6. 10 news every trader should know
1. NON FARM PAYROLL (Every Friday Each Month)
2. TRADE BALANCE
3. INTEREST RATE STATEMENTS
4. DURABLE GOOD
5. PRODUCER PRICE INDEX
6. PPI excl. FOOD AND ENERGY
7. CONSUMER PRICE INDEX
8. CPI excl. FOOD AND ENERGY
9. TRICHET, BERNANKE DAN FUKUI SPEAKS
10.UNEPLOYMENT RATE
7. What is Technical Analysis
• Forex market prediction using trading tools in
trading platforms.
• Forex Patterns recognition in market data to
identify trends and make predictions.
14. Continue Pattern
• Most Commonly Used Forex Chart Patterns
• there are few common chart patterns which
occur regularly and provide a relatively simple
method for trading.
• These two patterns are the rectangle ,
triangle.
• it also pattern on the retracement and
reversal level.
19. Reversal Pattern
• A reversal is a change in the direction of a
price trend
• On a price chart, reversals undergo a
recognizable change in the price structure.
22. Left Shoulder Right Shoulder
Head
Head
Right ShoulderLeft Shoulder
Head And Shoulder Inverse Head And Shoulder
23.
24. Support And Resistance
• support and resistance is a concept that the
movement of the market movement will tend
to stop and reverse at certain price levels.
• These levels are denoted by multiple touches
of price without a breakthrough of the level.
27. Fibonacci Retracement
• Fibonacci retracement is a method of technical
analysis to determine retracement level of
market movement.
• Fibonacci retracement is created by taking two
extreme points on a chart and dividing the
vertical distance by the key Fibonacci ratios.
• Fibonacci retracements can identify potential
support / resistance levels.
• the most commonly used Fibonacci levels are
the 38.2%, 50%, 61.8% and sometimes 23.6%
and 76.4%.
30. Forex Indicators
• Indicators generally overlay on price chart
data to indicate where the price is going, or
whether the price is in an "overbought"
condition or an "oversold" condition.
• Support technical analysis decision.
39. Types Of Forex Trader
• Position Trader
• Swing Trader
• Day Trader
• Scalping
40. Position Trader
• Trades on Daily and Weekly Charts
• Takes long term perspective
• Position left to run for months
• Trades a few time a month
• Pips gain form market movement 1000pips to
2000pips
41. Swing Trader
• Trades the 4 hour and 1 hour chart
• Trades run in and out in a few weeks
• Pips gain 150pips to 200pips
• Forex Technical Analysis
42. Day Trader
• Trades the 5-15 Minute chart tries to catch the
market movement of the day.
• In and out in the same day.
• Trade few times a day.
• Only use trading strategy to make profits.
43. Scalper
• Trades the small time frame chart.
• M15, M5 , M1
• They sometime using forex indicator
• Small profits taken from each position
• Usually 10pips-15pips