Forex GDP

2021-07-29 15:16:22 Open / Comment

2021-07-29 15:15:54 AVOID BIG LOSS in your Trading Life reading this small powerful story

We like to share this small powerful story today about Warren Buffet and Bill Gates that will help you to avoid big losses in Trading Life.

I once heard a story of Warren Buffett playing golf with Bill Gates and their group of friends, not sure if it is a true story, but I found the story message behind it very powerful. And also, personally I don’t play Golf so please pardon me if certain terminology is inaccurate. The group of friends came to the Par 3, which is apparently the one which has the highest chance of scoring a Hole In One (hitting the ball into the hole with just one stroke.) Warren got into position to take his turn when one of the friends called out “Hey Warren, just have a bet. If you hit a Hole in One, I will give you $20,000!”

Warren turned and ask, “And if I miss?”

“Well… if you miss, you pay me $20.”

Warren thought about it for a second and said, “Bad odds, no deal!”

The group was shocked that Warren would not take up the bet. After all, he was risking $20 for $20,000.

They questioned, “What do you mean bad odds?”

Warren replied, “The bet is $20,000 is to $20 which means the odds is 1000 to 1. But that chance of me hitting a hole in one is less than 1/1000, so bad odds, NO DEAL.”

Bill Gates went to Warren Buffett, “Come on Warren, you are a billionaire and it is only $20. Can’t we have some fun?”

Warren’s reply was very profound, he said, “Stupid in Small = Stupid in Big”. To Warren, if you are stupidly managing a small sum of money, you will be stupid in managing big sums. Open / Comment

2021-07-29 15:15:27 Open / Comment

2021-07-29 14:43:59 Gold Price bounced up from the support zone and higher low level of Uptrend line and also broken the top of the Descending Triangle pattern.

How to trade the Triangle pattern check here: https://www.forexgdp.com/chart-patterns/#triangle Open / Comment

2021-07-27 19:54:30 True Most of the traders are in this mindset. Do you agree?

Don't trade all the time, Trade forex market only at the confirmed trade setups.

Get more confirmed trade setups at premium or supreme plan here: https://www.forexgdp.com/buy/

If you have any questions or need any help, please click here to message now: https://www.forexgdp.com/contact-us/

Thank you Open / Comment

2021-07-27 19:52:44 Higher and Lower Timeframes Comparison

EURCHF hits the higher low level of an Uptrend line in the weekly timeframe and lower low level of Descending channel in the 4-hour timeframe.

Why we have both higher and lower timeframe comparison?

If the market reached the important area in the higher timeframe, We highly recommend all of you to look out for the lower timeframe structure or patterns to confirm the reversal or breakout.

In the above example, EURCHF standing at the low level in both higher and lower timeframes, This gives double confirmation for Entering the trade. Open / Comment

2021-07-27 19:39:37 Reversals and Corrections Happening in the market. Check Gold EUR USD GBP JPY AUD NZD CAD CHF Analysis here: https://www.forexgdp.com/reversals-and-corrections-happening-in-the-market/ Open / Comment

2021-07-26 18:58:59 If you don't like any trading strategy after back testing it for more days, then please change or adjust your strategy type. Be willing to change depend on the market conditions.

Don't trade all the time, Trade forex market only at the confirmed trade setups.

Get more confirmed trade setups at premium or supreme plan here: https://www.forexgdp.com/buy/

If you have any questions or need any help, please click here to message now: https://www.forexgdp.com/contact-us/ Open / Comment

2021-07-26 18:58:16 Gold is still moving between the range zones where resistance turned into support, and the higher low of uptrend line is reached in another view. Open / Comment

2021-07-26 18:44:38 USDCAD is falling to the higher low level of Uptrend line. Open / Comment