How to trade EUR/USD?

How to trade EUR/USD?

How to trade EUR / USD?
I think EUR / USD is one of the most traded pairs worldwide.
I do not trade this pair that much, but that does not mean that it is not a nice pair to trade.
The pair moves very differently than for example GBP / JPY and if you like a bit more relaxed trading then EUR / USD could really be your pair to trade!
Many swing traders like EUR / USD as it moves or not as fast as GBP / JPY, but in the longer term this pair can get you a lot of pips.

The behavior of EUR / USD. – How to trade EUR / USD?

EUR / USD makes a lot less fake outs and is therefore also a pair that is good for a novice trader to trade.
Especially if you want to start off a bit more slowly and don’t want to burn your fingers on a more manipulative pair like GBP / AUD for example.
If you are a bit more impatient as I can sometimes be, I don’t think EUR / USD is your pair to trade.
A trade on this pair can sometimes take a long time to reach your TP.
But once EUR / USD moves, it can also move quickly.

How to trade EUR/USD?

How to trade EUR / USD?

Above we see the EUR / USD Chart on the h4 timeframe.
We see here that EUR / USD actually quickly gives a rejection in the Supply zone and then also comes down.
We do not see any Fakeout and that is also something you rarely encounter on EUR / USD.
Waiting for a possible fake out is therefore not recommended for this pair.

In general, EUR / USD moves very smoothly between the zones.
What can sometimes make it a bit dangerous when you are going to scalp this pair is that this pair tends to get into consilidation more.
Which in turn ensures that your trade can still go in all directions after the consalidation.
EUR / USD is a very attractive pair for swinger traders.
Because once EUR / USD goes into a certain direction, this pair often keeps going for a while.

How to trade EUR/USD?

How to trade EUR / USD?

Above, I have posted another EUR / USD chart on the h1 timeframe.
We see here again how EUR / USD approaches the zone and does not shoot through but actually rejects the zone twice and comes back down.

And if you paid attention in the previous blog, you can also see here how the price got into the zone with high volume.
And we know what indication that volume bar can give right?

To be able to see and recognize this, it is better not to have lists of forex pairs open in the beginning.
Preferably choose 3 and get to know them completely.
You often see the behavioral patterns of a specific couple very well.
And so you can learn to trade better.
The trick is not the more the better but the less the more winning trades you will eventually make.

Besides what I have now explained, you should of course pay attention to more things before taking a trade.
Do you want to know what exactly? You will learn all this in the course, but applying it will take some practice.

Do you want to become Success Supply and Demand Trader or want to know how to trade EUR / USD?

If you are a beginner trader and to become a good professional forex trader. Want to know more about How forex leverage works? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demandjoin THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

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How to use volume in Forex Trading?

How to use volume in Forex Trading?

How to use volume in Forex Trading?

A handy tool that I often use when trading Supply and Demand is volume.
Actually, I always have it there as confirmation for a possible trade.
But what exactly does the volume indicator tell you and how do I use the volume in my trades?
I’ll tell you more about it in this blog.

For me it is important in my strategy to also keep an eye on the volume on the market and especially at certain Supply and Demand levels.
Because the volume can already tell you a lot or can even sometimes give a sign that the price could reverse at a particular Supply and Demand zone.

Just have a look at the image below.

How to use volume in Forex Trading?

How to use volume in Forex Trading?

In the image above we see a nice Supply zone where the price comes for the first time.
And if we simultaneously look at the volume below, we also see that something is happening there.
The high volume already gives us an indication that the buyers are giving the last hard push up.
So this “may” be the first sign of a possible reversal and that the price will fall again.
I put “can” here in parentheses ” because this is not a direct signal to go sell.
For this you have to confim a number of other things before you can determine whether this is a nice sell.

How to use volume in Forex Trading?

And so you can get much more prestige with the volume bar, such as possible fake outs.
Or that there is a bigger indication that price is breaking through the zone.
That’s why I will always advise everyone to always use the volume bar in your charts.
It is a handy tool and can always give you more confirmation of a possible trade.
And sometimes also give an indication in advance which way the price could possibly go.

