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How long does it take to become a successful trader?
barako replied to kingston's topic in Beginners Forum
there is not time line to success, some would take months, others years, at most its a constant continues process of struggle, I have been trading a hotforex account for 8 years now, and i dont think im close to what people call successful, but im happy with what little i make. -
forex trading is no joke, its amoney hole for those who dont know what they are doing. its like a "now u see me now u dont" with money, it takes time to understand and study, it takes years to come up with a working strategy, and tons and tons of patience. some people are better off treating it as a hobbie or a past time really. though ive been in it for a decade now.
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Ripple (XRP) Reaches $0.12 Oversold Region As Buyers Emerge Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple is presently fluctuating between $0.12 and $0.17. The market appears to have reached bearish exhaustion as the coin reached the oversold region of the market. At a low of $0.12, XRP was oversold. Consequently, the bulls emerge to push XRP upward. The coin rises to a high of $0.15 and resumes consolidation. On the downside, as the price fell to a low of $0.12 and became oversold, a further downward move is doubtful. On the upside, if the bulls break the $0. 17 overhead resistances, XRP will resume an upward move. Meanwhile, the sideways trend may persist if the $0.17 resistance is unbroken. XRP/USD – Daily Chart Daily Chart Indicators Reading: Ripple is trading above 40% range of the daily stochastic. It indicates that Ripple is in bullish momentum but the current upward move is weak. This is in view of the currently prevailing bear market. The moving averages are pointing southward. XRP/USD Medium-term Trend: Ranging On the 4-hour chart, Ripple is in a sideways trend as the market fluctuates between $0.12 and $0.17. Ripple was earlier oversold as the market reached bearish exhaustion. Selling pressure is unlikely as the bulls emerge at the oversold. XRP/USD – 4 Hour Chart 4-hour Chart Indicators Reading Ripple is now in a horizontal channel as the price fluctuates between $0.12 and $0.17. Meanwhile, Ripple is rising as it reaches level 59 of the Relative Strength index. Ripple is above the centerline 50 indicating that it is in the Uptrend zone. Nevertheless, the 21-day and 50-day SMAs are sloping horizontally indicating the sideways trend. General Outlook for Ripple (XRP) Ripple is at the bottom of the chart but it is trading at $0.15 as at the time of writing. The pair is likely to continue its consolidation for a few more days. Presently, the bulls are having the upper hand as the price fluctuates upwards. It is assumed that the selling pressure has been exhausted. Ripple (XRP) Trade Signal Instrument: XRP/USD Order: Buy Entry price: $0.162 Stop: $0.150 Target: $0.362 Source: https://learn2.trade
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EURJPY Extends The Sell-Off From The Weekly Highs Towards The Sub-118.87 Region EURJPY Price Analysis – March 27 EURJPY fell under market pressure and tumbled to sub-118.87 levels at the time of writing. Japan’s anti-risk yen attained significant ground in the US session, driving the cross to session lows near 118.87 level amid the wide-spread vulnerability of the US dollar and the fall in US stock futures. Key Levels Resistance Levels: 123.37, 122.87, 121.15 Support Levels: 117.08, 115.83, 114.84 EURJPY Long term Trend: Bearish In the larger structure, the trend stays bearish as the cross returned still within the falling channel formed since 123.37 (high). As long as the resistance level is 122.87, the downward trend may proceed in the next session towards the support level of 114.84. Even so, a continuous break of 122.87 may achieve a double bottom level (115.83, 117.08) which may suggest a long-term bullish reversal. EURJPY Short term Trend: Ranging Initially, the EURJPY trend barely changed. Consolidation from a level of 115.83 can be increased through further rises. On the contrary, a break of 121.15 level will approach a resistance level of 122.87. On the downside, a continuous break of 115.83 level may suggest a greater resumption of the downward trend. The price is testing the 119.99 resistance level even though the cross may have a retest of the 120.17 and 121.15 price levels. Support is seen at levels of 119.24, 118.87 and 118.37. Instrument: EURJPY Order: Sell Entry price: 120.17 Stop: 120.67 Target: 119.24 Source: https://learn2.trade
- Yesterday
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How long does it take to become a successful trader?
