Course by Craig Harris Free Download – Includes Verified Content:
Craig Harris Forex Education and Indicators
I wish I had someone to walk me through the fundamentals of Forex trading when I first started eight years ago. For example, it required
It took me some time to realize that brokerages want you to trade through their companies, which is why they provide a variety of free training signals and alerts. However, they take the opposing side in every transaction (THEY TRADE AGAINST YOU), which they fail to disclose to you.
To put it another way, they lose if you win, so it’s better for them if you lose so they can win. Re-quotes, dealing station delays, and maybe no response to your trade entry are all consequences of this. All of which ultimately result in financial loss.
Thankfully, the trader has a few choices. Numerous banks and brokerages have ceased this practice and are truthful about your entries and exits. You must look around to locate those banks and brokerages.
Using what are known as introducing brokers (IBs) is another method to guarantee quality fills. These are stand-alone companies that concurrently represent multiple traders. By doing this, they gain influence over the banks and brokerages because, although they may ignore you as an individual, they won’t ignore hundreds of traders since there is safety in numbers. In most cases, these IBs have identified the top banks and brokerages to work with, saving you a great deal of trouble. You may then try them out for yourself. Because banks and brokerages prefer to deal with larger groups rather than one-offs, you are represented and there is no cost to you. The IBs are paid by the banks and brokerages to refer business to them, saving you the trouble.
If you plan to trade through a brokerage, there are more tactics you should be aware of; I go into greater depth about these on my blog. Visit my blog! Please don’t hesitate to ask me any questions you may have about Forex trading; with my eight years of expertise, I can significantly reduce your learning curve and help you become a more successful trader.
O.K. NEXT…
It would be ideal if you had the MT4 platform downloaded so you could begin practicing what I am showing you on the charts. Installing the indicators is the next step after installing the MT4 platform. Support/Resistance, Fractals, and Slow Stochastics (SS) with an 8 3 3 setting are the indicators I use for the swH/L trade. Please feel free to use the Support/Resistance and SS indicators on your charts; I have included them. The set of charting indicators already includes the Fractals.
You can now access your charts after installing your indicators, select Custom Indicators from the Navigator, and add them. I call this tradeable method the swH/L Trade, and I use it every day. It is provided by the swH/L Video, the Oscillator Video, and the Big Number (BN) Video. Even the newest novice will understand the oscillator video because it is straightforward. It is the following of the THREE elements that must be taken into account whenever you want to make a trade. To ensure that you understand, watch the swH/L video once more and this oscillator video a few times. Start keeping an eye on the market’s natural up-and-down flow in connection to swings and search for agreement with the SS.
Additionally, as I mastered this trade, I became consistently profitable, which is when our lifestyle truly altered. While on vacation, I knew how to make money. Instead of returning home after a weekend trip or even a few days because I had to go to work, my wife and I began to spend more time away from home. I could enjoy myself for ten to fourteen days without worrying about the expenses. I just did not need to make a fortune every day because of the Forex’s leverage. All I had to do was consistently take 40 pips every day.
For the Swing High/Swing Low trade, the Big Numbers Video will assist in connecting the oscillator and swings. I would want to add a disclaimer here: Please remember that the tools I’m offering you are meant to be used in conjunction with your trade selections. Trading is made up of several components. In order to execute a trade, we employ tools such as indicators, fibs, oscillators, news, the Tokyo Channel, money management formulas, and even entry points like stop losses and BNs. They are not actually trading strategies, but they do have rules.
That’s the second aspect of trading: understanding what to do if a deal goes against you and you’re stopped out of it, as well as knowing how to use the information you just purchased to calculate your loss and get your money back. accepting the loss without fear. being aware of what to do in a volatile market. being able to identify the day’s and the session’s trends. Knowing the psychology of fear and greed that motivates everyone, including yourself, in addition to the Natural Flow. You can countertrend trade inside the market’s natural flow if you know the market well enough. being aware that you can enter the market at any moment and in any direction, and that you can exit it with a profit in a single trade or two.
Natural Flow, many strategies, experience, trading sessions, time of day, ranges, price action, and even confidence are all related to the counterparts of each tool I’m going to provide you. I’m referring to your trading blueprint here. The vast majority of traders DON’T understand it because of this. It takes years of trading to grasp this; it is not something you can acquire quickly, even in a matter of weeks or months. You haven’t been trading long enough if this doesn’t make sense to you. Don’t worry, most people are in the same situation. For most people, this is the most difficult element to comprehend: You don’t know what you don’t know!
There is only one way to reduce the learning curve if you truly want to improve your lifestyle, your job, or your ability to make a high six-figure salary without taking years to achieve. How can one actually become proficient at what they do?
…Experience …
No number of books, seminars, courses, or signal services can replace someone who walks you through the process of repeatedly sharing their experience. Without years of face time, trading is not something you can acquire on your own. Keep in mind that you have no idea what you don’t know. You will therefore need to decide whether to learn from an experienced trader, be willing to trade for at least 20 hours a week for a number of years, or QUIT because everything else is a waste of time and money. It’s a waste of money and time! You’ll be shocked to learn how many people are just like you when we finish the survey, which is coming up soon.
Please watch all 4 videos several times. This swH/L Trade is an Entry Technique that I use every day. It is a tool that makes Trade Entries Mechanical. It is not a Trade Strategy. Trade Strategies include other factors like:
Trend Identification, Session Identification, Trade Time
Identification, Tokyo Channel Identification, Risk/Money Management
Identification, and News Identification.
Having said that, you should be able to make 40 pips a day if you practice trading with the market’s natural up and down flow. I would advise you to stop trading as soon as you receive your 40 pip reward without considering any other aspects of trading. You will lose if you overtrade without the necessary understanding. You will have a trading blueprint and be able to develop your account at an exponential rate once you have mastered the strategical aspects of trading, or the mental side.
