Global Easy Forex's Forum - 外汇论坛 - منتدى فوركس

General Category => Tutorial and Seminars (Basic&Advanced) => Topic started by: Newswire on August 14, 2018, 11:54:02 AM

Title: Price action and chart reading in Forex Part 2
Post by: Newswire on August 14, 2018, 11:54:02 AM
Price action and chart reading in Forex Part 2

In this series of forex webinar video we will continue to go through price action analysis in this webinar.

As it was mentioned in the previous webinar, the shorter your timeframe is, the more information you will have to filter. That’s why, most popular “price action candlestick patterns” don’t work as expected in intraday trading. But it can be used on higher timeframes starting from H4.

Having identified supposed current market condition, you will have to choose way to response (entry, exit, position management). On smaller timeframes it can be a certain event (breakout of a pre-determined level or area), on higher timeframes it has to be conventional candlestick or bar pattern, occuring near specific trade location.

We will see how similar trades can be executed in perspective of different timeframes, and how timeframes can be combined for the sake of more efficiency and profitability.



(Back to tutorial list (https://globaleasyforex.com/index.php?topic=165.0))
Title: Re: Price action and chart reading in Forex Part 2
Post by: Kikhist on August 31, 2018, 01:43:56 PM
Chart reading is a must for forex trading professional.
Title: Re: Price action and chart reading in Forex Part 2
Post by: Doomdook on November 30, 2018, 01:09:31 PM
Learn to Trade with Beginner guide to forex trading. Understanding foreign exchange market, trading currencies pairs, bid price, ask price, spreads, pips and Moving Averages.
Title: Re: Price action and chart reading in Forex Part 2
Post by: Dingsterel on December 06, 2018, 06:29:37 AM
Forex is nice
Title: Re: Price action and chart reading in Forex Part 2
Post by: Dinnil on May 03, 2019, 09:51:00 AM


How to Trade Forex
Now that you know some important factors to be familiar of amid opening a forex account, we will take a see at what exactly you can trade within that account. The two main ways to trade in the foreign currency push is the easy buying and selling of currency pairs, where you go long one currency and quick substitute. The second way is through the purchasing of derivatives that track the movements of a specific currency pair. Both of these techniques are deeply same to techniques in the equities insist.The most common mannerism is to comprehensibly attain and sell currency pairs, much in the linked mannerism most individuals get sticking to of and sell stocks. In this achievement, you are hoping the value of the pair itself changes in a flattering appearance. If you go long a currency pair, you are hoping that the value of the pair increases. For example, permit's name that you took a long incline in the USD/CAD pair - you will make part if the value of this pair goes happening, and lose share if it falls. This pair rises as soon as the U.S. dollar increases in value neighboring-door to the Canadian dollar, thus it is a bet coarsely the U.S. dollar.

The new substitute is to use derivative products, such as options and futures, to profit from changes in the value of currencies. If you obtain an option regarding speaking a currency pair, you are attainment the right to obtain a currency pair at a set rate in the in front a set improvement in epoch. A futures covenant, upon the calculation hand, creates the obligation to get mixture of the currency at a set mitigation in time. Both of these trading techniques are usually unaccompanied used by more very developed traders, but it is important to at least be au fait behind them.
Title: Re: Price action and chart reading in Forex Part 2
Post by: jonathan44 on May 03, 2019, 09:59:01 AM
The foreign row market is the most liquid financial abet in the world. Traders append governments and central banks, public statement banks, accumulation institutional investors and financial institutions, currency speculators, new personal ad corporations, and individuals. According to the 2010 Triennial Central Bank Survey, coordinated by the Bank for International Settlements, average daily turnover was $3.98 trillion in April 2010 (compared to $1.7 trillion in 1998). Of this $3.98 trillion, $1.5 trillion was spot transactions and $2.5 trillion was traded in outright forwards, swaps, and new derivatives.
Title: Re: Price action and chart reading in Forex Part 2
Post by: Eca on November 14, 2019, 01:03:01 PM
That's great theory
Title: Re: Price action and chart reading in Forex Part 2
Post by: Sourire on January 21, 2020, 03:29:21 AM
Thanks
Title: Re: Price action and chart reading in Forex Part 2
Post by: forte on March 27, 2020, 05:24:49 PM
I want to trade forex very much. This tutorial help me start forex trading and get profit.
Title: Re: Price action and chart reading in Forex Part 2
Post by: lakine on June 13, 2020, 02:26:06 AM
Keep an eye on "Powell" announcing monetary policy - US economic conditions to Congress next week.

Federal Reserve Bank President Jerome Powell (Fed) is scheduled to announce a half-year statement on monetary policy and economic conditions to the Congress next week.

Powell will make a statement to the Senate Banking Committee on June 16 and to the Financial Services Commission on the House of Representatives on June 17.

According to tradition The Fed president is scheduled to make a statement to Congress twice a year, the first time in February. And again in June or July

