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Growingforex

6 REASONS (WHY TO LEARN FOREX TRADING)OANDA:XAUUSD 6 Reasons why you need to learn Forex Trading There are many reasons why trading forex can help individuals grow their wealth. Here are just a few reasons why so many people are choosing this market: 1 .Earn extra income. Supplement your current income. However, be wary that trading forex is not as easy as it seems. It requires a lot of learning and patience. It is important for you to know that it takes time to build up your skills to successfully trade in the forex market. 2.Earn money regardless of the economic situation. Even though the economy is suffering, unemployment is high and businesses are closing down, you can still make money by trading in the forex market. In forex trading, you can still earn by trading “short” or short selling. 3.Choose your own trading schedule. The forex market operates 24 hours a day for a 5-day trading week. This gives traders more opportunities to manage their portfolio. This also means you can choose when to trade unlike in the stock market that operates only 6 hours per day. 4.Low transaction costs. Unlike other types of investments, forex trading has very minimal transaction costs since there are only a few middlemen. To trade forex, you really only need a basic computer and a good internet connection. 5.Trade anywhere. Forex trading can be done anywhere in the world at any time! As mentioned earlier, all you need is a reasonable laptop and a stable internet connection and you’re good to go. You could earn money while travelling the world from your laptop, or make successful trades on your smartphone while at the same time you’re having dinner at your favorite restaurant. 6.Tools can be used to anticipate price movements. Because of the large popularity and high liquidity of the forex market, price movements are easy to forecast without anyone capable of controlling it. Various tools can be used to predict and capitalize on the price movements these using recurring patterns to signal us into successful trades. ❤️Please, support my work with follow ,share and like, thank you!❤️
OANDA:XAUUSDEducation
by INVESTRONE
NZDCAD TIPSLet's wait for a correction because we got an impulse with a double bottom from the lower time frame,judging from the current market condition so y'all should get ready to take some buys,that is start looking for some buying opportunity. When I mean start looking for some buying opportunity I'm referring to something like a pullback or correction. That will make your trade more manageable when it comes to growing an account i.e (risk management). I'll be sending in a lower time frame view on this If anyone wants me to analyse any pair you can drop it in the comment section below Always remember to STAY SAFE
Long
by REAL_CRYPTO_VIC
GBPJPY Trend Reversal Formation Hey Guys, We were tracking this pair from the previous high now it is at top forming a trend revrsal formation.We look to short this pair as we are going to sell the usdjpy as well.Make sure you go safe on this one look for lower degre confirmation to sell and hold it until it goes down to test the bottom again and may be it can break that forming a lower low and then upside for a higher high. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
2
EURAUD Sets To Rise For Fresh Highs Hey guys, The pair is in a weekly corrective structure and in a daily continuation to the upside but we have one more move coming to the downside before it starts rising and we may get many continuation to the upside,that's the place we will add more positions to this pair.Short term sell setup coming.I will be updating the pair to get you guys a better insight to what i am looking for in the near term. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
EURJPY Sets For The Drift Hey guys, the pair completed its WXY corrective structure that is the double correction and we are looking for sell at the top or if we see a implusive breakdown and a corrective structure to enter short.Both strategies work well if you have the skill level to do that moving trades to break even managing profits etc. I wont go in details that much. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
USDJPY Having More Room To The DownsideHey guys, The pair has has completed its first leg making a lower low now its going for the second leg upside before the final drop of the downside inside the corrective structure.I don't want to make it complicated for you guys so i decided to mark the arrows from where i am looking to buy and sell this pair.My bias on this pair remains bearish if this goes to 124.00 - 125.00 i will still remain bearish on this pair. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
DXY Building Momentun To RiseHey guys, The pair has completed its 3 wave structure inside the reversal pattern formation and have one leg up before we start selling the dollar.By now you guys know what my bias on dollar is.....LONG.I will be updating it to give you guys a insight of what i am looking.I will be adding some more trades until it reaches the 107 level. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
TVC:DXYLong
by GrowingForex
4
GBPCHF Sets To Head South Hey guys,The pair has completed it corrective stucture and we have a move coming to the downside.I would like you guys to know that we broked the weekly corrective structure and we also have the 1st wave completed followed by a corrective structure.Be in short,huge potential trade setup coming.Use reasonable stop loss dont keep it too tight give this pair some room and take the trade from the top. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (GBPUSD)Hey Guys, The pair formed a trend reversal pattern and made a nice bearish candle which broke the trend line and closed below the trend line once we see a continuation on the lower time frame it will head south.The continuation is just a confirmation where its gonna head next.Be patient and take this trade because it has huge potential to the downside. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
2
Weekly Perspective (USDCAD)Hey Guys, The pair is forming a trend continuation on the lower time frame.Remember guys we are in this trade from the top now we need to find the perfect exit for this trade once we see a breakout of the trend line we will hold the trades,If we see a continuation to the upside with nice bullish impulse that the time we exit our trades without any hesitation. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (USDJPY)Hey Guys, The pair is forming a trend continuation pattern to the downside.Overall the pair is in a weekly corrective structure.Nothing much to say about this pair but it has huge potential to the downside remember if you were following me on telegram you got the trade from 112.02 levels and now were are going to add more to this wave unless we see a reversal from the bottom. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Pespective (GBPJPY)Hey Guys, The pair formed a trend continuation pattern on the downside.We have our earlier trades open on this pair because we figured out that this pair has a huge potential.We have a minimum of 500 pips move downside.Don't forget to take this trade.I hope you guys who followed me got that trade & now be prepared for this move. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (GBPAUD) Hey Guys, The pair tested the resistance trend line & made a continuation to the downside.The fastest moving currency is currently moving slow.But if we are in this trade we wont regret "This pair has huge potential to the downside".I hope you guys dont get bored reading the same stuffs.So i have a sell setups here look for continuation on the lower degree to grab this trade and be patient. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
1
Weekly Perspective (AUDUSD),(USDAUD)hey guys, The pair is forming a trend continuation pattern to the downside having strong potential southwards.Wait for confirmation on the smaller time frame for the perfect entry.Current we see that the bias is bearish & the pair is in a downtrend of the corrective structure.Another entry can be on the breakout if you are a breakout trader both strategies work well unless you know how to execute it. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (USDJPY),(JPYUSD)Hey Guys, The pair is Inside the corrective structure & a short term upside move is possible I will be updating this pair on the smaller time frame so that you guys can see that it is forming a trend continuation pattern which is the ABC corrective structure & that move will complete its corrective structure & we may see a strong impulse wave to the downside.Very Much short term trade to the upside on trade that if you have a strategy or wait for more confirmation to enter short. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (AUDJPY),(JPYAUD)hey guys, The pair is consolidating by making a corrective structure to the downside we are expecting more downside on these pairs they have huge potential trade setups and the bias remains bearish.The pairs are inside a bigger corrective structure of ABC this week we are expecting a completion of wave B & from next week we would be looking to buy the wave C. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly perspective (CADJPY),(JPYCAD)hey guys, The pair is forming a trend continuation pattern and move towards the south.I have been following this pair for quite along time and here we got a continuation which is a smaller continuation compared to the previous bigger which got a break below so we were not interested in selling.this is a good time to enter the trade and make some money on this.On both the charts you see the pair is forming a trend continuation pattern & that's the point where we decide to enter the market or not we have a aggressive move downside followed by a corrective structure and we are expecting that this corrective structure can continue its trend this week. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex