Which economic indicator do you follow most? π
Anonymous Poll
40%
Average Hourly Earnings (MoM) (Nov)
20%
Unemployment Rate (Nov)
80%
Non-Farm Payrolls (NFP)
πTopic: Weekly ATR Forex Indicatorπ
- The weekly ATR indicator for MT4 shows current and past ATR values on the weekly chart.
- Market volatility rises when the current ATR exceeds the previous one.
- Volatility drops when the current ATR is below the previous value.
βͺοΈBasic Trading Signals
The Weekly ATR Forex indicator needs to be combined with other technical tools in order to create a complete trading system.
π² IF YOU WANT THIS INDICATOR WITH INSTRUCTIONS PDF THEN DM US NOW Β» @forsol19
- The weekly ATR indicator for MT4 shows current and past ATR values on the weekly chart.
- Market volatility rises when the current ATR exceeds the previous one.
- Volatility drops when the current ATR is below the previous value.
βͺοΈBasic Trading Signals
The Weekly ATR Forex indicator needs to be combined with other technical tools in order to create a complete trading system.
π² IF YOU WANT THIS INDICATOR WITH INSTRUCTIONS PDF THEN DM US NOW Β» @forsol19
π¨ Attention Traders! weekly is filled with high-impact news that could cause a lot of volatility in the markets! π
Keep an eye on these key releases(GMT+00):
π½ Wednesday, December 11, 2024
13:30GMT Core CPI (MoM) (Nov)
13:30GMT CPI (MoM) (Nov)
13:30GMT CPI (YoY) (Nov)
15:30GMT Crude Oil Inventories
π½ Thursday, December 12, 2024
13:30GMT Initial Jobless Claims
13:30GMT PPI (MoM) (Nov)
@forsol19
Keep an eye on these key releases(GMT+00):
π½ Wednesday, December 11, 2024
13:30GMT Core CPI (MoM) (Nov)
13:30GMT CPI (MoM) (Nov)
13:30GMT CPI (YoY) (Nov)
15:30GMT Crude Oil Inventories
π½ Thursday, December 12, 2024
13:30GMT Initial Jobless Claims
13:30GMT PPI (MoM) (Nov)
@forsol19
π±TOP Forex Cent Accounts Brokers 2024π
- RoboForex - Best Forex broker for beginners ($10 min. deposit, copy trading)
- Moneta Markets - Advanced trading infrastructure (top tier data centers around the world)
- Pocket Option - Best for Social Trading (top rated service by customers)
- TeleTrade - Best for learning trading basics (a lot of educational and analytical materials)
- FxPro - Biggest choice of currency pairs (70+ FX CFDs)
- AMarkets - Best for traders requiring high-speed execution (30-50 ms on average)
- RoboForex - Best Forex broker for beginners ($10 min. deposit, copy trading)
- Moneta Markets - Advanced trading infrastructure (top tier data centers around the world)
- Pocket Option - Best for Social Trading (top rated service by customers)
- TeleTrade - Best for learning trading basics (a lot of educational and analytical materials)
- FxPro - Biggest choice of currency pairs (70+ FX CFDs)
- AMarkets - Best for traders requiring high-speed execution (30-50 ms on average)
Forsol Education
π±TOP Forex Cent Accounts Brokers 2024π - RoboForex - Best Forex broker for beginners ($10 min. deposit, copy trading) - Moneta Markets - Advanced trading infrastructure (top tier data centers around the world) - Pocket Option - Best for Social Trading (topβ¦
For beginners, a cent account is a great way to start trading forex. It operates in cents instead of dollars, making it similar to regular forex accounts but with smaller risks.
Introduced in 2006, cent accounts are ideal for learning without risking much money. For example, a $5 deposit equals 500 cents, allowing new traders to practice and build skills safely. @forsol_19
Introduced in 2006, cent accounts are ideal for learning without risking much money. For example, a $5 deposit equals 500 cents, allowing new traders to practice and build skills safely. @forsol_19
π’ Attention Traders! Todayβs market is buzzing with high-impact news, bringing potential for significant volatility! π
Keep an eye on these key releases(GMT+00):
β‘οΈ13:30GMT : Core CPI (MoM) (Nov)
β‘οΈ13:30GMT : CPI (MoM) (Nov)
β‘οΈ13:30GMT: CPI (YoY) (Nov)
β‘οΈ15:30GMT: Crude Oil Inventories
β‘οΈ18:00GMT: 10-Year Note Auction
Keep an eye on these key releases(GMT+00):
β‘οΈ13:30GMT : Core CPI (MoM) (Nov)
β‘οΈ13:30GMT : CPI (MoM) (Nov)
β‘οΈ13:30GMT: CPI (YoY) (Nov)
β‘οΈ15:30GMT: Crude Oil Inventories
β‘οΈ18:00GMT: 10-Year Note Auction
What's Your Prediction for XAUUSD Today?
