https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ

In line with rules and regulations, this is the 2022 thread for forex traders. Strictly Deriv (Volatility Index)

To a greater new year.

*********************************************

Thread Guidelines

1. This are basic requirements that will we will abide with in order to maintain sanity so that we can all eat from the market

2. There is a lot of money in Forex with over 6.5 trillion dollars daily transactions. Study well before delving in.

3. Kindly note that the bigger the risk, the bigger the reward. The bigger the tears, the bigger the laughter. Trade with only what you can afford to lose.

4. There are lots of experience traders here that will be willing to assist and guide you as you execute trade. Ask courteously and you will get the help you need.

5. Do note that this is not a forum to be better or outshine others or claim to be better than others. We cannot know it all. Let's try to respect individual opinions.

6. Netiquette requires you show your worth before slamming the entire pages with adverts about your products. Your signature is good enough for this. If however you need to speak about your works, do so with verifiable proof. You need to be above board to show you are authentic.

7. Trade save and win more.. Let's go!

What is Top-Down Analysis for a Forex Trader?

Top-Down analysis is the trading approach where you start your analysis from the larger time frames “top” then focus “down” into the shorter time frames.

When you are looking for trade setups, you will be looking at the large scale charts, perhaps the daily or weekly charts. This will give you a very zoomed out view on the market which really gives you the scale to analyze everything in a very macro sense.

You can see certain hard support and resistance zones or long term trends so you can aim to use this large scale market sentiment when looking at the smaller charts.

Once you have found your ideal setup, you must then zoom in to shorter timeframe charts and analyse everything one or two frames down to make sure it is congruent with your initial theory.

Example, if you have found a trade setup on the daily chart and the same setup is still valid on the H4 (4-hour) and H1 (1 hour) charts, then you can enter the trade with a good degree of confidence.

Update on a signal

Buy Volatility 10 index
Take profit 6800

Obey the goat and eat with him.
Let's go!

Following like mad����

Richie, how do I connect with u? I still don't grasp ur approach to the market

bestbiz17:
Richie, how do I connect with u? I still don't grasp ur approach to the market

You can re read from the beginning on how I analyze my chart before entry from the higher time frame

Or check my YouTube channel for the educative videos on how I execute my trades.

Alexdroh:
Following like mad����

E clear���
No dull my signal oh


I don create YouTube channel.
Go follow lecrich Fx on YouTube. I will be explaining in details about my entry with videos

I just posted on YouTube how I took $269 to $1016.

Watch and learn from my system.

https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ

*Here are four cases when it’s better to let go of that strategy and patiently seek for another to grow profitably*


1. You can’t consistently follow your own trading rules

2. Your system requires more effort than it’s worth

3. You’re spending more than you earn

4. It's just not profitable

https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ

Obey the goat and eat with the goat..!

https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ

Still running... Taken some profit already
Let's go!!

I just subscribed to your channel... I want to say keep it up... Dropping signals here will go a long way in keeping this thread alive.... At least once daily

https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ

Profit target hit

Do not joke with my signals..!!!

chosen4now:
I just subscribed to your channel... I want to say keep it up... Dropping signals here will go a long way in keeping this thread alive.... At least once daily

Will surely do that..!

https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ

I just posted a SCALPING STRATEGY that works like fire �����������


Do not sleep on this �

SELL VOLATILITY 10 index

SL 6789
Tp 6763

I have exited my trades with some profit. The aim is to make money.

Price might eventually make a U turn soon. Still sceptical reason why I exited the trade.

Protect your capital and breakeven now. Adjust your stop loss if you haven't exited yet.

Join my YouTube channel where I analyze how I execute trade
https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ

Join my YouTube channel where I analyze how I execute trade

https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ


If you are still on this trade, you should be in good profit. Unfortunately for me, I left the trade too soon

Richie029:
SELL VOLATILITY 10 index

SL 6789
Tp 6763

Take profit hit!!!![/color][color=#000000]

Join the channel to see how I analyzed the trade
https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ

Thank God i found this.

Just curious, how do i learn to be disciplined while trading

Richie029:
Sell Volatility 10 (1s)

SL 8541
TP 8522



Join my YouTube channel where I analyze how I execute trade

https://youtube.com/channel/UCBC_n5cDfn0hDIy7e49lJlQ

Take profit achieved