Get started

Copytrading

STRONG BUY ON USD/CHF - as seen on multi tf (SIGNAL!)STRONG BUY ON THIS PAIR we can see the price movement as bullish as it broke through the key level at 0.96165 also note the formation of higher highs and higher lows (bullish momentum or uptrend) 3.55RR NOTE THAT THE MAJOR NEWS AT 8:30PM GMT +8 FOR USD WILL DISRUPT THE FINANCIAL MARKET AND THIS WILL GIVE USD/CHF A BOOST TO THE UPSIDE! HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
Long
by JuanCrlsTrades
2
GBP/USD - AN UPDATE FROM MY SIGNAL YESTERDAYexited my trade when this candle appeared on H1. My indicator for a bullish exhaustion or also known as 'shooting star' RSI has also formed a bearish divergence on H1 indicating a lost of momentum to the upside. Looking at the structure, price has also formed a double top - bearish price structure Overall, this was a pretty solid trade that we took from yesterday's signal. If you have followed this you would have gotten 2.06RR (70pips) FOR REFERENCE: CLICK ON THE LINK TO RELATED IDEAS DOWN BELOW IF YOU WANT TO SEE THE TRADE SETUP FROM YESTERDAY HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
Long
by JuanCrlsTrades
XAUUSD (GOLD) TRADE UPDATE FOR YESTERDAY'S POSITIONTP HIT!! Trade update on the signal that was given yesterday on Gold. Prior to placing this trade, DXY was rejected to the upside and making a pullback. all the major pairs including the pound that I also took yesterday were rallying. I have screened Gold thoroughly on the higher tf starting from weekly down to the hourly for any possible setups. On the weekly, Gold has retested its major support level at 1730. I knew that Gold was going to bounce into this level, we took advantage of that and we also took a long position on Tuesday (New York Session Time) On the H4, we have seen a strong confluence on the RSI followed by a bullish price action that's also confirmed down to the hourly. FOR REFERENCE: PLEASE CHECK MY PREVIOUS TRADE ON THE LINK TO RELATED IDEAS DOWN BELOW PATIENCE IS KEY HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
SAXO:XAUUSDLong
by JuanCrlsTrades
Trading Idea - #LindeMy trading idea for #LINDE - Buy/LONG Target: 292.00 EUR (+6% profit) Linde PLC produces industrial gases which are afterwards used in various sectors such as the energy sector, steel production, chemical processing, environmental protection or medical therapies. On 14.07.2022, an unusually large long position appeared in publicly available options trades. It is not clear whether it was an institutional investor or a wealthy private individual. What is clear, however, is that someone knows something positive is going to happen. Apart from that, Linde has successfully tested the long-term support line this month. A further upward movement would be the consequence. My target is the annual POI around EUR 296.00.
XETR:LINLong
by Traderherz-Analytics
Important Copy Trading Metrics to AnalyzeHello Traders and Investors, Today I want to talk about some of the important metrics pertaining to a live trading statement that you should assess before considering which traders to copy. For those of you that are not familiar with copy trading, it's the most revolutionized way for investors and traders to safely invest with professional traders in 2022. == COPY TRADING SERVICE PROVIDERS == LEFTURN Inc. eToro collective2 ZuluTrade FXTM == WHY COPY TRADING EXISTS ? == Unfortunately in the past there's been lots of scams in this industry with fake traders or money managers where investors would give a professional actual cash. The fake trader would deposit the investor's funds in their own personal account, for the investor to then later discover the whole investment was a scam. Luckily however, copy trading was born to help eliminate the possibility of being scammed by fake traders or investment advisors. --- Let's now review some important metrics pertaining to trading statements. For those of you that are not familiar with myfxbook or FXBlue , these are 2 great third party resources available for traders to showcase their past performance by connecting their MT4 or MT5 account to either myfxbook or FXBlue's API. == IMPORTANT METRICS TO REVIEW == 1. First and foremost, is the account verified via a third party vendor? The first early sign of a fake trader is if their willing to showcase their past results of their live verified trading statement. Be cautious about anyone showcasing their results via screenshots or Photoshop files. Always ask for statements from either FXBlue or myfxbook. 2. Does the trader use his/her real name or an alias name? We all know that our reputation is our most valuable asset. An early sign of a fake trader might be someone that goes by an alias name. 3. Is the account in which you intend to copy either a demo or live account? This is very important since most traders can perform well on demo accounts, but can't perform the same on live accounts. When trading live accounts, it has a completely different psychological impact on the trader's mindset since he or she is now trading with live capital. 4. How much equity does the trader have in his/her master account? Traders that trade with larger accounts tend to have more confidence in their own abilities to perform. Be cautious about traders that are constantly withdrawing large amounts or have little equity in their account. 5. How old is the trading history? Some traders can perform well for several months especially if their using an EA or some sort of algorithm. Unfortunately for many traders that use fully automated systems, majority of them tend to have a doomsday effect every 6 months to a year. This is why it's important to request at least a year long statement 6. Understanding the trader's strategy By understanding how the trader enters and exits positions, this will allow you to determine if their strategy works with your risk tolerance and level of comfort. 7. How easily can you contact the trader when you have concerns about the account? We can't expect the markets to always perform perfectly according to the strategy. Maybe another major crisis is right around the corner that neither you (the investor) or the trader isn't expecting. What's the plan for when the markets are not trending according to plan? How does the trader manage risk in times of uncertainty? Traders that you can easily contact at anytime will give you great ease and peace of mind knowing they are working on adapting to the ever changing market conditions. 8. What is the maximum drawdown? Knowing the maximum drawdown the trader has had in the past will inform you about how much risk the trader is willing to take on your account. However this metric should be discussed with your trader as they might not take on much risk at first to protect the investor's principal but then increase the risk once the account has significantly grown. Some traders will not risk any of the principal investment but are willing to risk some of the earnings already generated. 9. What are their average monthly returns? This metric should be proportionate to the maximum monthly drawdown but should also be discussed with your trader to fit your level of risk tolerance 10. How do they manage risk in times of uncertainty? Does your potential trader use stop losses, do they hedge positions, or close all trades heading into major risk events? Understanding how they manage all risk factors is critical for the life span of the account in which they will trade. 11. What are their fees? Do they charge a monthly management fee along with a performance fee? Or do they just charge a performance fee? Trader's that only charge a monthly performance fee have greater confidence in their own strategy since they only get paid if the investor makes money first. 12. Which broker are they using? Some traders want you to register with their broker so they can generate additional revenue through what's referred to as an IB program. Others allow you to use any forex broker and are more interested in generating returns for their investors and not so focused on IB commissions. Trader's that have IB accounts get paid based on the volume traded. Be cautious about traders that want you to register under their IB program with their broker. 13. How often can you request withdrawals? If you're able to withdrawal funds as often as you like, that's a bonus and again shows greater confidence.
Education
by Michael_Harding
BITCOIN about to make that push!wassup my peeps, yes u read right, bitcoin to the moon they say well that may just be the case here. BTC is currently rebounding off the weekly support, also on the daily chart above we can also see price is holding above the 200 moving average and also we saw a pinbar candle close to a major support level. With these confluences and price action signals i will open a long position on BTC. entry 51022.5 stop loss 45606.4 take profit 65352.6
OANDA:BTCUSDLong
by Marofrassfx
1