Trading School - forex trading training app

Trading School ~ forex trading training app

Trading School

Introduction to Forex

The purpose of this overview is to introduce the forex market to you. As with many markets there are many derivative of the central market such as futures, options and forwards. In these tutorials we will be discussing the main market sometimes referred to as the Spot or Cash market.

The word "FOREX" is derived from the words Foreign Exchange and is the largest financial market in the world. Unlike many markets the FX market is open 24 hours per day and has an estimated $3.2 Trillion in turnover every day.

This tremendous turnover is more than the combined turnover of the main worlds stock markets on any given day. This tends to lead to a very liquid market and thus a desirable market to trade.

Unlike many other securities (any financial instrument that can be traded) the FX market does not have a fixed exchange. It is primarily traded through banks, brokers, dealers, financial institutions and private individuals.

Trades are executed through phone and increasingly through the Internet.

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De Marker - forex trading demo account pakistan

De Marker ~ forex trading demo account pakistan

De Marker

Demark is based on the comparison of the period maximum with the previous period maximum If the current period (bar) maximum is higher, the respective difference between the two will be registered.
This indicator used to identifying the riskiness of the levels in which they the transaction takes place.
The indicator fluctuates from 0 up to 1that when the indicator falls below a mark 0.3 the turn of the prices upwards is expected & when the parameter of the indicator rises above a mark 0.7 the turn of the prices downwards is expected.

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Mastercharts EURUSD Monthly and weekly charts - forex fundamental news trading

Mastercharts EURUSD Monthly and weekly charts ~ forex fundamental news trading

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Cable still respecting the the concrete zone - forex news gun trading

Cable still respecting the the concrete zone ~ forex news gun trading

Cable is still respecting the concrete zone and the pressure is to the downside. For any move to the upside to be valid, the pin on H4 will have to be neutralised by another H4 candle above the pin.
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My view on some majors - forex news trading method

My view on some majors ~ forex news trading method

Most of the majors are at cross road at the moment. In continuation of my desire to share my views here I present my views of some of the majors today.

GBPUSD

My current view on the GBPUSD is still valid until the daily candle closes outside the box. Once that happens, the next range is clearly indicated on the chart.

USDJPY

For the USDJPY 82.00 is the crucial point at the moment. Reaction of price at this point will determine our direction. If this point hold and price successfully break 83.16, then a test of 85.00 area is possible. If 82.00 fails, then a freefall is a big possibility. Weekly is currently at an indecision mode as depicted by the current star.

GBPJPY

For the USDJPY 82.00 is the crucial point at the moment. Reaction of price at this point will determine our direction. If this point hold and price successfully break 83.16, then a test of 85.00 area is possible. If 82.00 fails, then a freefall is a big possibility. Weekly is currently at an indecision mode as depicted by the current star.

USDCAD

USDCAD is current oscillating between 1.01120 and 1.03200 areas. A touch of 0.99600 is possible to create a double botton on the daily chart.

AUDUSD

For AUDUSD my earlier analysis is still valid. Where the daily candle closes today is very crucial. A close above 0.98400 is an indication that parity is still a possibility. The most important determinant of direction of the currency now is the weekly candle and close below 0.98400 is a confirmation of a drop to at least to next support at 0.93800

EURUSD

1.38200 is a crucial point EURUSD, weekly close below or above will determine whether the bullish move will continue or the bear will take over.


In summary, the most profitable option technically for long term trade for EURUSD and AUDUSD is short, while the best option for USDCAD, USDJPY is long. For GBPJPY and GBPUSD, 127.00 and 1.60000 respectively are crucial points in determining, the next level for both pairs.

For the the short term trades, if the daily and the weekly is bearish, then you continue to go short using H4 for direction and M15 for entry.

On the other hand, where the daily and the weekly is bullish, then you continue to go long using H4 for direction and M15 for entry.

I attach the relevant charts for these above analyses.
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TRADING STRATEGY THAT ALWAYS WINS THE FOREX MARKET HOW THIS STRATEGY WORKS - forex market news update

TRADING STRATEGY THAT ALWAYS WINS THE FOREX MARKET HOW THIS STRATEGY WORKS ~ forex market news update

HOW THIS STRATEGY WORKS

Open 1 hour chart, 4 hour chart, and daily chart, and set up this moving average of 200sma in black, 90sma in red, 20sma in turtle, 40sma blue, while 50-80sma in green.

1. buy signal – wait for the 20sma, 40sma, 50-80sma and the 90sma to squeeze together for a break out, and this break out will be confirm by all of them crossing the 200sma upward .

2.sell signal - wait for the 20sma, 40sma, 50-80sma and the 90sma to squeeze together for a break out, and this break out will be confirm by all of them crossing the 200sma downward.

Believe you me, this is not a make believe or hear say, it is a proven and trusted strategy that have worked over and over again, but the question is do you have the patience to make it work.

Below is an example of this strategy, and you could see vividly that when all the 20- 90sma’s came together for a squeeze what follows next was the breakout that leads to their crossing the 200sma.

I keep asking people what other trading strategy could be simpler than this.

Mind you, it is pertinent I draw your attention to this information, the strategy works I must confess, it works in all the time frames .however, it depends on how you apply it as I have earlier explained.

NOTE: This chart below was a recent trade on AUD/JPY pair, and EUR/AUD pair. And you can see the downtrend just starting, that is why the popular saying that the trend is your friend, go with the trend and you will not be chasing the pip. Try this strategy today you will be glad you did.

Happy trading,

Godsordfx.

file:///C:/Documents%20and%20Settings/Administrator/Desktop/TRADING%20STRATEGY%201.pdf

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SigmaForex Strategy - apple forex trading

SigmaForex Strategy ~ apple forex trading

Strategy

Strategy - a careful plan or method consisting of precisely determined efforts toward a goal.