Keep Your Trading Simple
To enter this new journey, sign up at GatesFx then call to start your trading class.
Keep Your Trading Simple
Keep it simple and stop switching around to every "new strategy" or "trend." The market has been the same way it's always been, and no "new strategy" is going to make you profitable if you keep changing the fundamental way you trade every week/month. There are hundreds of trading courses out there and tons of information on YouTube. None of it is directed toward a novice trader or a person who knows absolutely nothing about trading but wants to learn. Think about starting a book in the middle. You would be lost on the how and why... Learn the fundamentals and study them.
What you will learn in my trade class
Note: your first class will be 4/5 hours
First Class: (1st hour)
I place you with a trade broker and teach you how to deposit and withdraw your funds. Once you have learned, it's all on you from there.
First Class: (2nd hour)
I teach you what the Forex Market is. A complete breakdown of what you are trading and how to trade it.
First Class: (3rd-5th hour)
Candlestick introduction. Note: YOU CANNOT SUCCESSFULLY TRADE IF YOU DO NOT KNOW HOW TO READ AND UNDERSTAND CANDLES AND CANDLESTICK PATTERNS.
Second Class: Candlestick-Patterns In-Depth class on how they move and the many different types of candlestick patterns.
I teach you the candlesticks and patterns that matter in everyday trading.
Third Class:
The laws of supply and demand are fundamental to trading. You can literally be a successful trader using just supply and demand.
Fourth Class:
Drawing support and resistance levels on a price chart is a fundamental skill for traders to identify potential areas where an asset's price may pause or reverse.
Fifth Class:
These levels are crucial for traders to identify potential entry and exit points, manage risk, and understand future price movements.
Sixth Class:
Price action trading is a method of analyzing financial markets and making trading decisions based solely on the raw movement of price over time. It's a key component of technical analysis and focuses on interpreting market behavior directly from price charts.
Seventh Class:
Multiple time frame analysis is a trading strategy that involves observing a financial instrument across different time frames to gain a comprehensive understanding of market trends and price movements.
Eighth Class:
Trading psychology is crucial for success in the financial markets, focusing on emotional control, discipline, and effective decision-making.
Having a clean trading chart is crucial for effective analysis and decision-making in the trading world. A cluttered chart, overloaded with indicators and extraneous information, can lead to confusion and analysis paralysis, ultimately hindering your ability to make profitable trades. A clean chart allows you to focus on the fundamental elements of trading: price action.
Clean Chart Yes!!! ✅
Cluttered Chart No!!!❌
Economic News
Example: "A ceasefire between Israel and Iran, which calmed geopolitical tensions that had been affecting the market for 12 days."
Example: "His comments and stance on monetary policy and potential interest rate cuts will continue to influence market sentiment."
Example: "US existing home sales increased in May, surpassing expectations, while the S&P Global US Composite PMI indicated a slight cooling in private sector growth but still showed expansion. These data points contribute to the overall economic outlook and impact currency valuations."