Reversal Patterns Forex In this post, we will discuss five powerful and reliable reversal patterns in the forex market. Generally, reversal patterns provide a great Risk-Reward ratio potential. We will learn how to identify each one of them and how to trade by using these patterns. What are Reversal Patterns? A reversal pattern indicates a change […]
Respect your trading plan, be patient and work on your emotions. That’s Hugo’s Advice. Hugo. O, 38 years old, From Mexico. Hugo is one of our veteran traders, and he has been trading with us for 18 months. We spoke with Hugo about his trading plan, insights, and lessons gained while trading in the markets […]
How To Enter Forex Trades This article is an educational guest post. It was written by Mark Mc Donnell, the owner of the Forexearlywarning. In this article, we will give forex traders a comprehensive guide on how to enter forex trades and manage them across 8 currencies and 28 currency pairs. We will show forex traders […]
MT5 on Apple Devices As you may know, Apple removed the Metatrader app from the AppStore. The change by Apple currently prevents new clients from installing MetaTrader Mobile from the App Store. Fortunately, we got you covered. As a licensed partner of Metaquotes, The5ers offers a web version for the MT5 platform completely free to […]
The most powerful scaling plan Brandon R, 28 years old, from the United States. Brandon is a Level 4 Funded Trader. He has successfully passed 3 levels with three different accounts. He is now managing $960,000. His next mission is to reach a 10% profit to double his funds to $1,920,000. We spoke with Brandon […]
Forex order block Order block is considered a market behavior that indicates the pile-up of orders from banks and institutions. The central banks and financial institutions mainly drive the forex market. Hence, traders should know what they are supposed to do. The market starts ranging while building the order block, and most of the investing […]
Being a successful trader goes beyond technical knowledge and professional market analysis. It largely depends on understanding our behavior patterns and reactions to different situations. Mastering the psychology of trading is crucial for making better-organized and informed decisions. This increases the success rate of our trades. Of course, this takes time, and long-term success will […]
Cup-and-Handle Pattern Chart patterns capture traders’ emotions of greed and fear as they react to news events and other market developments. These patterns often have predictive value, as people tend to react in the same way to the same stimuli. However, chart patterns aren’t always fail-safe. In this article, we’ll illustrate how what looked like […]
Trust The5ers process, as it’s only meant for the trader’s good. That’s Iddrisu’s Advice. Iddrisu A, 44 years old, From Ghana. Iddrisu has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with an 80K low-risk funded account. His next mission is to reach 10% of profit […]
Breakout Trading Strategy When the market is ranging, every trader would expect an impulsive trend just after the range, and I’m sure you would want to get into the trend as soon as it begins, right? The Breakout Strategy has been strategically designed to satisfy traders’ needs and help them hop into the trending market […]
Bootcamp Funded Trader Tine B, From Slovenia. Tine successfully passed and scaled up his Bootcamp account in less than two months. He is now trading the $125K funded account. His next objective is to reach a 5% profit to scale up his account to $150K. We spoke with Tine about his trading plan, insights, and […]
Forex and Stock Market Software A lot goes into making profits from forex and stock trading. The market is dynamic, and one needs to be an intelligent trader to get good results. This means spending hours researching the market to ensure the stocks you invest in are bringing in profits, not losses. Thus, you could […]
Use the5ers platform to constantly monitor your progress. That’s Steven’s Advice. Steven W, 47 years old, From Singapore. Steven has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with an 80K low-risk funded account on our platform. His next mission is to reach 10% of profit […]
Mother Bar-Inside Bar Combo In forex trading, if you have a perfect chance of your success becomes high. But the irony is that most of the time, traders fail to build a rock-solid strategy that will gain a handsome amount of pips at the end of the month. Mother bar inside bar combo could be […]
Choosing the risk per trade carefully and not rushing the process. That’s Marvin’s Advice. Marvin S, 29 years old, From Germany. Marvin has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with a 40K low-risk funded account on our platform. His next mission is to reach […]
Social Trading and Copy Trading on Forex Social trading and copy trading are two phrases that have been thrown around a lot in the Forex world recently. So, what exactly do they mean? In this blog post, we will discuss the differences between copy trading and social trading, as well as the benefits and disadvantages […]
Inflation and Forex The currency market, popularly known as the Forex, is highly volatile. Instability in the currency market doesn’t always translate into complex trading options. It is volatility that creates liquidity in the Forex market. The more the liquidity, the higher your chance of reaping whirlwind gains on your investment. But inflation retards the […]
Cut your losses at 1% and let your winners run until the market takes you out. That’s Darren’s Advice. Darren S, 45 years old, From Wales. Darren has successfully scaled up his Bootcamp account for the second time in two weeks. He is now trading the $150K funded account. His next objective is to reach […]
Forex Trading Myths The foreign exchange (Forex) market is an excellent place for ordinary people to dabble in trading. Forex is more liquidity than other markets. It also provides fantastic opportunities for profit. It’s accessible too. Trading costs are low, and you can trade anytime, anywhere. Anyone can have a go. “But wait,” I hear you […]
Supply and Demand vs Support and Resistance Every Forex trader has one strategy they like to use. One of the most popular methods used is Supply & Demand, but many traders get confused between the concepts of Supply and Demand and Support and Resistance. Now, what is the difference between those concepts? Support and resistance […]
A Close Look at a Popular Swing Trading Style Forex swing trading is a trading style based on identifying swings in the market. Since these swings can take a while to develop, swing trading is most often done over the course of several days or market cycles. If visualized as surfers, traders who utilize this […]
Forex slippage You may have experienced that sometimes you want to enter the trade at a certain price, but its execution happens at a different rate. Can you tell why this happens? This happens because of a phenomenon called slippage. In this guide, we’ll break down what forex slippage is, how it works, and how […]
Crypto and Forex Over the past 5-7 years, cryptocurrency platforms have become more common. Alternative payment tools are being introduced into various industries — game development, digital art, banking, marketing, etc. Thousands of Forex traders wonder if they should focus on the crypto markets to improve their prospects in terms of financial transactions. Let’s dig […]
Don’t try to chase and force profits. Rather take it slow and steady. That’s Savell’s Advice. Savell .M, 36 years old, From the United Kingdom. Savell has successfully passed our PM 2 instant funding program and is now one of The5ers PM 3 funded traders, trading on a $96K low-risk account. His next mission is […]
