Beginners Guide to Trading Forex in 2024 (3+ Hours)
Learn the most profitable skill and start making anywhere from $,4,000 to $6,000 per month: https://swingtradinglab.com/yt
FREE TELEGRAM: https://swingtradinglab.com/yt-tg
Remove everything you’ve learned about forex trading from your mind, because this is the complete guide to trade forex for beginners, even if you have never seen a graph or a candlestick before.
I will explain everything from the fundamentals to how to take a Trade, and I will provide you with all the information and guidance you need to enter the exciting world of trading.
I will teach you step-by-step how to understand charts, identify patterns, manage risks and make informed decisions, among many other things.
Additionally, I’ll literally open and close a trade with you in the spot, so you can follow my steps and take your first trade too.
This guide is designed to give you a solid foundation so you can start trading with confidence and security.
Beginners Guide to Trading Forex in 2024 (3+ Hours)
00:00 Intro
00:11 What is Trading?
14:19 Forex Trading
17:12 Trading Tools
18:18 Trading View
24:11 Fibonacci Area
26:43 Projection Section
27:17 The Brushes
28:14 Text and notes section
30:00 Drawing in the chart
52:39 Position Size Calculator
58:05 Forex factory
01:03:06 Meta Trader 4 and Meta Trader 5
01:12:43 Different Types of Trading
01:13:04 Price Action Trading
01:14:30 Market Sentiment
01:16:22 Fundamental Analysis
01:18:04 Chart Time
01:19:54 Trend
01:22:34 Market structure
01:34:24 Support and resistance
01:41:07 Round Psychological level
01:44:37 Candlesticks
01:50:21 How to read Candlesticks
01:52:12 Head And Shoulder patter
01:53:48 Inverted Heard & Shoulder pattern
01:56:24 Indicators
02:01:01 EMA indicator
02:01:15 RSI indicator
02:01:32 The Price is Too High or Low
02:02:50 Fibonacci Retracement
02:07:39 Back testing
02:13:12 How to Actually Take a Trade
02:13:51 What is a PIP
02:44:00 Trading Sessions
02:54:03 What is Leverage
02:55:52 Trading Psychology
02:59:24 6 Trading Psychology Rules
03:17:18 Start Trading Step by Step (Take a trade with me)
STANDARD DISCLAIMER:
The foreign exchange market and currency trading is highly speculative in nature and as such, currency prices may become extremely volatile. You may sustain a total loss of your funds.
Foreign exchange trading carries a high level of risk and may not be suitable for all investors. Always consult a financial professional before making any investment decisions.
It is possible you will sustain a loss of some or all of your initial investment. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results.
Individual results vary and no representation is made that you will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Swing Trading Lab LLC and/or Alex Gonzalez.
For further information, please review our Terms of Use, Privacy Policy, and Risk Disclosures.
CFTC RULE 4.41- Hypothetical or simulated performance results have certain limitations.
Unlike an actual performance record, simulated results do not represent actual trading.
Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, including but not limited to, lack of liquidity.
Simulated trading programs in general, are also subject to the fact that they are designed with the benefit of hindsight.
No representation is being made that any account will or is likely to achieve profit or losses similar to those depicted on the swingtradinglab.co website.
')){kind=link}
Thank you very much β€β€β€ its simple, easy to understand β€β€β€
58:52 wouldnβt the news be a big factor in the prices? If so why wouldnβt you take that into account when thinking of buying/selling to get an edge?
Keep it up the Great working you Doing I am learning it from you Set and Forget Strategy
You are The Best Teacher I ever Found on forex Trading Videos
like for the best trading analogies in the game>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
If I choose Oanda, should I use the MT4 provided on their platform, or should I use the one I already downloaded on my phone? If I should stick with my own, can you tell me how to link it to my Oanda?
Hey, What's the EMA you're using.
Absolute legend you are mate and definitely the only trader anyone needs to follow, Thanks for the content Alex you're a gem π
Thanks bro, Kudos to you!πππ―
You mantioned during the video that you going to talk about funded challanges, but i think you forgot that topic. Super usefull video anyways. Thankyou
Best informative video on trading the Foriegn Exchange Market. You will valuable gems "Beginning to End".
Where do i plug in my trade now. Meta Trader 4 and 5 is not available for US citizens ???
Yes bro. We have all actually participated in this currency exchange participation. π!
Dude this was so clear. Thanks for this. How much for mentorship?
Really appreciate the time taken to make this video.
watched the whole dam thing learned alot thanks g
I really love it when I see people sharing vital knowledge like this online. You never know what knowledge you might find online that will change your life.
I'm favoured, Getting my own Truck has always been my Dream for my business. I just acquired 2 recently, earning $32K weekly has been really helpful. I can now give back to the locals in my community and also support Charity Organizations. I really appreciate your videos Fxalexg
Tanks for making this awesome subscribet and is really helps me too get in die future e millioner or. e multimillioner tanks very much
He went so hard on Fib ππππ many respected people find it very useful
Love from India β€
I want to THANK YOU for taking 3 + hours to put this outstanding tutorial. I have recently came across a few trading youtube channels and ever since then I have been hooked in learning everything I need to know about Forex trading. You have explained this in a way that I am able to absorb and am not intimidated with the platforms, etc.
Successful people don't become that way overnight. What most people see as wealth, a great career, purpose is the result of hard work. π€π€