In forex futures trading look at the "BIG PICTURE". That is what commodity forex online trading is all about
In forex futures trading look at the "BIG PICTURE". That is what commodity forex online trading or cash forex is all about. I use the same futures trading system we have talked about in Futures Trading How To, but with minor alterations. (Please check it out first if you haven't before reading the following techniques to learn currency trading).
Now, Why Why Why you might ask yourself…?!. Why Do I need to adjust the method when forex futures trading, I just do not want to think, I just want to learn currency trading!...
Well my friend, it is simply because this market is MUCH SLOWER than e-mini markets and oil markets, therefore, we need to do minor adjustments when commodity forex online trading or cash forex trading. We start from the Long-Term Participants view in the Auction process and continue down to the Short-Term Participants view.
This way we make sure that cash forex or commodity forex online trading becomes easy, not charts cluttered with indicators, which complicate us to learn currency trading.
Remember Supply and Demand determined by The Auction Process is the MOST important thing of all.
Let's number this adjustment we have to do to trade cash forex or when forex futures trading:
We need to do this adjustments because in forex futures trading the "sessions" or "days" last almost 24Hr around the clock with good volume, therefore, this market moves much slowerrrr than the others. We might do 2 or 3 trades a day.
Let's begin the steps to achieve forex futures trading efficiently.
Now let's move into the Short-Term view of the market to assess more techniques for a correct cash or forex futures trading.
Click here to learn more about the Short-Term participants view when forex futures trading
Click here to go back to Forex systems from The Long-Term Participants view when forex futures trading
Click here to go back to Futures trading How To
Essential Tools For Traders
Praveen from Miami, Florida.
First I must congratulate you on a very successful and useful site. It is practical and really helps to trade with confidence. Excellent work. Trust me when I say this...
I have gone through thousands of sites before I came across your work and indeed it is commendable. I have one question for you. After drawing support and resistance lines on the 30 and 5 minute chart, do you then focus on a 2 minute chart and take your trades based on candlestick patterns?
Robby from Indonesia.
WOW, very very good materials. I've been studying market profile and supply and demand for about 2 years now. So far, I found the materials in your website to be very generous.
Jose, Las Palmas, Gran Canaria, España.
Hello, i only want to say you thank you for all this free information, for me that I'm a begginer all this information is pure gold.
Thank you very much.