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GBPCAD

BenAqiba Updated 1 Lug  in #Forex
This was one trade with higher risk because I usually waiting confirmation candlestick but this one was strong with shadow on the bottom side.But I entered because this setup is in the line with downtrend . After a while the setup moved into my direction
Picture 1
My second reason was weekly chart,because the price was bellow middle band and middle band could be strong sometimes.
Picture 2
The most important reason …
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It Is Easy To Trade On Forex

BenAqiba Updated 9 Mag  in #Forex #Trade #Pairs
As you can see from the title,trading on Forex market is easy if you have a good strategy and if you are loyal to her hole time.
I will show you some trades ,active trades.I have deleted only my size of position.They are still open , and I am in good profit.
I have take all pictures when I have write this article,which means in real time. Good luck
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BenAqiba 9 Mag

Also,here is my  real account statement !

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BenAqiba 16 Mag

Here is a one setup on EURUSD pair.I am using Bollinger band lines,and middle band is  20 day average price in 20 last days,which is 20 last closed candlesticks. I like trades around this band.As you can see from the chart,above read arrow Bullish candlestick has engulfed three last close candlesticks above middle band,which is for me  sign that Bulls will push the price higher.
My target is about 1:5 of my R:R.

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NZDCHF

BenAqiba Updated 18 Mar  in #Trading #Forex #Currency
NZDCHF
I like to trade setups formed around support/resistance zone or level or even line.
Because even weak setup are much stronger below resistance zone.
From the chart above you can see how the market is react on resistance zone and it is formed two strong setups.
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BenAqiba 18 Mar

First setup is formed below first red arrow and it is strong Bearish engulfing pattern,Second setup is not that strong but it is formed below valid resistance line which can negate all weakness of candlestick.

We have third setup on the same chart,and it is the setup when the candlestick is break support line,and retested her.

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BenAqiba 24 Mar

As I said,the line ,the angle is shallow,and in that case the line in most cases is not trustable.
In this case,when the price is back and violet  broken line,I move that line from my chart .

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