Xyz-breakout-strategy-rules

This trading strategy is pure price action and therefore no indicators are required. For those who do need help, using a Fibonacci tool can be helpful. Recommended Broker >> Open Live Acct and get free Signal (Avatrade) XYZ Breakout Strategy Rules Long Set up: In an uptrend, “X” marks the start of an uptrend, which is usually strong The…

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A Guide to the 5 Major Cryptocurrencies

Bitcoin Bitcoin is currently the largest, most famous, and most valuable cryptocurrency. It was also the first, being launched by the still-anonymous “Satoshi Nakamoto” in 2009. Its market capitalization on 1st September 2017 was more than $77 billion, when there were an estimated 3 million individual owners of Bitcoins. It is accepted at more retail outlets than any other…

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20 things you need to be a successful trader

Forex has caused large losses to many inexperienced and undisciplined traders over the years. You need not be one of the losers. Here are twenty forex trading tips that you can use to avoid disasters and maximize your potential in the currency exchange market. 1. Know yourself. Define your risk tolerance carefully. Understand your needs. To profit in trading,…

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5 Forex Beginner Tips

The 5 forex trading tips listed below are mentioned throughout this articles. That’s because even though they can’t guarantee success ? nothing ever can, otherwise everybody would be successful ? they can save you a lot of money. Experience shows that many beginning forex traders bleed money mainly because they fail to follow the next five principles: Forex Beginner…

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GBP/JPY Weekly Forecasts

  The British pound has broken down significantly during the course of the week, slicing through the ¥145 level. However, we turned around to form a massive hammer. If we can break above the top of the hammer, I think the market probably goes towards the ¥150 level again. The overall attitude of the market has been negative over…

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GBP/USD Weekly Forecasts

  The British pound also acted very much like the Euro, and I think the 1.33 level may be an area where we see buyers come into the marketplace and try to pick up value. I think a bounce over the next week is to be expected. However, if we break down below the hammer for the week, it’s…

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