All language subtitles for 4. how to analyse fx

and tap into that which is
exactly the journey we're

basis. It's just down to you to
learn how to open yourself up

opportunity that the market
will provide to you on a daily

strategy, I would highly,
highly, highly recommend that

crushed. So, when you are
beginning the journey with the

hybrid approach and we
essentially trade all four of

easy. I'm not here to sell
dreams. This is definitely not

narrowing down the number of
currency pairs that you trade

and specializing in just a few
setups and in just one market

pick one or maybe even three
pairs that they focus on and

instruments or currency pairs
you trade the number of markets

your position trading, it's
unlikely that there will be

you know, all the way to the
other end of that scale is if

just one day on just one
currency pair on its own but

profit that you can necessarily
make for each start of

that's the number of trading
opportunities for each style of

psychology Now, this is not
something that you're just

your lifestyle and your
situation and what is most

develop your own personal
trading plans. Now, if you take

few minutes but generally you
don't hold any positions

from a couple of days up to a
few weeks and they are

which is where you typically
stay in trades anywhere from a

essentially stay in trades
anywhere from just a few

you wish to do so, you can
gradually add layer by layer of

you just focus on one or two
pairs alone so that you can

scalper on the lower time
frames with a very small stop

enter a position with the
accuracy and refinement of a

consistently make money in the
Forex market. All you need is a

at instruments across all asset
classes and taking more of that

cases maybe just two or three
pairs at an absolute maximum so

end where we have the position
traders they will probably look

stock indices for example and
then all the way at the other

so that you don't spread
yourself too thin trying to

contrary to popular of people
outside of the trading

maybe, you know, as well, add
more setups to your arsenal of

help reduce the number of
trading opportunities down to a

day closed here we then open at
that same price level and then

much more manageable amount and
that's the number of

right so there are three main
variables that you can tweak to

the day finishes and closes at
this price level down here as

the bottom wick will represent
the lowest traded price for

comfortable for your own unique
trading personality and

you have position trading which
is generally where you're

setups across the entire market
and if you're trying to look

that many opportunities in an
entire year but more

staying trades anywhere from
couple of weeks to a few months

going to be practically an
unlimited number of trading

strategy which is based on
time. So, scalping, you've

frame there's no way a human
can physically execute this

action on our charts we want to
use something that gives us a

going to be, you know, maybe
even 10 to 50 trading setups in

TradingView toolbar. So
Japanese candlestick bar

a look at this graph, notice on
the Y axis on the left-hand

here where the actual body of
the bar ends now a bearish

goal essentially is you're just
trying to catch and ride that

typically trying to catch a
daily trend and then finally

a really small movement in
price then we have day trading

this wick down here. The very
bottom of that wick represents

this is when macroeconomic
factors tend to affect price

fundamental analysis to your
trading plan if you want to add

involved. All of this behavior
and participation is what

framework. Now, after you've
developed consistency, only if

throughout this program and
your time here at Photon just

putting huge orders through the
market for you know loads of

a professional standard with a
detailed step-by-step

really learn and master your
approach on that specific pair

you will learn and the develop
the skill set to be able to

the price for the time period
that you are looking at. So for

institutions large financial
institutions as well as

dollars in order to actually
make that purchase right? So

time period. Instead we use
something called Japanese can

industry, you do not need to be
aware of fundamentals to

huge risk toward trades. Now,
don't get me wrong, this is not

basically each bar is a
candlestick and it represents

session we then open where the
prior day closed so the prior

into the next way that you can
define and categorize a trading

movements of a swing or even a
position trader for insanely

that we just talked about they
are all affected by the forces

price closed higher than which
it opened. So for instance it

Japanese construction company
and they need to buy thousands

in Photon and myself included
we take a much more sort of

stick charts which you can
access here at the top of your

price chart and with sound
technical analysis skills and a

of tons of timber from Canada.
Then they're going to need to

and I promise you will be blown
away by the abundance of

many reasons or with their own
you know emotions and agendas

that forms price patterns that
stretch over extended periods

loss size but to then hold and
target the larger price

of time and can be used to make
high probability forecast of

interaction of buyers and
sellers with that order flow

prepared for some limiting
beliefs to be absolutely

how truly effective the
strategy is. So, please be

where price may move in the
future. To study that price

really specialize in. Then,
swing traders, they may look at

exchange a large amount of
Japanese yen for Canadian

potentially look at multiple
different markets and you can

stocks, indices, commodities,
features, and currencies

in your trading plan if you
prefer the shorter time frames

strategies. So, a lot of day
traders, they will tend to just

profit. If you're scalping on
the second time frame, there's

patterns repeat themselves over
and over time and time again.

compensate for this by then
trading more pairs. You can

compared to day trading for
example but you can also

trade commodity and stocks as
well as Forex for example and

they then go and approach the
dealing desks at large banks to

10 to 30 pairs, potentially
plus a few commodities and

something that is going to
happen overnight but you'll see

opportunities doesn't
necessarily equate to more

those time-based styles but on
just one pair alone or in some

training, right? So If you're
scalping, there's probably

trading opportunities through
the study of that price

facilitate that transaction on
their behalf. So BFIs banks and

independent retail traders such
as us and all of those above

going to know instantly. You
might have, you know, a bit of

time and experience. Don't
worry for now, we'll talk about

then you may need to
accommodate for this by

competing with each other to
get the best possible price.

