#XAU/USD# Let’s lear... dari Martin.phan

28 Oct 2022, 16:23 · Views 324

#XAU/USD# Let’s learn the very first style of trading today, scalping. Scalp trading is marked by the brief periods between the opening and closing of a trade. It is simultaneously furious, thrilling, and mind-boggling. Basically, it works by repeatedly grabbing very small amounts of pip throughout the busiest times of the day. You know that many minor wins will eventually lead to a full pocket of money. If you enjoy quick trading, don't mind spending hours in front of charts, and have fast fingers, this approach will suit you.

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Martin.phan

156 Posted · 212 Followers

I am here to talk about my definition, my points of view about Forex market.I am happy to be a part of your profit when my signals can help you!

XAU/USD

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NZDUSD yesterday has increase strongly, but it faces off with the resistance at 0.63470 and felt back down.Now it is going to retest its old top 0.63387 and maybe it could be decrease to its own down trendline at 0.62902.Waiting until it retest at its old top then consider Sell options: Sell:0.63398, 0.63470,S/l:0.63558,T/p:0.63046,0.62866

Martin.phan

#NZD/USD# NZDUSD was down like I expected yesterday to 0.62108, and now it is waiting to absorb money to create an uptrend short-term to 0.63000, which is a key resistance.At that point, it will show whether the price could fly up further or bounce down deeper 0.62108.I suggested for scalping Buying sides: +Buy:0.62353,S/L:0.62108,T/P:0.62987

Martin.phan

NZDUSD is breaking trendline is head down to 0.63024, this is could be a signal for short-term downtrend to 0.62327.By the side, there is fibo 0.236 at .62974 which is a support but not really strong and it could be broken also.Considering for Selling options than Buying. +Sell: 0.62958, S/L:0.63030,T/P:0.62338

Martin.phan

Failure is the mother of success. It doesn't mean you are not good enough, but simply that you will have a chance to review, learn your past mistakes and put in more effort to win back the next time. Start crunching the losses from unsuccessful trades and creating profits with these three ways: 1. Calculate your performance 2. Drill down on your losers 3. Calculate your trade expectancy Get in the habit of regularly checking your performance to gain insight into the behaviors and factors that can affect your trading results. Rest assured, your effort will be rewarded.

Martin.phan

Don’t confuse margin and leverage. Though their relationship is interdependent, each functions distinctively. Leverage is the ability to control a large amount of money using none or very little of your own money and borrowing the rest. For example, to control a $100,000 position, your broker will set aside $1,000 from your account. Your leverage in ratios is now 100:1 and you have control over $100,000 with only $1,000. Meanwhile, margin is the initial amount of money that you have to deposit into your account in order to start transactions, including leverage uses, with your broker. Margin is usually expressed as a percentage of the full amount of the position. If your broker requires a 2% margin, you have a leverage of 50:1.

Martin.phan