Defining Forex Supply / Demand Zones (continued)

In this article, we continue to study the trading methodology from the demand/supply zones of Sam Seyden and his followers. You can familiarize yourself with the first article at the link – “Forex Trading from Supply and Demand Zones“.

USDJPYH4 -supply and demand zones

The trading strategy in supply / demand zones is quite simple and methodologically fundamentally not particularly different from trading at support / resistance levels. Continue reading

Forex trading from supply and demand zones

Trading in financial markets from levels (or zones) of supply and demand is traditionally associated with the methodology developed by Sam Seiden and his colleagues.

ping-pong from demand and supply

This methodology is extremely interesting for traders for several reasons. First of all, it is quite simple to understand and based on the basic principles of market interaction of supply and demand. It does not use complex technical indicators and, according to many traders, it provides significant advantages in the real trading of any financial instruments. Let’s delve into this methodology together. Continue reading

Trader’s workplace – how many monitors are needed

If you decide to trade seriously and for a long time, then sooner or later you will have a question: how many monitors are needed and how to organize your workplace correctly.

Linda Raschke's Workplace

In the photo above, you see the desktop of Linda Raschke, the author of the popular book “Street Smarts — High Probability Short Term Trading Strategies”. In this article I want to share with you my experience of working space organization for trading in the Forex market. Continue reading

Recession in the USA on the threshold – inversion of the US yield curve

The fall in yields on benchmark US government bonds (10-year) in the past few days has pulled down the entire long edge of the yield curve.

US10Y

This led to the inversion of the yield curve for a plot of 2 to 5 years. What does this mean and when should we expect a recession in the USA? Continue reading

Mysteries of the forex economic calendar

The economic calendar is one of the most important information tools in trading. Numbers that appear in it depend on the actions of a huge number of traders, which leads prices for financial assets (currencies, stocks, etc.) to very volatile movements.

rabbit in the headlights

Do we understand where this data comes from and who provides it? Continue reading

Long-term levels on the main currency pairs of the forex market, gold and oil

Support and resistance levels are one of the most important methods of technical analysis on Forex.

Support and resistance levels

In this article, I quote the long-term levels for the main currency pairs on the forex market, as well as the US dollar index (USDX), gold and oil. Continue reading

How to trade in triangles on Forex

Triangle is a quite common technical figure on Forex. Traders need to know how to open positions in the triangle with the least risk.

False Breakdown of the Triangle on Forex

The technical figure Triangle and the principles of working with it are described in detail in the article “Figure of the technical analysis Triangle – use on a Forex”. In this article I will describe in detail the scheme of actions for the opening of trading positions in this technical figure on a real example. Continue reading

Dead cat bounce on forex

Dead cat bounce – a price model in financial markets, which means a false rebound in the price after a sharp drop in the asset. After the rebound, the price of the financial asset continues to go down.

Dead cat bounce on forex

This expression came to forex from the stock market, but can be applied to any financial assets. Continue reading

Golden rules of Forex trading

The forex market is a total hell. The most risky market in the world.

Trader at the gates of hell forex
And to survive on it, you must observe the basic rules of work in the foreign exchange market. Continue reading

Analysis of COT reports at forex – does this make sense?

Analysis of COT reports is one of the most popular methods for analyzing the dynamics of currency pairs in the forex market.

US. Commodity Futures Trading Commission
However, does the analysis of currency futures in the format of the weekly reports of the Commodity Futures Trading Commission have a practical advantage for trading in the foreign exchange market? Let’s understand. Continue reading