forex | Forex Trader Portal

Should I leave deals for the weekend?

January 21, 2019 by Michael Leave a Comment

Cheers, collegues forex traders! A question that sooner or later begins to bother everyone who trades on D1 and H4 timeframes. Disputes about whether to leave open positions for the weekend, have been active for a long time. Traders have divided into two opposing camps – some believe that it is necessary to strictly follow … [Read more…]

What You Should Know about Forex Trading on Friday

October 8, 2018 by Michael Leave a Comment

Hello ladies and gentlemen, Forex traders! Friday. A relaxed day, when the mad weekend is ahead, after which the working Monday will come. How does this affect the market? How do big players behave on this day? Who leaves positions for the weekend, taking risks? Today we will figure out what to remember when trading … [Read more…]

Cayman Indicator – alone against the crowd

June 4, 2018 by Michael Leave a Comment

Hello, fellow forex traders! We all know that most of the market crowd is usually wrong. Using different metrics, all technical indicators try to express the sentiment of the crowd for understanding where the market will go. As a rule, the main reference point for this in the foreign exchange market is the price, as … [Read more…]

Extra Report Pad Indicator— Myfxbook in your terminal

April 14, 2018 by Michael Leave a Comment

There is a wide range of custom indicators for Forex, starting from the simplest ones, slightly improved versions of standard tools like Stochastics or RSI, and ending with complex systems, which algorithm may seem even too difficult for some programmers. However, in all this variety there are not so many tools that analyze not the … [Read more…]

Rubber Band Trading Strategy— when the Flat is your friend

April 2, 2018 by Michael Leave a Comment

Despite the fact that 70% of the time the market is in a flat state, most strategies for trading on Forex are trendy ones. Thus, ignoring the movement of prices in the outset, traders use only 30% of the trading potential of currency pairs. To help novice forex traders to work in the market more … [Read more…]

Ichimoku Kinko Hyo: indicator and a trading strategy

February 19, 2018 by Michael Leave a Comment

Many players in the Forex market have tried and are trying to find a win-win trading system. But, for those who are familiar with the Game theory, it is obvious that absolutely no-lose options for working in financial markets do not exist. It is possible only on the one hand to try to reduce risks, … [Read more…]

Reversal strategy for every day

January 31, 2018 by Michael Leave a Comment

Hello ladies and gentlemen! Today we will talk about the system that doesn‘t have any unique name. Simple Daily Trend Reversal Trading System. Despite the name, the system is interesting. As you can guess, the system is made for catching reversals of the trend movement, while reversals, as you know, can give high profits. The … [Read more…]

Graphical analysis on Forex – what is it?

December 18, 2017 by Michael Leave a Comment

As you know, about 90% of the information about the world around us is obtained with the help of vision. At the same time, huge work on correcting errors of different levels of perception is done at a subconscious level, and we are aware of the already processed data array. In some cases, this can … [Read more…]

Psychological Price Levels

December 13, 2017 by Michael Leave a Comment

Greetings to all visitors to our Forex portal! Today we will talk about the psychology of the crowd, the price levels that attract the bulk of traders, and what we do with all this – at what levels to pay attention to and how to properly place orders for entering/exiting the market. And, I will … [Read more…]

How to apply Elliott Waves in Forex

October 30, 2017 by Michael Leave a Comment

Good afternoon, fellow forex traders! Today, by your request, we’ll talk about Elliott Waves. A long time ago in a distant America lived a man called Ralph Elliott. Analyzing the market on long winter evenings, he developed the concept of the fractal nature of the market. Several generations of traders have changed, but his theory … [Read more…]