Do you trade on mobile devices? I often see statements from mobile platforms, but i don't get it. How can you trade without a full chart with drawing tools, indicators or other info you rely on when making trading decisions. Or is there a trick? 🙂
A.
A.
EURUSD situation so far.
1️⃣ Most likely we'll see the formation of some sort of triangle pattern.
2️⃣ Sellers are actively entering the market at current levels. This will push the price upwards.
3️⃣ However, stop loss cluster may be triggered before the price will start building the formation.
#analytics
1️⃣ Most likely we'll see the formation of some sort of triangle pattern.
2️⃣ Sellers are actively entering the market at current levels. This will push the price upwards.
3️⃣ However, stop loss cluster may be triggered before the price will start building the formation.
#analytics
FXSSI - Sentiment Trading - Forecasts and Analytics
EURUSD situation so far. 1️⃣ Most likely we'll see the formation of some sort of triangle pattern. 2️⃣ Sellers are actively entering the market at current levels. This will push the price upwards. 3️⃣ However, stop loss cluster may be triggered before the…
GPBUSD similar situation.
Stop loss cluster at 1.1100 may be triggered before the price breaks through the local low at 1.1000
#analytics
Stop loss cluster at 1.1100 may be triggered before the price breaks through the local low at 1.1000
#analytics
FXSSI - Sentiment Trading - Forecasts and Analytics
EURUSD situation so far. 1️⃣ Most likely we'll see the formation of some sort of triangle pattern. 2️⃣ Sellers are actively entering the market at current levels. This will push the price upwards. 3️⃣ However, stop loss cluster may be triggered before the…
#forecast: Sell NZDUSD - Daily forecast. Forecast Details: https://fxssi.com/nzdusd-daily-forecast-for-11-oct-2022
#forecast: Buy USDCAD - Daily forecast.
Forecast Details: https://fxssi.com/usdcad-daily-forecast-for-12-oct-2022
Forecast Details: https://fxssi.com/usdcad-daily-forecast-for-12-oct-2022
#forecast: Buy USDJPY - Daily forecast.
Forecast Details: https://fxssi.com/usdjpy-daily-forecast-for-14-oct-2022
Forecast Details: https://fxssi.com/usdjpy-daily-forecast-for-14-oct-2022
#forecast: Sell AUDUSD - Daily forecast.
Forecast Details: https://fxssi.com/audusd-daily-forecast-for-17-oct-2022
Forecast Details: https://fxssi.com/audusd-daily-forecast-for-17-oct-2022
Where are you now in your trading career?
Anonymous Poll
12%
I'm new
8%
Styding but not trading
12%
Trading on demo
40%
Trading with small deposit or cent
28%
Trading serious deposit
#forecast: Buy USDCHF - Daily forecast.
Forecast Details: https://fxssi.com/usdchf-daily-forecast-for-20-oct-2022
Forecast Details: https://fxssi.com/usdchf-daily-forecast-for-20-oct-2022
FXSSI - Sentiment Trading - Forecasts and Analytics
Where are you now in your trading career?
👆There's a lot of serious guys here with us. It's impressive. 😎
FXSSI - Sentiment Trading - Forecasts and Analytics
EURUSD situation so far. 1️⃣ Most likely we'll see the formation of some sort of triangle pattern. 2️⃣ Sellers are actively entering the market at current levels. This will push the price upwards. 3️⃣ However, stop loss cluster may be triggered before the…
Turning back to this Triangle pattern on EURUSD from a few posts above.
First, we have the price moved to it's upper boundary as was expected. That's good.
Second, for sure EURUSD price will go downwards, but before that, I expect the price to hit the local high, marked as 1️⃣ on the chart, one more time. Currently there is no strong bearish signal in📙 OrderBook. We need a trap for bulls first, before the price will start it's bearish rally.
After that, I would expect the price to break through the bottom line of the triangle pattern up to the local low 2️⃣.
Note, that situation can change over time.
A.
#analytics
First, we have the price moved to it's upper boundary as was expected. That's good.
Second, for sure EURUSD price will go downwards, but before that, I expect the price to hit the local high, marked as 1️⃣ on the chart, one more time. Currently there is no strong bearish signal in
After that, I would expect the price to break through the bottom line of the triangle pattern up to the local low 2️⃣.
