My Favorite Forex Day Trading Strategy (it's taking place ...

http://twitter.com/forex_in_world/status/1270103673537015811USD/CHF: Swiss Franc trading a tad lower in the Asian session https://t.co/AEehAfDXJM— FOREX IN WORLD (@forex_in_world) June 8, 2020

http://twitter.com/forex_in_world/status/1270103673537015811USD/CHF: Swiss Franc trading a tad lower in the Asian session https://t.co/AEehAfDXJM— FOREX IN WORLD (@forex_in_world) June 8, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1270103483383984128Silver: White metal trading higher in the Asian session https://t.co/RgTw7JdQEK— FOREX IN WORLD (@forex_in_world) June 8, 2020

http://twitter.com/forex_in_world/status/1270103483383984128Silver: White metal trading higher in the Asian session https://t.co/RgTw7JdQEK— FOREX IN WORLD (@forex_in_world) June 8, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1267823466406793217Silver: White metal trading lower in the Asian session https://t.co/9nwDpaENE1— FOREX IN WORLD (@forex_in_world) June 2, 2020

http://twitter.com/forex_in_world/status/1267823466406793217Silver: White metal trading lower in the Asian session https://t.co/9nwDpaENE1— FOREX IN WORLD (@forex_in_world) June 2, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1266389303741071362USD/CHF: Swiss Franc trading higher in the Asian session https://t.co/w1i44pu86P— FOREX IN WORLD (@forex_in_world) May 29, 2020

http://twitter.com/forex_in_world/status/1266389303741071362USD/CHF: Swiss Franc trading higher in the Asian session https://t.co/w1i44pu86P— FOREX IN WORLD (@forex_in_world) May 29, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1265571889415626752Silver: White metal trading higher in the Asian session https://t.co/HFFuzPFngA— FOREX IN WORLD (@forex_in_world) May 27, 2020

http://twitter.com/forex_in_world/status/1265571889415626752Silver: White metal trading higher in the Asian session https://t.co/HFFuzPFngA— FOREX IN WORLD (@forex_in_world) May 27, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1265572006596050951USD/CAD: Loonie trading a tad lower in the Asian session https://t.co/vWtz2a5fVO— FOREX IN WORLD (@forex_in_world) May 27, 2020

http://twitter.com/forex_in_world/status/1265572006596050951USD/CAD: Loonie trading a tad lower in the Asian session https://t.co/vWtz2a5fVO— FOREX IN WORLD (@forex_in_world) May 27, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1262718010457874433USD/CHF: Swiss Franc trading lower in the Asian session https://t.co/Xr6LtUThhI— FOREX IN WORLD (@forex_in_world) May 19, 2020

http://twitter.com/forex_in_world/status/1262718010457874433USD/CHF: Swiss Franc trading lower in the Asian session https://t.co/Xr6LtUThhI— FOREX IN WORLD (@forex_in_world) May 19, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1262718198073315328USD/JPY: Japanese Yen trading lower in the Asian session https://t.co/7liWVGAPMk— FOREX IN WORLD (@forex_in_world) May 19, 2020

http://twitter.com/forex_in_world/status/1262718198073315328USD/JPY: Japanese Yen trading lower in the Asian session https://t.co/7liWVGAPMk— FOREX IN WORLD (@forex_in_world) May 19, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1263717238097555458Gold: Yellow metal trading a tad higher in the Asian session https://t.co/dMIAVIGwwW— FOREX IN WORLD (@forex_in_world) May 22, 2020

http://twitter.com/forex_in_world/status/1263717238097555458Gold: Yellow metal trading a tad higher in the Asian session https://t.co/dMIAVIGwwW— FOREX IN WORLD (@forex_in_world) May 22, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1262295459021885440USD/CHF: Swiss Franc trading higher in the Asian session https://t.co/OKHhZHlIhW— FOREX IN WORLD (@forex_in_world) May 18, 2020

http://twitter.com/forex_in_world/status/1262295459021885440USD/CHF: Swiss Franc trading higher in the Asian session https://t.co/OKHhZHlIhW— FOREX IN WORLD (@forex_in_world) May 18, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1260515150894903296EUR/USD: Euro trading a tad higher in the Asian session https://t.co/wcBDqFBrqi— FOREX IN WORLD (@forex_in_world) May 13, 2020

