myforexspace
myforexspace
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myforexspace · 6 years ago
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TODAY’S CAD WEAKNESS AND LIVE FOREX TRADING SIGNALS (Wednesday 10-30-2019)
Today in the main session forex trading the CAD was weak on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The NZD/CAD moved higher. This pair is inside of a range on the H4 time frame. We would exit any short term buys. The USD/CAD also moved higher. This pair might be forming a new D1 time frame uptrend with upside potential to the 1.3325 resistance area. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
https://www.forexearlywarning.com/the-forex-heatmap
Download our FREE mobile app and always know when the forex market is starting new movement cycles across 8 different currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
#NZDCAD #USDCAD #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex Canadian Dollar NZD/CAD USD/CAD
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myforexspace · 6 years ago
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Forex Trend Indicator Setup, Forex Mobile App – BOTH FREE!
Here are some simple trend indicators for conducting trend analysis of any pair or the entire forex market.
https://www.forexearlywarning.com/forex-trend-indicators
These trend indicators are easy to set up on Metatrader or most other forex charting systems for 9 time frames. We also have a set of videos that will teach you how to set audible price alerts and Metatrader profiles.
https://www.forexearlywarning.com/blog/category/forex-videos/
Then you can start to conduct multiple time frame analysis every day and build your own trading plans for any pair.
https://www.forexearlywarning.com/forex-lessons/multiple-time-frame-analysis
These trend indicators are simple and can be used by any forex trader to analyze one pair, one currency, or the entire forex market. Traders can also download our FREE mobile app, which tell you when the market starts consistent movements across 8 different currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
Good Trading, Forexearlywarning
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myforexspace · 6 years ago
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Trend Based Trading Plans, Live Signals, Free Mobile App
Forexearlywarning provides trend based trading plans, live signals and multiple alert system for 8 currencies and 28 currency pairs. We trade with the larger trends and time frames of the forex market. For trade entries, we verify all trade entries using The Forex Heatmap, our live currency strength indicator.
https://www.forexearlywarning.com/the-forex-heatmap
  You can also download our mobile app FREE, it will notify you when up to 8 individual currencies start moving in real time:
  https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
  Join us for our free weekly webinars.
  Good Trading, Forexearlywarning.com
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myforexspace · 6 years ago
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TODAY’S GBP STRENGTH AND LIVE FOREX TRADING SIGNALS
Today in the main session forex trading the GBP was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The GBP/JPY and GBP/CHF moved higher. Both pairs are forming new W1 time frame uptrends. The GBP/USD also moved higher. This pair is also forming a new W1 uptrend. The GBP/USD is at one resistance level, we would scale out lots on any new buys. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
  https://www.forexearlywarning.com/the-forex-heatmap
  Download our FREE mobile app and always know when the forex market is starting new movement cycles across 8 different currencies.
 https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
  #GBPJPY #GBPCHF #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex British Pound GBP/JPY GBP/CHF
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myforexspace · 6 years ago
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TODAY’S GBP WEAKNESS AND LIVE FOREX TRADING SIGNALS
Today in the main session forex trading the GBP was weak on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The GBP/JPY dropped on the H4 time frame. This pair has additional potential down to the 128.00-129.50 support zone. The GBP/CHF also dropped on the H1/H4 time frames. Manage the trade by scaling out lots, then see if it continues lower from the current support level. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
https://www.forexearlywarning.com/the-forex-heatmap
Download our FREE mobile app and always know when the forex market is starting new movement cycles across 8 different currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
#GBPJPY #GBPCHF #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex British Pound GBP/JPY GBP/CHF
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myforexspace · 6 years ago
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Currency Strength Trading, Two Methods
These two free educational articles discuss currency strength trading. This article explains how to use currency strength to analyze the forex market and also for entering trades. The forex market is based on individual currencies (USD, EUR, GBP, etc.), not technical indicators. This article shows traders the correct way to set up their trend indicators, and real time indicators, by individual currency. Any questions about the article let me know.
