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Changes for page Forex

Last modified by Drunk Monkey on 2022-12-23 09:28
From version 6.2
edited by Drunk Monkey
on 2020-04-13 10:43
Change comment: There is no comment for this version
To version 13.1
edited by Drunk Monkey
on 2020-11-13 06:12
Change comment: There is no comment for this version

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1 -(% class="wikigeneratedid" %)
2 2  == Education ==
3 3  
4 4  === The Basics ===
5 5  
6 6  1. [[babypips.com>>https://www.babypips.com/]] [[School of Pipsology>>https://www.babypips.com/learn/forex]]
7 -\\Basic education explaining all the basics of Forex trading.  Start here.  Recommended to focus on lessons XXX
8 -
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?
9 9  1. [[nononsenseforex.com>>https://nononsenseforex.com/]] - provides an education on how to trade using
10 10  1*. proper money management
11 11  1*. trade psychology
12 12  1*. technical analysis
11 +1. the inner circle trader
13 13  
14 14  == Risk Management - Pip values and Lot Sizing ==
15 15  
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17 17  
18 18  == Reference Links ==
19 19  
20 -
21 21  * [[Google spreadsheet>>https://docs.google.com/spreadsheets/d/1m_xJOoNJLBYBzZ2h4IuTGRVBD-GD3BeTk5CQeKfQtkw/edit?usp=sharing]] for calculating lot size based on SL pips
22 22  \\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.
23 23  \\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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47 47  
48 48  *
49 49  
48 +== Unclassified ==
49 +
50 +Abbreviations you might find helpful 
51 +PDH - Previous day high
52 +PDL - Previous Day Low
53 +PWH - Previous Week High
54 +PWL - Previous Week Low
55 +BMS- Break in Market Structure 
56 +SMS- Shift in Market Structure 
57 +RTO- Return to Order Block/Origin
58 +OB- Order Block
59 +OTE- Optimum trade Entry
60 +IPDA - Interbank Price Delivery Algorithm 
61 +FVG -Fair Value Gap
62 +SMT- Smart Money Tool
63 +LP- Liquidity Pool
64 +IOF-Institutional Order Flow
65 +BISI - Buy Side Imbalance Sell side Inefficient
66 +SIBI- Sell Side Imbalance Buy Side Inefficient 
67 +COT- Commitment of Traders
68 +AMD- Accumulation,Manipulation & Distribution
69 +SH - stop hunt 
70 +RTBr- return to breaker block
71 +RTBm - return to mitigation block
72 +BuIOF- bullish IOF
73 +BeIOF- bearish IOF
74 + IOF- Institutional Order Flow
75 +OBr. -Breaker block
76 +OBm. -Mitigation block
77 +LSwH- last swing high 
78 +LSwL- last swing low
50 50