Forex Trading for beginners Signal service Or Manual Trading

Hi Traders, Its quite a while since I have updated the blog but I always prefer in quality rather than quality to keep people updated and I have decided that From Now on I would update Eur/Usd chart twice in a week on daily and Hourly chart and that would be totally free and you just need to subscribe to the blog.

I have been asked so many times that why did not I start signal service, But my reply to all them who asked me for personal Mentorship or signal service would be "No". I always try and maintain a quality and keep things straight and simple as It is in really life and Trading is no different from Life as there is always discipline and patience to growing profit and confidence. As far as signal service is concerned, I never got to believe that If there is any benefit of Signals or If service provide is that good then why don't they just keep trading themselves and why they charge others while they are so good and that is why It is for me always a waste of time.

Forex One to One Mentorship

As far as Personal guidance is concerned, I don't think I have taken something hidden which I have not posted and Not been able to clear each and every point that is right in my knowledge and those who still want videos then Please subscribe to You tube channel to keep things more clarified. That is all I would like to mention to those who want to spend their hard earned money on learning something which is totally free and there is nothing that can be taught elsewhere because only thing that matters is you approach and If you are willing to succeed and Have right approach and Know your strengths then You are sure to succeed no matter how much time it takes you to finally get your niche.

Few Trade Setups

Price Action Buying and selling Countertrend moves

Lets' have a look at Eur/usd chart first

Hi viewers,

How it is going since I have not posted quite a while as the schedule was very busy in the past few weeks.

Most of the traders would have been aware of what is Rotation center violation which is a good clue of trend changes specially on shorter time frames and when price is going up and down and finally get a direction which is counter-trend but still consider to be strong enough after rejection from a level several times, then this type of movement is called "Rotation Center Violation", and this should be a part of kept in mind that overall larger trend does not matter while trading counter-trend moves on shorter time frames.

As trading supply and demand gives you good reward for your risk and potential is way more than trading higher time frames which requires huge stops but still we might pick up an entry late in Overbought and Oversold or sideways market.

Supply and Demand Concept of Passive Sellers

Trading is all about opportunities and when you so much favoring in one direction then I don't think you need anything to go with that direction. Same is about the passive sellers concept. It often happens when we have seen trend is strong and Price go once and forth for whole day or even days and then we keep finding the support all the time and this activity is known as "Neutral Day".
Trading is all about buying low and sell high but this does not means that we should keep selling with upside breakout as it is very risky but when we have such strong trend followed by passive behavior by sellers then we should see the overall context about how buyer behave when a particular demand level is tested and that chart which I have posted below is a clear example that market is awaiting big news and small activity can turn to strong candles if it is favored as expected.

It is just an assumption as trading largely depends on large players and how they move the market and we just need to sit and watch the price action and trade accordingly.

How to Trade Breakouts And Fadeouts in Forex

Hi Viewers,

As it is clear from the Post Title that this post is about "How to trade breakouts and fadeouts", because its primarily responsibility of a trade to be well versed with all the technical portion of trading and "breakouts" is at the top of the list. As there are lot of reasons that we may or may not trade that breakouts, I would point out few of them that when you should look to trade or when you should leave those breakouts.

Failed Breakout

The first reason that you should avoid trading is failed breakout and then again looking to trade the opposite way where breakout happens. Failed breakouts is that when price breakout through a range where buyers and sellers battle seems to be at equal level and when price break from the range it retreats back to the range and then it is known as failed breakout. The main reason is to look for what is the overall trend and if that breakouts happen within the trend then the length of breakout candle or it is unusual volatility spike. It is know as failed breakout of the range. As I have mention in my last post that if a trend is matured enough and first sell-off offers pullback entries and the range breakout fails on the next candle then it is usually a trap offer by the bulls and One must think about going long as there are several reasons that trend will reverse. For those who did not look at my earlier post must consider to have a look at it here

Volatility Breakouts

Most of the readers of the blog might have been aware of this concept "Volatility Breakouts" which means unusual spikes out of the ranges also know as elongated candles. In this concept price action is very volatile either due to any unexpected event or lot of new cash fund inflows into the market or a single player or institution dominate the market price and It most of the time lacks momentum on next few candles and traders got trap into the range and when one see such unusual elongated candles out of the range then Price can roam around that candle for few session or even days and that type of candles often work as vaccum in the market and lot of sell stop or buy stop orders might be waiting on the top or below of the candles, So we should always avoid trading these type of Strong candles and wait for further price action specially when it happens on higher time frames as it almost impossible to calculate the risk on such strong breakouts.

From time to time I have posted on my blog that what type of breakouts we should consider taking and type of breakout we should avoid but from know on I would post on weekends of possible setups that we should consider taking a trade if or not that breakout might succeed. I would urge all my readers that they subscribe the blog for every updates as they will receive all the updates through mail in to their box.

Swing trading -- How to trade mature trrends Or Reversals

Hi traders,

Its quite a while since I have posted an example of "How to trade Mature trends", and recent I have manage to give you best example of the lost and that is Usd/cad. Time frame is hourly and trend is very strong and we have seen possible "accumulation",Prior to start of trend. Then we have seen strong Higher highs and then resumption of trend and we can't go short without and strong sell-off or any strong pattern.

Because of the fact whenever an opportunity arrives in strong trend to trade reversal then it comes quickly and gives you no time to enter and we need strong IQ level to spot and trade such reversals and we should not be confused and understand and read the situation pretty well.

As we have seen in the above chart that price has already looking for space to reverse and trade who trade breakouts look for pullback entries in such strong trend look to cover quickly after breakout of the low range. But price always give clues when it is about to reverse and that is what we need to spot. We don't need to complicate trading as we need to sort out few things to trade as I have used RSI to filter where we can that it was in the neutral area and declining and capped by a falling trendline but I only use RSI as filter and all the trade was based on Context which give us final clue when we see a strong bullish Engulfing at the top of the range and failure by couple of dozi candles after that Bullish Pattern.