Profit Strategies – Jumpstart to Trading – Jay Harris – PCH07 – 20090908 + Workbooks

01 – 20090908 – ProfitSource – Page Set Up – Favorites – Template – Save – Elliott Wave – Scans.avi

02 – 20090915 – Platinum – Using Risk Graphs – Maximum Contract Formula – Save Folders – Profit & Loss.avi

03 – 20090922 – ProfitSource – How to Set Up Volume Spikes – Annotate – Tracking – Options.avi

04 – 20091008 – Sneak Peak at Candlesticks – Putting it All Together – Open Forum (Special Guest).avi

Elliott Wave Entry Rules .pdf

EW Tracking Sheet Sample.xls

Option Trading Worksheet Sample.xls

Option Trading Worksheet_ProfitStrategies.xls

Option_Selection_Rule_Sheet_am.pdf

ProfitSource Scan Build – Wave 4 Buy MA 50-200 Bounce Scan .pdf

ProfitSource Scan Build – Wave 4 Sell MA 50-200 Bounce Scan.pdf

Scan Build MA4 Buy Instructions.pdf

Scan Build MA4 Sell Instructions.pdf

Volume Spike Tracking Sheet Sample.xls

Volume Spike Trades – Jumpstart.xls

Technical Analysis Day trading

How to understand about technical analysis: Learn about technical analysis

In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.
Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which,
being an aspect of active management, stands in contradiction to much of modern portfolio theory.
The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis, which states that stock market prices are essentially unpredictable.

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.