landorra replied to kingston's topic in Beginners Forum
This is an absolute truth. You will not become a millionaire in a week. That doesn't happen in forex if you are a small fish like most of people here. Be patient and study as much as possible. - Last week
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Date : 27th March 2020. FX Update – 27 March 2020.USDJPY, H1The Dollar declined and then recovered some of its losses, which saw the narrow trade-weighted USDIndex print a nine-day low at 99.15 before recouping levels back above 99.40. At the lows, the index was showing a correction of 3.2% from the 38-month high that was seen last week, which can be credited to the Fed’s ultra-aggressive dollar printing activity. There has also been a side theme of pronounced losses in USDJPY and Yen crosses, which look out of sync with the usual correlative pattern in light of a backdrop of mostly-higher stock and commodity markets in Asia today (which often times, especially in the prevailing crisis, would be associated with a softening in the Japanese currency). The demand for Yen was reportedly driven by repatriation of Japanese investment funds, according to several market reports and narratives, even though the timing — just a few days before Japan’s financial year end — seems a little strange. USDJPY, aided by broad Dollar weakness, dropped by about another 1% in printing a one-week low at 108.25. EURJPY, AUDJPY and most other Yen crosses declined, too, which amounted to a correction. Subsequently, the Yen gave back up to half of its gains as the European interbank market picked up the reins, and expectations, should risk appetite hold up, the Yen could soften from here. The USDJPY and the crossing EMA strategy (H1) closed out in the last hour as the 9-period EMA was broken at 108.89 from an entry at 111.14 on March 25, a 220 pip move.Elsewhere, EURUSD edged out a 10-day high at 1.1088, before ebbing back under 1.1050. Cable printed an eleven-day high, at 1.2306. As for the coronavirus, the exponential rate of new cases has continued. Cases in the US have surged, and it might be several weeks before the fruits of the global lockdown is seen. Few are now expecting a V-shaped economic recovery out of this, such as was seen following the SARS epidemic in Asia in 2003. The key question is how wide the “U” will be in a U-shaped recovery? An old market adage has always been to, never try to catch a falling knife.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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How long does it take to become a successful trader?
CrazyCzarina replied to kingston's topic in Beginners Forum
No any trader can become a successful trader over a night, it requires good experience with accurate skills and powerful mind to trade in such an volatility market like FOREX. For a new user Demo account is route towards successful trade into real market. -
How long does it take to become a successful trader?
CrazyCzarina replied to kingston's topic in Beginners Forum
No any trader can become a successful trader over a night, it requires good experience with accurate skills and powerful mind to trade in such an volatility market like FOREX. For a new user Demo account is route towards successful trade into real market. -
How long does it take to become a successful trader?
CrazyCzarina replied to kingston's topic in Beginners Forum
All you need for a trade market is Knowledge, skills, learning attitude, not having fear to fail instead learn from it and never repeating again, having a powerful mind to strategies and analyse the situations going in market. -
How long does it take to become a successful trader?
