Profx Fundamental Strategy
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TOP 5 Top Trusted & Most reliable Forex/US Stocks broker list 2022
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5. https://blueberrymarkets.com (Australia)
Dollar gains across the board as Treasury yields surge higher on the session
Quantitative easing (QE) is a monetary policy whereby a central bank purchases at scale government bonds or other financial assets in order to inject money into the economy to expand economic activity.
Why bitcoin could 'eclipse $100,000' to $200,000' by the end of 2021-2022-Details Fundamental Analysis Coming soon
๐ฃ๐ฏ PROFX FUNDAMENTAL STRATEGY STRONG MONEY MANAGEMENT ๐ฏ๐ฃ"
Must follow our strong money management if you want to be a profitable Professional Trader, want to earn Lifetime & be in 10% as a Profitable Trader out of 90% looser trade
PRECIOUS-Gold under pressure as dollar firms, Treasury yields gain
Top 6 Market Mover News To Watch This Week/ PROFX FUNDAMENTAL STRATEGY.
USD & GOLD next big move depends on where the new 1 trillion Economic injections big money will be spent also upon on yields price
Biden will announce a package worth 'trillions' next week to boost the U.S. Economy - USD & GOLD Big move coming on next week
๐น๐๐ US December non-farm payrolls news impact ๐น๐๐
U.S. Nonfarm Payrolls -140K vs -37.5K expected - Big Negative
Average hourly earnings +5.1% y/y vs +4.5% expected -Positive
Unemployment rate 6.7% vs 6.8% expected - Positive
Note - Out of 3 Kay news two news is good. The market takes as an average negative/ USD Normal weak/ low movement may see not big
NFP/CAD both News data is Negative so USD & CAD both sell
Gold Strategy Part-1 (Secret Formula) Gold is More Negatively Correlated to Equities Than U.S. Treasury Bills With Live Photos
Gold trades predominantly as a function of sentimentโits price is less affected by the laws of supply and demand strategy.
Nothing is 100% work in FX Market, but here is something that works regularly which we need to know to build up our strategy
US GOVERNMENT BONDS 10 YR YIELD BUY ON FIRE SO GOLD SELL MUST BE ON FIREEEEEEEEEEEEEEEEEEEEEEEEEEEEEE - PROFX FUNDAMENTAL STRATEGY
๐ฅ๐ฅTop 12 Market Mover news to Watch This Week๐ฅ๐ฅ
๐ฅ๐ How to recover your past big Blowing Money/Losses in Forex ๐ฅ๐
You may find yourself with a string of losses behind your trading. How do I recover from this drawdown and start rebuilding my account? Here are the steps you should take to recover from your lossesโthe slow and steady way :::::::
1. You cannot get revenge on the market, and there is no way to build back your account overnight
2. Stop trading with real money right now.
3. Figure out what cost you all that money loss in Forex
4 . Clear your head.
Once you have determined the problems that are costing you money, you should feel a lot better automatically. For some traders, psychology is the problem in the first place, as I mentioned above. You need to always approach trading with confident optimismโbut never with unrealistic overconfidence or conceit. Once you are in the right frame of mind for success and you have your trading system and money management plan ready to go, it is time to get back on the horse and see where it can take you.
5 . Back to demo trading.
You may feel ready to get right back into trading on your live account, but this is still not a wise idea. Test the changes you have made in the demo to ensure that they are going to work in real life. This will also help you to deal with any psychological hurdles you are still facing since you will be trading under less pressure. Once you start seeing routine profitable results in your demo account, you can begin trading for real again.
6 . Return to trading live.
Finally, you are ready to resume your live trading. Do your best not to become gun shy at this point and avoid pulling the trading trigger because of past experiences.
7 . Accept responsibility and figure out what could have been done differently. This will help reduce the chance of it occurring again.
8 . Practice and Rebuild Confidence.
9 . Again can start with small money, then slowly go for big.
10 . Take A Short Break.
After blowing up your trading account, you need to take a short break. . In most cases, the break can 1 week to 4 weeks long.
11. The professional traders always revise their trading methods.
12 . Learn properly technical & fundamental analysis with(COT+Carry trades+Sentimental)
13 . Learn A New Trading Technique.
If you are blowing up the trading account regularly, there is a high chance your trading system is a loser. You have to create a new trading method and try to make a profit in the real market.
14 . Create A Money Management Plan.
15 . Review Your Trading Journal.
16. Must choose longer Time frames like H4/D1
17 . Change your Trading frequency. Take only best setup Trades 4 to 6 trades weekly.
Updates Brexit News -Positive for GBP
1 . The UK-EU Brexit trade deal has now been signed into law by the Queen.
