Part 5 of 6 of a Live Training Presentation

05/27/13 • 26 min

In part #5 we continue setting up trade examples. All are set up using a trading plan that takes into consideration both money management and risk management. Also discussed is the OCO trade and setting up entry prices, targets and the stop loss. www.donhiantrader.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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Part 6 of 6 of a Live Training Presentation

This is the final segment of the Live Forex Training presentation describing how trading is conducted in my Basic Forex Trading System. In part 6 there is further discussion on placing orders and setting up targets #1, #2 & #3. Margin is also discussed for forex pairs. Further details on the training system can be found at www.donchiantrader.com