The5ers Educational Center

[The5ers]

In this thread, The5ers will share their high-quality resources to help you become a better trader.

High 5!

 

[The5ers]

Weekly Forex Forecast Apr 3 – 7, 2023

In today's session, Michael Katz, Trade the Pool CEO, explains how to build a position with the right risk approach while creating scenarios for the asset you want to trade.

He gave some tips and tricks/tools to understand when the market should shift its direction.

Michael analyzed the USD/JPY and the US indices and shared his experience on how to read the market.

For more information about the trading festival of the year, go to tradersday.live

We will go LIVE tomorrow @9:00 AM ET on The5ers YouTube channel

 

[The5ers]

Weekly Forex Forecast Apr 10 – 14, 2023

In today’s trading room, we analysed the Gold and the major forex pairs and Indices.

As uncertainty remains in the stock market, we see money going into Gold, which recently broke the 2000 level.

Technically, the break out of the level looks solid, but very soon, meeting an old supply.

Overall, we see a very rangy market with sideways movements.

CPI on Wednesday is expected to come lower, which indicates less inflation and less demand for USD

For more information about the trading festival of the year, go to tradersday.live

 

[The5ers]

Weekly Forex Forecast Apr 17 – 21, 2023

In today's trading room, we analyzed the fundamental events to expect this week.

We spoke about the trading festival event in June and how it will improve the trader's skills.

We see a slight strengthening of the USD against other currencies, and we attempted to follow a setup from the audience and short AUD/USD.

Don't miss the trading festival of the year and Get A FREE Trading Account On The Event Day: tradersday.live

 

[The5ers]

Weekly Forex Forecast Apr 24 – 28, 2023

In today’s trading room, we analyzed the major pairs to look for long-term setups.

We found an interesting level on CAD/CHF, as it is trading at historically low levels. In many cases, we tend to see governmental interventions to reverse these markets.

We established a bearish bias on gold, as it formed a divergence pattern on the daily charts and bearish strength on the hourly timeframes. Based on that, we took a profitable short scalp on gold.

Don't miss the trading festival of the year and Get A FREE Trading Account On The Event Day: tradersday.live

 

[The5ers]

Weekly Forex Forecast May 1 - 5, 2023

In today’s trading room, we discussed some of the setups from last week. We see how CAD/CHF started forming higher lows and higher highs, which could be a sign of trend reversal.

We also took a long position on GBP/JPY and a short scalp on GOLD, both successful.

We extend an invitation to a special webinar tomorrow to discuss how to scalp properly.

Join Us For The Trading Festival Of The Year Buy A Ticket Before May 14 and participate for $2.5M in prizes.: tradersday.live

 

[The5ers]

Kaci has successfully passed the Bootcamp Program and has already succeeded in gaining 5% and receiving more funding.

She is one of the The5ers-funded traders, trading a $125K Bootcamp-funded account.

Her next objective is to reach 5% profit again to scale up her account to $150K.

We spoke with Kaci about her trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.

Join Us For The Trading Festival Of The Year Buy A Ticket Before May 14 and participate for $2.5M in prizes.
For more information, check tradersday.live

 

[The5ers]

Weekly Forex Forecast May 15 - 19, 2023

In today's trading room, we scanned the markets and found a slightly strong bias on USD.

Major pairs like GBP/USD, AUD/USD, and EUR/USD show some strong movements to the downside.

We review a trade from last week on GOLD and CHF, both profitable.

Join Us For The Trading Festival Of The Year Top Traders, Competitions, Gaming, Lunch & Beer: tradersday.live

 

[The5ers]

Weekly Forex Forecast May 22 - 26, 2023

In today's trading room, we analyzed the current trends in Gold and the US Indices during our discussion. It was observed that Gold has recently experienced an overextension and has been unable to establish a new high. As a result, it is anticipated that Gold will continue to decline in the coming weeks.

The US stock market is expected to demonstrate limited movement throughout the remainder of 2023. The market has been characterized by a range-bound behavior, primarily due to prevailing uncertainty.

In terms of the EURUSD currency pair, it is currently trading within the standard range observed in recent years.
Furthermore, Ruben executed a short scalp trade on the SP500 at market opening.

Join Us For The Trading Festival Of The Year Top Traders, Competitions, Gaming, Lunch & Beer: tradersday.live

 

[The5ers]

Weekly Forex Forecast May 29 - June 2, 2023

Despite the limited market activity during Memorial Day, we have taken the opportunity to formulate a forecast for the upcoming week. The US indices have experienced an upward trend primarily driven by the growing influence of artificial intelligence (AI). As a result, the market anticipates a promising future and expects enhanced efficiency for companies leveraging these emerging technologies. However, from a technical standpoint, certain weaknesses are evident in the market, which could potentially create selling opportunities throughout the week.

Turning our attention to the EURUSD currency pair, the price has arrived at a significant key zone, indicating the potential for an upward push following an extended bearish trend observed over the past few weeks.

Lastly, the gold market presents favorable buying prospects as it currently resides within a demand zone. This provides an attractive opportunity for investors seeking to enter the market.

In summary, based on our analysis, the US indices exhibit signs of weakness, while the EURUSD pair shows the potential for an upward movement, and Gold indicates favorable buying opportunities within the current demand zone.

Top Traders Lectures, Contests, Gaming, and Beer on June 17, London Don't regret missing this event: tradersday.live