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 ...
You can calculate your pip monetary value by multiplying your capital size with 0.0001. Every time you trade-in Gold and the market favors you; you earn $1.00 in every pip movement. Pips are your spreads. However, they may vary according to your broker. In the same way, if the market ...
How to learn to trade successfully? Forexgann.com courses are designed for your current training level. Whatever it is. Starting from trading newbies to the most advanced, you will learn Powerful Strategies for Online Trading through the application of the WD Gann and Hedging technique with Call...
Today’s Forex trading lesson contains trading strategies that you can put to use immediately in the markets.We are going to discuss how to trade price action from key levels in the Forex market. Key levels occur in a variety of market scenarios, and we can combine these key market le...
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...
The USDCAD daily chart below shows us a good example of the “value” concept that I discussed in the last example. Note how price formed that area of consolidation or “value” marked on the chart below, and then later price retraced back up to it and found resistance exactly at ...
Gold: FED expected to rise 50Bps as Poll results increased hopes Gold prices are surging as FED will do 50bps rate hikes as Polls suggested from 8 to 24% in March and tension between US and China. XAUUSD Gold price is moving in an Ascending channel and the market has reached the high...