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Looking for a better pair to trade after blowing multiple accounts with GOLD Market πππ
Multi Timeframe Analysis (MTFA) involves using multiple timeframes to analyse a currency pair.
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Utilising multiple timeframes gives the trader a wide reading of the market.β£β£β£β£β£β£
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Following the trends on higher timeframes is a lower risk strategy as there is a higher chance that price action will continue with the long term trend. β£β£β£β£β£β£
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For example if the long term trend is in an uptrend and the short term trend is in a down trend, then short trades or sell positions has to be taken cautiously as it is likely the currency pair is currently in a pullback or retest.
β£β£β£β£
Utilising multiple timeframes gives the trader a wide reading of the market.β£β£β£β£β£β£
β£β£β£β£β£β£
Following the trends on higher timeframes is a lower risk strategy as there is a higher chance that price action will continue with the long term trend. β£β£β£β£β£β£
β£β£β£β£β£β£
For example if the long term trend is in an uptrend and the short term trend is in a down trend, then short trades or sell positions has to be taken cautiously as it is likely the currency pair is currently in a pullback or retest.
Trade While They Sleep
Learn While They Party
Save While they Spend
Live Like They Dream
The freedom and lifestyle of abundance that you desire is on the other side of discipline, effort and consistency.
Learn While They Party
Save While they Spend
Live Like They Dream
The freedom and lifestyle of abundance that you desire is on the other side of discipline, effort and consistency.
"Trading isn't just about strategy β it's about mindset.π§ "
Every loss, every annoying fakeout is teaching you one thing: *PATIENCE* .
This chart says it all: π The red candles? They represent the tough times.
π The green candles? That's what happens when you stay calm, disciplined, and keep showing up.
π In Forex, patience isn't just a virtue β it's your edge.
Keep learning. Keep waiting for the right setups.
Let the market come to you.
Every loss, every annoying fakeout is teaching you one thing: *PATIENCE* .
This chart says it all: π The red candles? They represent the tough times.
π The green candles? That's what happens when you stay calm, disciplined, and keep showing up.
π In Forex, patience isn't just a virtue β it's your edge.
Keep learning. Keep waiting for the right setups.
Let the market come to you.
π‘ Why the Dollar is Going Up This Week (In Simple Terms):
1. The U.S. Economy is Still Strong
People in the U.S. are still spending money and the job market is doing well. That makes investors trust the dollar more.
2. Inflation is Still High
Prices in the U.S. arenβt falling fast enough, so the U.S. central bank (the Fed) is not ready to cut interest rates yet. High rates usually make the dollar stronger.
3. The Fed is Playing it Safe
The Fed said theyβll likely cut interest rates only once this year instead of three times. That made the dollar more attractive to investors.
4. The Dollar is a Safe Place
With uncertainty in other parts of the world (like Europe and Asia), many traders and investors are putting their money into the dollar for safety.
1. The U.S. Economy is Still Strong
People in the U.S. are still spending money and the job market is doing well. That makes investors trust the dollar more.
2. Inflation is Still High
Prices in the U.S. arenβt falling fast enough, so the U.S. central bank (the Fed) is not ready to cut interest rates yet. High rates usually make the dollar stronger.
3. The Fed is Playing it Safe
The Fed said theyβll likely cut interest rates only once this year instead of three times. That made the dollar more attractive to investors.
4. The Dollar is a Safe Place
With uncertainty in other parts of the world (like Europe and Asia), many traders and investors are putting their money into the dollar for safety.
π― βMaster your emotions, master the market. The moment you trade without emotions, you gain control β not just of your trades, but of your future.β πΌπ
#DisciplineOverDrama
#DisciplineOverDrama
π USD/XXX Gapped Up & XXX/USD Gapped Down
1. U.S. Strikes on Iran
President Trump ordered strikes on Iranian nuclear facilities, an escalation in the IsraelβIran conflict with direct U.S. involvement . This raised geopolitical tension significantly.
2. Spike in Oil Prices & Inflation Risk
The attack triggered fears of disruptions to Middle Eastern oil supplies, sending crude prices soaring (up 7β18%).
Higher oil = stronger USD (inflation hedge) and pressure on growth-sensitive currencies like GBP.
β What It Means for Traders
1. Gaps on currency pairs reflect sudden shifts in risk sentiment and capital flows.
2. USD strength reflects demand for safe assets amid uncertainty.
3. High oil/inflation may slow global growth, affecting risk currencies.
1. U.S. Strikes on Iran
President Trump ordered strikes on Iranian nuclear facilities, an escalation in the IsraelβIran conflict with direct U.S. involvement . This raised geopolitical tension significantly.
2. Spike in Oil Prices & Inflation Risk
The attack triggered fears of disruptions to Middle Eastern oil supplies, sending crude prices soaring (up 7β18%).
Higher oil = stronger USD (inflation hedge) and pressure on growth-sensitive currencies like GBP.
β What It Means for Traders
1. Gaps on currency pairs reflect sudden shifts in risk sentiment and capital flows.
2. USD strength reflects demand for safe assets amid uncertainty.
3. High oil/inflation may slow global growth, affecting risk currencies.
IRAN THREATENS RESPONSE TO U.S STRIKES
βΆοΈ Traders should be careful this week
βΆοΈ Traders should be careful this week
π FOREX BASICS: KNOW THE TREND
πΌ Downtrend = Price is making series of lower highs and lower lows
β This is when you SELL ( Only Sell Projection)
π Follow the trend, not your emotions. Thatβs how smart traders win. Sellers are more active in the market than the Buyers
#ForexTips #TrendTrading #SellTheTrend #ForexForBeginners
πΌ Downtrend = Price is making series of lower highs and lower lows
β This is when you SELL ( Only Sell Projection)
π Follow the trend, not your emotions. Thatβs how smart traders win. Sellers are more active in the market than the Buyers
#ForexTips #TrendTrading #SellTheTrend #ForexForBeginners
You werenβt born to just pay bills and die.
Your life should be more than:
β Wake up
β Work
β Repeat
Start building something that pays you while you sleep.
π Freedom
π° Passive income
π§ Control of your time
Whatβs your #1 goal for financial freedom?
Your life should be more than:
β Wake up
β Work
β Repeat
Start building something that pays you while you sleep.
π Freedom
π° Passive income
π§ Control of your time
Whatβs your #1 goal for financial freedom?
There are 3 types of trading mindsets:
1οΈβ£ Gambler: chasing quick wins
2οΈβ£ Learner: focused on growth
3οΈβ£ Pro: disciplined, patient, consistent
Which one are you right now? π
1οΈβ£ Gambler: chasing quick wins
2οΈβ£ Learner: focused on growth
3οΈβ£ Pro: disciplined, patient, consistent
Which one are you right now? π