Forex Daily Signals
Last week, we had a good run with our trading signals in forex. We opened 15 forex signals in total, having three losing and 12 winning signals, giving us a. 80%-20% win-loss ratio. We caught most of the bullish momentum in USD/JPY and will continue to remain long on this pair this week, as the BOJ pledged to remain very loose on the monetary policy. The pairs where we made the most profit were USD/JPY long positions, EUR/USD sell and AUD/CAD positions.
Cryptocurrencies had a bullish week until the last day, as they made some decent gains until Sunday when they reversed back down. We had a winning long term buy signal in Cardano (ADA) and a short term losing signal in Bitcoin.
Commodities including GOLD continued to show a clear bearish trend. We tried to pick trades in Gold, opening five Gold signals and winning four of them, one of them a long-term signal.
Stock markets and Indices continued to slip lower during the first half of the week, but retraced higher toward the second half. As a result, we decided to open a sell trading signal on the DAX index, as it got rejected by the 20 daily SMA.
It is necessary to know that even the best crypto signals should come with the required limit, stop-loss, and take-profit order prices to be efficient. If you are new to these key trading terms, you should have a firm understanding of what these mean before you sign up for a crypto signal service. Below is a brief explanation.
Premium Signals for Beginners at COINMARKETCAP.TRADE
Understand the Market
Are you looking to trade cryptocurrencies like Bitcoin,
If so, you should know that seasoned traders have spent years learning the craft of technical analysis. This means
performing advanced research on cryptocurrency pricing trends through a wide variety of indicators. Think along the lines of the RSI, MACD, Moving Averages, and more.
Gain our skill-set
The truth is – if you don’t have the skill-set to perform technical
research at an advanced level, you will struggle to make
consistent gains in the crypto trading industry. Instead, there is every chance that you will blow through your account balance. In turn, this allows you to trade the cryptocurrency markets without needing to put in any of the legwork.
On the other hand, we should also note that our crypto signals are not only suitable for newbies. On the contrary, you might simply not have the time to research the markets. As such, COINMARKETCAP.TRADE can help traders of all skill-sets!
That is to say, once you receive a signal from us – you’ll know which crypto pair to trade, whether you should go long or short, and what entry and exit price to target.
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