Advanced Technical Analysis: Smart Trades & Steady Profits by Dilpreet Chahal
Advanced Technical Analysis: Smart Trades & Steady Profits by Dilpreet Chahal
Course Detail
Salepage: Advanced Technical Analysis: Smart Trades & Steady Profits by Dilpreet Chahal
What you’ll discover
Technical Analysis: Definition & Operation
Make Your Trading Easy, Effective, & Profitable Every Time
How to Analyze the Markets, Find Trading Opportunities, and Place Your Trades Using Tradingview
The market’s nature, market structure, support and resistance levels, candlestick patterns, price action patterns, and indicators make up the six parts of technical analysis.
The Strength (and Weaknesses) of Technical Analysis
To comprehend current trends, examine market psychology.
What are candlesticks, the many types, and how do I read a candlestick chart?
Fibonacci Retracements and Extensions: Useful Information
Liquidity, Supply and Demand, Order Blocks, and Efficient Market Theory: Advanced Technical Analysis
MAKE THE MOST OF YOUR FOREX, Stocks, Crypto, and Commodity Trading PROFITS BY USING TECHNICAL ANALYSIS AND PURE PRICE ACTION!
The quality of your technical analysis has a significant impact on how profitable your trading is, regardless of your level of expertise.
It essentially means the difference between wasting money on gambling and using market analysis to make confident, accurate, and successful trades.
Obviously, there is no trading strategy or instrument that is 100% certain to bring you profits.
The good news is that it’s not necessary.
Even though approximately 50 to 70 percent of the transactions that I am aware of result in profits, most traders I know are highly successful. This course will provide you with the information, the resources, and the support you need to succeed as a trader.
3.5 GB of data
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.
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