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Nairaland Forum / Nairaland / General / Investment / Learn To Trade Forex Thread (6599 Views)
Forex Thread / Forex Thread: / How To Trade Forex Effectively In Nigeria (2) (3) (4)
Learn To Trade Forex Thread by dvd(f): 2:46pm On Oct 03, 2019 |
This thread was created to give you sufficient information on all you need to know about forex so let the party begin. Make sure to follow this thread as alot will be learnt. Question and Answer section too Subscribe to our YouTube for free training video clips @thinksmartofficial For the links just simply add bit dot ly forward slash to go to the website. Eg bit dot ly / HOTFOREXBROKER without space. WHY CHOOSE US? OUR SYSTEM HAS BEEN CREATED TO HELP EVERYONE WIN IN THIS READ BELOW AND MAKE A DECISION WELCOME TO THINKSMART (#THINKWITHUS) WHO WE ARE We are a wealth creation organization and network that teach financial literacy accessible from the comfort of your mobile devices. OUR MISSION Educate, Empower & Build Long Term Sustainable Wealth for Our clients Through our Educational & Investment System We TRADE � We NETWORK � We INVEST � THINK SMART IN 57 secs https://www.youtube.com/watch?v=_wIcy5__q74 What is FOREX? https://www.youtube.com/watch?v=uIGMBmr8BVM MEMBERSHIP PACKAGE in Partnership With Cash FX ( FREE FOR ALL CASH FX MEMBERS, SIMPLY BUY A CASH FX PACK TO ACCESS OUR MEMBERSHIP) Intro To TSE and Cash FX https://www.youtube.com/watch?v=RdtlpOfD_Ec You get access to� ✅Basic to Advanced Forex Mentorship ✅Weekly Live Training Sessions ✅Access to Trade Ideas/Signals / Support Channel ✅Exclusive Members Chat Group OR Access for $30 Monthly if not active yet on Cash FX Telegram @thinksmartofficial www.facebook.com/thinksmartofficial www.instagram.com/thinksmartofficial www.youtube.com/thinksmartofficial 1 Like 1 Share |
Re: Learn To Trade Forex Thread by dvd(f): 2:56pm On Oct 03, 2019 |
�GETTING STARTED� � New to Forex� THINGS YOU NEED 1. Zoom Mobile app. Download from your playstore for online training sessions. 2. Meta Trader 4 and 5 app onto your phone (MT5 for those interested in trading volatility 75 index) 3. JCP App (Japanese Candlestick Pattern) 4. Smart � / Laptop (ok if you dont have a laptop, yet, you can still learn but work on getting one soon) Follow the Steps below to set up your account and go through the basic video clips and required ebooks in the library section � STEP 1 OPEN YOUR FOREX ACCOUNT (BROKERS WE USE ARE ALL LISTED BELOW) FOREX /HOTFOREXBROKER FX CHOICE http:///Fxchoiceaccount (Video Tutorials) HOW TO OPEN YOUR HOTFOREX ACCOUNT https://www.youtube.com/watch?v=l4789bkJ994 HOW TO FUND AND WITHDRAW FROM YOUR HOTFOREX ACCOUNT https://www.youtube.com/watch?v=UXTXjP8x8rA STEP 2 HOW TO LOGIN TO YOUR MOBILE META TRADER 4 PLATFORM https://www.youtube.com/watch?v=9uPLhUgst2E STEP 2A HOW TO PLACE & MODIFY TRADES https://www.youtube.com/watch?v=F6SwpA_vH7I STEP 3.. Watch the Forex Basic Video Clips below BASIC TRAINING VIDEO SERIES INTRO TO FOREX https://www.youtube.com/watch?v=kngL0TwRdpM&t=9s INTRO TO TRADING VIEW https://www.youtube.com/watch?v=whoyPYUlTTI HOW TO CALCULATE PIPS https://www.youtube.com/watch?v=qCxb1xtTXLI HOW TO DRAW SUPPORT AND RESISTANCE ZONES https://www.youtube.com/watch?v=3KrpsFskFxI HOW TO DRAW TRENDLINES https://www.youtube.com/watch?v=FZm91lSO0Xg BASIC FUNDAMENTALS NEWS & IMPACT https://www.youtube.com/watch?v=ej_PbyhJ-E4 How to Mark Up Charts /Confirm Trade Set Ups https://www.youtube.com/watch?v=CO3ds27cYbw Watch these intraday trade methodology https://www.youtube.com/watch?v=yPYZqYsUy7g https://www.youtube.com/watch?v=6ZVeA--yXu0 BABY PIPS ACADEMY Visit www.babypips.com to begin going through these below, u can ignore topics and sections not listed. This will help you catch up faster even when you join us fully for mentorship to learn our Trade methodology. Ensure to subscribe to our YouTube channel for some short training clips. www.youtube.com/thinksmartgroup Course Outline PRESCHOOL What is Forex? How Do You Trade Forex? When Can You Trade Forex? Who Trades Forex? Why Trade Forex? Margin Trading 101: Understand How Your Margin Account Works KINDERGARTEN Course Outline Brokers 101 Three Types of