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 Register for Weekly Webinar Overview of Learning to Trade with us How we Operate Why we are Different Trading Room Training Seminars/Workshops We have a Step by Step FREE COURSE that will get you started on the road to Day Trading the Forex Market. You can get started NOW, HERE....... |
Market Price StructureLets' start with a question. Do prices move randomly, do they move for a reason that you don't understand, or are they - at times - predictable in the short term? You should answer that prices in all markets are, at times, predictable far beyond that expected statistically. Your challenge as a trader is firstly to know what, when and how markets become predictable and then to have a method of trading that allows you to be wrong without costing too much, and yet also fully capitalise the times when things do go as you expected. An essential ingredient is undertandng Market Price Structure. Markets are driven by humans - not computers or by some unknown force. It's our fears, greed, and hopes that make prices move. Can you as an individual move prices in any market? Very doubtful especially in a Forex market - that would require a huge trading account. But you are not alone! You (and I ) are part of a "crowd" that together does have the power to move prices. So to understand price movements you must have a resonable understanding of the "effects" of crowd psychology - you really don't need to understand in too much depth the "whys" you just need to be able to spot particular events that result from certain crowd views of what's happening and then understand what the crowds reaction will usually be in this situation (remember we usually do the same thing in the same situation -we are predictable) The main factors that describe Market Price Structure are:-
If you can aquire a working knowledge of these and put them into practice correctly then you have a major part of the jigsaw which is trading, in place. These subjects are covered in the Free Course available to the left. Please go through this and understand how trading is about assembling the correct parts of a jigsaw, in the right way..... |
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These
5 Topics below are the foundation of what we teach and explains how
professionl traders have an edge over you.
REQUIRED
DISCLAIMER
The risk of financial loss in trading currency can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of your financial position. Do not use any money for currency trading which you cannot afford to loose. The high degree of leverage used in currency trading can work against you as well as for you and therefore can result in very large losses as well as gains. FOREX trading may not be suitable for you. If you have any doubts you should contact an Independent Financial Advisor. In particular some activities mentioned may not be regulated under the Financial Services Act 1986 or at all and the protection provided to you under this Act will not apply. Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, we can not and do not guarantee the accuracy, validity, timeliness, or completeness of any information or data made available for any particular purpose. The information in this site is provided "as is" and we do not guarantee the accuracy of the materials provided herein for any particular purpose and expressly disclaim any warranty or fitness for a particular purpose. We will not be responsible for any loss or damage, financial or otherwise, that could result from any information made available to you via this site. No information or opinion contained in this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or service |
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