How about looking at the price levels rather than position duration? For example, setting the necessary target and key levels that, in the trader's opinion, will be achieved. Then the larger the timeframe, the longer it will probably take to reach ...

The brutal truth of day trading

If I understand it correctly, this can lead to a peak in prices, but this impulse will have the opposite effect when the stocks are full and there is an oversupply of goods on the domestic market, exports increase and the price falls again.

The Really Useful Grains/Soft Thread

Will the Euro/Dollar still move down to the level of 1.18400 or will it show its might and approach the key 1.2000? I believe that the probability of continued growth will remain with a confident impulse to 1.1950 and further to 1.2000, which will ...

EURUSD

Trading talks about the Euro Dollar finally returned to the EMA200 line and did not continue to fall. However, the pair is currently fluctuating between the 50% and 61.8% retracement levels (according to Fibonacci), and we can still hope for an ...

Pips, charts and trades

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Pips, charts and trades

Now 75% of traders have to leave the table and forget the password to the PC. This is really important when you love what you do, but unfortunately it is rare. I have been trading since 2009 and I understand what you are talking about. The only ...

How You Make Your Trading Profile Into Profitable One!

My belief is that if you are not ready to spend your time to trading, then you should not do it. Even if you find one of several ways to automate your work and ease your responsibilities, it won't be a solution. An important aspect is your ...

Asking for Chart Suggestions

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Pips, charts and trades

Breaking the uptrend means that we will not see a retest of 1.42500 anytime soon, and the current momentum is strong enough to reach 1.3670, the level that was in effect in late March and mid-April. An obstacle for such a decline is the current ...

Pips, charts and trades

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Pips, charts and trades

Europe news under the radar earlier this week. The euro dollar continues its downward momentum, which has currently covered 75% of the last hourly uptrend. The weekly and daily trendlines are shown and are ascending, with the EMA200 far behind on ...

Pips, charts and trades

EMA200 was tested and, as I said, it was followed by a fall impulse. Congratulations to those who started the short on time. Now the price has reached the weekly trend support level and the further direction will be determined by the influence of ...

EURUSD only

A drop below 1.2100 will be a key event and will allow looking for support at 1.2050. The current main trend is growing, but since May 25, it has started a correction to 23.6% for now. The EMA line will hinder the recovery of growth above 1.27400. ...

EURUSD only

A growing trend, but also preconditions for the beginning of a correction. I marked 2 areas of resistance and support, which formed the triangle shape consolidation. I am now open sell on euro and I believe that a strong impulse candlestick down can ...

Cable Update (GBPUSD)

This trade is now closed by take profit price (at 1.41540 as I set). as I said in this post , I was confident that the price would be attracted by the 1.41700 level. I just had to wait a bit. Thank you and for participating in the discussion. I'll ...

Cable Update (GBPUSD)

Thanks

Cable Update (GBPUSD)

The level of 1.21500 has been reached and this is a level of weak resistance, but I would pay attention to the fact that an uptrend is being formed at 4 hours and on daily, which is a more weighty argument. I see further growth to 1.21800. image

EURUSD only

Thanks, Im waiting for the impulse back to 1.41 area now

Cable Update (GBPUSD)

Hi, I dont trade on demo. Yes, this is the resistance level, but now I entered according to the trend, and I did not want to wait until the resistance was overcome and lose points of movement. At the same time, it is enough for me to see the ...

Cable Update (GBPUSD)