Forexforbeginners

Forexforbeginners

CHFJPY - I made a post about this pair over the weekend. Price has now come into the zone I mentioned and now I'm happy to place my trades based on my previous reasons. Make sure you are not over trading trying to trade every single pair. Make a watchlist over the weekend and stick to a plan. 3-5 pairs a week is plenty to make money! Always a message away for help.

Forexforbeginners

EURUSD here. But firstly, do you need help trading or understanding char layouts? if you do I may be able to help I'm only a message away. We have all been there where we think we see the perfect setup and we look back an hour later to see it has smashed our stop loss. This is all a learning curve, all successful traders have been there and if anyone tells you...

Forexforbeginners

My last post i went on to explain the importance of knowing what is happening with the dollar against trading it against other pairs. Here with GBPUSD you can see the pair was very bearish for some time and during that time DXY was pushing up as the dollar was getting stronger. So when i was looking at this pair over the weekend i identified this purple zone of...

Forexforbeginners

DXY shows us the overall strength of the US Dollar. So as this is pushing up you should see the US pairs pushing with the dollar. Likewise when DXY is pushing down you should go against the dollar. So if I'm looking at GBPUSD and DXY is pushing up i wouldn't be looking at placing any buys. Like wise if i see something on the chart i will look at DXY for any...

Forexforbeginners

EURAUD here. Just showing you another example of my trading. This position I am currently in and held over the weekend. I closed out most of my position on Friday evening and left a little partial to run to see if it reaches the final target. As you can see, my entry on this was a little premature off the 50% fib where as looking back I should have waited for...

Forexforbeginners

First and foremost welcome to my page! If you have a small account read the below and read again. I've been trading for near on 5 years now and now feel comfortable and confident to share ideas with the public. I do not sell courses or scam people I'm simply here to hopefully help. I do not have an Insta account to 'flex' my earnings as again, a lot of these...