
Explore forex fundamentals with technical analysis, from structure and indicators to Fibonacci ratios and chart patterns. Build your system through 13 lectures with backtesting, money management, psychology, and goal setting.
Table of Contents
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Structure
In this chapter you will learn the basics of structure. How the markets move, trend, direction, support and resistance and the higher high – higher close, lower low – lower close principal. You will start to set the foundation to the beginning of your trading business.
SectionsLearn how structure underpins all price action by examining support and resistance, how breakouts convert resistance to support and vice versa, and why these magnets guide market moves.
Identify clear support and resistance across timeframes, draw lines to track price reactions, and observe how breaks turn support into resistance using past price action to forecast future moves.
Identify three market directions—bull uptrends, bear downtrends, and consolidation—and define trends by higher highs and higher lows or lower highs and lower lows, with support and resistance acting as magnets.
Use the higher high, higher close and low low low close principle to determine continuation, with new structure highs or lows confirmed by closes above or below prior levels.
Follow the moves of the market by tracing highs, lows, and breaks, then identify higher highs and higher closes, lower lows and lower closes, and key support and resistance shifts.
This course covers the basics in trading the Forex market. This course Includes Detailed Training on Structure, Support and Resistance .You will learn about the Double Top and Bottom, how to identify them the right way and find them in the markets. This course is a great way to get introduced to the markets and how they move. You will learn about Harmonics and how the Harmonic pattern forms the moves of the market. This is a simple course and no former training needed. The course is broken into steps, each step has a lecture and videos that go over the lecture in detail. If you are new to the Forexmarket and you want to learn about the basics, this course will be an great first step.