Trade with Smartfx

TREND CONTINUATION During trending markets, price creates something called Impulses and Corrections. The correction can also be regarded as pullbacks and it creates another opportunity for Buyers to step into the market and aim that impulsive move. So as a professional trader, we need to always anticipate only the impulsive move as it implies that you're following the trend. The trend in this case is our friend.

OFFICE JOB vs TRADERS Becoming a trader is highly rewarding as compared to other profession but it may also be challenging if one try to embark on the journey alone. Trading creates a lifestyle that may seems unattainable to most people as the freedom of independence is 100%. So if you're aspiring trader and you haven't fully figured out how trading works; don't be pressured and just give it time, make sure to keep learning every single day.

GOOD MORNING TRADERS! It’s yet another day filled with possibilities and opportunities to be great men and women of substance. Let’s be strategic, be purposeful, be focused and most importantly, Let’s live a life of purpose👌 WISHING YOU A LOVELY DAY AHEAD 🙏🏼

TECHNICAL ANALYSIS As we all should know, technical analysis is an act of using old price data to predict the future movement of the market. The theory is that a trader can look at a historical price movements and determine the current trading condition and potential price movements. The three type of trends that we have is? 1. Trending market (Uptrend & Downtrend) 2. Ranging or Consolidation Market 3. Choppy Market. In the above is an example of a downtrending market and it signifies Sellers in control of the market. We added some confluences where price approaches the resistance trendline, price created a pullback and finally we had a double top formation.

Make sure you dnt miss any . I will drop so many signals

NZDCAD...

GBPCAD... M30- OB 1st entry M15- OB Second entry

BTCUSD. H1 for entry...

Happy Sunday everyone

NORMAL PEOPLE vs TRADERS When trading has already become a part & parcel of you then stuffs like this may occur 😂 Trading is fun but greediness and other emotional categories are what kills several traders. Control your emotions. - Stay calm after a win - Stay calm after a loss 1 trade means nothing. 1000 trades mean everything.

Hello everyone.. good morning and happy Sunday... please I literally might not be around nxt week to send signals or trade... But I will drop all swing setup for next week probably tonight... Take your time and set your limits when u see them... I will attach some limits on few... But do not expect me maybe nxt week..

Stop forcing trades. Trading is: - 90% patience - 10% execution If you can't wait for your trades, you will never be a successful trader. Happy Sunday to you all and Happy new trading week guys

📈TRADING IS: 10% BUYING / 10% SELLING / 80% WAITING Rushing into trades without proper analysis and strategy undermines your potential as a trader, leading to financial losses rather than gains. Patient, well-informed decision-making is key to cultivating success and proficiency in trading. (Forex is an act of transferring money from an Impatient trader to a patient trader)

PERFORMING TECHNICAL ANALYSIS IN FOREX Technical Analysis is the study of past price data and traders uses these data to predict the future movement of the market. There are several tools traders use in performing technical analysis such as ( Trendlines, Support and Resistance Levels, Market Structures, Fibonacci Tools, Elliott Wave tools, Top down analysis. etc) These tools are use all together to be able to understand the price action of the market and make a good trading decision.

WICK REJECTIONS IN FX MARKET Personally i think price rejection speaks louder and more than the length of the body when found on higher timeframes. A ‘rejection candlestick’ communicates the rejection (or reversal from) higher or lower prices. The candlestick shows that the market has pushed in one direction but then been rejected. The market is a war between the Bears and Bulls, so during the candlestick formation buyers and sellers are trying all possible best to win.

EURNZD delivered

Gold

Sell gold now

GBPUSD SELL LIMIT @. 1.26628 SL. 1.26764( 11 pips) TP1. 1.26400 TP2. 1.26225 TP3 target..... NFP is dangerous... Be careful of your positions

PICK YOUR TRADE. Here's a downtrend formation showing different selling areas where traders can place an entrie. A breakout of a previous low structure would be regarded as a strong selling pressure but we as a trader needs to wait for a retest of the broken structure before making an entries.