What is The Right Timing to Sell SPX500 Index? The US indices have ended the last week with new records. Technically, when the price of any assets is in the new record and after a significant uptrend I’ll prefer to look for a reversal signal. As we can see in the H1 time frame chart, […]
After struggling for two years in trading, I hadn’t managed to find a solid trading concept that made sense to me or forex money management strategy that helped me. It wasn’t because of a lack of effort or research on my part because I did everything in my power, whether it was taking classes to […]
Day Trader Tips For Beginners, Inspirations & lessons from The 5%ers’ Forex Funded Trader: Roedet.S. 42 years old, Netherlands. Roedet.S. has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of our funded traders and is trading with a 40K forex funded account on our platform. […]
What is prop trading fund A prop trading fund trades for itself and doesn’t trade on behalf of customers. The trading firm doesn’t have any customers and is a unique entity in the active trading market since it works for itself to achieve long-term profitability. Proprietary or prop trading firms are also known by various names […]
A Day In The Life of a Funded Trader There are two main types of traders – the trader who chooses it as a career and then all of the rest. If you’re a funded trader, it means you’ve decided on a career in trading, or at least that you expect to make a living […]
GBP/JPY price is forming a symmetrical triangle pattern in the D1 chart. It’s about three weeks now that the price forming this symmetrical pattern and the range become more and tighter. We can definitely expect the price to breakout the triangle very soon. If the price will break down the triangle it indicates the price […]
What do Price and Chart Patterns Tell Us? Technical Analysis Price Patterns make strange shapes and outlines in all markets. It may seem weird to the uninitiated that such shapes could have any value. But the fact is that these patterns created by price action on market charts repeat themselves over and over again when […]
Day Trader Tips For Beginners, Inspirations & lessons from The 5%ers’ Forex Funded Trader: Earl.P. 29 years old, United States. Earl.P. has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of our funded traders and is trading with a 40K forex funded […]
Of all the options available to you as a professional trader, why You Should Trade at a Remote Prop Trading Firm. Trading with zero risks to personal capital and with access to exponential growth potential at a very low entry cost, remote prop trading offers an incredibly enticing opportunity for motivated professional traders. What Is […]
As we can see on the 30M time frame USOIL chart I marked the next key levels for a day trader. Below us, there is a great demand level for day trade buy position, This demand also broke out the supply from 31/10/19 which indicates a powerful demand. Above us, there is a great fresh […]
A confluence of RSI Divergence and Fresh Supply Thursday 31/10/2019 In the H1 time frame chart, we can see how the DAX index price has formed RSI divergence and it happen after a significant uptrend. Although the RSI indicator is still on the positive side (above the 0 value) the RSI divergence indicates that the […]
Will the Price Complete The Head & Shoulders Pattern Wednesday 30/10/2019 The Head & Shoulders pattern known as a reversal pattern among forex traders. As we can see in the XAU/USD H1 chart, there is an incomplete bullish Head & Shoulders pattern. The price already creates the left shoulder and the head. Now, the price […]
proprietary trading for beginners Enterprising traders looking for a lucrative career in the trading world have most likely heard the buzz about proprietary trading. In this extensive beginner’s guide to proprietary trading, we will explore all aspects, the pros, and cons for trading at a prop shop. Prop firms or prop shops as they’re commonly […]
A Confluence of MACD Divergence and Quasimodo Level. Sunday 27/10/2019 BTC/USD price has formed a significant recovery at the end of the past week and creates a new fresh demand level. For the first time since September BTC/USD price back to test the 10K zones. In two days Bitcoin has jump up from $7400 up […]
How Making Sure Your Surroundings And Trading Routine Set You Up For Success In our previous article in this series, we talked quite a bit about how a lot of Forex traders start trading, their reasons for doing so and even got into how acknowledging what kind of trader you are can greatly contribute to […]
Price Action Analysis With Descending Triangle Pattern 23/10/2019 As we can see on the D1 time frame chart, BTC/USD price is in bearish momentum. Three weeks ago the price broke out a descending triangle toward down while creating a fresh supply above. This descending triangle has created and lasts for almost three months. Below us, […]
MACD Divergence Indicates the Buyers Running Out of Power. Sunday 10/20/2019 The GBP/USD has an amazing rally in the last 10 days after the announcement of a new Brexit deal possibility. Generally, after such a strong rally I preferred to wait for a reversal opportunity. The MACD Divergence which we can see in the H1 […]
Why We Start Trading And How Knowing What Type Of Trader You Are Will Help In The Long Run In this new series of articles, we aim to start “speaking” directly to you – our Forex Trader by laying out some difficulties, trials, tribulations, successes and other things that you went through or are going […]
Trader Tips, Inspirations & lessons from The 5%ers’ Forex Funded Trader: Chase.W. 27 years old, United States. Chase.W. has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of our funded traders and is trading with a 24K forex funded account on our […]
Combination of CCI Divergence and Fresh Demand. Monday 14/10/2019 GBP/JPY has a significant rally of about 700 pips in the last few days. For the long term, it seems the GBP/JPY price has changed the momentum from bearish to bullish. The price reached a new high for the past 3 months. So for the long […]
A Confluence of Fresh Supply and Fibonacci 61.8% Level. Thursday 10/10/2019 In the H1 time frame chart, the DAX index seems to be bullish. But in the higher time frame, we can see that the price has just become bearish, This means that the uptrend we see at the H1 chart is only a technical […]
It Seems BTC/USD Price on Its Way to 4200.00 Zones. Tuesday 08/10/2019 On the D1 time frame chart, BTC/USD price performed a Descending triangle pattern. The Descending triangle pattern represents a situation where the buyers cannot push the price to a new high. The price creates a lower and lower highest while the sellers struggling […]
Trader Tips, Inspirations & lessons from The 5%ers’ Forex Funded Trader: Vawda.Z. 29 years old, South Africa. Vawda.Z. has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of our funded traders and is trading with a $40K forex funded account on our […]
Which Direction the Price Will Break the Triangle Pattern, Down or UP? Long Term Analysis for USD/CAD Sunday 06/10/2019 The symmetrical triangle pattern is a pattern where the price converges into a tight range. The USD/CAD price creates a higher low and a lower highest. The meaning of that is that there is no dominant […]
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