Learn to make money trading the news like an institutional trader
Learn to make money trading the Nonfarm Payrolls announcement
Learn how to predict the GDP results using correlation
Learn how to predict the CPI results, the Durable Goods results
Get a broad understanding of interest rates, inflation and central banks and how they affect the market
Learn how to use the Retail Sales, PPI, PMI and other fundamental announcements to improve your trading
Understand what is sentiment, risk aversion, risk appetite and how these can impact your trading
Learn the five major us Fundamentals
Get a deep understanding of economic indicators and how professional traders use them to make money
Learn how to make money trading oil
Get a broad understanding of how oil prices affect the Forex Market
Learn the reasons why oil prices have fallen and the factors that affect oil prices
Learn what is OPEC and how you can make money from their meetings
FOREX TRADING Requirements
Be willing to learn fundamental analysis
FOREX TRADING Description *** Join this course and get a chance to win a share of a $2000 in our Demo trading account Competition for students competition check inbox after signing up for info*\* The main reason majority of Forex traders fail is because they do not understand Fundamental Analysis,
To work at a Forex Trading Firm as A Proprietory trader you must master fundamental Analysis
To Work as a Currency Analyst you Must master Fundamental Analysis
To Work as a Currency Researcher you must master Fundamental Analysis
To be a long term successful Forex money manager you must master Fundamental Analysis
Mastering Fundamental analysis is what will make you a professional trader and if you decide to look for employment as a trader knowledge of fundamental analysis is necessary
When you take this course you will learn the secrets to fundamental trading that only professional and proprietory traders know.
You will learn Fundamental analysis in a simple easy to understand manner (you don’t need a degree in economics)
You will learn how to use correlation to predict the outcome of fundamental announcement making money in the process
Learn how to predict the results for the Nonfarm payrolls announcement
Who this course is for:
Take this course if you want to trade Forex for a living
Take this course if you want to master fundamental analysis
Take this course if you want to improve your trading with fundamental analysis you can easily know the long-term direction of the market
Take this course if you want a career in Forex Size: 605MB
Forex trader looking to start trading Crytpo as well (help with brokers and lot sizes?)
Hey there -- I'm no stranger to trading. I trade Forex and Futures. I'm also not a complete newb to cryptocurrency in general, but I am when it comes to actively trading it. To me, it just seems like Forex but with crypto and I'd really like to start building up my crypto holdings by "trading up" my account rather than solely just converting cash into crypto over time. What is confusing me a little bit is lot sizing, leverage, and the right brokers to use. I was eyeing CryptoAltum if anybody has experience with that? Although I'd prefer something I can trade with Tradingview (my preferred charting / execution platform). Aslo -- lot sizing. With Forex it's pretty simple... 1,000 = micro-lot (approx. 10 cents per pip value on majors) 10,000 = mini-lot (approx $1 per pip value on majors) 100,000 = standard lot (approx $10 per pip value on majors). But how is lot sizing determined with Crypto pairs? I'm interested in trading crypto-against-crypto (for example LTC/BTC). Is there an online calculator somewhere where I can easily determine the value per pip (or "tick"?) based on leverage and lot size? Sorry if this has been answered a bazillion times.
Trader Rookie Position Size Forex Calculator, need some feedback on a browser extension
Hey Community! I am super excited to finally have my browser extension live for anyone to download for Google Chrome and Microsoft Edge. I would love to get support and feedback on the extension! ❓Why I built the Trader Rookie Position Size Forex Calculator❓ I am dedicated to day trading and trading the foreign exchange markets. I have recently launched https://traderrookie.com to share content for aspiring daytraders and help people get started in the exciting world of trading. In the long run, I am looking to build supplementing income for my trading career. Personally I have always been frustrated with the RISK management tools available to traders, so I have developed a position size calculator that lets you calculated position sizes for any forex, commodity, or index pair. How it works: You set your entry, stop loss, and up to 3 separate take-profit targets, and the calculator calculates your risk size in lots or units based on account size and risk tolerance. The calculator's user interface synchronizes instantly across browser tabs and lets you calculate position sizes on top of a charting package like TradingView and then execute the trade with your broker in another browser window OR with desktop software like Metatrader or similar. https://preview.redd.it/m001kyth6nf51.png?width=920&format=png&auto=webp&s=f16aa3993e427eeca0a802ae5f47a7e34e3d7b1d The extension can be downloaded here: Chrome web shop:https://chrome.google.com/webstore/detail/trader-rookie-position-si/kcdjnmmjcnbpbjiemhcdiblekmpnbgec?hl=da&authuser=1 Edge Add-ons:https://microsoftedge.microsoft.com/addons/detail/trader-rookie-position-si/addmhmcfpoimgajbbeckdghdpoeobipc The extension features an add banner.Right now it has an add for the Extension, but I would like to promote content from my webpage like articles and other free stuff for traders. I have a long list of additional features I would love to implement in the extension in later versions, but for now I am happy to have the first version ready for my audience. If you're curious, check my page out at https://traderrookie.com
