Most Common Currency Types in the Forex Market Various Types of Currency Pairs – The sheer size of the global forex market is something to behold, with this entity said to be worth a staggering $1.934 quadrillion. This is more than 2.5x the size of
Currency pairs forex Volatility is something that all traders will have to face over the course of their trading careers. While there are certain currency pairs that are less volatile to trade, all currency pairs can fall victim to wide price swings in a short
An in depth look at one of the most popular ways to analyze price charts and confirm existing setups Before making their way to the forex market, candlestick patterns had been in use for hundreds of years by Japanese rice farmers. Developed in the 17th
Develop a plan which enabled you to start having more patience to grow smaller accounts, That’s Phillip Advice Phillip W, 33 years old, United States. “Swing trading or intraday scalping, stick to money management”. Phillip has just successfully passed our Level 1 with a great trading
Have confidence in your trading strategy Fear can be crippling. Despite everything being in order and prepared, a well-placed strike of fear can potentially ruin it all. We can drill, prepare, practice, and think we’re ready. But when the moment comes to pull the trigger
Building a Solid Trading Strategy Forex trading strategies guide 2021 – At the core of every successful trading routine lies a well crafted and tested trading strategy While successful traders all have different personalities and different styles which they bring to the profession daily, one
Forex Trading Room on December 21 – 25 2020 – The low volume influence at the end of the year The trading rooms is the opportunity to trade together with our traders! The rooms are available live 4 times a week for our traders both
How to pick the best pairs to grow your account With so many combinations available to trade, how can you know which currency pairs to trade and in order to bring the most growth to your account? If we go by sheer volume and liquidity,
Controlling fear in forex trading The term “scared money don’t make money” is used in many ways by members of the hip-hop community and in the world of financial markets and investments. But what does that mean? People who are too afraid to take risks
Experience the Benefits of a Nostro account Taking its name from Latin, the term nostro simply means “ours”. In the banking world, this “ours” refers to a bank account established through your own local bank with a foreign bank in the currency of that foreign
The unknown creates fear. Eliminate the unknown, eliminate the fear. Knowledge is key, That’s Satchyl Advice Satchyl H, 26 years old, Canada. “The key aspect that helped me to become consistent was journaling my trades”. Satchyl has just successfully passed our Level 1 with a great
Forex Prop Trading A lot of traders today are thinking about taking their trading career to the next level by becoming a forex prop trader. That is the goal for traders, who plan on building successful careers in trading forex. There are a lot of
In the art of market chart analysis, one of the most popular and interesting approaches is the Elliott Wave Theory principle. This is a method that has been in use since the 1920s. Interestingly, old as it is, the method has proven to be a
Forex Trading Room on December 14 – 18 2020 – Explaining the scaling down concept The trading rooms is the opportunity to trade together with our traders! The rooms are available live 4 times a week for our traders both PM and during the evaluation
How to utilize this negative progression strategy to succeed in the forex market Motivated traders, whether at the beginning of their careers or firmly established in the craft, are always looking for potential ways to capitalize on the market. The Martingale strategy is one such
Learn to think in terms of probabilities and statistics which enable you to trade with an objective state of mind with little emotions, That’s Edmund Advice Edmund. L, 21 years old, Singapore. “Find a strategy that gives you a statistical edge in the market with
How to decide what type of trader you are A lot of people consider trading to be the best form of making money, so it comes as no surprise to learn that a lot of people learn about financial markets through this avenue. There’s a
Welcome to the The5ers Forex Trading Room Forex Trading Room on December 7 – 11 2020 The trading rooms is the opportunity to trade together with our traders! The rooms are available live 4 times a week for our traders both PM and during the
Are mobile trading apps the way to go into the future of the fintech industry? Forex trading apps – With the evolving technological advancements, businesses are often challenged to keep up with the hype. Competition is on the rise, and so is the integration of
If you can’t read the market structure then do not trade, That’s Cristian Advice Cristian. B, 38 years old, Romania. “Never stop searching for the best trading strategy to reach your goal”. Cristian has just successfully passed our evaluation program with a great trading plan and
Swing Trading Forex Swing trading is a type of trading strategy that targets long rallies or long drops. Swing trading is also known as long-term trading or trend trading. It involves holding a position over several days or weeks. By holding the position, traders attempt
Portfolio Analyst Monthly Overview Forex Trading Insights – At The5ers, we get to speak to many of our traders about their strategies, systems, and emotions through our Portfolio Analyst Resource. We hear about the traders’ challenges and successes! From these talks, we get to learn
Welcome to the The5ers Forex Trading Room Forex Trading Room on 30th Nov – 4th Dec 2020 The trading rooms is the opportunity to trade together with our traders! The rooms are available live 4 times a week for our traders both PM and during
British Cable Pound (GBP) in 2021 The UK might be a small landmass, but it’s the world’s sixth-largest economy, and spectators have watched the British Cable Pound with interest for a while now. From the country’s adamant refusal to join the Euro Zone to the
Forex Trading Room on January 25 – 29, 2021 – 230 pips with Accurate Supply and Demand Levels
The Power of Fibonacci Extensions/Retracements in Forex Markets Trading
Darunee Succeeded to Pass The5ers Programs From Level 1 to 3 in Only 40 Days
The Complete Guide to Technical Analysis Price Patterns
Forex Trading Room on January 18 – 22, 2021 – 2 Potential Opportunities
Trade Sideways Markets (consolidations) like Professional Forex Traders Do
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