How to trade Gold?

How to trade Gold?

Many who know me know that I love to trade gold.
I really love gold!
If you learn to trade gold in the right way, you will not want anything else I can promise you.
In this blog I will go into more detail about ‘how to trade gold’ and you may understand my love for gold at the end of this blog.

As many already know I only trade Supply and Demand and this way of trading also works extremely well on gold.

Drawing the Supply and Demand zones on gold

If you are a member of my community you now know how to draw the correct Supply and Demand Zones.
And you also know that every forex pair or gold, for example, reacts differently to the Supply and Demand zones.
We know that the behavior of gold, like GBP / JPY, for example, moves a lot more violently than for example EUR / USD.
That means that gold is more likely to fake out at the Supply and Demand Zones.
And we should certainly take this into account when we trade gold.

How to trade Gold?
Above, I took a piece from the XAU / USD chart. I have drawn a Supply zone and a Demand zone here.
As you can see in the image above, it is very unwise to get in too early with gold.
For example, at the first touch of the Supply, we see the price first go through a bit. Then the price falls back and closes below the baseline.
This is a behavior that gold often shows.
My tip is to be patient with trading gold. Truly your patience will be rewarded.
This piece of the chart is from the H1 timeframe and I advise you to also switch to the lower timeframes such as the m30 or the m15 to find a good entry on gold.

When is the right time to take a sell on gold? – How to trade Gold?

To start from the chart above and also only the h1 timeframe.
Would be the correct time to take a sell on gold if the price has come back and then closed below the baseline.
The members who have completed the course know how to draw a correct baseline.
Of course this is not the only thing we should pay attention to and you should also check the other points explained in the course to see if the trade is valid to take.
Among other things, we still have to pay attention to the right volume, what is the momentum, and the higher time frames or whether there are no other important zones in the area.
Only if this is all correct can we take a nice Sell from the Supply on gold.

How to trade Gold?

The XAU / USD chart now on the h1 timeframe.
We see that the price is now entering the Supply zone and we now have to wait and see what the price does here.
Above the Supply zone we see another Supply zone which is also clearly visible on the H4 time frame. So we have to take this into account.
There is a good chance that the price will rise further to the Supply zone above because this is also an h4 zone.
So again have patience and watch how the price develops.
Also pay close attention to the volume and the possible reversal at 1 of the 2 supply zones.

I hope that I was able to make it clear in brief how I trade gold and what you should pay attention to when trading gold.
If you want to go deeper into this subject, you can always join my course and you will learn everything about trading gold.

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

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How to handle a losing trade?

How to handle a losing trade?

How to handle a losing trade?
Let’s face it we all know that every now and then we have to deal with a losing trade.
And this is not bad at all and this is completely part of it.
And if you have good risk management, it doesn’t have to hurt at all.

I think every trader can identify with blowing up your trading account.
This often happens when you have just started trading and you think you are all there with just a good trading strategy.
Then your trade goes into the min and you stick to your strategy and you move your stop loss more and more or you remove it completely.
Eventually the trade keeps going the other way and you get that annoying message from a margin call.
I bet almost all novice traders have had to deal with this at some point.

How to handle a losing trade?

Or simply the fact that you trade too large a lotize on your account that is too small.
This one will also be familiar to many traders, I think especially in the beginning of the trading career.
How painful is it if you lose your entire account with just 1 losing trade that you may have spent months trading it together? ouch!

But how do experienced traders do this, how do they deal with a loss?
It is actually very simple use strict risk management!
Perhaps this is also one of the most important parts that you should learn before you start trading.
Only risk a small percentage of your account at a time!

How to handle a losing trade
How to handle a losing trade?

Give your trade room to move and don’t worry too much.
And if a trade takes too much time to gain profits, you take the loss and cut the trade lose earlier and than you can look for other trades!

How to handle a losing trade?

Just remember that you are going to lose money. This is going to happen, and it cannot be avoided in the long term no matter what you do.
There are factors outside of your control, and this means that you can prepare as much as you like, something will still go wrong.
Keeping that in mind, remember also that this doesn’t have to be a bad thing.
If you lose money, so be it.
The fact of trading is that things move very fast.
If you actually expect to lose some of the time, but make larger winning trades when you do win compared to when you lose, then you are making progress and profit.

Everyone knows it gets rough, and you can’t just ‘win’ because of luck, or even your skills.
Sitting back and cutting your losses is actually part of a successful trader mindset.
Ignoring this makes no sense.

Set a reasonable loss limit and leave it there. Then get on with your trading.
This way, no matter what happens, you’re not going to lose everything even if you have a bad day.

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. 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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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

Trends And Structure trading / Supply & Demand.

Trends And Structure trading / Supply & Demand.

Trends And Structure trading Supply & Demand.

The market moves in 3 structures: uptrend, downtrend and sideways. The whole market revolves around these three concepts – this is how the market can move.

-Up Trend: If the trend goes up the Euro is worth more.
-Down Trend: If the trend goes down the Euro will lose in value.
-Sideways Trend: Prices move in a narrow range.

Trends And Structure trading

Trends And Structure trading

In the video below I will go into more detail on Trends and Structure trading in combination with supply and demand trading.
We all know that following the trend in forex trading can be very important.
Of course we can also take countertrades, but the fact remains that countertrends are generally a lot more risky than the trades that go in the trend direction.

Especially for novice traders, the traders with less experience, I strongly recommend not to trade against the trend as long as you do not have enough experience.
Following Trends and structure in trading is also very important, especially if you want to go for a bigger profit.