Analysis Types of Charts ELEMENTARY Course Outline Grade 1 Support and Resistance Levels Grade 2 Japanese Candlesticks Grade 3 Fibonacci MIDDLE SCHOOL Grade 7 Important Chart Patterns HIGH SCHOOL Course Outline Grade 9 Trading Divergences Grade 10 Market Environment Grade 12 Fundamental Analysis Grade 13 Currency Crosses Grade 14 Multiple Time Frame Analysis UNDERGRADUATE JUNIOR Course Outline Developing Your Own Trading Plan Which Type of Trader Are You? Create Your Own Trading System Keeping a Trading Journal How to Use MetaTrader 4 UNDERGRADUATE SENIOR Course Outline Risk Management The Number 1 Cause of Death of Forex Traders Position Sizing Setting Stop Losses Scaling In and Out Currency Correlations |
Re: Learn To Trade Forex Thread by dvd(f): 2:59pm On Oct 03, 2019 |
There are some recommended ebooks to read as well for your basic knowledge , you can find them in the media library of our telegram channel @thinksmartfx . About to become Nigeria and Africas Leading ForeX Educational Platform ![]() |
Re: Learn To Trade Forex Thread by collinsfhk(m): 3:13pm On Oct 03, 2019 |
Following! 1 Like |
Re: Learn To Trade Forex Thread by chordrylateral(m): 4:52pm On Oct 03, 2019 |
Wow. Wow. Wow really educative and simple to comprehend.with this video now i think i can now draw S&R ..thanks so much 1 Like |
Re: Learn To Trade Forex Thread by dvd(f): 5:37pm On Oct 03, 2019 |
collinsfhk: awesome lets create a financial revolution |
Re: Learn To Trade Forex Thread by dvd(f): 5:38pm On Oct 03, 2019 |
chordrylateral: glad i can help you welcome |
Re: Learn To Trade Forex Thread by dvd(f): 5:56pm On Oct 03, 2019 |
so now as a newbie to forex the only software i recommend is the phenomenal harmonic scanner the link may not show well here but its bit dot ly /harmonicscanner to download it. What is the harmonic scanner? In plain terms, its a software that delivers high probability set ups to you with pivotal information such as entry, stop loss, take profit etc. Now a pattern shows up doesnt mean its ready at that moment thats why I ll need to teach you guys also how to confirm trade set ups and know when to enter. There are certain confirmations you need to see happen to know if its ready to buy or sell before placing a trade. There is a 7 days free trial but this is available for mt4 desktop only... Some strategy clips also done by the creator of some harmonic patterns Mr Scott is also included . Lets get to learning Recommended Software. OFFICIAL HARMONIC SCANNER BY SCOTT CARNEY (DESKTOP VERSION) Download via /harmonicscanner (7 DAYS FREE TRIAL, AFTER THAT U CAN ACCESS FOR $29.95 MONTHLY) HARMONIC VIDEO TUTORIALS How to Install the Harmonic Scanner https://www.youtube.com/watch?v=UqhLT6yQ09o How to subscribe to the Harmonic Scanner https://www.youtube.com/watch?v=nAGkdZE5FvI How to generate your license string https://www.youtube.com/watch?v=nL0bTyuIjTw Intro to the harmonic scanner https://www.youtube.com/watch?v=wTX99dYMURw Harmonic Pattern Terminal Bar Execution https://www.youtube.com/watch?v=MGlZGzHO1pQ Harmonic Pattern Confirmation with Harmonic Strength Index (HSI indicator) https://www.youtube.com/watch?v=-fAnol_zDTY Harmonic Pattern Master Strategy! CRAB T1+HSI Video https://www.youtube.com/watch?v=PMU8Fw5DvB8
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Re: Learn To Trade Forex Thread by Ummuaisha(f): 10:43pm On Oct 03, 2019 |
Wao�� I've learnt alot today, God bless you beyond.�� |
Re: Learn To Trade Forex Thread by dvd(f): 10:52pm On Oct 03, 2019 |
Ummuaisha: Amen. Lets keep learning |
Re: Learn To Trade Forex Thread by murshid09(m): 10:52pm On Oct 03, 2019 |
Waw |
Re: Learn To Trade Forex Thread by dvd(f): 10:56pm On Oct 03, 2019 |
Ok guys now that we have the basic understanding of some key things in Forex, we will now go ahead to begin discussing on the market makers method. Now there is the retail traders (small pockets) like us and the sharks (big pockets) banks and large institutional way of trading. Most of us failed back then because we were only aware of a one sided way of trading above. Now one summary of how they trade. MARKET MAKERS MAKE MONEY BY TAKING OUT STOP LOSSES. HERE IS A PIC BELOW. PRINT IT, SAVE IT ON YOUR WALL.
