Welcome InnerCircleAnalysis ❤️ . Do you want to understand What is forex trading the right way? We know that understanding forex can be a terrifying thought specially when you don’t have any previous background of finance. Guess what – you are not alone. Having taught over 100,000+ users forex trading, we have decided to create a step-by-step guide on how to start forex trading for beginners without any technical knowledge. https://www.tradingview.com/x/qnqaCiXZ/ The process is easy to follow whether you are 20 years old or 60 years old. Just follow the guide step by step. Before moving forward, Let me define what is forex? What is forex? The word forex is derived from two words foreign & exchange. The word foreign here refers to foreign currencies, so basically it is exchange of various currencies. You give one currency & take the other one. In the old days, this exchange of currencies used to be for traveling to other countries or purchasing goods from abroad. And all this exchange of currencies used to happen in physical locations like banks or money exchanges. You must be wondering how you can make money from the exchange of these currencies. Take a deep breath, the world has evolved, till now you have just understood what is forex. Your money will be generated in the next step of forex trading. What is forex trading? Forex trading is the process of buying a currency, with the intent of selling it when its price will go up. Its just like buying any physical asset in the market & then selling it once its price goes up. The hike in the price of any particularly asset is dependent on demand & supply mainly along with other various economic factors. Same is the case of currencies in forex trading. You buy any particular currency on your analysis of various economic & technical factors with the belief that price of this currency will go up in near future. Once the price goes up, you make the profit. But forex trading is not all about profits. You can have loss too if the price of your bought currency goes down. This buying & selling of currencies happen in pairs, understanding that now will get too complicated for you. But don’t worry, we have covered that too in next section of what is traded in forex. For the purpose of buying & selling these currencies digitally from the comfort of your bed, different mobile & web apps provide services. These digital facilitators of your currency trades are called brokers in the world of forex trading. They receive your orders digitally & provide them to banks & other financial institutions. So more or less, forex trading happening nowadays is just like the exchange of physical currencies that happened in the old days only at banks & money exchanges. The only difference is that today exchange happens digitally via brokers & the major purpose is to earn money on the exchange of currencies unlike the old days where the purpose was to import goods from a certain country. So till now you have understood why it is called forex trading. Because here exchange of foreign currencies happens just for trading. What Is the Forex Market? The overall ecosystem of buying & selling currencies electronically is called the forex market. You will be surprised to know that this forex market has no physical location/office or any central International regulatory authority. But this does not mean that online forex brokers are not regulated anywhere. Good brokers which are trustable are regulated by relative finance authorities of the country in which they are operating. So to keep your money safe, you have to always go with regulated brokers. But due to lack of regulations in some countries some brokers have to go unregulated but this does not mean that they are a scam. What is Traded in Forex As explained in the definition of forex trading, different currency pairs are traded in forex. For example one of the pairs is USD/JPY. When you buy this pair you have actually bought USD against Japanese Yen. You must be thinking about the role of the Japanese Yen here. In Fact in the background you bought JPY first & then with that JPY you bought USD. If the price of USD goes up & you close that trade. So now you can sell that USD back to market & you will get more JPY than that you initially invested. Similarly you can also sell USD/JPY, this sell actually mean you have bought the Japanese Yen with the USD. Now once price of JPY goes up, you can close the trade & earn the profit this way too. What is the Size of Forex Market? Forex market is the largest market in the world with daily trading volume of 6.6 Trillion USD according to Central Bank Survey of FX conducted in 2019. And this 6.6 trillion means this amount of currency is bought & sold everyday. We are already near to enter 2024, so you can imagine this number will have increased too. How Much Money You can Make from the Forex Trading? As you have already got the numbers of daily trading volume, so sky is the limit theoretically. But practically speaking based on our experience, on average any good forex trader can earn 10% of their invested capital per month. This number can vary, but a professional forex trader earn that much. And that too will not be constant journey. Some months you will be earning 20 to 50% or even 100% of your invested capital, but for some months you will be loosing too at the same pace. Its important to mention controlling your greed in this market is very important aspect of the learning forex trading. In sophisticated language let me say that risk management is the key to success. So till now, you will have got the boarder picture of what is forex trading & how money can be made from the forex trading. To practically master this art, you have to learn more. Don’t worry we are here to guide you step by step. Forex Terminology Your next step in the journey of