Issuu on Google+

Technical Indicators


Level Two > Technical Indicators > Introduction

Retirement New Home Children’s College


Level Two > Technical Indicators > Introduction

Largest financial market

• Up • Down • Sideways 24 hours!

Limited Capital


Level Two > Technical Indicators > Getting Started

Successful traders aren’t made overnight


Level Two > Technical Indicators > Getting Started

You need to progress through your Forex education


Level Two > Technical Indicators > Getting Started


Level Two > Technical Indicators > Getting Started

Next step is using Technical Indicators


Level Two > Technical Indicators > “Turning signals� for your trades


Level Two > Technical Indicators > “Turning signals� for your trades

Pros watch Technical Indicators

Why?

Identify trend continuations / reversals

Self-fulfilling prophecies


Trends will often signal a turn


Level Two > Technical Indicators > Trend continuations / reversals

Should I stay in the trend(s) I'm in? [Will the trend continue?]

Should I enter a new trade(s) with the trend? [Will the trend continue?]

Should I exit my current trade(s) and enter a new trade(s) in the opposite direction? [Will the trend reverse?]


Level Two > Technical Indicators > Improving Trading Profit

‌ Don’t leave money on the table [Avoid exiting trades too early]

... if you miss the initial entry signal, look for consequent signals [Enter new trades in continuing trades]

... don't hold onto winning or losing trades once they have moved against you? [Exiting trades that move against you]


Level Two > Technical Indicators > Conclusion

You have a few minutes per day you can spend monitoring Forex fundamentals

Fundamental information is power

You can make money trading Forex with the right information


Technical Indicators

www.saxoeducation.com


www.saxoeducation.com


FX - Level2+3 - Technical Indicators