Transaction Documentary

  A key way to understand the fluctuations of currency pairs in the Forex market is to make use of financial news. Knowing how to make use of Forex news is equally important for both novice traders who want to improve their skills, and experienced traders. To carefully plan their daily trading strategy, traders need to be aware of the important events of the financial calendar for the next trading cycle. Successful trading applying Forex news requires attention to the following information: • Know the approximate time of major news releases related to the Forex market;...

  Trading should be natural and effortless. Don't force anything, don't go against the market or yourself. Perfect trading is like breathing. You breathe in and out, like entering and exiting. Be calm and relaxed. Look for visible opportunities. Be focused and alert. Take yourself out of the hot market. Be sure to be an observer and wait for opportunities to come. Don't trade markets that you can't understand, and don't think...

  In general, in foreign exchange transactions, the safety and convenience of deposit and withdrawal are very important, which is also what Tianyanjun often says. So what are the usual methods of deposit and withdrawal in the foreign exchange market? Which method is relatively safe and convenient, and how does the foreign exchange platform ensure the safety of our funds? Today, Tianyanjun will learn more about it with you~ But before understanding the deposit and withdrawal methods, there is a prerequisite that we have found a reliable overseas regulatory agency to supervise...

  A trading plan can be relatively simple or more complex. In the Forex market, a trading plan is essential for traders because it regularizes the trading process and keeps traders calm. By using a trading plan, traders can make better decisions, trade in a more relaxed manner, and therefore also be more prepared to overcome any unforeseen obstacles. Money Management All traders agree that a crucial part of any trading plan is money management...

  USDX resistance position: 102.90/103 (the key to whether it can continue to strengthen in the day), 103.30, 104.00/30, 105.00/50 (strong resistance this month) support position: 102.40/60 (strong support in the day), 102.00/10, 101.50 (strong support this week) is expected to be blocked in the day.

  Forex retracement, often referred to as forex percentage retracement, is a technical term that foreign exchange traders often hear when speculating in foreign exchange. As long as you enter the foreign exchange market for a while, you will start to hear the word "retracement" frequently. But for many foreign exchange investors, especially newbies, the meaning of foreign exchange retracement is not particularly understood. So, what exactly is a retracement and why does everyone talk about it? Why is a retracement so important, foreign exchange traders should do it like...

  The essence and core of trading lies in "people". Sometimes when one's skills and trading habits are insufficient, one has to lower one's head and ask others for advice. Controlling risks is always the first priority, learning from each other's strengths and weaknesses, and improving the trading system becomes an instinctive reaction. To face various uncertainties in the market, improve one's comprehensive literacy, so that investment can be sublimated in a life with a good margin of safety, including your family, children's trading, physical health, parents' pension, etc.

  When it comes to the knowledge of the rising stage gap viewing skills, many investors may not be very familiar with it. Let's take a look. After the stock price repeatedly consolidates at the bottom, a bottom reversal pattern is formed. After the stock price breaks through the neckline formed at the bottom, the rising stage begins. Let's take a look at the characteristics of this stage gap. There are 5 in total, as follows: 1. Pay attention to the second important gap: Generally speaking, the rising stage starts from the breakthrough gap in the bottom reversal form, until the final exhaustion gap appears, making...

  The piranha is a tropical manta, not much bigger than a man's hand, but with two rows of sharp teeth. The fish doesn't look very dangerous, but if a dog, human or donkey falls into a tropical river, a school of piranhas will pounce on it, biting and biting, and the victim will be overwhelmed. If a bull walks into the water is attacked by a piranha, it only takes a few minutes for the bones to float up and down in the water. Traders protect against shark attacks with a 2% rule, but still need to guard against predators...

  For many traders, the experience of top traders is always invaluable. The trading skills they rely on to succeed are the most powerful guidance for you, teaching you how to successfully survive in your trading career until you succeed. Today, I bring you the trading advice of 25 of the world's top traders: 1. Money is not made by trading, but by sitting out. "Money is made by sitting, not tradin...

  People who are new to the industry may trade randomly, open and close various positions, and their hearts wander with their positions. Then, some people will try to use some ideas to guide, fix, and unify their trades to offset risks. They use some super-power forecasting, hexagrams, science, mathematics, and other methods to guide their trading. Philosophy is also one of them, and it can be regarded as the last one. At that time, my original intention of trading was not to make money, because I had learned a little bit of philosophy and had some experience.

  A very simple way to make a profit is to persevere. Everyone knows that following the trend is the trend, but different cycles have different trends. It rises in five minutes, falls in 15-minute cycles, rises in 30-minute cycles, falls in 1-hour cycles, and rises in 4 hours. Which cycle trend should we follow? Following this trend and not following that trend, people are at a loss. In fact, we only need to choose a main cycle of operation and adhere to one...

  Bad mentality 1: short-term mentality A few successful investors will first pay attention to the long-term trend, and then look back to see how to operate in the short-term. But most failed investors think that being too academic is too slow, and they just want to make profits "as soon as possible" and "earn a vote" before running. I often warn investors and clients that whether they are doing long-term or short-term, they must first observe the monthly line, then the weekly line, then the daily line, and then the 8-hour line, the 4-hour line, and the 2-hour line. But many investors often listen to...

  In foreign exchange trading, sometimes mistakes are made in order to compete for a few points. Some people set a profit target for themselves after finishing a trade, and then prepare for a flat trade. They keep thinking about the arrival of this moment in their hearts. Sometimes the price is close to the target, and the opportunity is good, but there are still a few "points" to be in place, and they could have collected the money in a flat market. But because of the original goal, they always pray for it to be in place. Experience tells us that sometimes a few points are not enough, don't make a few more...

  How to identify whether a foreign exchange platform is good or bad? At present, there is no foreign exchange margin trading platform approved by the Securities Supervision Commission in China. If you want to do foreign exchange margin trading, you can only choose an overseas foreign exchange platform. Although some banks also provide foreign exchange trading services, there is no margin trading, that is, there is no leverage. Moreover, the transaction costs of foreign exchange and precious metals trading provided by domestic banks are very touching, and they can basically only be used as foreign exchange reserves for personal finance to hedge against RMB depreciation...