William McLaren – Time Factor DVD Course

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William McLaren – Time Factor DVD Course

Bill Mclaren – Time Factor DVD

Part Two of Bill’s Trading training, the “Time Factor” DVD is now available. The “Time Factor” is a six hour presentation that is currently available on DVD format only. This presentation is designed to simplify and clarify Mr. Gann’s timing methodology. It offers a practical understanding of the “concepts” of time and how to practically apply these concepts to all markets: indexes, commodities, currencies and stocks. Examples for all of these markets are presented on the DVD.

The material covered includes an explanation of the 144, 90 and 52 overlays, true trend lines and other techniques. It also comes with a check list to be used before positioning. Bill considers Part One: Foundations to Successful Trading as a prerequisite for the “Time Factor”. A strong foundation is critical for being able to powerfully utilize the “Time Factor” knowledge.

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 : William McLaren – Time Factor DVD Course