Trendlines with Heiken Ashi and Stochs System Forex Factory

How to take first step in Forex trading

In Forex Trading, the most important thing is the Judgment on whether the currency will rise or fall. When the value of our target currency goes up, then we will make a profit from long positions. When the value of the currency we trade falls, then we can make a profit from short positions.
How to judge the value of a currency rises or falls in a period of time?
Here are three reference factors:
First, The value of currencies raises in those countries that with higher interest rates. Investors in high interest countries get better returns than those in low interest countries. As a result, high interest rates attract foreign capital, leading to an increase in the exchange rate. That's one reason foreign exchange traders may be trading at rates announced by central banks such as the Fed or the Bank of England.
Second, The Currency Issuance directly determines the value of the country's currency. Currencies in low inflation countries tend to appreciate because their Currency Issuance in a healthy level and have a higher purchasing power than other currencies. High inflation countries have mass Currency Issuance, so the value of their currency depreciates. The Fed issued unlimited QE recently to cope with the impact of the novel coronavirus epidemic on the economy. The USD is Facing depreciation.
Finally, the Investment Environment of the currency country has an impact on the currency value. Financial crisis, earthquake, tsunami, war and conflict bring pressure to a country's economy, worsen the investment environment, and also have a negative impact on the value of a currency.
The above factors are very important for trend traders, but for day traders, only one minute price chart is needed. In this article, we introduce one of the trading methods.
One minute chart trading method for day trading - Support & Resistance
1. Identify Support & Resistance
The line connects with the two price reversal points called support line or resistance line. When the reversal turns to the downtrend becomes the resistance line. When the reversal turns to the uptrend becomes the support line,
as shown in the figure:

https://preview.redd.it/n1rlps8aqlr41.jpg?width=680&format=pjpg&auto=webp&s=e54ce8379831b77779496b27c66a5ac7342a1078
2. Make Positions and Set Stop Loss
Make short positions near the Resistance, and set stop loss above it. Then close out positions before the price reaches the support level.

https://preview.redd.it/aq7zmegbqlr41.jpg?width=670&format=pjpg&auto=webp&s=295ce964f72dbc3af0ad35c5cdf424596b2f796b
Make long positions near the Support, and set stop loss below it. Then close out positions before the price reaches the resistance level.

https://preview.redd.it/c0o59v7cqlr41.jpg?width=670&format=pjpg&auto=webp&s=679331c43f8ad12ba0849139ebe6fa6e14e92ab6
In terms of price action analysis, your profit target should not be above strong resistance or strong below support.
This is a very simplified method, Support & Resistance can be found in all sorts of market environments.
And this method is very effective, even if the direction of our position is wrong, we can just stop loss and close out. The loss is in our control.
One minute price chart with Support & Resistance, trading easily and controllable. It is the first choice of foreign exchange trading strategy and entry-level trading method for novices.
Without long-term focus on the price trend and large amount of data and news, trading become a much easier thing for us!
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Predicting Forex Trends YouTube Markets Week Ahead: Gold, Silver, Stocks, Crypto & Forex Currencies  AWAKEN with Eddie Viteri Forex: Top FX Headlines: FX, Global Markets in Panic Mode after Trump Wins US Presidency: 11/9/16 Trading News Events Razer Indicator IQ Option Real Tradings October

earthquake — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! 7.6 magnitude quake this time A 7.4 magnitude earthquake hit yesterday and now the USGS reports of a 7.6 magnitude quake 97 KM SSE of Sand Point, Alaska. No early word on a possible tsunami. A magnitude 3.2 earthquake was reported at 2:19 a.m. Thursday, 32 miles from Barstow, according to the U.S. Geological Survey. The earthquake occurred 44 miles from Twentynine Palms, 46 miles from Big Bear City, 46 miles from Yucca Valley and 49 miles from Apple Valley. In the past 10 days, there have been three earthquakes of magnitude 3.0 or greater centered nearby. An average of 234 ... I call this earthquake, this is the opportunity for you to either take partial profit or open position to the prevailing trend or counter trend trading. Flat indicator indicates that the market is trending. It could compliment your other trending indicators i.e. alligator, ichimoku or any moving averages indicators . The input of this indicator are the following. 1. Period (45 default) 2 ... South of Alaska, 910 km SSW of Anchorage, United States - 65 km SE of Sand Point - Depth is 40km (just shy of 25 miles) That is a large size earthquake indeed, thankfully off the coast and the ... The 1950 magnitude -8.7 earthquake in Assam on August 15 may have begun a similar sequence in the Himalayas, says Wesnousky. The quake was destructive in both Assam and Tibet, killing 4,800 people ... If your trading with the trend then a cross of the stochs (with other confirmation such as a trendline and ema) is enough. The other thing to mention on this chart is the apparent breach of the trendline which I have marked in white. This occured around the time of the earthquake and tsunami in Japan which caused a temporary fluctuation in the ...

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Predicting Forex Trends

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Predicting Forex trends is often the key to how to trade Forex. In this case we are not talking about minute by minute or hour by hour variations in the Forex markets. Rather we are talking about ... - Initial reaction to Trump victory was in line with out expectations based on prior observations: good for Gold and the Japanese Yen; bad for the US Dollar and equities. - However, traders ... Earthquake News Report - SNL ... Learn Ichimoku Kinko Hyo In Under 30 Minutes - Duration: 28:59. No Nonsense Forex Recommended for you. 28:59. I Tried Day Trading Bitcoin for a Week Beginner ... In this free trend trading course by long-time swing trader, Jerry Robinson, you will be introduced to the powerful concept of cycles. Understanding cycles is fundamental to understanding trend ... ROY KNOX - Earthquake [NCS Release] ... Forex Strategy Forex Method Forex Signals Forex Secret Forex Robot Forex Indicators Forex Templates. Category Science & Technology; Show more Show less ... If one could be aware of potential earthquake movements before they happen that could affect you and those you care for around the world, a wise individual would use this to PROTECT themselves ...

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