I’m Markus Heitkoetter and I’ve been an active trader for over 20 years. I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails. They start trading and realize it doesn’t work this way. The purpose of these articles is to show you the trading strategies and tools that I personally use to trade...
As a finance trader, we should not trade the charts but a system. The Elliott Wave Forecast chart is a map that our analysts pull up as the most likable path, considering count, correlation, pivot, distribution etc, mainly. A chart describes what happened in order to project price action into the right part of the chart.
For many beginner traders, there are usually some questions around spreads and how some accounts have low spreads and some accounts have high spreads. In this article, we will cover what spread and pips are to get a better understanding of these concepts. A spread is defined as the difference between the bid and ask price of a currency pair. It is usually measured in pips, which is the smallest unit of price movement of a currency pair.
In this live forex swing trade video you will learn how to trade the markets (forex, futures, stocks) when the market is moving sideways, in the range. When you see sideways price action, and when the price is bouncing from major support or resistance zones, you want to pay attention especially when the market was moving into support or resistance stronly without any bigger retracement on the way.