Squeeze the Recent Uptrend With a Profit of 500 Pips on GBP/JPY. Thursday 12/09/2019 Justice.N. from the UK once again performed the best trade among all our traders for this week with 500 pips earned. He opened a buy position on GBP/JPY on 03/09/2019. He held this buy position until 10/09/2019. The Draw Down that […]
What is the Dow Jones Industrial Average, how exactly does it work, and how can you apply it to forex? As a wrap to our series profiling various markets available to investors, today we’ll be presenting an in-depth look at the Dow Jones Industrial Average. The Dow is comprised of 30 large American companies and […]
Price Action Analysis For BTC/USD. Wednesday 11/09/2019 The Quasimodo pattern is a powerful one in the forex market and it is a very easy formation to spot. It’s considered a reversal pattern and therefore, we will look for it after a significant trend. The Quasimodo pattern is a signal for reversal opportunity, it indicates the […]
The British Pound and the Euro will be severely impacted by Brexit in the coming months – so we need to talk about it for just a little while. As many of you that follow The5ers blog know we try to stick to financial issues as religiously as possible – we offer our analysis on […]
A Confluence of MACD Divergence and Pinbar Candlestick. Monday 09/09/2019 Pinbar candlestick is one of the most reliable candles in the Forex charts. It is a reversal candlestick signal. The unique structure of this candle includes a long candlewick, at the opposite side a small candlewick, and a small body. The long candlewick should be […]
CCI and MACD Divergence Confluence With Double Bottom Sunday 08/09/2019 The double bottom pattern is one of the reversal patterns in the forex market. It usually formed after an extended downtrend when two valleys formed at the same level. The sellers weren’t able to go below the last level and create a lower low. It’s […]
Recognizing and Benefiting from Trend Exhaustion Trend Trading – What to look for and how to pounce when the market shows these 3 key indicators Three Signs of Trend Ending And How to Profit From Them If you can properly identify trend exhaustion, it’s one of the best times to capitalize on a moving market. […]
A Technical Correction or Momentum Shift? Thursday 05/09/2019 In the long term, the XAU/USD is bullish but now performed a double top. The price now is at a 6.5 years high, last time the price was in these zones was in April 2013. In the D1 time frame chart, we can see the nice rally […]
Which One of The Triangle’s Border The Price Will Break First? Wednesday 04/09/2019 On the D1 time frame chart, we can the USOIL price creates a Descending triangle pattern. The Descending triangle pattern represents the forces of buyers who unable to push the price higher, And the sellers fighting to push price lower and creates […]
Fresh Demand For Continuation Position. Tuesday 03/09/2019 A triangle pattern is a specific pattern formed on the price chart. Usually, this pattern identified when the bottoms and tops of the price are moving toward each other like the sides of a triangle. The triangle in the D1 chart of the BTC/USD is a Symmetrical Triangle […]
A Confluence of Supply and Fibonacci 38.2% is a Great Setup For Sell. Sunday 01/09/2019 If we look at the H4 time frame chart we can see how the EUR/USD price broke out the demand from 01/08/2019. The price crashes below 1.1000 which is the lowest since May 2017. On the W1 Chart time frame […]
Stop fearing market uncertainty and learn to capitalize off of it A Solid Risk management strategy needs to be part of any plan since Market uncertainty can bring about high levels of anxiety and stress, especially when it feels like there is no end in sight. Key events can send the markets tumbling, leaving investors […]
Trader Tips, Inspirations & lessons from The 5%ers’ Funded Trader: Robert.J. 52 years old, United Kingdom. Robert. J. has just successfully passed our evaluation program with a great trading plan and become a funded trader. He is now one of our funded traders and is trading with a $24K funded account on our platform. His next […]
Price Compressed Toward the Supply While MACD Show Divergence As we can see on the M30 time frame chart, from a price action perspective, the USD/CHF pairing climbed up in a way we call Compression. When a price climbs up in compression it means that the price absorbs and collects all the buy orders on […]
Is it actually possible to get rich in forex trading? Scroll back far enough and you’ll find a partial answer to the question of “getting rich in forex trading” in one of our previous articles. In that article, we stressed that anyone who gets into trading solely for the purpose of making money is probably […]
220 Pips Gain With Almost Zero DrawDown On EUR/GBP. Justice.N. from the UK performed the best trade on EUR/GBP in The 5%ers program over the past week. He opened a sell position on EUR/GBP on Wednesday 14/08/2019 and held the position until Friday the 23rd of August, a total of 9 days! During that stretch […]
A Bullish Outside Bar Candlestick Pattern in D1 Chart Sunday 25/08/2019 Outside bar forex strategy pattern is a price action candlestick pattern. It can be used for both reversal and continuation positions, bullish or bearish. The last day in the past week for EUR/USD has ended as a bullish outside bar candlestick pattern. The EUR/USD […]
BTC/USD is Back Into the Bearish Zone After Breakout the Demand. Thursday 22/08/2019 A fresh supply which created on the 20/08 has succeeded to breakout the demand from 19/08. This situation turns back the BTC/USD price into the bearish momentum. In our previous post on BTC/USD, we marked this demand as a great level for […]
Key Levels for USD/JPY Wednesday 21/08/2019 Fibonacci retracement is a very popular tool for measured trends and technical correction in the Forex market. A Fibonacci level alone is not good and reliable enough to get a decision and act. Therefore, I’ll always look for another confluence with the Fibonacci retracement level. If we look at […]
Key Levels For Day and Swing Trade on BTC/USD Tuesday 20/08/2019 In the H1 time frame, we can see that BTC/USD is bullish. Although the price is in bullish momentum, we can see the supply above as a great level for a day trade sell position. This supply is relevant for the day traders among […]
Trader Tips, Inspirations & lessons from The 5%ers’ Funded Trader: Nathan. R. 25 years old, United States. Nathan. R. has just successfully passed our evaluation program with a great trading plan and become a funded trader. He is now one of our funded trader’s and he is trading with a $52K funded account on our platform. […]
A Confluence of MACD Divergence and Fresh Demand. Sunday 18/08/2019 Although the interest rate cut, it seems that the Greenback is back to be bullish. Also, it seems that the Greenback gets strong against most of the other currencies. In D1 chart, we can see a bullish outside bar candlestick pattern which is a strong […]
A Deep Dive into the Russell 2000 Index What is it, how exactly does it work, and how can you apply it to forex? As part of our continuing series exploring various markets and indices around the world, today we will take a close look at the Russell 2000 Index. Founded in 1984, the Russell […]
A Deep Dive into the DAX 30 Index What is the DAX 30 it, how exactly does it work, and how can you apply it to forex? After Covering the Nasdaq and the S&P 500, we move on to European markets. Founded in 1988, the DAX (Deutscher Aktienindex) is a German blue-chip stock market which […]
