Mdraghib's Posts | Myfxbook

What are candlestick chart patterns? in General Nov 17 at 12:23

Candlestick charts are one of the simplest ways to read price action. Each candle shows the market’s open, high, low, and close, helping you see who’s in control — buyers or sellers. When these candles form candlestick chart patterns like hammers, engulfing candles, or dojis, they can signal reversals or trend continuation. If you’re new, start by learning a few strong patterns instead of trying to memorize everything. It makes trading a lot clearer.

Which currency pairs are you looking to trade in 2026? in General Nov 04 at 11:12

How do you decide which pair to focus? Share your thoughts guys

What Are Triangle Chart Patterns? in General Oct 29 at 13:23

How are triangle chart patterns working for you? I’m curious to know how you all use them in your trading.

Which of the Most Traded Currency Pairs Do You Prefer and Why? in General Oct 24 at 05:55

I’ve been diving deeper into forex lately, and it got me thinking we all know the most traded currency pairs like EUR/USD, GBP/USD, and USD/JPY dominate the market, but everyone seems to have their own favorite.Some traders love the stability and tight spreads of major pairs, while others chase volatility with minors or exotics for bigger moves.So, I’m curious which currency pair do you trade the most and why?Is it because of liquidity, volatility, or just comfort with how it moves?Let’s share some insights might help a few beginners (and even experienced traders) see things ...

What is the best time to trade forex | Forex in General Oct 16 at 10:49

Forex trading time plays a major role in market volatility and liquidity. Understanding what is the best time to trade forex helps traders take advantage of overlapping trading sessions, such as the London and New York sessions, when market movements are strongest.

Understanding Forex Market Hours When’s the Best Time to Trade? in General Oct 15 at 12:23

I’ve been learning more about forex trading hours lately and realized that timing plays a huge role in how the market moves. The forex market runs 24 hours a day, but it’s divided into four major sessions Sydney, Tokyo, London, and New York.Each session has its own vibe:London is usually the most volatile and active.New York overlaps with London, which makes it a great time for traders who like strong price movements.Tokyo and Sydney are a bit calmer but can still show good setups, especially for pairs like JPY and AUD.If you’re new, it’s worth tracking which session su...

Understanding Candlestick Chart Patterns: The Language of the Market in General Oct 15 at 05:37

I’ve seen a lot of traders (especially beginners) ask, “What are candlestick charts?” — and honestly, it’s one of the best questions you can start with if you’re serious about trading.Candlestick charts are basically a visual story of price movement showing who’s in control: buyers or sellers. Each candle shows four key points open, close, high, and low — giving you instant insight into market sentiment.Once you get comfortable reading them, you can spot powerful candlestick patterns like:📈 Bullish Engulfing – hints that buyers are taking...

10 Price Action Strategy Mistakes Beginners Make (and How to Avoid Them) in General Oct 08 at 11:46

A lot of traders jump into price action strategies because they’re clean, indicator-free, and feel “pure.” But beginners often repeat the same mistakes that cost them money. Here are 10 I see all the time (and what to do instead):Forcing trades on every candle – Not every move is a setup. Patience pays.Ignoring the higher timeframe – A bullish pin bar on 5m means little if the daily trend is bearish.Not marking key levels – Support/resistance zones matter more than candlestick shapes in isolation.Overcomplicating patterns – Stick to a few reliable setu...

Policy vs Profits: Which Stocks Are You Betting On? in General Oct 01 at 11:54

In stock trading, I think it’s a bit of both. Policies can spark momentum (like clean energy stocks after government pushes), but strong profits usually keep companies steady long term. I balance between policy-driven plays and fundamentally solid profit-makers. What’s your approach?

Why Fundamental Analysis in Forex Really Matters? in General Sep 29 at 05:49

Most of us focus on charts, indicators, and patterns. But let’s be real—if you’re only looking at the technical side, you’re missing the bigger picture. That’s where fundamental analysis in forex comes in.Things like central bank decisions, inflation numbers, jobs data, or even political events can push currencies way harder than any RSI or MACD signal. Just look at how the dollar reacts every time U.S. jobs data or Fed announcements drop.Personally, I use fundamentals to set my bias (bullish or bearish) and then rely on technicals to time my entries/exits. Works ...

What is the best forex trading broker? in General Sep 25 at 05:16

If you’re just starting out, Exclusive Markets can be a good option because:✅ User-friendly platform – easy navigation for beginners who are still learning.✅ Educational resources – plenty of guides, webinars, and tutorials to help you understand forex and CFD trading.✅ Demo account – lets you practice without risking real money.✅ Variety of instruments – not just forex, but also indices, commodities, and stocks, so you can explore different markets.✅ Regulated forex broker – adds a layer of safety and transparency.Overall, it’s beginner-friendly while...

