Blog is about Forex Trading for beginners. . Build forex trading strategies and make a living with Forex Trading.supply and demand price action, supply and demand zones, Price Action Techniques & learn to trade like banks and institutions
First of all, Happy New Year 2016 to People all over the world and my blog readers. Year 2015 is the strongest of the last decade as We have some policy changes from China, Japan and Europe and the Strongest Economy which drives the Market United State of America known as Fed.
But this also a Fact that I am not a fundamental lover, despite being the fact these are crucial trading decision which always keep the volitality on check and this brings risks as U.S is the only economy which is growing out of all other Dollar Counterpart.
This Post is based on My setups and strong trading decisions which is the reason why I have been working so hard to keep the things together and maintain quality which help everyone of us amongst the best of the hurdle trying to make money based on Strong technical Analysis.
Entry and Exit Most Important Factors in Currency Trading
Christmas Holidays have made the forex market a bit lazy or You can say trends do tend to go sideways and funds have been not put on line to push the price through important barriers.
Meanwhile I have decided to put my best of the trades in spotlight in order to tell you what I was risking and what I get and overall of very good year even When Price Action on most of the pairs were choppy in the last quarter, But Still I made some good pips as I always try my best to keep you all updated about any trade setup except few which were quite quick to behave.
Trade sentiment is somewhat differ from Trader's Sentiment or mindset
However, we always can say that when We trade we should have confidence what decisions we made and back them with proper entry and exit rules, which I think more important than what we feel while we looking to make some strong statements about our observing power.
* My recent Gbp/jpy Trade
A brief explanation has been posted below about the gbp/jpy trade which was trending all the way from highs of 191.00 to 178.00 and I pick some strong entries on h4 chart and same were posted on the blog and I am doing it over again.
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Australian Dollar Another Short Signal in Bearish Market
We have seen so heavily selling in commodity market amid Chinese slowdown and hence riskier assets currency like Australian, Canadian and NewZealand Dollar selling has given traders numerous opportunities to bag lot of pips and It was much awaited after Gold market has witness a strongest bearish run in the last decade or so.
I have pin point each and every swing and supply and demand levels in the chart which have open way for the pair to give us very low risk reward opportunity and after there as rejection at top, we have few price action setups which tells us why we should always look for retest of previous supply levels to see If price could fake after engulf or create another level of importance.
My Recent Trade Videos List
Here's a list of my recent trade list which tells us that we can really wait for our turn after there are rejection and engulf at crucial levels. Do watch them all for price reading edge and Don't forget to leave a comment for better response.
Price Action with supply and Demand and Fed Decision
Its been quite a while since I have keep my blog updated but due to my busy schedule i was unable to spend time with my blog readers and hence this is the reason for not updating time but now, I am going to keep it updated with regular intervals
Fed Decision and Australian Dollar Response
Even though we see Drop base and rally are not most important price patterns in measuring demand but it is not the one to ignore and We have seen some patterns in recent charts that really signalling reversals ahead of recent Engulfs.
