Lukman’s Week Ahead: Market Themes to Watch Out For – Webinar March 18

Take an in-depth look at the latest developments in the global financial markets with FXTM’s Research Analyst, Lukman Otunuga. An authority on the markets, Lukman is frequently quoted by leading media across the globe, including the BBC, CNBC, CNN Money and Reuters. Join Lukman for expert insights on the latest market movements, potential trading opportunities and what the week ahead has in store for traders. Enjoy an expert look at: • The key themes driving the financial markets • Technical and fundamental trading ideas on the MT4 platform • How to use the latest FXTM trading signals • Using fundamental analysis to increase your profit potential • What to monitor over the coming week
Lukman Otunuga has been a Research Analyst at FXTM since 2015. A keen follower of macroeconomic events, with a strong professional and academic background in finance, Lukman is well versed in fundamental and technical analysis. His in-depth analysis on global currency and commodity markets is often cited by leading international media, including the Associated Press (AP), BBC, CNBC, CNN, Marketwatch, NASDAQ, and The Telegraph. He has also appeared on Africa’s biggest television network, NTA 2. Lukman holds a BSc (hons) degree in Economics from the University of Essex, UK and an MSc in Finance from London School of Business and Finance.

FXTM Trader App – Webinar March 19

Enjoy a personal tour of one of FXTM’s most innovative and popular products – our super-fast mobile trading app, FXTM Trader!

Let an expert trader, FXTM in-house Forex Educator Bilal Jafar, show you all the incredible features and benefits of trading on the go. Completely free to attend, this webinar will get you up to speed on mobile trading in general and run you through the set up process of the FXTM Trader app.

Explore:

  • Why mobile trading is so popular
  • What makes FXTM Trader special
  • How to get started on FXTM Trader

Don’t miss this chance to discover a whole new way to trade!

Bilal Jafar is a Forex Educator with FXTM. He holds an MBA in Finance from the Institute of Business & Management, Lahore, and has over eight years of experience in the financial markets. He started his journey as a forex trader and also worked in different positions within sales and education. In 2015, he founded and began serving as the Editor of Pak Economy, one of Pakistan’s leading business and financial magazines. After working as a Business Development Manager with FXTM, he then joined the Education department to pursue his passion for sharing his forex knowledge. His diverse experience in sales, media and education gives him an extra edge that helps him better understand traders’ educational needs.

Fundamental Analysis and its Impact on the Forex Market – Webinar March 11

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Join FX Educator Bilal Jafar for the ‘Fundamental Analysis and its Impact on the Forex Market’ webinar, and discover the importance of fundamental analysis. Find out about key economic indicators, the impact of fundamental analysis on the forex market, non-economic factors affecting the markets and more. This webinar is tailor-made for experienced and beginner traders alike – register today.
Bilal Jafar is a Forex Educator with FXTM. He holds an MBA in Finance from the Institute of Business & Management, Lahore, and has over eight years of experience in the financial markets. He started his journey as a forex trader and also worked in different positions within sales and education. In 2015, he founded and began serving as the Editor of Pak Economy, one of Pakistan’s leading business and financial magazines. After working as a Business Development Manager with FXTM, he then joined the Education department to pursue his passion for sharing his forex knowledge. His diverse experience in sales, media and education gives him an extra edge that helps him better understand traders’ educational needs.

FXTM Educational Resources – Webinar March 12

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Discover the wealth of educational opportunities waiting for you with this introductory free webinar from FXTM.

Education is key for any successful trader. With FXTM, you can learn how forex trading works, how and why the markets move and how to increase your trading efficiency from our huge range of popular, expert-designed educational resources. In-house Forex Educator Bilal Jafar will lead the session and show you how to get the most out of:

  • Trading Signals
  • Ebooks
  • Articles
  • Webinars & Seminars
  • Educational Videos
  • The Forex Glossary

Don’t miss this chance to get to know all the educational resources we have to offer!

Bilal Jafar is a Forex Educator with FXTM. He holds an MBA in Finance from the Institute of Business & Management, Lahore, and has over eight years of experience in the financial markets. He started his journey as a forex trader and also worked in different positions within sales and education. In 2015, he founded and began serving as the Editor of Pak Economy, one of Pakistan’s leading business and financial magazines. After working as a Business Development Manager with FXTM, he then joined the Education department to pursue his passion for sharing his forex knowledge. His diverse experience in sales, media and education gives him an extra edge that helps him better understand traders’ educational needs.

Introduction to Forex Basics Part II – Webinar March 13

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Join FXTM’s experienced Forex Educator Theunis Kruger for his insightful webinar ‘Introduction to Forex Basics Part II’. Designed for beginners, this session will guide participants through the foundations of the forex market and includes step-by-step demonstrations. Topics include terminology, the different classes of currencies, FXTM’s educational resources and much more! Don’t miss out – sign up for this exclusive free webinar today to learn from the comfort of your own home!
FXTM Forex Educator Theunis Kruger has always been fascinated by economics, with a particular interest in ‘wave’ formations and how they can be used to forecast and analyse trends in the financial markets.  He began to trade personally as a hobby, but his keen insights and aptitude soon paved the path towards a successful career. With a decade of solid trading experience to his name, Theunis now enjoys sharing his forex knowledge with others. He also has experience in real estate and holds a degree in Town and Regional planning, complimenting his passion for securing a healthy financial future.

