Recent content by Fin_Trader

When analyzing the H1 timeframe for the USDCHF pair, it is clear that during its upward rollback, the price was unable to consolidate above the resistance level of 0.8820, having made a false breakout. The local ascending trend line on this timeframe was also broken downwards, but the price...

When analyzing the H1 timeframe for the USDJPY pair, it is clear that the price, after a downward rebound from the resistance level of 149.148, broke down the ascending local trend line on this timeframe, but corrected to the opposite side of this broken sloping line. In the case of a retest and...

Trading CFDs does not involve owning any real assets. The process looks similar to a stock broker, but behind the scenes, very different things happen. When you buy a CFD, the trade takes place inside the CFD provider’s trading platform. Everything happens instantly.

The EURUSD pair continues its upward movement. At the same time, the price broke through and consolidated above the resistance level of 1.0873, which has now become the support level. After its retest and rebound from it upwards, the first target for this bullish movement is the resistance level...

The overall trend for the GBPUSD pair is still upward. On the H1 timeframe, the price made a false breakout of the resistance level of 1.2945 yesterday, but today there is still no hope of breaking it. I am considering the option of a downward price correction to test the local line of the...

VasilTodorov I was talking about corrective upward movement. But the figure did not work, we returned to the downward movement. When analyzing the H1 timeframe for the USDJPY pair, we see another test of the resistance level of 148.15 and another price rebound from it downwards. The target for...

Even if you had bought Bitcoin in 2017, you would still have made a profit. Many people are making a profit on Bitcoin, especially those who bought it below today's price.

I agree if you trade gold, it is better to use technical analysis and monitor volumes. But scalping gold is only if you see volumes at least in futures. Where do you watch volumes?

As you can see, a horizontal range has formed on the USDCHF currency pair on the H1 timeframe, in which the price is trapped. After a rebound down from the upper boundary of this range located at the resistance level of 1.08820, the price approaches the line of the local ascending trend. In case...

During its upward movement, the EURUSD pair price broke the resistance level of 1.0820 and consolidated above it. Now this level has become a support level. The next target in this bullish mood may be the resistance level of 1.0930.

For the GBPUSD pair, the price broke through the resistance level of 1.2900 and consolidated above it. This level is now a support level. The next target for a further upward movement may be the resistance level of 1.3000.

Gold is not a very convenient instrument for scalping, to be honest, the spread on gold will be big for a scalper. It is better to trade gold intraday or even in the medium term according to the trend. It seems to me that my broker has a low spread on gold, you can see 0.05, but more often the...

The USDJPY pair continues its downward trend. During its bearish movement, the price approached the support level of 147.26. In case of its breakdown downwards and the price consolidation below this level, the next target may be the support level of 144.87.

The USDCHF currency pair continues to move downwards. The price broke down the support level of 0.8800 and also fixed below it. The next target for this bearish movement may be the support level of 0.8678.

Again, I am not sure that it is possible to see and correctly interpret the change in the gold trend on the the M1 timeframe. There is too much news noise on this time frame. M5 is more informative.