http://twitter.com/forex_in_world/status/1260515150894903296EUUSD: Euro trading a tad higher in the Asian session https://t.co/wcBDqFBrqi— FOREX IN WORLD (@forex_in_world) May 13, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1255418942455271427EUR/USD: Euro trading higher in the Asian session https://t.co/2mpAxRm1ip— FOREX IN WORLD (@forex_in_world) April 29, 2020

http://twitter.com/forex_in_world/status/1255418942455271427EUUSD: Euro trading higher in the Asian session https://t.co/2mpAxRm1ip— FOREX IN WORLD (@forex_in_world) April 29, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1255132545768816640EUR/USD: Euro trading a tad lower in the Asian session https://t.co/qJND930wgA— FOREX IN WORLD (@forex_in_world) April 28, 2020

http://twitter.com/forex_in_world/status/1255132545768816640EUUSD: Euro trading a tad lower in the Asian session https://t.co/qJND930wgA— FOREX IN WORLD (@forex_in_world) April 28, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1254680634519203841USD/CHF: Swiss Franc trading a tad higher in the Asian session https://t.co/MPWJgUK91C— FOREX IN WORLD (@forex_in_world) April 27, 2020

http://twitter.com/forex_in_world/status/1254680634519203841USD/CHF: Swiss Franc trading a tad higher in the Asian session https://t.co/MPWJgUK91C— FOREX IN WORLD (@forex_in_world) April 27, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1255223111403913219EUR/USD: Euro trading a tad lower in the Asian session https://t.co/qJND93i7Fa— FOREX IN WORLD (@forex_in_world) April 28, 2020

http://twitter.com/forex_in_world/status/1255223111403913219EUUSD: Euro trading a tad lower in the Asian session https://t.co/qJND93i7Fa— FOREX IN WORLD (@forex_in_world) April 28, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1252475024264638466Silver: White metal trading lower in the Asian session https://t.co/9nwDpaWp2B pic.twitter.com/hbPJdd0WzW— FOREX IN WORLD (@forex_in_world) April 21, 2020

http://twitter.com/forex_in_world/status/1252475024264638466Silver: White metal trading lower in the Asian session https://t.co/9nwDpaWp2B pic.twitter.com/hbPJdd0WzW— FOREX IN WORLD (@forex_in_world) April 21, 2020 submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1252837203614371841USD/JPY: Japanese Yen trading a tad higher in the Asian session https://t.co/Z9WNKynAUP pic.twitter.com/zlt4kI57ty— FOREX IN WORLD (@forex_in_world) April 22, 2020

http://twitter.com/forex_in_world/status/1252837203614371841USD/JPY: Japanese Yen trading a tad higher in the Asian session https://t.co/Z9WNKynAUP pic.twitter.com/zlt4kI57ty— FOREX IN WORLD (@forex_in_world) April 22, 2020 submitted by Red-its to forextweet [link] [comments]

The comedy how I lost all my money in two hours

I'm trading for 11 months with pretty good success.
I never traded metals and forex before, just stocks. Today when gold started to consolidate at the last hour, I decided to scalp short it with a large amount, so I opened 100 lots. I haven't realised, in forex 100 (lots) doesn't mean "100 pcs", because I used to stocks and I went full retard without knowledge.
Seconds later, I realised it means 10 million dollars (1 lot = 100.000, and I had 500x leverage).
It moved up a bit and immediately I was down £4000. I scared as fuck and rather than closing the position quickly I hoped maybe I could close break even.
The market closed, and I waited for the Asian session. The gold popped like never before, and I lost all my life savings (£55000) in less than two hours. (including the 1-hour break between sessions).
If I count that I lost all my earnings as well, I lost around £85000.
Here is the margin call
https://imgur.com/a/XY5m4ZA
https://imgur.com/a/VSgmCSs
https://imgur.com/pRWl5g9
IC Markets closed my position partially in every 1-2 minutes until I shut it myself at £35.
You know the rest of the story. I'm depressed, crying and shouting with myself.
Yes, I know I was stupid, thanks. I just wanted to share this with you.



