First trader should look for supply and Demand to predict the price In Currency Supply is considered from Economic Indicators M0 & M1 Money supply rising or droping. Currency Demand when Central banks comments to hike interest rates or rising inflation etc...
The Forex market is open to anyone that would like to trade in it, but it is not easy as it seems. Many budding Forex traders fail to be successful in this market since they do not take enough time to learn how the market works. As a result, they end up losing a lot of money, or they quit so soon...
Before the start of trading week this Monday, I would like to share with the community on the importance of risk of ruin besides money management. I know when we all talk or discuss about risk, it's not the sexy part of any trading, simply because risk is associated with money loss...
Many investors seeking to reduce volatility in their portfolios are employing "options strategies" to soften the potential drag on growth caused by market volatility. I recently spoke with Brett Carson, director of research at Carson Wealth Management, about options...
Forex Correlations - This week Trading EURUSDH1 This week we look at another currency pair EURUSDH1 which was one of the 3 most trending pairs. Other pairs being GBPUSDH1 and NZDUSDH1 could be traded on the short side...
For today R4 - 1.5753 / R3 - 1.5685 / R2 - 1.5665 /R1 - 1.5636 SPOT 1.5582 S1 - 1.5486 / S2 - 1.5462 / S3 - 1.5423 / S4 - 1.5281 SELL AT 1.5610 FOR 1.5423; STOP AT 1.5685...
Forex Correlations - This week Trading EURNZDH1 This week we look at another currency pair EURNZDH1 which was the most trending. I have plotted a dynamic Forex correlation indicator with all correlations and another indicator below showing just EUR and NZD plotted for ease of viewing...
For today: R4 - 1.5681 / R3 - 1.5665 / R2 - 1.5618 / R1 - 1.5585 SPOT 1.5514 S1 - 1.5505 / S2 - 1.5486 / S3 - 1.5462 / S4 - 1.5427 sell @ resistance, buy @ support...
R4 - 1.2302 / R3 - 1.2273 / R2 - 1.2256 / R1 - 1.2230 SPOT 1.2135 S1 - 1.2118 / S2 - 1.2072 / S3 - 1.2042 / S4 - 1.2006...
It’s the time of year for reflection. The Wall Street Journal asked successful people in the world of finance and beyond about the best or worst investments they ever made...
Those who have extra money lying around should invest it to make this grow. There are treasury bonds and the stock market. Since the rates of these two fluctuate throughout the year, it is uncertain if the amount placed will double in the next few months...
The only way to keep up with the latest about Forex is to constantly stay on the lookout for new information. If you read everything you find about Forex, it won't take long for you to become an influential authority...
(trade at 11th December) 1. Background strong or neutral at entry 2. Demand signals when Hull was still red (market was in downtrend). Go long in a low volume down bar when Hull is green, as this signals lack of supply. 3. Exit on a supply signal...
it is indeed true that there is no single strategy that will always give you wins. as we all know that forex is a game of probabilities. All we are trying to do is being on the high probability side and make money out of it...
Hi everyone, I wanted to share a few tips about trade entry triggers with you. Regardless of whether you decide to go long or short, execution of a trade is what will make most of the money. Properly timing entries will keep you away from most of the bad trades that lose money...
This is very simple trading system - I named it as Asctrend Info Part 2 System. Why "Info" and why "2"? Because there are versions #1, #3 and so on. Info? Because I am using this system to understand - where/when/why will I open the trades during the day. How to install...
Forex Correlations - This week Trading EURCADH1 ( continuation from last week write up) This week we look at the same chart EURCADH1 which was trending...
ASCTREND SYSTEM The Theory. the history of the development and the meaining of asctrend asctrend system vs braintrading system: pros and cons Asctrend indicator in MT5 Codebase...
