FOREX TRADING : A Beginners Guide

Hello zesties 🍋, it's your favourite forex trading content creator back at it again (JK). Anyway, today I want to share some stuff with you guys. I have received many texts and responses on my Instagram's (@/doll4rpips) AMA (Ask Me Anything) and today I want to help you guys alittle on how to get started with trading!

I understand the frustration and confusion of not knowing where to start from as I was once in your position as well but now, with close to 4 years of experience in the markets, I believe I have the right knowledge to impart in you guys so let's get started!

1. PRICE ACTION

Price Action is essentially the technical movements of the market. It is the base of knowing where the market is heading. Price Action is the understanding of the highs and lows of the market, knowing when price change using "Break of Structures" and "Change of Characters". Understanding Price Action will put you a step ahead as it is the core of Technical Analysis.

2. SUPPLY & DEMAND

Supply & Demand is key to understanding where orders lies in the market. So what exactly are orders? Orders are essentially where the big money lies, big money are basically money that are of big enough quantity to shift the market. Supply and Demand lies in all parts of the market and it is essentially our job to identify the key levels that we should focus on. Understand Supply & Demand and you will be able to take trades and understand market movements.

3. LIQUIDITY ENGINEERING

Last but not least, Liquidity Engineering is essentially traces in the market that the smart money are leaving for us to "follow". What do I mean by that, simple. Think of it this way. You are lost in a jungle and there are signs that leads you out of it. These liquidity are essentially like the signs. Being able to understanding the concept of liquidity will allow you to understand where the market is heading and will thus allow you to know where to target and not understanding liquidity the right way will lead you to the wrong path. One quote I'll leave you guys with will be "If you do not see Liquidity, you are likely the Liquidity."

With that being said, I'll be ending this post here. There will be more content to come so stay tune for more! If you have learnt something from this post, i would appreciate if you could drop a like and follow me here. With that being said, see you then, ciaos! 🍋