TradeGuider Professional Chart Reading Boot Camp

Course Detail

Salepage: TradeGuider Professional Chart Reading Boot Camp

The effective chart reading and trading strategies covered throughout these bootcamp sessions will be an invaluable resource for your continued growth and success. They use actual chart examples and analysis to bring the Book’s concepts and methods to life.
The Video Training Set covers more than 9 hours of effective strategies to advance your trading. The areas covered are as follows:
Market Strength: Take Positions in Longs or Close Shorts
Recognize the essential path that drives a market to rise and all actual market bottoms.
Learn how to recognize actual strength during an accumulation phase.
Find the patterns that indicate the end of supply and allow the market to climb right away.
Establish short positions or liquidate long positions due to market weakness.
Recognize the series of events that lead to the “top-out” and decline of all markets.
Learn to decipher the market’s secret messages, which will affirm the top position across all markets.
Choose the ideal location for establishing a short position.
– We’ll additionally impart to you the value of comprehension:
Why “Herd Mentality” is necessary for accurate market tops and bottoms, and what it is
How to prevent becoming one of the “Weak Holders” and who they are
Why does weakness always show up on up-bars and strength always show up on down-bars?
How experts attempt to deceive you into purchasing in a weak market and selling in a strong market
How to spot a shakeout in the market you’re trading and capitalize on it
How to spot the beginning of a market’s transition from a bull to a bear market (and vice versa)
How the price spread changes when experts are bullish
What to look out for when experts are pessimistic
Why a market’s trend shifts and how you should position yourself to be in the lead
How experts “test” the market to determine when it is ready for a bull run
How to determine whether a market is close or at its peak
what experienced traders will attempt to do once you have placed a deal. Stop allowing this to happen to you!
How to find the most effective indicators of market turning points (s)
How to respond when a market achieves a previous high
How to identify a bottom reversal and seize the opportunity before others
What “stopping volume” is, and how to use it to your advantage

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.