Welcome FXGears' Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat.
New Forex Trade Idea (Monday 8/20/18- USDCAD; Sell Limit)
The trade idea is selling U.S Dollar (USD) vs Canadian Dollar (CAD)... betting that USD will lose strength vs CAD... the trade idea was generated by another member in the group and is an idea only. I don't generate the forex trade ideas (just the basic crypto ones (BTC/USD; and ETH/USD). That being said: Symbol: USD/CAD Status: deploying 2% risk on 1k account (maybe) Time Called: 1:45 p.m (Monday 8/20/18) Time Frame: H4 Type: Sell Limit Entry Price: 1.30750 SL: 1.30950 TP 1: 1.30500 TP2: 1.29750 TP 3: 1.29000 Would take no more than 2% here on a 1k account to start... Will update when/if entered. Already have a NZD/CAD trade in from last night... so there is correlation taking another trade that involves Canadian dollar. The current trade active has NZD gaining strength against CAD.
Time Frame: H4 Type: Buy by market Enry Price: 0.86500 Date/Time Called: Monday 8/20/18 (2:00 a.m) SL: 0.86087 TP 1: .86800 TP 2: 0.875 TP 3: .8810 Idea only... called by Good Life Smurf... modified some points slightly may put in a very low risk trade just to follow along... no more then 2%... but must sleep soon here at 2 a.m... .02 deployed at 0.8647 ($6 risk hah... will deploy another .04 to hold longer with a tp 2... and layer in one more .04 if its going well tomorrow)... done and done... zzz... update brews to go. Risk for this is $18.89... or about 1.8% risk on this 1k trading account... any idea that isn't generating by yourself (it's a decent idea to keep below 2%; and just play along)
[FOREX Real Money Balance Update] After depositing $496 into my Forex Account at the beginning of this month, today I officially doubled my account balance and crossed over $1k due to $443 in Net Profits this month. I still have 1 more trade idea tomorrow, but I'm proud of my accomplishments so far!
ActionForex.com was set up back in 2004 with the aim to provide insight analysis to forex traders, serving the trading community over a decade. BabyPips.com helps individual traders learn how to trade the forex market. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey. Originally, I had always felt that FOREX was risky and similar to gambling, however after being invited by Mr Rayn to a workshop on FOREX, I felt that my view on FOREX might be mis-informed and that prompted me to join the Trade Ideas Live (TIL) to understand more. Forex technical analysis on currency pairs throughout the week, as well as share learnings and provide feedback on how the tools improve their trading. Forex trading, the foreign exchange business is global and of course, decentralized for traders. If you have the discipline, risk control, courage, and astuteness you are made for this business. Today, we are recommending some of the catchy forex trading names for beginners.
Forex Weekly Trade Ideas (Top Down Analysis) - YouTube
Trade Ideas Day Trading Scanner Lay Out setup for Beginners or really anyone at all that is interested in setting up their Trade Ideas scanner to look just l... Welcome to another weekly trade ideas video. Will the USD strength continue even this week? In this weekly Forex overview, I've done a Top-Down Analysis on t... Hello Traders! In this Weekly Trade Ideas Video: A top-down analysis of all currency majors: EURUSD possible bullish continuation. GBPUSD At key resistance a... Hello traders! In this Weekly trade ideas video, I am covering the Forex majors such as EURUSD 06:36, GBPUSD 09:09, USDJPY 14:29, USDCAD 17:38, USDCHF 15:37, AUDUSD 20:14, NZDUSD 21:25 as well as ... The Weekly Trade Ideas (Top Down Analysis) The best place to go when you need help to plan your trading week. We cover all the major currencies including crude oil and Gold. Subscribe to my Chat ...