Recent content by JRFX Forex player

1. Macro discipline After three consecutive losses, take a forced break to adjust your mentality and analyze the reasons. When you have made a continuous profit of more than 50%, you should also suspend trading to avoid greed. Avoid trading too frequently and keep a calm and clear mind. 2...

In foreign exchange trading, one of the key links that determines the outcome of a transaction is exit. How to effectively manage the exit timing of profitable orders has become an important issue that traders need to face. You can also share your exit experience. The following are three exit...

In foreign exchange trading, many investors often worry about not being able to grasp the correct entry time. Today, I will share three tricks to effectively find the best entry point and improve the success rate of trading. 1. Conditions required for an excellent entry point - Confirm the...

Dry goods sharing, no more nonsense······ Strategy 1: Opening game strategy The strategy idea is simple: predict the trend of the day based on the rise and fall within a certain period of time after the opening. Applicable to 1-minute, 3-minute, and 5-minute charts, with few parameters and...

When an investor first enters the forex market, due to unfamiliarity with the market, each investor chooses a different angle of entry. They may be influenced by different schools of thought, such as value investing, fundamental analysis, day trading or technical analysis. After communicating...

US dollar index: Due to the recent strong US economic data, the US dollar index hit a four-week high, reaching a high of 105.46. Gold: Maintained volatility and finally closed up 0.24% at $2,316.20/ounce. Silver: Finally closed down 1.61% at $29.26/ounce. US stock index: The Dow Jones...

With the fluctuations in the foreign exchange market, many traders want to master the trading skills of various market conditions. Below I will share the trading tips revealed by a foreign exchange trader, who grasped the key to successful trading through the following six market conditions. 01...

With the fluctuations in the foreign exchange market, many traders want to master the trading skills of various market conditions. Below I will share the trading tips revealed by a foreign exchange trader, who grasped the key to successful trading through the following six market conditions. 01...

Financial Morning Report (June 4, 2024) 1. Gold Market The gold market was boosted as weaker-than-expected US PMI data increased expectations for a Federal Reserve rate cut. Gold prices returned to the 2350 mark, reaching a high of $2354.72 per ounce, with an intraday increase of over 1%. 2...

Forex beginners often start with intraday short-term trading. Here are ten key points to help you build an effective forex short-term trading system. 1. Trading Philosophy A trading system is the quantified representation of your trading philosophy. Short-term traders should establish the...

The essence of Forex trading lies in following the currency's movement to place trades, also known as trend trading. However, many beginners in the Forex market often have a lingering question: "I understand the importance of trading with the trend, but how do I even know what the current trend...

Financial Morning Post (31/05/2024) Foreign exchange USDX: The GDP data boosted interest rate cut expectations, and the dollar index retreated 0.433% to 104.68. The 10-year yield closed at 4.556 percent and the 2-year yield at 4.933 percent. EUR/USD: The euro held the 1.0800 level, refreshing...

In the world of forex trading, two major analytical approaches dominate: Technical Analysi: Relies on technical indicators and trading models. It's straightforward, cost-effective, and highly suitable for beginners. Fundamental Analysis: Based on financial theories and data analysis, requiring...

(30/05/2024) Financial Morning Report: The US dollar index rebounded, and the rise in US bond yields triggered a decline in global markets EUR/USD: The euro closed slightly lower. Pay attention to the pressure of 1.0950, and the support below is 1.0750. GBP/USD: The pound closed slightly...

The advantages of day trading: short time, small risk, quick profit, more suitable for Forex beginners. Let's take a look at the detailed day trading strategy. 01 Choose the currency pair Not all currency pairs are suitable for day trading. Currency pairs with high volatility and high...