Highly Successful Traders’ Powerful Advice | Forex Trader Motivation

Find Trending Review Top Searched Forex Event Driven Trading Resources, Highly Successful Traders’ Powerful Advice | Forex Trader Motivation.

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? FREE: The Complete Price Action Strategy Checklist – http://bit.ly/2o5NO0M

In this Forex trader motivation video, you’ll be hearing the top advice from traders interviewed on the Desire To TRADE Podcast. Those are coming from some of the best full-time traders out there!

Watch other videos in this series: https://www.youtube.com/playlist?list=PLwmpbNUnTt6gKTyI6GqMI3LDeAMacq0Ao

Interviews used for this Forex trader motivation video:
– Chris Capre: https://youtu.be/nLT2puua_DE
– Marina Kuperman Villatoro: https://youtu.be/P0V_NbxRUK0
– Chris Claflin: https://youtu.be/tlf8091k-8g
– Michael Toma: https://youtu.be/SjabzsJ9tgs
– Chris Lori: https://www.desiretotrade.com/044/
– Rayner Teo: https://youtu.be/fDWwUhP28ws
– Richard Weissman: https://youtu.be/LOazbh_OfKQ
– Dr. Van Tharp: https://youtu.be/q3ZntH3RM7Y

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// SOCIAL
Forex Trader Community (Facebook Group): http://bit.ly/2esoMYj
Facebook: https://www.facebook.com/desiretotrade/
Twitter: @desiretotrade
IG: @etiennecrete

// TRADING MUST-HAVE RESOURCES
Forex Broker: https://d2t.link/axitrader
Best Platform: https://desiretotrade.com/tradingview
Backtesting Tool: https://desiretotrade.com/soft4fx
VPS (for algo trading): https://desiretotrade.com/vps
Trading Journal: https://desiretotrade.com/journal

// MUSIC
David Cutter Music – http://www.davidcuttermusic.com
Andrew Applepie – https://andrewapplepie.com/

// ABOUT ME
My name is Etienne Crete (from Montreal, Canada). I’m a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.

I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That’s why you can expect more free content from me than what other people charge for!

If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at.

// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.

// AFFILIATE
The camera I use (Canon EOS M6) http://geni.us/9ZQgs
GoPro: http://geni.us/nIXw
The tripod I use: Sirui 3T-35K http://geni.us/lpJq
What I use to edit: Final Cut Pro (Mac)

AFFILIATE LINKS
Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn’t affect you in any way in the checkout process (I’m sometimes even able to arrange a discount for you that is special from other customers).

Forex Event Driven Trading Resources, Highly Successful Traders’ Powerful Advice | Forex Trader Motivation.

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Event-driven service knowledge approach for real-time integration of technological and fundamental evaluation in foreign exchange market

Foreign exchange market is the most fluid economic market and the biggest market on the planet. Foreign exchange market has been evaluated using two separated approaches, technological evaluation and fundamental evaluation. Technical evaluation tries to predict the activity of rates by studying the historical information of the marketplace whereas fundamental evaluation problems basically with the general state of the economy. Relying on one type of evaluation limits the top quality of trading decisions consequently traders normally get understanding into the marketplace by analysing many elements which may affect the marketplace state and the rate activity. This process has come to be significantly challenging because of the huge and alternative number of rates’ components and the quick changes out there dynamics.

This study proposes an event-driven service knowledge approach to respond instantly to any kind of change out there condition by generating trading signals based on different analyses. Targeting the value associated with the information as it gets here, different versions are built to record and refine the information of three money versus US buck in different frequency along with the information of 9 US macroeconomic indicators. The time-series information for both technological and fundamental indicators are designed using man-made semantic network while a knowledge base design is applied to integrate the signals created by time-series versions. The speculative outcomes show a remarkable renovation in the top quality of trading signals using real-time factor to consider of different analyses.

What is a base and quote currency?

A base currency is the very first currency detailed in a forex set, while the 2nd currency is called the quote currency. Foreign exchange trading constantly entails marketing one currency in order to purchase another, which is why it is priced estimate in pairs the rate of a forex set is how much one device of the base currency deserves in the quote currency.

Each currency in the pair is detailed as a three-letter code, which often tends to be developed of two letters that mean the area, and one representing the currency itself. For instance, GBP/USD is a currency set that entails acquiring the Excellent British extra pound and marketing the US buck.

So in the example below, GBP is the base currency and USD is the quote currency. If GBP/USD is trading at 1.35361, after that one extra pound deserves 1.35361 dollars.

If the extra pound rises against the buck, after that a solitary extra pound will certainly be worth much more dollars and the pair’s rate will certainly raise. If it goes down, the pair’s rate will certainly decrease. So if you assume that the base currency in a set is likely to enhance versus the quote currency, you can purchase the pair (going long). If you assume it will certainly damage, you can sell the pair (going short).

To keep things bought, a lot of providers split pairs into the adhering to classifications:

Major pairs:

7 money that make up 80% of global foreign exchange trading. Includes EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD and AUD/USD

Minor pairs:

Much less often traded, these commonly include significant money versus each other as opposed to the US buck. Includes: EUR/GBP, EUR/CHF, GBP/JPY

Exotics:

A major currency versus one from a little or emerging economy. Includes: USD/PLN (US buck vs Polish zloty), GBP/MXN (Sterling vs Mexican peso), EUR/CZK

Regional Pairs:

Pairs categorized by area such as Scandinavia or Australasia. Includes: EUR/NOK (Euro vs Norwegian krona), AUD/NZD (Australian buck vs New Zealand buck), AUD/SGD

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