Showing posts with label Newbies. Show all posts
Showing posts with label Newbies. Show all posts
This is our second post in the series, Forex for Newbies. If you are completely new to trading, you will need to read these posts in order to gain maximum effect.In order to trade forex using Elliott Wave, you need to purchase and read the Elliott Wave Principle book first in order to predict market turns and direction.We are trading from an Elliott Wave perspective, so the first post necessarily covered the basics of the Elliott Wave Principle, and pointed towards useful resources such as the free...
Imagine if you will, you have a computer at home with a broadband internet account. You discover that you can do something called “trading forex” online. At the same time, you discover a principle that allows you to predict the direction a forex market will move in. This is very powerful stuff. You could get rich!A recent discussion with a colleague, who asked what I did with my time at home, led to me wondering about how to convey to a total newbie how to trade forex using the Elliott Wave Principle.I...