Price Action Easy ebook – learn price action trading

Price Action Easy ebook  – learn price action trading

      Most of the traders are not capable to setup a proper technical analysis. Vast majority of traders don’t know the basics of price action, they can’t properly read the info off  the chart and they keep using served strategies without knowing their background. i think this price action easy eBook will help you to learn price action properly.
    Most of these traders find themselves lost after the few negative trades. Being incapable to find the problem. in their strategy, they grow it into a long-term issue while the actual problem is within themselves. They do not understand the price action. 
     The basis of every successful Day trading strategy is good knowledge of daily price action. Your goal is to read the most important price info off the charts. This rule is the same for the other trading strategies including swing and position trading strategies.
I am talking about advanced technical analysis that can be applied to any trading style.

you can read from this Price Action Easy ebook

The basic info on daily price action is daily open, high and low.

Daily open is the price at which market opened.

High is the highest point that price reached during the day.

Low is the lowest point that price reached during the day.

You can find out the most important bit of information by examining daily open price.
According to daily open price, you can easily predict the trend direction for the rest of  the day (downtrend, uptrend or sideway). 
High and Low daily prices for a present day are not much of the help. You can’t know this info before the day is done, but what you can do is to look at the high-low from previous day. This way you can gain additional information about the price. 
Since daily open price plays the most important role in technical analysis, thus the future price action, 

now you can download price action ebook learn about price action complete eBook 

click here to Download 

Read More

Fibonacci Numbers and Golden Ratio

Fibonacci Numbers and Golden Ratio

        For those who are not already familiar with the name Fibonacci, you may remember hearing something about it in 2006, when the movie The DaVinci Code appeared in theaters. When Jacques Saunière was found murdered at the Louvre Museum in Paris, the strange position that this deceased character was placed in mimicked the famous painting of the Vitruvian Man by Leonardo da Vinci. This painting has been known to illustrate how Fibonacci ratios appear in the human form. The film also piqued the curiosity of some people when the characters in the film started talking about Fibonacci numbers as part of a clue or code of some sort. For myself, I only chuckled and thought, “It’s about time someone is taking Fibonacci seriously.”    

     The Fibonacci number series and the properties of this series were made famous by the Italian mathematician Leonardo de Pisa. The Fibonacci number series starts with 0 and 1 and goes out to infinity, with the next number in the series being derived by adding the prior two. For example, 55 + 89 = 144, 89 + 144 = 233, 144 + 233 = 377, and so on (see the following number series): 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987 . . . out to infinity What is most fascinating about this number series is that there is a constant found within the series as it progresses toward infinity. In the relationship between the numbers in the series, you will find that the ratio is 1.618, or what is called the Golden Ratio, Golden Mean, or Golden or Divine Proportion. (For example, 55 x 1.618 = 89, and 144 is 1.618 times 89.) Take any two consecutive numbers in the series after you get beyond the first few and you will find the Golden Ratio. Also note that the inverse or reciprocal of 1.618 is 0.618. There are quite a few Web sites that are devoted to this number series and its properties. Just type the word Fibonacci into your favorite search engine and you’ll be amazed at the wealth of information that exists on this subject. The Golden Ratio can be found in many different places.

        The 1.618 ratio is used in architecture in what is called the “golden rectangle,” as it is known to be pleasing to the eye. There are actually plastic surgeons who use these ratios to help them sculpt faces of “perfect proportion.” You can also find the ratio in nature. It can be seen in flowers, the nautilus shell, ammonite fossils, and many other places. What I find to be most fascinating is that this ratio shows up in the pentagram , which is known as a symbol for hidden occult knowledge. It occurred to me that maybe the ratio within the pentagram held a hidden secret to the market! At one point in my education,

     I actually studied Jewish mysticism. One of my teachers from a Golden Dawn temple in California handed me a copy of a Disney cartoon called “Donald in Mathmagic Land,” saying that I might enjoy it. Another student had brought it to his attention, as Donald Duck had a pentagram inscribed on his hand in this Disney cartoon. In this cartoon, which was produced to teach children about math, Donald Duck was on an adventure in Mathmagic land, where he visited with Plato and Pythagoras, talked about “secret mathematical societies,” and learned about the Golden Section.

