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Identify Valid Institutional Candles And How To Understand Market Manipulation Scenarios

On this occasion, we will learn how to identify valid institutional candles and how to prevent them to avoid the trap of manipulating market movements so as not to be fooled and misguided in reading trends in forex trading.

What Is Institutional Candle

Basically, Institutional Candles often called order blocks are candles final bullish or bearish after a support and resistance breakout occurs so making the distribution of market prices occur or is called trends. Based on experience, Valid Institutional Candles only formed after the support resistance area or sideway area a breakout has occurred, then the price returns to the sideways zone again that was just broken out, and the price returns to the breakout of the last high or last low, still in the previous sideways area. Or can It be easy to say like this, when the price forms an equal low in the support area then the price moves lower and breaks below equal lows, or support candles have big bodies and deep rejection wicks and the price creates fear value gaps (FVG) or imbalance on the way up and vice versa. This is how not to get trapped by manipulation of breakout support resistance.

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The Advantages of Neteller Account and How to Open One

Neteller offers reliable solutions for people who frequently use their money online. Whether you are an online casino player, a forex trader, or a social network addict who needs to spend money to enjoy additional features or for advertising purposes, you can always use Neteller to deal with all the required payments. Because many sites accept Neteller. By opening a Neteller account and depositing your money, you are ready to use this service whenever necessary. Withdrawal can be done digitally when performing online payment or physically using a Net+ card issued by Neteller. There are many advantages of using Neteller service, so if you use your money a lot when online, you may need to consider opening a Neteller account. Just go to the Neteller account registration page.

What Is Neteller?

neteller to paypal Neteller has been serving internet users since approximately two decades ago. Established in 1996 by Paysafe Group Plc (then Optimal Payments Plc), Neteller has established itself as a reliable online payment system for users of various online services ranging from gaming and sports to financial ventures. It functions like a bank that allows clients to deposit and withdraw their cash; however, unlike conventional banks, it neither offers a loan nor uses its clients’ cash as its operational cash.
Since 2003, Neteller has allowed its clients to use Net+ prepaid MasterCard to perform cash withdrawals and payments. Net+ card is useful especially because Neteller doesn’t support direct cash withdrawal to credit/debit card accounts. With the issuing of Net+ cards, this problem is practically solved.

Reasons to Use Neteller in Online Gaming Activities Read more »

Breakout SDX8h – Intraday Forex Breakout Trading Strategy

Intraday Forex Breakout Strategy

This is one of my favorite breakout forex trading systems. Breakout trading strategy is one pending order means we will only buy or sell at a specified point. We even can intercept a price with buy and sell all at once and not infrequently both hit Take profit, really nice …. for short-time trading with a 10-15 pips profit target this system practically rarely fails.

breakout trading strategy

If you want to relax let alone the price moves in advance, just wait for the emergence of two blue lines above and below the current price. Put a pending order buy stop on the line above and below the sell stop on the line. TP pairs 10-15 pips only. Usually, when the market opens in London… price breakout on one line may be upward or downward because it pairs just let the trap of buy or sell …

If you want a bit of analysis, look at the trend channel Purple color as the limit price movements, Read more »

Parabolic SAR Indicator For Intraday Trading

Parabolic SAR Forex Indicator

Parabolic SAR is a technical indicator developed by an analyst named Welles Wilder (Creator of the relative strength index). SAR is shown as a series of dots placed/located above or below the price.
A position above / below is used by traders to generate transaction signals depending on where the position of those points.

A dot placed under a price is considered a bullish signal.
Conversely, the points located above illustrate the price that bears are in control and that the momentum is likely to remain downward.

parabolic sar trading strategy

As we know many kinds of indicators in forex trading, which draw from the parabolic SAR are located on the ease of use (easily seen) from the above brief description by no means a simple look… Read more »

Leading Or Lagging Economics Indicators That We Can Use To Predict The Market Trends ?

Forex Leading Economic Indicators Strategy

how-to-read-leading-economic-indicators Leading or lagging economics news or economics indicators are very important to predict the way of market trends. Of course, this method still has to be filtered with a technical strategy to calculate the entry point from the key level of support resistance in a four-hour or daily time frame. Most economists talk about where the economy is headed – it’s what they do. But in case you haven’t noticed, many of their predictions are wrong. For example, Ben Bernanke (head of the Federal Reserve) predicted in 2007 that the United States was not headed into a recession. He further claimed that the stock and housing markets would be as strong as ever. As we know now, he was wrong. Read more »

Is It Possible Trade As Little $5 On ECN Forex Broker ? FBS Is The Answer

FBS Is One Of Best Scalping Forex Broker

Yes FBS forex broker provides this interesting offering for all traders that with only start as a little five dollars we can trades on ecn broker. With NO Commission + NO Swap + Pips start from 0.6pips and flexible deposit and withdrawal options and the most is safety, this made FBS forex broker got many rewards The Best Forex Broker In Asia until now.

fbs open live account

Trading with FBS forex broker have many benefits, one of the benefit is small spread and using 5 digit pricing behind decimal and bonus until 50% on each deposit made.

benefits trading forex online in fbs

Beside we can get rebate 2.2pips if we register on their IB program.

