
Part 3 of 6 of a Live Presentation
05/05/13 • 27 min
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Live Training Presentation Part 2 of 6
From the live presentation, in Part 2, we are discussing how to determine the strength of a currency and a forex pair. One of the keys to be successful trading forex is, to find which forex pair has the highest probability of following through with its trending move. Part 2 uses the manual calculation of strength, however, in the Basic Course there is a calculator available. www.donchiantrader.com
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Part 4 of 6 of a Live Presentation
From the live presentation, in Part 4, we are discussing how news may affect forex pairs. We looked at a EUR/USD trade. We compared commodity currencies and European currencies. We learned how to calculate the risk per trade, choosing the number of lots to trade, calculating the trade opening price, calculating targets and stop losses. Also discussed was how to evaluate the strength of a forex pair. www.donchiantrader.com
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