Participating in the forex market as an investor mainly consists of online forex education course, the Forex Coffee Break, I compare these pairs to. Online Forex Trading Course Online Forex Trading Course Andrew Mitchem is a full time Forex trader and Forex Coach with clients all around the World. Each. Our Foundations of Forex Course is designed for beginner and intermediate traders who are looking for an overall guidance in the markets. SPACEX STOCK EXCHANGE Comodo System Utilities be blown away by the capabilities. There are still not to use maximum number of but Young left. Plus, many document not available for.
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Get started for free Getting started is easy and free for 30 days, it takes only few minutes to setup. We had a really good time where we had spectacular weather here in New Zealand, and we took advantage of that, myself and my wife, we flew down to Dunedin, which is close to the bottom of the South Island. I did nearly eight hours of flying in the helicopter, for the week, and I had a great time.
So I hope you had a great break too. Now, something different, a number of things to discuss with you on this week's video on podcast. Broker offers a great incentive The first thing is, I was talking to Ben Clay, over at Blueberry Markets, last weekend.
He's put together a really fantastic offer, which I've never really heard of before. And I thought I'd just share that information with you. If you open a new trading account with Blueberry, between now and the end of April. So you've only got this week to do this. So just check with them the exact terms and conditions. Say that you've seen this video or heard this podcast, and you're interested in their offer.
But I've I heard of a broker before, that's willing to refund a proportion of the losses that you make. So it could be something that's really worth having a look at. Now, I think there's some terms and conditions. Like always, you cannot be an existing client with an existing account, and you cannot be in Australia or an Australian resident. So there's a few things to check through. And again, there's maximum levels of refund, et cetera.
So something very different. I'm going to share this with people who are on my video and podcast list. Inflation continues to soar around the world In other news, you'd have seen that inflation continues to rise around the world. Here in New Zealand, just yesterday, they announced a 6. And that's continuing to happen right around most of the world. I think America's eight something. A lot of countries around the world are getting very, very high inflation levels.
Let's talk about that and more right now. Hey, traders. This is video and podcast number The markets are just chaos Now, the markets are just chaos. That's really what they are. Lots of lines, lots of different indicators, lots of confusion going on, different timeframes, different currency pairs, different system strategies, just utter chaos.
But as a trader, you need to be able to see through that chaos to actually read on the charts what is actually happening, and think, "Well, behind the scenes, what are these charts telling me is happening right now? Are there more sellers in the market? Is this a trade to take or not? How do I know which currency pair to look at? How do I know which timeframe chart to look at? All those type of things.
Utter, utter chaos going on in the market. Doing nothing could be the best thing to do And sometimes, the answer is to do nothing. Give you an example, just today, right now. The 8th of April on the daily charts, we have taken no trades today on the daily charts. Because there are no good setups. We've been through all the forex pairs, all the metals, the indices, commodities, cryptos, everything.
I do not see a single trade today on the daily charts. So, therefore, we've not taken any. We've had a great week so far. We've had four really good days of trading and had some good trades. And therefore, the answer today or the solution today, the strategy is do not take any trades because there are none. Traded the H8 and H12 charts instead However, we're still taking two trades, one on the eight-hour Euro-Aussie and one on the Euro-Hungarian forint on 8-hour and hour that we posted on our membership site for our clients to trade and to learn from.
Well, because out of all the different currency pairs, all the markets, all the timeframes, at the change of day leading into Friday the 8th, those are the only two setups that I see on the charts that are suitable to trade the strategy that I trade.
And therefore, those are the only two that we've passed onto people. Why are they good? Well, they have the candle pattern that we look for. They're bouncing at the right area that we're looking for. They have some stop-loss protection that we're looking for. They have room to move. They're both sell trades.
They have room to move before any next support gets in the way, any previous lows, pivot points, middle Bollinger Bands, all those type of things. So, we see on those two trades, are high-probability setups, and therefore they are the two we've taken. So, we've looked through of all the chaos, we've seen through all the chaos,. In this video: — How to make excellent gains with a small account — The incorrect perceptions — Questions from traders — Losing traders blame the market — What can you do differently?
How to make excellent gains with a small account And I want to explain all about how you can make some exceptional gains and returns through trading the Forex market even if your account is very small. And ultimately your account size today does not matter, but let me explain more.
The incorrect perceptions You see the problem is most people think you need a large account in order to trade and to make money from trading and eventually to make a living from trading. But there's more to it than just that. And let me explain what I mean.
And they think they're going to be able to live on that. And of course you can't. And so therefore to try and make some meaningful money out of that, they start doing silly things. They'll start scalping the market, trading, making a pip or two on one minute or five minute charts. Some people will try news trading. Some people will try what called Martingale, which is when you basically double your position size all the time. And eventually one of those trades will win and make up for all the losses.
Some people trade without stop losses. All these kind of crazy things that people do, which is incorrect trading, but they do it because they have a small account size to start with. So you can see the issue that people have. Questions from traders And I get questions all the time from people and they say, "How much do I need to pay for your course?
Things like that. And people then come to me and go, "Well, how much am I going to make? Right behind me here. I've got a US Singapore 12 hour chart trade open. So I've got three trades open on my account behind me. They're all on the 12 hour charts, all took yesterday, all on our membership site, all posted. And I've had three trades close, three still open.
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