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Changes for page Forex

Last modified by Drunk Monkey on 2022-12-23 09:28
From version 13.3
edited by Drunk Monkey
on 2020-11-13 06:15
Change comment: There is no comment for this version
To version 6.2
edited by Drunk Monkey
on 2020-04-13 10:43
Change comment: There is no comment for this version

Summary

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Content
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1 1  == Education ==
2 2  
3 3  === The Basics ===
4 4  
5 5  1. [[babypips.com>>https://www.babypips.com/]] [[School of Pipsology>>https://www.babypips.com/learn/forex]]
6 -\\Start here for the basic education explaining all the basics of Forex trading.  [[It's recommended to start with>>https://nononsenseforex.com/forex-q-and-a-podcast/best-place-to-learn-forex-trading-askvp-1/]] Learn Preschool, Kindergarten, Undergraduate to Senior.  The rest may not be necessary depending on your desired style of trading - Indicators, or Price Action?
7 +\\Basic education explaining all the basics of Forex trading.  Start here.  Recommended to focus on lessons XXX
8 +
7 7  1. [[nononsenseforex.com>>https://nononsenseforex.com/]] - provides an education on how to trade using
8 8  1*. proper money management
9 9  1*. trade psychology
10 10  1*. technical analysis
11 -1. the inner circle trader
12 12  
13 13  == Risk Management - Pip values and Lot Sizing ==
14 14  
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16 16  
17 17  == Reference Links ==
18 18  
20 +
19 19  * [[Google spreadsheet>>https://docs.google.com/spreadsheets/d/1m_xJOoNJLBYBzZ2h4IuTGRVBD-GD3BeTk5CQeKfQtkw/edit?usp=sharing]] for calculating lot size based on SL pips
20 20  \\One problem with many of the risk calculators is that it assumes you know want to know how many pips to set your on your trade.  However, if you're following signals, then the trader has already given you the SL and you want to want to work backwards to figure out what your lot sizes should be.
21 21  \\Copy this spreadsheet to your own google drive account and fill in the entries.  Do not use it for Oil or Gold as forex.com/canada uses different contract sizes
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45 45  
46 46  *
47 47  
48 -== Unclassified ==
49 -
50 -=== Abbreviations ===
51 -Abbreviations you might find helpful 
52 -PDH - Previous day high
53 -PDL - Previous Day Low
54 -PWH - Previous Week High
55 -PWL - Previous Week Low
56 -BMS - Break in Market Structure 
57 -SMS - Shift in Market Structure 
58 -RTO - Return to Order Block/Origin
59 -OB - Order Block
60 -OTE - Optimum trade Entry
61 -IPDA - Interbank Price Delivery Algorithm 
62 -FVG - Fair Value Gap
63 -SMT - Smart Money Tool
64 -LP - Liquidity Pool
65 -IOF - Institutional Order Flow
66 -BISI - Buy Side Imbalance Sell side Inefficient
67 -SIBI - Sell Side Imbalance Buy Side Inefficient 
68 -COT - Commitment of Traders
69 -AMD - Accumulation,Manipulation & Distribution
70 -SH - stop hunt 
71 -RTBr - return to breaker block
72 -RTBm - return to mitigation block
73 -BuIOF - bullish IOF
74 -BeIOF - bearish IOF
75 -IOF - Institutional Order Flow
76 -OBr. -Breaker block
77 -OBm. - Mitigation block
78 -LSwH - last swing high 
79 -LSwL - last swing low
80 -
81 -=== fibb settings for OTE areas of interest ===
82 -
83 -FIBBS setting (mt4)
84 -> Levels Description
85 -> 0 First Profit - Scaling
86 -> 0.50 50% Equilibrium
87 -> 0.618 %$-62%
88 -> 0.705 %$-OTE
89 -> 0.79 %$-79%
90 -> 1 100.0
91 -> -0.62 Target 2
92 -> -0.27 Target 1
93 -> -1 Symmetrical Swing
94 -
50 +