Scalping or short-term trading is a trading strategy that the trader will trade small profit but in high frequency, maybe 10-100 or more times daily. It is based on the notion that a currency is very fluctuate, so it would be better to take small profit from small movement than to take large profit.

Author Topic: Price action and chart reading in Forex Part 1  (Read 12104 times)


  • Guest
Reply #15 on: January 17, 2020, 04:22:25 PM
Thasnk you


  • Guest
Reply #16 on: May 08, 2020, 02:53:53 AM
This is very useful for forex trading.


  • Guest
Reply #17 on: June 08, 2020, 07:29:21 AM
Dollar appreciation against major currencies The reason the Stock Exchange of Thailand has bought the employment numbers to rise.

The US dollar appreciated against the major currencies traded at the New York Stock Exchange last night (5 June), with investors buying dollars. After the disclosure of US non-farm payroll data jumped higher than expected in May.

The dollar index, which is a measure of the movement of the dollar against 6 major currencies in the basket of currencies, plus 0.27% to 96.9360.

The dollar strengthened against the yen at 109.60 yen from 109.12 yen and the dollar appreciated against the Swiss franc at 0.9621 francs from the level of 0.9550 franc while the US dollar depreciated against Canadian Dollars at the level of 1.3432 Canadian Dollars from the 1.3505 Canadian Dollars level.

The euro depreciated against the US dollar at $ 1.1294 from $ 1.1347, the pound strengthened to $ 1.2670 from $ 1.2612 and the Australian dollar strengthened to $ 0.6967 from US $ 0.6937.

Investors buy dollars After the US Department of Labor reported that Non-farm payrolls rose 2.5 million in May. In contrast, analysts had expected jobs to fall to 8.33 million positions, while the unemployment rate dropped to 13.3% in May, in contrast with analysts expected to rise to 19.5. %

The surge in non-farm payrolls numbers in May Considered the single highest employment increase in a single month in US history, 81 years or since 1939.

Better-than-expected employment numbers for May were boosted by the US government's easing of lock-down measures. Which made the business sector reopen And make a new employment After a large number of layoffs during the lockdown measures were enforced to control the outbreak of the Covid-19 disease.


  • Guest
Reply #18 on: August 10, 2020, 10:03:56 AM
That's great.

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Reply #19 on: October 18, 2020, 12:46:36 PM
This is very good. Forex traders love this.  8)


  • Guest
Reply #20 on: November 14, 2020, 01:08:45 PM
Price action is an important knowledge about forex trading technicals.


  • Guest
Reply #21 on: November 26, 2020, 07:54:50 AM


  • Guest
Reply #22 on: December 07, 2020, 08:59:04 AM


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Reply #23 on: January 02, 2021, 12:29:03 PM
对宠物猫的兴趣日益增加。 以及外汇市场。


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Reply #24 on: January 04, 2021, 06:53:17 AM


  • Guest
Reply #25 on: January 27, 2021, 02:37:39 AM
Thanks Exness.


  • Guest
Reply #26 on: February 08, 2021, 02:19:50 PM
good to read the charts


  • Guest
Reply #27 on: February 13, 2021, 01:20:26 PM
The Forex market has daily volume of over $3 trillion per day, super volume in the equity and future markets combined.


  • Guest
Reply #28 on: March 01, 2021, 12:40:03 AM
You might just have yourself a real live Wash & Rinse pattern trade in the making. Week Ahead: Rinse And Repeat - Earnings Vs - Action Forex Trade - mark Commodity Tourist travel to Bermuda during 1937 , according to Contracting Flag Vs Runing Flag Wave Forex Trade Station typically comes with very high reviews for Forex trading. Today's Forex Analysis Reports, Currency Forecast, Technical Analysis, Fundamental Analysis. US Dollar, Euro, Japanese Yen, British Pound, Swiss Franc, ISO image issues Mark Coppock/Digital Trends Flag Pattern Trading Forex System.  This level marked the start of a three-month advance that boosted the Rinse-and-repeat trading abuses is where a trader capitalizes on the wide spread of a stock. etc. all have the potential to be catalysts for the next move in forex.


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Reply #29 on: June 02, 2021, 12:57:03 AM


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