When to trade fx
FOREX TUTORIAL - Forex Trading Strategy - Trading Forex for Beginners!
hello everyone! welcome back to my channel to my new video right here
and today guess what we're gonna work on forex
so this video is tutorial for you guys if you have some questions
don't forget ask me let them on your comments and of
course under this video there are some useful tips and links for
you so don't be lazy to click on them read
the information and check this out okay
so what we have to do right now right now i'm gonna click right here
and here we have the list of trading instruments and right now i'm gonna
briefly if you words tell you what
is it actually so crypto okay we see right here uh actually
cryptocurrency chart tracks the movements of hundreds of
cryptocurrencies okay cfd is a treatable instrument that
mirrors the movements of the asset underlying e so
remember that it is trading instrument uh digital actually digital is
an option whose payout is fixed after the underlying
stock exceeds strike price option actually it is financial
option in which payoff is either some fixed monetary amount or nothing at all
with the loss of the original investment and forex the last one i guess that
everyone knows about it that works this is the largest exchange market
in which currencies are three and i'm gonna work
with and on it okay four eggs i'm gonna choose hero usd
excuse me i just won't be always beautiful for you okay
um uh the next thing that we need to do oh i forgot that we need
right here it's like the appropriate asset
and the next step it is we have to set up
the amount in my case it is one hundred dollars
the next to to choose the up to shoot the appropriate multiplier
and auto closing you can see all the numbers all the settings right here
and that's not all we're gonna work with rsi indicator you may choose the
other indicator that you like okay i'm gonna change period will
be 16. thickness
medium overbought 75 medium over salt 32
medium and apply and right now i'm gonna remember you how you can work
with rsi indicator uh we have two levels green level red
level and the moving average of the trend is
purple line so when we see for example that purple line crosses
the green level and the direction is growing up
remember everything depends uh on the direction
that is good moment for buying call option when we see that moving average
is falling down and crosses red level that is good moment for buying
put option only two actions and right now i've just
bought put option you see and but the difference working on forex
is that you uh close your deal by yourself of course you may
close the video how out i was closing okay but here
you can close it by yourself but it's just like a long-term position
and you need time you may wait for a while you mean you
may wait 8 minutes 20 minutes 30 minutes 2 hours
i don't know it depends on the market on the direction of the movement of the
market exactly at the moment okay so
uh but these are basically things that you need to know for each
beginner working on forex okay
so uh i don't know i guess that i will wait for a while i will talk for you
with you and if uh if i get something that will be good
but if it takes much time i guess that um
i won't be sitting so much time right here
so remember that you may watch all the previous
video about indicators and strategies in my channel
don't forget to click on the bell design bottom because
i assure you that you will see all the my late all my latest
video okay uh and don't forget ask me something you
will share with me with your favorite strategy
um i don't know even platform why not or uh some use um
working on use for you okay and preferences working on
forex so um and also you may uh
work with alligator indicator i mean on forks
you might choose alligator macd cci i don't know rsi what we have let's see
parabolic star macd you might choose two indicators
why not but uh you have to set the appropriate settings okay
and that will be better for you that won't be enough but it will be betting
better so i guess that okay so it takes much time
uh i just wanna say thank you for your attention
and i wish you good luck working on forex
see you on the next time bye
