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Day Trading: Ultimate Proven Guide to Profitable Trading, Volume 6
- Mastering MetaTrader 4 (MT4)
- Narrated by: Doug MacKechnie
- Length: 1 hr and 10 mins
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Publisher's Summary
A complete guide that takes you from scratch to finding a proven, profitable system, one that truly suits you.
Forex trading
Ultimate Proven Guide to Profitable Trading
Throughout this series, you will find tools that will let you gain control over your life and more importantly, over your wealth. Concepts ranging from simple definitions, powerful money-management techniques, the right approach and exact trading psychology needed, to the explanation of proven, profitable trading systems - all of these will be covered, letting the series convert into a complete guide to finding your own profitable trading system.
All of these insights will be covered with simple and easy-to-understand language and will let you set, track, and achieve your own profitable trading strategy/system. Every relevant concept you might need in order to launch yourself into Forex trading and more will be covered throughout this series.
The series is not difficult, far from it. It's practical. It's made for everyone. It's concise. It's based on current profitable trading strategies, the correct psychology used, and the already successful money-management techniques. Whether you are already into trading and want to improve your skills and reinforce important concepts or you are a complete beginner and are willing to join us as another successful trader, this series and it's volumes are without a doubt what you are seeking.
As long as you get deeper into the series, you will find its unmatched value.
In this volume, we will be covering the following subjects:
Volume 6 - Mastering MetaTrader 4 (MT4):
- Hammers and shooting stars to reverse a trend
- Impulsive waves with the Elliott waves theory
- What is a Forex broker
- Morning and evening stars in technical analysis
- Corrective waves with the Elliott waves theory
- The role of a Forex broker
- Gaps vs. windows
- Complex corrections explained
- Short introduction to different types of brokerage houses
- Different types of doji candles
- How to trade the extended wave with the Elliott waves theory
- Market makers
- Moving averages to ride trends
- Different types of flat patterns
- ECN and STP explained
- Golden and death crosses in Forex trading
- Different types of zigzags
- Full white label vs. partial white label
- Using the higher highs and lower lows to build a channel
- A triangle’s role in Elliott waves theory
- A-book and B-book
- Classic and dynamic support and resistance levels
- Most important Fibonacci ratios to use when trading with Elliott
- Prime broker vs. executing broker
- Confluence areas in Forex trading
- Trading with the perfect order setup
- How much leverage a broker should provide