BTC Market Profile (Lifetime Updates)

BTC Market Profile (Lifetime Updates)

Course Detail

Salepage: BTC Market Profile (Lifetime Updates)

The trading market profile for bitcoin
Hurray, you’ve landed! Right here, you have access to all the knowledge you require. Even though we suggest completing the course’s prescribed steps in order, if you’re feeling daring, go ahead and go off course. If it seems like things are moving too rapidly at first, don’t panic; you’ll get there. Some of the topics you hear at the beginning of the course won’t be studied in depth until you have a solid foundation from the earlier portions since the knowledge in this course is cumulative.
It is beneficial to keep notes on both what you understand and what you don’t in order to be able to refer back to them when you need a refresher on the foundations or are prepared to build the next layer of the system.

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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