forex trading should be learning some basic terminology of forex trading which we have enlisted below with the compact easy to understand definition’s. (01) Buy/Ask – Buy & Ask are both similar terms. Buy is the minimum price at which you will be able to purchase any currency pair in your broker account. (02) Sell/Bid – Sell & Bid are similar terms. Sell is the maximum price at which you will be able to sell any currency pair in your broker account. (03) Lot – Lot is the quantity of currency you will be purchasing or selling. Its just like unit of quantity. (04) Leverage – Leverage is the buying power provided to you by broker so you can buy or sell more currency than the available amount in your account. (05) Pip – Pip is the smallest change in value of any currency pair. (06) Take Profit Limit/TP – It is a feature provided by your broker to you with which you can set limits in your account to close any opened trade once it reaches certain profit limit as set by you. (07) Stop Loss/SL – It is a feature provided by your broker to limit your loss. Once you set stop loss limit, your trades are closed automatically once they hit certain loss limit as set by you. (08) Spread – Technically its definition may vary, but simply it is the fee charged to you by broker for opening your trades. (09) Fundamental Analysis – It is analysis & prediction of any currency pair price in near future based on the data of economic events worldwide. (10) Technical Analysis – It is analysis & prediction of any currency pair price in near future based on the historical data of forex charts. We hope that you found our tutorial on What is forex trading to be helpful. If you liked this article, then please share with your circle so others can get benefit too. 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Hello Traders ? Maybe you’ve asked yourself this question: Why is it so hard to figure out exactly when the financial markets are about to pump or crash? And how can I predict and prepare before it actually happens? Because usually, people realize we’re in a bull or bear market when it’s already too late — when we’re halfway through the move. And as you probably know, the biggest opportunities always happen at the bottom, like now — when everyone is bearish, scared of recession, or talking about trade wars (which in my opinion is just a distraction). If you know even a little about economics, you’d realize that most policies are made to strengthen markets — not to destroy them. So why did we experience things like recessions or events like Black Monday? The answer is simple: Recession is a normal and even healthy part of any economy. It resets prices, clears bubbles, and restores balance. Imagine a world where prices just keep going up forever... at some point, your purchasing power disappears. Inflation, in moderation, is part of a healthy economy — but when it turns into hyperinflation, it becomes a silent thief. ? But Why Am I Saying All This? Because today, we’re going to look at the correlation between the DXY (Dollar Index) and TOTAL2 (Crypto Total Market Cap excluding BTC). You might be wondering: Why TOTAL2? Why not just talk about BTC? If you’ve been following my ideas, you know I’ve been calling for an upcoming Altcoin Season. Right now, we’re in the BTC phase. BTC is doing its thing — and everyone knows it’s likely to go higher. There’s no need to overhype the obvious. But the real story is: while BTC is dominating, altcoins are bleeding — most of them are sitting at their ATL levels against BTC. That’s where the real opportunity is. ? Why the DXY? If you read my previous DXY idea, you already know that deflationary assets like BTC and GOLD move inversely to the Dollar. Every time we enter a QT cycle (a.k.a. Dollar Season), we see liquidity being drained, inflation being fought off, and markets getting crushed. But here’s the alpha: Every time the DXY crashes → crypto explodes. Especially altcoins — because they are inherently riskier than BTC and react more aggressively to new liquidity entering the system. Let me break it down ? DXY crash in 2020 → Altseason DXY rise in may 2021 → Major crypto crash Now → DXY breaking below a critical support line... ? If this breakdown holds and the Fed confirms the shift to a QE-friendly policy, we’re likely heading toward another massive crypto bull market. Also — if you zoom in, there’s a clear bull flag forming on TOTAL2. If DXY shows more weakness and Fed starts cutting rates, this flag might explode to the upside. I hope you enjoyed this idea and as always, never forget our golden rule: ? Discipline is rarely enjoyable — but almost always profitable ? ?KIU_COIN?
Gold is currently undergoing a technical pullback near the psychologically significant $3350 level. Historically, price action around major round-number thresholds—such as $2950, $3050, and $3250—has been followed by corrective moves, a pattern that appears consistent. If this correction concludes with another $150–$200 upside swing, it would reinforce the prevailing structural rhythm. Traders should balance historical pattern recognition with real-time market structure assessment, avoiding overfitting while identifying key trend reversal opportunities. Gold is currently experiencing a short-term pullback within a broader bullish trend. The $3250–$3280 zone serves as a key support and pivot region; a swift recovery above this range would significantly enhance the probability of a continued upside breakout. Short-term traders should closely monitor the price action near $3280 for potential long entries, with $3250 acting as the next critical support if a breakdown occurs. The broader strategy favors buying on dips, but caution is warranted due to the potential for unexpected macro shocks. Maintaining flexibility and strict risk management remains essential.
