FXstreet.com Live Sessions Archives

Why Volatility: Probability Matter Within Forex Trading

Expert: Mark Whistler, Founder at WallStreetRockStar.com
Summary:
During this final portion of the first half of the monthly Webinar, traders will see why and how volatility matters- especially for intraday trading. Have you ever wished you had an indicator that would show when trending is about to begin and when trending has ended? What's more, with the information from Whistler's discussion on volatility and probability, traders will begin to see how by using a few simple commonplace indicators – differently than shown almost anywhere else within global educational Forex channels – can make all the difference in the world in being able to spot volatility ahead of the crowd.

Introduction to Candlestick Patterns

Expert: Andrei Pehar, Sr. Currency Strategist at fxKnight.com
Moderator: Maud Gilson, Conference Manager

Summary:

Learn to predict where price is likely headed next using the only 6 candlestick patterns you ever need to know.  No more need to memorize dozens or patterns or go through stacks of books - just about every other formation you'll run across in your trading is a variation of these basic 6, and once you know them you'll be able to recognize the early warning signs of both continuations and reversals.
 

Understanding the simple rules of Money Management – Part II: Position sizing

Expert: Sunil Mangwani, CEO at FibForex123
Moderator: Maud Gilson, Conference Manager

Summary:
A trader must use the 3M’s (Money, Mind & method…in that order) in the trading plan to ensure success in trading.

Of the 3M’s, Money Management is the most important part…and ironically the most ignored.

If a trader understands only the following 2 rules of money management, it increases the probability of success –

1.) The Risk-to-Reward ratio.

2.) The correct exposure of the trading capital.

In the first part of this series, we looked at the importance of the Risk-to-Reward ratio.

In the second part, we will look at the correct exposure of capital and understand “Position sizing”.

Part 1 of this presentation is available too: Understanding the simple rules of Money Management – Part I: The Risk-to-Reward ratio

How To Identify And Trade A Wide Range

Expert: Steve Misic, Instructor at Online Trading Academy
Moderator: Maud Gilson

Summary:
Many times, price will become range bound after a big directional move. Sometimes the breakout from this range will be a continuation of the trend, or a reversal. While waiting for the breakout, this consolidation can be traded profitable if the range is wide. The focus of this session is to identify which time frame to use to find the range, which time frame to use for entry, and how to set the rules for entries, exits, and stops.

Low Risk Breakout Trading in Forex

Expert: Sam Seiden, Stocks and Commodities Instructor, Author and Mentor at Online Trading Academy
Moderator: Maud Gilson, Conference Manager

Summary:
During this session, we will discuss the low risk way to trade breakouts in the fast moving Forex markets. There is a reason why most traders lose money trading breakouts. We will cover this and more during Thursday's event.

Selling Covered Options in the Forex

Expert: John Jagerson, Founder at Profiting With Forex
Moderator: Maud Gilson, Conference Manager

Summary:

This is one of the most popular trading strategies in the stock market and can now help forex traders smooth account volatility and increase returns. Covered options can be both an income strategy as well as a way to hedge risk in a volatile market. In this session John will cover the basic ideas of selling covered options and illustrate the concept in the live market.

Trading Break Out's And Other Market Views

Expert: Phil Newton, Developer of Trading Strategies at Trading Strategies.info
Moderator: Maud Gilson, Conference Manager

Summary:

Learn how to identify and trade overnight trading ranges. A detailed description of what to do, when to do it and why you should do it. Master some simple rules and spot a regularly repeating pattern day after day.

MONTHLY WEBINAR - The 1-2-3 chart pattern

Expert: Sunil Mangwani, CEO at FibForex123
Moderator: Maud Gilson, Conference Manager

Summary:
A chart pattern is a distinct formation on a chart that creates a trading signal, or a sign of future price movements. Chartists use these patterns to identify current trends and trend reversals and to trigger buy and sell signals.

The 123 pattern is a reversal chart pattern which occurs very frequently and has a very high success ratio.

When the 123 pattern occurs at the end of trends and swings, they are an indication of a change in trend. They can also be found within a trading range, and they take place when the directional momentum of a trend is diminishing.

For any trading technique, one must understand its advantages and drawbacks.
Implementing the technique in the live markets is the crucial part and one must have a trading plan defining the precise entry, stop and exit levels.

You can download here the Powerpoint Presentation of that webinar.

PART 2 OF THIS MONTHLY WEBINAR WAS NOT RECORDED

Advanced Forex Trading: Momentum Versus Reversals Within Indicators

Expert: Mark Whistler, Senior Market Strategist at TradingMarkets.com
Moderator: Maud Gilson

Summary:
So many trades often mistake "stock indicators" as tools to spot reversals; however, with the proper trend analysis, traders will find that momentum is easily derived from many common indicators. During this special Webinar, Whistler will show traders how to spot short-term momentum within markets... For quick trades in volatile markets built on speed.

High-Probability Forex Pattern Trading

Expert: James Chen, Chief Technical Analyst at FX Solutions
Moderator: Maud Gilson

Summary:
Learn the highest probability chart pattern setups that occur on a frequent basis in the Forex market. Discover how to maximize profit potential while minimizing risk parameters. Find out why many technical Forex traders rely heavily upon a small subset of high-probability chart patterns to dictate their trading decisions.