Some Vids that I found useful when trying to understanding the markets. Remember there are lots of information available on the internet of which 90% are useless !! By posting this material, I am not recommending purchase of any material but for you to take avantage of the free information provided.
Market Structure (Watch multiple times and try to identify on charts) :
http://www.youtube.com/watch?v=bnwTo3EKwNk
http://www.youtube.com/watch?feature=player_detailpage&v=eIR0hvhdvrI
http://www.youtube.com/watch?v=Keu63HjBz58
http://www.youtube.com/watch?feature=player_detailpage&v=JoIOCZkr8UA
http://www.youtube.com/watch?feature=player_detailpage&v=5pXR4lMxVx0
http://www.youtube.com/watch?feature=player_detailpage&v=9V-tCIEdiLA
http://www.youtube.com/watch?feature=player_detailpage&v=7pfV3w7vS4A
http://www.youtube.com/watch?v=DAv4lj-TA4Q
http://www.youtube.com/watch?feature=player_detailpage&v=DSieueJs83g
Indicators
There are lots of indicators freely available on the net. My advise is to test as many different types as possible before using the few that mirrows the information displayed on the charts. Don't be afraid to change the setting so that it gives you the best probability of success for future price movement (remember that extreme price movevement can also upset some indicators)
The above is only a tiny fraction of what you should know but you will be able to look at charts on any market and time scale to anticipate price movements.
Take ideas from the above in order to formulate your trading strategy and practise with a demo account until you are confident with your approach. Label charts with the information that you know and you will look at charts in a more meaningful way.
NEVER TRADE WITH MONEY THAT YOU CANNOT AFFORD TO LOOSE !!!
Good luck for the future !
Market Structure (Watch multiple times and try to identify on charts) :
http://www.youtube.com/watch?v=bnwTo3EKwNk
http://www.youtube.com/watch?feature=player_detailpage&v=eIR0hvhdvrI
http://www.youtube.com/watch?v=Keu63HjBz58
http://www.youtube.com/watch?feature=player_detailpage&v=JoIOCZkr8UA
http://www.youtube.com/watch?feature=player_detailpage&v=5pXR4lMxVx0
http://www.youtube.com/watch?feature=player_detailpage&v=9V-tCIEdiLA
http://www.youtube.com/watch?feature=player_detailpage&v=7pfV3w7vS4A
http://www.youtube.com/watch?v=DAv4lj-TA4Q
http://www.youtube.com/watch?feature=player_detailpage&v=DSieueJs83g
Indicators
There are lots of indicators freely available on the net. My advise is to test as many different types as possible before using the few that mirrows the information displayed on the charts. Don't be afraid to change the setting so that it gives you the best probability of success for future price movement (remember that extreme price movevement can also upset some indicators)
The above is only a tiny fraction of what you should know but you will be able to look at charts on any market and time scale to anticipate price movements.
Take ideas from the above in order to formulate your trading strategy and practise with a demo account until you are confident with your approach. Label charts with the information that you know and you will look at charts in a more meaningful way.
NEVER TRADE WITH MONEY THAT YOU CANNOT AFFORD TO LOOSE !!!
Good luck for the future !