Fxtrading
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD LONG 1866hello
this is my analyses for gold, i marked out the sessions highs and lows. if gold manage to go back 1842-1845 i wil add another long position. very important to manage youre risk because gold can go straight to stoploss even ! im risking 0.5% on this trade, main target is 1866-1870. goodluck!
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
WHAT IS MARGIN? Traders must know this📚
✅Significant investments are required to gain access to foreign exchange markets. Not everyone who wants to try their luck in the world of trading has such funds. However, thanks to brokers that act as intermediaries and provide loans to traders, trading has become available to everyone. Thus, the essence of margin trading is to conclude transactions in financial markets with the use of borrowed funds provided by a broker.
🟢The second name of margin trading is trading with leverage. Leverage is the ratio of your deposit to the amount of the working lot. To obtain this kind of credit, the trader's account must also have his funds. The minimum of the initial deposit is different and depends on the requirements of a particular broker.
🟢The margin on the stock and foreign exchange market is a pledge that is blocked by the broker on the trader's trading account during the opening of the transaction. In margin trading, the broker can issue a loan both in cash and in the form of securities. Margin is usually expressed as a percentage, showing what proportion of own funds must be deposited to open a position on a particular instrument. For example, a margin requirement of 20% means the possibility of opening a transaction with financial instruments if there is a fifth of their total value on the account. And the margin requirement of 50% allows you to open positions for a certain amount, having 50% of it on deposit.
❗️Margin trading allows a trader to sell the market, entering short positions in case of forecasting a decline in the price of a particular instrument. Let's consider the principle of opening a short position on the example of stocks.
❗️Expecting a decrease in the price of Vesta shares, a trader takes ten shares from a broker on credit and sells them on the stock exchange at the current price. After the predicted price drop, he buys ten shares at a lower cost. By returning them to the broker, the trader remains in profit. The lower the stock price falls, the more profit the trader will get.
⚠️The above transactions are actually carried out much easier. Technically, a trader does not need to sell securities and subsequently buy them again. To do this, you only need to instruct the broker to open a short position. If the trader's forecast turns out to be correct and the forecast price decreases, the trader will close the deal, fixing the profit. Otherwise, if the price increases, the trader will receive a loss.
❤️ Please, support our work with like & comment! ❤️
XAUUSD Short positionIt has been a long time since I last posted here. But, starting my 2022 right. So my first entry; since XAUUSD had a massive break out which i believe requires a reversal. First zone that im looking at is 1818 area but i believe we may also hit 1790 level or lower. Let's see how this trade goes :)
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCNH top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Weekly Market AnalysisHi there!
In this video, i share my areas of interest for the week of 17th January 2022, Feel free to comment, its my first video on this platform, but i think this is a great way to improve my own trading and help my to articulate my reasoning to take a trade. It seems the more I share the better my trading performance is... which doesn't make sense to me, but if it works, it works! lol
Feel free to share your thoughts and lets kill these markets!
Trading on Financial Markets | Your Guide to Trade Planning 📝
Hey traders,
In this post, we will discuss 6 crucial things in your trade planning and the main elements of trade results assessment.
1 - Before you open a trading position, make sure that you analyzed the chart. You should identify a market trend and spot major key levels.
2 - Once the chart is analyzed, you should identify the safest trading areas for your strategy (preferably the zones of supply and demand).
You should patiently wait until one of these zones is tested.
3 - Once the zone is reached, you should look for a confirmation. You can either look for a reversal candlestick/price action pattern, some fundamental trigger, or some indicator. The point is that you should rely on a trigger that is backtested and that proved its accuracy.
4 - Getting your confirmation, you should have a precise entry strategy. Some traders prefer aggressive entries on spot while others are waiting for a retest of some major/minor level.
5 - You must set a stop loss. Remember that your stop-loss defines the point where you become wrong in your predictions. Be extremely careful on that step and give the market some space for fluctuations.
6- Know your exact target level(s). Know the point where you start protection of your position, where you start profit-taking. Be very strict and don't let your greed and fear intervene.
Only then a trading position is opened.
No matter what will be the end result of your trade, you should assess it:
1 - You should journal the trade outlining its end result, trading instrument, and your entry reason.
2 - Note any peculiar thing about this trade that you noticed.
3 - Record your gain/loss percentage.
4 - Identify whether any mistake was made and if so, learn from that.
Here is your minimum plan to follow. Of course, as you mature in trading your trade assessment plan will be more sophisticated.
Do not underestimate its importance and treat it as the main element of your trading routine.
Do you plan your trades like that?
❤️Please, support this idea with like and comment!❤️
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
CADCHF: Potential Long Trade Explained 🇨🇦🇨🇭
CADCHF broke and closed above a daily key level yesterday.
Retest of the broken structure may give us a long opportunity.
To catch it with a confirmation, follow a minor consolidation range on hourly time frame.
0.732 - 0.7325 is its resistance.
Wait for its bullish breakout (you need an hourly candle close above that to confirm the breakout),
then buy aggressively or on a retest.
Initial target will be 0.7365
❤️Please, support this idea with like and comment!❤️
GBPCHF: The Zone To Watch🇬🇧🇨🇭
GBPCHF is trading in a strong bearish trend since April 2021.
The market is falling within a parallel channel.
The price is currently approaching a channel's resistance.
With a high probability, the next trend-following move will initiate from there.
Look for a confirmation within the underlined zone to short the market.
Goals will be 1.236 / 1.22
In case of a bullish breakout of the channel, a bullish wave will be anticipated.