How to identify true breakout in Forex trading | Forex Tutorials And Technical Analysis
If you really want to understand the true breakout in forex then just watch full video properly til end with out skip any part. After finishing your watching this video do the same in your MT4 software and check it in your demo account.
Break out and break down both are vice versa means opposite. When a particular forex pair currency like USDGBP going down for long time and suddenly due to any news or any reason it moves up side then here we can call it 'break out'. Likewise when USDGBP going up side for long time and suddenly due to any news or any reason it moves down side then we can call it 'break down'. Remember, according to time-frame (like 1M, 5M, 15M, 30M, 1HR, 4HR, 1DAY, 1WK, 1MONTH) the break-out or break-down is determined.
Actually I have made this video 'how to find trend in forex market bangla' for bengali forex lovers. This is an introduction of forex (part 2). Here you are able to know how to identify trend and you are able to learn trend reversal with price action. Identifying trend, trend reversal, break out and break down and time-frame these are all inter-related.
Forex is not a easy concept and even it is not a big complex too. It depends on you only that how you can educate yourself. How much you practice for this. You should not watch the video with skipping because every points and moments are very important to understand clearly. Once you can understand this video then you can earn a lot of money from forex market. Nobody can make you loss. If you do not understand any point then feel free to ask your question in the comment box below, I will try to make you understand very clearly as my knowledge and experience on the forex market.
Recently I have started bangla tutorial on technical analysis for the beginners and even advanced forex lovers. In my next videos I will show you 'how to draw a trend line', 'how to identify trend and trend reversal with four/five confirmation of the indicators', 'how to analyze chart pattern', Basically what is support and resistance' and 'why support and resistance is most important', 'how to find out proper stop loss and target with the fib tool', 'candlestick pattern is also another most important part in forex' and 'some best forex trading strategies'.
Forex is not a easy concept and even it is not a big complex too. It depends on you only that how you can educate yourself. How much you practice for this. You should not watch the video with skipping because every points and moments are very important to understand clearly. Once you can understand this video then you can earn a lot of money from forex market. Nobody can make you loss. If you do not understand any point then feel free to ask your question in the comment box below, I will try to make you understand very clearly as my knowledge and experience on the forex market.
Recently I have started bangla tutorial on technical analysis for the beginners and even advanced forex lovers. In my next videos I will show you 'how to draw a trend line', 'how to identify trend and trend reversal with four/five confirmation of the indicators', 'how to analyze chart pattern', Basically what is support and resistance' and 'why support and resistance is most important', 'how to find out proper stop loss and target with the fib tool', 'candlestick pattern is also another most important part in forex' and 'some best forex trading strategies'.
Please note when you are going start trading in forex, always follow the rules and strategies that you have learnt and always trade with proper money management. In forex proper money management I have seen that you can take profit 2% to 5% of your investment and you can take 3% stop loss from your investment. You should take 1 cent lot size per 200$ in your account, so if you want to take 5 cent lot size then you should have 200$ x 5 = 1000$ in your account. likewise 50 cent lot size for 10,000$ and 1$ lot size for 20,000$. You may follow this rules without giving stop loss in your trade. But remember stop loss and stop profit both are equally important. You can take a trade only when you clearly looking one sided strong trend. Take trade 4 to 10 times in a month with looking trend in daily time frame which has been shown in this video.
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