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: Forex Trading with market profile - Part1  (Read 1518 times)

Newswire

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on: August 14, 2018, 11:59:26 AM
Forex Trading with market profile - Part1

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

Forex Webinar on 8/02/2016 by Stanislav Bernuhov, EXNESS. In this series of forex webinar video we talk about application of unconventional analytical tool that is known as “Market profile” for trading Forex. Market profile was brought to general public by Peter Steidlmayer in 1980s, first it was used mostly for trading futures on stock indices. The main difference between conventional charts and market profile is that market profile allows trader to visualize realtionship between time and price in much better way that convetntional charts do. Unlike for candlestick chart, market profile can indicate “value areas”,distuinguishing price from value, and do many other things.

Forex traders normally rarely use market profile due to lack of special tools - the majority of trading terminals for Forex traders don’t allow to build market profile. Yet, today we can build market profile in MT4 trading platform using specially designed indicator and apply it in our trading.




Kikhist

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Reply #1 on: August 31, 2018, 01:43:30 PM
Market profile help a lot in forex trading



Cramwinner

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Reply #2 on: September 25, 2018, 03:56:43 AM
 Market Profile indicator is a powerful tool developed by a CBOT trader. Its original purpose was to graphically organize price and time.



Doomdook

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Reply #3 on: November 30, 2018, 01:08:18 PM
Here you'll find forex explained in simple terms. If you're new to forex trading, we'll take you through the basics of forex pricing and placing your first forex trades.



Sikas

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Reply #4 on: January 23, 2019, 06:40:41 PM
This makes senes



Fassee

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Reply #5 on: April 25, 2019, 11:37:38 AM
I love this forex tutorial.



 

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