CrazyCzarina replied to kingston's topic in Beginners Forum
No any trader can become a successful trader over a night, it requires good experience with accurate skills and powerful mind to trade in such an volatility market like FOREX. For a new user Demo account is route towards successful trade into real market. -
Date : 26th March 2020. GER30: Back to risk-off….but for how long?EGBs have rallied with Treasuries and with Eurozone spreads coming in after the ECB confirmed that it will drop issuer limits in its EUR 750 bln QE program. Tapping the ESM and finally using Draghi’s OMT program are also on the cards for the Eurozone as governments try to limit the impact of the pandemic. Despite the massive US stimulus package and additional promises from European officials, stocks markets headed south in Europe and US futures are also broadly lower, ahead of likely dismal US jobless claims.The 10-year Bund yield was down -3.9 bp at -0.308%, the Gilt yield down -3.7 bp at 0.398% US Treasury yields had declined -6.1 bp to 0.806%. Greek 10-year rates dropped nearly 34 bp as Eurozone spreads narrowed. GER and UK100 meanwhile are both down -2.1%.FX market volatility has been on the decline this week, as massive global stimulus has ratcheted markets away from panic mode that prevailed last week. However the market will continue to remain subject to high volatility and overall underperformance as long as the coronavirus contagion remains in a state of increasing spread.The plethora of global monetary and fiscal responses have helped stocks finding a sustainable reprieve, however so far today as volatility remains high we have seen pullbacks. Whether these are corrections or signs of reversal, no one knows yet!In the EU, GER30 in contrast with UK100, has gain some ground, having a distance of more than 1600 points from 7-years lows. This reflects to more than 35% reversal, but does it look sufficient enough in order to believe in a reversal? Technically responding, the sentiment that we have seen that last few sessions presents positive bias in the short term, with the asset holding bottom above 9,500 (23.6% Fib. level at 9,523) despite the doji Wednesday. This provides relief, that 38.2% Fib is still on the cards. A breakout above the short term pennant formation could open the doors towards a retest of 38.2% Fib. retracement level at 10,358 (this could fill March 12 gap) .In the medium term meanwhile, daily momentum remain negative even though they are giving signs if weakness. RSI recovered from oversold levels but remains below neutral zone and MACD is at the negative are however it is extending above its signal line suggesting decreasing negative bias.There is clearly plenty of volatility still to play out, but the way this move is shaping, weakness is now being bought into.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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Connection to FXCM is ready to use! The long-awaited connection to FXCM is already available in the Quantower trading platform! This broker is one of the most popular FOREX brokers all over the world, which offers a wide range of trading instruments, such as 40+ FX pairs, CFDs on commodities, indices, as well as the main cryptocurrencies. Connect your accounts through the Quantower platform and trade directly from the chart or through Order Entry and FX Cell panels. In addition, for a comprehensive analysis, use the advanced platform functionality — TPO Profile Chart, Symbol Overlays, various chart types like Renko, Kagi, P&F, Range bars, Heikin Ashi. Follow our step-by-step connection guide or watch the video guide above and start trading through FXCM from Quantower platform. 2 new improvements for Alpaca connection — OAuth authorization and Bracket Orders OAuth authorization In early February, Alpaca Markets added support of OAuth authorization, which ensures the security and privacy of users when connecting. This protocol allows users to authorize without disclosing API & Secret Keys to 3rd-party platforms. How does it look? Each time you connect to Alpaca Markets, a browser window will appear with authorization to your personal account via email and password. Quantower does not have access to these login credentials and doesn’t save them on its side. Bracket Orders In addition to OAuth authorization, Alpaca Market broker added Bracket Order. It's an advanced order type that allows cutting losses and simplifies the trading process. The order itself contains 3 orders embedded in it: Limit Order or main order Take Profit limit order Stop Loss order When a Bracket Order is placed, the system will first execute the Limit order. Until the Limit Order is