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Whether you are just starting out or have been trading for some time, you have surely realized that day trading is not simple. You risk your hard-earned money while taking on new challenges every day. Nevertheless, each obstacle you overcome moves you a step closer to your ultimate goal. Small...

The market maker forms a trap on the chart by falsely breaking through resistance and attempting to break the support level. The price may continue to move in either direction after the liquidity is recorded. The currency pair will rise towards the resistance and keep increasing toward 0.69500...

In this educational article, I will teach you how to properly plan your trading week. Sunday. The best time to prepare the charts for next week is now when the markets are closed. First of all, After the previous trading week, charts should be cleaned because many setups and patterns become...

EURAUD - Classic bearish setup - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell EURAUD Entry Point - 1.63469 Stop Loss - 1.64113 Take Profit - 1.62510 Our Risk - 1% Please provide feedback below, and our team will review them.

Losing trades happen. They contribute to the voyage. There is no such thing as a consistently successful trader or investor. All of the well-known investors and traders you are familiar with have incurred significant LOSSES throughout their careers. It is completely typical. Did you know that in...

Hello traders, let's review the 8 hour chart for USDCAD today. Currently trading in well defined range, since October 2022. Right now closing in on range lows, so naturally, the risk/reward is shifting in bulls favor towards premium prices. Active trading range is pretty wide, almost 500 pips...

Based on the analysis of economists, it is expected that the EUR/USD currency pair will reach the 1.10 level before the release of the US Nonfarm Payrolls data. However, some experts suggest that there may be a pause before this anticipated jump, and the pair may find some support around...

With all these incorrect maps floating around, I decided it was time to create a long-term chart. I believe that the logarithmic chart's right fit is a square root function, which indicates that the development is slowing over very long timescales. BTC can't just keep expanding rapidly. In...

My mentor, and I have a totally different bias on AU. I heard him out, and watched as he charted both sides. His main confluence was a bearish engulfing candlestick on the monthly chart. Pushing him toward "sells" only in the month of April. While that can be intimidating, on the technical side...

Forex trading can be a highly stressful and emotional activity, with traders constantly facing the pressure of making quick decisions based on market volatility. The ability to manage emotions and make rational decisions is crucial for success in this field. In this case study, we will explore...

Forex trading is an exciting and complex activity that involves the buying and selling of currencies in order to make a profit. Technical analysis is an essential tool for successful forex traders, as it allows them to use past price movements and trends to make informed decisions about future...

Fundamental analysis is one of the primary methods used in forex trading to evaluate a currency's intrinsic value by examining economic, financial, and other qualitative and quantitative factors. This case study aims to analyze the impact of fundamental analysis on forex trading strategies...

In the world of foreign exchange trading, there are endless opportunities to make a profit. However, success in this industry requires more than just luck - it requires knowledge, skill, and a deep understanding of the market. Today, I want to share with you a case study that highlights the...

According to the confirmation that will take place, this trade suggestion for the GBPUSD Day Trade Trade is to Buy in the Order Block Area TF5M Near Sell Side Liquidity (SSLQ) of the Asian session with a range of 1.22674 to 1.22614. -This exchange is for news on Event UK Retail Sales. -Risk...

We finally have a structure to short from but the safest option will be to wait for after BoE. I haven't sill entered any position yet. I am waiting for BoE as I know there is plenty of pips to grab if this bearish flag plays out. See previous wave analysis below. If you enjoy my analysis or...

Forex trading is a type of investment that involves the buying and selling of currencies on the foreign exchange market. While there is potential for high profits in forex trading, there are also significant risks involved that traders need to be aware of. One of the main risks of forex trading...

Leverage in forex trading refers to the ability to control a large amount of currency with a small amount of investment capital. Essentially, it means that traders can borrow funds from their broker to open larger positions than their capital would allow. For example, if a trader has $1,000 in...

Forex charts are an essential tool for traders to make informed decisions and execute profitable trades. Reading forex charts might seem overwhelming to novice traders, but it becomes easier with practice and familiarity with the various charting tools and techniques. Forex charts represent...

In forex trading, currencies are traded in pairs. The major currency pairs are the most commonly traded pairs in the forex market, and they represent the world's largest economies. The major currency pairs consist of seven pairs: EUR/USD (Euro/U.S. Dollar) The EUR/USD pair is the most traded...

Hi guys, this is my overview for EURUSD , feel free to check it and write your feedback in comments Recently price bounced from $1.0660 level to $1.0800 and started trades inside of wedge . Inside of wedge Euro declined to $1.0530 level, left wedge , and started moving up in rising channel ...