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Forex or The foreign exchange market is very very large financial market in the world, with a daily turnover of over $5 trillion. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. Forex trading refer to the art of buying or selling currency for profit.

Author Topic: Top-down analysis in Forex trading. Part 2  (Read 1393 times)

Newswire

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on: August 14, 2018, 11:56:02 AM
Top-down analysis in Forex trading. Part 2

For watching this video you should have at least one trading account. If you are not. Get a trading account for free here!

In the second forex webinar video dedicated to Top-down analysis, we will talk about different timeframes and different perspectives. In the “heat of the game”, traders are often unaware of what is happening on higher timeframes. They feel very surprised, when market starts to move “without any reason”. But the reason can lie in the landscape of higher timeframe.

Probably, the only trader, that can be careless about this landscape, is pure scalper. Other traders have to keep an eye on important reference points, The truth is that there are very few successful scalpers. So, preparation and homework are essential for every serious trader, who is going to take profit consistently.




Hoafa

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Reply #1 on: August 17, 2018, 10:12:39 AM
Thanks



Tusman

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Reply #2 on: August 18, 2018, 10:35:05 AM
That's great



Ecativos

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Reply #3 on: December 04, 2019, 02:10:42 AM
thanks



trevy

  • Guest
Reply #4 on: March 20, 2020, 02:13:40 PM
I agree that we can trade forex with large profit.



 

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