MASTER FOREX STEP BY STEP AND BE A TRADER
HEY EVRYONE THIS IS A NEW STEP OF MASTER FOREX VERY WELL , AS WE
SEE IN STEP BEFORE I WAS TALK ABOUT NEWS AND HOW CAN INFLUENCE ON MOVEMENT OF CURRENCIES , SO PLEASE
REMEMBER DO NOT TRADING ON NEWS CESSION THIS MORE DEANGEURS FOR YOUR CAPITAL AND I DONT WANT YOU TO LOSE IT
i want to talk about something , news is 3 type , there is a weak NEWS , and MEDIUM , and STRONG
the last one is more powerful and can influence on your pair that you are trading BUT IF YOU WANT TO PRETEND THIS i have solution for you
as I mentioned earlier there is a site web , can give you all news everyday , even you can know all news for week and next week
first step go investing.com
and how looks like :
AFTER THAT YOU TO CLICK ON NEWS ON THE LEFT :
THEN CLICK ON ECONOMIC CALENDAR
FOCUS WITH ME YOU WILL PRETEND ALL PAIRS THAT HAVE NEWS THIS FOR EXEMPLE :
FIRST PAGE
AH WE ARE LUCKY , IT JUST BECAUSE THE FIRST DAY OF THE WEEK
LET S SEE TUESDAY , NEXT DAY
TAKE A LOOK HERE GBP ( BRITAIN PAIR ) IS NOT GOOD FOR TRADING THIS DAY
SO WE WILL FORGET ABOUT ,
MEAN EVERY PAIRS HAVE GBP WE WILL FOREGT LIKE
EUR/GBP
USD/GBP
JYP / GBP
NZD / GBP
ETC ...
The idea is clear , do not trading with pair that have strong news , and all pairs that have GBP.
THE SECOND HALF DAY LOOK QUIET AND YOU CAN TRADE WILL ALL PAIRS BUT CAREFUL , YOU HAVE TO SEE THE ON THE NEXT DAY FOR MORE SAFE ,
YOU WILL ASK ME IF YOU CAN TRADE WITH GBP IN THE SECOND HALF DAY , IF YOU WANT MY ADVICE FORGET GBP ALL DAY , UNTIL HE BECOME NORMAL AGAIN NEXT DAY ? IF HE DONT HAVE ANOTHER NEWS .
I HOPE YOU ACCEPET THE IDEA , IF YOU HAVE ANY QESTIONS JUST WRITE IT BELOW
SO AFTER THIS STEP WE WILL MOVE TO NEXT STEP , PRACTICE ,
TRUST ME YOU WILL NOT FIND THIS KIND OF EXPLAIN IN ANY BLOG OR SITE , I SHARE WITH YOU MY OWN WAY OF TRADING THAT I HAVE LEARN , DO NOT ASK WHY I DO THAT , I JUST LIKE THAT . I FEEL ABOUT YOU , I WAS FIRST TIME LIKE YOU , AND NOBODY HELP ME / OKAY NEVERMIND LETS GO TO NEXT STEP
AFTER WE FINISH THIS STEP NOW WE MOVE TO THE NEXT
1. THE FIRST THING YOU HAVE TO DO IS TO SEARCH FOR A BROKER WHAT EVER YOU WANT JUST FOR OPEN A DEMO ACCOUNT FOR PRACTICE WITH US
2. AFTER YOU SIGN UP AND OPEN A DEMO A ACCOUNT , GO TO GOOGLE AND SEARCH FOR METATRADER PLATFORME AND DOWNLOAD IT , IT BETTER TO CHOSE META TRADER 4 VERSION THAN THE LaST ,
3. NOW OPEN METATRADER ,
A. AS YOU SEE ON THE LEFT THERE A LIST OF MOST PAIRS THAT IS AVAILBALE ON THIS PLATFORME
§ IF YOU WANT TO ADD A NEW PAIR FOR EXEMPL CLICK WITH RIGHT BOTTON ON BAR SYMBOL ON LEFT , AS YOU SEE HERE
THEN ADD ANY THING YOU , YOU WILL FIND , GOLD , OIL , INDEX , AND CURRENCIES , ADD WHAT YOU NEED
IF YOU WANT TO OPEN A NEW PAIR ON CHART , CLICK ON RIGHT BOTTON , AND CLICK CHART WINDOW
AND IF YOU DONT LIKE THE LOOK OF YOUR PLATFORME YOU CHANGE IT ON PROPERTIES , BY CLICK ON RIGHT BOTTON AND CHOSE PROPERTIES
NOW JUST CONFIGUR , AS THIS AND CLICK OK
AND IT WILL BECAME LIKE THIS , IT CLEAR THAN BEFORE
§ AS YOU SEE UP , THERE FRAM 1M, 5M, 15M, 30M , 1H , 4H , DAILY , WEEKLY , AND MONTHLY
YOU CHOSE WHAT YOU WANT , FOR EXEMPL IF YOU WANT TO TRADING VERY FAST , MEAN SCALPING , I WILL EXPLAIN IT NEXT TIME , YOU CAN CHOSE 1M OR 5 OR 15 M , BUT BETTER CHOSE 1H ATLEAST OR 4H BECAUSE IT GIVE YOU A CORRECT MOVEMENT OF TREND , OKAY LETS CHOSE FOR EXEMPL 4H ? AND WILL SEE HOW IT LOOK LIKE
NOW PLEASE FOCUS WITH , I WANT TO SHARE WITH YOU , THE IDEA AND YOU HAVE TO ACCEPTE IT VERY WEEL ,
FOR EXEMPL I CHOSE PAIR EUR/USD AND I WANT TO WORK IN ON IT
THE FIRST THING YOU SHOULD DO IS GO TO MONTHLY FRAM
IF YOU FOCUS A LITTLE BIT YOU WILL SEE THAT PAIR EUR/USD IS ON UP TREND
NOW WE KNOW THAT PAIR EUR/USD IS ON UP TREND
LETS MAKE SOME LINES , YOU WILL UNDERSTAND THESE THINGS DONT WORRY
IT VERY SIMPLE IT LOOK LIKE YOU WORK ON PHOTOSHOP OR EDIT PHOTO SO EASY ? JUST FOLLOW ME
NOW IF WE TAKE A LOOK , WE CAN SEE CLEARLY THAT THERE IS A STRONG RESISTANCE BREAK OUT BY THE PRICE AND THEN BECAME A GOOD SUPPORT
AND LOOKS LIKE THERE IS ANOTHER RESISTANCE AS YOU SEE , BLUE LINE , SO WE TAKE THIS CHANCE AND TAKE A DEAL SELL , UNTIL THE PRICE TOUCH YELLOW LINE , THE SECOND SUPPORT
IT LOOK A LITTLE BIT CLEAR ON FRAM WEEKLY
THIS DEAL CAN GIVE AROUND 500 OR 600 PIP , OR MORE , AND IT A GOOD DEAL , I HOPE YOU ENJOY , AND LEARN SOME OF MY STRATEGIE OF TRADING
YOU CAN CHECK OUT SOME OTHERS TOPIC , THANK YOU AND YOU ARE WELCOME ANY TIME.
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