280 likes | 551 Views
Welcome 2. forex2trade INDIA. Yours’ TRADING friends TREND advisors. Search : Free MCX Calls / Forex Trading / MT-4 Settings / Auto Trading Systems/ Technical Analysis Training Visit : http://forex2tradeindia.weebly.com/ Mail : forex2tradeindia@yahoo.com
E N D
Welcome 2 forex2tradeINDIA Yours’ TRADING friends TREND advisors Search : Free MCX Calls / Forex Trading / MT-4 Settings / Auto Trading Systems/ Technical Analysis Training Visit : http://forex2tradeindia.weebly.com/ Mail : forex2tradeindia@yahoo.com Chat : samudralakalpana@yahoo.com Call to us : + 91 98484 42422 Meet us : @ Hyderabad, AP – India. venKEY PRACTICE makes PERFECT
Has this ever happened to you? Is there any WAY 2 SUCCESS ? YES ! We teach u As soon as youBUY the price starts falling… How to improve your Success Rate 80% ++ With TECHNICAL ANALYSIS As soon as you SELL the price starts rising... Means: your Success Rate is < 50% 90% of traders..same opinion venKEY www.forex2tradeindia.weebly.com
Look @ SILVER chart www.forex2tradeindia.weebly.com venKEY
Making Sense of the Market • Follow - CNBC/TV9/other News • Follow - BROKER advice • Follow - FRIENDS Trade • Follow - ADVISOR/Stock Tips • Follow - AUSTORLOGY/Stars YOU should make your OWN DECISION www.forex2tradeindia.weebly.com venKEY
Pitfallsof FOLLOWING others • Make sure of ADVISOR is GOOD • Often advice given on CHANNELS is AFTER the FACT Is they maintining Risk : Reward • Often advice given by BROKER • is AFTER the FACT • What if advice does not reach you in a TIMELY MANNER www.forex2tradeindia.weebly.com venKEY
OK !...CAN I BEAT so called experts ? • Simply…the answer is YES..yes. • If College drop-outs can learn & apply Technicals…so CAN YOU • No need of Mathematical genius/Ph.D If so How can I • Learn Basic concepts of Tech. Analysis • Practice them effectively to improve Success rate www.forex2tradeindia.weebly.com venKEY
Factors affect STOCK prices • World Economy Never CHASE the PRICE These factors may affect Your portfolio • Oil Prices • Natural calamities • Wars • Politics • Change of Governments • Company Management • Demand vs. Supply www.forex2tradeindia.weebly.com venKEY
How ACCURATE technical analysis ? Weather Forecasting - • Can it be 100% Accurate ? • NO, a Sunny day become Rainy Day • factors behind this ? Moving climate ! Technical Analysis - • Can never be 100% accurate ! • Accuracy as high as 85%, if used perfectly • Moving Averages, Support & Resistance www.forex2tradeindia.weebly.com venKEY
Is it helpful…if I am a… • Student/ Fresher/ House-wife • Employee / Unemployed / Business man Yes ! You can trade like… • Long-term Trader / Positional trader • Short-term Trader / Swing Trader • Day Trader / Jobbing Trader • Broker / Advisor / Affiliate /Analyst www.forex2tradeindia.weebly.com venKEY
Reasons not using TECH. ANALYSIS • It does not work • As it is not 100% accurate • It is too complicated for me • But no need of calculations • Software itself give graphical look • I have no time to use • It takes hardly 15 minutes/day - intraday trader • 15-20 minutes / week –Long term trader www.forex2tradeindia.weebly.com venKEY
Good News • Technical Analysis useful for all • Useful for all type of Traders • Useful for all type of Markets What I do • Learn Technical Analysis • Understand concept of Tech. Analysis • Apply to the trades w/o Fear • Be confident & Fix on your strategy www.forex2tradeindia.weebly.com venKEY
Where MONEY going in market Impatient Trader to Patient Trader TRADER INVESTOR Growing Factors Trees/Children Banks/Loans/Property/Business/MFs In MARKET It takes Max. 10-25 yrs. 1-5 Years 3-5 months Some Unsecure Recurring Maint. Risk vs. Reward www.forex2tradeindia.weebly.com venKEY
Market - Stages BULLS (Buyers) BEARS (Sellers) Accumulation Consolidation Distribution Well & Advanced Informed Price/Volume/ Trend followers LESSs & LATER Informed www.forex2tradeindia.weebly.com venKEY
