This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.
Divergence is a tool that helps the traders to learn the price behavior of the currency. This analysis generates patterns that will help to predict the direction of movement of the currency rates. Divergence, a leading indicator, helps traders to significantly increase their profits. This is because the likelihood of trading in the right direction and at the right time increases if this indicator is used along with others such as Moving Averages, Stochastics, RSI, Support and Resistance levels, etc.
Risk Warning: Trading CFDs is a high risk activity and you may lose more than your initial deposit. You should never invest money that you cannot afford to lose. FXDailyReport.com will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets.
Hello dani,,,, its painfull to here that even me i had a such problem of lossing money because I failed to abind my self into a good trading strategy for most of my past trading days,, but honestly iam telling without more effort nothing sweat can be got, so i struggled alot and it came by chance on my side a beautiful way that has low risk, good profit, and it saves time you might trade just in a week and all of your time you might do other things. For sure now iam free i can not stay much on my screen but i get time to deal with my medical school. Dani if ur ready honestly and kindly i can help you to know the strategy free just as my brother. And you shall be happier with it, i shall also help you some more other trading challenges that i have faced and the way to solve them.
Traders who have chased the price as it bounces upward and have often suffered losses because of a sudden reversal would want to keep this strategy in their minds when trading currencies. By employing this simple strategy, they can determine whether the price will continue in the breakout direction or not. This helps them to increase their profits or reduce losses.
The profit target is set at 50 pips, and the stop-loss order is placed anywhere between 5 and 10 pips above or below the 7am GMT candlestick, after its formation. This is implemented to manage risk. After these conditions are set, it is now up to the market to take over the rest. Day Trading and Scalping are both short-term trading strategies. However, remember that shorter term implies greater risk, so it is essential to ensure effective risk management.
Divergence is a tool that helps the traders to learn the price behavior of the currency. This analysis generates patterns that will help to predict the direction of movement of the currency rates. Divergence, a leading indicator, helps traders to significantly increase their profits. This is because the likelihood of trading in the right direction and at the right time increases if this indicator is used along with others such as Moving Averages, Stochastics, RSI, Support and Resistance levels, etc.
However, it's important to note that tight reins are needed on the risk management side. These Forex trade strategies rely on support and resistance levels holding. But there is also a risk of large downsides when these levels break down. Constant monitoring of the market is a good idea. The market state that best suits this type of strategy is stable and volatile. This sort of market environment offers healthy price swings that are constrained within a range. It's important to note that the market can switch states.
!function(e){function n(t){if(r[t])return r[t].exports;var o=r[t]={i:t,l:!1,exports:{}};return e[t].call(o.exports,o,o.exports,n),o.l=!0,o.exports}var t=window.ansWebpackJsonpFunction;window.ansWebpackJsonpFunction=function(n,r,i){for(var s,u,l=0,a=[];l1)for(var t=1;tp)return!1;if(d>f)return!1;var e=window.require.hasModule("shared/browser")&&window.require("shared/browser");return!e||!e.opera}function u(){var e="";return"quora.com"==window.Q.subdomainSuffix&&(e+=[window.location.protocol,"//log.quora.com"].join("")),e+="/ajax/log_errors_3RD_PARTY_POST"}function l(){var e=i(h);h=[],0!==e.length&&c(u(),{revision:window.Q.revision,errors:JSON.stringify(e)})}var a=t("./third_party/tracekit.js"),c=t("./shared/basicrpc.js").rpc;a.remoteFetching=!1,a.collectWindowErrors=!0,a.report.subscribe(r);var f=10,p=window.Q&&window.Q.errorSamplingRate||1,h=[],d=0,m=o(l,1e3),y=window.console&&!(window.NODE_JS&&window.UNIT_TEST);n.report=function(e){try{y&&console.error(e.stack||e),a.report(e)}catch(e){}};var w=function(e,n,t){r({name:n,message:t,source:e,stack:a.computeStackTrace.ofCaller().stack||[]}),y&&console.error(t)};n.logJsError=w.bind(null,"js"),n.logMobileJsError=w.bind(null,"mobile_js")},"./shared/globals.js":function(e,n,t){var r=t("./shared/links.js");(window.Q=window.Q||{}).openUrl=function(e,n){var t=e.href;return r.linkClicked(t,n,e),window.open(t).opener=null,!1}},"./shared/links.js":function(e,n){var t=[];n.onLinkClick=function(e){t.push(e)},n.linkClicked=function(e,n,r){for(var o=0;o>>0;if("function"!=typeof e)throw new TypeError;for(arguments.length>1&&(t=n),r=0;r>>0,r=arguments.length>=2?arguments[1]:void 0,o=0;o>>0;if(0===o)return-1;var i=+n||0;if(Math.abs(i)===Infinity&&(i=0),i>=o)return-1;for(t=Math.max(i>=0?i:o-Math.abs(i),0);t>>0;if("function"!=typeof e)throw new TypeError(e+" is not a function");for(arguments.length>1&&(t=n),r=0;r>>0;if("function"!=typeof e)throw new TypeError(e+" is not a function");for(arguments.length>1&&(t=n),r=new Array(s),o=0;o>>0;if("function"!=typeof e)throw new TypeError;for(var r=[],o=arguments.length>=2?arguments[1]:void 0,i=0;i>>0,o=0;if(2==arguments.length)n=arguments[1];else{for(;o=r)throw new TypeError("Reduce of empty array with no initial value");n=t[o++]}for(;o>>0;if(0===o)return-1;for(n=o-1,arguments.length>1&&(n=Number(arguments[1]),n!=n?n=0:0!==n&&n!=1/0&&n!=-1/0&&(n=(n>0||-1)*Math.floor(Math.abs(n)))),t=n>=0?Math.min(n,o-1):o-Math.abs(n);t>=0;t--)if(t in r&&r[t]===e)return t;return-1};t(Array.prototype,"lastIndexOf",c)}if(!Array.prototype.includes){var f=function(e){"use strict";if(null==this)throw new TypeError("Array.prototype.includes called on null or undefined");var n=Object(this),t=parseInt(n.length,10)||0;if(0===t)return!1;var r,o=parseInt(arguments[1],10)||0;o>=0?r=o:(r=t+o)<0&&(r=0);for(var i;r
Simple 1-2-3 (or S123) is a 3-step, rule-based Forex trading strategy created by Lennox Chambers and Peter Bain. S123 helps Forex traders to locate, enter and exit trades across all timeframes. This unique trading system offers guidance to traders to not only know where to enter trades, but where to exit trades. Click here to see some recent real trades.
When you train with Forex Mentor Pro you get hands-on insight into how to become a successful trader from forex mentor pro’s with over 50 years combined trading experience!. You get thorough, yet simple strategies that work and will equip you to trade like the professionals. It couldn’t be any simpler. The only question that remains to be asked is “Do you want this enough?” 

Locating the trend: Markets trend and consolidate, and this process repeats in cycles. The first principle of this style is to find the long drawn out moves within the forex markets. One way to identify forex trends is by studying 180 periods worth of forex data. Identifying the swing highs and lows will be the next step. By referencing this price data on the current charts, you will be able to identify the market direction.
Of the past 15 years, Forex Mentor has marketed dozens of “get rich quick” Forex trading educational products. Currently, there are over 20 educational products for sale on the website. To list each product would be mundane. To give you a prime example of the marketing hype, I have included the flagship product titled “The Big Dog Currency Trading System”.
×