As per Weekly Chart Analysis, Bitcoin performing on the perfectly into #ElliottImpulsive waves and its #CorrectionWave and this time the 5th Cycle of Elliott Impulsive Wave was completed and last Correction Wave cycle will under movements. Now, it is completed the 0 to A-cycle & performing the moves towards B-cycle around $84k to GETTEX:87K and after that final moves towards C-cycle for last Lower-Low point around FWB:67K -65k approx, and that will be completing around next 120-150 days with 0-A-B-C of this cycle around July-August approx.. While, from 0 to A cycle was its first movement point of Retest of lower point, after the Bitcoin's $109k #AllTimeHigh point was at 0 point and $76k is the direction of Point A. Then, after the completion of this cycle of Correction Wave, Bitcoin's final BullRun movement will be starts around August onwards for next 120-150 days for this season last Bullish cycle to reach out min. $180k to $220k and max. Mark will be around $250k to $280k approx. Thereafter, the #BearishZone of market will be starts next year, after completion of this Elliott Impulsive & Correction Wave pairings, which is completely starts from Nov. 2022 from its last Lower-Low mark up point of Bitcoin was $15.5k approx. Anyways, Study deeply always to perform any trade and take StopLoss strategy for that as well DYOR too...?
LSE:ONDO 4H - LONG Updating the lower boundary of the local range forms conditions for opening long positions. The scenario is relevant if the demand is confirmed in the marked zone. Targets: $0.9277, $0.9894, $1.0799 TP/SL are presented on the chart.
We can clearly see our weekly swept a low and failed to displace. With this we know if we fail to displace a low, we will most likely see the high that failed to displace the low be taken. Our structure confirms this as well creating higher highs and higher lows. Looking to take out that other weekly swing high.
-Übergeordnet KB Blau offen +Brauchen wahrscheinlich das BC um ZL zu erreichen + VKB der Abwärtsbewegung (aus Luft) hat gehalten +Aus VKB SQ gebildet + neuem low +Short SQ ZL verpasst-> daraufhin aus dem Bc reagiert/ Sogar verpasst +KB zerstört nach darauffolgender bewegung +Währungslage passt Untergeordnet: +Mögliche größere SQ aus sek. SQ +Mögliche neue KB zerstört + VKB's halten +Short ZL noch offen +Immer neue LL/LH -Wir können auch so einfach weiter Long ziehen -Sek. SQ 100Ext nicht erreicht -3x ZL schon verpasst spricht für Long Stärke Meinung: Etwas Riskanterer Trade, gleichzeitig Out of System deswegen nur ein 1:3CRV verwendet und natürlich auch nur, aufgrund von Puffer der Letzen Woche gehandelt. VKB=Verkaufsberreich KB=Kaufberreich ZL=Ziel Level SQ=Sequenz BC=Korrekturlevel LL/LH=Lower Low/Lower High sek=Sekundär
Hallo Trader, Bitcoin ist im aktuellen Marktumfeld wirklich mega stabil. Das war in der Vergangenheit auch schon einmal anders! Das ist für mich definitv ein gutes Zeichen. Die abwärts gerichtete Trendlinie ist nun auch gebrochen. Somit bin ich mit einer ersten kleinen Position drin. Über dem Hoch vom Mittwoch lege ich eine weitere Stop Order. Unterstützungen: - Zone zwischen 80.000$ und 78.000$ - Zone bei etwa 75.000& Widerstände: - ATH bei 108.000$ - Zone rund um 91.000$ - High vom 03. März bei 95.000$ - Abwärts gerichtete Trendlinie Happy Pips! Michael - Team PimpYourTrading
Hallo Trader, Gold steigt und steigt und steigt So langsam sehe ich aber den Bogen überspannt und erwarte Gewinnmitnahmen. Ich werde nun wirklich genau genau auf Umkehrzeichen achten. Beim Volumen sieht man zum Beispiel schon, dass das Kaufvolumen nachgelassen hat (wenn auch auf hohem Niveau). Wann würde ich eine erste Position aufbauen? Hier nehme ich jeweils das Tagestief vom Vortag als Referenz. Sprich aktuell das Tagestief vom Freitag. Widerstände: - Gibt es aktuell bei Gold nicht ^^ Unterstützungen - Zone bei 3160$ - Zone bei 2950$ - Tief bei 2840$ - Zone bei 2800$ - 2790$ - Zone Rund um 2720$ - Dezembertief bei 2580$ Happy Pips! Michael - Team PimpYourTrading
Hallo Trader, beim DAX sind wir akutell an einder starken Widerstandszone. Ich persönlich denke, dass der Markt noch einmal "Luft holt" und korrigiert, bevor wir dann wieder einen Anlauf nehmen für einen neuen Aufwärtstrend. Ich kann mich zwar täuschen aber würde erst einmal die Eröffnung nach den Osterfeiertagen abwarten. Aktuell sehe ich keinen Handlungsbedarf für kurzfristige Longs... Unterstützungen: - Runde Marke von 20.000 - Dezembertief bei 19.650 Widerstände: - Zone rund ums All-Time High bei 23.500 - Zone rund um 22.200 - Trendlinie DAily - Zone bei 21.500 Happy Pips, Michael - Team PimYourTrading