triggered the ‘Take Profit Order’ and ‘Stop-Loss order’ does not get activated. If the main order is executed, the system will wait for the conditions for exit from the position to be fulfilled. When the condition is met (stop loss or take profit), the position will close and the other bracket leg will be canceled. Multiple custom trading sessions Trading activity and volatility can vary for each trading session. And if you need to analyze the distribution of trading volume for different sessions, it is better to use Custom Trade Session. In the chart settings, set the time range for one or several trading sessions and inactive areas will be darkened on the chart. All volume analysis tools, including Volume Profiles, Clusters, VWAP, on this chart will calculate the volume data only for the active (specified) range. Custom trade sessions are available for next panels: Chart, TPO Chart, DOM Trader, DOM Surface Improved the management of lists in the Watchlist panel Watchlist panel allows you to create lists of symbols, save and switch between them in a couple of clicks. In the latest version, we improved the list management mechanism by adding two options: Add to Watchlist option allows you to add a previously saved list to the current list of instruments Replace Watchlist option clears the current list and adds the previously saved list to the panel Connection to Intrinio One more integration in our connection list! Intrinio is a data feed that provides historical and real-time pricing data on Stocks, ETFs, Forex and various economic and macro indicators. The full list of provided data, as well as the subscription price, can be found on their official website. Now, what are you waiting for? Update the platform or download the latest version, and let us know what you think P.S. All new updates we published in our blog and in our Telegram Channel Quantower Updates
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Date : 25th March 2020. FX Update – March 25 – USD CoolsUSDCAD, H1The commodity (AUD again today’s best performer) and many developing world currencies have continued to rebound, while the Dollar, Yen and Swiss franc have traded generally softer. This comes with Asian stock markets rallying and European markets opening positively after the DJIA equity index posted its biggest single-day rally on Wall Street since 1933. The US Senate and White reached agreement on a $2 tln fiscal stimulus package, which joins a growing list of countries around the world to have unveiled bazooka-sized spending packages, joining ambitious central bank monetary stimulus efforts aimed at mitigating the impact of virus containing measures. This comes amid tentative signs that the lockdown in Italy is starting to work, as new cases and the death rate ebb. There are also other signs of encouragement, such as news that 20% of US companies in China have reported that they have returned to normal operations, showing that there is economic life after lockdown.Among the main currencies, USDJPY has traded neutrally so far today, while most Yen crosses, especially those with a commodity or developing world currency counterpart, have lifted. USDJPY has held with a range of 110.75-111.50, narrow by recent standards and well within the bounds of yesterday’s range. EURJPY has posted modest gains, but remained below yesterday’s peak. AUDJPY, amid its fifth consecutive up day, posted a 10-day high at 67.25. AUDUSD lifted by 1.2% in printing an eight-day high at 0.6060, extending the rebound from last week’s 18-year low of 10%. USDCAD fell to a five-day low at S2 and below 1.4300 at 1.4299, with the Canadian Dollar continuing to correlate closely with oil prices, which today extended over 3% higher to five-day highs, but remains capped at $25.00. EURUSD has traded higher, to the mid 1.0800s, but has remained comfortably within Tuesday’s range.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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The long-awaited connection to FXCM is already available in the Quantower trading platform! This broker is one of the most popular FOREX brokers all over the world, which offers a wide range of trading instruments, such as 40+ FX pairs, CFDs on commodities, indices, as well as the main cryptocurrencies. Connect your accounts through the Quantower platform and trade directly from the chart or through Order Entry and FX Cell panels. In addition, for a comprehensive analysis, use the advanced platform functionality — TPO Profile Chart, Symbol Overlays, various chart types like Renko, Kagi, P&F, Range bars, Heikin Ashi. Follow our step-by-step connection guide and start trading through FXCM from Quantower platform.
