Important areas on market – These are the areas that you're looking everyday on your charts. This reminds me of my beginings and the frustrations I was put to: while the price was uncontrollably mov
I have download new MetaTrader 5 few hours ago. MetaQuotes Software announced a MT5 Beta Testing Period, which will last for 5-6 months. If you wish to download and try here is download link:
Down
No matter what trading style or fx strategy you use you always have to pay attention rounded numbers. These numbers can be great supporters and resistors on all currency pairs.
If the price of EUR/U
Day Trading became the most popular form of trading on forex and stock market.”
Day Traders open and close positions in the same trading sessions.” This is the definition for Day Trading. For me,
There are several ways to get your own strategy for forex market. The strategy I’m going to talk about is considered as a profitable one. In following article I’m going to explain five ways (along
I’ve played with trendlines and noticed great support area at H1 time frame. The idea is to watch this support area (red) using your favorite strategy, if your strategy confirms buy or sell signal in this area wait for support break for sell – support confirmation for buy. Use candlestick patterns and other helpful indicators if you need additional... [Read more of this review]
Those days it’s hard to draw excellent technical analysis. I opened sell position eur/usd few weeks ago, right now I’m waiting for breakout support at 1.2222 level (Gann theory). If you are looking for trade this pair be very careful, if you have solid day strategy the best thing is to take 20-30 pips, you can buy and sell eur/usd at the... [Read more of this review]
Price is reached yesterdays R2 level. Look at the image above, it’s GBP/USD H4 time frame, we have trendline and superb pattern. Before any action I will wait to close actual candle and then decide trade or not to trade
Target 30-50 pips.
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Few days ago I was post GBP/USD TA and signal. It seems that those levels are very good support and resistance, price react very well on those levels. Here is some kind of update, so you can trade cable in coming days. Watch possible breakout, but I think price will stay between this trendlines before breakout. I will try buy gbp/usd few time during... [Read more of this review]