Edit: WOW THANK YOU, GUYS! I haven't expected this, but you help me.
Many of you asked the same questions, I answer it here:
- I live in Europe, and we usually trade CFD's, not futures.
- Currency in GBP.
- As you can see, this account made on IC Markets. They not just allowing you a 500x leverage, it's the default.
- You can ask me why I went against the market. Because gold is way oversold? Because I expected institutions would sell their shares before gold is hitting £2000, leaving retails hanging there. Also, as I said, I wanted to scalp, not riding the gold all the way down. If I had a loss of £100, I would close the position immediately. But when I saw the £4000, my heart is stopped, and my brain just freezes.
- I went for a revenge trade with my last £2k, and I don't have to say what happened. I uninstalled the app, and I give up trading for a while.
- Again, in the past months, I was cautious, I lost a significant sum in March, but I managed to recover. Made consistent gains, always with SL. This is just an example of how easy is to fuck up everything you did.
- I didn't come here for some shiny digital medals. I can't tell about my losses to anyone who I know in real life. I would make a fool of myself.
- Anyone who attacking me that it is a scam. Well, think what you want. I feel terrible and the last thing is to answer all the messages saying "You fucking karma whore". I don't give a shit about karma.

submitted by fail0verflowf9 to wallstreetbets [link] [comments]

Some trading wisdom, tools and information I picked up along the way that helped me be a better trader. Maybe it can help you too.

