Another bull market is on the way,so this had to lead
to some war, and crazy stuff on going.
The forex market is a very important metric to watch.
-
To be honest with you i dont trade forex pairs anymore
but its important to watch this market to understand global
economics and the banking systems.
-
So if you ever trade forex dont use more than 2x Margin.
the average return on forex pairs is about
20% per year.
-
Will i ever go back to trading forex?
-
probably not.Right now am in Bitcoin. Eventhough
i will keep giving updates on forex pairs.
Because Forex trading is what inspired me to
learn how to trade in the beginning.
Its the same chart pattern but this time
we are focussed on the weekly time frame.
Because i dont have a paid membership
to tradingview i am only able to share with you
weekly trades and not day trade.
These posts are not day trading strategies.
Instead they are weekly trading strategies
thats the reason why you should not
use margin.Because weekly trades are more
volatile.
This forex pair is the best in the forex market
in terms of performance.So unless you trading this
forex pair GBPUSD
Your returns wont be huge without margin.
But from a long term mindset, you should
expect 20% annual return.
On this chart we used:
- -Stochastic RSI
- -The 50 EMA
- -The 200 EMA
Interpreting these indicators does take time to understand
them.Its very important that you understand them
very well.
Rocket boost This content to learn more.
Disclaimer:Trading is risky please use a simulation trading account
before you trade with real money.Also learn risk
management and profit taking
strategies first.Do not use margin.
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