This video illustrates what all you get in Technical Analysis part of my paid Forex Trading Education program.
My partner James already posted educational content about candles and chart patterns on our Facebook and Instagram pages. Moreover, there are already a lot of online education portals where you can learn about candles, chart patterns and indicators. Then a question arises: what is peculiar in my education program.
Candles patterns or any technical analyses fail frequently, so it is imperative to figure out candle patterns of which timeframe of which forex pair work more accurately. The answer to this question can be found out only from experience. During my 7 years journey of online trading, I have been using candle patterns of many timeframes of many pairs and have found out the timeframes and forex pairs on which candles work more accurately. Similarly, I have found on which time-frames of which forex pairs the chart patterns work more accurately. Sometimes, you may find a chart pattern on the one hour timeframe of EUR/USD giving a bearish signal and another chart pattern on a different timeframe of the same pair giving you a bullish signal. Same thing happens in the case of candle patterns too.
Neither bigger timeframes nor smaller time-frames are good in all cases.
So, it is necessary to figure out a way of multi-timeframe analysis and find a conclusion.
In case of indicators, there are variable parameters; we have to figure out what parameters to use because default parameters don't always work well. For example, if you plot Moving Average or Relative Strength Index on Metatrader; they are plotted with 14 periods by default; it doesn't mean that 14 is the best parameter to use.
Let's say, we want to use the Ichimoku indicator to trade Japanese Yen pairs; we will have to find out which time frames they work more accurately on.
First of all, I will demonstrate use of all technical analysis tools separately which will be totally free for all of our website visitors and social media followers.
Then I will demonstrate the aforementioned peculiar things in the live webinar with my paid clients wherein you will learn how to use all technical tools and methods. Which forex pairs to use them on. What timeframe to use for a particular pair for better accuracy of the patterns, indicators etc. Moreover, you will learn how to combine all of them to make your trading strategies. You will have the opportunities to ask questions.
Besides technical, you will learn fundamental analysis that will give you details of every significant news trading method. Also, You will learn how to conclude economic events and use them in trading.
You will also learn what sources to use to figure out most accurate market sentiment.
I will make two more videos to illustrate what peculiar you will learn in my Fundamental Analysis part and Sentiment Analysis part.
You can join the paid education program either by paying $100 or by opening a Standard/Classic MT4 a/c with 1:500 and funding it with $1000 and trading on that account. Go to https://www.25noobsters.com/services#forex-brokers to open the account.
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