Lex van Dam – Lex’s Technical Trading Strategies for FX
n 5-Step-Trading® FX we spend a lot of time talking about how to find good trading ideas and how to analyse them to see if they make sense from a fundamental perspective. Only then do we look at charts for additional reasons to trade or to hold off, before continuing with the psychology of trading and risk management. In Lex’s Favourite Technical Trading Strategies For FX technical indicators and currency charts actually rule. When it comes to trading set-ups, fundamentals are pretty much irrelevant; it is purely about price action.
Lex’s Favourite Technical Trading Strategies For FX starts by explaining the different types of traders in the market so you can understand what kind of trader you might be yourself. We will then discuss a variety of technical indicators that Lex uses himself. We will look at how they are derived and what they exactly indicate. That will lead to what this course is really about – and that is sharing twelve of Lex’s favourite trading set-ups. They help make trading less emotional and more objective and probably most importantly Lex uses them himself to generate actual trades. This analysis is not just suitable for currencies, it is also applicable to Commodities and Indexes as well.
This course is also accompanied by a workbook.
