senejani.ali
教育

HOW TO BECOME SUCCESSFUL IN TRADING

FX:CADCHF   Canadian Dollar/Swiss Franc
Hi everyone.
I just wanted to share little bit of my knowledge and learning in the forex market with you all so you can benefit from it too.
I started learning trading 3 year ago. Fundamentals and News trading were what I started with. As a news trader you need to watch the market news on fundamentals (such as central bank decision makings on bank interest rates) and sentiments (such as short term news like geopolitical concerns in certain countries which moves the market for a short term only).... But it did not work out for me, so I moved on to a different strategy.

The next was support and resistance strategy which I am sure most of you are familiar with. It made me some winning trades but in the long term I was in loss.

Next I moved to a strategy called EW ( Elliot Waves), I tried to master counting waves 1,2,3,4,5 it helped me a bit but it was also a failed strategy for me, I am not sure if it worked for anybody but it did not work for me.

Till 9 months ago I came across learning a concept called IMPULSE AND CORRECTION. When I started removing all the lines and indicators from my chart and just tried to look at the charts from a bigger perspective, I realised that price forms 2 moves only.
1. IMPULSE (a sharp move to upside or downside with long candles)
2. CORRECTION (a pattern which forms before an impulse occurs)

So to cut the story short, this is what I have been focusing on in the past 9 months and to be honest it has been making me money with proper risk management and PATIENCE.

I will go into details in my next educational posts about this strategy and how to identify corrective patterns so you can catch the next impulse.

For the time being please look at the above chart to learn something new from my experience so far.

Thank you for taking the time to read this as I know many of you are still struggling to make it happen in trading. Hope you learn something new from my posts and wishing you all good luck in this business.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人檔案設定 帳戶和帳單 我的支援工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出