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Date : 24th March 2020. FX Update – March 24 2020AUDUSD, H1Currencies moved in a risk-on formation, with the Dollar, Yen and Swiss franc weakening against most other currencies, with the commodity and many developing-world currencies outperforming. This came with S&P 500 futures rallying strongly, more than reversing the 2.9% closing loss the cash version of the index saw yesterday on Wall Street. Oil, most base metals and other commodity prices also rose. Asian stock markets also rallied. The massive $2 tln coronavirus stimulus bill in the US looks near to being passed in the Senate. The Fed’s ultra-aggressive pledge of unlimited dollar funding also appears to be having some success. The US 2-year note yield dropped yesterday to a near seven-year low of 0.79%, which, although higher today, concomitantly put a lid on the Dollar. The narrow trade-weighted USDIndex dropped by about 1% in printing a four-day low at 101.45, extending the correction from the 38-month high that was seen last Friday at 102.99. EURUSD and Cable concurrently lifted just over 1%, to respective five-day and intraday highs at 1.0866 and 1.1695. The biggest mover out of the main dollar pairings and associated crosses has been AUDUSD, which lifted by over 2%, making a four-day peak at 0.5975. The Aussie dollar has now rebounded by over 8% from the 18-year low it saw last week, at 0.5507. With oil prices posting a near 5% rally, USDCAD turned lower, back below 1.4400, though the pair remained above yesterday’s low at 1.4335.As for the coronavirus, more countries have been going lock-down, the latest of note being the UK, and the major question about how long it will be before something approaching normal economic activity resumes. Incoming preliminary March PMI survey data have and will continue to paint a grim picture of the economic consequences to date.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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TRIBTC - the World’s First Platform Peer-to-Peer Crypto Binary Options Trading In January 2020, TRIBTC started the world’s first platform offering Bitcoin settled peer-to-peer crypto binary options trading! TRIBTC’s platform and trading engine are built by industry professionals from the crypto and finance industries. We offer direct crypto options trading between peers, settled in Bitcoin, thus eliminating the possibility of foul play that can happen on traditional binary options sites where trading is done against the broker. 90% Profit / Trade Read TRIBTC Broker Review & Advantages - https://binaryoptionsnodeposit.com/tribtc-f...ptions-trading/ How to Place Trades on TRIBTC Crypto Binary Options Platform There are two options for placing trades: – Initiating a trade – Matching other users’ trades Read How to Place Trades on TRIBTC Crypto Binary Options Platform - https://binaryoptionsnodepositbonuses.com/h...tions-platform/ - Earlier
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hey guys i hope 2020 is doing good for you all. its been a while
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it doable, but its high risk, and that kind of % is possible with smaller capitals in my opinion, but realistically it doesnt go that way in live, i mean, we tend to be more reserved with real money.
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Becoming a better trader all comes from experience and patience for the reward to be received against the risk taken. Trader should have learning attitude and should try new things in market for becoming successful trader.
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Date : 20th March 2020. European FX Update – 20 March 2020 20th March 2020Interventions and the threat of interventions has seen the dollar soften while commodity and many developing world currencies have rebounded strongly following a period of pronounced underperformance. Also in the mix is the plethora of central bank actions to shore up liquidity and loosen monetary policy, along with the massive fiscal rescue packages being assembled by governments across the world, which have given markets opportunity to settle from coronavirus anxiety. Russia and Brazil have intervened in forex markets over the last day, buying their domestic currencies and selling dollars. The Russian ruble crashed by over 34% from early January levels before the Russian central bank stepped in yesterday. The Norwegian central bank also threatened to intervene yesterday following a similar 30%-odd dive the crown. South Africa and Australia have also signalled readiness to intervene to support their currencies. For many countries with borrowings in dollars, the massive depreciation in their domestic currencies, and strength in the dollar, has been increasingly threatening at a time when most emerging market and developed-world economies are either headed to or are already in recession. There is rising odds for coordinated action to blunt dollar strength. Demand of cash dollars has been intense in recent weeks due to the funds need to cover losses and meet fund redemptions.Among the main currencies today, the narrow trade-weighted dollar index (DXY) has declined by 1.3%, to 101.50. The index peaked at a 38-month high yesterday at 102.99. EURUSD has concomitantly lifted by over 1% to levels above 1.0800. Cable rallied by nearly 3% to levels back above 1.1800, up from yesterday’s 35-year at 1.1451. USDJPY dropped back to the lower 109.00s from levels above 111.0, though the yen still weakened against many other currencies.Biggest (FX) Mover @ (09:30 GMT) AUDUSD (+3.48%) – Rallied from 0.5680 at open, over 0.5800 & 0.5900. The MA’s aligned higher, RSI (67) positive, MACD histogram & signal line rising and breached 0, Stochastics moving higher but not yet into OB zone. – H1 ATR 0.0063, Daily ATR 0.0205.