Pip or A point in price, is the standardized measure of change in a currency pair in forex market. It is the smallest unit of measurement by which a currency quote can change. It is the increment that will be referred when the price chance.

Author Topic: Top-down analysis in Forex trading. Part 2  (Read 805 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



 

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