A trader will use this chart to determine if the xauusd prices are moving upwards or downwards. A trader will then use this trend direction of prices to determine if they will open a buy xauusd trade or a sell xauusd trade. In anupward trendtraders will openbuytrades because prices are ...
EA_Agastya XAUUSD D1 chart (default set file) Download EA Normal EA EA_Alligator 2024.12.05 EA_Alligator Entry Conditions: – Enter the trade when 3 lines are perfectly aligned in Order – Due to trend volatility, it’s recommended to take smaller Take Profit (TP) levels – Use a Traili...
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Gold trading is becoming very popular. Investors are looking to invest in precious metals as they are rewarding. However, you need a good trading strategy before investing in this kind of trade. There are diverse strategies when it comes to gold trading, thou they demand a technical analysis. ...
How To Trade Key Chart Levels in Forex - Key market levels are the core foundation of all technical analysis and price action trading. By focusing on the raw price dynamics and key levels in a market, we can remove the clutter and confusion that so many
As we always say, never rely on one tool or indicator to decide your trades. Rather, let your tools come together to give you a trading signal. The same applies to using the COT report to trade forex. Don’t use it in isolation. Instead, use it in combination with your technical anal...
If the black line crosses above the green line, then it’s a reversal signal. You should look at the chart to decide, which direction you should trade in: You can use a delta chart to catch the burst Forex income more easily. Each green delta bar with the value more than 2% can be...
In the USDJPY example below, we are looking at all “key levels” because I did not see any that I considered to be short-term levels. The reason being, every level I’ve drawn in has created a significant turning point. The USDJPY most recently has been breaking higher, and if...
Chickened out the first trade and gave 8 pips to the marketNZDUSDM15.pngWell a candle closing above/below the extreme of the previous candle creates a break-out. A break out is where many people enter the market. If many of the people enter the market near that break-out then that is...
XAUUSD Gold price is moving in an Ascending channel and the market has reached the higher high area of the channel. And These expectations are analysts more hopes due to Higher inflation and Volatility happening in the markets. Gold is the perfect hedge for Non-Bearing assets, and inflation ...