Its a bit lengthy and I tried to condense it as much as I can. So take everything at a high level as each subject is has a lot more depth but fundamentally if you distill it down its just taking simple things and applying your experience using them to add nuance and better deploy them.
There are exceptions to everything that you will learn with experience or have already learned. If you know something extra or something to add to it to implement it better or more accurately. Then great! However, my intention of this post is just a high level overview. Trading can be far too nuanced to go into in this post and would take forever to type up every exception (not to mention the traders individual personality). If you take the general information as a starting point, hopefully you will learn the edge cases long the way and learn how to use the more effectively if you end up using them. I apologize in advice for any errors or typos.
Introduction After reflecting on my fun (cough) trading journey that was more akin to rolling around on broken glass and wondering if brown glass will help me predict market direction better than green glass. Buying a $100 indicator at 2 am when I was acting a fool, looking at it and going at and going "This is a piece of lagging crap, I miss out on a large part of the fundamental move and never using it for even one trade". All while struggling with massive over trading and bad habits because I would get bored watching a single well placed trade on fold for the day. Also, I wanted to get rich quick.
On top all of that I had a terminal Stage 4 case of FOMO on every time the price would move up and then down then back up. Just think about all those extra pips I could have trading both directions as it moves across the chart! I can just sell right when it goes down, then buy right before it goes up again. Its so easy right? Well, turns out it was not as easy as I thought and I lost a fair chunk of change and hit my head against the wall a lot until it clicked. Which is how I came up with a mixed bag of things that I now call "Trade the Trade" which helped support how I wanted to trade so I can still trade intra day price action like a rabid money without throwing away all my bananas.
Why Make This Post? - Core Topic of Discussion I wish to share a concept I came up with that helped me become a reliable trader. Support the weakness of how I like to trade. Also, explaining what I do helps reinforce my understanding of the information I share as I have to put words to it and not just use internalized processes. I came up with a method that helped me get my head straight when trading intra day.
I call it "Trade the Trade" as I am making mini trades inside of a trade setup I make from analysis on a higher timeframe that would take multiple days to unfold or longer. I will share information, principles, techniques I used and learned from others I talked to on the internet (mixed bag of folks from armatures to professionals, and random internet people) that helped me form a trading style that worked for me. Even people who are not good at trading can say something that might make it click in your head so I would absorbed all the information I could get.I will share the details of how I approach the methodology and the tools in my trading belt that I picked up by filtering through many tools, indicators strategies and witchcraft. Hopefully you read something that ends up helping you be a better trader. I learned a lot from people who make community posts so I wanted to give back now that I got my ducks in a row.
General Trading Advice If your struggling finding your own trading style, fixing weakness's in it, getting started, being reliably profitable or have no framework to build yourself higher with, hopefully you can use the below advice to help provide some direction or clarity to moving forward to be a better trader.
  1. KEEP IT SIMPLE. Do not throw a million things on your chart from the get go or over analyzing what the market is doing while trying to learn the basics. Tons of stuff on your chart can actually slow your learning by distracting your focus on all your bells and whistles and not the price action.
  2. PRICE ACTION. Learn how to read price action. Not just the common formations, but larger groups of bars that form the market structure. Those formations carry more weight the higher the time frame they form on. If struggle to understand what is going on or what your looking at, move to a higher time frame.
  3. INDICATORS. If you do use them you should try to understand how every indicator you use calculates its values. Many indicators are lagging indicators, understanding how it calculates the values can help you learn how to identify the market structure before the indicator would trigger a signal . This will help you understand why the signal is a lagged signal. If you understand that you can easily learn to look at the price action right before the signal and learn to watch for that price action on top of it almost trigging a signal so you can get in at a better position and assume less downside risk. I recommend using no more than 1-2 indicators for simplicity, but your free to use as many as you think you think you need or works for your strategy/trading style.
  4. PSYCOLOGY. First, FOMO is real, don't feed the beast. When you trade you should always have an entry and exit. If you miss your entry do not chase it, wait for a new entry. At its core trading is gambling and your looking for an edge against the house (the other market participants). With that in mind, treat as such. Do not risk more than you can afford to lose. If you are afraid to lose it will negatively effect your trade decisions. Finally, be honest with your self and bad trading happens. No one is going to play trade cop and keep you in line, that's your job.
  5. TRADE DECISION MARKING: Before you enter any trade you should have an entry and exit area. As you learn price action you will get better entries and better exits. Use a larger zone and stop loss at the start while learning. Then you can tighten it up as you gain experience. If you do not have a area you wish to exit, or you are entering because "the markets looking like its gonna go up". Do not enter the trade. Have a reason for everything you do, if you cannot logically explain why then you probably should not be doing it.
  6. ROBOTS/ALGOS: Loved by some, hated by many who lost it all to one, and surrounded by scams on the internet. If you make your own, find a legit one that works and paid for it or lost it all on a crappy one, more power to ya. I do not use robots because I do not like having a robot in control of my money. There is too many edge cases for me to be ok with it.However, the best piece of advice about algos was that the guy had a algo/robot for each market condition (trending/ranging) and would make personalized versions of each for currency pairs as each one has its own personality and can make the same type of movement along side another currency pair but the price action can look way different or the move can be lagged or leading. So whenever he does his own analysis and he sees a trend, he turns the trend trading robot on. If the trend stops, and it starts to range he turns the range trading robot on. He uses robots to trade the market types that he is bad at trading. For example, I suck at trend trading because I just suck at sitting on my hands and letting my trade do its thing.

