Timon Weller – The Zone Trader Training Series
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Description:
The Zone Trader Training Series is a training series, which conveys step by step in a multi part video series how to identify what I refer to as important daily zones on the daily chart and how to trade these areas profitably on the 1 hour chart.
In this training I lead the viewer through a series of important trading processes; filtering and identifying important daily zones, dropping down to the 1 hour chart and evaluating price action candlesticks in these areas looking for a particular type of price action retest pattern, evaluating risk to reward to ensure reward potential is much more than the risk before considering a trade and how to manage a trade after entry.
Overall, by the end of the training, a trader will be much more confident with how to identify important trading zones on the daily chart, know how to evaluate a potential entry within this area on the 1 hour chart, know where to place a stop loss, know when to lock in a trade. Know where to set a target and know how to make sure reward potential is much more than the risk. What I refer to as evaluating risk to reward before considering a trade.
Training Itinerary:
How to Identify a Trading Zone – In video Part One of the training I cover how to identify trading zones on the daily chart.
Duration – 27 Minutes
The Zone Trader Trading Method – In video Part Two of the training I cover what is the Zone Trader Method and what constitutes a valid support zone setup and what constitutes a valid resistance zone setup.
Duration – 9 Minutes
Trading the Zone Trader Method – In video Part Three of the training I take multiple trades with the method, 30 trades in total in order to convey how to trade the method long term. Aspects shown include evaluating trade entry, management and long term target with each of the trades taken.
Forex Trading – Foreign Exchange Course
Want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
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