Rating 0 out of 5 (0 ratings in Udemy)
What you'll learn- Learn how to economically model the foreign exchange market for EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY and XAUUSD
- Model the market into 9 states: super downtrend (-4), strong downtrend (-3), uptrend reversal (-2), steady downtrend (-1) flat market (0) and vice versa
- Identify the dominant motion of the USD using all 8 major markets
- Learn advanced valuable Microsoft Excel functions including (if) and (if and) statements …
Rating 0 out of 5 (0 ratings in Udemy)
What you'll learn- Learn how to economically model the foreign exchange market for EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY and XAUUSD
- Model the market into 9 states: super downtrend (-4), strong downtrend (-3), uptrend reversal (-2), steady downtrend (-1) flat market (0) and vice versa
- Identify the dominant motion of the USD using all 8 major markets
- Learn advanced valuable Microsoft Excel functions including (if) and (if and) statements
DescriptionThe Professional Trading Approach
Trade directionsare calculated at 06:00-07:00am GMT every day on EURUSD, GBPUSD, AUDUSD,NZDUSD, USDJPY, USDCHF andXAUUSD using monthly volatility and multivariate regression analysis in Excel using the previous 5 days data. The strategy can also be applied to US equities, indices, bonds and cyptocurrencies.
Once we have calculated each trade direction individually we then calculate the dominant motion of the dollar.
Then we calculate position sizes and stop losses according to fibonacci support and resistance levels 1,2 or 3.
Finally we analyse the news releases for the day and check them when they are released incase we need to close positions early. If the news is in our favour we simply hold the trades until the next day at the same time and repeat.
Learn our 9 state derivative model for predicting currencies in the foreign exchange market. We break down forex markets into 9 states using statistics and mathematics that can be programmed into Microsoft Excel.
The 9 State Derivative Model
Super Uptrend (+4)
Strong Uptrend (+3)
Steady Downtrend Reversal (+2)
Steady Uptrend (+1)
Flat Market (0)
Steady Downtrend (-1)
Uptrend Reversal (-2)
Strong Downtrend (-3)
Super Downtrend (-4)
We still use these same formulas and they have proved to be the pillars of what we do. The model can also be used on cryptocurrencies, equities and indices as well as FX. We introduce you to Meta Trader 4 and examine how you can use our calculations and statistics to improve your trading. This course will teach you how to trade the Forex Markets confidently on all the major pairs and Gold. You will learn themathematics I have discovered, researchedand tested over 10 years of datathat governs the markets.
You will receive a Microsoft Excel Spreadsheet that will become your trade calculator. You will be taught how itworks and how to use it, we will then progress onto meta trader 4 where we will learn how to calculaterisk and trade size allocation. You will also receive the Grey Tradingebook explaining the strategy.