Investors keep an eye on Mr Powell's statement. To find signs of economic conditions, inflation, the direction of the US interest rate Including the effects of the outbreak of the Covid-19 virus Towards the US economy
Title: Re: Price action and chart reading in Forex Part 2
Post by: Polity on July 02, 2020, 04:31:27 AM
Pretty niⅽe post. I just stumbled upon your blog and ᴡished to say that I have really enjoyed Ƅrowsing your forex trading blog postѕ.
In any case I will be subscribing to your rss feed and I hope you write again very soon!
Title: Re: Price action and chart reading in Forex Part 2
Post by: hilke on July 05, 2020, 03:18:46 AM
This is very good.
Title: Re: Price action and chart reading in Forex Part 2
Post by: feeeeeelix on July 19, 2020, 07:57:55 AM
This is very interesting.
Title: Good for trading forex
Post by: Stanleysat on October 18, 2020, 05:11:42 AM
Good for trading forex
Title: Re: Price action and chart reading in Forex Part 2
Post by: Thanoler on November 23, 2020, 01:39:52 AM
Good way to make profit in forex trading.
Title: Re: Price action and chart reading in Forex Part 2
Post by: startcv on December 02, 2020, 07:56:00 AM
Thanks
Title: Re: Price action and chart reading in Forex Part 2
Post by: City on December 16, 2020, 04:05:50 PM
Really informative post.Really looking forward to read more. Cool.
Title: Re: Price action and chart reading in Forex Part 2
Post by: GamokRa on December 28, 2020, 01:54:23 AM
Thanks a lot for the post. Really looking forward to read more. Awesome.
Title: Re: Price action and chart reading in Forex Part 2
Post by: Willianork on June 05, 2021, 08:39:24 AM
I will consider this.
Title: Re: Price action and chart reading in Forex Part 2
Post by: Giles on July 07, 2021, 12:38:20 AM
The foreign interchange (Forex) is the conversion of one currency into substitute currency. If this price was related when the USD/CAD pair, it means that it costs 1.2569 CAD to get your hands on one USD.
Title: Re: Price action and chart reading in Forex Part 2
Post by: electrike on July 14, 2021, 12:59:52 PM
Are you planning to attachment the Forex market? Heres anything you should know just just about trading foreign dispute currency!

Trading Forex is an ruckus that is now more popular than ever before now. So ably-liked that the traded volume is on peak of $4 trillion a hours of day. With the vent experiencing a renewed confidence in a, hopefully, p.s.-pandemic world, considering more people looking for ways to earn some add-on maintenance, and financial opinion becoming more widespread these days, the Forex facilitate is seeing an accretion in the number of traders.

Now, taking into account such an combined in popularity, youve likely heard a lot of people from your network talking approximately trading foreign quarrel currency. Besides that, youve plus probably seen plenty of ads from brokers. And, now, you are here, planning to establishment trading too.
Title: Re: Price action and chart reading in Forex Part 2
Post by: rimbook on August 03, 2021, 02:21:44 AM
Forex is great
Title: Re: Price action and chart reading in Forex Part 2
Post by: Cloyster on August 21, 2021, 11:33:47 AM
Thanks
Title: Re: Price action and chart reading in Forex Part 2
Post by: Finfe on September 27, 2021, 08:23:31 AM
Gold keeps rebound from the golden Fibonacci retracement (Fibo.) level of 61.8% between firmer RSI. However, compound levels marked back antediluvian August joins 50% Fibo. to restrict the metals immediate upside to in the region of $1,760.

Even if the gold prices rally proud than $1,760, a downward slanting trend parentage from September 03 and 38.2% Fibonacci retracement stuffy $1,778 will precede the 200-SMA, near $1,788, to challenge bulls.

Meanwhile, pullback moves quirk to preserve below the 61.8% Fibo. level surrounding $1,743.

Following that, $1,724 and $1,718 may pay for intermediate halts during the gold bears hurry towards the $1,700 threshold, a fracture of which will draw attention to the twelve-monthly low of $1,687.
Title: Re: Price action and chart reading in Forex Part 2
Post by: hangyu on October 03, 2021, 01:29:08 AM
S&P warns of US credit downgrade risk If the government defaults on payment

S&P Global Ratings (S&P) has warned that financial markets could be severely hit if the US defaults on its debts. And it could put the US at risk of downgrading its credit rating. Congress will be able to resolve the debt ceiling in time.

"If the United States defaults on its debt It is an unprecedented event for a major G7 country like the United States,” S&P said.

S&P analyst Joydeep Makherjee has warned that a default could result in the U.S. downgrading its credit rating to D, its lowest level.

“S&P will deal with the United States like any other defaulting country. Whether it is interest debt, Ministry of Finance bonds, debt instruments or government bonds. which if these situations The US credit rating will be downgraded to the lowest level," McHergie said.

Mr Machergie also said that Debt defaults are typically caused by economic and financial tensions. Political factors have also fueled debate over the debt ceiling in the US.

In August 2011, S&P downgraded the U.S. credit rating to AA+ from its highest AAA, as the Obama administration faced high levels of public debt. And Congress at that time was at odds about expanding the debt ceiling.

Public debt (Sovereign Debt) refers to money borrowed by the government from various sources both domestically and internationally when the state's income is insufficient to meet its expenditures. The government's indebtedness has an impact on the overall economy of the country. in general If a country's public debt is near 90% of the country's GDP, the country is at risk and has trouble paying its debts. But the US public debt under President Obama stood at 93% of GDP, causing panic around the world at the time.
Title: Re: Price action and chart reading in Forex Part 2
Post by: Brian Tadesse on November 12, 2021, 12:36:45 AM
Nice
Title: Re: Price action and chart reading in Forex Part 2
Post by: maxxxx333 on December 03, 2021, 06:01:57 AM
It feel nice to trade forex.
Title: Re: Price action and chart reading in Forex Part 2
Post by: Seung Min Han on August 16, 2022, 04:42:43 PM
very well said in clip
Title: Across 12 races, Democrats are running 23 points ahead of Clinton and 8 points a
Post by: rosemariejr3 on July 20, 2023, 12:55:22 AM
Across 12 races, Democrats are running 23 points ahead of Clinton and 8 points ahead of Obama.
Title: Japanese commodity money before the 8th century AD: arrowheads, rice grains and
Post by: Faridaimmum on September 12, 2023, 05:12:34 PM
Japanese commodity money before the 8th century AD: arrowheads, rice grains and gold powder. This is the earliest form of Japanese currency. Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.
Title: Красиво с
Post by: EdwardMah on December 12, 2023, 10:44:05 AM
thank yoou