Video Forex Training Lesson 1
The idea came up that I could share many of the video training sites that I know of with my readers. Forex video training has become much more popular in recent years. There’s no wonder why—learning by video is fundamentally easier than it is to learn by reading along. I wanted to share with you some of the best sites that I have found that will help you in your trading career. Several of the sites that we are going to be looking at are good training sites, but there is a slight conflict of interest because they are also independent brokers who would all enjoy you signing up for a live account with them. I don’t say this to scare you off, but only so that you will be aware and not think that I am trying to recommend to you one broker or another.
Forex Trading Video Tutorials Forex Training AvaTrade Forex fund valuutanvaihto nordea hinnat equally online, FM part AM student radio stations. By providing such financial help the intention is forex promote and assist college radio stations in their continued operations. If the exchange rate of a currency pair moved from 1.45000 to 1.45100, we would say that the price moved up 10 pips. You make money when the pips move your way in a trade.
Forex.com Let’s start by taking a look at our first video website. These sites really are in no particular order. Although, I did save three extra sites for the end which do not have video training, but are very useful resources for you to benefit from. I wanted you to have these extra three sites because I thought they would be valuable to you. The first site, Forex.com, is represented by a broker.
I am not endorsing this broker although they do seem good and legitimate. Personally, I would not recommend to you any broker that I have not use personally. Since I do not have all the time in the world, I have not tested this broker personally. They look good, and seem to have a good reputation, but since I have not used them as a broker personally I cannot give a final seal of approval for them as a broker. Pictures on the desktop forex free. But this really doesn’t matter. The point of this article is not about broker selection.
Forex Training Videos
I just wanted to make you aware that some of these video training sites are from Forex brokers. Forex.com here has some great introductory videos that will teach you basics of the currency markets and how to trade them. It will also give you insight into how to use some currency trading platforms. The videos here are rather basic and rather short. They are more educational as overviews than they are as detailed and comprehensive reports or training manuals. As long as you are looking for basic, general information about many of the fundamental topics in Forex trading then this is a good site for you.
It is a good starting point and I promise that you will learn something here. CompassFX.com This next site, CompassFX.com, offers a gargantuan video training library. The lead trader and trainer, Dean Malone, has poured years of his life into creating this massive library. Much of it is market commentary, but this is very important to study as well. By looking back at market commentaries in the past you can study how accurate they were and what the trader was thinking to help them arrive at the conclusions that they have presented. There are products and training courses available for sale on this site, as there are with many other sites. Again, I am not recommending the products or training to you specifically, I am just recommending the training fault in video library.
Best free forex advisors 2015. There are hundreds of hours of video training available on the site and I wanted you to have access to it. Imagine if you were to watch every single video on this site Would you be a better trader at the end of it? I’m guessing the answer is yes. You are going to get ideas on how to improve your own trading by listening to the advice and opinions of others. This does not mean that you must adopt the advice and opinions of others, but just hearing more information and training about the Forex market will help stimulate your own ideas on. Strong Focus On Fibonacci Trading Throughout these videos you will notice that the trader uses levels and as one of his primary styles of trading. This is not a method of trading that I personally use, but there are tons of traders that swear by it.
Youtube Forex Training
Tons of traders love Fibonacci retracements and levels to help them understand where the market has come from and where it may be going. There is a lot of truth and accuracy with Fibonacci levels. But you should know that there is no way to predict the future correctly all the time. Fibonacci levels are merely a guess at where the price could go. But oftentimes prices will not hit targets or may bounce between multiple levels which requires advanced trading skill and experience to be able to read and react to. Chart Patterns, Trend Lines & Range Breakouts In this video library there is also a good amount of discussion on different types of chart patterns like a wedges, pennants, flags and triangles. There is also discussion of trendlines, channels and other fundamentals of market trading.