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Elliott wave theory in Forex

 Welcome back to daily blogs with ValidUS!!  Trading education is the passport to the future for tomorrow belongs to those who prepare for it today. It's truer than ever knowledge is power. We are delighted to have you back on our daily educational blogs with ValidUS.  Join ValidUS and attend our trading educational webinars free of cost!!!! Today we'll study about Elliott's wave theory in Forex. Welcome to the Elliott theory overview. Elliott wave theory is a method of analysing cycles in the stock market. It's probably the most all-encompassing, sophisticated form of technical analysis ever developed. You don't have to know all the details, but we will cover what we feel is essential to a successful trader. It's based upon identifying patterns in the stock market to identify where the cycle may repeat by understanding the patterns and where the market is in the current cycle. Elliott theory can be used to forecast future market movements, type of Elliott, wave

Rectangle chart

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 Welcome to daily blogs with ValidUS !! ValidUS is back with another interesting, informative blog to increase your trading knowledge in Forex. It's an honour to share this piece of information with y'all since we want to educate every trader to trade wisely and make better trading decisions.  Join ValidUS Today!!! Today you will read about rectangles and channels. Besides triangles, you could also get the formation called channels and rectangles. A rectangle is precisely what is seen as a channel that develops when your support line is running horizontal, and you have range trading, so your trend line is also running out. A horizontal channel is formed between parallel support and resistance lines. This pattern usually indicates a relatively tough trend up or down, with the price stay within the lines until a breakout. A breakout from a channel specifies either a reversal in the trend or a change in the slope of the current trend. So you can get a breakout going up. When you g

Forex Chart pattern (Part 2)

 Welcome to ValidUS daily blogs!! We're happy to see you back here. The best traders know that patience is the key to making successful trades. At ValidUS we provide the skills you need to be a professional trader and know your true power to attain financial fulfilment. Be a part of ValidUS and enjoy trading at a whole new level.  Today we'll talk about the remaining triangles of the chart patterns. Buckle up and keep your mind open to the incoming knowledge. Now there are specific variations of triangles that can occur, namely ascending and descending. An ascending triangle has a horizontal resistance line and a descending angle. A descending triangle has a horizontal support line. Remember: one price is moving up. This would be your resistance line, and this would be your support line. One price moving down. This is your resistance line, so, as you notice in a downtrend to form the triangle, you are in an uptrend. You have the horizontal line here to support the channel with

Forex Chart patterns

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Welcome to daily blogs with ValidUS!!!!  Prepare yourself to enter the trading world with the proper knowledge about the trading culture. Keep yourself up to date with the latest happenings about the Forex market with ValidUS. Join ValidUS today!!! Today we'll study a little about chart patterns.  Understanding how to read a chart and identifying trend patterns on the chart can help you make very successful trading decisions. Now technical analysis refers to the study of financial markets based on price movement. It uses the assumption that the price of a share or security reflects all the information about it that could share including the market set as well as its perceived value. Charting refers to technical analysis performed through careful inspection of price data to identify well-known patterns that emerge in share prices. For example, a head and shoulders pattern channels triangles and wedges. These are formations that we can see on the charts based on price movement. Chart

Learn about Trading Psychology.

 Welcome to daily blogs with ValidUS!! Get closer to your goals! Are you unsure how to start trading and how to trade successfully? Do you feel scared by trading live and not burning your entire capital in your trading account? Validus is here to clear all your doubts and be by your side !!!  IT’S TIME TO SEEK FINANCIAL ADVICE FROM EXPERTS. Today we'll study about trading psychology.  The first thing you need to know about drawdown is that it is, of course, a vital and regular part of trading. We are taking the risk to try and make a reward, and anytime you take the risk, you have to understand that sometimes that risk can go against you now; the psychological part is where things get tricky a lot of people fall victim to their own emotions and their frustrations with their trading which gets them into a lot of trouble think about it this way if you're sitting there and you know things are going poorly for you in life you have options just like anything else you can choose to r

Pros of Forex

 Welcome back to daily blogs with ValidUS!!! Focus on enhancing your trading skills with Validus - We are here to build your mind frame to make better decisions and move your life.  Join Validus today!!! Today you're going to read about the pros of Forex trading.  Trading is challenging, and one of the toughest choices for new traders is to switch markets to trade. Do you want to trade stocks well? Which one of the 6300 publicly traded companies worldwide will you choose? Out of the famous future markets, which sector will you trade? The financials, agriculture, metals: how about capital? Do you have roughly $5000 even to open a futures account? The foreign exchange market is a great starting point for many traders, although many do end up trading it exclusively.  So what are the pros with Forex? Will leverage how about 5:1 leverage where you only have to put up 2% of the overall contract size compared to two to one with stocks?  Small accounts can trade large sizes where wins can

Risk management in Forex

 Today seems like the perfect day to learn something new with ValidUS.  We're going to talk about risk management, risk per trade position sizing, and how much of a lot size you should use on your particular trading account?  So we're talking about risk per trade. It's extremely important risk is everything when it comes to trading. It's not about how much money you can make; it's About keeping capital in your account and protecting the wealth you bring to the table. How can we figure out what a good risk per trade is? Well, if you have a $ 1,000 account right, you need to think a bit of these numbers going into it. Many people will look at a thousand dollar account, and they'll put something like one point: zero zero lot size position, right.  The problem is that if you're using a 1.00 lot on trading as a trading account size of like $ 1000, it only takes a couple of losing trades to impact your trading account seriously. In fact, you know a lot of times. P