     The cartoon illustrated where the ratios of 0.618 and 1.618 exist in nature and architecture. This cartoon, which Disney released in 1959, is still available via the Internet, and it is well worth watching. The quote at the end of the cartoon was from Galileo, “Mathematics is the alphabet in which God has written the universe.” I believe this to be true. If you study the “code” of the Fibonacci numbers and the ratios derived from this number series long enough, I think you will begin to agree with, or at least understand, that statement. This is not something that should just be blindly accepted because I have found it to be true. It is something that you must discover and then prove to yourself on your own journey! What is important to most traders is that applying these ratios can help identify key support and resistance zones in the market, and therefore determine key trading opportunities or setups. I will show you how to apply these ratios in any market with adequate data. Thus, the application can give you a huge edge as a trader, if you use the techniques properly

you must need to read to be a good Forex trader 

step 1        Applying fibonacci ratios to the price axis ot the market

step 2        Fibonacci Price Retracements

step 3     Fibonacci Price Extensions

step 4     Fibonacci Price Projections or Objectives

step 5     Fibonacci Price Cluster Setups: Trade Setup 1

step 6      Symmetry—The Power Tool: Trade Setup 2

step 7    The Two-Step Pattern Setup: Trade Setup 3

step 8      Triggers and Indicators

step 9    The Ideal Trade Setup

step 10  From Analysis to Trade Entry—Putting It All Together

Read More

Top 6 Ebusiness and Emarketing sites list

Top 6 E business and E marketing

    Here is E business and E marketing site list to build your second income. you can make more money with this sites

1:   paidsocialmediajobs.com

2:  www.paid-surveys-at-home.com 

3:  Hot - Click 4 Surveys

4:  Getpaidtakingpictures.com

5:  Getcashforsurveys.com

6:  earncashyearly.com

Read More

how to create paypal account step by step

paypal guied - how to create paypal account step by step

  if you think to make money online or buy/sell online then you need an online payment system so in this post i am going to show you how to create Paypal account step by step.

     PayPal is a very popular online payment system. It allows you to link your credit and debit cards so that you don't have to re-enter information every time you shop online. You can also link your bank account to easily send and receive money. Creating a PayPal account is free, and verification only takes a few minutes.

    

     Visit the PayPal website or open the PayPal app. You can create an account from the PayPal homepage or from the app. You can install the app for free from your device's app store. The account creation process is largely the same for both the website and the app.

  Click "Sign Up for Free" or tap "Sign Up". This will begin the account creation process.

For business accounts, there are two different options, each of which have different cost structures and benefits. Standard accounts free, but customers must route through PayPal in order to check out. Pro accounts cost $30 per month, but you get to full control over how you want to design the checkout process.

The Standard free business account is the same as the old PayPal Premier account. 

   Enter your email address and create a password. Make sure that you create a strong password so that nobody else can access your financial information. 

Make sure that you enter a valid email address, as you'll need to use it to verify your account.

     Fill out the form with your personal information. You'll need to enter your legal name, address, and phone number. All of this information is required in order to create your account.

    Enter your credit or debit card (optional). After entering your personal information, you'll be prompted to enter your credit or debit card. You can enter this now or later, but you'll need to at some point if you want to verify your PayPal account.

If you don't want to enter your card information now, click "I'd rather link my bank first".

    Enter your bank account information (optional). You'll need a bank account linked if you plan on receiving money and want to be able to transfer it to your bank. You don't have to do this now if you don't want to. Just click "I'll link my bank later" to skip it for now. You'll be prompted to confirm that you want to skip the process.

   Apply for PayPal credit (optional). Before you're taken to your account's Summary page, PayPal will prompt you to sign up for a line of credit. This is optional, and you should read all of the terms carefully before applying. If you'd rather not apply for credit, click "No thanks".

   Confirm your email address. In order to receive money at your PayPal account, you'll need to confirm your email address. You should have received an email when you created your account. Click the "Yes, this is my email" button in the email message to confirm your email address.