What is a TREND Direction of Market Remember • Up-trend: • Higher Tops & • Higher Bottoms No one can predict/read market movement as it has huge number of different category people in this Vast system • Down-trend: • Lower Tops & • Lower Bottoms Reversal Trend • Choppy-trend (sideways) • equal/near earlier Tops & • Equal/near earlier Bottoms • Drawing Trend Line www.forex2tradeindia.weebly.com venKEY
How to find TREND Trends R friends • Drawing Trend Lines • Finding Trend Reversals Why TREND-lines • Finding current Trend / Visibility Alternative: Candlestick patterns • 8/10 stocks moves on Trend • (improve our success rate) • Breaking trend lines give re-birth to new trend www.forex2tradeindia.weebly.com venKEY
Support & Resistance Memories • Bouncing are – SUPPORT • we see on BOTTOM of chart • Touching ceiling are – RESISTANCE • we see on TOP of chart • Support & Resistance Interchangable • Shows the strength of the price • Either STRONG or WEAK to decide trade • Strength can understand at different price levels • It shows the importance of Historic Price Data www.forex2tradeindia.weebly.com venKEY
Technical Analysis Techniques • Trends • Support & Resistance • Technical Indicators • Basing on PRICE & VOLUME • Mathematical calculations • EMA, SMA, RSI, MACD, Stochastics, ADX, OBV, Bollinger Bonds • Japanese Candlesticks • Classical/Profitable Patterns www.forex2tradeindia.weebly.com venKEY
Simple Moving Average: • Closing prices average of No. of days • Smoothes out the daily movement of price • SMA(5) = Moving average of last 5days closing price Trade with MA crossover BUY & SELL Signals generated when 2 different moving averages crossover BUY SIGNAL - SMA(5) cross over SMA(20/50) SELL SIGNAL - SMA(5) cross below SMA(20/50) If we strictly follow we can double our money within 3 month But it is a LEGGARD indicator works only at High trend www.forex2tradeindia.weebly.com venKEY
Using Technical Indicators: • Understand how to use Technical Indicators • Learn How to avoid false signals • Always use more than 1 indicator before BUY/SELL • Learn which Tech. Indicators works together the best. www.forex2tradeindia.weebly.com venKEY
How to get 80%++ Success rate • Learn Importance of Tech. Analysis • If there was one such GOOD indicator, then the entire world will be rich. • Trading needs mental and physical • conditioning. • Support & Resistance • Following Trend • Use combination of Indicators • Confirm with various Time Frames • Candlesticks • Classical patterns • Learn to detect & avoid false signals www.forex2tradeindia.weebly.com venKEY
FORMULEA for 80%++ Success rate Trend Analysis 80% SUCCESS Support & Resistance Use combination of Indicators CLASSICAL PATTERNS 80%++ SUCCESS Continue www.forex2tradeindia.weebly.com venKEY
Classical Patterns & Profits-1 Continuation & Reversal Head & Shoulders Flags www.forex2tradeindia.weebly.com venKEY
Classical Patterns & Profits -2 Ascending Triangles Symmetrical Descending Diamond www.forex2tradeindia.weebly.com venKEY
Classical Patterns & Profits -3 Cup & handle Rounding Top/Bottom www.forex2tradeindia.weebly.com venKEY
But all u NEED • Failure doesn't mean you have accomplished nothing...... • it does mean you have • LEARNED something - Leave Emotions - Don’t be Greedy It is not that easy & not that Hard either Greed & Fear are the best enemies around us If you know how to use both.. Then u will make MONEY always.. - Stick on Strategy - Use SL. & Trial - Use Charts to Trade - Trade with TREND www.forex2tradeindia.weebly.com venKEY
Yours’ What we GIVE Don’t worry we are with YOU Various Markets inf. Technical Analysis is our Assignment Charts & Indicators Live Support Happy TRADING Ur trade friends Training Material venKEY, SUREsh & praWIN Buy/sell Ind.& EAs Your ‘s SUCCESS STORY begins from here…… Free Trading for FEE www.forex2tradeindia.weebly.com venKEY