![]() | The need for a trading strategy in Forex markethttps://preview.redd.it/r6u8stdmeaw51.jpg?width=1320&format=pjpg&auto=webp&s=1b0292502d6e68f5c220af5a5851aeb8061b395bAlmost all trading manuals talk about the need to have your own trading strategy. First of all, the process of creating your trading scheme allows you to perfectly understand trading and exclude from it any eventuality that hides additional risk. Profitable forex strategy: it is a type of instruction for the trader, which helps to follow a clearly verified algorithm and safeguard his deposit from emotional errors and consequences of the unpredictability of the Forex currency market.Thanks to her, you will always know the answer to the question: how to act in certain market conditions. You have the conditions of opening a transaction, the conditions of its closing, likewise, you do not guess if it is time or not. You do what the trading strategy tells you. This does not mean that it cannot be changed. A healthy trading scheme in the forex market must be constantly adjusted, it must comply with the realities of current market trends, but there must be no unfounded arguments in it. >>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE Profitable Forex Strategy RedditTypes of trading strategiesThe forms of a trading strategy can combine a variety of methods. However, several of the most commonly used options can be highlighted.
Three most profitable Forex strategiesImportant! These strategies are the basis for building your own trading system. Indicator settings and recommended pending order levels are for consultation only. If you do not get a satisfactory outcome in the test result or in a live account, that does not mean that the problem is the strategy. It is enough to choose individual parameters of indicators under a separate asset and under the current market situation.1. “Bali” scalping strategyThis strategy is one of the most popular, at least its description can be found on many websites. However, the recommendations will be different. According to the author's idea, "Bali" refers to scalping tactics, as it facilitates a fairly short stop loss (SL) and take profit (TP). However, the recommended time frame is high, because the signals appear not very often. The authors recommend using the H1 interval and the EUR / USD currency pair.Indicators used:
The weighted linear moving average here acts as an additional filter. Due to the fact that LWMA gives more weight to the values of the last periods, the indicator in the long periods practically excludes delays. In some cases, LWMA can give a signal beforehand, but in this strategy only the moving position relative to price is important. Bearish LWMA is a buy signal, sell bullish.
The indicator is also based on the moving average, but the formula is slightly different for the calculation. Its marking is more precise (the impact of price noise has been eliminated). It allows you to identify the twists of the trend compared to the usual mobile with a slight anticipation. Trend Envelopes has an interesting property: the color of the line and its new location changes when the price penetrates its old trend line, a kind of signal.
The indicator is placed in a separate window below the chart. This is an oscillator whose task is to determine the pivot points of the trend. And it does so much faster than standard oscillators. It has two lines: the signal is dotted, the additional line is solid, but the receiver has 2 kinds of colors (orange and green).
Also Read: Make Money With Trading Conditions to open a long position:
https://preview.redd.it/t48d55s8faw51.jpg?width=1000&format=pjpg&auto=webp&s=1e93863745e74dec536178539817225767cbeb1c The arrow indicates a signal candle where a Trend Envelopes color change occurred. Note (purple ovals) that the blue line is below the orange line and goes upwards (in other cases the signal should be ignored). In the signal candle, the green DSS of momentum line is above the dotted line. Conditions to open a short position:
Some examples where a transaction cannot be opened:
The signals are relatively rare, a signal can be expected for several days. In half the cases, it is better to control the transaction and close in advance, without waiting for profit taking. We do not operate at the time of flat. Try this strategy directly in the browser and see the result. >>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE 2. “Va-Bank” candle strategyThis profitable Forex strategy is weekly and can be used on different currency pairs. It is based on the spring principle of price movement, what went up quickly, sooner or later must fall. To trade you will only need a schedule on any platform and W1 time frame (although the daily interval can be used).You should estimate the size of the candle bodies of different currency pairs ( AUDCAD , AUDJPY , AUDUSD , EURGBP , EURJPY , GBPUSD , CHFJPY , NZDCHF , EURAUD , AUDCHF , CADCHF , EURUSD , EURCAD , GBPCHF ) and choose the largest distance from the opening to the close of the candle in the framework of the week. In this to open a transaction at the beginning of the following week.Conditions to open a long position:
