5 Day Trend Trading Forex Course by Timon Weller

5 Day Trend Trading Forex Course by Timon Weller

Itinerary of the training series

First day video training: introduction to trends and watching how the market moves without going to live charts, whether it is bullish or bearish trend or range. A deeper look at trend development, including the new 5-day trend training series coming soon to lower lows after an uptrend or new higher highs after a downtrend. And also how to see these changes in a simple way. (21 minutes)

Bonus Video 1: Using Line Charts to Help Identify Trends (7 minutes)

First day quiz: questions about what you have learned so far.

Day Two: In Day Two video training, we jump to live charts and observe trends on 5 minute and 15 minute charts at a micro level. This is important because you will be able to see how trends are moving and are often respected even at the micro level. Knowledge at the micro level allows a deeper understanding of how the market moves between the higher time frames also at these scales. Lessons learned include entering, stopping placement, and possible exits while respecting the trend on a microscale. (52 minutes)

Day two quiz: questions about what you have learned so far.

Day Three: In the video training on Day Three, we look at the trends in detail and how they unfold in the 30-minute time frame and the 1-hour time frame. This is what I refer to as still micro levels, however, between micro and intraday trends. These trends can often provide excellent input when combined with knowledge of time frame trends as well. After this part, you should now be familiar with the overall operation of the intraday and micro trends. Lessons learned include, entry, location stop and possible exits according to the trend. Another lesson learned in this part is confidence in how the market moves on a lower scale also for Day Traders, confidence to stay in certain conditions with that knowledge or confidence to know when to exit as well. ( 30 minutes )

Third day quiz: questions about what you have learned so far.

Day Four: In the day four video training we jump to the higher time frames and observe major trends in the daily and four hour time frame. These main trends, while acting similarly to the lower micro trend movements, give the trader the advantage of knowing where the overall market is going in the long term. In this case, it is good to align yourself with your current strategy as an advantage or with an understanding of what you have learned at a micro trend level, as well as combining the two insights to improve profitability and an advantage in the overall market. At the end of this day, you should be able to see the trends yourself on your own charts and have the confidence to decide what those movements say in the market. (43 minutes)

Day Four Quiz: Questions about what you have learned so far.

Day Five: In the day five video training, we finished the series and answered all the important questions of what you learned in the series in general. We will also see how to adapt to your current strategy as an overall advantage. At the end of this part, you should feel more confident in what the charts generally say and what you have learned in the 5-Day, Five-Part Series. (21 minutes)

Bonus Video 2 – Trade Between Zones – Bonus video showing how to identify high probability zones, as mentioned in Video Day (Part) 3 of the series and also detailed in The Engulfing Trader series. By applying those two insights, trend analysis can be used to obtain evidence that these areas remain as resistance or primary support, in addition to providing extremely tight inputs and stopping losses to match that overall edge. In general, a combination video part to show how that advantage can be applied to the real market between the main identified areas of the daily and weekly time frames. (16 minutes)

Fifth Day Questionnaire – Answer sheet provided in this Part.

Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

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5 Day Trend Trading Forex Course by Timon Weller Available now at Vincourse.com

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