Learn forex Trading📊

UNDERSTAND THE CANDLESTICKS STRENGTH

Big green candle = Strong buying, market’s pushing up hard (very bullish).

Small green candle = Buyers are still in control, but not as strong (less bullish).

Neutral candle = Small body, meaning neither buyers nor sellers are in charge (indecision).

Small red candle = Sellers are starting to push down, but not with full force (less bearish).

Big red candle = Strong selling, market’s dropping fast (very bearish).

These candles tell you who’s running the show—bulls or bears! Keep an eye on them to catch the market’s next move.

Day Trading: Mastering the Art of Quick tradingProfits

Day trading in the trade market involves buying and selling currencies within the same day to capitalize on short-term price movements. This strategy is perfect for those who thrive on quick decision-making and market analysis.

Why Day Trading Works:

High Volatility: trade markets can experience significant price swings, offering multiple trading opportunities.
Quick Profits: Potential to make substantial gains within a short timeframe.
Active Engagement: Keeps traders actively involved in the market.
How to Day Trade:

Pro Tip: Start with a small investment to gain experience and gradually increase your exposure. Happy trading! 🚀

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#TradingTip of The Day

In trading there are:

1. Price action strategies.
2. Risk management strategies.
3. Trading psychology strategies.

You need all three to be profitable.

Trading Tip of The Day

The Most Powerful Moving Averages You Can Have On Your Daily Charts:

👉 10-day Ema Short-term Trend Line.

👉 20-day Ema Reversion To The Mean.

👉 50-day Sma Support In Uptrends.

👉 200-day Sma Long-term Trend Line.

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Rules based techniques

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Head and shoulders:

The head and shoulders is a bearish reversal pattern with a baseline (neckline) and three peaks. The two lateral peaks should roughly be at the same price level, while the middle peak should be higher than the other two. The pattern is confirmed once the price breaches the neckline support.

Inverse head and shoulders:

As the name suggests, this is the opposite of the head and shoulders – and as such, it indicates a bullish reversal. An inverse head and shoulders is formed when the price falls to a lower low in a downtrend, then bounces and finds support at roughly the same level as the first low. The pattern is confirmed once the price breaches the neckline resistance and continues higher.

Two Bearish #Engulfing Patterns occurring at the end of uptrends.

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Develop a game plan for ultimate trading success

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