Forex Mastery

विदेशी मुद्रा मास्टरी विदेशी मुद्रा बाजार के व्यापार पर एक अद्वितीय परिप्रेक्ष्य प्रदान करती है

The Comprehensive Forex Mastery App Program is a perfect place for the brand-new trader and the seasoned trader who hasn't quite found their niche. Provided a unique perspective on trading the Forex market that is unmatched in the industry.

There are, generally speaking, 5 distinct stages of progression to Forex Mastery.

Each stage centers around a certain set of beliefs, and as the trader grows, he sheds them and gains new ones that propel him forward.

Here are the 5 stages, listed according to increasing levels of expertise:

1. Copying

2. Compiling

3. Computing

4. Coordinating

5. Creating

With Forex Mastery application, it’s topics covered includes:-

° Why Choose Forex?

° Chapter Two: What You

° Need to Know About

° Forex Trading Swap – What Is It and Why Does it Matter?

° Be Aware of Fraudulent Schemes

° The Majors

° The U.S. Dollar

° The Euro

° The Japanese Yen

° The Swiss Franc

° Fundamental vs Technical Analysis

° Fundamental Analysis

° Technical Analysis: A Beginners Guide

° Making or Breaking News

° What Exactly Happens To The Market?

° The Players

° Now, More News!

° The Final Headline

° Automated Trading

° What is Automated Trading?

° Why Use Automated Trading?

° How To Write an Expert Advisor

° How To Test the Expert Advisor

° Mentally Preparing to Trade

° Be Sure to Check Your Emotions at the Door

° What About Using a Managed Account?

° Final Warning, Forex is Not for Everyone

° Elements to Consider

° Essentials of a Trading Plan

° How Much Should You Trade?

° What Are The Most Active

° What Pairs Should You Trade?

° How Do I Choose Take-Profit and Stop-Losses?

° How Far Back Do You Look?

° What Time Frames Should You be Looking At?

° What Should My Daily Goal Be In Profit or Losses?

° Being Out of the Market Can Be a Good Move

° How Long Should You Use a Demo Account Before You Go Live?

° How is a Demo Different Than a Live Account?

° Check the Crosses and Relative Pairs

° Getting Stopped Out on a Chart

° Trading Like a Girl

° Conclusion

° Common Indicators Defined

° Bollinger Bands

° Standard Deviation

° Moving Average Convergence/ Divergence (MACD)

° Parabolic SAR

° Double Exponential Moving Average (DEMA)

° Triple Exponential Moving Average (TEMA)

° Momentum

° Commodity Channel Index

° Relative Strength Index (RSI)

° Stochastic Oscillator

° Fibonacci Line Studies

° Finding Patterns in Your Charts

° More About News: The Business Cycle

° Candlestick Patterns

° More News to Trade

° The Business Cycle

° Gross Domestic Product GDP

° Indices of Leading, Lagging and Coincident Indicators

° The Employment Situation

° Industrial Production and Capacity Utilization

° Institute for Supply Management Indices

° Manufacturers’ Shipments, Inventories, and Orders

° Manufacturing and Trade Inventories and Sales

° New Residential Construction

° The Conference Board’s

° Consumer Confidence and

° Consumer Sentiment Indices

° Advance Monthly Sales for Retail Trade and Food Services

° Personal Income and Outlays

° Consumer and Producer Price Indices

° Glossary

The first stage (Copying) focuses on chasing an objective (i.e. profit). The second and third stages (Compiling and Computing) correspond to following a plan. The fourth and fifth stages (Coordinating and Creating) is centered around defining and applying a strategy. The difference between a plan and strategy is that the former comprises a goal and a sequence of actions, while the latter includes guiding principles.

Moving to each subsequent stage requires an increasing amount of market experience, creativity, and introspection. The more you are willing to question your beliefs about trading, the faster you’ll grow.