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Will GBP JPY break 139.525 to continue lower?Hi all, The potential momentum of the signals formed in a stable pattern. we can evidently, witness the impulse and its correction in rapid manner(shown in graph). From 156.684 ,we can see the impulse and its correction one after another and finally it sticks at 145.222(shown in graph). Market is like a coin it only has two probabilities, but today both favors for YEN. Two probabilities are, Candles may grow as a impulse (or) correction and its impulse. For instance, consider the candles are in impulse, it will continue to grow down. (or) consider that as a correction,it give small a rise and again pullback towards down.(shown in graph) SIGNAL SPECIFICATIONS PAIR: GBPJPY. ORDER: SELL. STOP LOSS: 150.105. If it impulse means, TAKE PROFIT 1: 143.216. TAKE PROFIT 2: 139.525. If correction means, TAKE PROFIT 1: 145.222. TAKE PROFIT 2: 143.216. TAKE PROFIT 3: 139.525. ---------------------------------------------------------------------------------------------------------- Our Unique Features: 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not TP1, TP2, TP3.. 3. We are not Trailing stop! or average the trades. 4. 2% Risk Management Per trade. 5. Risk vs Reward upto 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allow you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best Forextamil
Long
by Tradingwithtamil
EURINR---INFI FOREX SPOT 77.74, at higher from last Feb 2016, this level comes 3 times from last 3 years .. Dec 2014, Aug 2015 and feb 2016, now it's again at 77.74, high at 77.80-90, if market holds 76.96 to 77.04 then expecting to go higher 78.50, then 79.80-95..in coming weeks. on the other hand i'm also suggest to book at least 50% exposer at this point only to exporters for coming 2- months, and if market test again 76-90-77.10 again and gain also book almost 20% exposer for rest make it open
Long
by avrj
October 15th Gold and Forex AnalysisOctober 15th Gold and Forex Analysis Viewpoint: The current international spot gold price is around 4190. Today's high of 4218 represents a $76 increase from the previous trading day. While the increase is not significant compared to the past few days, this surge was driven by Powell's remarks and the continued US government shutdown. The current market rally may be accelerating, or it could be the final frenzy (due to sudden negative news). I would like to remind everyone to set a stop-loss order to protect your principal. Technical Analysis Daily Chart Level: Following an Upward Cycle 1. Trend and Rhythm: The daily chart closed with a full, large bullish candlestick, confirming a strong bullish pattern. The market is currently following a typical upward cycle: consecutive rising highs -> consolidation at high levels -> a single bearish pullback -> continued upward momentum. 2. Key Positions: Resistance: The current price has broken through the previous high, and there is currently no clear resistance above. Focus on inertial upward momentum. Support: 4100 (the 5-day moving average moving up tomorrow) has become the core lifeline of the current bullish trend. The second highest support level is 4050 (the 10-day moving average). 3. Future Forecast: Today (Wednesday) is likely to see another positive close, continuing the strong trend. Tomorrow (Thursday), be highly alert to the possibility of a single-day bearish pullback, targeting a test of the 5-day moving average support level near 4100 yuan/gram. If a pullback occurs, it should be viewed as a "squat and jump" opportunity, a rare opportunity to enter the market at a low point within the trend. 4-Hour Level: Keep a close eye on the moving average support. 1. Current Trend: This cycle exhibits a "consecutive bullish and single-day bearish" pattern of forced gains, with the moving average system showing a perfect bullish alignment. 2. Dynamic Support: Strong Support: 4180 (the current 5-period moving average). As long as the price remains above this line, the market remains extremely strong. Key Support: 4156 (the current 10-period moving average). This is a short-term watershed between bulls and bears. Only a significant break below this level would signal the end of this short squeeze rally, ushering in a deep correction toward the middle band. Note: The above support levels will shift upward rapidly over time and require dynamic tracking. Hourly Level: High-Level Oscillation 1. Intraday Trend Review: The strong rally in the Asian session exceeded expectations. After accurately touching 4218 (the upper band of the hourly chart channel) in the European session, the price plummeted to 4165 before rebounding, confirming the effectiveness of the channel resistance. 2. Night Trading Range: Upper Resistance: 4220 - 4225 (derivative of the upper band of the channel). If this area is touched, monitor for signs of resistance and attempt a short-term short position. Lower Support: 4170 (the middle band of the hourly chart and the previous channel retracement point). If it falls back to this area, monitor for signs of stabilization, using it as an entry point for intraday long positions. Strategy: The market is likely to fluctuate strongly at high levels. We recommend looking for opportunities to buy low and sell high near resistance and support levels, focusing on short-term trading. Trade with caution and manage risk. Best of luck!
