Creating An Optimal Trading Plan

Plan your trade and trade your plan! A trading plan can be likened to the trader’s roadmap as it should contain all the directions and steps (rules) for a successful trader to reach their destination or goals for a profitable trade.

This live webinar details the following items:

• What is a trading plan and the necessary information it should include
• Why a trading plan is of fundamental importance to successful trading
• How to make risk management an integral part of your trading plan
• A step by step (rule by rule) process of using a trading plan in the live charts on the FOREX.com platform.

Trading candlestick reversal patterns

The individual candlesticks on the popular candlestick chart each have their own story to tell about the history of price movements. Each candlestick is a page in the chapter (timeframe). The chapters combined to make up the ongoing story of price.

Price often repeats itself in terms of behavior and many chapters will include a familiar story or pattern.

Generally speaking, candlestick charts can display either continuation or reversal patterns.

This live webinar covers the following topics:

• The logic behind why price repeats the same patterns over and over again
• How to recognize these patterns when studying price action
• How to incorporate these patterns in your technical analysis and gain an edge in your trading
• The common candlestick reversal patterns, such as inside candles, engulfing patterns, Dojis and more

Developing a meaningful Forex watchlist

Efficiency and consistency are two important habits in a successful trader’s routine.

A trader must be able to sift through the plethora of forex charts with ease and must be able to home in on promising pairs with an artful eye of experience.

A good trader’s watchlist is worth its weight in gold or in this case, currencies!

Join this live and interactive webinar where we will explore the following topics:

• Discuss an easy but proven process for highlighting opportunities and demonstrate how to build a trading watchlist on the Forex.com platform
• Illustrate how to filter through markets and charts with efficiency so you have a worthy watchlist rather than a “wishlist”
• Discuss risk management principles worth considering for your trading strategy
• Provide a demonstration of building your watchlist using stop and limit orders on the Advanced Trading platform