Tomorrow is Good Friday and as some may wish to take the long weekend off, sessions will resume next Tuesday.
For last night, all students were expected to try to do the whole process of putting on an intraday trade of any major currency pair. Here are video clips of students, many struggling with lack of confidence.
Student on his own
1 Period Swing
Ray’s summing up
High/Low Probability trades
Majors/ Crosses of Fx
1. This week’s sessions are learning periods for students
2.Many are still struggling with the basic foundation of the course due to :
3.Failure to focus on revising to internalize the basic principles taught
4.Not taking baby steps towards understanding course materials, recordings and video clips of their own performances
5.Information overload with extraneous materials read instead of focusing on the course materials
6.Not giving themselves time to revise and learn in between nights of hand-holding sessions.
1.Cross currencies simply refer to currency pairs, or crosses, that do not involve the US Dollar. As the US Dollar is the most heavily traded currency in the Forex market, one can think of cross currencies as being more obscure than the major currency pairs.
Behind the US Dollar, the Euro and the Japanese Yen are heavily traded and often held as reserve currencies by various nations. As such, several Euro- and Yen-based crosses exist, including: EUR/GBP, EUR/JPY, GBP/JPY, CHF/JPY, EUR/CHF (CHF being the Swiss Franc), EUR/CAD, EUR/AUD, and EUR/NZD.
2.Foundation reading is recommended and you have one ebook specially written for HOS students: please check at www.anatrader.com for A-Trading Compendium to BarroMetrics.
3.Make the best of the remaining 10 days or so to catch up on your reading, revisions and to ask relevant questions that are uppermost in your mind at next week’s hand-holding sessions while our mentor is still freely available to you.
Students of HOS should have received the link to the recordings in the first week of April which has been updated each week and remains the same link for recordings.
These are my own observations and our mentor may comment or add more.
Have a Happy Easter weekend