How to Trade the Highest Probability Opportunities – Price Gaps by Jeffrey Kennedy
How to Trade the Highest Probability Opportunities – Price Gaps by Jeffrey Kennedy
Course Detail
Salepage: How to Trade the Highest Probability Opportunities – Price Gaps by Jeffrey Kennedy
Gain new insights into trading price gaps
Senior Analyst Jeffrey Kennedy reveals his time-tested trading insights into catching and trading price gaps. With never-before-discussed strategies, Jeffrey teaches you a skill set that you won’t find in any book, anywhere. Watch as he discusses this vital and applicable lesson using real-time examples.
Using real-time examples, Jeffrey shows you just how “timely” price gaps can be. And he reveals how price gaps can help answer the questions: Will a trend continue, and for how long? As Jeffrey puts it:
“Gaps happen all the time. The problem is knowing which gaps to ignore and which demand focus. My work, developed over the past ten years, has identified several powerful techniques to help you discover the hidden gems and skip over the unhelpful rough.”
Here’s what you’ll learn:
- How to identify the four types of price gaps
- Utilize each of the four to anticipate critical market moves
- Which gaps you should actually ignore
- How to apply a never-before-seen technique combining Fibonacci with price gaps to project how far prices will move, and for how long
- Use the natural price “magnets” that gaps create to help you formulate a defined trading strategy
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
More From : Forex & Trading
Reviews
There are no reviews yet.