2. Approval for the UK - EU Brexit trade deal is unopposed in the UK upper house
3. The law passed parliament earlier, this is the final step.
4. Added - and yep, all done. The Brexit trade deal is approved by the UK parliament.
๐๐งโโ๏ธThe Top Secret Tips of becoming A successful Trader in Forex ๐ง๐
To become sure successful Trader you must need to do:: Stop Invest/Trading in Forex right now. Learn proper technical and fundamental analysis.
1 . Do Not Overtrade.
2. Control Your Emotions
3. โBuy low, sell highโ
4. Develop a Trading Plan.
5 . Choose a Trading Strategy.
6. Use Stop Losses and Take Profits
7. Proper follow Money Management
8 . Determine Entry and Exit Points.
9 . Calculate Your Expectancy.
10. Educate Yourself and Study the Markets
11. Learn From Your Trading History
12. Take a break after a bad week or month
13. Start with longer-term charts
14 . Confirm a trade with candlestick patterns.
15. Mark peaks and troughs in the market
16. Do Trading only Day Trading + Swing Trading
17. Only trade when you feel it's the right moment.
18. Do not be afraid of losses, every trader has them.
19 . Choose the Right Broker(no-dealing desk )
20 . Follow/read daily top most 2/3 news Websites.
21. Don't risk more than 2% of your margin per single trade.
22 . Analyze the chart/Fundamental News/COT Analysis
23 . Stay up-to-date on market technical + fundamentals both.
24. Take advantage of trailing stops/Move your stops to break-even
25 . Build up a minimum of 75% to 80% success strategy.
26. Find a topmost trusted technical and fundamental Mentor.
27. Must need Minimum 1 years of demo practice with technical + Fundamental
28 . Choose the top most trusted 1/2 broker, then start real trading.
29. Must follow all Economical News for 3 days(yesterday+Today+Tomorrow)
30 . Follow top most trusted trader Fundamental + technical analysis daily (Youtube/tradingviews/facebook/telegram/websites)
31 . Try to achieve more profitable trades and have fewer unsuccessful trades.
32. Some scammer looser Technical Mentor may tell you no need to learn Fundamental Analysis, then kick him out that scammer Mentor coz he does not know Fundamental Analysis. In Forex both Technical + Fundamental analysis must be needed, Must remember Big bank/smart money/hedge fund / Big investment company mainly follow Fundamental News analysis. The market mainly moves with their smart money. So we must follow the smart money, then we will be always in profit.
The Bottom Line
The steps above will lead you to a structured approach to trading and should help you become a more refined trader. Trading is an art, and the only way to become increasingly proficient is through consistent and disciplined practice.
Note Please: If you like my technical + fundamental analysis and Forex Education, then can join my free Facebook Education Group
Link:: https://www.facebook.com/groups/ProFxVipAnalysis
๐ฅ๐ฅWhy 90% of forex retail traders lose money ๐ฅ๐ฅ
Insufficient start-up capital
Poor Risk Management
Risking too much
Buying a System
End greed
Unrealistic Expectations
Over Trading Addiction
Refusing to Be Wrong
Not Having a Trading Plan
Looking for the Holy Grail
Over-Leveraged
Lack of Experience
Looking to Achieve Incredible Returns
Looking to Achieve Instant Success
Most Traders EXIT Too Late
Most Traders Enter A Trade Too Late
Not having a Profitable trading strategy
Unsustainable or Flawed Money Management
Human Weaknesses: Greed, Fear, Ego, Addiction, Laziness
Market Maker Broker Choose/ Do not know real No-Dealing Broker
Learn only Technical but neglect Fundamental News Analysis where Market mainly moves with Fundamental News Analysis
US Stimulus relief bill is about to pass soon, so I think Gold will not be as weak as good Brexit Deal-Stimulus Boost Gold
๐๐ฅBreakout and Retest Strategy - A Complete Guide ๐๐ฅ
Re-test Strategy
The market may not always go direct, buy, or sell after the breakout of support or resistance or any pattern. Sometimes 70% of the time market may re-test. So keep in mind Re-Test may come. So set up your buy or sell entry with proper SL & TP or when you get a good profit, then close your entry and wait for Re-Test. Then again enter buy or sell from the Re-Test area with proper buy or sell confirmation as per price action strategy.
Breakout Strategy
A breakout is a stock/Currency price moving outside a defined support or resistance level with strong increased volume. A breakout trader enters a long position after the stock price breaks above resistance or enters a short position after the stock breaks below support. Once the stock trades beyond the price barrier, volatility tends to increase and prices usually trend in the breakout's direction. The reason breakouts are such an important trading strategy is because these setups are the starting point for future volatility increases, large price swings, and, in many circumstances, major price trends.
