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XAUUSD USING SLK STRATEGY Replied 1 hour ago - I will be closing my trade here. It ended in profit.
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EUR/USD Beginner Level trading Replied 3 hours ago - Wow, so theres more to price movement than just technicals!
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US30 with SLk Strategy Replied 3 hours ago - Image of the trade that hit stoploss.
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NAS100 Replied 3 hours ago - This is the image
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GER40 with SLK strategy Replied 3 hours ago - This is the image of the trade that hit stoploss.
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GOLD/USD Replied 6 hours ago - Nice mate. Still waiting for my trades to play out. Gonna be a long day🤣
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Trading GBP/USD Replied 1 week ago - Here on the daily timeframe, we had a daily breakout to the upside. This daily breakout to the upside is a confirmation of what we saw on the weekly timeframe. I will be looking out for buys all through this week.
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Eurnzd Trade Setups and breakdowns Replied 1 week ago - BUY TRADE SETUP. ENTRY PRICE: 1.96691 STOPLOSS PRICE:1.96386. Note: I have not entered the trade, i am waiting for a retracement back to my entry price.
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GBPNZD Replied 1 week ago - THIS PAIR IS BEARISH ON BOTH MONTHLY AND WEEKLY TIMEFRANE. HERE DAILY IS ALSO BEARISH BY GIVING US A BREAKOUT TO THE DOWNSIDE. WE HAVE A LIQUIDITY AFTER THE BREAKOUT, WAITING FOR PRICE TO SWEEP LIQUIDITY BEFORE LOOKING FOR SELLS.
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USDCAD USING SLK Replied 2 weeks ago - Stoploss Hit
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best time to trade us30 in south africa Replied 2 weeks ago - Here is another example. This is the US30 chart for today, and you can appreciate the burst of activity when US stock exchanges open
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USDCHF SETUPS Replied 2 weeks ago - SELL PROJECTION.
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Leverage Replied 3 weeks ago - High leverage has a bad side too, it encourages you to be reckless (i gives you false confidence). It encourages you to pursue losses because even after sustaining a big loss, the broker will still allow you to enter the market again knowing fully well, that if your trade should enter a loss, there will be no extra money left in your account to cover the loss leading to your trade being closed.
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Trading pairs Replied 3 weeks ago - Another reason why beginners should stick to major fx pairs is because there is more information out there about the factors that move these pairs. Everytime you look at the news it is easy to see news about the USA, United Kingdom, Europe or Japan.
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what is xauusd Replied 3 weeks ago - Why XAUUSD Is Popular Among Forex Traders 1. High volatility = More trading opportunities Gold moves a lot every day, often $10–50 or more, creating many setups for: Scalpers Day traders Swing traders This volatility is why traders like it — more movement = more chances. 2. Tight spreads (especially during active market hours) Gold usually has tight spreads on good brokers, especially on raw/ECN accounts. This makes it ideal for: Fast entries and exits Scalping strategies High-frequency trading 3. Strong reaction to economic news Gold reacts sharply to: U.S. inflation (CPI) Interest rate decisions (FOMC) Non-Farm Payrolls (NFP) Federal Reserve speeches This makes it great for news traders and volatility traders.
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what is the polish currency, can i trade it in forex? Replied 3 weeks ago - The currency of Poland is the Polish złoty, written as: Name: Polish Złoty Code: PLN Symbol: zł You’ll often see it quoted in forex as a pair like: USD/PLN (U.S. Dollar vs. Polish Złoty) EUR/PLN (Euro vs. Polish Złoty) you can trade PLN in forex, but it is considered an exotic currency pair, not a major. ✔ Available to trade (with most brokers): USD/PLN EUR/PLN GBP/PLN (on some brokers)
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for which forex pairs is eurusd correlation negative? Replied 3 weeks ago - The strongest negatively correlated currency pair to EUR/USD is USD/CHF. When EUR/USD goes up, USD/CHF often goes down, and vice-versa.
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GBPAUD Replied 3 weeks ago - I did not set my limit when this trade got to my entry but i will be entering if i get a retracement to that zone.
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how does dxy affect the prices of currency pairs Replied 1 month ago - When DXY goes DOWN The U.S. dollar is weakening. Effects: USD pairs often fall (like USD/JPY, USD/CAD) because the dollar is weakening. Non-USD currencies rise vs USD (like EUR/USD, GBP/USD). Example: If DXY drops, GBP/USD usually rises. DXY reflects: Interest rate expectations for the U.S. Market risk sentiment (USD rises when people want safety) Global demand for dollars Because the U.S. dollar is the world’s dominant currency, shifts in DXY ripple through nearly all FX markets.
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which currency pair is most profitable in forex? Replied 1 month ago - I guess the relevant question to be asked is "which currency pair is the least volatile" because when a pair is not too volatile, your risk is lower leading to a chance for more winning trades. So I think EUR/USD is the least volatile pair to trade and another good thing with it is that it has the lowest spreads of any currency pair and the liquidity is high since market makers always use eur/usd options to hedge their fx exposure.
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