Tag: FOREX for beginners

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

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 […]

Forex trading concepts for beginners

For many of us, making money on the FOREX market would be a dream come true, providing both financially independence and a truly flexible schedule.

Consistent gains are possible once you learn the ropes, but only if you actually invest in your FOREX education. So what exactly do you need to learn? Read on to discover the 7 best ways to do exactly that.

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