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Overview
Learn to use Support & Resistance in combination with proper Trend Line drawing to mark on the high probability Entry/Exit. You learn how to "Stay In" a trade as we explore continuation patterns and the use of Moving Averages.
Description
Learn the Charting Secrets the Pro Forex Traders Use - Part 2
Technical Analysis offers many insights into how the market works. You will benefit greatly from a good foundation in each type of insight and, perhaps, a specialty in one or two. This course is designed to teach you classic Technical Analysis and form a rock solid decision support program, the foundation for everyone when it comes to trading.
In Part 2, You will learn to use Support & Resistance in combination with proper Trend Line drawing to mark on the high probability Entry/Exit. You learn how to "Stay In" a trade as we explore continuation patterns and the use of Moving Averages. Reversal Patterns show a shift in global sentiment and thus help us "see" when things are changing in the Currency World - to conclude our transactions - or anticipate a new opportunity. All of this is done in a clear, simple and concise manner to improve your Forex entries and exits. Mike Mc Mahon will take you through the steps to creating high probability FX trades, using Charts, Trend lines, Support & Resistance and combining them so you have a clear picture of price, time, volume and the market expectations.
This course assumes you have a basic understanding of Technical Analysis and is specifically aimed at showing you "How To" rather than explanations and definitions. There are four internal "hands-on" demonstration movies. The fourth is an exercise in the "Hard Right Edge" Decisions you need to make. Whether you are an intraday Trader or a Swing Trader, this course is designed to show you proper use of Technical Analysis without the hype.
When you are done with this course, you will know how to:
Read charts the way professional Forex traders do
Determine support and resistance and how it will affect your Currency Pairs
Use trend lines to predict better trade exit points in combination with S&R Learn the Classic Continuation and Reversal Patterns
Understand Expansion/Contraction theory of both Simple and Exponential Moving Averages
Increase the probability of creating profitable, pip producing trades, each and every time you hit the order button.
Recommended Products
Forex Technical Analysis
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; "Forex Technical Analysis 2")
