Today’s live forex trading session is based on Identifying Trends in Forex using TradingView, it was hosted by George FX as RP is on vacation. George is 35 years young and a graduate of the University of Toronto’s, Financial Trading and Options Certificate. He is currently underway to write the Canadian Securities exam in 2020. […]
Happy Friday traders, welcome to another daily live technical analysis breakdown. Every Friday, we do a trade recap going over our trades and what to expect for the following week. We captured a few big winners, and also had a few losers due to unpredictable factors this week. We still ended off with a positive […]
Happy Thanksgiving to all our traders in the US. In today’s Forex technical analysis breakdown, we reviewed the status of our current pending signals from yesterday. We found a few new potential setups for GBPUSD and USDJPY. After that, we spent some time looking at BTCUSD and Crude Oil and did a brief lesson on […]
Yes — YOU CAN make money in Forex. But the real question is, WILL YOU make money in Forex? The Forex Market and Getting Professional Guidance to Navigate it. The foreign exchange market, or the Forex market is the #1 most liquid financial market in the entire world. The forex market trades about $6.6 trillion […]
In this article, we have outlined 3 reasons why you will NEVER make money in Forex. You’ve probably heard the saying that goes, “90% of traders lose 90% of their capital in the first 90 days.” Well sadly, it’s true. However… If you can train yourself to be disciplined and avoid these pitfalls, and with […]
I feel like I have touched base on many introductory concepts of trading Forex and believe it is only right to do our first analysis based post. What better way to do that then analyzing the world’s most powerful & important currency? If you have been keeping up with global news then you’d know that […]
Becoming a profitable trader requires years and years of practice and commitment to analyzing price charts. So the types of charts you look at every day and charting software you use probably makes a big difference. You’ll need practice drawing your support and resistance zones, trend lines, ascending and descending channels, chart patterns, etc. There […]
So, you want to be a day trader? Not just any day trader, but a Forex trader? Well friend, you have made an excellent decision. At Forex Lens, we’ll show you how to get started trading forex. The Foreign Exchange Market (or the forex market) is the world’s largest financial market with over 5 trillion dollars […]
Today we’re going to cover one of the most important and often incorrectly practiced or taught concepts in technical analysis, the infamous support and resistance zones. Notice how I used the word zones instead of lines? I’ll get into why later, but I assume you’re already questioning your current knowledge on this fundamental topic just […]
By now, much of the world’s population has learnt about the ongoing trade fiasco between the United States of America and the Republic of China, but do traders understand it’s implications? Timeline of Events: Fight #1: China files a WTO dispute against US Solar Panel Tariffs. Fight #2: US Removes Steel and Aluminum Tariffs for […]