  https://www.forexearlywarning.com/blog/2014/09/12/currency-strength-indicator/
  https://www.forexearlywarning.com/the-forex-heatmap
  Download our FREE mobile app, it tell you when the forex market starts new, consistent movements across 8 currencies and 28 pairs.
  https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
  Good Trading, Forexearlywarning.com
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myforexspace · 6 years ago
Text
TODAY’S CAD WEAKNESS AND LIVE FOREX TRADING SIGNALS
Today in the main session forex trading the CAD was weak on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The CAD/JPY dropped on the H4 time frame. This pair has additional potential down to the 79.50 support area. The EUR/AD also has a strong move to the upside today. This pair is not trending on the higher time frames, so we would exit this short term buy. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
  https://www.forexearlywarning.com/the-forex-heatmap
  Download our FREE mobile app and always know when the forex market is starting new movement cycles across 8 different currencies.
  https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
  #CADJPY #EURCAD #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex Canadian Dollar CAD/JPY EUR/CAD
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myforexspace · 6 years ago
Text
TODAY’S CHF WEAKNESS AND LIVE FOREX TRADING SIGNALS
Today in the main session forex trading the CHF was weak on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The GBP/CHF moved higher on the H1 time frame, this pair is not trending on the higher time frames, so we would consider this a day trade. The USD/CHF also moved higher, this pair might be forming a new W1 uptrend, so we would scale out lots on any buys and hold on to some lots for potential further upside. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
https://www.forexearlywarning.com/the-forex-heatmap
Download our FREE mobile app and always know when the forex market is starting new movement cycles across 8 different currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
#GBPCHF #USDCHF #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex Swiss Franc GBP/CHF USD/CHF
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myforexspace · 6 years ago
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Multiple Time Frame Analysis for Forex Traders
This illustrated article explains to traders how to conduct a multiple time frame analysis of any currency pair, individual currency, or the entire market across 28 pairs. It explains how to set up the basic trend indicators and exact procedures. It includes examples of how to enter trades with MTFA. Here is the article:
https://www.forexearlywarning.com/forex-lessons/multiple-time-frame-analysis
Traders can also download our FREE mobile app, which tells you when the market starts consistent movements across 8 different currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
Good Trading, Forexearlywarning.com
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myforexspace · 6 years ago
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It requires skills to become a successful trader
Without ensuring an efficient trading performance in Forex, you cannot manage profits. It is necessary to ensure a proper trading plan for that. You would need to consider the money management plan for the investment. Then with a decent lot, the trades must be executed. When you will trade in the markets, scale the trades properly. It will help to ensure the proper management of the trades. You can control the trades properly based on the market condition. This strategy will improve the safety of trade money. At the same time, you could also ensure the safety of the trades with stop-loss and take-profit. So, the real quality trading performance is nothing but being secured with the approaches.
The rookies need to learn this idea to survive in Forex. They cannot just place big lots into the market and desire big profits from them. A constructive trading plan is needed to ensure even a decent profit potential. Today, we will discuss the idea of proper trading business in Forex. If you want to ensure a reputed career, try trading with proper precautions. Do not oversize the lots or trade with too many expectations.
Keep your trading fund aside
The traders need to be safe with their trading capital before doing anything. It is important for securing the trading money and also holding onto it as much as possible. If you have a $40,000 trading account, there is no need to trade with big lots. Instead of 10% or 20% risk per trade try out a 1% or 2% money management strategy. If your capital is lower like $10,000, try out the 0.1% risk per trade strategy. This will help you to be safe with the trading approaches. Besides the investment policy, you also need to consider the leverages. Choose a plan which does not bother the trading business or equity too much. For the rookie traders, it is safe to trade with a 1:10 or 1:20 leverage to the investment.
The idea is to invest as little as possible into the trades. Diversify your risk factors so that you can protect your trading capital. If required, take advantage of the introducing broker program features at Juno Market and make things simple.
