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Price Action.
📈 The most well-known Price Action pattern is Pin Bar.
▪️ This pattern is a formation that occurs before a local trend change.
▪️ The Pin Bar candlestick pattern can signal the beginning of a trend change, even before trend indicators were able to detect it.
▪️ Therefore, the Pin Bar is a reversal pattern consisting of two candlesticks.
The upper or the lower candlestick (based on bullish or bearish trend direction) is called a reversal candlestick, has a small body, a long shadow on one side and a small shadow on the other. The first candlestick (usually on the left) can be of any kind. The long shadow of the reversal candlestick goes towards the initial trend direction, and the candlestick body is located between the highest and lowest levels of the first candle.
📍 Note that the high/low of the reversal candlestick coincides with the local high/low on the chart.
📈 The most well-known Price Action pattern is Pin Bar.
▪️ This pattern is a formation that occurs before a local trend change.
▪️ The Pin Bar candlestick pattern can signal the beginning of a trend change, even before trend indicators were able to detect it.
▪️ Therefore, the Pin Bar is a reversal pattern consisting of two candlesticks.
The upper or the lower candlestick (based on bullish or bearish trend direction) is called a reversal candlestick, has a small body, a long shadow on one side and a small shadow on the other. The first candlestick (usually on the left) can be of any kind. The long shadow of the reversal candlestick goes towards the initial trend direction, and the candlestick body is located between the highest and lowest levels of the first candle.
📍 Note that the high/low of the reversal candlestick coincides with the local high/low on the chart.
Forwarded from VIP premium
Risk is like a weapon and a shield for us
If a person is in trouble, he may do some lucky hunting and may destroy himself and his capital
The problem is that the conditions of the trading world are such that it is always possible to take risks
It means that you can start taking risks at any moment of the day and night (thanks to forex and crypto market).
A person relates risk taking to the result
That is, if it makes a profit, it means that it was a good risk
If it was a loss, he says it was a bad risk and he is not satisfied
But taking risks has nothing to do with the result
As long as we don't take risks, the result will not be clear for us
The risk output is not known in advance because we are not forecasters
Our duty as traders is to take risks and be ready for the next opportunity to take risks
The result of the previous 100 risks does not determine the result of the next risk
We should be so comfortable with this weapon that it becomes a part of us
Let his worry and kick be in our hands
Just as it is important to take risks, it is important not to risk everything
Taking risks is something that both professional traders and amateurs do
But a professional trader takes risks with a plan and moves forward according to statistics
The result of the previous transaction does not affect the next transaction
He takes risks on every risk and transaction in such a way that if there is a loss, his cool will not be destroyed
A trader should become friends with taking risks, not the result of risk, and have a plan for risk, and for each shot from his gun, he should wait well until the desired prey is found and then shoot.
Get ready market is starting soon 📍🦾
If a person is in trouble, he may do some lucky hunting and may destroy himself and his capital
The problem is that the conditions of the trading world are such that it is always possible to take risks
It means that you can start taking risks at any moment of the day and night (thanks to forex and crypto market).
A person relates risk taking to the result
That is, if it makes a profit, it means that it was a good risk
If it was a loss, he says it was a bad risk and he is not satisfied
But taking risks has nothing to do with the result
As long as we don't take risks, the result will not be clear for us
The risk output is not known in advance because we are not forecasters
Our duty as traders is to take risks and be ready for the next opportunity to take risks
The result of the previous 100 risks does not determine the result of the next risk
We should be so comfortable with this weapon that it becomes a part of us
Let his worry and kick be in our hands
Just as it is important to take risks, it is important not to risk everything
Taking risks is something that both professional traders and amateurs do
But a professional trader takes risks with a plan and moves forward according to statistics
The result of the previous transaction does not affect the next transaction
He takes risks on every risk and transaction in such a way that if there is a loss, his cool will not be destroyed
A trader should become friends with taking risks, not the result of risk, and have a plan for risk, and for each shot from his gun, he should wait well until the desired prey is found and then shoot.
Get ready market is starting soon 📍🦾
Forwarded from VIP premium
❗️IMPORTANT RULE❗️ 🚨 For any Order you should use 2 % from your account , some traders can't calculate it !!!!!!
Ex : If your account is 1000 $ * 2% = 20 $
so , if SL hitted you will not lose more than 20 $
whatever SL 50 pips or 100 pips , your loss can't be more than 20$
🚨To do that you should adjust position size (Lot size)
use online lot size calculator ,it will help you much
https://www.babypips.com/tools/position-size-calculator
🚨Remember that Money Management and Risk Management are Forex Holly Grail
Ex : If your account is 1000 $ * 2% = 20 $
so , if SL hitted you will not lose more than 20 $
whatever SL 50 pips or 100 pips , your loss can't be more than 20$
🚨To do that you should adjust position size (Lot size)
use online lot size calculator ,it will help you much
https://www.babypips.com/tools/position-size-calculator
🚨Remember that Money Management and Risk Management are Forex Holly Grail
Babypips.com
Position Size Calculator - Babypips.com
The position size calculator helps forex traders find the approximate amount of currency units to buy or sell to control your maximum risk per position.
Forwarded from VIP premium
We will not publish Signals today because low volatility!
Free signal will be published soon from our VIP premium group!
Forwarded from VIP premium
🥇 Forex Signals 🥇
📆 Signal Published ::::::: 19/11/2024
✅ Symbol ::::::: USDCHF
📈 BUY AREA ➡️ 0.8826
💠 Take Profit 1 : 0.8860
💠 Take Profit 2 : 0.8905
💠 Take Profit 3 : 0.8985
💠 Take Profit 4 : 0.9060
✖️Stop Loss ➡️ 0.8766 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
📆 Signal Published ::::::: 19/11/2024
✅ Symbol ::::::: USDCHF
📈 BUY AREA ➡️ 0.8826
💠 Take Profit 1 : 0.8860
💠 Take Profit 2 : 0.8905
💠 Take Profit 3 : 0.8985
💠 Take Profit 4 : 0.9060
✖️Stop Loss ➡️ 0.8766 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
❗️For any signal use maximum 2% from your account , market will never hurt you
Forwarded from VIP premium
🥇 Forex Signals 🥇
📆 Signal Published ::::::: 19/11/2024
✅ Symbol ::::::: USDCHF
📈 BUY AREA ➡️ 0.8824
💠 Take Profit 1 : 0.8855
💠 Take Profit 2 : 0.8900
💠 Take Profit 3 : 0.8980
💠 Take Profit 4 : 0.9060
✖️Stop Loss ➡️ 0.8764 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
📆 Signal Published ::::::: 19/11/2024
✅ Symbol ::::::: USDCHF
📈 BUY AREA ➡️ 0.8824
💠 Take Profit 1 : 0.8855
💠 Take Profit 2 : 0.8900
💠 Take Profit 3 : 0.8980
💠 Take Profit 4 : 0.9060
✖️Stop Loss ➡️ 0.8764 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
❗️For any signal use maximum 2% from your account , market will never hurt you
❗️For any signal use maximum 2% from your account , market will never hurt you