This is a review of the chaos coaster strategy. It has been tested on basic forex pairs on the 15 min & 1 hours time frames.

***Time Stamps: ***
1:30~ Why These Pairs?
3:00~ Data Review Starts
4:40~ What is the Step Rule?
8:40~ How to Read Data Sheets
12:00~ 15 Min Data Review
18:10~ 1 Hour Data Review
29:00~ Tips & Tricks for Higher Win Rates

⭐️LINKS⭐️

If your looking for Educational courses & Paid Indicators used Please join our Perfect Entry Group!

📊Perfect Entry Discord Group (Paid Pip Hunter Indicators)
https://discord.com/invite/perfectentry

📈For charts Use Trading View
https://www.tradingview.com/gopro/?sh…

💲Brokers I use:
👩‍💻Hugosway-
https://bit.ly/3gsAJwI

👩‍💻KOT4X-
https://bit.ly/2TBu7TK

📈Trading Platform
META TRADER 4

What Is the Forex Market?
The forex market allows participants, such as banks and individuals, to buy, sell or exchange currencies for both hedging and speculative purposes. The foreign exchange (forex) market is the largest financial market in the world and is made up of banks, commercial companies, central banks, investment management firms, hedge funds, retail forex brokers, and investors.
Understanding the Forex Market
The forex market is not dominated by a single market exchange, but a global network of computers and brokers from around the world. Forex brokers act as market makers as well and may post bid and ask prices for a currency pair that differs from the most competitive bid in the market.
The forex market is made up of two levels—the interbank market and the over-the-counter (OTC) market. The interbank market is where large banks trade currencies for purposes such as hedging, balance sheet adjustments, and on behalf of clients. The OTC market, on the other hand, is where individuals trade through online platforms and brokers.
From Monday morning in Asia to Friday afternoon in New York, the forex market is a 24-hour market, meaning it does not close overnight. The forex market opens from Sunday at 5 p.m. EST to Friday at 4 p.m. EST.3
This differs from markets such as equities, bonds, and commodities, which all close for a period of time, generally in the late afternoon EST. However, as with most things, there are exceptions. Some emerging market currencies close for a period of time during the trading day.

Type of Forex Markets
Three are three key types of forex markets: spot, forward, and futures.

Spot Forex Market
The spot market is the immediate exchange of currency between buyers and sellers at the current exchange rate. The spot market makes up much of the currency trading.

The key participants in the spot market include commercial, investment, and central banks, as well as dealers, brokers, and speculators. Large commercial and investment banks make up a major portion of spot trades, trading not only for themselves but also for their customers.

Forward Forex Market
In the forward markets, two parties agree to trade a currency for a set price and quantity at some future date. No money exchanges hands when the deal is made. The two parties can be companies, individuals, governments, or the like. Forward markets are useful for hedging.

On the downside, forward markets lack centralized trading and are relatively illiquid (since there are just the two parties). As well, there is counter-party risk, which is that the other part will default.

Futures Forex Market
Future markets are similar to forward markets in terms of basic function. However, the big difference is that future markets use centralized exchanges. Thanks to centralized exchanges, there are no counter-party risks for either party. This helps ensure future markets are highly liquid, especially compared to forward markets.

****** NOT FINANCIAL ADVICE DISCLAIMER ******

The information contained here and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional.

*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

Comments

Comments are disabled for this post.