If you are already a member of the forex scalpers community, I will certainly recommend that you read the chapters about volume very carefully and apply them in your trading.
Are you not yet a member of the forex scalper community and do you want to know all the ins and outs about trading Supply and Demand in combination with the use of the volume bar? Then you can always join the course, I have explained everything clearly and step by step.

Do you want to become Success Supply and Demand Trader or want to know how to trade?
How to use volume in Forex Trading?


If you are a beginner trader and to become a good professional forex trader. Want to know more about How forex leverage works? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

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TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker. They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

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Questions I Get Asked as a Forex Trader.

Questions I Get Asked as a Forex Trader.

Questions I Get Asked as a Forex Trader.

Every day I am inundated with questions in the email on instagram and other platforms.
Today I am going to answer the most frequently asked questions in this blog.

Many questions also come from the beginners in the Forex market
and for many of you the questions will make no sense but let’s go through them together.

The number 1 most frequently asked question:

1.  “Where you you think (random currency) is gonna go?”
Questions I Get Asked as a Forex Trader.

Okay, this question is very often asked.
And no unfortunately I am not a clairvoyant and I have no idea where exactly the price will go.
First of all, this question is also super vague and I will appreciate it if you give me a little more information to have a good answer for you.
For example you ask me “Where do you think EUR / USD is going?”
Uhm yes you mean next year? Today? In a week or in a whole month?
And even then I cannot give you an answer with certainty.
There are several things to look out for and my opinion can change every day.
We have to sail with the waves.
So if you ever ask me this question you will always receive the same answer:

I have no idea, as no one can know exactly and no more than you can know.
And that’s not wrong and I’ll be lying if I said I did.
You know what it is, I review it every day.
I open my charts see a nice trade developing, change maby my opinion about another trade and that’s how we look at it from day to day.
But the fact is I can’t tell you exactly where EUR / USD is next month.

2. What do you think of “this” or “this” trader?

I am also asked this question daily and to be very honest with you I am not concerned with that.
I am mainly focused on my trading, my companies and of course my community.
So this question is also very pointless to ask me.
I will never pass judgment on anyone who I do not know personally and not know his way of trading.

3. “Based on (world/political event), what do you think this currency is going to do?”
Questions I Get Asked as a Forex Trader.

I can never give you the answer to this question with certainty.
But with some events you can know certain things.
For example, when President Trump was elected president,
this was seen as good for the economy and bad for the price of the USD.
Trump wanted exports to go way up, and a cheaper dollar was a big part of that.
Just know that any time a conservative leader is elected, it’s generally seen as good for the economy.

Do you want to become Success Supply and Demand Trader or want to know how to trade?
Questions I Get Asked as a Forex Trader.

If you are a beginner trader and to become a good professional forex trader. Want to know more about How forex leverage works? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
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====================== 
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Supply and Demand simplified

Supply and Demand simplified

Supply and Demand simplified
It is very important in Forex trading that you understand the Supply and Demand aspect.
But what exactly is Supply and Demand if you explain it very simply?
And is Supply and Demand trading the same as Support and Resistance trading?
I want to talk about this in this blog.
So that you understand the aspect of supply and demand well and never forget it.

Supply therefore simply means the supply that is there and Demand the demand for what is there.

Demand – Supply and Demand simplified.

First, let’s go into the Demand aspect a bit further.
Demand is simply the amount of a product that buyers are willing to buy at a given price.
Someone is more likely to buy less of something when the price goes up and to buy more of the product when the price goes down.
In short, we find it more attractive to buy something at lower prices and we also buy at lower prices.

Supply and Demand simplified

Supply and Demand simplified

Above you see a Demand curve which shows the amount that people buy at certain prices.
Let’s assume that the diagram represents the daily price and quantity of apples sold by farmers at a local market.
Note that as the price of apples goes down, buyer’s demand goes up.
Thus, if a pound of apples sells for $0.80, buyers will be willing to purchase only fifteen hundred pounds per day.
But if apples cost only $0.60 a pound, buyers will be willing to purchase two thousand pounds.
At $0.40 a pound, buyers will be willing to purchase twenty-five hundred pounds.