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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Newbie trader are very excited initially to trader in forex market intending to earn profit from trade. At the same time they should also have required knowledge and skills to trade, for this Demo account will definitely help them before trading into actual market
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Bitcoin Cash Makes An Upward Move As Bulls Buy At Lower Levels Of The Market Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bearish On March 16, BCH fell to the low of $164 and the bulls buy at the lower levels of the market. The coin made an upward move as a result of the purchase. BCH has risen to $191 and it is approaching the high of $200. On the upside, if the bulls break the resistance at $200, the market will rise to a high of $265. Presently, BCH is trading at $191 as at the time of writing. BCH may fall to a low of $169 if it fails to break the $200 resistance. BCH/USD – Daily Chart Daily Chart Indicators Reading: Currently, BCH is rising as it is above 20% range of the daily stochastic. This indicates that Bitcoin cash is in bullish momentum. The coin was previously in an oversold region. The bulls are emerging as the coin makes an upward move. BCH/USD Medium-term Trend: Bearish On the 4-Hour chart, BCH is in a descending channel. On March 12, BCH fell to the low of $141 and resume a range-bound movement. The coin is currently approaching the high of $200. BCH/USD – 4 Hour Chart 4-hour Chart Indicators Reading BCH has risen to level 56 of the daily Relative Strength Index period 14. BCH is above the centerline 50 which means that it is in an uptrend zone. BCH is currently rising, and if it breaks the resistance line of the descending channel and closes above, it is an indication of an uptrend. General Outlook for Bitcoin Cash (BCH) Bitcoin Cash is currently trading above $160. The bulls buy at a lower level on March 16, compelling BCH to rise to the previous highs. However, the actual test comes as it faces the resistance at $200. The upward movement will continue if it breaks above $200 resistance. Conversely, it may fall if the bulls fail to break above it. Bitcoin Cash Trade Signal Instrument: BCH/USD Order: Sell Entry price: $191 Stop: $240 Target: $120 Source: https://learn2.trade
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AUDUSD Rebounds After Plummeting To 0.5506 Levels AUDUSD Price Analysis – March 19 The Australian dollar has sunk to the lowest since Thursday, October 2002, after Australia’s central bank lowered interest rates to 0.25%. Despite plummeting to 0.5506 level, AUDUSD pair spiked to fresh session tops in the last hour to about mid-0.5800s level but then stabilized after about 50 pips move quickly. Key Levels Resistance Levels: 0.7031, 0.6684, 6434 Support Levels: 0.5506, 0.5118, 0.4773 AUDUSD Long term Trend: Bearish AUDUSD’s decline from 0.7031 (high) level is still on the way in the larger structure. It is part of the greater downward trend from 1.1079 (high) level. The estimate of 61.8 percent from 0.7031 to 0.6878 at 0.5506 level is already achieved. There could be continuous breaks paving the way to 0.4773 (low) level. On the upside, it needs a break of 0.6684 resistance level to suggest short-term bottoming, on the other hand, even in case of a fast rebound, the trend may stay bearish. AUDUSD Short term Trend: Bearish AUDUSD’s fall has so far accelerated to a level of 0.5506. There may be some support from the medium-term projection level of 0.5506. But to confirm short term bottoming, breakage of 0.6028 minor resistance level is required. On the other hand, more decline is still predicted from 0.6684 at 0.5118 level for the next target of 261.8 percent projection of 0.7031 to 0.6434 level. Instrument: AUDUSD Order: Buy Entry price: 0.5701 Stop: 0.5506 Target: 0.6028 Source: https://learn2.trade
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indicator Renko Full Throttle PRO Indicator MT4
Dalya replied to Dalya's topic in Commercial Content
Renko Full Throttle PRO Indicator----------------------------------------------------------------------------------------------------------------------------------EURUSD 4H Chart: Success rate is 85% in the last 6 years -
The last demo contest guy seems crazy hitting 20000% in profits. I see this guy better really deserve a lot of applause in my opinion.
