Courses Infomation
Timing is Everything by Robert M.Barnes
Timing is Everything by Robert M.Barnes
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.
Robert talks about the Directional Relative Volatility Index, the Volume-Price approach, and the Time-Price method in this session. These three timing techniques provide traders the chance to align their entrance approach with their risk tolerance.
The Directional Relative Volatility Index (DRV), a straightforward but extremely effective indicator, measures return (the net change in price over a certain period) divided by risk (average price change magnitude). It is excellent for spotting chances for short-term trading, especially in stormy markets. The DRV calculates the amount of pricing energy that is transferred into a single direction, whether that direction is up, down, or sideways (signifying inaction). The DRV enables traders to keep losses low, or at least low in relation to gains, while maximizing earnings. It is flexible and changes to zero in turbulent markets, +1 in strong uptrends, and -1 in severely declining markets. The DRV, however, may have issues in choppy markets with little volatility or in situations with high volatility that have sharp price swings in one direction. The Volume-Price technique improves traditional volume analysis to better fit the real-time, fast-paced world of today. A turning point has been reached or the trend will continue? This unique approach examines each countertrend move as it occurs. Robert explains how volume affects price and the need for traders to confirm that there is a high volume in the present in order to predict a high level of price movement in the future.
A sizable and expanding volume is a reflection of a concentrated and persistent effort on the part of buyers or sellers to acquire or dispose contracts. Knowing when volume is large and increasing is the challenge. Robert demonstrates how to leverage the volume-price connection to arrive at this conclusion.
Every countertrend price move is followed by the majority of breakout trading strategies until it is either confirmed by a second signal or the primary trend resumes. Moving average methods reduce some of the noise resulting from price changes, making it simpler to identify trends.
The Time-Price technique combines the finest features of these two strategies into a framework that separates noteworthy breakouts from meaningless ones at the start of the countertrend movement. This is done by identifying and removing unique price patterns that do not just depend on how strongly a price movement occurs. Robert gives you a method to include the power of sophisticated mathematics into your trading strategy without having to go back to school by codifying these mathematical links into instantly identifiable patterns.
Salepage : Timing is Everything by Robert M.Barnes
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