Trade the Trade - The Methodology

Base Principles These are the base principles I use behind "Trade the Trade". Its called that because you are technically trading inside your larger high time frame trade as it hopefully goes as you have analyzed with the trade setup. It allows you to scratch that intraday trading itch, while not being blind to the bigger market at play. It can help make sense of why the price respects, rejects or flat out ignores support/resistance/pivots.
  1. Trade Setup: Find a trade setup using high level time frames (daily, 4hr, or 1hr time frames). The trade setup will be used as a base for starting to figure out a bias for the markets direction for that day.
  2. Indicator Data: Check any indicators you use (I use Stochastic RSI and Relative Vigor Index) for any useful information on higher timeframes.
  3. Support Resistance: See if any support/resistance/pivot points are in currently being tested/resisted by the price. Also check for any that are within reach so they might become in play through out the day throughout the day (which can influence your bias at least until the price reaches it if it was already moving that direction from previous days/weeks price action).
  4. Currency Strength/Weakness: I use the TradeVision currency strength/weakness dashboard to see if the strength/weakness supports the narrative of my trade and as an early indicator when to keep a closer eye for signs of the price reversing.Without the tool, the same concept can be someone accomplished with fundamentals and checking for higher level trends and checking cross currency pairs for trends as well to indicate strength/weakness, ranging (and where it is in that range) or try to get some general bias from a higher level chart that may help you out. However, it wont help you intra day unless your monitoring the currency's index or a bunch of charts related to the currency.
  5. Watch For Trading Opportunities: Personally I make a mental short list and alerts on TradingView of currency pairs that are close to key levels and so I get a notification if it reaches there so I can check it out. I am not against trading both directions, I just try to trade my bias before the market tries to commit to a direction. Then if I get out of that trade I will scalp against the trend of the day and hold trades longer that are with it.Then when you see a opportunity assume the directional bias you made up earlier (unless the market solidly confirms with price action the direction while waiting for an entry) by trying to look for additional confirmation via indicators, price action on support/resistances etc on the low level time frame or higher level ones like hourly/4hr as the day goes on when the price reaches key areas or makes new market structures to get a good spot to enter a trade in the direction of your bias.Then enter your trade and use the market structures to determine how much of a stop you need. Once your in the trade just monitor it and watch the price action/indicators/tools you use to see if its at risk of going against you. If you really believe the market wont reach your TP and looks like its going to turn against you, then close the trade. Don't just hold on to it for principle and let it draw down on principle or the hope it does not hit your stop loss.
  6. Trade Duration Hold your trades as long or little as you want that fits your personality and trading style/trade analysis. Personally I do not hold trades past the end of the day (I do in some cases when a strong trend folds) and I do not hold trades over the weekends. My TP targets are always places I think it can reach within the day. Typically I try to be flat before I sleep and trade intra day price movements only. Just depends on the higher level outlook, I have to get in at really good prices for me to want to hold a trade and it has to be going strong. Then I will set a slightly aggressive stop on it before I leave. I do know several people that swing trade and hold trades for a long period of time. That is just not a trading style that works for me.
Enhance Your Success Rate Below is information I picked up over the years that helped me enhance my success rate with not only guessing intra day market bias (even if it has not broken into the trend for the day yet (aka pre London open when the end of Asia likes to act funny sometimes), but also with trading price action intra day.
People always say "When you enter a trade have an entry and exits. I am of the belief that most people do not have problem with the entry, its the exit. They either hold too long, or don't hold long enough. With the below tools, drawings, or instruments, hopefully you can increase your individual probability of a successful trade.
**P.S.*\* Your mileage will vary depending on your ability to correctly draw, implement and interpret the below items. They take time and practice to implement with a high degree of proficiency. If you have any questions about how to do that with anything listed, comment below and I will reply as I can. I don't want to answer the same question a million times in a pm.
Tools and Methods Used This is just a high level overview of what I use. Each one of the actions I could go way more in-depth on but I would be here for a week typing something up of I did that. So take the information as a base level understanding of how I use the method or tool. There is always nuance and edge cases that you learn from experience.
Conclusion
I use the above tools/indicators/resources/philosophy's to trade intra day price action that sometimes ends up as noise in the grand scheme of the markets movement.use that method until the price action for the day proves the bias assumption wrong. Also you can couple that with things like Stoch RSI + Relative Vigor Index to find divergences which can increase the probability of your targeted guesses.

