Live Swing & Day Trading Forex Strategies For Beginners | Free Signals EURUSD GOLD (XAUUSD) |012524

Live Swing & Day Trading Forex Strategies For Beginners | Free Signals EURUSD GOLD (XAUUSD) Trading Session European (London) 01/25/24

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Beginer’s guides for systematic trading
Bollinger Bands
MA: SMA 200
MACD: Default

Simple forex trading strategies for beginners:
The three main trading sessions are Asian (Tokyo), European (London) and New York.
Select EURUSD, USDJPY currency pair
Two popular time frames for trading are 2H and 4H
Multi-frame analysis: 1H,2H,4H,D,W
Practice for more than 3 months

What pair are you trading?
EURUSD (EU) – High liquidity, Moderate volatility
USDJPY (UJ) – High liquidity, Moderate volatility
XAUUSD (GOLD) – Safe haven, High volatility
Another …

Wish you all successful trading!

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I. There is a currency pair in the top popular and most traded pairs in the world that was nominated for 3 Oscars”
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Award for “highest trading volume”.
Award for “popularity worldwide”.
Award for “lowest spread”. There is also an award for “most favorite”.
No other currency pair is that: EUR/USD

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II Many benefits of trading EUR/USD:
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High liquidity of the currency pair, which helps to determine favorable conditions for executing trades.

Ability to predict the trend of EUR/USD. As mentioned above, the economies of the EU and the US are among the most transparent in the world.

Derivatives with high liquidity on EUR/USD. This allows investors to trade on EUR/USD not only in the spot market but also using other derivatives such as futures contracts, options, CFDs.

The price of EUR/USD is very sensitive to fundamental factors. Specifically, the value of the Euro/dollar depends on the monetary policy of the Federal Reserve and the European Central Bank, as well as the difference in the basic interest rates of the FRS and the ECB.

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III Analysis of positive and negative correlation – Correlation of EUR/USD
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Positive correlation: EUR/USD and GBP/USD have the most clear positive correlation among the major pairs, with the increase or decrease in this pair usually having a similar increase or decrease in the other pair.

Negative correlation: EUR/USD and USD/CHF are described as opposite directions most of the time, with many statistics showing a correlation of up to -95%.

At the same time, I also look at the positive correlation pair EUR/USD and GBP/USD.

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IV. Forewarned, Forearmed: Forex Trading Disclaimer
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High Risk Alert: This market swings wild. Be prepared for significant financial losses.
Educate Yourself: Don’t jump in blind. Learn and understand the risks before entering.
Know Your Limits: Only trade what you can afford to lose.
Your Decisions, Your Responsibility: I provide guidance, not guarantees. You own your trades.
Trading at Your Own Risk: By accepting, you acknowledge the inherent risks and take full responsibility.
Don’t agree? Don’t trade forex.

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