Note, that situation can change over time.
A.
#analytics
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#forecast: Sell XAUUSD - Daily forecast. Forecast Details: https://fxssi.com/xauusd-daily-forecast-for-21-oct-2022
#forecast: Sell USDCHF - Daily forecast.
Forecast Details: https://fxssi.com/usdchf-daily-forecast-for-26-oct-2022
Forecast Details: https://fxssi.com/usdchf-daily-forecast-for-26-oct-2022
You do it on purpose!
And here is why.
Lets say you have a strategy. Making trades according to it's signals grants you more than 50% of profitable trades. That's good and this is the most pleasurable scenario when trading forex. But what if you strategy provides you with less than 50% of profitable trades? And... That's good too, because you can turn it to profitable just by trading opposite to the signals.
This leads us to the following conclusion: you can't lose in more than half of the trades. It's similar to tossing the coin. Either you will get 50 to 50 heads and tails, or you know some trick how to make sure that the coin falls on the right side. So you'll toss this side more often.
So why do most traders lose money?
You can assume that we didn't take into account the trading fees in the above statements, but that's not the case.
Traders lose money because they break out the money management rules they've set by themselves. For example, if you risk 100% in each trade, even if you are very good in predicting the price movement, anyway you will lose sometime and you'll lose all of the money. Classic 100%+100%+100%-100%=0.
To sum it up: You won't ever lose if you don't use averaging in trading or increase the amount of risk in new trades compared to the previous ones, i.e., lose on purpose. If you risk 1% of deposit in each trade, most likely you'll stay in the game for a very long time.
#insights
And here is why.
Lets say you have a strategy. Making trades according to it's signals grants you more than 50% of profitable trades. That's good and this is the most pleasurable scenario when trading forex. But what if you strategy provides you with less than 50% of profitable trades? And... That's good too, because you can turn it to profitable just by trading opposite to the signals.
This leads us to the following conclusion: you can't lose in more than half of the trades. It's similar to tossing the coin. Either you will get 50 to 50 heads and tails, or you know some trick how to make sure that the coin falls on the right side. So you'll toss this side more often.
So why do most traders lose money?
You can assume that we didn't take into account the trading fees in the above statements, but that's not the case.
Traders lose money because they break out the money management rules they've set by themselves. For example, if you risk 100% in each trade, even if you are very good in predicting the price movement, anyway you will lose sometime and you'll lose all of the money. Classic 100%+100%+100%-100%=0.
To sum it up: You won't ever lose if you don't use averaging in trading or increase the amount of risk in new trades compared to the previous ones, i.e., lose on purpose. If you risk 1% of deposit in each trade, most likely you'll stay in the game for a very long time.
#insights
#forecast: Buy GBPUSD - Daily forecast.
Forecast Details: https://fxssi.com/gbpusd-daily-forecast-for-31-oct-2022
Forecast Details: https://fxssi.com/gbpusd-daily-forecast-for-31-oct-2022
#forecast: Sell USDCHF - Daily forecast.
Forecast Details: https://fxssi.com/usdchf-daily-forecast-for-08-nov-2022
Forecast Details: https://fxssi.com/usdchf-daily-forecast-for-08-nov-2022
#forecast: Buy EURUSD - Daily forecast.
Forecast Details: https://fxssi.com/eurusd-daily-forecast-for-14-nov-2022
Forecast Details: https://fxssi.com/eurusd-daily-forecast-for-14-nov-2022
#forecast: Sell USDCHF - Daily forecast.
Forecast Details: https://fxssi.com/usdchf-daily-forecast-for-16-nov-2022
Forecast Details: https://fxssi.com/usdchf-daily-forecast-for-16-nov-2022
Hey, guys!
Just a quick reminder: Black Friday is coming, and we are preparing a nice offer for you.
Make sure you leave a spot for FXSSI on your “shopping list”.😉
#youask
Just a quick reminder: Black Friday is coming, and we are preparing a nice offer for you.
Make sure you leave a spot for FXSSI on your “shopping list”.😉
#youask