The Wyckoff Methodology in Depth How to Trade Financial Markets Logically Audiobook
The Wyckoff Methodology in Depth How to Trade Financial Markets Logically Audiobook
Course Detail
Salepage: The Wyckoff Methodology in Depth How to Trade Financial Markets Logically Audiobook
Product Description
Discover how Technical Analysis can help you anticipate market moves and become a profitable trader NOW!
Are you tired of losing money in the stock market? Have you tried countless trading methods and none of them work?
Get rid of everything that didn’t work for you and learn a professional approach: THE WYCKOFF METHOD.
Ruben Villahermosa, Amazon bestseller and independent trader, has refined and improved some of the most powerful concepts of stock market trading and makes them available to you in this book so that you too can benefit.
In this Audiobook you will learn…
âś…How financial markets works.
âś…Advanced concepts about price and volume.
âś…The 3 fundamental laws.
âś…How the accumulation and distribution processes develop.
âś…The 7 fundamental market events.
âś…The 5 phases of price structures.
âś…The 3 high probability trading zones.
âś…How to manage the position.
âś…And much more…!
Imagine that you open a chart and immediately you know if you should buy or sell. Imagine you know at all times who is in control of the market. Imagine you confidently run scenarios to anticipate price moves.
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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