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Easy Pivot Breakout Trading Strategy

Pivot Breakout Strategy for Intraday Traders

As we know pivot is a median value from the trend. But, what kind of pivot-based calculated? is it from Fibonacci or even based only on the Doji candlestick? Yes, both are good. Actually, my pivot point is usually based on body doji itself where have placed in the range of candlestick reversal patterns from a big time frame at least daily and better based weekly. But, now I won’t talk about doji as my pivot point. So, whatever your pivot is based on, this easy pivot breakout trading strategy is very powerful, even more so using pivot-based H4, D1, or Weekly timeframe.
pivot-breakout-strategies

Here a simple picture from an easy breakout pivot trading strategy explained. Read more »

Trade Copier Expert Advisor

Forex Copy Trade Expert Advisors

Forex Copy Trade Software or with a popular name with Forex expert advisor that allows you to copy your Forex Trades from 1 Metatrader Account (Master) to another Metatrader Account (Client).

forex-expert-advisorWhatever manual or automatic trades occur within your MetaTrader account, our Forex trade copier software will copy these trades to your receiving slave MT4 account.

For example, you might be running a forex robot within your Master Metatrader Account, and wish to duplicate these trades to another forex account. Without using our software this is not possible, as there is no in-built bridge between MetaTrader accounts without using our technology. So, once again this trade copy expert advisor has a function to copy trades from one mt4 to another with the simple script as a bridge order from mt4 master to mt4 clients.

As another example, you might have 2 different accounts, with different account balances and you want to copy your trades, proportionately, between the 2 accounts. Our best forex trade copier expert advisor has this functionality and you can trade with different risk settings. Read more »

Price Action With Chart Pattern Is One of The Best Forex Trading Strategies

Best Price Action Forex Trading Strategies

We need accurate forex trading strategies to make consistent profits in the forex market. As we all know forex is the most popular and highest trading market across the globe. Every day thousands of people are attracted to Forex trading to gain quick money. This across-the-counter trading involving the major currencies is a bit tricky yet highly profitable trade, which needs a good understanding of Forex trading. This can be seen by the percentage of people every day, who lose their money in trading due to lack of proper knowledge and skills. This makes the other 5 to 10% of people gain huge profits. However, with good observation, and learning of the Forex trading strategies, anyone can make profits or at least secure their hard-earned money.

Maybe we already know and study various kinds of forex strategies based on price action movement. Sometimes we have difficulty putting together the puzzle of this variable price action, making it difficult to get an entry accuracy zone that has a very minimal risk and high potential for swing reversals. After reading and trying to learn from various kinds of price action strategies starting from head and shoulders patterns, Quasimodo reversal patterns, Flag and Pennant, Cup, and Handle Top and Bottom, double – triple top/bottom, Ascending and Descending Triangles, trend line combined with price action, The Three -Drive Pattern, The ABCD Pattern (Fibonacci Price Action), falling and raising wedge, candlesticks reversal patterns, Elliot wave and many more that I can’t mention all of them here.

forex trading strategies

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Get Up To $200 From Hotforex By Refer A Friend

Hotforex Review

Address: Irida 3 Tower, 10th Floor, Spyrou Kyprianou 50, Larnaca 6057, Cyprus
Phone:+357 24 400561

hotforex-broker
Hotforex is regulated by FSC & CySEC. Hotforex has many trading platforms. A standard trading platform is Metatrader 4.0 and the other trading platform that Hotforex provides are MT4 on Mac, HotForex WebTrader, Smartphone Mobile Trading, HotForex iPhone Trader, HotForex iPad Trader, HotForex Droid, and Blackberry Trader. Many advantages if we trade on this “aged” forex broker because they have many features like hot forex pamm, high leverage up to 1:1000, and hot forex spread as low 0.6pip on eurusd spread. Read more »

Candlestick Basics Knowledge That Made Trading Easy

Forex Candlestick Basics

forex candlesticks strategy that works I think every trader should back to basics again on reading and understanding forex candlestick basics strategy or candlestick patterns.

