Pheletso Monareng

Latest posts from Nare Fx

• The Breakout Strategy I Use to Catch Strong Forex Moves

  Mar 24

  One of the most powerful ways to trade Forex is the breakout strategy. Markets spend most of the time moving sideways, building pressure. When price finally breaks out, it usually moves fast — and that’s where opportunity is. What is a Breakout? A breakout happens when price breaks above resistance or below support after consolidating. Resistance = price ceiling Support = price floor Breakout = …

  

• How to Read Forex Charts Like a Pro (Even as a Beginner)

  Mar 21 ⎯ Subscribers only

  If you’re looking at forex charts and feeling confused… you’re not alone. But here’s the truth: Charts are actually simple—once you know what to look for. Let’s break it down step by step. 1. What You’re Looking At (Candlesticks) Every chart is made up of candlesticks. Each candle tells you 4 things: Open price Close price Highest price Lowest price If the candle is green (bullish) → price we…

  

• “Why Most Forex Traders Fail: Master Your Mind Before the Market”

  Mar 20 ⎯ Subscribers only

  90% of traders fail—and it’s not because they don’t have a strategy. It’s because they haven’t mastered their mindset. In the forex market, your biggest enemy is not the charts… it’s your emotions. Let’s break it down. Most beginner traders enter the market with one goal: to make money fast. But when the market starts moving, emotions take over. You open a trade—and the moment it goes into profit,…

  

• Mastering the Forex Market: How Smart Traders Turn Opportunities into Profit

  Mar 19

  The forex market is the largest financial market in the world, with trillions of dollars traded every single day. But despite its size, many people still don’t understand how it works—or how to profit from it. At its core, forex trading is all about exchanging one currency for another. You’re not just buying money—you’re betting on whether a currency will rise or fall in value compared to another.…

  

• *The Failure of Retail Risk Management: Why Traditional Approaches Fall Short

  Mar 18 ⎯ Subscribers only ⎯ 🔥1

  Most retail risk management strategies fail because they focus on symptoms rather than root causes. They often rely on: 1. Reactive measures: Responding to incidents after they've happened, rather than proactively preventing them. 2. Siloed approaches: Different departments (e.g., loss prevention, operations, finance) work in isolation, leading to fragmented risk management. 3. Lack of data-driven…