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Welcome to www.exacttrading.com and my webinar presentation about Big Candle Trading. As a Forex trader I have seen a lot of methods and fads come and go or presented as ideas which work, whereas in practice they don’t. That’s one of the reasons I would like to present to you a simple method which pulls in the pips. Please enjoy it.
Creating a positive edge trading system is a lot easier than most people imagine. A lot of people if they have not correctly educated themselves fall under the ‘complexity’ spell, thinking that only the geniuses on Wall Street can create methods which work. The realty of Wall Street is that not all of them make money, far from it, there is still a preponderance of people there who trade by the seat of the pants which ultimately ends in disaster.
What this webinar is about is simple, automated scientific trading which works. Sounds fancy? it isn’t. Please take a look at my short presentation, and my method which uses at its base momentum trading.
I have spent many many years trading and looking at the FX markets, from a position inside some of the world’s banks and also from my own private trading account. What I can tell you and give you for nothing is that momentum, be it a trend in fashion, cars, holiday destinations takes place and will always exist. Now, and this is the thing that is interesting for us, whatever it is inside us that persuades us that we want to be like someone else and follow them and follow what they are doing, thereby creating a trend, spills over into Financial markets. This is why I look at momentum trading. When people start buying the dollar, this drags in other people who also want to buy the dollar, until, ultimately the dogs on the street want to buy the dollar and the trend is already long gets even longer and steeper. This is momentum trading and this is the edge that other human beings via their actions give us for free. That’s it, that’s all there is to it. No fancy algo, no fancy indicators.
Please come over to my site at exacttrading.com if you would like to learn about this and other Forex trading systems. Additionally, please think about becoming a trusted subscriber by taking a look at my Price Action Course ‘Forex Uncensored’. In this course you will learn everything you need to know in order to become a Price Action Forex trader.
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Forex Momentum Trading Holiday, Webinar Big Candle Forex Momentum Trading.
Momentum in financing is based on the adhering to vital aspects:
Volume is the amount of a certain asset that is traded within a given time frame. Volume is not the variety of purchases, but the variety of assets traded– so, if five buyers acquisition one asset each, it looks the same as if one purchaser purchases five of the asset.
Volume is essential to Momentum investors, as they need to be able to get in and also leave settings quickly, which depends on there being a steady stream of buyers and also vendors on the market. If a market has a high variety of buyers and also vendors, it is called a fluid market as it is less complicated to exchange a property for cash money. Whereas if a market has a reduced variety of buyers and also vendors, it is regarded as illiquid.
Volatility is Forex Momentum investors’ bread and butter. Volatility is the degree of modification in a property’s rate– if a market is very volatile, it means that there are big rate swings, while a market with reduced volatility is somewhat secure.
Momentum investors will seek out volatile markets, in order to capitalize on short-term rises and falls in a property’s value. As Momentum trading attempts to capitalise on volatility, it is very important to have an ideal threat management method in position to shield your professions from damaging market motions. This must include stops and also limits.
Momentum trading approaches are usually concentrated on short-term market motions, but the duration of a profession can depend upon how long the fad preserves its stamina. This could make appropriates for investors who employ longer-term designs such as placement trading, as well as those who prefer short-term designs, such as day trading and also scalping.
Exactly how to start Momentum trading
Determine the asset you want
Devise Forex Momentum trading method based on technical indicators and also evaluation
Practise trading in a safe atmosphere making use of an IG demonstration account
Start trading on real-time markets by opening up an account with IG
Conversely, you can find out more concerning trading approaches and also indicators with IG Academy’s series of on-line courses.
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