Candlestick charts are a popular component of technical analysis, enabling traders to interpret price information quickly and from just a few price bars. They summarize a period’s trading action by visualizing four price points: open, close, high, and low. The wide part of the candlestick is called the “real body” and tells investors whether the closing is white/green if the stock closed higher). The candlestick’s shadows show the day’s high and low and how they compare to the open and close. A candlestick’s shape varies based on the relationship between the day’s high, low, and opening and closing prices. Candlestick patterns are used to predict the future direction of price movement. Some popular patterns include the Morning Star (bullish reversal pattern) and Evening Star (bearish reversal pattern), Bullish Engulfing Pattern, Bearish Engulfing Pattern, Dark Cloud Cover, Doji, Dragonfly Doji, Evening Star, Gravestone Doji, Hammer, Hanging Man, Harami, Inverted Hammer, Morning Star, and Piercing Pattern. Candlestick patterns can be made up of one candle or multiple candlesticks. They can also form reversal or continuation patterns.

Mastering Forex Candlesticks Trading Strategy – Free Course

So, with this candlestick basic knowledge, we can understand about reading the market movement and how strong sellers or buyers are. This is one of my favorite e-books that can brighten your knowledge about real market movement. We can learn and practice by reading the candlestick pattern only, my suggestion read in at least 4 four-hour time frames and usually. And if the price reaches doji or pinbar from the monthly time frame usually takes an extreme lot which on this level price usually bounces this level is very accurate in scalping and sometimes makes reversals so we can get more pips. Read more »

Roboforex Is Flexyble Forex Broker For A Big Or Small Traders

Roboforex Broker

roboforex open account guide Once again, I’ve found a good forex broker for traders who want to test their forex ea or forex robot. Yes, this roboforex allows all kinds of forex EA, no time limitation, scalping, hedging or even averaging. Roboforex provides real money if you win on demo contest.

There’s no hidden fee to take your prize-winning contest. Roboforex provides a trading platform for Android too for mobile traders. Test their Metatrader and the demo condition and the real condition are the same. Roboforex still using popular mt4 as their trading platform. Read more »

Profiting From Support and Resistance In The Forex Market

forex-support-resistance-levels

Definition Of Support Resistance

The beauty of support and resistance lies in its simplicity. Its validity has been tested over and over again throughout history and remains one of the most widely used analysis tools of all time. It works because it is based on simple crowd psychology. And as much as we don’t like to admit it, we are the same irrational creatures we were a few hundred years ago.

If you could predict where the market is heading, you would be a millionaire. Unfortunately, no one has developed an indicator that will predict the future. Many indicators have been created that will give you a probable direction of the market, and among them, the concept of support and resistance has risen to the top of the pile. Read more »

4 Different Swing Trading Forex Strategies

It is okay for you to start forex trading activity for your new business. The most important thing to remember is that it is a must for you to understand about forex trading. In fact, you also need to learn more about swing trading forex strategies you need to understand. By knowing about those strategies it is hoped that you can do the forex trading action correctly to limit risks.

Swing trading in the forex market can be a game-changer for traders looking to capitalize on short-term market movements. With its focus on capturing smaller price swings over a few days to weeks, swing trading offers a unique approach to forex trading. But how do you navigate this strategy effectively?

In this article, we will explore four different swing trading forex strategies that can help you enhance your trading skills and achieve consistent profits. Whether you’re a novice trader looking to understand the basics or an experienced trader seeking new strategies, we’ve got you covered.

Understanding the Basics of Forex Trading

Swing Trading Forex Strategies thats works everytime

Before diving into swing trading strategies, it’s essential to have a solid understanding of the basics of forex trading. The forex market is the largest financial market globally, with trillions of dollars traded daily. It involves buying and selling currencies to profit from the fluctuating exchange rates. Read more »

Very Easy Scalping With Bollinger Bands And MA On M5 – H4 Time Frame

Scalping With Ease

Forex scalping has gained high popularity nowadays. You are welcome to explore the Bollinger bands of Forex scalping strategies and ideas! True scalping involves risk as well as any other type of trading. If done correctly Forex scalping provides an additional degree of risk management as a result of holding trading positions for a very short period as well as constant monitoring of the price and collecting quick profits as they appear. Forex scalping systems if used will assume the trader’s own risk and full responsibility. Scalping Forex is fun.bollinger_bands Learn it and trade profitably! Read more »

Trading For Living With Supply Demand Trading Strategy

How To Trade With Supply And Demand Zones

supply_demand_forex_swing_strategyAs we know supply demand forex trading strategy is one best of the best trading techniques. But how read the confirmation level of break supply demand zones to decide on every trade that we make? Supply-demand is the heart of forex or any other instrument in the market economy since the exchange of services and goods is for economic value. The supply-demand level is a little bit different from the support resistance level. Supply-demand has at least two line zones that cover this level. These two lines have a small distance area that is called a supply or demand zone that we can enter on this level. All the explanation details such as how to get accurate demand-supply trading zones and how we use liquidity area even for the scalping area are in an e-book that you can download on the last page of this article. Read more »

Benefits of Trading with TMGM

Best Forex Broker For Scalping With Very Fast Withdrawal and Deposit Services

As a forex trader, you understand the importance of selecting the right broker to achieve your trading goals. At TMGM, we offer a range of benefits that appeal to both beginner and experienced traders, providing a competitive edge in the forex market.

best ecn forex brokers for scalping

Our focus on low spreads, fast withdrawal and deposit solutions, and advanced trading technology make us an ideal forex broker for scalping.

