Courses Infomation

Fibonacci Retracement Training Series 2014 by Timon Weller

Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

Welcome to The Fibonacci Retracement Training Series. A Training series devoted to uncovering the arts of using Fibonacci Retracement tool combined with the understanding of Trends in the overall market. The Training series covers a Simple to follow, Highly Profitable method of using Fibonacci Retracement as a extra confluence in an existing Trend. This then offers a trader a higher probability trend based trade when it lines up with other confluences in the existing market. Come join Timon Weller as he explains the details of how exactly to use this powerful tool in your trading in a step by step process and how you too can harness the power of Fibonacci as well.

Lessons Learned and Covered in this Training Series Include:fibonacci retracement training series

How to Identify the Right Market for using The Fibonacci Retracement Tool.

Learn Why This Tool is Effective in Trading.

Learn How to Use the Fibonacci Retracement Tool.

Learn How to Line Up with Multiple Confluences increasing the Probability of Your Trading with this Tool.

Learn to trade the Fib 5618 Trade

Learn What Sort of Candle Stick Price Action for Entries.

Learn Where to Place Stop Losses.

Learn Where to consider taking partial Profits and when to hold.

Learn To Use on Multiple Time Frames ranging from 1 Hour to Daily Charts.

And much, much more..

Series will include a easy to follow Video Series combined with a PDF question and answer that follows along with the learning.

Training Itinerary: 3 hours of Video Training in 8 Video Parts plus a follow along PDF question and answer sheet.

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.

Salepage : Fibonacci Retracement Training Series 2014 by Timon Weller

About Author

Timon Weller is based in Australia. He is a part-time price action trader and a part-time blogger and writer. He also provides weekly price action chart analysis and various trading tip videos to his YouTube channel, Forex Reviews. Timon’s trading style is mainly based on trading Forex using short-term swing trading strategies.