https://preview.redd.it/vuihnqspfaw51.jpg?width=1000&format=pjpg&auto=webp&s=7641e9d7701911cc255c4f0c8a53e1660c35c9fe On this chart it is clearly seen that after each large bearish candle there is necessarily a bullish candle (although smaller). The only question is what period to take where it makes sense to compare the relative length of the candles. Here everything is individual for each currency pair. Note that a rising candle was observed followed by a few small bearish candles. But when it comes to minimizing risks, it is best not to open a long response position, as the relatively small decline from the previous week may continue. Conditions to open a short position:
https://preview.redd.it/tv4zmf5ufaw51.jpg?width=1000&format=pjpg&auto=webp&s=61cd1dcfc4aebfa6f80343b6c51f7a6e46358602 The red arrows point to the candles that had a large body around the previous bullish candles. Almost all signals turned out to be profitable, except for the transactions indicated by a blue arrow. The shortcomings of the strategy are rare signs, albeit with a high probability of profit. The best thing is that it can be used in several pairs at the same time. This strategy has an interesting modification based on similar logic. Investors with little capital opt for intraday strategies, as their money is insufficient to exert radical pressure on the market. Therefore, if there is a strong move on the weekly chart, this may indicate a cluster of large strong traders. In other words, if there are three weekly candles in one direction, it is most likely the fourth. Here you also have to take into account the psychological factor, 4 candles is equal to one month, and those who "push" the market in one direction, within a month will begin to set profits. Strategy principle:
https://preview.redd.it/iu7cwa7xfaw51.jpg?width=1000&format=pjpg&auto=webp&s=9195d24b72d2bda5394614380e9e5bc167f108a5 Of the 5 patterns, 4 were effective. Lack of strategy, the pattern can be expected 2-3 months. But when launching a multi-currency strategy this expectation is justified. Consider swaps! >>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE 3. Parabolic Profit Based on Moving AverageThis strategy is universal and is usually given as an example for novice traders. It uses classic EMA (Exponential Moving Average) indicators for MT4 and Parabolic SAR, which acts as a confirmatory indicator.The strategy is trend. Most sources suggest using it in "minutes", but price noise reduces its efficiency. It is better to use M15-M30 intervals. Currency pairs - Any, but you may need to adjust the indicator settings. Indicators used:
Conditions to open a long position:
https://preview.redd.it/4un92jlegaw51.jpg?width=1000&format=pjpg&auto=webp&s=406a700c00722349622d031e20d0858e4196d18b This screen shows that all three signals (two long and one short) were effective. It would be possible to enter the market on the candle by following the signal (in order to accurately verify the direction of the trend), but you would then miss the right time to enter. It is up to you to decide whether it is worth the risk. For one-hour intervals, these parameters hardly work, so be sure to check the performance of the indicators for each period of time in a minimum span of three years. And now that you know the theory, a few words about how to put these strategies into practice. Ready? Then let's get started! From the theory to the practiceStep 1. Open demo account It's free, requires no deposit, takes up to 15 minutes, and no verification required. On the main page of your broker there is for sures a button "Register", click and follow the instructions. An account can also be opened from other menus (for example, from the top menu, from the commercial conditions of the account, etc.).Step 2. Familiarize yourself with the functionality of the Personal Area. It won't take long. It is at the most user friendly and intuitive. You just need to understand the instruments of the platform and understand how the trades are opened. Step 3. Launch the trading platform. The Personal Area has the platform incorporated, but it is impossible to add templates. Hence, the "Bali" and "Parabolic Profit" strategies can only be executed on MT4. Characteristics of an effective Forex strategy RedditAnd finally, let's see what makes a profitable Forex strategy effective. What properties should it have? Perhaps three of the most important characteristics can be pointed out.
