … Read More
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