fx - level2+3 - technical indicators
DESCRIPTION
Technical Indicators Retirement Children’s College Level Two > Technical Indicators > Introduction Limited Capital Largest financial market 24 hours! Level Two > Technical Indicators > Introduction Successful traders aren’t made overnight Level Two > Technical Indicators > Getting Started You need to progress through your Forex education Level Two > Technical Indicators > Getting Started Level Two > Technical Indicators > Getting StartedTRANSCRIPT
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Technical Indicators
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RetirementNew HomeChildren’s College
Level Two > Technical Indicators > Introduction
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Limited Capital
Level Two > Technical Indicators > Introduction
Largest financial market
• Up• Down• Sideways
24 hours!
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Level Two > Technical Indicators > Getting Started
Successful traders aren’t made overnight
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Level Two > Technical Indicators > Getting Started
You need to progress through your Forex education
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Level Two > Technical Indicators > Getting Started
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Level Two > Technical Indicators > Getting Started
Next step is using Technical Indicators
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Level Two > Technical Indicators > “Turning signals” for your trades
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Level Two > Technical Indicators > “Turning signals” for your trades
Why?Pros watch Technical Indicators
Self-fulfilling prophecies
Identify trend continuations / reversals
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Trends will often signal a turn
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Level Two > Technical Indicators > Trend continuations / reversals
Should I stay in the trend(s) I'm in?
[Will the trend continue?]
Should I enter a new trade(s) with the trend?
[Will the trend continue?]
Should I exit my current trade(s) and enter a new trade(s) in the opposite
direction?[Will the trend reverse?]
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Level Two > Technical Indicators > Improving Trading Profit
… Don’t leave money on the table[Avoid exiting trades too early]
... if you miss the initial entry signal, look for consequent
signals[Enter new trades in continuing
trades]... don't hold onto winning or losing trades once they have
moved against you?[Exiting trades that move against you]
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Level Two > Technical Indicators > Conclusion
Fundamental information is power
You can make money trading Forex with the right information
You have a few minutes per day you can spend monitoring Forex fundamentals
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Technical Indicators
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www.saxoeducation.com