Conclusion. To successfully trade the Forex currency market, create your own trading strategy. Learn what's new, learn out-of-the-box trading schemes, and improve your individual action plan in the market. Only in this case, the trading results will satisfy you to the fullest. Success, dear readers! >>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE Join the community for more articles on trading and making money on the Forex and Stock market. ------------------------------------------------ ------------------------------------------------ Disclosure: This post contains affiliate links, if you click and make a purchase I may receive a commission - This has NO extra cost for you. |
![]() | Fundamental US dollar forecast for todayInvestors are staying aside ahead of Jerome Powell’s speech and the publications of the US important domestic dataPeople see what they want to see. The euro fans are so enthusiastic that they prefer to ignore the flaws of the single European currency. Is the US-China trade resumed? It is not a problem! In 2018-2019, the EUUSD pair was falling amid the trade conflict escalation. In 2020, however, it will be rising in this case because of the diversification of the PBOC FX reserves in favor of the euro. Are there talks about the expansion of European QE? It is not a problem! The ECB just can’t ease its monetary policy as much as the Fed. Is there the second pandemic wave in Europe? It doesn’t matter; the illness is asymptomatic; there won’t be another lockdown.Optimism grows stronger. However, people with accompanying pathologies most often die from COVID-19. If we transfer this metaphor to the global economic sense, the accompanying pathology of the export-led euro-area economy is a downturn of the international trade. The process started because of trade wars, and the pandemic intensified it. According to the CPB Netherlands Bureau for Economic Policy Analysis, flows of goods across borders were 12.5% lower in the second quarter than in the first quarter of the year. It is the worst drop since records started in 2000. In the three months through June, the US exports contracted by 24.8%, the euro-area exports were 19.2% down. However, the US exports account for 20% of the country’s GDP; in the Eurozone, they exceed 40%. The euro-area exporters will have a difficult time, taking into account the euro’s rapid growth. With this regard, the USA is in a better position, which allows the White House to repeat its mantra about the V-shaped economic recovery. People see what they want to see. Larry Kudlow, the chief economic advisor to Trump, ignores the problems of the US labor market and the drop in consumer confidence to the lowest level since 2014. He stresses the best new home sales over the past 14 years, industrial recovery, and the S&P500 record highs. Dynamics of US consumer confidenceSource: Bloomberg Dynamics of new home sales in USASource: Bloomberg Unlike the White House, the Federal Reserve is more cautious. Jerome Powell has many times stressed the slow GDP recovery, the necessity to take control over OCVID-19, and fresh fiscal stimulus. The Republicans and Democrats can’t reach an agreement for a new financial aid package, and the Fed has to take the responsibility. So, investors anticipate Powell’s speech in Jackson Hole to get something meaningful. According to MUFG Bank, Powell will focus on holding low interest rates, thereby weakening the greenback. Investors expect the Fed Chair to express the Fed’s willingness to “seek a moderate inflation overshoot” and reinforce its commitment to full employment. If so, there will be other evidence that the Fed is running out of monetary tools. If the number of Americans seeking unemployment benefits falls while durable goods orders rise, the EUUSD bears can go ahead and try to break out the support levels of 1.178 and 1.1755. Otherwise, weak data and the Fed’s willingness to weaken the dollar can resume the greenback’s downtrend. For more information follow the link to the website of the LiteForex https://www.liteforex.com/blog/analysts-opinions/eurusd-forecast-dollar-is-drifting/?uid=285861726&cid=79634 |
The premium for liquidity combined with rates plunging across major central banks did not bode well for anti-fiat gold prices.
A price war triggered by Saudi Arabia plunged oil prices in their largest drop since 1991.The risk of volatility remains high with all eyes on stimulus measures from governments and central banks.
Speculation for lower US interest rates may curb the recent pullback in the price of gold as the Federal Reserve is widely expected to deliver another rate cut in March.
US Dollar Forecast: Fed Boosts Liquidity, Expected to Slash Rates Again Next Week.The 'V-shaped' recovery in the US dollar continues despite the Fed announcing a massive USD1.5 trillion liquidity pump on Thursday to arrest a further breakdown in the financial system.
British Pound Forecast: GBP/USD Tumbles in Worst Week Since 2009.The British Pound fell the most since 2009 versus the US Dollar last week, prolonging downside breakouts in GBP/USD and GBP/JPY as EUGBP soared.
US Dollar Technical Analysis: Can USD Add to Explosive Rise?The US Dollar roared higher last week, posting its best performance since October 2008 at the heart of the global financial crisis.