macro traders. They trade on a
much longer term horizon as

side of the graph, that it says
the number of trades. So,

all of the currency pairs at
once on the 15 seconds time

movement and volume from that
battle between buyers and

relative strength of countries
such as interest rates

trading which is obviously no
the same as the amount of

sort of wider portfolio
approach now the majority of us

but this is something that you
will kind of soon realize with

on any time frame but the the
important thing is is that you

movements on a much longer-term
scale which brings us nicely

this in a lot more depth when
we start to build out and

then we have swing traders and
they stay in trades anywhere

yes, the longer times will give
you fewer trading opportunities

an inclination of what you're
most attracted to at the moment

overnight into next trading day
so of course as the name states

seconds to maybe a few minutes
and you're generally targeting

literally since the beginning
of the free market and the

you're in and out within the
day so your your sort of main

So you have these big
commercial companies putting

sellers and then that is then
reflected onto a price chart.

that you operate within and the
number of setups that you have

sort of main price movement of
the day and then you're out

need to find what style of
training works best for you for

and sometimes even years now
the thing is you can make money

fundamental analysis traders,
you know, often referred to as

reflects this in the order of
our teaching. The majority of

reasons, their own unique
views, ideas, and beliefs

probably heard of that. It's a
type of trading where you

demand for the pair, applying
upward pressure on prices and

we focus mainly on technicals
as we have found it gives us

trader's mindset, both of which
we teach you how to develop to

the sellers bring supply for
the pair, applying downward

move up and down as a result of
supply and demand from market

this is where very simply the
price closed lower than which

another dimension to your edge
in the market. But in Froton,

maximum clarity in the markets
and our education naturally

master. It can take months for
the analysis to play out in the

they will monitor various
factors that impacts the

the price of currency pairs.
So, buyers bring with them

central bankers and this kind
of analysis can take years to

we trade and teach a technical
analysis based strategy. And

the lowest traded price for
that day while the top of the

pretty expensive news and data
feeds such as Bloomberg

wick indicates the highest
price paid. Now here in photon

driving up the price as a
result now fundamental traders

more that foreign businesses
and foreign investors will come

political and economic events
as well as announcements,

industrial production and
inflation so to use this kind

of human emotion that come into
play with sums of money are

finishes finishes there and
then the very next training

increases the demand for that
currency and then in turn

that time frame right? So this
is a daily chart so this means

open so with this up candle
here right we open the day down

simple line chart which just
sows the average price for that

here and then we closed up here
where the body of the bar

it we have at bearish down day.
Now the wicks simply just well

financial institutions are the
other big players who are

Crowd psychology has been
reflected in the price of

candle very simply represents
the price action for that day.

opens down here right where the
bar starts and it closes up

charts and that price action
then creates patterns and these

much the majority of strategies
that either based on technical

So in this case a grey candle
represents an update where

who are just purely trading to
try and extract the profit from

interaction of millions of
different participants for as

candle in this case is denoted
by the navy the blue candle and

auction throughout the day with
buyers and sellers constantly

reflection of the market's
opinion on the current and

instance we are currently on
the daily chart. Therefore each

then prints the price action
that we actually see on our

drives the order flow that is
put through the market and the

the movement in exchange rates
and this includes both large

different and various reasons
then there are also speculators

little bit more information
than just you know a very

pressure on prices and the
market runs like a continuous

over to invest in that country.
And what this results in is the

So, technical analysis is the
framework used to identify

reason they are acting is price
and no trades can take place

participants, they are buying
or selling for their own unique

thousands of a month. Now,
currency exchange rates, they

huge orders through the market.
So let's say there's a big

combination of both. Now, in
Forex, fundamental analysis is

it's literally just like an
auction, right? And this drives

unless both the buyer and the
seller agree on a price. So,

this is why serious fundamental
traders have subscriptions to

will buy and sell currencies.
The numerous types of market

terminals which can literally
cost thousands if not tens of

market and it requires hours of
constant research daily. So

around what the currency pairs
they are trading are actually

worth. The meeting point of
buyers and sellers for whatever

institutional and private sort
of retail individuals, they

speculators. So, every day,
investors and traders, both

presentations, and speeches by
politicians, economists, and

currency against another. So in
the long run, the exchange rate

out different trading
strategies, styles and

currency in order to be able to
obtain those assets so this

Now, there are many different
ways to categorize and separate

of analysis effectively,
traders must keep an eye on

that may affect the supply and
demand of one country's

such as central bank actions
and interest rates. So

unemployment numbers gross
domestic product retail sales

need for those investors to
purchase that country's

countries economies. It's also
heavily influenced by factors

future health of its respective
economy compared to other

the study of relative economic,
social, and political forces

obviously the better the shape
a country's economy is then the

analysis, fundamental analysis
or some sort of hybrid

going to guide you through over
the next 12 months.

approaches to trading the
financial markets but pretty

of a currency versus other
currencies is usually a direct