timing: 3:00 pm until 4:30 pm Beirut time
intructor: Johnny Accary
Topic: merging between technical & fundamental analysis
Description: The session will treat crucial forex trading strategies; provide a thorough understanding of technical analysis, an essential skill for any successful trader. This session will explore different type of markets, understanding and determinating key levels on the chart. It will also study the fibonacci theory and some important technical indicators in order to become a profitable trader. Moreover, the session shall shade lights on the importance of fundamental analysis.
- Types of Markets
-Bull Markets
-Bear Markets
-Ranging Markets
-How to strategize for each market type - Drawing the key levels
-The theory of supports and resistances in forex trading
-Identifying key support and resistance levels
-Using support and resistance levels to optimize entry and exit points - Fibonacci retracement:
-where & when this strategy is useful
-most common used fibonacci levels
- combination with other technical tools - Fundamental Analysis
-economic calendar
-main economic macrovariables - Combination between technical & fundamental analysis
-understanding fundamental analysis on the long term
-indentifying long term trend using fundamental analysis
-applying the strategies on the chart