#forex #trading #video
#quoteoftheday #forex "Big shots are only little shots who keep shooting." By Christopher Morley.
#forex #trading #elliottwavetheory Types of Breakouts When trading breakouts in forex, it is important to realize that there are two main types: 1.Continuation breakouts 2.Reversal breakouts Knowing what type of breakout you are seeing will help you make sense of what is actually happening
#quoteoftheday #forex "Do not wait to strike till the iron is hot; but make it hot by striking." By William Butler Yeats.
#quoteoftheday #forex "Without hard work, nothing grows but weeds." By Gordon B. Hinckley.
#forex #trading #elliottwavetheory How to Measure Volatility 3. Average True Range (ATR) Last on the list is the ATR. The ATR is an excellent tool for measuring volatility because it tells us the average trading range of the market for X amount of time,
#quoteoftheday #forex "Do something wonderful, people may imitate it." By Albert Schweitzer.
#forex #trading #video
#quoteoftheday #forex "Without hard work, nothing grows but weeds." By Gordon B. Hinckley.
#forex #trading #elliottwavetheory How to Measure Volatility 2. Bollinger Bands Bollinger bands are excellent tools for measuring volatility because that is exactly what it was designed to do. Bollinger bands are basically 2 lines that are plotted 2 standard deviations above and below a
#quoteoftheday #forex "Change your life today. Don’t gamble on the future, act now, without delay." By J. Simone de Beauvoir.
#forex #trading #elliottwavetheory 1. Moving Average Moving averages are probably the most common indicator used by forex traders and although it is a simple tool, it provides invaluable data. Simply put, moving averages measures the average movement of the market for an X amount
#quoteoftheday #forex "If you can dream it, you can do it." By Walt Disney.
#forex #trading #elliottwavetheory How to Measure Volatility Volatility is something that we can use when looking for good breakout trade opportunities. Volatility measures the overall price fluctuations over a certain time and this information can be used to detect potential breakouts. There are a
#quoteoftheday #forex "The key is to keep company only with people who uplift you, whose presence calls forth your best." By Epictetus.
#forex #trading #video
#quoteoftheday #forex "You are never too old to set another goal or to dream a new dream." By C. S. Lewis.
#forex #trading #elliottwavetheory Volatility, Not Volume You’ll notice that unlike trading stocks or futures, there is no way for you to see the volume of trades made in the forex market. With stock or future trades, volume is essential for making good breakout trades
#quoteoftheday #forex "Do you want to know who you are? Don’t ask. Act! Action will delineate and define you." By Thomas Jefferson.
#forex #trading #elliottwavetheory How to Trade Breakouts What are breakouts and how can I take advantage of them? Unlike the breakouts you might have had as a teenager, a breakout in the trading world is a little different! A breakout occurs when the price
#quoteoftheday #forex "When god blesses you financially, don’t raise your standard of living. Raise your standard of giving." By Mark Batterson.
#quoteoftheday #forex "Pursue one great decisive aim with force and determination." By Carl Von Clausewitz.
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#forex #trading #elliottwavetheory Conclusion You don’t have to be shot down by the “Smooth Retracement”. You don’t have to lose all those pips. And you most certainly don’t need to wear pink arm floaties (although if pink’s your favorite color, it’s okay – we
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#quoteoftheday #forex "There are no secrets to success. It is the result of preparation, hard work and learning from failure." By Collin Powell.
#forex #trading #video
#quoteoftheday #forex "Ships in harbour are safe, but that’s not what ships are built for." By John Shedd.
#forex #trading #elliottwavetheory Protect Yo Self From Reversals Whenever Happy Pip goes swimming at the beach or the pool, she always wears her hot pink rubber ducky floaters. Whenever she trades retracements, she uses stop loss points. Pink rubber ducky floaters are life savers.
#quoteoftheday #forex "In order to succeed, we must first believe that we can." By Nikos Kazanizakis.
#quoteoftheday #forex "No matter what people tell you, words and ideas can change the world." By Robin Williams.
#forex #trading #elliottwavetheory Identifying Retracements Part 3 The last method is to use trend lines. When a major trend line is broken, a reversal may be in effect. By using this technical tool in conjunction with candlestick chart patterns discussed earlier, a forex trader
#quoteoftheday #forex "Good things come to those who believe, better things come to those who are patient and the best things come to those who don’t give up." By Unknown Author.
#forex #trading #elliottwavetheory Identifying Retracements Part 2 In an uptrend, traders will look at the lower support points (S1, S2, S3) and wait for it to break. In a downtrend, forex traders will look at the higher resistance points (R1, R2, R3) and wait
#quoteoftheday #forex "I believe that every single day people are offered the chance to make the best possible decision about everything they do." By Paulo Coelho.
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