Lex van Dam – Lex’s Technical Trading Strategies for FX
Archive : Lex van Dam – Lex’s Technical Trading Strategies for FX
We spend a lot of time in 5-Step-Trade® FX discussing how to uncover solid trading ideas and how to analyze them to determine whether they make sense from a fundamental standpoint. Only then do we look at charts for further reasons to trade or avoid trading before moving on to trading psychology and risk management. Lex’s Favorite Technical Trading Strategies For FX rely heavily on technical indicators and currency charts. Fundamentals are mostly immaterial when it comes to trading setups; it is all about price action.
Lex’s Favorite Technical Trading Strategies For FX begins with outlining the many sorts of traders in the market so you can determine what type of trader you are. We will next go over a number of technical indicators that Lex employs. We’ll look at how they’re derived and what they actually mean. This will lead to the main purpose of this course, which is to share twelve of Lex’s favorite trade setups. They assist to make trading less emotional and more objective, and most importantly, Lex utilizes them to produce actual transactions. This approach is relevant not just to currencies, but also to commodities and indexes.
A workbook is also included with this course.
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