Posts

Forex Market Outlook & Trade Setups: XAUUSD Down, GBPUSD Up + More

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Welcome back to another live session. We will be picking up where we left off on Friday. Last week was NFP week and it was packed with fundamental releases, however that did not stop us from gaining over 300 pips. This week is a lot more calmer,…

300+ Pips Total Profit & Forex Market Outlook for Next Week

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NFP Week is OVER. Thank goodness. Not to say that this week wasn't profitable, it was (+303 pips), it was just draining to keep track of all the fundamentals and to find setups that weren't going to be affected. Nonetheless, this week was…

U.S. China Trade War Update, EURUSD Forecast, XAUUSD Dropping from 1550 + More

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Welcome back Traders to another live session. Last night during the London session, China dropped a bombshell by saying that they would like to work out a deal with the US in their ongoing trade war. This caused USD strength and CHF & JPY…

Why You Should Use TradingView For Charting Analysis

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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…
How to Get Started Trading Forex

How to Get Started Trading Forex

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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…
Forex Lens Support Demand Resistance Supply Zones

Support / Demand & Resistance / Supply Zones

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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…

The US-China Trade War and What it Means for the FX Markets

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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…
Forex Lens Technical or Fundamental Analysis or Both

Technical Analysis, Fundamental Analysis or Both?

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Many newcomers to Forex trading are often at crossroads in deciding how they will approach their trading analysis. Do they fool around with the various indicators? Or do they worry about the pending CPI release later in the evening? The first…

Potential Reversal for the US Dollar Index (DXY)

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The DXY (US Dollar Index) has been in an uptrend over the last few months, but when we come to the dates of June 22nd - July 7th, we find turning points in markets. The behaviour is for markets to correct and/or reverse trends during this time…

What is a Parabolic Move in Forex Trading | Forex Lens | EURUSD Market Analysis

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https://www.youtube.com/watch?v=1uzKxymlHjI&feature=youtu.be In this video, Jon Morgan goes over what a parabolic move is in forex trading. A parabolic move in trading is when a market moves up exponentially, leading to an unsustainable…