Recent content by FXMentalist

ema 1: 21-34-55-89-144 ema 2 : 233-377-610-987-1597-2589

buy and sell

In a market where the daily exchange rates of EUR, USD, GBP, AUD, NZD, CAD, CHF, and JPY all reach zero, a parity chart wouldn't provide any useful information. Trading on a single pair would be the hardest way to profit. It's easier to compare pairs against each other rather than dealing with...

I always prefer trading with two currency pairs daily. I select them from the highest and lowest pairs and engage in counter-trend trading. This way, I avoid having to battle with one pair and instead navigate by pitting two pairs against each other. It allows me to manage my remaining funds.

The concept of trend in Forex. For some, it's an upward trend, for others, it's the correction of a downward trend. The important thing is not knowing where the price will go, but ultimately making money. Knowing where the price will go feels like falling into an illusion, akin to hunting...