Tag - forex trading

The trend in the scenario above is clearly bearish. We have also had a recent break of structure at the marked horizontal arrows, which means we can expect price to react from the supply zone that broke the structure.

The US Dollar has been remarkably sluggish for the past few weeks despite being within a distinct Demand zone…

Hello, my beautiful readers. This week, we continue our critically detailed look at the markets in hopes of getting profitable trading opportunities. As usual, I'll be starting with the DXY (US Dollar Index) since it holds considerable sway over the Major currency pairs.

The views here are solely based on Technical Analysis techniques using my personal Smart Money approach. Hence, it is important to understand that the trading of CFDs comes at a risk; if not properly managed, you may lose all of your trading capital. To avoid costly mistakes while you look to trade these opportunities, be sure to do your own due diligence and manage your risk appropriately.

Even though we've only witnessed sluggish movements from the Dollar over the past few weeks, the general idea and bias still seem intact and untampered. The bullish impulse however can be seen as "searching for support".

It is general knowledge that the Major currency pairs are pairs that have the US Dollar as either the base or quote currency. As a result, our trade ideas for major pairs will begin first with an analytical review of the US Dollar chart.

We live in times when trading has become a constant part of our lives.

We live in times when trading has become a constant part of our lives.

One of the most important elements of successful Forex trading is money management.

Trading requires managing several important things.

Struggling with making the first steps in trading with FBS? This article is for you!

Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).