88. Forex Trading – Understanding Currency Rate Movements

clk.atdmt.com A lesson on comprehension what boosts and decreases in the fee of a currency pair indicate for the values of the currencies which make up that pair.
Video Rating: 4 / 5

The markets are still on fire and the USD is gaining ground. When you are in a fast trend, its finest to use leading indicators, these kinds of as Fibonacci Reports, as your guide. In this scenario, 61.eight% retracements predicted 138.2% extensions on the Asian and European opens. Each ended up right! Reside Forex Instruction | Everyday! WWW.FXBOOTCAMP.COM

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13 Responses to “88. Forex Trading – Understanding Currency Rate Movements”

  1. naturalisgreat says:

    i have been following your videos for a week now and i have 4 pages or notes, now im pretty sure ive got this due to the way the money is moving on my practice account, but i just want to make sure, in laymans terms, when in looking at a
    EUR/USD chart Buy when its low, and sell when its high or more so, does that apply to all charts? (buy when chart is low, and sell when high) i know theres more thought to it, i just want to make it simple for my notes

  2. MultiFxtrader says:

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  3. FreeFOREXautoROBOT says:

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  5. pikiwiki says:

    thanks. slowly starting to understand

  6. Giovannimoney says:

    nice work.but I think the current demo versions are a little different in appearance.I couldn’t follow on the USD/JPY part of the lesson but the other’s ok.

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  9. TheDjbang says:

    I find following your own analysis on candlesticks in the FX platform is a lot more reliable than any index. Reading index reports does provide an overall direction of a pair but studying candlestick momentum during intraday trading is far more reliable than daily reports. Forex traders can make healthy profits on 25pips (.25%) in either direction.
    Therefore, candlestick analysis during your day allows you to capture a substantial profit irrespective of the pairs’ overall trend.

  10. cherylish1 says:

    Hi Dave,
    I am learning a lot from your videos. So if the Dow is up on Wall street,, will this make the US dollar weaker ? or cause the EUR/USD go higher? what index can I read to determine the strengths/weakness of a particular currency?

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  13. onokira says:

    simple rule, but very effective, thanks again!!

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