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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:04:04,003 --> 00:04:06,443 going to talk about what we trade and how we trade them 2 00:03:42,743 --> 00:03:45,783 and then the market pulls back down temporarily and then 3 00:03:22,983 --> 00:03:27,663 this but for now, think of liquidity as orders, okay? How 4 00:03:20,503 --> 00:03:22,983 waiting at that level. You're going to learn much more about 5 00:03:15,263 --> 00:03:18,463 orders in the market. Now, if I say we have liquidity somewhere 6 00:04:09,243 --> 00:04:12,163 we can trade and we will of course also talk about those 7 00:04:06,443 --> 00:04:09,243 okay talk about currency pairs the different directions that 8 00:03:27,663 --> 00:03:30,863 many buyers or sellers are active in a market at a 9 00:03:58,683 --> 00:04:00,763 actually go into the course just so you don't get confused 10 00:02:58,563 --> 00:03:01,483 volume we generally have high volatility. Uh volatility 11 00:02:28,003 --> 00:02:31,363 we've got multiple reasons to enter a trade and we do need 12 00:04:00,763 --> 00:04:04,003 when I do start talking about it so in the next video we're 13 00:03:51,163 --> 00:03:55,643 that is essentially the basic Forex terminology that we need 14 00:02:22,483 --> 00:02:24,643 we have one confluence that means there's one reason to 15 00:03:45,783 --> 00:03:51,163 continues higher, that pull back down is a retracement. So 16 00:03:55,643 --> 00:03:58,683 to talk about and need to get familiar with before we 17 00:02:24,643 --> 00:02:28,003 enter a trade. If I say we have multiple confluences that means 18 00:03:39,783 --> 00:03:42,743 in the market. So, if we have a market that is going up overall 19 00:03:36,343 --> 00:03:39,783 this one, a retracement is a pullback in the overall trend 20 00:01:58,763 --> 00:02:02,363 that's going to be called an intra day trade okay so it's in 21 00:03:30,863 --> 00:03:36,343 specific zone or or level and finally, a retracement. So, 22 00:01:48,483 --> 00:01:51,883 is not a trade that we're in for a long period of time a 23 00:03:04,003 --> 00:03:07,283 volatility in a market there are a lot of pushes up and 24 00:01:42,643 --> 00:01:44,763 going to get confused when I start talking about long and 25 00:02:38,843 --> 00:02:45,243 enter or not enter a trade. So volume, we spoke about volume 26 00:03:07,283 --> 00:03:10,163 down. If we got low volatility the market is generally moving 27 00:03:10,163 --> 00:03:15,263 sideways. So liquidity very similar. Liquidity refers to 28 00:03:01,483 --> 00:03:04,003 pretty much refers to price swings. So if we've got high 29 00:02:55,643 --> 00:02:58,563 volume and volatility come hand in hand now when we've got high 30 00:02:48,563 --> 00:02:51,723 volume is the market trading activity. So the amount of 31 00:02:31,363 --> 00:02:35,083 multiple confluences to actually enter a position. So 32 00:03:18,463 --> 00:03:20,503 in the market, there means there is a lot of orders 33 00:01:06,023 --> 00:01:09,343 now just understand that pips are how we measure changes in 34 00:02:51,723 --> 00:02:55,643 participants, the amount of active trades in a market. Um 35 00:02:45,243 --> 00:02:48,563 in the previous video briefly. Um as to not confuse anyone, 36 00:02:35,083 --> 00:02:38,843 that's what a confluence is. It's just simply a reason to 37 00:00:28,683 --> 00:00:31,243 when we actually get into the learning. So before we actually 38 00:00:25,923 --> 00:00:28,683 in the previous video. And I don't want to confuse anyone 39 00:01:51,883 --> 00:01:55,203 short trade is not a short term trade okay if we are talking 40 00:01:44,763 --> 00:01:48,483 short now it doesn't actually refer to times so a long trade 41 00:01:25,183 --> 00:01:28,903 selling a currency okay so we have long trades and short 42 00:00:12,003 --> 00:00:15,003 some of the market terminology that we will be encountering 43 00:02:16,363 --> 00:02:18,603 that we need to talk about because I'm going to say a lot. 44 00:02:07,023 --> 00:02:10,103 frames. We're talking about the direction which is a sell 45 00:02:18,603 --> 00:02:22,483 A confluence is a reason to enter a trade. Now when I say 46 00:02:10,103 --> 00:02:16,363 trait. So we also have got then confluence. Now this is one 47 00:02:02,363 --> 00:02:07,023 intra day. Um when we say short we are not talking about time 48 00:01:55,203 --> 00:01:58,763 about an intra day well a trade that happens within one day 49 00:01:37,523 --> 00:01:40,563 I'm often going to use the word long and short instead of buy 50 00:04:12,163 --> 00:04:16,083 pips so I'll see you over in the next video 51 00:00:59,583 --> 00:01:02,023 a little bit deeper into pips and I'm going to show you how 52 00:00:53,063 --> 00:00:56,343 how we measure profits. So it's how we measure changes in 53 00:00:47,023 --> 00:00:50,183 here are a few of them. We'll start out from the top. So 54 00:01:34,643 --> 00:01:37,523 get that out the way because it's ingrained in my mind now 55 00:00:56,343 --> 00:00:59,583 currency values. Now in the next video we are going to talk 56 00:01:40,563 --> 00:01:42,643 and sell so if you get familiar with that now you're not 57 00:01:28,903 --> 00:01:34,643 trades and that is a buy trade and a sell trade important to 58 00:01:22,463 --> 00:01:25,183 now on the flip side of that if I say short that means we're 59 00:01:19,343 --> 00:01:22,463 market so when I say long I mean we are buying a currency 60 00:00:33,283 --> 00:00:38,043 talk about some of this market terminology. So there's not too 61 00:00:43,423 --> 00:00:47,023 market jargon terms that we need to get familiar with and 62 00:01:09,343 --> 00:01:15,543 currency values. So we've got long which is a reference to a 63 00:01:15,543 --> 00:01:19,343 buy trade okay if we buy a market we go long in that 64 00:01:02,023 --> 00:01:06,023 pips work and what one pip is, how to measure pips. But for 65 00:00:38,043 --> 00:00:43,423 much to discuss. There are a few things. Um a few different 66 00:00:50,183 --> 00:00:53,063 pips. Now pips you'll hear quite a lot. This is actually 67 00:00:21,763 --> 00:00:25,923 may not have seen before. Um we did speak volume and volatility 68 00:00:15,003 --> 00:00:18,723 throughout the rest of the course. So there are various 69 00:00:31,243 --> 00:00:33,283 do dive into that, before we dive into the course, we will 70 00:00:18,723 --> 00:00:21,763 Forex and trading related terms that if you are a beginner you 71 00:00:09,343 --> 00:00:12,003 Right so in this video we're going to be talking through 6645

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