There are four parts to this Forex breakout pattern.
Support
Resistance
Breakout
Retest
The Bottom Line
I hope this lesson has opened your eyes to whatโs possible with a simple Forex breakout/Re-Test strategy. Just remember that like any other trading strategy, this breakout strategy is not without flaw. Therefore, always be sure to maintain a proper risk to reward ratio and use a favorable stop-loss strategy on every trade.
The Brexit deal will pass the UK parliament on December 30. Labour said they will support it and the vote would have been a formality in any case.
๐งโโ๏ธThe Secret of becoming successful in Forex ๐ง
https://www.facebook.com/groups/ProFxVipAnalysis
Stop Invest/Trading in Forex right now. Learn proper technical and fundamental analysis. Then practice a minimum of 1 year & build up a minimum 75% to 80% success strategy then choose the top most trusted 1/2 broker then starts real trading. Must follow money management. Try to earn a monthly 10%, not more to use big lot coz its very professional way of modest earning ration in Forex. Hope to get profit and be successful InshAllah. Never choose any signal/fund management/ never join under any ib link / local deposit to any broker ok. Also can find a top-most trusted technical and fundamental Mentor then can learn from him. Must learn both technical and fundamental analysis.
To become sure successful Trader you must need to do::
1. Minimum 1 years of demo practice with technical + Fundamental
2. Proper follow Money Management
3 . Find a topmost trusted technical and fundamental Mentor.
4 . Build up a minimum of 75% to 80% success strategy.
5 . Choose the top most trusted 1/2 broker, then start real trading.
5. Do Trading only Day Trading + Swing Trading
6. Must follow all Economical News for 3 days(yesterday+Today+Tomorrow)
7 . Follow top most trusted trader news + technical analysis daily (Youtube/tradingviews/facebook/telegram)
8 . Follow/read daily top most 2/3 news Websites.
9 . Some scammer Mentor may tell you no need Fundamental then kick out that scammer Mentor. In Forex both Technical + Fundamental needed, Must remember Big bank/smart money/hedge fund / Big investment company mainly follow Fundamental News analysis. The market mainly moves with their smart money. So we must follow the smart money, then we will be always in profit.
FDA Approves Pfizer Vaccine After White House Ultimatum _ Bad for Gold/JPY & Good for USD
FDA head told to quit if vaccine not authorized today
Chief of Staff Meadows sends the message
White House Chief of Staff Mark Meadows on Friday told Stephen Hahn, the commissioner of the FDA, if the coronavirus vaccine is not approved by the end of day, he should submit his resignation. This is according to sources as reported by the Washington Post.
UK PM Johnson: It is looking very, very likely we will have a no-deal Brexit-GBP may crash anytime/Take big caution
๐ฅ๐Top 10 Market Mover News to Watch This Week๐๐ฅ
1. Stimulus talks gain momentum
2. Vaccine rollout to begin
3 . Potential stock market volatility
4. Brexit talks near endgame
5. ECB to announce another stimulus expansion
6. European Central Bank Monetary Policy Statement
7. Canada Interest Rate Decision
Create Alert
8. U.S. Core Consumer Price Index (CPI) MoM
9. U.S. Producer Price Index (PPI) MoM
10. U.S. Initial Jobless Claims
Top 6 Market Mover news on this Week
1. Euro zone inflation data
2. Powell and Mnuchin faceoff
3. Vaccine timing
4. Nonfarm payrolls
5. OPEC+ meeting
6 . Brexit Progress.
Gold remains under sell pressure as continuous Corona Positive vaccine news-Better wait for a retracement then enter for a sell
Gold Down on U.S. Stimulus Uncertainty/Good Vaccine news
Pfizer vaccine study shows that it prevents 90% of coronavirus infections-Stocks/CAD Jump/Gold get weak
If Trump will do anything like case/Trial against Joe Biden then USD may remain weak
Biden win so USD May strong /Gold may weak but red alert for US Stimulus deal . Must note it
Biden win and has told will give first priority about Corona - So USD may strong/Gold may weak /also May see a Market gap open
US election 2020 results live: Biden wins presidency, defeating Trump โ๐ฝ๐ค๐ผโ๐ฝ๐ค๐ผโ๐ฝ๐ค๐๐ผโ๐ฝ๐ค๐ผ
Broad declarations that Biden will be the next President are imminent.
yes.... Now 99.99% sure win for Biden๐คโ๏ธโ๏ธโ๏ธ
US election 2020 live results: Last updates