Supply

Now that you understand Demand, let’s talk about Supply.
Supply is the number of a product that sellers are willing to sell for a specified amount.
Businesses would rather sell a product when prices are high and less when prices are low.
Of course this makes sense you set up a business to make a profit and there is more profit to be made when prices are high.
Now we can construct a supply curve that shows the quantity of apples that farmers would be willing to sell at different prices, regardless of demand.

Supply and Demand simplified

Supply and Demand simplified

As you can see the supply curve goes in the opposite direction from the demand curve: as prices rise, the quantity of apples that farmers are willing to sell also goes up.
The supply curve shows that farmers are willing to sell only a thousand pounds of apples when the price is $ 0.40 a pound, two thousand pounds when the price is $ 0.60, and three thousand pounds when the price is $ 0.80.

Equilibrium – Supply and Demand simplified.

Now that we have seen how Demand works and how Supply works, we have to bring them together.
We do this by plotting both the supply curve and the demand curve on one chart.
The point where the two curves meet is called the equilibrium.
At this point, buyers’ demand for apples and sellers’ supply of apples is in equilibrium.

Supply and Demand simplified

Supply and Demand simplified

You can see that the supply and demand curves meet at the price of $0.60 and quantity of two thousand pounds.
Thus, $0.60 is the equilibrium price: at this price, the quantity of apples demanded by buyers equals the quantity of apples that farmers are willing to supply.
If a farmer tries to charge more than $0.60 for a pound of apples, he won’t sell very many and his profits will go down.
If, on the other hand, a farmer tries to charge less than the equilibrium price of $0.60 a pound, he will sell more apples but his profit per pound will be less than at the equilibrium price.

Supply and Demand in Forex trading.

Understanding the concept of supply and demand makes it very easy to spot Supply and Demand zones in the charts.
While this would be in hindsight, it will give us a good indication of where to look for our trades in the future.

It is important to understand that the theory of supply and demand forex trading is based on analyzing and defining zones in the past.
These zones determine where we can expect the price to respond in the future.

Why should we expect a price reaction?

Let’s get back to Apples and shoppers.
Say, for example, you could buy one Apple at a price of $1.
We have only five apples to sell, but buyers are asking for ten apples to buy.
So five apples were sold at $1, and no sellers were found for the five remaining orders.
Remember these five unsatisfied orders for later.
Obviously, the price would jump up to $1.50 per apple to attract more producers to provide more supply.
Later on, supply exceeds the buyer’s willingness to pay for the expensive apples, and the price drops back to $1.

The five orders at $1 per apple are assumed to be there waiting.
Their request will be filled immediately, as they are first in line for apples at the rate of $1.

Something similar happens in the Forex market.
When the price changes, we can assume a high likelihood of unfilled orders.
These orders are waiting and they will be the first to be executed once the price returns for the first time to the demand level of $ 1.

I hope that I have now clarified exactly what the concept Supply and Demand is.

Do you want to become Success Supply and Demand Trader or want to know how to trade GBP/AUD?

If you are a beginner trader and to become a good professional forex trader. Want to know more about How forex leverage works? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demandjoin THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

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How to trade GBP/AUD?

How to trade GBP/AUD?

How to trade GBP/AUD?

How to trade GBP/AUD? The GBP / AUD pair is one of my favorite Forex pairs.
GBP / AUD may not immediately be one of the easiest forex pairs to trade.
And I certainly will not recommend this pair if you have just started trading Forex.
But once you get to know this pair behavior, you can’t help but love it.

The behavior of GBP / AUD.

If you are used to trading EUR / USD you will say that on average this is a somewhat slower pair that also does not have much manipulation.
With GBP / AUD this is different and you can hardly do anything but wait for the manipulation before taking a trade.
It is a more aggressive pair that you will penalize if you take the trade too early.
But the advantage of this is that once you learn to recognize the behavior, it can also give you a lot of pips very quickly.