Get knowledge on market conditions
To trade in Forex, the traders also need to understand the market conditions properly. It is needed for the scaling of the trades. Without thinking about it many rookie traders, trade for random signals. They do not care about a suitable trade setup but desire to make big profits. Forex does not respond to a trading strategy which cannot control the scaling of the trades. Moreover, you would miss the stop-loss and take-profit tools which are important for safety.
No matter which trading method you are using for the trades, try to study the markets properly. Unless there is a suitable retracement visible do not approach a trade. And after placing a trade, never forget to set the stop-loss and take-profit. While you are analyzing the markets, use simple strategies and ideas to improve your skills. Think about multiple timeframe analysis and price correlation which helps to understand the charts properly.
Do not dream big from your trades
Big profit is a dream of novice traders. Learning about Forex, their main target remains on managing big profits from the trades. If you are thinking of big profits, it will only make you desperate. Looking for a solid price trend, you would not think of anything else but placing a trade. And we have already known that it is not suitable to trade in Forex without thinking of a proper trade setup.
The main concern of the rookies must be to save the trading money. And for that, you need to reduce excitement and dreams of making big profits. If you can improve your trading plans and manage the business properly, profits are manageable from your trades.
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myforexspace · 6 years ago
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Understand the significance of technical analysis
Rookie traders often miss small details in proper market analysis. Due to less experience in market analysis, they cannot understand how to read the price charts. Then some also miss a few important skills for proper analysis. For example, you can think of the multiple timeframe analysis or a proper trading divergence. With multiple timeframes, you can properly size the trades. If the market condition is suitable, you can ensure a good profit margin like 1:5. On the other hand, trading divergence improves the position sizing of the trades. Using the highest highs and lowest lows, you can easily ensure the best key swings for the trades. Thus, it is possible to maintain a decent profit in the trading business.
The novice traders need to learn proper technical analysis. To make your mind clear about it, we are here with this article. Today, you will receive a few valuable information about ensuring a proper trading business. And it will be ensured with a proper technical analysis. Grow some patience before you approach for a trade. Thus, it would be easy for you to think about and analyze the markets.
Improvise with simple technical strategies
The starting of a Forex trading business is very simple. Based on the technical analysis, you would not use advance tools. Things like the trend lines and trend zones would be enough for you. It is a plan to trade with unless you want to ensure a decent profit potential. To understand market volatility, you will need more than the price trends. Use Fibonacci retracement to understand if a trend is suitable for your trades or not. Nevertheless, the oscillators are for a better understanding of the peaks where you can open a trade. Moreover, you would also get the idea of a decent position sizing concerning the market condition. Besides, the indicators and chart patterns will help to understand when to place a trade. All of the tools are very simple to use if you have a patient mind. Use the demo trading app to improvise your technical analysis skills. Demo trading also keeps you safe without any losses.
Use fundamentals to understand the markets
Along with the technical analysis, it is also necessary to look at the fundamentals. Before even joining Forex for a retail trading business, you would know about the price driving catalysts. International politics, terrorist events and unemployment like things affect the economy of a country or a region. So, the exchange rate of the currency related to the place also changes. Thus, you will get volatility with certain currency pairs. In the case of the fundamentals, you can also consider the price correlation concept to analyze multiple pairs at once. This way, it is possible to open multiple trades and gain more profits from them. With simple ideas and plans, you can easily ensure a decent trading potential. If you can only think right and choose the proper strategies, the market analysis will be on par for ensuring the best position sizing for the trades. 
Follow a disciplined trading plan in Forex
When you trade in Forex markets, try to be organized with the trades. Keep a strict money management plan for the risk exposures. Do not invest more than 2% of the capital in the trades. If you can reduce the spending with decent leverage like 1:10, it would help even more. After sorting out the risk exposures, you need to work on the trading approaches. The most important of them all, a trading business will need a proper method to follow. You can choose between scalping, day trading, position trading or swing trading. Whatever you choose for your business, stick with it and try to maintain a decent trading frequency.
Even if it is a short term trading method and you are getting small profits, do not rush for overtrading to win big bucks. You will lose a lot with overtrading as there is no time to do a proper market analysis.
