Wednesday, March 31, 2021

Learn Forex trading

 The earlier you start investing in the Forex markets the more money you could make. Of course you can also lose money. It is important that you learn the correct way to trade the Forex. Consider using a good service that will teach you how to trade correctly. There are many roads to learn to make money investing so make sure you choose the right road. Make sure you get what you pay for if your new try and use a service that can help you learn to make the right decisions. The Forexmentor Live! interactive training in trading Forex includes unlimited access to the live trading classroom, detailed tutorial videos used in trading client accounts, a step-by-step guide to the LPT Method, technical analysis, detailed presentations throughout the day, live Trade Alerts, access to Professional Fund Managers, access to live news feeds in real time and so much more.

Stay in the trade

 When the market is selling off it may be not wise to sell and go to cash. Look at the charts for support. If you pull out you could lose a trading opportunity. You could close the trade and go short. This could lock in your losses and maybe start a new winning trade.


Tuesday, March 30, 2021

Forex

 

ADVANCED FOREX PATTERNS (AFP) helps you to master 10 very powerful Forex patterns available to the Forex trader.

GBP/USD, chart

 

GBP/USD
18-Mar-12:00 -> 30-Mar-22:00
Target Level: 1.3846
 
SL:(A)1.3706Last TP of Triangle
RL:(B)1.3846Last TP of Triangle
Target Period: 2 days
 
Interval1 hour
PatternTriangle
Length154 Candles
Identified30-Mar-22:00
Triangle identified at 30-Mar-22:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3846 within the next 2 days.

EUR/GBP

 

EUR/GBP
16-Mar-07:00 -> 30-Mar-22:00
Target Level: 0.8505
 
SL:(A)0.8505Last TP of Falling Wedge
RL:(B)0.8556Last TP of Falling Wedge
Target Period: 3 days
 
Interval1 hour
PatternFalling Wedge
Length201 Candles
Identified30-Mar-21:00
Falling Wedge identified at 30-Mar-21:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.8505 within the next 3 days.
Supported by Downward sloping Moving Average