I will be pinning a lot of information which may be helpful for beginner traders , as there will be a lot of information being dumped on this channel and many people would like to find a summary of quality information.
Go through all pinned messages or you can just scroll to the top and make your way through 👌
Go through all pinned messages or you can just scroll to the top and make your way through 👌
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FVG = Fair Value Gap / Imbalance
It is when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint. For sellers to complete their trades, there must be buyers and vice versa; when the equation is slanted too heavily in one direction, it creates an imbalance.
This creates a gap between candles and this must be filled and gold uses this well as it targets these areas to gain liquidity, can be useful to buy and sell in these areas as you often get a reaction as seen on the second image a trade I took with the VIPs today👌
It is when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint. For sellers to complete their trades, there must be buyers and vice versa; when the equation is slanted too heavily in one direction, it creates an imbalance.
This creates a gap between candles and this must be filled and gold uses this well as it targets these areas to gain liquidity, can be useful to buy and sell in these areas as you often get a reaction as seen on the second image a trade I took with the VIPs today👌
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Forwarded from AwaisFX ⚡️
#ForexLearning - Alot of people have asked me how a support line becomes a resistance line how where will the price go next so i made this quick demonstration on how #USDCAD broke its support level and retested and we entered the sell on the retest
For more forex learning tips just click this => #ForexLearning
For more forex learning tips just click this => #ForexLearning
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AwaisFX ⚡️
#ForexLearning - Alot of people have asked me how a support line becomes a resistance line how where will the price go next so i made this quick demonstration on how #USDCAD broke its support level and retested and we entered the sell on the retest For more…
This was an old post I posted a few years ago but now I also can see when price retested the support we had FVG fill and also it was an orderblock retest.
Crazy how our knowledge increases overtime it’s all about growth and this takes time. Make it worthwhile as it can pay you for life 🙏🔥
Crazy how our knowledge increases overtime it’s all about growth and this takes time. Make it worthwhile as it can pay you for life 🙏🔥
For those who want to calculate their risk per trade , for a funded account with 5% max daily loss you would want to risk 1-3% per trade so you would risk around $100-$300 for a 10k account , the lots you can figure out on a forexcalculator depending on your SL size
If you do this and have great risk to reward ratio this should help with your fear of entering and allow you to stress less as you know how much you are risking , do the same for small accounts also - 1-3% per trade is the way to go.
https://www.myfxbook.com/forex-calculators/position-size/XAUUSD
If you do this and have great risk to reward ratio this should help with your fear of entering and allow you to stress less as you know how much you are risking , do the same for small accounts also - 1-3% per trade is the way to go.
https://www.myfxbook.com/forex-calculators/position-size/XAUUSD
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Forwarded from ICT_Leaked_Courses
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AwaisFX Learning Channel
https://youtube.com/playlist?list=PL4rz_XVvnXH_tCoh7hyASFi4VHO0k5Rwz
Many members want to get their head around how gold moves , it usually locates and targets LIQUIDITY
Watch the videos within this playlist and trust me you will start to see gold a different way 🔥
Watch the videos within this playlist and trust me you will start to see gold a different way 🔥
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