π³ Vote now and share your insights!
π³ Vote now and share your insights!
Anonymous Poll
0%
Bullish π (Price will rise)
100%
Bearish π (Price will fall)
This table helps you decide the best option based on your experience and trading goals! π @forsol19
Traders, today is packed with high-impact news! π¨
Get ready for a busy day with key releases across multiple currenciesπ:
πΊπΈ13:30GMT - Initial Jobless Claims
πΊπΈ13:30GMT - PPI (MoM) (Nov)
Be alert on following time Β» @forsol_19
Get ready for a busy day with key releases across multiple currenciesπ:
πΊπΈ13:30GMT - Initial Jobless Claims
πΊπΈ13:30GMT - PPI (MoM) (Nov)
Be alert on following time Β» @forsol_19
πTopic:Wave Entry Alerts Forex Indicatorπ
The Wave Entry Alerts Forex indicator for MT4 identifies interesting price levels where a trend reversal might occur.
It will add an alert circle on the chart where the trend reversal might occur.
This indicator works the best when combined with simple candlestick patterns.
Trading Signals:
BUY:
β Green circle + alert signals a trend reversal. Confirm with candlestick patterns.
π Stop Loss: Below support.
π° Exit: At target or on a sell signal.
SELL:
π΄ Red circle + alert signals a trend reversal. Confirm with candlestick patterns.
π Stop Loss: Above resistance.
π° Exit: At target or on a buy signal.
β‘οΈIF YOU WANT THIS INSTRUCTIONS PDF THEN DM US NOW Β» @forsol19
The Wave Entry Alerts Forex indicator for MT4 identifies interesting price levels where a trend reversal might occur.
It will add an alert circle on the chart where the trend reversal might occur.
This indicator works the best when combined with simple candlestick patterns.
Trading Signals:
BUY:
β Green circle + alert signals a trend reversal. Confirm with candlestick patterns.
π Stop Loss: Below support.
π° Exit: At target or on a sell signal.
SELL:
π΄ Red circle + alert signals a trend reversal. Confirm with candlestick patterns.
π Stop Loss: Above resistance.
π° Exit: At target or on a buy signal.
β‘οΈIF YOU WANT THIS INSTRUCTIONS PDF THEN DM US NOW Β» @forsol19
πΊπΈπΊπΈ Key Events This Week: (GMT+00)
Monday, December 16
1. S&P Global US Manufacturing PMI (Dec) 14:45GMT
2. S&P Global Services PMI (Dec) 14:45GMT
Tuesday, December 17
1. Core Retail Sales (MoM) (Nov) 13:30GMT
2. Retail Sales (MoM) (Nov) 13:30GMT
Wednesday, December 18
1. FOMC Economic Projections 19:00GMT
2. FOMC Statement 19:00GMT
3. Fed Interest Rate Decision 19:00GMT
4. FOMC Press Conference 19:30GMT
Thursday, December 19
1. GDP (QoQ) (Q3) 13:30GMT
2. Initial Jobless Claims 13:30GMT
3. Philadelphia Fed Manufacturing Index (Dec) 13:30GMT
4. Existing Home Sales (Nov) 15:00GMT
Friday, December 20, 2024
1. Core PCE Price Index (MoM) (Nov) 13:30GMT
2. Core PCE Price Index (YoY) (Nov) 13:30GMT
@Forsol19
Monday, December 16
1. S&P Global US Manufacturing PMI (Dec) 14:45GMT
2. S&P Global Services PMI (Dec) 14:45GMT
Tuesday, December 17
1. Core Retail Sales (MoM) (Nov) 13:30GMT
2. Retail Sales (MoM) (Nov) 13:30GMT
Wednesday, December 18
1. FOMC Economic Projections 19:00GMT
2. FOMC Statement 19:00GMT
3. Fed Interest Rate Decision 19:00GMT
4. FOMC Press Conference 19:30GMT
Thursday, December 19
1. GDP (QoQ) (Q3) 13:30GMT
2. Initial Jobless Claims 13:30GMT
3. Philadelphia Fed Manufacturing Index (Dec) 13:30GMT
4. Existing Home Sales (Nov) 15:00GMT
Friday, December 20, 2024
1. Core PCE Price Index (MoM) (Nov) 13:30GMT
2. Core PCE Price Index (YoY) (Nov) 13:30GMT
@Forsol19
How long have you been Trading Education with Forsolconsultant ?
Drop your answer below!
Drop your answer below!
Anonymous Poll
0%
A. Since the beginning
0%
B. Less than 3 months
0%
C. 3-6 months
100%
D. 6-12 months
πTopic: Forex Calendar Indicator
The Forex Calendar indicator designed for MT5 is an excellent tool for staying ahead of various news events that may impact the currency market.
