Comments for Learn Forex Trading Online

Comment on Trading Strategy Part 1 by ipctec

ipctec — Thu, 03 Dec 2009 21:04:57 +0000

good work !

Comment on Trading Strategy Part 1 by Mrbignutzful

Mrbignutzful — Thu, 03 Dec 2009 21:04:57 +0000

Excellent explanation and tips!!!
Thank you for sharing!!

Comment on Trading Strategy Part 1 by nisshenvj

nisshenvj — Thu, 03 Dec 2009 21:04:57 +0000

Lance, I am a novice investor I am not sure whether you will reply to my queries.
1. Usually when the market opens the trend varies That means a chart can only be obtained after the days closing. So how can we find a entry trigger and stop other than speculation??

2. From other videos I came across the words like 5 ,15,30mins candles, 100/200 days moving average, , Would you be able to give some about what is this?

Comment on Trading Strategy Part 1 by YourTradingCoach

YourTradingCoach — Thu, 03 Dec 2009 21:04:57 +0000

Hi nisshenvj,
Thanks for your comment. The best way to answer your question (cause YouTube only allows 500 character responses and it’ll need a LOT more than that) is to recommend some basic trading & TA books. Something like Alexander Elder’s Trading for a Living, or Martin Pring’s Introduction to Technical Analysis. Or search online – there’s lots of info there. The ‘babypips (dot) com’ site has a good forex based education, although the TA is applicable to all markets.
Cheers,
Lance.

Comment on Trading Strategy Part 1 by bripowered

bripowered — Thu, 03 Dec 2009 21:04:57 +0000

what are the parameter settings on your stochastic oscillator and your bands?

Comment on Trading Strategy Part 1 by bripowered

bripowered — Thu, 03 Dec 2009 21:04:57 +0000

Also..what time frame is being used in this example?

Comment on Trading Strategy Part 1 by YourTradingCoach

YourTradingCoach — Thu, 03 Dec 2009 21:04:57 +0000

Hi bripowered,

Thanks for your questions. Unfortunately I don’t know the timeframe or indicator parameters from this example. The fact is that I don’t trade with bollinger bands or stochastic. These were simply used in this video to demonstrate the concept . As mentioned, my strategy is outined in video part 2 (high level concept only).

Happy trading,
Lance.