OANDA:XAUUSD
by Emily35753702
TRADER PSYCHOLOGY - Overtrading The Silent Killer of ConsistencyTRADER PSYCHOLOGY | EPISODE 1: Overtrading – The Silent Killer of Consistency In the dynamic world of forex trading, success doesn't come from doing more — it comes from doing right. Yet many traders, especially full-time traders in India, unknowingly fall into a common psychological trap that slowly erodes both their capital and confidence: Overtrading. Let’s break it down — what overtrading is, why it happens, and most importantly, how to stop it before it burns through your progress. 🧠 What Is Overtrading in Forex? Overtrading refers to excessive trading – opening too many positions without clear signals or justification based on your strategy. In most cases, it’s driven by emotion, not logic. It usually shows up in two forms: Trading out of boredom or the urge to “do something” Trying to recover from previous losses (a.k.a. revenge trading) Over time, this behavior becomes a habit — and like most bad habits in trading, it’s expensive. ⚠️ Signs You Might Be Overtrading If you answer "yes" to any of these, it’s time to check your discipline: Do you feel uncomfortable when you’re not in a trade? Do you enter trades even when your system says “no trade”? Do you keep switching charts hoping to “find a setup”? After a losing trade, do you jump right back in to recover? Have you lost more to fees/spread than actual price movement? 🧩 Why Indian Traders Often Fall Into Overtrading 🔹 The Action Bias Traders often feel they must "do something" to be productive. In reality, sitting out is a strategy — especially when markets are flat or unclear. 🔹 Pressure to Perform Daily Many traders in India try to generate consistent income from trading — and assume they must win every day. That pressure leads to forcing trades just to “hit targets.” 🔹 Overconfidence After a Winning Streak Success leads to confidence — but too much confidence without structure leads to impulsive trading. One good day shouldn’t convince you that you’ve mastered the market. 🔥 Consequences of Overtrading Overtrading doesn’t just hurt your account — it breaks your mindset. Capital Depletion: Small losses + transaction costs = big drawdown over time Mental Burnout: You feel drained, frustrated, and reactive Lack of System Trust: You abandon good strategies because you never followed them properly Emotional Instability: You start making decisions based on fear or revenge, not analysis ✅ How to Control Overtrading – Practical Steps 1. Limit the Number of Trades Per Day Set a clear rule — e.g., “Maximum 3 trades per day.” This forces you to choose the best setups and ignore mediocre ones. 2. Keep a Simple Trading Journal Write down: Why you took the trade Whether it matched your plan Your emotional state Reviewing this weekly will reveal patterns you never noticed in real time. 3. Block Out Non-Active Trading Hours For Indian traders, this might mean avoiding low-volume periods like mid-Asia session. Focus on London or US overlap hours — when liquidity and volatility are high. 4. Understand: Not Trading Is Still Trading Being flat (no position) is a strategic decision. Markets reward patience, not impatience. 🎯 Final Thoughts Overtrading is not a technical issue — it’s a mindset issue. When you feel the urge to “do something,” remind yourself: the best traders don’t trade all the time. They wait, they observe, and they only act when everything aligns. "The market doesn’t pay you for activity — it pays you for accuracy." If you want to grow consistently, you must master the art of waiting, filtering, and executing with purpose. 📌 Next in the Series: TRADER PSYCHOLOGY | EPISODE 2: FOMO – How Fear of Missing Out Destroys Good Decisions Follow this page to get notified when it drops!
OANDA:XAUUSD
by MMFlowTrading
silver Divergence TradingTrend lines are among the most accurate buy and sell indicators, along with simple moving average, stochastic, moving average convergence divergence, and relative strength index being the top trading indicators that help traders analyze the market signals effectively. The best divergence indicators mt4 are MACD, RSI, stochastic, OA. They are user-friendly and simple but provide quite accurate trading signals. You can learn more about stochastic oscillator trading forex in the article Stochastic Oscillator: guide for using indicator in Forex trading.
NSE:BANKNIFTY
by SkyTradingZone
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