Top Forex Forum | Get Forex Trading Strategies & Feeds | Forex Forum
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
Hey guys pls i need your help. VOC indicator has been upgraded pls if you have the update help a brother out. it is so expensive for me now. Thank you so much
First of all, what's a consolidation?
It's a period of indecision in the market where it's difficult to identify a particular direction.
So how do you trade it?
Well, you DON'T trade DURING a consolidation.
You may lose your hard earned money if you try to do so because there's no...
the major reason why people find it difficult in fx is becase they have wrong approach to fx they thought it a get rich fast scheme not minding that patience is what makes u profitable in the game so ur patience will pay u not the money u invested.
You also need to train your emotions. The...
Tip# for NEWBIES/BEGINNERS
Drawing a key(S or R) level isn't HARD!
If you're a newbie STRUGGLING to draw support and resistance zones on your candlestick charts, then do this:
Switch to line chart to draw your zones and you can switch back to candlestick chart.
Line charts are easier for...
Trading isn't all about strategy. It's more than that.
On the long run you may be in a loss if you don't invest in knowledge or trainings one way or the other.
There are lots of sources nowadays to use to learn both free and paid.
Do the work!
Do you know that you can reduce your minimum 0.20 lot size on crash and boom? Especially for Small accounts
It's simple.
To use a 0.01 lot, you open 0.21 and close only 0.20
To use 0.05 lot, you open 0.25 and close only 0.20
To use 0.10 lot size, you open 0.30 and close 0.20 lot size only...
You need to understand money and risk management. And also your psychology.
It's very important.
There are books, trainings for this. Both free and paid.
If you lack these, you may win sometimes but on the long run, you may struggle.
Also, you need good knowledge of the market to master...
Trends can either go up, down or in a linear form
That's a trending market or ranging market and choppy market (confused direction).
You need to take note of the major direction of the market and understand who's in control, the buyers or the sellers?
Before you go on to make further analysis...
TRADING TIP #for BEGINNERS/NEWBIES
HOW TO USE MOVING AVERAGE INDICATOR TO IDENTIFY SUPPORT AND RESISTANCE
I think this may help you as fresh beginners. If you find it hard to locate support and resistance on a TRENDING market, this should help.
The moving averages can be used to identify...
As a 'fresh' starter, you may have been confused whenever you hear about retracements or reversals.
Or maybe you always mix them up.
Well, I'll explain to you in simple terms.
Reversal is simply a change in trend direction.
What do I mean?
If you are in an UPTREND market and after a while...