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【Trade Boot Camp】Read the psychology of all 10 million traders! Introducing essential top-secret tools!【4th Interview】
4th in the Series
【Trade Boot Camp】 Read the psychology of 10 million traders! Introducing essential secret tools! 【4th Interview】
Hello! This is Muroi from GogoJungle.
How is your trading going?
Now, the trading methods explained in the previous video were all
things you'd definitely want to acquire as knowledge and skills.
This 4th installment focuses on『Trade Boot Camp』
and the three methods it provides
・Price Action Trading Method
・Multi-Timeframe Moving Average Method
・Currency Correlation Trading Method
Among them, the most important is Price Action Trading Method
.
Reflects the psychology of market participants
Have you heard that price movements reflect the psychology of market participants?
In other words,
Price Action Trading is about reading traders' psychology and trading accordingly.
Trading based on price action
is conducted.
Price action trades reflect this market psychology,
and can be used for trading.
Normal candlestick charts lack information
to provide precise signals, making it difficult to act accurately.
For example, with a 5-minute candlestick chart, the first minute is volatile, the next three minutes are muted, and the last minute becomes volatile again, yet it is recorded as one candle, resulting in limited information about price movement.
In the ‘Trade Boot Camp,’
we use a tick chart where bars are formed after a fixed number of price moves (ticks)
Tick Chart
is formed.
For example, with a 60-tick chart, one bar is created after 60 ticks.
Therefore, the magnitude of price movement is reflected in the chart.
You can read information about whether price will move up or down from subtle movements.
From here, you can anticipate future moves.
From subtle price movements, you can read the direction.
And, those patterns form the Price Action Trading Method of
“Trade Boot Camp”
Price Action Trading Method
is.
This video's coverage of Tick Charts and the Price Action Trading Method is also very engaging.
Please take a look at its contents.
The interview contents to look forward to are
■Which of the three values is essential for successful trading? None should be missing.
■What is Price Action Trading
■Details on Tick Charts
and more!
4th Episode
“Reading the psychology of market participants for trading — The Essential Secret Tools of Price Action!”
Here
↓↓↓
3rd Episode
“The classic 3 methods! Price Action, GMMA, and Currency Correlation — Skills to use in practice, the definitive discretionary method”
Here
↓↓↓
2nd Episode
“Trading becomes easy with Horizontal Lines [Precise Horizontal Lines] and the skills you can learn from weekly Zoom sessions!”
Here
↓↓↓
1st Episode
“【With Gifts】Get investment know-how in 150 days (50 extra days added!) with weekly Zoom sessions【Trade Boot Camp】”
Here
↓↓↓
※Campaign period has ended
【Gift】A tool that displays K-senhō’s [Precise Horizontal Line] automatically on MT4 to reveal price movement
※At the end of the first episode video, a password for the gift will be shown.
Here
↓↓↓
100 Days to Change Your Trading: Interbank FX – Trade Boot Camp
Trade Boot Camp
Here
↓↓↓
Mastering the three essential elements is very important for trading.
We also learned that reading tick charts is necessary to compete with professional traders.
Moreover, being able to obtain this free tool provides a significant advantage to you reading this article.
Now, next time is the final episode.
We will specifically explain what’s inside Captain K’s Trade Boot Camp!
If you’re curious, be sure to check until the end!!