Recent content by Fin_Trader

I agree about the lot size. It is important to control the lot size, but also to have a sufficient deposit to trade gold. But I think it is a controversial statement that the volume indicator will help to see the real volumes on the market. You yourself say that Raw volume data is not very...

I agree, impulsiveness greatly interferes with stable earnings on Forex. Impulsive traders begin to confuse Forex and gambling

In other words, probability is present in forex trading. Currency pairs are selected to see more patterns. It seems to me that this is the only similarity.

When analyzing the USDCHF pair on the H1 timeframe, the price movement is still observed within the previously formed range. With repeated testing of its upper border, located at the resistance level of 0.8840, the price constantly makes false breakouts and has not been able to consolidate above...

The local trend on H1 for the USDJPY pair is still ascending. However, when analyzing the situation on this timeframe, the price during its upward movement made a false breakout of the resistance level of 150.94 and went back below it. The target for such a downward rollback may be the support...

The situation on the EURUSD pair timeframe H1 looks like this: the price during its upward movement broke through the line of the downward local trend on this timeframe. There was also a breakout of the resistance level of 1.0781, which can now become a support level. The target for further...

Looking at the situation on the GBPUSD pair on the H1 timeframe, we can see how the price is trying to break through the inclined line of the local downward trend on this timeframe during its upward movement. In case of a successful breakout and consolidation above it, the first target may be...

Forex works completely differently from gambling. It is a market that follows certain rules and reacts to certain events. If you understand it, you can analyze it, predict its behavior with a high probability, and, based on this, make trades

The Basics Explained in Simple Terms is a great book for beginners. It doesn't have much information on strategies to enter and exit.

When considering the situation on the USDCHF pair on the H1 timeframe, it is clear that a horizontal range has formed between the support levels of 0.8805 and the resistance level of 0.8840. At the same time, after another test of the above-mentioned resistance, the price was unable to break...

The USDJPY pair price continues to move in an upward direction. At the same time, during a downward rollback, there was a false breakout of the support level of 149.91, after which the price went back above it. I consider the resistance level of 150.94 to be the nearest target for further upward...

The GBPUSD pair shows an upward trend after breaking through the local downward trend line on the H1 timeframe. At the same time, after the third rebound from the local upward trend line formed on the H1 timeframe, the price approached the resistance level of 1.2954. In case of its upward...

Looking at the situation on the H1 timeframe for the EURUSD pair, we can see a local downward trend. At the same time, the support level of 1.0781 was not broken through after two attempts and the price rebounded from it to the nearest resistance level of 1.0822. There is also a line of a...

I think that books on technical analysis are the most informative, technical analysis methods work in any markets.

When a broker has been operating for a long time, its reputation already works for it. The main thing is that the trader likes the trading conditions