#forex #trading #elliottwavetheory Identifying Retracements A popular way to identify retracements is to use Fibonacci levels. For the most part, price retracements hang around the 38.2%, 50.0% and 61.8% Fibonacci retracement levels before continuing the overall trend. If price goes beyond these levels, it
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#quoteoftheday #forex "You can’t change the direction of the wind, but you can adjust the sails to reach your destinations." By Unknown Author.
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HOW DO I PAY AND REGISTER FOR THE SERVICE?
For subscription rates, payment methods, or to sign up, you
can e-mail: drhari@sslfxguru.com or sslfxguru@yahoo.com. You can also subscribe
online through our website. If you need additional assistance, you can e-mail
us at support@sslfxguru.com.
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#quoteoftheday #forex "An arrow can only be shot by pulling it backward. When life is dragging you back with difficulties, just imagine that it’s going to launch you into something great ." By Unknown Author.
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FOREX THEORY
#forex #trading #elliottwavetheory How to Identify Reversals Properly distinguishing between retracements and reversals can reduce the number of losing trades and even set you up with some winning trades. Classifying a price movement as a retracement or a reversal is very important. It’s up
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#quoteoftheday #forex "Love shall be our token; love be yours and love be mine." By Christina Rossetti.
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#quoteoftheday #forex "Positive thinking opens the door to miracles." By James Van Praagh.
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FOREX THEORY
#forex #trading #elliottwavetheory What Should You Do? When faced with a possible retracement or reversal, you have three options: -If in a position, you could hold onto your position. This could lead to losses if the retracement turns out to be a longer term
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QUOTE OF THE DAY
#quoteoftheday #forex "Of what use is the memory of facts, if not to serve as an example of good or of evil?" By Alfred de Vigny.
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WHY DO I NEED FOREX SIGNAL?
Forex traders agree that timing is everything. Getting into
the market just as it is about to move often makes for the largest possible
profits but can also make large losses. Most traders find it difficult to get
into the market at the right time and impossible to be at their computers 24
hours a day 5 days a week to monitor the market for activity. The SSL FXGURU
signals, can help you become a better trader and alert you to trading
possibilities. Let us be your eyes to the World Currency market.
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#quoteoftheday #forex "Nobody has a perfect life. Everybody has their own problems. Some people just know how to deal with it in a perfect way ." By Unknown Author.
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FOREX THEORY
#forex #trading #elliottwavetheory What are Reversals? Reversals are defined as a change in the overall trend of price. When an uptrend switches to a downtrend, a reversal occurs. When a downtrend switches to an uptrend, a reversal also occurs. Using the same example as
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#quoteoftheday #forex "A loving heart is the beginning of all knowledge." By Thomas Carlyle.
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MR. GOPAL TALKS ABOUT SSL FXGURU.
#forex #trading #video
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#quoteoftheday #forex "If you think yourselves strong, strong you will be." By Swami Vivekananda.
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FOREX THEORY
#forex #trading #elliottwavetheory What are Retracements? A retracement is defined as a temporary price movement against the established trend. Another way to look at it is an area of price movement that moves against the trend but returns to continue the trend.
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#quoteoftheday #forex "Be happy for no reason, like a child. If you are happy for a reason, you’re in trouble, because that reason can be taken from you." By Deepak Chopra.
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FOREX THEORY
#forex #trading #elliottwavetheory WRONG! You’ve been hit by the “Smooth Retracement!” Nobody likes to be hit the “Smooth Retracement” but, sadly, it does happen. Why? In the above example, the forex trader failed to recognize the difference between a retracement and a reversal. Instead
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#quoteoftheday #forex "Sometimes you face difficulties not because you’re doing something wrong, but because you’re doing something right." By Joel Osteen.
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#quoteoftheday #forex "Who you associate with dramatically influences the way you behave and how excellently you perform." By Robin Sharma.
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FOREX THEORY
#forex #trading #elliottwavetheory Retracement or Reversal? Have you ever been in this situation before? It looks as though price action may be rallying and a buy trade is in order.
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QUOTE OF THE DAY
#quoteoftheday #forex "It’s not that I’m so smart, it’s just that I stay with problems longer." By Albert Einstein.
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FOREX THEORY
#forex #trading #elliottwavetheory Conclusion Whether you’re trading a pair that’s in a trending or ranging environment, you should take comfort in knowing that you can profit whatever the case may be. Find out how you can pick tops and bottoms in both trending and
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#quoteoftheday #forex "When obstacles arise, you change your direction to reach your goal; you do not change your decision to get there." By Zig Ziglar.
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FOREX THEORY
#forex #trading #elliottwavetheory Bollinger Bands in a Ranging Market (Part 2) By buying near the low price, the trader is hoping to take profit around the high price. By selling near the high price, the trader is hoping to take profit around the low
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#quoteoftheday #forex "Change your thoughts and you change your world." By Unknown Author.
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HOW TO CHOOSE A GOOD FOREX SIGNALS PROVIDER?
Selecting a good Forex signals provider requires some common
sense and a bit of investigative work. Do not take everything at face value and
rest assured that amongst the legit professionals out there, there are many
swindlers who are preying on the naive and inexperienced Forex traders. Since
almost everyone can set up a professionally looking website in a matter of
minutes and listing fictitious performance results is nothing new, you should
always take the time to verify the numbers. Read reviews, visit some of the
large Forex forums, and speak to past subscribers in order to verify the
legitimacy of the Forex signals provider that you are considering. Find out if
their website has been around for at least as long as their trading history and
see if the provider offers back testing, which will allow you to confirm the
quality of their Forex signals.
Some Forex signals providers send the alerts to third party
websites, which then rank all of them based on their daily, weekly, or monthly
performance and allow the traders to filter the various providers based on the
system type, total gain, drawdown, and other factors. As a final resort, you
can visit some of the large currency trading message boards, where all Forex
related services are openly discussed and try speaking to past subscribers and
find out more about their experience.
Keep in mind to be disciplined and patient while trading to
avoid losses. Always trade with what you can afford to lose, exercise good
money management, and try to learn as much as possible in order to become a
successful trader!
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QUOTE OF THE DAY
#quoteoftheday #forex "Be amongst the few who dare to follow their dreams." By Steve Maraboli
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#quoteoftheday #forex "The average man can’t prove of most of the things that be chooses to speak of And still won’t research and find out the root of the truth that you seek of." By Damian Marley.
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QUOTE OF THE DAY
#quoteoftheday #forex "Nothing is permanent in this world not even our troubles." By Charlie Chaplin.
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QUOTE OF THE DAY
#quoteoftheday #forex "Some people feel the rain, others just get wet." By Bob Marley.
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QUOTE OF THE DAY
#quoteoftheday #forex "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality." By Bruce Lee.
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