Open trading account Community Blog
EURUSD 15m trading chart
Just found a too good to be real situation on EURUSD:
1D, 4H and 1H show a clear bearish condition, and after the triple support on 1.1242, and posterior perforation, the 1.1235 Resistance and the Triangle breaking shown on the 15m chart offer a really good position to enter shorting the pair. EMA 24 and EMA 100 show a clear bearish condition on the short term, and the bearish channel that started on Monday is still very strong, so the situation is ideal for a few hours to a couple of days trade…
1D, 4H and 1H show a clear bearish condition, and after the triple support on 1.1242, and posterior perforation, the 1.1235 Resistance and the Triangle breaking shown on the 15m chart offer a really good position to enter shorting the pair. EMA 24 and EMA 100 show a clear bearish condition on the short term, and the bearish channel that started on Monday is still very strong, so the situation is ideal for a few hours to a couple of days trade…
Kiss
How complicated to trading ? Just kiss; keep it simple stupid
EUR/USD Intraday: the downside prevails. USD/JPY Intraday: the bias remains bullish.
Long positions above 112.45 with targets at 112.85 & 113.05 in extension.
Pivot: 112.45
Our preference: long positions above 112.45 with targets at 112.85 & 113.05 in extension.
Alternative scenario: below 112.45 look for further downside with 112.10 & 111.90 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
113.30 **
113.05 ***
112.85 ***
112.65 Last
112.45 ***
112.10 ***
111.90 ***
Copyright…
Regime Switching Model
Regime changed from trend following to range trading. Right now with low volatility we sell near resistance and we buy near support. When the volatility increase at support/resistance will respectively sell near support /buy near resistance, changing trading strategy in volatility breakout
2 of sep : the motivation for the contest
hello duka traders
in the first days i lost 30% of my equity in the contest
i advise myself to stop trading todaya nd try to motivate myself to have the best opportunity in the next weeks
wish for all the good luck in the contest and ni thing is impossible and please keep fighting in market ,,
greeting from cairo
in the first days i lost 30% of my equity in the contest
i advise myself to stop trading todaya nd try to motivate myself to have the best opportunity in the next weeks
wish for all the good luck in the contest and ni thing is impossible and please keep fighting in market ,,
greeting from cairo
DAY 2 - Trading Tips
"The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless"
Trading Tips
1) Back test and find your edge
2) Experiment and master different strategies and apply those to different time frames, so that your strategies produce enough setup each day in order to avoid taking trades out of boredom or frustration.
3) Make sure your average winners are at least 2R
4) Make sure your average losers are less than 1R
5) Don't widen your stop loss,…
Trading Tips
1) Back test and find your edge
2) Experiment and master different strategies and apply those to different time frames, so that your strategies produce enough setup each day in order to avoid taking trades out of boredom or frustration.
3) Make sure your average winners are at least 2R
4) Make sure your average losers are less than 1R
5) Don't widen your stop loss,…
PSYCHOLOGY OF TRADING
THE PSYCHOLOGY OF TRADING IS VERY MUST IMPORTANT FOR THE BEGINEERS IN THE FIELD OF TRADING,FIRST OF ALL
WE MOST LEARN ABOUT THE FOUR MAJOR TIPS TO MAKE MONEY ON TRADING!
LACK OF AWARENESS
PATIENCE ON TRADING
LACK OF COMMITMENT
PLANNING ON EXECUTION OF TRADING
WE MOST LEARN ABOUT THE FOUR MAJOR TIPS TO MAKE MONEY ON TRADING!
LACK OF AWARENESS
PATIENCE ON TRADING
LACK OF COMMITMENT
PLANNING ON EXECUTION OF TRADING
COMING DAYS WE WILL BREIFLY DISCUSS ABOUT THE FOUR TOPICS ON TRADING......
Which times frame and tool is the best,,
Im trading Forex from past few year,, but still im not feeling comfortable about the time frame and specific tool for day trading,,
Initially i incurred loss(all my investment) when i was trading in 1H chart
Now im using 15M & 5M chart, And my trading style is scalping, my winning ratio seems progressing,, but the problem in this chart is whipsaw, when the market is taking a sharp turn,, im will have to wait for weeks to months to close the position, since in have enough balance and my lot siz…
Initially i incurred loss(all my investment) when i was trading in 1H chart
Now im using 15M & 5M chart, And my trading style is scalping, my winning ratio seems progressing,, but the problem in this chart is whipsaw, when the market is taking a sharp turn,, im will have to wait for weeks to months to close the position, since in have enough balance and my lot siz…
Forex trading tips
Here are some trading tips that i believe can make you a better trader:
Be patient, and don’texpect to be rich quick. Only forex trading experience can make you rich.
Do your own fundamental andtechnical analysis before starting a new forex trade
If you lose 3 trades in arow go away from your trading station
Be independent and not afollower
Most of the new forextraders fail
Focus only on one pair
Stick to your tradingmethod and try to improve it
No forex tradingmethod, system or style will be …
Be patient, and don’texpect to be rich quick. Only forex trading experience can make you rich.
Do your own fundamental andtechnical analysis before starting a new forex trade
If you lose 3 trades in arow go away from your trading station
Be independent and not afollower
Most of the new forextraders fail
Focus only on one pair
Stick to your tradingmethod and try to improve it
No forex tradingmethod, system or style will be …