Sell Gold @1741.5-1744.5
Sl : 1746.5
Tp1 :1740
Tp2 : 1737
Enter Slowly-Layer with proper money management
Sl : 1746.5
Tp1 :1740
Tp2 : 1737
Enter Slowly-Layer with proper money management
So… what’s the difference?
Fundamental Analysis Trader 📊
Fundamental analysis trader (FA) is a trader with takes the market prediction using high impact news which covers economical, geopolitical or currency policies of a given country.
FA will analyse the data of a given country and judge based on what gives impact to the currency no matter how small or big.
Technical Analysis Trader 📈
Technical analysis trader (TA) is a trader which precits the market using chart analysis like taking price action in the area or using specific indicators like Supply & Demand (S&D), Support & Resistence (S&R), Trendline (TL), Moving Average (EMA), Relative Strength Index (RSI) and many more.
TA will only analyse a chart based on price action, pattern candlestick (CS) or with the help of indicators readily available on the trading platform (MT4/ Metatrader 4)
Fundamental Analysis Trader 📊
Fundamental analysis trader (FA) is a trader with takes the market prediction using high impact news which covers economical, geopolitical or currency policies of a given country.
FA will analyse the data of a given country and judge based on what gives impact to the currency no matter how small or big.
Technical Analysis Trader 📈
Technical analysis trader (TA) is a trader which precits the market using chart analysis like taking price action in the area or using specific indicators like Supply & Demand (S&D), Support & Resistence (S&R), Trendline (TL), Moving Average (EMA), Relative Strength Index (RSI) and many more.
TA will only analyse a chart based on price action, pattern candlestick (CS) or with the help of indicators readily available on the trading platform (MT4/ Metatrader 4)
1. Scalper Trader
In general, Scalpers always take small profits in short periods and smaller pips if compared to other traders.
Scalpers usually take profit in less than 2 hours with a pips count of around 15-30 pips
2. Intraday Trader
Intraday traders will leave their position running less than 24 hours in a day before they close or realise their profits.
Total targeted pips usually roam around 50-100 pips
3. Swing Trader
Swing traders are rare traders and more experienced as swinging one position is not an easy feat for new traders.
In executing a swing position, a trader must have a high level of patience to wait for the best setup to enter. They usually hold their positions for days, weeks, months and sometimes in a year.
Total pips targeted is usually above 100 pips!
In general, Scalpers always take small profits in short periods and smaller pips if compared to other traders.
Scalpers usually take profit in less than 2 hours with a pips count of around 15-30 pips
2. Intraday Trader
Intraday traders will leave their position running less than 24 hours in a day before they close or realise their profits.
Total targeted pips usually roam around 50-100 pips
3. Swing Trader
Swing traders are rare traders and more experienced as swinging one position is not an easy feat for new traders.
In executing a swing position, a trader must have a high level of patience to wait for the best setup to enter. They usually hold their positions for days, weeks, months and sometimes in a year.
Total pips targeted is usually above 100 pips!
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HOW WE TRADE ONLY TO MAKE PROFIT NOT TO LOSE ✅