An illustration accelerates understanding.
It makes visual learning via demonstration powerful. Agree?
Besides:
Why bother with a long-winded technical dissertation - when you want to see how you can improve entry and exit timing to:
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Overcome entering too early - or too late.
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Avoid being a victim of predatory algorithmic trading.
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Hang on to your profits and not give them back.
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Remove some of the uncertainty of trading to reduce anxiety and stress.
But it Makes No Sense!
Tell me:
Ever looked at an active price DOM/Price-Ladder/Depth-Of-Market in attempts to 'read-the-tape' - only to conclude:
"That Makes No Sense Whatsoever "
Well guess what?
In isolation - that's exactly right.
But if:
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You have a framework to determine trading boundaries - like playing fields for sports - think in-bounds and out-of-bounds.
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And rationale for entering into trades based on unique evidence the crowd isn't aware of...
Then:
Suddenly the additional layering of the DOM gives you insight for tactical precision to overcome problems listed above.
Plus:
You're joining the ranks of professional traders who's ability to use the DOM is vital to their success.
Watch the footage and see how the DOM gives you greater insights into the timing of your trading.
Forex and derivatives trading is a highly competitive and often extremely fast-paced environment. It only rewards individuals who attain the required level of skill and expertise to compete. Past performance is not indicative of future results. There is a substantial risk of loss to unskilled and inexperienced players. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent
Editors’ Picks
EUR/USD climbs toward 1.1800 as US employment data weighs on USD
EUR/USD gains traction and rises toward 1.1800 in the second half of the day on Tuesday. The US Dollar weakens and helps the pair stretch higher after the employment report showed that Nonfarm Payrolls declined by 105,000 in October before rising by 64,000 in November.
GBP/USD clings to gains above 1.3400
GBP/USD stays in positive territory above 1.3400 on Tuesday. The British Pound benefits from upbeat PMI data, while the US Dollar struggles to find demand following the mixed employment figures, allowing the pair to hold its ground.
Japanese Yen seems poised to appreciate further; awaits BoJ decision on Friday
The Japanese Yen maintains its bid tone through the first half of the European session on Tuesday which, along with a bearish US Dollar, keeps the USD/JPY pair depressed below the 155.00 psychological mark. The growing acceptance that the Bank of Japan will raise interest rates this week turns out to be a key factor behind the safe-haven JPY's outperformance.
Editors’ Picks
US Dollar weakens after mixed Nonfarm Payrolls data – LIVE
The US Bureau of Labor Statistics announced on Tuesday that Nonfarm Payrolls (NFP) rose by 64,000 in November. The report also showed that NFP declined by 105,000 in October, while the Unemployment Rate rose to 4.6% in November, causing the US Dollar to come under renewed bearish pressure.
EUR/USD climbs toward 1.1800 as US employment data weighs on USD
EUR/USD gains traction and rises toward 1.1800 in the second half of the day on Tuesday. The US Dollar weakens and helps the pair stretch higher after the employment report showed that Nonfarm Payrolls declined by 105,000 in October before rising by 64,000 in November.
GBP/USD clings to gains above 1.3400
GBP/USD stays in positive territory above 1.3400 on Tuesday. The British Pound benefits from upbeat PMI data, while the US Dollar struggles to find demand following the mixed employment figures, allowing the pair to hold its ground.
Gold recovers to $4,300 area as markets assess US jobs data
Gold reverses its direction and recovers to the $4,300 area after spending the first half of the day under bearish pressure. The renewed US Dollar weakness after the jobs report showed that the Unemployment Rate climbed to 4.6% in November helps XAU/USD erase its losses.
Ukraine-Russia in the spotlight once again
Since the start of the week, gold’s price has moved lower, but has yet to erase the gains made last week. In today’s report we intend to focus on the newest round of peace talks between Russia and Ukraine, whilst noting the release of the US Employment data later on day and end our report with an update in regards to the tensions brewing in Venezuela.
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The challenge: Timing the market and trader psychology
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