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Lesson 1 Introduction To Advanced Forex Trading
Lesson 1 Introduction To Advanced Forex Trading
Introduction
Advanced Forex
Trading Strategies
By Adam Khoo
adam@akltg.com
Copyright ©
Adam Khoo Learning Technologies Group Pte Ltd 2017
Advanced Forex Trading Strategies
By Adam Khoo
adam@akltg.com
Copyright ©
Adam Khoo Learning Technologies Group Pte Ltd 2017
Lesson 1
Introduction
Moving Averages
18EMA, 50EMA, 200SMA
By Adam Khoo
adam@akltg.com
Copyright ©
Adam Khoo Learning Technologies Group Pte Ltd 2017
Lesson 1
Introduction
Multiple Timeframe Alignment
By Adam Khoo
adam@akltg.com
Copyright ©
Adam Khoo Learning Technologies Group Pte Ltd 2017
Lesson 1
Introduction
Forex News Calendar
www.forexfactory.com
By Adam Khoo
adam@akltg.com
Copyright ©
Adam Khoo Learning Technologies Group Pte Ltd 2017
Lesson 1
Introduction
Fibonacci Retracements
By Adam Khoo
adam@akltg.com
Copyright ©
Adam Khoo Learning Technologies Group Pte Ltd 2017
Fibonacci Numbers
DNA molecule
34/21 = 0.618
angstroms
Fibonacci Retracement & Projection Levels
Uptrend
Target 1: 100%
B
Co
rre
ave
cti
W
ve
W
lse
ave
pu
Im
A
Fibonacci Retracement Levels
Drag to B
fibonacci tool
C is at 50%
Click on A
Fibonacci Retracement & Projection Levels
Downtrend
A
C
50%, 61.8% Retrace-ment
ave
Im
eW
pu
tiv
lse
c
rre
Co
W
ave
B Target 1: 100%
When a the corrective wave of an downtrend retraces to the 50% or 61.8% level,
it has a higher probability of continuing the trend.
Next target projection is 100% level.
Fibonacci Retracement & Projection Levels
A
Is it a 50% or 61.8% retracememt?
B
Fibonacci Retracement & Projection Levels
Click on A
C is at 61.8%
fibonacci tool
Drag to B
Confluence of Fibonacci level + Support/
Resistance
Confluence of Fibonacci level + Support/
Resistance + Moving Average
Lesson 1
Introduction
Advanced Forex
Trading Strategies
By Adam Khoo
adam@akltg.com
Copyright ©
Adam Khoo Learning Technologies Group Pte Ltd 2017