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DISCLAIMER: Trading Bitcoin is VERY risky, and 80% of traders don’t make money. Make sure that you understand these risks if you are a beginner. I only recommend crypto trading to already experienced traders!
Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
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Good Morning Crypto
Ivan on Tech by Ivan Liljeqvist
Understanding Trend Time Frames and Directions
There have been students asking in the Instant FX Profits chatroom on the current trend for certain currency pairs. In return, I reply with another question, “According to the past 5 mins, 5 hours, 5 days or 5 weeks?” Some traders are not aware that different trends exist in different time frames. The question of what kind of trend is in place cannot be separated from the time frame that a trend is in. Trends are, after all, used to determine the relative direction of prices in a market over different time periods.What Is Market Sentiment?
Market sentiment is simply what the majority of the market is perceived to be thinking or feeling about the market – it is the most important factor that drives the currency market. This is so because traders tend to act based on what they feel and think of certain currencies, regarding their strength or weakness relative to other currencies. I will assume that when you trade currencies, you don’t blindfold yourself to simply pick any pair to buy or sell, leaving it to randomness to determine your profit/loss statement at the end of the day or month.Trading With A Winning Money Management System In Mind
Most new traders spend very little time on this subject because they are so caught up in the excitement and wonder about just being able to trade. If this sounds like you don’t sweat it, but understand that trading with a good money management system is the one thing (if there is one thing) that separates the winners from the losers in the Forex trading game.Forex Trading Indicators Guide
For some traders, Forex trading indicators are probably the best foreign exchange trading tools available today. They normally need little or no analysis and interpretation; and they are generally consistent, reliable, and objective in generating different signals.Forex Scalping Indicators MT4
The Forex Scalping Indicators MT4 is particularly intended to help analyze short-term price fluctuations. It is one of the most extensively used by many active traders in the market for the MetaTrader platform.