Have a proper risk management and avoid high volatility for start. This might help: video

why forex is so risky?

Cable forecast in next 2-3 months until eu-uk talks come to common sense. Period of consolidation looks to be over anytime soon. Pair will face 2 crucial supports before either leg formes new direction. I would call 60-40 percent of chance to ...

Cable Update (GBPUSD)

GOLD on 4h - As US$ weakness was exposed during important FED rate announcement and FED Powell's speech (expected happened but neutral-hawkish statements than before) after opponent currencies got stronger, so as commodities market. Gold rallied ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

WTI on daily - Possible 5th wave on daily, with still more space to 4th wave re-test. On long term outlook seems we already confirmed that retracement last leg, but fundamentals are pointing towards that level once again (at least for now since ...

Sweet, sweet Oil

Also entered long, on the way to 110 possibly, clear p/a trading today, everything is green

USD/JPY Discussion

USD/CAD on daily - Price is currently very near upper OB zone's level and also 0.5 fib retracement which played key role last time since OB was formed which we can clearly see on this 1D chart. Not just that, volume looks to act slower comparing to ...

USD/CAD

AUD/USD Ahead of some fundamentals for US price on this pair is still showing bearish sentiment with almost all indicators and patterns on the bears side. The weekly chart has now declined below the 20week SMA on the Bollinger Bands, the weekly MACD ...

AUD/USD

EUR/USD - Sweet 65 pips breakout from the OB's down line and back inside previous OB zone (looks to test 1.22 maybe). Yet using pitchfork this time we can clearly see what down trend looks like (possible down OB zone). Price is moving in upper side ...

EURUSD only

EUR/USD - Not much action for these past days in the pair since we're stuck in another OB zone with 'tease' wick down inside previous OB. Currently price is fighting 50MA on hourly and 200MA is pointing downward since on shorter term we're 60-40 ...

EURUSD only

Trump speaks at CPAC 2018 I'm done for today now. Till next week

EURUSD only

GBP/USD 1h - Possible zig-zag move on the pair, on daily/4h/hourly charts. The smaller triangle looks to come close to that 85-90% and price could make final react to that upper trendline (also trendline of big triangle) and we seem to be on the ...

Cable Update (GBPUSD)

''Aussie'' on hourly - Price moved from OB down to test current support level (0.784) and is keeping around that level forming a ''decision'' area. Price is picking up momentum (RSI) a bit after that slump down to low extremes below 30. 50/200 SMA's ...

AUD/USD

EUR/USD 1h - Euro stronger on USD mainly because of dollar's weakness. Part of the decline was the continued rebound in stock markets as the S&P 500 posted another solid day and climbed above the 55-dma. We are reaching monthly high pivot point and ...

EURUSD only

EUR/USD 1H Price is in a downtrend channel and entered back in the zone of previous OB since last biggest up trend rally. OB's up line (prev. resistance) was broken without much effort and almost touched down line (prev. support) while bouncing off ...

EURUSD only

NZD/USD 1H -First time in 2018 price got back facing its old resistance level from the past (0.74390). Also upper triangle trendline on daily got rejected respecting 2017's all time high (also all time high since 2015's downfall - 0.75670). Daily ...

NZD/USD

Basically I make monthly stats, and keep it in a yearly folder. I used to check out the stats every time I switched strategy. I used to have strategy based on patterns and trade just specific patterns but switched that mode off a year ago. Now I ...

Do you record your trades?

Ever since I started to trade I managed this by details. Specially when testednew strategies and systems, it's very important to keep the track of everything you do

Do you record your trades?

OB's reaction zones to be tested soon on AUD/USD? Since 24.01 first bigger order block escape new OB's were formed in smaller times frames (15,30min). Looking at twin OB zone price contraction based on symetrical triangle since price came back to ...

AUD/USD

Scalping opportunities on EUR/USD. Looking at 15min timeframe in combination with 5min on my MT4 to signal me better entry opportunites. Price ranging in between down channel trendlines and heading towards 2 crucial support levels (1.24130 and ...

EURUSD only