Month: February 2017

Forex Consolidation Breakout - Live Forex Trading Example

This time the live Forex trading example covers a trade taken on the M15 USD/JPY chart as a result of a Forex consolidation breakout. The consolidation comes after a sharp price decrease and a breakout through its upper level was the reason why I opened a long trade on the general assumption that the price […]

Trading Inside an Expaning Triangle - Live Forex Trading Example

Hello traders, In this video Damyan traded a swing inside an Expanding Triangle. Damyan effectively used the upper level of the Triangle as a resistance in a combination with a Reversal Candle Pattern to open a short trade pursuing a price drop to the lower level of the figure

Japanese Candlestick forex trading guide

As you’re likely aware, there are a few different methods you can use to analyse the financial markets. One of them is called Technical Analysis (TA), which is the analysis of charts and the associated data surrounding them. Within this broad description there are a number of different ways you can apply TA, which at least partially depend on the chart types that you use. (more…)

Trend Breakout Trade - Live Forex Trading Example

Hey guys! This video is a very good example of how to trade trend breakouts. Damyan shorted the EUR/USD after a bullish trend breakout caused by a bounce from a resistance level.

Trading Channel Swings Unsuccessful Trade - Live Forex Trading Example

Hello Traders, In this very educational video from Damyan attempted to trade a bullish channel swing. He entered a long trade on a bullish bounce from the lower level of the channel. However, the price action broke the channel downward, giving an exit signal. After all, in Forex there are losing trades as well. The […]

Bearish Bounce from Resistance Level - Live Forex Trading Example

Hey guys! We have a new trading video from Damyan, where he shows how to trade a bearish bounce from a resistance level. At the same time, he used a trend ray through the last few bottoms of the price action to set a reasonable target on the chart! We provide this content for you […]

Motivational finance quotes

Trading is a very stressful but exciting activity – its constant ups and downs lead to the full spectrum of emotions, from positive ones such as happiness, elation and joy, through to more negative emotions, such as fear, irritation, sadness and even depression. But is it a reason to quit? No! We all have down […]

Forex trading resolutions

The beginning of a New Year is often a time when we look back on what we’ve achieved in our life, both personally and professionally. It’s a time to re-evaluate our priorities, reflect on what we’ve done well and think of how we could do better. It’s in this spirit that people set New Year’s […]

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