Trade Example from Yesterday This is an example of a trade I took today and why I took it. I used the following core areas to make my trade decision.
It may seem like a lot of stuff to process on the fly while trying to figure out live price action but, for the fundamental bias for a pair should already baked in your mindset for any currency pair you trade. For the currency strength/weakness I stare at the dashboard 12-15 hours a day so I am always trying to keep a pulse on what's going or shifts so that's not really a factor when I want to enter as I would not look to enter if I felt the market was shifting against me. Then the higher timeframe analysis had already happened when I woke up, so it was a game of "Stare at the 5 min chart until the price does something interesting"
Trade Example: Today , I went long EUUSD long bias when I first looked at the chart after waking up around 9-10pm Eastern. Fortunately, the first large drop had already happened so I had a easy baseline price movement to work with. I then used tool for currency strength/weakness monitoring, Pivot Points, and bearish divergence detected using Stochastic RSI and Relative Vigor Index.
I first noticed Bearish Divergence on the 1hr time frame using the Stochastic RSI and got confirmation intra day on the 5 min time frame with the Relative Vigor Index. I ended up buying the second mini dip around midnight Eastern because it was already dancing along the pivot point that the price had been dancing along since the big drop below the pivot point and dipped below it and then shortly closed back above it. I put a stop loss below the first large dip. With a TP goal of the middle point pivot line
Then I waited for confirmation or invalidation of my trade. I ended up getting confirmation with Bearish Divergence from the second large dip so I tightened up my stop to below that smaller drip and waited for the London open. Not only was it not a lower low, I could see the divergence with the Relative Vigor Index.
It then ran into London and kept going with tons of momentum. Blew past my TP target so I let it run to see where the momentum stopped. Ended up TP'ing at the Pivot Point support/resistance above the middle pivot line.
Random Note: The Asian session has its own unique price action characteristics that happen regularly enough that you can easily trade them when they happen with high degrees of success. It takes time to learn them all and confidently trade them as its happening. If you trade Asia you should learn to recognize them as they can fake you out if you do not understand what's going on.

TL;DR At the end of the day there is no magic solution that just works. You have to find out what works for you and then what people say works for them. Test it out and see if it works for you or if you can adapt it to work for you. If it does not work or your just not interested then ignore it.
At the end of the day, you have to use your brain to make correct trading decisions. Blindly following indicators may work sometimes in certain market conditions, but trading with information you don't understand can burn you just as easily as help you. Its like playing with fire. So, get out there and grind it out. It will either click or it wont. Not everyone has the mindset or is capable of changing to be a successful trader. Trading is gambling, you do all this work to get a edge on the house. Trading without the edge or an edge you understand how to use will only leave your broker happy in the end.
submitted by marcusrider to Forex [link] [comments]

The comedy how I lost all my money in two hours

I'm trading for 11 months with pretty good success.
I never traded metals and forex before, just stocks.
Today when gold started to consolidate at the last hour I decided to scalp short it with a large amount, so i opened 100 lots. I haven't realised, in forex 100 (lots) doesn't mean "100 pcs", because I used to stocks and I went full retard without knowledge.
Seconds later I realized it means 10 million dollars (500x leverage).
It jumped up and immediately I was down 4000. I scared as fuck and rather than closing the position immediately I hoped maybe I can close break even.
The market closed and I waited for the asian session. The gold popped like never before and I lost all my life savings (£65000)
Here is the margin call
https://imgur.com/a/i2bpwZ6
You know the rest of the story. I'm depressed, crying and shouting with myself. Yes, I know I was stupid, thanks. I just wanted to share this with you.
submitted by fail0verflowf9 to Daytrading [link] [comments]

VIDEO - Forex Sessions and Best Time to Trade The Forex Market

VIDEO - Forex Sessions and Best Time to Trade The Forex Market
This Youtube video will explain when the main forex trading session is and how to trade during this trading session, which is the best time to trade the forex market. Also some trading can be done in the Asian trading session. Watch the video here on Youtube:
https://www.youtube.com/watch?v=HevJ4ryxxAQ&t=183s

https://preview.redd.it/dxniirbupi551.png?width=650&format=png&auto=webp&s=37a3dc6c436ea5988d8cbda075ded8e39e021bfe
submitted by forexalerts to u/forexalerts [link] [comments]

TODAY’S NZD STRENGTH AND LIVE FOREX TRADING SIGNALS

TODAY’S NZD STRENGTH AND LIVE FOREX TRADING SIGNALS
Today in the main session forex trading the NZD was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The NZD/JPY and NZD/USD moved higher, starting in the Asian session. Both pairs are inside of resistance levels and clusters on the H4 and D1 time frames, so we would exit any short term buys. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
https://www.forexearlywarning.com/the-forex-heatmap


