Courses Infomation
Galen Woods DayTrading with Price Action
Galen Woods DayTrading with Price Action
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Description
You’ll learn how to analyze, protect, and improve.
Analyze Price Action
- Identify price swings and draw trend lines objectively
- Track price momentum with swing pivot analysis
- Analyze the market bias with trend lines and price flow
- Define congestion zones precisely and take advantage of them
- Enter the market at short-term turning points
- Select high probability setups
Limit Your Risk
- Limit your losses with logical stop-loss methods
- Secure profits with reliable price targets
- Aim for positive expectancy in your trades
- Determine your safe position trade size
- Manage the business risks of trading for a living
- Maintain trading discipline with a practical action plan
Improve Your Trading
- Hone your discretionary trading skills systematically
- Keep useful trading records to improve your trading edge
The Amazing Resources You’ll Get
4 PDF Course Books
Cover everything from price trends to price action patterns.
Detailed Trading Examples
Understand each chart with logical tools with step-by-step explanations.
Excel Trading Toolkit
Step-by-step guidelines and practical Excel templates to help you implement the price action trading framework.
Price Action Indicator Suite
Learn efficiently with our price action indicator suite. (Available for TradingView, NinjaTrader, and MT4.)
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 : Galen Woods DayTrading with Price Action
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