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Whether you’re looking to practice trading risk-free, or to open a live trading account to start earning, CedarFX offer free Demo and Live accounts on the renowned MetaTarder 4 platform. You can even perfect your strategy and acquaint yourself with the platform through a Demo account before depositing any funds. Both account types present identical market conditions, helping you get ready to go live!

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Our Forex Market Analyst Service is designed to give our clients an insight to the way we trade here at Trade Simple FX. Throughout the trading day we provide our clients with both Fundamental and Technical commentary of the live markets. This way our subscribers can looks to adopt the principles we use on a daily basis to set a routine and market approach.

We are lucky enough at Trade Simple FX to have subscriptions with close partners which gives our traders access to instant and exclusive breaking information in live time. Such as; breaking risk events and key economic data. Our traders have strong working relations with other highly reputable market analysts, and are able to pass on live market commentary to benefit our subscribers on present and future market conditions.

CHARTS AND TESTIMONIALS

Cosy afternoon at the gym catching up on Kitco interviews, interesting thoughts from some analysts on the recent fed rate decision and recent moves on gold!

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133 5

Back down on technical support for some of these major cryptos. BTC pulled back down to our consolidated support price of circa $33k, ETH back down to $2000/Β£1500 support price too.

Trade short, invest long... Added some nice long term positions to ETH, ADA and BTC.

What do you guys think is next for Crypto? I'm waiting patiently for some decent volume to come back into play in the Crypto world, when we break above $41k on BTC and Β£2150 on ETH, I'll look to further add.

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444 33

Really nice before and after example here on GBPJPY. We provided a full top down video analysis recording of this the morning of the the first sell off wave.

You can access this via our free Telegram group and catch up on the recording. Here, you'll be able to see the markets from our perspective and understand the logic behind our trading analysis and decisions.

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515 12

Another FTMO challenge completed, mostly consisted of experimenting with crypto longs, certainly what I’ll be looking for on the verification. 1 or 2 trades to hold long from a nice support entry.

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355 23

Two of the most simplistic and stress free trades we have taken in a while, shorting GBPUSD from 1.42 down to 1.41 and then buying it straight back up to 1.42 again the next day, 4R from resistance to support and the same back up to resistance.

Incredible trades which triggered to the pip, minimal drawdown, satisfying trades. Hope you guys caught in too, we were commentating this on our story last week πŸ”₯πŸ”₯πŸ”₯

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433 35

We are all guilty of it, and it’s the natural step when you approach financial markets... buy and sell with not a clue or care in the world... then we soon realise it’s not sustainable and our account balance slowly, or drastically declines.

The faster we realise we need an edge, a strategy, a systematic approach to tackling these markets, the more money, time and stress you save.

Seek advice and mentorship from those that you trust and have researched!

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275 28

Great performance on GBPUSD today commentated this pair, setup and US data points throughout the day. Well managed positions squeezing profit and realising the full swing, intraday. 100 pips from 1.42 down to 1.41, with a circa 3.2R ratio.

Who else caught this trade today?

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To get involved with our members group, 1-2-1 sessions, courses or even our free channel, just shoot us a message @Trade_Simple_FX, send us an email, or visit out website directly @ www.tradesimplefx.com

Check out CedarFX if you’re looking for trading broker!
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448 17

USDWTI H4

Potential for a market correction on WTI here, depending on how we close on this next H4 could give us a reasonable indication of where we may head going forward. Ended up responding nicely to this region and dumping quite aggressively down to support and beyond!

Huge trade setup which unfolded with ease, usually the way these instruments move!

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Check out CedarFX if you’re looking for trading broker!
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1333 92

Give yourself the best fighting chance you can when approaching financial markets.

First and foremost is risk management, know how to protect your capital, then develop some sort of strategy, and understand what that strategy is built up of... Entries, exits, scaling in/out, re-entries, risk to reward, position management etc...

And then take each trade as it comes, by working from higher timeframes and slower moving instruments, you can follow that instrument closer and see how it moves and works. The zones are always going to be the same, and strategy is usually relevant to all instruments, whether it's indices, FX, crypto etc...

Focus on higher timeframes so you're not constantly chopping and changing your bias. I don't like to use this term, but it's important when you're starting out. 'set and forget', let the markets breath and works it's magic, higher timeframes allow this.

Only consider 1 or 2 trades a day, but really try and soak up as much experience out of those trades as you can!

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Check out CedarFX if you’re looking for trading broker!
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887 30

A free journal for everyone that signs up to our monthly plan, or a free month for anyone who purchases our trading journal πŸ‘€

We will be running this offer throughout until the end of the month. Ready for those voluminous summer trading months!

Grab yours whilst stock lasts!

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To get involved with our members group, 1-2-1 sessions, courses or even our free channel, just shoot us a message @Trade_Simple_FX, send us an email, or visit out website directly @ www.tradesimplefx.com

Check out CedarFX if you’re looking for trading broker!

#forexmentor #forextraining #forexquotes #forexuk #forexstrategy #forexbroker #tradingforex #tradingfx #tradingview #tradingpyschology #daytrading #daytraders #optionstrading #futures #equitymarkets #tradesimplefx #tradingmadesimple #simpletrading #financialmarkets #tradingtips #tradeideas #technicalanalysis #priceaction #economics #globalpolitics
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245 9

Little before and after on an intraday trade last week.

GBPUSD H1:

Before: Could be a small trading range here on cable, seem to be using this 1.41 handle as clear S/R. Also 5R is attractive too.

GBPUSD H1 Update:

After: Filled the structure we had posted earlier on today. Back on resistance (H4). I'll record a quick video on why I think we may correct from here without anything catalysing this.

Really clean rally, no pullbacks, ideal trading conditions to be honest, shame all setups don't unfold like this!

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799 25

Huge day for Crypto today, I’ve been waiting for a decent 60-70% correction after the extension upside late April. Didn’t expect to see 100% corrections though.

Managed to reshuffle positions and jump in at Β£1500 and Β£1620 respectively. Up towards that Β£2000 mark sitting on +25-30% floating equity.

Hopefully we go on to see new highs 🀞🏽🀞🏽

Where do you think ETH is heading next and by when?

Comment below!

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372 211

ETHEREUM!

Seemingly in consolidation at the moment... on the H4 down to the M15. The top chart shows the M15 and the bottom the H4, I was previously eyeing up $3000 for long term holds and entries, but I feel if we break sub $3150 we should see a deeper drop beyond $3000 and our 618 fib.

What are your thoughts?

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467 65

Crypto correction complete?

Few headlines over the last week pulling crypto back down to see some market corrections, ETH set a new ATH of $4400 before dumping to $3500.

Are we done here? Or do you think we could see some further downside potential? I personally would love to see $3000, but let’s see what unfolds!

Happy Saturday!

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663 109

Another move from resistance to support from last week, firm believer in 'don't fix it unless it's broken' and that the beauty trading these types of setups.

They're generally providing 4R as a minimum, nice swing positions which require a couple/few days holding, plus there is no need to constant re-drawing of analysis and trading zones, simplicity prevails.

Been super busy with personal things at the moment, and these higher range swing trades seem to be performing exceptionally well recently.

Just to add to the above, we have seen yet another surge from support to resistance to now break resistance. Simply looking for a pullback to use the previous resistance price now as support before we look to execute long positions in like with the breakout range.

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...

529 26
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