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GBP/NZD buy. Interest Rate in UK - fundamental analysis + technical information
Today we buy positions on GBP / NZD. In line with the previous post and my expectations, the FED bankers confirmed no changes in fiscal policy. As a result, I go shopping and purchase currencies that have depreciated after Yellen's suggestion to raise interest rates. The 0.10 lot position ultimately
13K+ Total Reading! He is the Opinion Leader of April
There are many useful and interesting ideas that have emerged in the last month, among them,
's insights are the most noticeable. He posted 312 posts in April, which have 13,092 views, and the number are increasing. By constantly sharing his insights, he received a reward of 84
My first post. What you think?
I would look at a possible sell trade here IF: (1) price retests the newly created resistance and gets rejected (2) price does a breakout of this correction with strong bearish momentum e.g. bearish flag (3) If conditions 1 & 2 are met then I enter sell at the breakout with my
Profit taking on the stock market and buy USD/JPY
Janet Yellen messed up the markets a bit. In my opinion, what happened yesterday (the sell-off) was only profit taking for fear of a change in monetary policy. The yields of US bonds, which strongly depend on gold prices and the value of the USD, went up strongly. If there is a prospect of an intere
USDJPY We are at the top of a long term bearish channel. Always following market structure we can see we have higher lows and lower lows happening. Until we make a higher high I will continue to follow market structure. With this in mind I am on the l
Weekly Market Update (03 May 2021) – Fed not impressed by recent strong U.S. economic data
ByLCMS Traders FX Analysis Team MAY 3, 2021 (1) During its monetary policy meeting last Thursday, the Federal Reserve held interest rate unchanged at the targeted range of 0-0.25% while maintaining monthly bond buying at $120 billion. Despite the recent progress
Forex scalping Strategy To Grow Small Accounts Fast
What is Scalping?Scalping is a trading style that specializes in profiting over the small price changes and making fast profit by reselling. Scalping requires the trader to have strict exit strategy.It means In and Out in the market real quickScalping method: Rules:1. Works on GBPUSD only 2. Ma
GBP/USD trading scenarios
The recent decline in GBP / USD was related to the increase in the yield on 10-year bonds in the US. The discount was quite solid. Looking at the general market sentiment, the dollar is fundamentally weak. In the near future, I will be looking for long positions after this discount, according to the
Daily Forex Analysis – CAD & Crypto Currency Analysis (30 April 2021)
Daily Forex Analysis – CAD & Crypto Currency Analysis (30 April 2021) Check out the link below for the video a preview of next week's main news events is also a feature of discussion.
10:16 29/4/21. I have a weekend routine when the markets are shut and carry out a number of checks. These checks include an examination of the weekly candle to see if w...
He Gets 84 USD By Posting - Week Two Winner Announcement
There is a special content creator in our winner list this week,
, he is a systematic trend trader who joined FOLLOWME in June 2020. He posted more than 50 posts since April 22, he is really very productive, which also made him win 840 FCOIN in total(Worth 84 USD). In addition
Methods to help becoming a consistently profitable trader
Being a consistently profitable trader is against human nature my thoughts on how to combat this Below are the methods I have used and helped me progress as a trader: 1). Treat this like a business/work don’t be undisciplined with your trading, get too relaxed have a r
💰💰 BUY EURNZD 1.6740 SL: 1.6710 TP1: 1.6760 TP2: 1.6780 TP3: 1.6800 *Trading conditions may differ between account types and brokers. Signal Analysis by LCMS Trade...
💰💰 SELL GBPCAD 1.7396 SL: 1.7426 TP1: 1.7376 TP2: 1.7356 TP3: 1.7336 *Trading conditions may differ between account types and brokers. Signal Analysis by LCMS Trad...
EUR/USD Outlook (22 April 2021) Analysis by LCMS Traders Overall, EUR/USD is ranging across. Recently, EUR/USD bounced up from the key level of 1.20. The European Cent...