Fx PDFs

21 Apr 2023 15:40

28 & 50 Exponential moving averages on short trend.

Fx PDFs

31 Jan 2021 18:43

@fxpdfs

Fx PDFs

05 Aug 2020 18:51

Among of tools to learn on how to use them are Fibonacci & Trendlines and marking of Major key levels of support and resistance. The levels will guide you where to expect reversals and booking your profits.
The main Fibo levels commonly used are 38, 50 and 61 especially 50 & 61.

Trendlines are seem to be old fashioned strategy, right? But I find them Excellent in providing High risk reward ratio. Important thing about them is Patience and your ability to do not trade every day for they do not occur frequently. Am talking about Trendlines as they are not Trendlines breakout strategy. The Trendlines breakout strategy needs more skills and has lower probability of making winning trades than using Trendlines with respect to main trend.

Fx PDFs

05 Aug 2020 18:27

Hello traders, vote poll has been ended today. The second and 4th categories had more votes than the rest, so our update will base on those two categories

Fx PDFs

24 Jul 2020 18:58

🔰Trading Lesson

Once you see a trend is clearly established, don't fight against it. The tendency to find the peak or top of the trend always is not effective enough to help your account grow with time. The real result of the trade is not about the sniper entries, the real result of any trade executed is the difference between your Entry and your Exit. You can shift from waiting for reversal to happen to waiting for retracement to happen. Those who said follow the trend they do not simply enter anywhere in the trend, they wait for 'clear' retracements to execute their trades. Reversals will also be there but they are not occuring everyday and many retracements are "seen" as reversals in small timeframes but in large time frames are corrections of the main trend.
Trend traders also know the zones with high probability reversals. Markets may seem to be erratic sometimes But for the trader's side nothing is random, each decision to enter a trade or not comes from reasoning. Your Ability to Wait in such moments will protect your account.

This lesson is very hard for most traders to accept as it requires those who can resist their appetite to trade everyday

Fx PDFs

04 Jul 2020 19:56

The people who blow up they blow up not because they don't understand about the market, it's because they have been following risk management for long time.
At one time one broker was interviewed and asked why traders fail, he only spoke about the graph of traders;
Small profits
Small profits
Small losses
Small profits
THEN FEW BIG LOSSES
Account blown and closed.

Fx PDFs

04 Jul 2020 19:41

I started to understand market and ACCEPTED the Importance of Risk Management when my account dropped to 8$, and it was after months of blowing accounts and withdrawing some remains of $ ( I can also call them account residues) after huge loses.

Fx PDFs

21 Jun 2020 08:45

We are about to start the last week of the month, are you getting better ?

Fx PDFs

30 Jun 2021 13:46

To successfully trade you actually need a good trading psychology and a good money management.

The sooner you know that the sooner you will stop the endless hunt for strategies and just develop what fits you from the knowledge you have or accumulated knowledge you have from other people's strategies and then make your own personalized trading plan so you can follow it without feelings. And over the time maybe improve it.

And you will start focusing on improving your Trading Psychology and Money management so you actually successfully grow accounts and not burn them by your own trading psychology mistakes and poor money management. since no strategy in the world no matter how good you think it is, as soon as a bad trading psychology is applied and bad money management is applied you wont successfully grow a trading account but just burn it eventually, sometimes many times. untill the market humbly reminds you that its a probabilistic environment and the market does not move because of your strategy. but some people think that the problem is their strategy or they did not understand the strategy well, it might be true but still after fixing your strategy mistakes make sure you fix your trading psychology mistakes and money management mistakes. Just as how you remind yourself of all the confluences a trade has according to the strategy you are using also remind yourself of trading psychology facts before taking the trade and use proper money management to protect your equity at all times.

I hope you start focusing on Successfully trading with any strategy you want, like, prefer, understand better, mix whatever you want and personalize it and make your own trading plan of it and follow it with good money management and good trading psychology 👍

Fx PDFs

24 Sep 2020 20:32

Trading Sessions.

On trading one needs to know which trading sessions normally have significant moves and which pairs to trade.

Better understanding of the nature of its session will help you to know at what times there is high possibility of reversals or continuation of the trend.

It's very important to understand the nature of the session you are trading in. Even though it's very important but very few consider this.

If you have been trading for longtime without Advancing I am telling you take a good look and pass thoroughly through your basics you will find sooo many lessons which you are not considering when you trade. Even for the strategy you are using reread again and again with time and find more information about that.

Fx PDFs

05 Aug 2020 18:36

The first thing to do in trading with the trend, the very first thing is Alignment of Timeframes specifically from Higher time frames to lower time frames (minimum 1H to 30min). This is the very first thing traders. Don't forget about as long as you want to flow with the trend it will give you a guide on
A. What's the main trend
B. How strong is the trend
C. Major support and resistance levels
D. Where are possible correction levels

Fx PDFs

31 Jul 2020 18:18

Vote honestly I'll give an update depending on the vote results

Fx PDFs

04 Jul 2020 20:05

The moment you start to feel like you have mastered the market, like you know everything about market is the moment you will start creating your ego is the moment you start arguing with market is the moment Huge Loss will be credited to your account.

Fx PDFs

04 Jul 2020 19:56

There will always be a tendency to trade so much and a great desire to achieve greatness BUT IN SHORT TIME, once you put high lot and see how profits are running you will always always always want to repeat that tendency and until you face loss ahead you can't hear anything about risk management

Fx PDFs

21 Jun 2020 19:50

Some traders their best timeframe is H1 because they can't tolerate to see a trade running for 2-4 days. It is their psychology BUT the problem is they don't have enough time to do that. Some are studying they have to attend sessions some are workers they can't access their terminal to monitor their trades timely and they end up blaming their studies & works.

Anyone who is in this category have to rethink and choose what is much more important to be done. You either change your psychology and start learning the higher timeframes ( i.e your min tf to be H4) OR do your works or studies diligently until you finish.

The truth is it is very difficult to be profitable when your mind is not peaceful. You can not trade at the same time you have to prepare a report for your boss your focus will be too little.


Can you do analysis while your in the factory near your Director ?

Fx PDFs

02 Jun 2020 17:13

The Biggest Challenge for a trader is to trade in Real Time Charts. You may know patterns you may know many things but the Ability to Execute a trade When an Opportunity Happens & Knowing When To Wait is what separates Successful traders from majority.