   If you can't find the message, check your Spam folder or "Purchases" label in Gmail. You can have PayPal send another message from your account Summary page. Click "Confirm Email" to send another message.

    Link your bank account. In order to send money from your bank account or transfer funds you receive to your account, you'll need to link it with PayPal. Click the "Link a bank" option on your account Summary page to get started. Sending money to friends and family from your linked bank account is cheaper than using your debit or credit card.

   If your bank is listed, you'll be able to enter your online banking login information to automatically link your account.

If your bank is not listed, you'll need to enter your account number and routing number. You can find these on the bottom of your checks. This will take a day or two to confirm. PayPal will make two small deposits into your account, totaling less than a dollar. You'll need to enter these two values in order to confirm that you are the owner of the bank account. You'll be able to find these deposits on your online statement after 24-48 hours.

   Link your debit or credit cards. You can use PayPal to manage your various credit and debit cards, allowing you to checkout from websites without having to enter your information each time. Click the "Link a card" option on your Summary page to add a card to your PayPal wallet. You'll need to enter the card number, expiration date, and security code. The name on the card must match the legal name you entered when creating your account. Cards are linked instantly.

You can also use this method to add a prepaid gift card from Visa, MasterCard, American Express, or Discover.

See here for other online bank accounts

Read More

What is Forex Trailing Stop and How to Use Trailing stop

Forex Trialing Stop what and How to Use it

Forex Trailing Stop what and How to Use it

   Forex Trailing Stop are a more advanced type of stop loss order that can reduce the risk on your trade as the trade progresses. It does this by adjusting itself to a more favorable rate as a trade moves in a trader’s favor.While this type of order is not necessary knowledge to becoming a successful trader, Trailing Stop have applications in various trading techniques and it’s a good concept to learn.

There are two main types of Trailing Stop that you will encounter, Dynamic and Fixed-Step. You can choose either type when placing a market order or an entry order after clicking the Advanced button, seen below. To test out these different type of orders yourself, register for a FREE Forex trading demo account.

Learn Forex: Two Types of Forex Trailing Stop

Dynamic Forex Trailing Stop

The dynamic option is the most common trailing stop. This will adjust our stop every 0.1 pip that the trade moves in our favor. For example, let’s say we set our dynamic stop initially at -10 pips and then the trade moves in our favor 1 pip. Our stop would move 1 pip from -10 pips to -9 pips. The further the trade moves in your favor, the further our stop will move, pip for pip (actually, to be more exact, it will move in 0.1 pip increments).

You can see that this would reduce our risk on the trade the further the trade moved in our favor, because that would result in a smaller stop loss. But let’s say the trade does not go in our favor, what happens then?

Absolutely nothing. A trailing stop will only move in one direction and that is in our favor. So if a trade goes against us, our stop will not move further away. Our stop also won’t give up any ground it might have gained from a prior positive price move either. It will stay at its “high water mark” until it is hit or until the trade is closed out, canceling the stop order.

Fixed-Step Forex Trailing Stop

The fixed option is very similar to dynamic, except it will only trail in fixed increments of pips. When selected, there is a 2nd field we can change. This is our fixed amount of pips we want our stop to move. So rather than having a stop trail every 0.1 pips like the dynamic trialing stop, we can have it trail every 10 pips, 20 pips, 50 pips, whatever we would like.

This results in a slower Trailing Stop that waits for a certain number of pips to be accrued before moving that amount of pips. For example, let’s say we had a -50 pip stop loss that we set to trail with a fixed-step of 10. Our stop will stay at -50 until the price moves in our favor a full 10 pips. Once +10 pips of floating profit is reached on the trade, our fixed-step stop would jump from -50 to -40. Our stop would then stay at -40 until the price moved in our favor another 10 pips up to +20 pips total. In which time our stop would move from -40 to -30, and so on.

Stop losses are an important part of money management. If you would like to learn how to better use stops, limits and other managing orders

see the videos to learn more about Trailing Stop

Read More