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Futexlive – Market Profile Training
Futexlive – Market Profile Training
Archive : Futexlive – Market Profile Training
Volume and Market Profile
Technical Analysis of Choice for Experts
For many years, FutexLive has been on the cutting edge of market and volume profiling. They have been imparting its benefits and assisting their learners in developing successful careers utilizing this technology for more than ten years. You will comprehend how experts utilize this tool once you have completed the Market Profile course.
You may now learn how to utilize this tool in your trading strategies via a series of videos taken from one of our In-House courses. Follow the instructions to learn the fundamentals of Profile to Open and Day kinds and how to interpret them as the day goes on.
A step-by-step tutorial on how to configure your charts for the ideal interpretation of a Market Profile suited to Sierra Charts is also provided.
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 : Futexlive – Market Profile Training
About Author
ForexLive
ForexLive is geared for foreign exchange traders, investors and enthusiasts or anyone interested in international financial markets. We bring speed, clarity and a dose of fun to our market analysis. ForexLive is sponsored exclusively by FXDD. …
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