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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