Free Seminars in Johannesburg, Durban and Cape town
Free 1 Day Seminar
Saturday, 17 March 2018
Hilton Sandton, South Africa
5/9/21 10:00 - 5/9/21 16:00
No. of Guests
138 Rivonia Road, Sandton
Trade Forex using the moving average ribbon
Trading Forex has become a very popular way of investment in recent years. During this seminar we will explore the global markets available to trade through the MT4 platform and develop a technical framework of how to choose which securities to trade.
During the early session we will examine the characteristics of the Forex market and the terminology will be thoroughly explained along with examples. We will then explore the MT4 platform and go through the different instruments available to trade along with the different kind of orders that can be used to execute trades.
The latter session will be focused on identifying which instruments to trade. You have heard of following the trend, well during this session we will look at how to use of a variety of moving averages to time our entry and exit into the trend.
The use of a moving average gives a context to the price action, the advantage of using multiple ones is that they allow to see the full depth of the market: long-term, medium-term and short-term trends. Using the moving average ribbon to view a spectrum of trends we will develop a further understanding of the interaction of different time cycles.
The session will be concluded with live examples on the MT4 platform and the practical application of using the moving average ribbon to execute buy and sell signals.
Know everything you need to know about trading FOREX
Understand the main advantages of FOREX trading
Interpret the price action through the moving average ribbons
Identify strong trending markets
Outline consolidation zones
Understand the interactions of different time cycles