![]() | submitted by ronykhanfx to TopAsiaFX [link] [comments] #EURUSD trades well below the key meeting-resistance because it needs around to 𝟏.𝟏𝟎𝟖𝟓 during Thursday morning in Asia. 200-HMA, 61.8% Fibonacci retracement and trend line that has fallen since the late Monday-end of the short-term upside of the EUR / USD pair. In case the price continues to decline below 𝟏.𝟏𝟎𝟔𝟓, the recent lows near 𝟏.𝟏𝟎𝟓𝟎 and monthly lows around 𝟏.𝟏𝟎𝟐𝟕 holds the gate for the EUR / USD pair that runs south to a round figure of 𝟏.𝟏𝟎𝟎𝟎. #ForexAnalysis #TechnicalAnalysis #ForexForecast #EUR #USD #FXPrediction #TopAsiaFX 𝑭𝒐𝒓𝒆𝒙 𝑫𝒂𝒊𝒍𝒚 𝑭𝒐𝒓𝒆𝒄𝒂𝒔𝒕 - 29-08-2019 |
![]() | EUR is enjoying the significant gain as dollar lose its effects on the market. New facts and figures can change the direction of EUUSD. This week major updates Mario Draghi and Inflation report maybe a foundation stone for EUUSD new journey. Let’s take a look on highlights of a technical and fundamental analysis of EUUSD. submitted by sannidhyammf to u/sannidhyammf [link] [comments] For full details go to the given link- https://www.mmfsolutions.sg/blog/forex-signals-weekly-forecast-eurusd-21-sept-28-sept-2018/ https://preview.redd.it/0fabc5m0lco11.jpg?width=800&format=pjpg&auto=webp&s=203de915bf228044b3cc349733247a604b973e75 |
![]() | Multi Management Future Solutions is the leading Forex Signals Provider Singapore with strong hand upon price volatiles, moving chart patterns, fundamental research, strong and knowledgeable forex trading experts who come up with highly profitable daily forex signals and intraday forex trading picks. Here we research the technical and fundamental forecast data of EURUSD. The EUUSD is jumped off 1.1600 after an early slide. The USD is recouping after Powell’s tentative words on Friday. The German IFO Business Climate beat desires with 103.8 focuses. submitted by sannidhyammf to u/sannidhyammf [link] [comments] For full details analysis click the given link and sign up for 2 days free trial- http://www.mmfsolutions.sg/news/daily-forex-signals-eurusd-daily-technical-fundamental-forecast/ https://preview.redd.it/9v439bco7ti11.jpg?width=1024&format=pjpg&auto=webp&s=2518b61a6931a1ca554825264ed115846c7e2057 |
![]() | EUUSD kept battling, dropping out of range as the US Dollar gets more Stronger. Presently Where EUUSD is heading? A Mix of various news is anticipating for next heading. Here is a forecast for the next and Technical Analysis for EUUSD. submitted by sannidhyammf to u/sannidhyammf [link] [comments] Euro-zone information was blended with an expansion into 2.1%, however, GDP baffled at just 0.3%. The US Dollar delighted in a few +ve factors. The Fed left rates unaltered however were forceful with the dialect on development and swelling. Likewise, the rising trade war tension with China has additionally pushed the greenback higher, thus have higher yields. The Non-Farm Payrolls report missed on the forecast with 157K yet was not surprisingly on compensation with 2.7% y/y and 0.3% m/m. It doesn’t Change the track of the Fed to raise rates. To see the full details go to the link given below and sign-up for two days free Forex signals. https://www.mmfsolutions.sg/blog/weekly-forecast-eurusd-13-aug-17-aug/ https://preview.redd.it/vm6sbdjv1tf11.jpg?width=800&format=pjpg&auto=webp&s=09ea504a4aa6c3fc37da1b839084d1baed705690 |
