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How To Draw Bat Harmonic Pattern In this simple lesson, we will learn together how to draw a bat pattern
About the School of Harmonic Analysis
The harmonic analysis school is about certain patterns that occur on the chart that give an indication of a reversal in the trend, using Fibonacci ratios, and it is considered one of the most important schools in technical analysis that many analysts rely on in the world.
The school consists of more than one model, but in brief, we will learn the most important and most frequent models on the chart.
Today with the first pattern, which is the bat pattern.. Please follow the instructions on the chart and for any questions, please put a comment
How To Be Success Trader II Lesson 11 - You must learn analysis and basics well, such as knowing important terms such as margin, leverage, lot, point, pairs and the relationship between them, the meaning of indicators and commodities and how to calculate the point,, and then delve into technical analysis and study the basics such as trend lines, supports, resistances, Fibonacci, price action and patterns
2- You must create a successful and good trading plan for yourself and you must take into account the trading times, the fixed strategy you will work with, the choice of pairs and the time frame that you will work on.
3- You must first practice on a demo account, preferably with the same amount of capital that you will deposit in your account later, so that you can know the measure of your profit and loss and better test your psychology and strategy.
4- Do not use hedging (hedging is buying and selling at the same time on the same pair)
5- You should be a good watcher of the news, because there is strong news that you should avoid trading while it is being issued in order to preserve your capital.
Lesson 2 II What is The Levreage ?Leverage is a tool provided to you by the forex company or your trading company, and this tool inflates your capital so that you can deal in the forex market
In other words, if the leverage is 1:10, then every $1 in your account equals $10 in buying value in the forex market.
And if the leverage is 1:500, that means that every $1 in your account equals $500 purchasing power in the forex market.
Therefore, you can start in the forex market with a small capital, starting from $50, with a leverage of 1:500, which gives you purchasing power as if your capital is equal to $25,000.
Lesson 1 II What is The Forex Trading ?In this short lesson, we learn what the forex market is!
The forex market is the currency trading market, in which you can buy and sell currencies against each other and profit from the price differences,,
Simply put, all people have used forex, when you go to an exchange shop while you are traveling to a foreign country, to change your currency for the currency of the country, this process is called forex
You can start in the forex market starting from $ 50 and you can make a profit, but you must learn first
Some Details For Forex Market :
- Daily Volume Trading 6.6 Trillion $
- You Can Start From 50$
- You Trading From Home - Phone - Labtop - Ipad
- Forex Market Work 5 Days In Week 24 Hour's
- We Work In Forex With Leverage ,, So U Can Make Profit From Little Capital And we Will Make Lesson For Explain The Leverage .
Follow Us To More Education And Course's
Happy Trading
Gold -- 2 Scenario -- Full Setup We noticed in the previous period a wave of instability in gold prices and the movement in a transverse range between the levels of 1810 and 1780, before deciding to buy or sell, we must wait for the breach of one of the trends shown in the graphic. Either to break the downtrend and complete the uptrend until 1920 or to break the uptrend and drop to 1680 levels.