https://preview.redd.it/kyi1e7i2oj651.jpg?width=532&format=pjpg&auto=webp&s=70de73a36973f8a33b42199c5a4e1c2f2c4409fb
https://preview.redd.it/89anzbi2oj651.jpg?width=416&format=pjpg&auto=webp&s=420a374026829d3dc72908f02e86aa7da9342b1a
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The Benefits of Trading the Asian Session by Wayne McDonell, LIVE FOREX TRADING: Asian session 1/12/20 ASIAN FOREX TRADING SESSION - Monday The Best Times to Trade the Forex Markets - YouTube LIVE FOREX TRADING: ASIAN SESSION 10-20-20 - YouTube FOREX TRADING SESSIONS & Knowing WHEN To Trade - YouTube ICT Forex - Implementing The Asian Range - YouTube 4 Effective Ways to Trade the Asian Session - YouTube TradingView: Best Forex Trading Session Indicator - YouTube Can You Trade Forex And Futures During The Asian Session ...

The 20 Pips Asian Session Breakout Forex Trading Strategy is a trading system designed to capture the breakout of the asian trading range during the london forex trading session. Let’s be honest, many forex traders don’t like trading the asian forex trading session…why? For one simple reason only: price does not travel too much at all which simply means less trade volume compared to the ... The Asian forex session starts off the trading week on a Monday morning at 09:00 and closes at 18:00 in Japanese Standard Time (JST). In London, traders will have to be up at 00:00 (GMT) in the ... During the Asian trading session at Forex, the central banks of the EU and the USA do not work, so this period is practically no different from the gap. It is recommended to pay attention to one simple pattern: 3-4 hours before the opening of the European trading session, the chart tends to the initial value, that is, to the price that was relevant at the close of trading in the US. This is ... Thus, when talking about the Asian trading session, we often refer to Japanese session (or Tokyo session), as Tokyo is the third largest trading center worldwide (accounting for 6.2% of the overall trading volume). In addition, about 20% of all transactions within a day occur during the Asian trading session, while the Japanese yen accounts for almost 23% of all transactions in the currency ... If you’re a regular London or New York session Forex trader, you probably find the Forex Asian session slow and a bit boring. Maybe because it is a bit slow and boring by comparison to the others, but that doesn’t mean there are no good strategies to make profit during the Asian session. This strategy comes from my archives. There was a time in my life that I was a moderator of an Asian ... The Asian Session Forex Trading Strategy is a profitable one and is able to give you consistent profits every day. It is recommended to stick to the rules and do not trade with your emotions. Discipline and consistency is needed to be a good trader, and come out profitable over all. It is also encourage that you will look at different rules if you think there is a better way to trade the Asian ... My favorite Asian session Forex day trading strategy usually takes place around the opening of the Tokyo session (7:00pm EST). I'll keep a look at AUD/JPY specifically since it is one of the volatile currency pairs during the Asian/Australian sessions. Prior to 7:00pm EST, the volatility in the Forex market is usually pretty low. As a matter of fact, only the traders in New York were in the ...

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The Benefits of Trading the Asian Session by Wayne McDonell,

The forex market is quite accessible and there are four different trading sessions that you can take advantage of: London, New York, Sydney & Tokyo. In today... Want to learn how to identify some of the best trading opportunities during the Asian session? Join internationally recognised market expert Kathy Lien as sh... Here’s the thing: It can be frustrating to know what’s the current Forex trading session. Is it the Asian, London, or New York session? Or perhaps you’re won... In this video, I will show a test that was done during the week of March 17th through March 23rd using a simulated trading account. The results were impressi... LIVE forex trading of the asian session to help you learn and understand the market as well as make some money doing so. Live forex commentary, technical analysis, and real-time trade planning at the open of the Asian foreign currency trading session. Forex Key Word List: forex trading strategies forex day trading ... FX Bootcamp's Wayne McDonell describes several reasons why the Asian FX session is one of his favorite times to trade. The Best Times to Trade the Forex Markets. Subscribe if you want to learn while being entertained. Please like the video and comment if you enjoyed - it ... Mentorship link in IG bio @Tradingwithpaul_ and on youtube channel home page we are all here to learn and progress as traders and make trading less boring. T... IM Academy, Tradehouse, I Markets Live… the list goes on with these frauds educators. Stop paying for these poor copycats of my free lessons on Forex Trading, f...

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