Blog  Month: March 2019

  • Blog
  • Month: March 2019
March 31, 2019 | 11:12

A few reasons why price action is the preferred indicator for many forex traders For a moment, throw out complicated analysis schemes and just look at the market. Just sit and watch the price action go up and down. Enjoyable isn’t it? Many traders love using price action as their number one indicator because it’s […]

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March 30, 2019 | 11:49

How to lock yourself and your focus into the trading zone Every day in which we come to our trading setup requires us to be hyper-focused on the job at hand. We have to be fully attentive to what we do and how we do it in order to always be on top of things. […]

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March 28, 2019 | 11:27

USD/JPY Key Levels For The Swingers Among Us Thursday  28/03/2019 As we can see, the USD/JPY is in bearish momentum at the moment. The fact that the price broke out the last low of the recent uptrend indicates that. It seems the price on his way To reach the demand below, The supply above can […]

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March 27, 2019 | 14:22

Congratulations to John.J from the USA, he just passed The5ers evaluation with great success, it took him almost 7 months to reach the target and he needed an extension for his 6 Months time limit, great risk management with a very solid style of trading, it seems he is a swing forex trader, he testified […]

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March 26, 2019 | 11:12

An in-depth look at the mechanisms and logic behind the supply and demand theory If you’ve ever taken econ 101, the theory of supply and demand shouldn’t be news to you. It is after all one of the fundamental principles that governs every modern economy on the planet. Simply put, it is the theory that […]

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March 25, 2019 | 06:54

The three best (and worst) times to trade forex The forex market is wide and offers great opportunities to anyone with a solid trading strategy and plan. Where and when you work is up to you and with a well-disciplined approach, market success is attainable. But although the market offers much flexibility when it comes […]

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March 24, 2019 | 10:57

The trader’s tools – Assets a trader needs to make a daily trading routine successful When most people go to work in the morning, they pack their briefcase or backpack with the physical items they need to make their day successful. A laptop, notes from a meeting, the day’s agenda, bags are filled with the […]

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March 24, 2019 | 10:57

Sunday  24/03/19 Quasimodo pattern is a very reliable reversal pattern in forex. For the long terms, we can see that the Spx500 index is bearish. we can see that clearly on a weekly chart, The last drop from Friday is a reaction to the Weekly Quasimodo level that I mention in my post from the 14/03/19 on SPX500. […]

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March 21, 2019 | 11:06

21/03/19 After the struggle between the buyers and sellers in EUR/USD, we can see the price jump away fast and strong, It indicates that there was a huge difference between the buy orders and sell orders, much more buy orders at this level, That situation creates the demand below, It means there Are more unfilled […]

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March 21, 2019 | 05:59

A grid trading system is a method of adding on every few points or pips as the market is progressing or regressing. For example, let’s say you buy EURUSD at $1.130, you would also add on $1.125 and if the price goes to another low, you would add again at $1.200. In a well-executed grid […]

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