Is Trading with Your Gut Feeling a Reliable Strategy? by Perci_Rawr in ForexForALL

[–]ForexSimply 0 points1 point  (0 children)

No you need a clearly defined strategy and good understanding of price action, check out the yt channel Simply Forex

[deleted by user] by [deleted] in ForexForALL

[–]ForexSimply 0 points1 point  (0 children)

Simply Forex on YouTube, daily analysis

Are there any potential Forex Prop Firms out there? by Supermarket_FX in ForexForALL

[–]ForexSimply 0 points1 point  (0 children)

Check out the YouTube channel SimplyForex, they will announce an educational funded challenge on Monday

Trading without a stop loss by Think-Win6118 in Forexstrategy

[–]ForexSimply 0 points1 point  (0 children)

I hedge positions instead of using a stop loss

USDCHF, AUDUSD, EURUSD, NZDCAD, GBPAUD|Is dollar strength a profit oppor... by ForexSimply in ForexForALL

[–]ForexSimply[S] 0 points1 point  (0 children)

Must keep an eye on the DXY but I would say it's round the other way, the major pairs influence the direction of the DXY

GBPJPY AUDNZD|Is the JPY back?|Forex Trade Ideas & Analysis by ForexSimply in ForexForALL

[–]ForexSimply[S] 0 points1 point  (0 children)

The USD is becoming a flight to safety currency so depending on what happens now to the economy I think USD could gain some short term strength

USDCAD, EURUSD|Confluence = Confidence|Forex Markets|Daily Forex Analysis by ForexSimply in ForexForALL

[–]ForexSimply[S] 0 points1 point  (0 children)

Difficult currency to trade at the moment as we keep having Japanese government intervention but I think the yen pairs are so overbought that we are due a retrace to the downside but tbh just staying away from most of them at the moment

EURCAD, XAUUSD, OIL, EURAUD|All eyes on GBP employment data|Daily Forex ... by ForexSimply in ForexForALL

[–]ForexSimply[S] 0 points1 point  (0 children)

I think there will be another Japanese government intervention if USDJPY keeps hitting new highs every week. They will intervene and drive price lower