Tokyo Session Forex Trade Example - How To Apply The Market Phase Concept
I strongly anyone trying to learn Forex trading must learn about the Market Phase concept developed by Stan Weinstein. In this video, I show a recent day trading example from the Tokyo session and show how I do my trade analysis with the market phase.
This is based on the Stage Analysis principle developed by Stan Weinstein.
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Check out the market phase article in the Forex Trader Magazine: http://www.fxtradermagazine.com/online-edition.php
If you truly want to succeed in Forex trading, you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.
Disclaimer: This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
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FiNMAX Trading Accounts.
Even though the minimum investment required for a Platinum VIP account is high, the trading features can more than justify the initial investment barrier. The only concern is that traders may not feel comfortable depositing large amounts of money at FiNMAX without any proper regulatory protection. Regardless, the company has managed to steer clear of any large controversies, which does make it a bit more dependable than brokers that are located in tax havens.
FiNMAX Demo Trading Account.
FiNMAX offers a limited period demo that is valid only for a week, which is not a whole lot of time to learn the concept in detail. Although FiNMAX has limited its demo account to users, it is far better than avoiding a demo offering altogether. Seasoned traders can use the demo trading account to gauge the efficiency of the platform, while amateur traders can also use the demo period to familiarise themselves with the binary options market and put on a few trades to gain market exposure. Nevertheless, we would have appreciated if the company had provided a bit more time with its free demo account option.
FiNMAX clients can make use of the vast resources for trading, which includes advanced trading charts, personal account manager, and market analytics. Larger account holders have the convenience of trading with signals or use social trading platforms to copy trades from successful traders. The broker also provides market analysis, trading news, webinars, strategy, and VIP trader education. FiNMAX has one of the best trader-oriented resources, which can provide a highly beneficial platform for binary options traders.
There is a drastic amount of confusion surrounding regulatory status. Reduced number of binary options assets.
Yes, traders can download dedicated FiNMAX apps for iOS and Android devices.
FiNMAX offers support through live chat, phone numbers, emails, and Skype address. The customer service channel is only available for 14 hours a day and 5 days a week.