Forex Videos

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 5th session. EUR/USD — The euro got hammered on Thursday session, as Jerome Powell, the Fed President, failed to indicate anything about the interest rates coming out of the bond market in the US. This caused the US dollar to strengthen. The 1.20 level below could be tested for support. You have the non-farm payroll report to be released later, which […]

In this video, you will learn about the types of divergences, and how you can use them in your forex trading. There are two types of divergences. They are the regular divergence and the hidden divergence. If you are looking for a potential reversal, then you should look for regular divergence. If you are looking for the continuation of an existing trend, then you should use the hidden divergence. For example, look at this […]

Many beginner traders do not know which platform to use. Should they use the MetaTrader 4 or the MetaTrader 5 platform? In this video, you will learn about the differences between these two platforms. Both of these two platforms were developed by MetaQuotes Software Corporation. These two platforms enable you to trade the forex market from anywhere in the world using an internet connection. When the MetaTrader 4 was […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 4th session. EUR/USD — The trading session was quiet on Wednesday session and the euro is hovering around the 50-day EMA at the moment. The 1.20 level below is supportive. The 1.23 level above is resistance. You have the non-farm payroll data to be released from the US, which will have significant impact on this market. In the meantime, you […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the March 4th session. Bitcoin/USD — Bitcoin rallied very strongly on Wednesday session and tried to go above the $50,000 level. The market needs to overcome resistance at the $58,000 level and the next major resistance comes at $60,000. A breakdown below the bottom of this candlestick is very bearish and the next support forms at the $45,000 level. With the institutional money like Tesla flowing into this […]

In this video, the Trader Guy looks at the commodity, gold for the March 4th session. Gold/USD — Gold fell towards the $1,700 level on Wednesday session. This level was previously supportive and looks psychologically significant. A daily candle close below this level is very bearish and the next support could be located at the $1,550 level. To the upside, the $1,800 level is the major resistance. You have the 50-day EMA waiting t […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 3rd session. EUR/USD — It looks likely that this market will continue to consolidate between the 1.20 and the 1.23 level. You have the non-farm payroll data to be released soon, which will have a major impact on this market. You will see a lot of back and forth movements and is seen suitable for scalpers. GBP/USD — […]

In this video, the Trader Guy looks at the commodity, gold for the March 3rd session. Gold/USD — Gold fell initially on Tuesday session, but then found support at the $1,700 level. A breakdown below the $1,700 level is very bearish and the next major support comes at the $1,500 level. Pay attention to the US Treasury 10-year note. If the yields rise, then it is bearish for gold. The market needs to clear resistance at the $1,750 […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the March 3rd session. Bitcoin/USD — Bitcoin initially rose towards the $50,000 level on Tuesday session, but then gave back the gains. This level is now seen as the psychological resistance. To the downside, the $40,000 level is supportive. This market was parabolic and now it looks like that it needs a pullback. So, pullbacks are buying opportunities. This […]

In this video, you will learn about margin in forex trading. Margin is directly related to leverage offered by your broker. Margin is like a loan offered to you by your broker to increase your profit potential. Consider this example. Assume that your leverage is 1:100. With $1, you can control $100. Now, consider a deposit of $50. The leverage is 1:100. So, with $50 in your […]