Gold Scalping vs. Swing Trading: Which Strategy Performed Best in 2025? in General Sep 18 at 10:20

Both gold scalping and swing trading had their moments in 2025, but the “better” strategy really depended on market conditions and trader style.Scalping worked well during periods of high intraday volatility, especially around economic news releases, where quick moves in gold gave scalpers small but frequent profits. On the other hand, swing trading proved more effective when gold followed clear medium-term trends, like during interest rate announcements or shifts in global risk sentiment.

What is the best forex trading broker? in General Sep 17 at 10:56

Exclusive Markets, along with FXPro and Pepperstone, is a trustworthy forex broker offering a user-friendly platform and transparent services. These brokers are known for providing competitive spreads, fast execution, and helpful trading tools, making them ideal choices for both beginners and experienced traders who want to trade with confidence and ease.

What is Position Trading? | Exclusive Markets in General Sep 15 at 08:49

Position trading is a style where you hold on to your trades for a longer time—weeks, months, or even years. Instead of trying to make quick profits from small price changes like day trading, position traders focus on the overall trend and wait for bigger moves.It’s all about being patient and doing your homework. You’ll need to look at charts, market news, and economic reports to decide when to enter or exit a trade.If you’re thinking of trying position trading, having a good platform makes a big difference. Exclusive Markets provides useful tools, charts, and insights...

CFD Trading in 2025 – What You Need to Know in General Sep 11 at 11:54

CFD trading is evolving quickly, and 2025 is shaping up to be an exciting year for traders! With new technology, better platforms, and more accessible markets, it’s easier than ever to start trading. If you’re wondering how to start CFD trading, the first steps are to choose a reliable platform, understand the risks, and learn how leverage and spreads work.In 2025, more traders are using advanced tools like AI-powered analytics, mobile-friendly platforms, and educational resources to make smarter decisions. Whether you’re a beginner or experienced, staying informed and practi...

Risk Management: The Key to Smart Forex Trading! in General Sep 08 at 08:34

Trading isn’t just about making profits—it’s about protecting what you’ve got. Good risk management helps you stay in the game even when the market gets rough.Here are a few quick tips:✅ Always use a stop-loss to limit your losses✅ Never risk money you can’t afford to lose✅ Avoid high leverage—it can multiply losses too✅ Spread your trades to reduce riskExclusive Markets offers great tips and resources to help you learn how to manage risks and trade smarter, not harder. Focus on protecting your trades today, and you’ll build a stronger, more confident ...

Most Traded Currency Pairs in Forex – Which Ones Should You Focus On? in General Sep 04 at 06:42

When it comes to forex, not all pairs are created equal. Some are highly liquid, move with clear trends, and are favored by both beginners and professionals. If you’re just starting or even refining your strategy, knowing the best forex pairs to trade can make a huge difference.The most traded pairs are the majors, which always include the USD because of its dominance in the global economy. Here are the top ones to keep on your radar:EUR/USD – The king of forex pairs. High liquidity, tight spreads, and lots of trading opportunities.GBP/USD – Known as “Cable,” it&r...

Best Timeframes and Strategies for Forex Scalping Trading? in General Sep 01 at 07:57

I’ve been experimenting with forex scalping trading lately and wanted to hear your thoughts. Scalping is all about making quick moves on small price changes, but I’ve realized success depends a lot on spreads, execution speed, and broker reliability.For example, I tried scalping on Exclusive Markets, and the tight spreads really made a difference compared to other brokers I’ve used. Still, discipline and risk management are key — without that, it’s easy to overtrade.What’s your go-to strategy for forex scalping?Do you think certain brokers provide a clear ed...

AI and trading in General Aug 27 at 06:58

You’ve made some really great points! AI has definitely changed the way we trade, especially in areas like crypto, forex, and even stocks. Tools like Bitget’s GetAgent are interesting because they make advanced analysis more accessible for everyday traders. But like you said, no AI tool can guarantee a 100% win rate—it’s more about using them as an assistant rather than relying on them completely.At Exclusive Markets, traders also get access to powerful platforms and tools that support both technical and fundamental analysis. While AI can help with speed and data proces...

What is Fibonacci Retracement? in General Aug 25 at 10:44

If you’ve been exploring trading strategies, you’ve probably come across the term Fibonacci Retracement. It’s one of the most popular tools used by traders to identify potential support and resistance levels in the market. But what exactly does it mean, and how do traders use it?Fibonacci Retracement is based on the famous Fibonacci sequence, where each number is the sum of the two preceding ones. In trading, certain ratios derived from this sequence—such as 23.6%, 38.2%, 50%, 61.8%, and 78.6%—are plotted on a price chart to help traders predict possible price pul...

EURUSD	1.15283	GBPUSD	1.30605	AUDUSD	0.64551
USDJPY	156.793	USDCAD	1.40613	USDCHF	0.8053

Posts by Mdraghib