- Utilizing an economic calendar is of utmost importance for scalpers and day traders, but its significance may be relatively less pronounced for swing traders and long-term traders.
ππ»How To Buy And Sell Currency Pairs With The Forex Calendar Indicator?
- The indicatorβs function is limited to displaying past and upcoming news events; it does not provide buy or sell signals.
- Use it together with an existing trading strategy or buy/sell technical indicators.
ππ» IF YOU WANT THIS INSTRUCTIONS PDF THEN DM US NOW Β» @forsol19
The Forex Calendar indicator designed for MT5 is an excellent tool for staying ahead of various news events that may impact the currency market.
- Utilizing an economic calendar is of utmost importance for scalpers and day traders, but its significance may be relatively less pronounced for swing traders and long-term traders.
ππ»How To Buy And Sell Currency Pairs With The Forex Calendar Indicator?
- The indicatorβs function is limited to displaying past and upcoming news events; it does not provide buy or sell signals.
- Use it together with an existing trading strategy or buy/sell technical indicators.
ππ» IF YOU WANT THIS INSTRUCTIONS PDF THEN DM US NOW Β» @forsol19
βοΈ Advantages of Cent Accounts
Absolutely all the advantages of working on cent accounts should be considered from the side of differences between the standard account and the demo one.
It's much better to get a feel for the market if you place orders using real currency. Then if you do the same with virtual currency demo accounts. Quoting can be more accurate. Where a demo deposit doesn't show a tick, it can be on a live cent or standard account.
Every trader at the beginning of their career faces losses, so a minuscule amount of such a deposit gives an opportunity to decrease all the risks of losing capital due to a wrongly applied strategy as much as possible.
Using a small deposit one can really estimate the possibilities, which brokers provide. Familiarize yourself with the list of their services. Try out the speed of order execution, the peculiarities of trading platforms, the lack of slippage, the functions of personal accounts, and so on. And you will not risk a lot of funds.
For professional traders, such deposits allow trying out unusual trading methods and their own created trading robots, created by someone else in the real market, without fear of losing their savings.
Absolutely all the advantages of working on cent accounts should be considered from the side of differences between the standard account and the demo one.
It's much better to get a feel for the market if you place orders using real currency. Then if you do the same with virtual currency demo accounts. Quoting can be more accurate. Where a demo deposit doesn't show a tick, it can be on a live cent or standard account.
Every trader at the beginning of their career faces losses, so a minuscule amount of such a deposit gives an opportunity to decrease all the risks of losing capital due to a wrongly applied strategy as much as possible.
Using a small deposit one can really estimate the possibilities, which brokers provide. Familiarize yourself with the list of their services. Try out the speed of order execution, the peculiarities of trading platforms, the lack of slippage, the functions of personal accounts, and so on. And you will not risk a lot of funds.
For professional traders, such deposits allow trying out unusual trading methods and their own created trading robots, created by someone else in the real market, without fear of losing their savings.
βοΈDisadvantages of Cent Accounts
The main, and probably the only, disadvantage of the cent account is the dulling of the fear of losing deposit. There appears a certain negligence and overconfidence that can lead to unjustified risk and to the loss of dozens of deposits.
In forex trading, the psychology of trading is very important.
It turns out that a lack of restraint and fearlessness can lead a trader to fairly tangible financial losses, the recovery of which will be difficult and take much effort and time. But even such losses cannot be compared to such a loss that would occur if the trader works in a regular account.
Radically reconsidering one's strategy requires an approach that can be called unsuccessful . To find the error, it is recommended to go back a few steps and practice again in the framework of demo accounts. After all, the main rule of forex trading is the need to learn to take away, not to give. That's why first of all one has to practice well and learn to work "in the black", using a virtual demo account. And only when this skill is well established should one start trading on a cent account. And when trading on the cent account becomes successful, only then you can proceed to work with the deposit in dollars or euros.
The main, and probably the only, disadvantage of the cent account is the dulling of the fear of losing deposit. There appears a certain negligence and overconfidence that can lead to unjustified risk and to the loss of dozens of deposits.
In forex trading, the psychology of trading is very important.
It turns out that a lack of restraint and fearlessness can lead a trader to fairly tangible financial losses, the recovery of which will be difficult and take much effort and time. But even such losses cannot be compared to such a loss that would occur if the trader works in a regular account.
Radically reconsidering one's strategy requires an approach that can be called unsuccessful . To find the error, it is recommended to go back a few steps and practice again in the framework of demo accounts. After all, the main rule of forex trading is the need to learn to take away, not to give. That's why first of all one has to practice well and learn to work "in the black", using a virtual demo account. And only when this skill is well established should one start trading on a cent account. And when trading on the cent account becomes successful, only then you can proceed to work with the deposit in dollars or euros.