In this article, we will explore the various benefits of trading with TMGM, highlighting our commitment to providing a transparent, secure, and customized trading experience for our clients.

Key Benefits

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Pepperstone Competitive Advantages for Professional Forex Traders Based on Reddit and Forex Forum Review

In the world of forex trading, professional traders seek platforms that offer competitive advantages to enhance their trading experience. Pepperstone, a renowned brokerage firm, has garnered attention and positive reviews on popular platforms like Reddit and Forex forums. Let’s dive into the competitive advantages that make Pepperstone a top choice among professional forex traders.

best of ecn forex broker in asia

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Easy Forex Trading Tips To Make Steady Profits

Forex Trading Tips

The forex trading tips enclosed are all about increasing your profitability and they are logical, easy to apply, and work. If you want to trade forex the professional way, who says that you can’t get the tips for free? We all know that forex is one huge online market that can afford no mistakes, and that is because one false step can make you lose every penny that you have invested in this market.

Forex_Trading_Tips

There are iron rules in each business and ignoring these rules will make the players kicked out quickly from the game, this is also applied in Forex trading. Apply these Forex trading tips in your trading career to make steady profits, keep your account safe, and play by the rules:

Choose the right software or platform from a regulated broker

As we know MetaTrader is one of the best trading platforms now. Of course, you have to choose the best program to run your online business with. Consider these Forex trading tips in looking for the perfect software: it should be something that offers a customer help desk 24 hours a day and provides an online manual on how to get things done just in case something breaks down in the middle of the night. Your Forex trading software is designed to work even while you are sleeping, which means that it can do the usual Forex tasks all by itself without further supervision from the user. Most forex trading software can open and close deals for you from any trader located across the globe.

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Is It Forex Fundamental Analysis Works?

There are 2 types of analysis commonly used by traders, namely:

1. Fundamental analysis: by relying on the news/rumors in the market.
2. Technical analysis: by relying on charts and mathematical formulas.

Fundamental Analysis:
Fundamental analysis is an analysis that relies on news that happens in the world market. Or that was circulated in the market. The content of this news drives the market trader’s emotions to determine the value of a currency, equity, or other instruments. One example is the Central Bank rate hike by the Fed (U.S. central bank) could mean a stronger dollar. Rising prices will hoist petroleum stocks related to commodities, etc.. If you do not like the analysis of complex-complex (count, graph, etc.), it is now time for you to learn this fundamental analysis.

To study the fundamental analysis correctly you should study the economic impact, and the financial macro. For example, why the increase in interest rates can make the currency strengthen. Here are the laws of that economy. But there is some news (economic indicators) that you can use as a reference.

American political & economic conditions are very influential to world economic conditions, therefore the news and U.S. economic data are often used as a reference by investors against major world currency movements.

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Tickmill Trading Contest and Get Real Money Easily

tickmill forex open account

Hi Traders,

The Forex Trading Challenge Live Contest! Have you registered yet? Join TICKMILL’s monthly live trading contest where the top 5 traders will win amazing cash prizes.   Prize money may be withdrawn by the winners.

Tickmill is pleased to have a long and growing list of successful traders who rely on our high-quality services.

Because we believe that extraordinary achievements deserve special recognition, we select the best of the best among our skilled clients each month and award the top-performing trader with a $1,000 prize.

We consider not only profit but also money and risk management skills when determining the winner.

To participate in the contest, no additional registration is required.
Simply open a live forex account with Tickmill, demonstrate your exceptional trading skills, and you could be the next Trader of the Month.

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How To Get Your First Million Dollars By Investing Cryptocurrency

What Is Crypto Currency?

Today’s cryptocurrency business models are very familiar. Even some people convert their real assets to digital assets as their savings for medium to long-term projects.

So, CRYPTO currency’s basic concept is used to replace traditional paper currency and for some people, digital assets are used as their savings. The entire transaction will be recorded in a digital ledger known as blockchain.

As long we use these digital assets as saving “pure cryptocurrency” with no lending program, it will give low risk in the end, and for sure this saving method is very good indeed. But, it will be a very high risk if you join with lending program. As we know there is always a risk in every business right? This digital assets business model has a medium to high risk as well. And the risk follows based on each specific concept.

what is blockchain technology

There are a few concepts if you want to take part in this crypto-currency business. First is staking, this concept we only buy several cryptocurrencies as our savings with no contract period. Usually, this is called “pure cryptocurrency”. Digital assets that use this concept are Read more »