Tuesday, May 25, 2010

MY FOREX MODULES

I have divided my teaching resources into 6 main modules.
Module 1: Trading Hours - Where I emphasize the fact that we don't have to actually pour at the computer screen 24 hours a day to trade. I will be looking at the 3 world market sessions and how to plan to enter the market appropriately and efficiently.
Module 2: Trend and Trend Lines - This is what I consider the most crucial part in Forex Trading. "Trend is a friend till it bends". Correctly drawn trends potentially brings big profits in Forex Trading.
Module 3: Japanese Candlesticks - A combination of trend and candlesticks make trade entries more accurate. I will only be looking at some few specific candles which significantly show what the traders actually do. The bigger group will definitely push the price in their direction and we want to belong to this group.
Module 4: The Chart Patterns - I will only be looking at how to spot the patterns and the patterns breakout and to enter the market with the combination of trend and candlesticks.
Module 5: Money Management and How to Manage Risks - I will talk about my concept of money management, its relationship with risk, the number pips and also the level of confidence of traders.
Module 6: A Table of Success Forex Trading - This is the blue print of a tabulated plan of what every traders should do in order to achieve their desired outcomes.
Module 7: BERSURAI

2 comments:

  1. A mixture of pattern and candle supports make trade records more precise. I will only be seeking at some few particular candles which considerably show what the investors basically do.

    Trading signals

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