Trend-Expert
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Risk Warning: Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks.
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My referral link with Blackbull Markets is

https://blackbullmarkets.com/en/live-account/?ib=2100080985
Follow the price movement

Most of us always want to be right. It's nice to open deals at the very beginning of the price movement and exit at the end of it. However, this happens quite rarely in real trading. There are many factors that make you make mistakes and make wrong decisions.

However, if we persist in being right, it will lead us to fatal trading mistakes, such as:

- Refusing to accept losses because you always want to stay right.
- Averaging, because you think that the price will return anyway, and you will be able to recoup your losses.
- Entering the market on emotions.

Therefore, it is best to calm down and just follow the price movement.

The resistance level is constantly being broken through by the price, which is making ever higher lows. We see an uptrend
My referral link with Exness trade is

https://one.exness-track.com/a/8k07yptxch
The threshold of 300% has been overcome. Congratulations to all investors with stable growth
The threshold of 400% has been overcome. Congratulations to all investors with stable growth. We believe that this is a good gift for the upcoming holidays
The main thing is not to lose.
What is a scam in Forex trading?
In the foreign exchange (forex) market, a scam is an attempt by an individual or organization to defraud traders by misrepresenting the true risks and potential gains of a particular trade or investment. This can take many forms, such as falsely promising high returns with low risk, manipulating software to generate losing trades, or failing to deliver on promised returns.

Scams in the forex market can be particularly harmful because the market is largely unregulated and it can be difficult for traders to know whom they can trust. It is important for traders to be cautious and to thoroughly research any investment opportunity before committing their funds. Some red flags that may indicate a potential forex scam include:

Unsolicited offers: Be wary of unsolicited offers to invest in the forex market, especially if they come from unfamiliar individuals or organizations.

High returns with low risk: Be skeptical of claims that promise high returns with little or no risk. In the financial markets, there is always some level of risk involved, and it is not possible to consistently earn high returns without taking on some level of risk.

Unregulated brokers: It is important to work with a regulated broker when trading in the forex market. Unregulated brokers may not follow the same standards of conduct as regulated brokers, and may be more likely to engage in fraudulent activities.

Pressure to invest: Be cautious of brokers or other individuals who try to pressure you into making a decision to invest without giving you adequate time to consider the risks and potential rewards.
Happy holidays to all of you. Let's start the New year with a haiku on the topic of forex trading

Forex markets swirl
In constant flux, trade by trade
Wealth ebb and flows on tides
👍1
On higher timeframes, support and resistance levels gain more strength.

It is important to pay attention to the nature of the price movement from the level:

If the price immediately turned from the level to the opposite trend, then this level can be considered significant.

If the price tests a certain area several times, making a small pullback, most likely, this level will be subsequently broken.

Swing zones are places where the price returns to the previous pullback in a downtrend or uptrend. If the trend is not very strong, the price usually tends to return to the border of the previous correction in order to then continue its movement.