I often see this happening in my community, then I get the question why did this trade go wrong?
Why did this trade hit my SL? And you often see that a counter trade has been taken with a much too high TP level.
Which is less likely to hit this TP with a counter trade.
With a counter trade if you still want to trade it, I always recommend that you keep a close eye on the trade and always pay attention to possible reversals in the direction of the trend.

Be sure to watch my video if you want to know more about this. I also have more videos on youtube with good explanations and tips.
And of course, don’t forget to like and subscribe to my channel. If you want to know more about my course or trading, feel free to contact me!

Do you want to become Success Supply and Demand Trader?

If you are a beginner trader and to become a good professional forex trader. 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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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

What is Stock Index and Index Trading

What is Stock Index and Index Trading

What is Index Trading?

Stock indices catalyze the whole region’s economy, particular sectors, and in general, show how well a specific business sector is being established and what its potential is. It is important to work with stock indices as a trading tool because it offers advantages that other asset types do not have. A trader has the ability to operate more accurately in particular.
There are, after all, a massive number of indexes. They are composed, in most cases, in such a way that they can describe the economy of the country, the growth of industries, groups of similar companies, etc. The trader picks the indices that he most correctly understands.

For instance, it would be hard for you to exchange the dollar if you have a clear understanding of the U.S. market because it is not the only sector of the economy that has influence. But the use of the U.S.  Industrial Average Index is a very strong efficiency in the market.

What is a Stock Index?

There are several explanations why individuals in this or that country need to know how the stock market acts. It is an indication of economic growth for others a possible attraction for investment for others, etc. Therefore, there is a need to clearly and easily show people what is going on in a country or region’s stock market (this refers to every country or region of the world).

Since it is not an easy and convenient way to track every stock in a country, special market indicators have been invented to summarise what is happening on the whole stock market and to produce them in a simple and appropriate form. These metrics are called indices of stocks.

Why Trade Stock Market Indices?

  • With minimal investment, you can buy or sell several hundred shares of large firms at once.
  • The smartest move for investments in the long term.
  • Convenient monitoring by sectors and the economy as a whole of market dynamics and trends.
  • High volatility and liquidity.
  • First of all the index quotes are determined by the prices of securities that are part of them.
  • Elevated diversification.
Do you want to become Success Supply and Demand Trader?

If you are a beginner trader and to become a good professional forex trader. 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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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

 

Tips For Beginner Forex Traders

Tips For Beginner Forex Traders

Here are some tips which are very helpful for new beginner forex traders.

  1. Accept as an unavoidable fact the risk of losing your capital. Each new trader should be aware that no one in the currency market is safe from losses. Holding gains above losses is the underlying rule of online currency trading.
  2. Just bid with a carefully thought-up strategy. You can decide how much of your own money you are willing to risk, and what benefit you expect before you begin trading. This would be the risk and benefit balance. Successful forex traders never enter to trade without a clear fine goal.
  3. Do not be afraid of forex. Many new traders are afraid of forex market volatility and risks. A significant rise in investments is compensated for those who can solve this.
  4. Take over responsibility for your choices. Successful traders would never renounce personal liability. It is you who enter the market and it is you who, profitably or unprofitably, bear all responsibility for the traders.
  5. Don’t allow greed to take over. Traders frequently forget about the previously set targets when the trades start, hoping for the same good continuity. The market is very volatile, however, and trends can end quickly. Once the target price is met, withdraw the profit instantly, or increase the stop-price to prevent losses.
  6. The impact of news on trades. The increase in trading volume induced by a widely publicized occurrence contributes to price fluctuations that are necessary to ensure that traders profit from quick and rapid market adjustments. Inexperienced traders frequently seek to make a substantial profit from one trading trade per day.
  7. Have no delusions. If an open position is getting worse in the hope of the trend turning in the direction that is favorable for you do not remain on the market. Exit the market immediately.
Do you want to become Success Supply and Demand Trader?

If you are a beginner trader and to become a good professional forex trader. 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

 

What Should You Know Before Start Forex Trading

What Should You Know Before Start Forex Trading

There are several reasons why anyone would turn to the forex market for investment as an avenue. All the factors we’ve seen discussed over the years are profit, hobby, experience, gambling, and entertainment. Every investor starts out in the same place, no matter the reason for trading forex, as a beginner trader who is not quite sure how to get the best out of the market.

Here are some tips: What I need to know before I start forex trading?

  • By reinvesting gains, raise your trading portfolio. Don’t rush for more capital to be added. You need to see that the benefit comes from your initial investment because you are here to make money, not to gamble. You may sleep peacefully with the help of reinvestment, trusting that you will not lose more than is necessary.
  • A comprehensive trading strategy has to be established by any forex trader and pursued no matter what. What is more, do not let your actions be dominated by emotions. It is possible to avoid possible losses resulting from unreasonable expectations or optimistic ambitions by pursuing a strict plan, which can often overwhelm some beginners.
  • Any position in Forex trading can result not only in benefit but also in losses, which means that not everyone will be prepared for that. So before diving into this dangerous ocean with both feet, think twice if this is what suits you. If the answer is yes, then make sure that more than you can afford to lose.
  • All in all, forex trading is an activity for advanced investors who are willing to take advantage of all the opportunities presented by the market. This is not just the truth of earnings, but also the chance to work, just get the laptop and wi-fi, from almost anywhere across the globe. But without a proper attitude and persistent effort, fantasies won’t be true.
Do you want to become Success Supply and Demand Trader?

If you are a beginner trader and to become a good professional forex trader. The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which is 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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