How to Get Ahead in Forex with Scalp Trading Cryptocurrency

Scalping Introduction

This is an introduction video about Scalping. This video will teach you how to trade cryptocurrencies and futures using scalping strategies.

Forex Terminology - Forex Trading Terms & Meaning

Learn about Forex trading terminology and what it means.

This is an essential part of learning how to trade Forex successfully.

This video will show you how to setup your main chart before trading.

Forex Market Structure by definition is the simplest form of price movement in the market and is being to read it. It is basic support and resistance levels on the charts, swing highs, and swing lows. These are levels, which are easily identified and hold until they don’t. Market structure is a trend following tool that traders read and follow based on how an asset moves. From bullish moves, to bearish and in between with ranges.

Market Structure is often referred to as Price Action. We refer to this study as market structure because it’s how the whole market moves. Understand the trend and the anticipated moves and then you can add other criteria to your trade qualifiers. Like volume, pivot points, moving averages, and more. Which we will talk about slightly at the end of this discussion.

Forex traders use Fibonacci retracements to pinpoint where to place orders for market entry, taking profits and stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off support and resistance levels. After a significant price movement up or down, the new support and resistance levels are often at or near these trend lines.

This video seeks to explain the concepts of Discount and Equilibrium in forex trading.

Multiple time frame analysis is simply the process of looking at the same pair and the same price but on different time frames. This video seeks to shine more light on the concept.

The concepts of trading level support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis. Part of analyzing chart patterns, these terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the price of an asset from getting pushed in a certain direction.

What is a reversal candlestick pattern? The purpose of a reversal candlestick pattern is to give a signal that the short-term direction of the market, over the next several periods is changing. This is as opposed to a continuation candlestick pattern that signals the trend is likely to continue in the same direction.

This video seeks to explain the concept of Risk Entries & Confirmation Entries before moving onto the next section of the course.

Psychological levels are market price levels which are often key levels in forex denoted by round numbers. These round numbers frequently act as levels of support and/or resistance. Psychological support and resistance consistently work because of fundamental human disposition.

Limit Orders vs. Stop Orders

Different types of orders allow you to be more specific about how you'd like your broker to fill your trades. When you place a limit order or stop order, you tell your broker you don't want the market price (the current price at which a stock is trading); instead, you want your order to be executed when the stock price matches a price that you specify.

There are two primary differences between limit and stop orders. The first is that a limit order uses a price to designate the least acceptable amount for the transaction to take place, while a stop uses a price to merely trigger an actual order when the specified price has been traded. The second is that a limit order can be seen by the market; a stop order can't until it is triggered.