Forex Basics for Beginners | Multi-Time Frame Analysis | How to Mark Up A Forex Chart

Forex Basics for Beginners | Multi-Time Frame Analysis | How to Mark Up A Forex Chart + Use Fibonacci Retracement Tool

Hey y’all.

Happy Friday to you!

In this Forex basics video, I do a top down analysis (or a multi time frame analysis) for EURCAD. The steps are simple enough for a beginner to understand.

I am working with SmartTrader and getting adjusted but I show the Smart Fibonacci technology and how I use it to complete my analysis.

What are your thoughts on this pair?

#ForexBasics #TimeframeAnalysis #HowToTradeForex

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.