Forwarded from FOREX VIP
They Use Price Action
Price action trading with candlestick chart
Every successful Forex trader Iโve met uses price action in some way, shape or form.
This doesnโt mean theyโre using price action in the same way I use it, but they are using some form of price action as part of their trading strategy.
Whether a trader is using raw price action or simply using it to identify key levels in the market, price action plays a major role in any strategy.
Thatโs because it serves as a representation of the psychology within a market. It gives us some insight into the minds of other traders.
Having some idea of where buy and sell orders are located in the market is critical to becoming the best Forex trader you can be. It can strengthen any trading strategy by providing areas to watch for potential entries as well as profit targets.
Trading Forex without using some form of price action is like trying to drive a car with one eye closed. It can be done, but I wouldnโt recommend it.
Price action trading with candlestick chart
Every successful Forex trader Iโve met uses price action in some way, shape or form.
This doesnโt mean theyโre using price action in the same way I use it, but they are using some form of price action as part of their trading strategy.
Whether a trader is using raw price action or simply using it to identify key levels in the market, price action plays a major role in any strategy.
Thatโs because it serves as a representation of the psychology within a market. It gives us some insight into the minds of other traders.
Having some idea of where buy and sell orders are located in the market is critical to becoming the best Forex trader you can be. It can strengthen any trading strategy by providing areas to watch for potential entries as well as profit targets.
Trading Forex without using some form of price action is like trying to drive a car with one eye closed. It can be done, but I wouldnโt recommend it.
Forwarded from FXStreet Forex News
PBOC sets USD/CNY reference rate at 7.1786 vs. 7.1433 previous
The Peopleโs Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1786, as compared to Friday's fix of 7.1433 and 7.1813 Reuters...
Read More๐
The Peopleโs Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1786, as compared to Friday's fix of 7.1433 and 7.1813 Reuters...
Read More๐
Forwarded from ๐
GoldSignals.io ๐
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VIEW IN TELEGRAM
GOOD MORNING
I HOPE YOU'RE ENJOYING MY FREE SIGNALS.
DON'T MISS MY SERVICES COME AND ENJOY PROFITABLE SERVICES
INVESTMENT PLAN AND VIP PREMIUM SIGNALS SERVICES AVAILABLE.
Click on pin massage and contact Admin โ
I HOPE YOU'RE ENJOYING MY FREE SIGNALS.
DON'T MISS MY SERVICES COME AND ENJOY PROFITABLE SERVICES
INVESTMENT PLAN AND VIP PREMIUM SIGNALS SERVICES AVAILABLE.
Click on pin massage and contact Admin โ
Forwarded from ๐๐๐๐๐๐๐๐ ๐
๐ยฎ๐๐ ๐๐๐๐๐๐๐ ๐
Gold sell @ 2661.5 - 2664.5
sl 2668.5
tp 2660.5
tp 2658.5
tp 2651.5
sl 2668.5
tp 2660.5
tp 2658.5
tp 2651.5
Forwarded from ๐๐๐๐๐๐๐๐ ๐
๐ยฎ๐๐ ๐๐๐๐๐๐๐ ๐
Another Round INSTANT 22pipsโ
Letโs CLOSE our profit now and set breakeven if you wish to hold nowโผ๏ธ
What a great way to start our day๐ฅ๐ฅ๐ฅ
Letโs CLOSE our profit now and set breakeven if you wish to hold nowโผ๏ธ
What a great way to start our day๐ฅ๐ฅ๐ฅ
Forwarded from FOREX VIP
๐ฅ Forex Signals ๐ฅ
๐ Signal Published ::::::: 21/11/2024
โ Symbol ::::::: GOLD
๐SELL AREA โก๏ธ 2669
๐ Take Profit 1 : 2663
๐ Take Profit 2 : 2655
๐ Take Profit 3 : 2639
๐ Take Profit 4 : 2626
๐ Take Profit 5 : 2608
โ๏ธStop Loss โก๏ธ 2677 (80 PIPS)
๐Use Risk Management
๐Forex Signals ๐
๐ Signal Published ::::::: 21/11/2024
โ Symbol ::::::: GOLD
๐SELL AREA โก๏ธ 2669
๐ Take Profit 1 : 2663
๐ Take Profit 2 : 2655
๐ Take Profit 3 : 2639
๐ Take Profit 4 : 2626
๐ Take Profit 5 : 2608
โ๏ธStop Loss โก๏ธ 2677 (80 PIPS)
๐Use Risk Management
๐Forex Signals ๐
Forwarded from Bare Media Signals (FREE)๐ฅ
โ๏ธFor any signal use maximum 2% from your account , market will never hurt you
Forwarded from Bare Media Signals (FREE)๐ฅ
โ๏ธFor any signal use maximum 2% from your account , market will never hurt you
Forwarded from FXStreet Forex News
GBP/USD: Downward momentum is beginning to slow โ UOB Group
Further range trading appears likely; soft underlying tone suggests a lower range of...
Read More๐
Further range trading appears likely; soft underlying tone suggests a lower range of...
Read More๐
Forwarded from FXStreet Forex News
AUD/USD holds steady above 0.6500 on softer USD, ahead of US Jobless Claims, FedSpeak
The AUD/USD pair attracts some dip-buyers on Thursday and sticks to its modest intraday gains, around the 0.6520 area during the first half of the European...
Read More๐
The AUD/USD pair attracts some dip-buyers on Thursday and sticks to its modest intraday gains, around the 0.6520 area during the first half of the European...
Read More๐
Forwarded from FOREX VIP
Trading is a game of win and lose. Losing is part of the process, not an aberration. When we focus on retrieving losses, we actually lose focus on winning in the long run. Accept the losses and focus on the success process.โโ
You can't become a profitable trader before you've crashed several times in a row.โโ
You can't become a profitable trader before you've crashed several times in a row.โโ