How to trade GBP/AUD?

How to trade GBP/AUD?

Above we see the chart of GBP / AUD on the h1 timeframe.
From the Supply we can already see that GBP / AUD breaks the baseline twice and then comes back again and closes below the baseline.
For me this would already be a good indication of a possible sell position.
Of course we also pay attention to all other signals and do not immediately take a sell position on them.
The first time the price hits the baseline, you see that the price also goes down, but then up again.
This could probably mean an SL for some traders.
Therefore, always wait with GBP / AUD first and preferably let him get a little deeper into the zone before taking a possible Sell position.
The trick with GBP / AUD is to have a lot of patience and you should absolutely not be bothered by the FOMO.
And if we look at the demand level, we actually see exactly the same thing happening.

How to trade GBP/AUD?

How to trade GBP/AUD?

In the image above I have switched to the m30 time frame, here you can recognize the possible entries even better and take them even faster.
Do you see what I mean?
To be able to see and recognize this, it is better not to have lists of forex pairs open in the beginning.
Preferably choose 3 and get to know them completely.
You often see the behavioral patterns of a specific couple very well.
And so you can learn to trade better.
The trick is not the more the better but the less the more winning trades you will eventually make.

Besides what I have now explained, you should of course pay attention to more things before taking a trade.
Do you want to know what exactly? You will learn all this in the course, but applying it will take some practice.

Do you want to become Success Supply and Demand Trader or want to know how to trade GBP/AUD?

If you are a beginner trader and to become a good professional forex trader. Want to know more about How forex leverage works? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demandjoin THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
Results – Instagram
====================== 
Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker. They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

 

How to trade US30?

How to trade US30?

How to trade US30?

I am personally a big fan of trading US30 in addition to trading forex pairs.
US30 is especially nice to trade from the lows to the highs and from the highs to the lows.
Have you never traded US30 yourself?
Then it is highly recommended.
It is much less aggressive than gold, for example.
In this blog I will tell and explain a few things about trading US30.
And I hope that at the end of this blog you will understand a little more about the behavior of US30 and can apply it in your own trading.

How to trade US30?

Linechart. How to trade US30?

I’ll start with the US30 line chart in the example above.
You see how the price ranks between the 2 lines for a while.
Before US30 finally breaks out of range again.
We see this behavior very often in US30 and this is also important to take into account.

Even if you look back in the past on the chart of US30, we often see these ranging patterns.
You can often take multiple trades in such a ranging period (Buy and Sells).
This is what makes trading US30 so attractive.

M15 Chart – How to trade US30?

Above I added the chart with the candlesticks and of course the Supply and Demand zones.
Do you see how many great trades you could have taken from the Supply and Demand zones in this ranging period?
Us30 does not make as many fake outs as gold, for example, so you have to pay attention to other things than gold.
What we pay particular attention to at US30 are the possible signs of a reversal in the Supply and Demand Zones.

Again, we pay attention to a number of points before we can take a possible Sell or Buy on US30.
For example, pay attention to the volume, do you see those higher spikes when it breaks through the zone at the top and then comes back down again?
These can often be signs of a possible reversal.
Of course you check this together with a few other important points.

We see above this supply zone is another important liquidity level / line where we know that the price will probably touch it first before the price will reverse again.
This is also an important point to consider before you buy or sell.

How to trade US30?
These are just a few of the points where I am all looking out for a trade open on US30.
Many members also know how to recognize these and now use them.
Soon I will be blogging about the behavior of a specific forex pair.
Can’t wait for that?
Then start the course now and I will explain everything in detail and if you use the code ‘15% off’ you will now also get a 15% discount on the course.

Do you want to become Success Supply and Demand Trader or want to know how to handle a losing trade?

If you are a beginner trader and to become a good professional forex trader. Want to know more about How forex leverage works? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demandjoin THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
Results – Instagram
====================== 
Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker. They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

 

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