Here is a very in-depth book on price action that you can study this weekend.
Forwarded from Boluwaduro Okunade
Price Action Market Traps 7 Trap.pdf
2 MB
Highlights in this book.
Introducing TRAP Concept
Don’t get trapped! Market is a dangerous place for novice traders.
I have illustrate seven TRAP setups you can find on any chart, along with examples and studies for you to better understand the TRAP concept. The only consistent setup you will find on every day, every market and every time frame.
•Common Trap
•The “Stop-Loss” Trap
•“The Giant” Trap
•“Failed Breakout” Trap
•“Back to Back” Trap (Double-Trap)
•News Trap
•Morning Specials............
Introducing TRAP Concept
Don’t get trapped! Market is a dangerous place for novice traders.
I have illustrate seven TRAP setups you can find on any chart, along with examples and studies for you to better understand the TRAP concept. The only consistent setup you will find on every day, every market and every time frame.
•Common Trap
•The “Stop-Loss” Trap
•“The Giant” Trap
•“Failed Breakout” Trap
•“Back to Back” Trap (Double-Trap)
•News Trap
•Morning Specials............
Hello!
Good day traders and traders to be 😂.
I am delighted to have you here!
A big welcome to all our new members.
This should give you a correct guide on how to get started
1. If you're new to forex trading, you'll need to create your trading account. I recommend hotforex, kindly sign up using this link.
https://www.hotforex.com/?refid=338043
Set your base currency to USD and if you see a space for introducing broker, please type 338043. Then create a Demo account. This would be used to practice before making real money.
If you are based in the U.S Or Canada, kindly use this link to create your own forex account.
https://my.myfxchoice.com/registration/?refer=289567
2. You will need to create a deriv account to trade volatility indices.
Kindly use this link
https://track.deriv.com/_sN-3OV9fMWRBMfcXPt5VjGNd7ZgqdRLk/1/
3. Once you have done the above, you can access the videos of the past webinar using this link. These videos take you from a point of knowing nothing in forex up till a point of being able to trade with a basic strategy on both forex and volatility indices.
https://drive.google.com/open?id=1Tv6OPxTCHeysGCVZhp0JQW-G5vXA7Mv6
4. Practice on your demo, gain mastery, master your psychology, and then you can choose to trade with real money, or proceed to our professional class to learn even more advanced/accurate techniques.
Please don't just leave if you're confused or lost. 😢😢. Send a DM to @basiudoh we have a dedicated instructor for you, who will guide you through, and handhold you on your path to financial freedom
Good day traders and traders to be 😂.
I am delighted to have you here!
A big welcome to all our new members.
This should give you a correct guide on how to get started
1. If you're new to forex trading, you'll need to create your trading account. I recommend hotforex, kindly sign up using this link.
https://www.hotforex.com/?refid=338043
Set your base currency to USD and if you see a space for introducing broker, please type 338043. Then create a Demo account. This would be used to practice before making real money.
If you are based in the U.S Or Canada, kindly use this link to create your own forex account.
https://my.myfxchoice.com/registration/?refer=289567
2. You will need to create a deriv account to trade volatility indices.
Kindly use this link
https://track.deriv.com/_sN-3OV9fMWRBMfcXPt5VjGNd7ZgqdRLk/1/
3. Once you have done the above, you can access the videos of the past webinar using this link. These videos take you from a point of knowing nothing in forex up till a point of being able to trade with a basic strategy on both forex and volatility indices.
https://drive.google.com/open?id=1Tv6OPxTCHeysGCVZhp0JQW-G5vXA7Mv6
4. Practice on your demo, gain mastery, master your psychology, and then you can choose to trade with real money, or proceed to our professional class to learn even more advanced/accurate techniques.
Please don't just leave if you're confused or lost. 😢😢. Send a DM to @basiudoh we have a dedicated instructor for you, who will guide you through, and handhold you on your path to financial freedom
In case you have gone through our basic course, and you're thinking what next, we have a professional course, you can further your training, and earn even more. To enroll for this course, send a DM to @tradewithbolu
Testimony of a professional course student....look at the date!!
*Eisenhower's quote, "What is important is seldom urgent and what is urgent is seldom important," sums up the concept of the matrix perfectly*.
*This so-called "Eisenhower Principle" is said to be how Eisenhower organized his tasks*. *As a result, the matrix is sometimes called the Eisenhower Matrix*.
*Eisenhower is a former U.S President (President Dwight D. Eisenhower)*
*The Urgent/Important Matrix is a powerful way of thinking about priorities. Using it helps you overcome the natural tendency to focus on urgent activities, so that you can keep clear enough time to focus on what's really important. This is the way you move from "firefighting" into a position where you can grow your business and your career*.
As you go on into this new week.