http://twitter.com/forex_in_world/status/1267535756723175426What is “Position Sizing” and Why Is It Important? https://t.co/tCWtGylQsz— FOREX IN WORLD (@forex_in_world) June 1, 2020
I suppose it's been asked before, but unfortunately couldn't see it on reddit if it had ever been asked. Anyways, I'm new to Forex trading, and started grasping some few concepts from here and there. Getting straight to the point, the position size formula is as follows: Account at Risk = Pip(s) at Risk x Pip's Value x Position size Based on the formula above I guess everyone only works on to find the position size rather than account at risk. So, for instance if I have $300 account, risking 1 percent ($3) with a pip value of $10/pip with pips at risk at 49 pips and plugged every value in the formula above; my position size would be 613.244898 units or 0.006 lot size. That is if we were finding the position size. So, my point is, what if I wanted to find the pips at risk instead of position size? The reason is I want it to be a perfect unit or lot, like 600 units instead of 613 units we got from the calculation above. I did the calculations and got 5 pips?? (I got that by dividing 0.0005 divided by 0.0001) does it indicate that the position size would include a pipette? Based on the 49 pips we set on the first example?? And if we did the same thing with 49 pips we'd be getting 4.9...so does that mean 4 is a pip and 9 is a pipette? Or am i missing something? Sorry for any vocabulary or grammatical errors in advance, english isn't my first language:)
Recommendations on tick size or intraday Forex data resources
Hi, does anyone have any recommendations on tick size data resources for foreign exchange please? It would be the best it collects as much currency pairs as possible, especially the dollar asia pairs. So far what I had found was Bloomberg, Reuters and 1Forge. Things about BBG and Reuters are like their data resources are quite unreliable and crude. 1Forge has no historical data. I have found a few other which has only G10 currency pairs. May I know from where you obtain these data for backtesting please?
Hi guys, I am very new to forex and I am still studying it and learning before I get in. I had a question ..... so when you open a position are you putting up your whole account every time ? Here is why I am asking this. Let’s say I have an account with $1000 . I only wanna risk 1% and with my strategy my stop Loss is 20 pics and the currency I am trading is $10/ pip. So based on a positioning calculator for AUD/USD it’s 25000 units. Now I don’t have 25000 .... so I have read that you use leverage , so the example I was reading says u would use a 5x leverage . 5 times the 5000 that I have . So basically in forex u trade with your whole balance every time ? Sorry i am confused
Determining Lot size when buying XRPUSD with a forex broker (vantage FX)
Hello I would like to invest in ripple on the long term with my forex broker but I have problem calculating lot size compared to other fx pairs as the lot size I would normally place on a trade doesn’t seem to be right. Any tips on how to calculate lot size for cryptos will be appreciated!
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Forex is commonly traded in specific amounts called lots, or basically the number of currency units you will buy or sell.. The standard size for a lot is 100,000 units of currency, and now, there are also mini, micro, and nano lot sizes that are 10,000, 1,000, and 100 units. The bulk of forex trading takes place on what’s called the “interbank market“. Unlike other financial markets like the New York Stock Exchange (NYSE) or London Stock Exchange (LSE), the forex market has neither a physical location nor a central exchange.. The forex market is considered an over-the-counter (OTC) market due to the fact that the entire market is run electronically, within a ... Let’s take a more in-depth look into how exactly the forex market compares with equities (stocks). 1) Volume. One of the biggest differences between forex and stocks is the sheer size of the ... The Position Size Calculator will calculate the required position size based on your currency pair, risk level (either in terms of percentage or money) and the stop loss in pips. Lot in forex is the name of the position size of each trade. A micro-lot consists of 1000 units of currency, a mini-lot 10.000 units and a standard lot has 100,000 units? The position size of a trader depends on the size and type of lots that are bought or sold while trading.
Get more information about IG US by visiting their website: https://www.ig.com/us/future-of-forex Get my trading strategies here: https://www.robbooker.com C... A pip is a unit of measurement in the forex market and a lot size is the trading volume you pick to trade with. PIPS X LOTS = PROFIT/LOSS THE OBJECTIVE WITH ... #forex #forexlifestyle #forextrader Want to join the A1 Trading Team? Follow along with trades taken by our top trading analysts, join our trading chatroom, ... Free calculator: https://www.babypips.com/tools/position-size-calculator #forex #forexlifestyle #forextrader Want to join the A1 Trading Community? Follow al... This is a lesson for beginner traders about how to open a trade in Metatrader (MT4 or MT5) and how to calculate the correct trade position size to control yo...