Forex EUR/USD forecast 10.11.2020 13 0. Analysis EUR/USD. The USD found itself among underdogs. EURUSD continues rising after Joe Biden’s election victory in the USA. The major currency… Forex Analysis 09.11.2020 18 0. Technical Analysis – EUR/USD surges near 1.1900 in consolidation area. EURUSD is rallying above the previous high of 1.1880, creating four straight bullish ... For Traders Forex Analysis Technical analysis 11.11.202010:00 Forex forecast 11/11/2020 on EUR/USD and NZD/USD from Sebastian Seliga Relevance up to 08:00 2020-11-12 UTC+00 Let's take a look at the NZD/USD pair and EUR/USD pair. The event calendar looks empty and the main eve... EUR/USD Forecast and Analysis October 19 — 23, 2020. A test of the support line on the relative strength index (RSI) will be in favor of raising the EUR/USD currency pair on Forex. The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the option of raising the quotes of the Euro/Dollar pair for ... Forex forecast 11/11/2020 on EUR/USD and NZD/USD from Sebastian Seliga. Technical analysis of NZD/USD after the interest rate decision and EUR/USD after the recent ZEW and sentiment data from the Eurozone. Author: Sebastian Seliga. 00:00 2020-11-11 UTC--8. 1813. Fractal analysis Relevance up to 23:00 2020-11-11 UTC--8 Fractal analysis for major pairs on November 11. According to the results ... EUR/USD Forecast and Analysis October 5 — 9, 2020. In favor of the fall of the EUR/USD currency pair on Forex, a test of the resistance line on the relative strength index (RSI) will come out. The second signal will be a breakdown of the lower border of the ascending channel. Cancellation of the option of falling quotations of the Euro/Dollar ... Economies.com provides the latest technical analysis and a forecast of the EUR/USD (Euro Dollar). EUR/USD Mid-Session Technical Analysis for November 10, 2020 The early price action suggests the direction of the EUR/USD on Tuesday is likely to be determined by trader reaction to the 50% level ... Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. Free Trading Guide . Get Your Free EUR Forecast Get My Guide ... EUR/USD Forecast and Analysis October 12 — 16, 2020. In favor of the fall of the EUR/USD currency pair on Forex, a test of the resistance line on the relative strength index (RSI) will come out. The second signal will be a breakdown of the lower border of the ascending channel. Cancellation of the option of falling quotations of the Euro ... EUR/USD Forecast: November 2020. EUR/USD Forecast: November 2020. Christopher Lewis on October 26, 2020 Latest News. AUD/USD Forex Signal: Bullish Consolidation Above 0.7248. 7 hours ago Adam Lemon Technical Analysis BTC/USD Forex Signal: Still Bullish ...
[index] [26416] [6789] [7570] [19882] [25851] [16163] [27547] [15824] [3020] [604]
Weekly Forex Forecast And Analysis - Pro Trader View on EUR/USD, EUR/JPY And Gold (XAU/USD) by 1% FX Academy 21:57 Weekly Forex Forecast And Analysis - Opportunity Rises on GBP/USD, USD/CAD And... FX H1 Today-Analysis-Forecast-LIVE Market updates and trading ideas. The market is always interesting, unexpected and risky. No one knows for sure what will ... FX H1 Today-Analysis-Forecast-LIVEMarket updates and trading ideas. The market is always interesting, unexpected and risky. No one knows for sure what will hap... #forex #EURUSD #forecast Our web site: https://dygyty.com Source: https://forexnews.pro/ EURUSD is moving downwards amid investors’ increased demand for “saf... EUR/USD, GBP/USD Analysis & Setups 25 - 27 Mar '20 - Duration: 6:06. Elite CurrenSea 546 views. 6:06 . Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, NZDUSD, XAUUSD (March 23 – 27, 2020 ... Weekly Forex Forecast And Analysis - BEST UPCOMING TRADES - EUR/USD, GBP/USD And Oil - Duration: 16:30. 1% FX Capital 602 views The Euro has gone back and forth during the trading session on Monday, as we are starting to see the Euro recognize gravity for the first time in a couple of weeks. For the full article: https ... EUR/USD forecast November 13, 2020. eur/usd technical analysisGive us a thumbs up if you liked our eur/usd forecast and leave us a comment down below with ... EUR USD today H1_Analysis_Forecast 30september We are talking about things in the future, not in the past, anything can happen. The market is always like tha... EUR/USD forecast November 5, 2020. eur/usd technical analysis. Track: Syn Cole - Time [NCS Release] Music provided by NoCopyrightSounds.