Ask yourself is this really important?
Well you can free up some space on your schedule by using our auto trader.
It trades while your earn.
And guess what, there's a free version😱
*This so-called "Eisenhower Principle" is said to be how Eisenhower organized his tasks*. *As a result, the matrix is sometimes called the Eisenhower Matrix*.
*Eisenhower is a former U.S President (President Dwight D. Eisenhower)*
*The Urgent/Important Matrix is a powerful way of thinking about priorities. Using it helps you overcome the natural tendency to focus on urgent activities, so that you can keep clear enough time to focus on what's really important. This is the way you move from "firefighting" into a position where you can grow your business and your career*.
As you go on into this new week.
Ask yourself is this really important?
Well you can free up some space on your schedule by using our auto trader.
It trades while your earn.
And guess what, there's a free version😱
Fun Fact of the day:
A common term used by traders is cable. No this isn't a stock or commodity Cable is a slang term for the exchange rate between the U.S. dollar (USD) and the British pound sterling (GBP). This is because of the transatlantic cable between GB and US.
A common term used by traders is cable. No this isn't a stock or commodity Cable is a slang term for the exchange rate between the U.S. dollar (USD) and the British pound sterling (GBP). This is because of the transatlantic cable between GB and US.
If success is cheap, everyone would have been successful, if the road to success was straight many would have been enjoying success long ago. But am sorry, its not! If you are expecting your dreams to come through cheaply, then you need a change of mind. Success is not for people who give up easily, its not for lazy people, its not for people who give excuses. Success comes to men who are dedicated, committed and ready to give their dreams all it takes to be fulfilled. So I ask again, what manner of person are you? Someone who gives up easily? Or someone ready to fight through the bad day to earn the good days? Think about it.
Hello!
Good day traders and traders to be 😂.
I am delighted to have you here!
A big welcome to all our new members.
This should give you a correct guide on how to get started
1. If you're new to forex trading, you'll need to create your trading account. I recommend hotforex, kindly sign up using this link.
https://www.hotforex.com/?refid=338043
Set your base currency to USD and if you see a space for introducing broker, please type 338043. Then create a Demo account. This would be used to practice before making real money.
If you are based in the U.S Or Canada, kindly use this link to create your own forex account.
https://my.myfxchoice.com/registration/?refer=289567
2. You will need to create a deriv account to trade volatility indices.
Kindly use this link
https://track.deriv.com/_sN-3OV9fMWRBMfcXPt5VjGNd7ZgqdRLk/1/
3. Once you have done the above, you can access the videos of the past webinar using this link. These videos take you from a point of knowing nothing in forex up till a point of being able to trade with a basic strategy on both forex and volatility indices.
https://drive.google.com/open?id=1Tv6OPxTCHeysGCVZhp0JQW-G5vXA7Mv6
4. Practice on your demo, gain mastery, master your psychology, and then you can choose to trade with real money, or proceed to our professional class to learn even more advanced/accurate techniques.
Please don't just leave if you're confused or lost. 😢😢. Send a DM to @basiudoh we have a dedicated instructor for you, who will guide you through, and handhold you on your path to financial freedom
Good day traders and traders to be 😂.
I am delighted to have you here!
A big welcome to all our new members.
This should give you a correct guide on how to get started
1. If you're new to forex trading, you'll need to create your trading account. I recommend hotforex, kindly sign up using this link.
https://www.hotforex.com/?refid=338043
Set your base currency to USD and if you see a space for introducing broker, please type 338043. Then create a Demo account. This would be used to practice before making real money.
If you are based in the U.S Or Canada, kindly use this link to create your own forex account.
https://my.myfxchoice.com/registration/?refer=289567
2. You will need to create a deriv account to trade volatility indices.
Kindly use this link
https://track.deriv.com/_sN-3OV9fMWRBMfcXPt5VjGNd7ZgqdRLk/1/
3. Once you have done the above, you can access the videos of the past webinar using this link. These videos take you from a point of knowing nothing in forex up till a point of being able to trade with a basic strategy on both forex and volatility indices.
https://drive.google.com/open?id=1Tv6OPxTCHeysGCVZhp0JQW-G5vXA7Mv6
4. Practice on your demo, gain mastery, master your psychology, and then you can choose to trade with real money, or proceed to our professional class to learn even more advanced/accurate techniques.
Please don't just leave if you're confused or lost. 😢😢. Send a DM to @basiudoh we have a dedicated instructor for you, who will guide you through, and handhold you on your path to financial freedom
USDCAD
BUY
Take Profit 1 : 15 pips
Take profit 2: 1.34500
Stop Loss : 1.33300
BUY
Take Profit 1 : 15 pips
Take profit 2: 1.34500
Stop Loss : 1.33300