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myforexspace · 6 years ago
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TODAY’S AUD WEAKNESS AND LIVE FOREX TRADING SIGNALS
Today in the Asian session forex trading the AUD was weak on all pairs in this currency group. This drove strong price movements during the Asian trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The AUD/CHF dropped and the D1 downtrend is forming, this pair still has room to drop, so we will continue planning more sells on the newly forming D1 downtrend. The EUR/AUD also rose and has plenty of upside potential on the newly forming D1 uptrend. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
https://www.forexearlywarning.com/the-forex-heatmap
Download our FREE mobile app and always know when the forex market is starting new movement cycles across 8 different currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
#AUDCHF #EURAUD #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex Australian Dollar AUD/USD EUR/AUD
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myforexspace · 6 years ago
Text
TODAY’S GBP STRENGTH AND LIVE FOREX TRADING SIGNALS
Today in forex trading the GBP was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The GBP/USD and GBP/CHF both moved higher. The GBP/USD is ranging and we would exit any short term buys. The GBP/CHF is forming a new W1 time frame uptrend and has considerable upside potential. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
  https://www.forexearlywarning.com/the-forex-heatmap
  Download our FREE mobile app and always know when the forex market is starting new movement cycles across 8 different currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
  #GBPUSD #GBPCHF #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex British Pound GBP/USD GBP/CHF
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myforexspace · 6 years ago
Text
Currency Strength Trading, Two Methods
These two free educational articles discuss currency strength trading. This article explains how to use currency strength to analyze the forex market and also for entering trades. The forex market is based on individual currencies (USD, EUR, GBP, etc.), not technical indicators. This article shows traders the correct way to set up their trend indicators, and real time indicators, by individual currency. Any questions about the article let me know. 
https://www.forexearlywarning.com/blog/2014/09/12/currency-strength-indicator/
https://www.forexearlywarning.com/the-forex-heatmap
  Download our FREE mobile app, it tell you when the forex market starts new, consistent movements across 8 currencies and 28 pairs. 
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
  Good Trading, Forexearlywarning.com
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myforexspace · 6 years ago
Text
TODAY’S GBP STRENGTH AND LIVE FOREX TRADING SIGNALS
Today in forex trading the GBP was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The GBP/JPY and GBP/CHF both moved higher on the D1 time frame trend. The next major resistance for the GBP/JPY is 134.90, the GBPCHF next major resistance is at 1.2285. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
https://www.forexearlywarning.com/the-forex-heatmap
Download our FREE mobile app and always know when the forex market is starting new movement cycles across 8 different currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
#GBPJPY #GBPCHF #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex British Pound GBP/CHF GBP/JPY
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myforexspace · 6 years ago
Text
TODAY’S NZD STRENGTH AND LIVE FOREX TRADING SIGNALS
Today in forex trading the NZD was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The NZD/USD and NZD/CHF both moved higher. Both pairs are trending up on the D1 time frames. We would scale out lots on any buys, next resistance area for the NZD/CHF is at 0.6625. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
https://www.forexearlywarning.com/the-forex-heatmap
Download our FREE mobile app and always know when the forex market is starting new movement cycles across 8 different currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
#NZDUSD #NZDCHF #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex New Zealand Dollar NZD/USD NZD/CHF
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myforexspace · 6 years ago
Text
TODAY’S GBP STRENGTH AND LIVE FOREX TRADING SIGNALS
Today in forex trading the GBP was strong on all pairs in this currency group. This drove strong price moves and entry signals for forex traders in this group of pairs. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The GBP/JPY and GBP/CHF both moved higher. Both pairs are forming a new D1 time frame uptrend. Next major resistance is at 135.00 on the GBP/JPY and 1.2285 for the GBP/CHF. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.
https://www.forexearlywarning.com/the-forex-heatmap
Download our free mobile app and always know when the forex market is moving across 8 currencies.
https://www.forexearlywarning.com/blog/2019/07/19/forex-mobile-app/
#GBPJPY #CADJPY #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex Japanese Yen GBP/JPY CAD/JPY
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