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Changes for page Forex

Last modified by Drunk Monkey on 2022-12-23 09:28
From version 14.1
edited by Drunk Monkey
on 2020-11-13 06:18
Change comment: There is no comment for this version
To version 7.1
edited by Drunk Monkey
on 2020-04-13 10:46
Change comment: There is no comment for this version

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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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45 45  
46 46  *
47 47  
48 -== Unclassified ==
49 -
50 -=== Abbreviations ===
51 -
52 ->Abbreviations you might find helpful 
53 ->##PDH  - Previous day high##
54 ->PDL  - Previous Day Low
55 ->PWH  - Previous Week High
56 ->PWL  - Previous Week Low
57 ->BMS  - Break in Market Structure 
58 ->SMS  - Shift in Market Structure 
59 ->RTO  - Return to Order Block/Origin
60 ->OB  - Order Block
61 ->OTE  - Optimum trade Entry
62 ->IPDA  - Interbank Price Delivery Algorithm 
63 ->FVG  - Fair Value Gap
64 ->SMT  - Smart Money Tool
65 ->LP  - Liquidity Pool
66 ->IOF  - Institutional Order Flow
67 ->BISI  - Buy Side Imbalance Sell side Inefficient
68 ->SIBI  - Sell Side Imbalance Buy Side Inefficient 
69 ->COT  - Commitment of Traders
70 ->AMD  - Accumulation,Manipulation & Distribution
71 ->SH  - stop hunt 
72 ->RTBr  - return to breaker block
73 ->RTBm  - return to mitigation block
74 ->BuIOF - bullish IOF
75 ->BeIOF - bearish IOF
76 ->IOF  - Institutional Order Flow
77 ->OBr.  - Breaker block
78 ->OBm.  - Mitigation block
79 ->LSwH  - last swing high 
80 ->LSwL  - last swing low
81 -
82 -=== fibb settings for OTE areas of interest ===
83 -
84 -FIBBS setting (mt4)
85 -
86 ->## Levels Description##
87 -> 0 First Profit - Scaling
88 -> 0.50 50% Equilibrium
89 -> 0.618 %$-62%
90 -> 0.705 %$-OTE
91 -> 0.79 %$-79%
92 -> 1 100.0
93 ->-0.62 Target 2
94 ->-0.27 Target 1
95 ->-1 Symmetrical Swing
49 +