Can We Become Rich By Forex Trading ?

 

Can We Become Rich By ForexTrading ?

 

Forex trading can make us rich but short trading strategies depend on whether we keep intraday trading swing trading or currency for a long time.

EURUSD Daily Forecast

EURUSD Daily Forecast

 Eurusd technical analysis

Right now Eurusd is trading at 1.2156 level and it has made its support level on very short time trading chart. Now its 5 minute chart target for you 1.2170 level

It was trading in the range bound trading range for some time now, if it continued to trade on it after loving the 1.2170 labels, it could go up.

BEST TRADING PLATFORMS FOR BEGINNERS IN 2021

WIDELY USED BEST TRADING PLATFORMS FOR BEGINNERS

 

If you are a new trader in the market of foreign exchange know about all the platforms which are traders friendly and suits you more as a beginner, here is the list , which can help you :

 

1) PLUS 500 -- best for beginners overall.

https://www.plus500.com/

 

2) E - TORO -- best trading platform for copy trading.

https://www.etoro.com/

 

3) AVATRADE -- quality educational resources.

https://www.avatrade.com/

 

4) XTB -- best customer services as well as great education.

https://www.xtb.com/int

 

5) OANDA -- quality research, user friendly platform.

https://www.oanda.com/bvi-en/ 

Best platform for beginners offers the user friendly web-based, strong variety of educational resources provide access to quality market research.

BEST TRADING PLATFORMS USED BY PROFESSIONAL TRADERS IN 2021

 

BEST TRADING PLATFORMS USED BY PROFESSIONAL TRADERS

 

Being a trader in the market of foreign exchange you need a platform, Here is a list of trading platform used by the traders:

 

1) IG  -- best for researches. -

https://www.ig.com/en

2) CMC -- best web trading platform, most currency pairs.

https://www.cmcmarkets.com/en/

 

3) INTERACTIVE BROKERS -- best for the professional traders.

https://www.interactivebrokers.com/en/home.php  

4) PEPPER  STONE --   best desktop platform.

https://pepperstone.com/en/

 5) TRADE STATION -- best platform Technology.

https://www.tradestation.com/

 

6) FIDELITY -- best order execution.

Trading & Brokerage Services - Fidelity

 

So basically here we have learnt about what are the mostly used platforms are and what specialization in their work are there.

Daily Trading Signal INTC Sell Intraday

Sell INTC Intraday

Daily Forex Trading Forecast 

https://tradersprofiless.blogspot.com/p/currency-pair-eur-usd-daily-forecast.html

GBPUSD DAILY FORECAST AND TODAY SUPPORT AND RESISTANCE LEVELS

 Gbpusd daily forecast and today support and resistance level 

This pair is in uptrend in hourly charts as well as in daily charts 

The price starts again its uptrend from 1.3550 levels to 1.3730 levels 

If it is continue it's a uptrend the price can go to 1.3790 levels

EUR USD DAILY FORECAST AND TODAY SUPPORT RESISTANCE ROUND BOTTOM THEORY BASED

EUR USD DAILY FORECAST AND TODAY SUPPORT RESISTANCE ROUND BOTTOM THEORY BASED

 EUR USD currency pair currently traded at 1.2150 levels 

And you mention our next support and resistance levels when the price was at 1.2100 levels 

Now it has made a short time very strong support at 1.2050 levels

And currently traded at 1.2150 levels 

From past few days on hourly charts it is making a round bottom chart pattern and it is a very strong bullish classical pattern and it is about to break it current resistance levels 

Once it break this level the price could go to 1.2200 levels.