Analysis of USD/JPY Using Two Timeframes - March 8, 2025 Good evening, everyone. In this analysis, I will examine the currency pair USD/JPY using a daily timeframe (D1). As of the current price action, it is evident that the market is trading below...
Ten Steps to Become a Successful Forex Trader Forex trading is one of the most lucrative yet challenging financial markets. Many traders enter the market with high expectations, only to face difficulties due to a lack of preparation, strategy, or...
Hello! Let’s start by discussing the recent trends in the EUR/USD currency pair, which has been experiencing a steady upward movement over the past week. Previously, we observed attempts to break through the 1.0500 level, accompanied by a period of...
Analysis of the USD/CHF Currency Pair Throughout the current week, the USD/CHF currency pair has been in a downward trend, exhibiting a series of price movements that indicate bearish sentiment in the market. This analysis will break down the recent...
A strategy also serves as a risk management tool. It allows traders to set stop-loss orders, define position sizes, and establish risk-reward ratios. This means that even in the face of losses, the trader can minimize their exposure and protect...