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Re: Learn To Trade Forex Thread by dvd(f): 11:01pm On Oct 03, 2019 |
murshid09: yeah get ready to move up the food chain with this knowledge, share with others too |
Re: Learn To Trade Forex Thread by AngelHoly(m): 12:58am On Oct 04, 2019 |
It’s actually waiting for someone 1 Like |
Re: Learn To Trade Forex Thread by Faust77(m): 2:55am On Oct 04, 2019 |
@op....can I have your w.WhatsApp no so we can chat I love the work you're doing here |
Re: Learn To Trade Forex Thread by dvd(f): 3:46am On Oct 04, 2019 |
AngelHoly:Aii |
Re: Learn To Trade Forex Thread by dvd(f): 3:53am On Oct 04, 2019 |
Faust77: ok I just created a whatsapp group for those interested but this thread will continue as we want more people in Nigeria to become financially free. My goal is to let our young people know SAY YOU NO NEED TO DO YAHOO TO DRIVE BENZ. so i ll appreciate you guys spreading the word, so others can join us here, thats all I ask... So can you do that? Whatsapp link bit dot ly /thinkwithdivinedollars |
Re: Learn To Trade Forex Thread by murshid09(m): 7:11am On Oct 04, 2019 |
D link k is not opening 08077329690 |
Re: Learn To Trade Forex Thread by All4real2: 9:26am On Oct 04, 2019 |
dvd: |
Re: Learn To Trade Forex Thread by chordrylateral(m): 9:44am On Oct 04, 2019 |
Here is the link to the chat room for. Those who want to join bit(.)ly/thinkwithdivinedollars Remove the bracket Or copy this to your browser https:///invite/IeHz0rdwYl5AAvX8oG2yAu |
Re: Learn To Trade Forex Thread by dvd(f): 10:21am On Oct 04, 2019 |
For the purpose of Our trade and learning project we are going to focus on these pairs only! GBPAUD, USDJPY & EURNZD . Will be uploading some more clips on what to look out for this weekend, putting together all you have learnt so far into a simple trade methodology |
Re: Learn To Trade Forex Thread by Adeoye11(m): 10:29am On Oct 04, 2019 |
Hey !please you can as well add my contact on WhatsApp I have lots of potential investors if you do investment.. 08065159404. In anticipation 1 Like |
Re: Learn To Trade Forex Thread by dvd(f): 11:57am On Oct 04, 2019 |
Adeoye11: ok we haven't launched ours yet but we are currently in partnership with a reputable intl one called Omega Pro, all they do is give 10% monthly while me just dey jeje help educate people wey wan still learn even after investing, do you feel me? You can check out the presentation on our YouTube channel . bit dot ly / whatisomegapro Lol but I ll still contact you sha. My goal is I want every family to have a forex trader or traders who can do same thing banks do with their monies thereby empowering nigerians all over. |
Re: Learn To Trade Forex Thread by murshid09(m): 12:44pm On Oct 04, 2019 |
Re: Learn To Trade Forex Thread by dvd(f): 1:18pm On Oct 04, 2019 |
Re: Learn To Trade Forex Thread by Bugatie(m): 1:25pm On Oct 04, 2019 |
following this thread with keen interest. @Dvd, you've got a student here. 1 Like |
Re: Learn To Trade Forex Thread by dvd(f): 2:09pm On Oct 04, 2019 |
Bugatie: nice time for nigerians to rise up the chain. |
Re: Learn To Trade Forex Thread by amidel(m): 8:32pm On Oct 04, 2019 |
dvd:Kindly add me to the WhatsApp group. |
Re: Learn To Trade Forex Thread by kid7soccer(m): 9:27pm On Oct 04, 2019 |
Please kindly add me to your whatsapp group dvd: |
Re: Learn To Trade Forex Thread by dvd(f): 12:18am On Oct 05, 2019 |
added. lets continue with our Educational thread |
Re: Learn To Trade Forex Thread by dvd(f): 1:00am On Oct 05, 2019 |
Chart Time Frames. These are the 4 common time frames we will be using but I am an intra day trader so focus will majorly be on the 1 hour and 15 mins timeframe for daily trade opportunities. My phone number is on my signature now so if you want to chat me up on whatsapp you can.
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Re: Learn To Trade Forex Thread by dvd(f): 7:55am On Oct 05, 2019 |
TRADING VOLATILITY 75 (ADVANTAGES) Open 24/7 which means Unlimited Opportunity. Focusing on 2-3 Forex Pairs and Volume 75 can give you your required Financial Freedom. For volume 75 tho, I always recommend capital of $500 and above. Volume 75 Account opening tutorial https://www.youtube.com/watch?v=Hhw1kP2KA8E
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