Webinar: Technical Analysis, How to Identify Trend Reversals

Trade 100 Bonus – start with zero investment and learn to trade like a champion

“Trend is your friend”. Have you ever heard this phrase? We are sure you have. But the trend isn’t eternal. And it’s highly important to know how to predict its reversals to make another trend friendly to you.

Would you like to learn how to do it easily and quickly? Chief market analyst Darya Bobrova will tell you ways to determine trend reversals without effort.

Risk & Money Management, An Essential Topic – Webinar February 27

Join Our HotForex Webinar Series

Risk and Money Management are two of the most essential trading principles every trader must know and use. Join Stuart for this informative webinar where you will gain an understanding of these fundamentals, learn how to apply them, get your questions answered and more as he explains:

  • Some simple rules and principles
  • The Art of the Stop Loss and Take Profit
  • Thinking differently – it’s a marathon, not a sprint

REGISTER FOR FREE27 FEBRUARY 2019, 11:00 AM

About Stuart Cowell, HotForexs’ Head Market Analyst

Stuart is a passionate advocate of keeping things simple. His forex webinars aim to make you understand how the news, charts and sentiment work together to provide trading opportunities across all asset classes and all time frames.

Stuart has been trading the global markets since 1997 and has also run his own consultancy. He is now a valuable contributor to our team of forex webinar presenters. Stuart believes that knowing yourself and employing effective risk management are the keys to successful trading.

Introduction to Forex Basics Part I Webinar – Webinar February 27

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Just starting out in forex or looking for a refresher? Join FX Educator Theunis Kruger for the ‘Introduction to Forex Basics Part I’ webinar, a session aimed at beginners that even intermediate traders could benefit from. Thanks to years of trading experience, Theunis is perfectly poised to guide you through the bare essentials of forex, including an overview of base and quote currencies, pip and lot sizes, and a thorough breakdown of margin and leverage. As with all our webinars, ‘Introduce to Forex Basics – Part I’ is completely free for our clients so be sure to take advantage of this great opportunity and register today!
FXTM Forex Educator Theunis Kruger has always been fascinated by economics, with a particular interest in ‘wave’ formations and how they can be used to forecast and analyse trends in the financial markets.  He began to trade personally as a hobby, but his keen insights and aptitude soon paved the path towards a successful career. With a decade of solid trading experience to his name, Theunis now enjoys sharing his forex knowledge with others. He also has experience in real estate and holds a degree in Town and Regional planning, complimenting his passion for securing a healthy financial future.

Lukman’s Week Ahead: Market Themes to Watch Out For – Webinar March 4

Open your FXTM account today

ake an in-depth look at the latest developments in the global financial markets with FXTM’s Research Analyst, Lukman Otunuga. An authority on the markets, Lukman is frequently quoted by leading media across the globe, including the BBC, CNBC, CNN Money and Reuters. Join Lukman for expert insights on the latest market movements, potential trading opportunities and what the week ahead has in store for traders. Enjoy an expert look at: • The key themes driving the financial markets • Technical and fundamental trading ideas on the MT4 platform • How to use the latest FXTM trading signals • Using fundamental analysis to increase your profit potential • What to monitor over the coming week.
 Lukman Otunuga has been a Research Analyst at FXTM since 2015. A keen follower of macroeconomic events, with a strong professional and academic background in finance, Lukman is well versed in fundamental and technical analysis. His in-depth analysis on global currency and commodity markets is often cited by leading international media, including the Associated Press (AP), BBC, CNBC, CNN, Marketwatch, NASDAQ, and The Telegraph. He has also appeared on Africa’s biggest television network, NTA 2. Lukman holds a BSc (hons) degree in Economics from the University of Essex, UK and an MSc in Finance from London School of Business and Finance.

Introduction to Japanese Candlesticks Part II – Webinar March 5

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Join FXTM’s experienced Forex Educator Theunis Kruger for the insightful Introduction to Japanese Candlesticks Part II webinar.

Designed for both new and seasoned traders, this presentation will teach attendees about the history and applications of Japanese Candlesticks. Theunis will provide participants with practical, step-by-step demonstrations in order to help traders improve their overall trading confidence.

Don’t miss out – sign up for this interactive webinar today to learn from the comfort of your own home!

FXTM Forex Educator Theunis Kruger has always been fascinated by economics, with a particular interest in ‘wave’ formations and how they can be used to forecast and analyse trends in the financial markets.  He began to trade personally as a hobby, but his keen insights and aptitude soon paved the path towards a successful career. With a decade of solid trading experience to his name, Theunis now enjoys sharing his forex knowledge with others. He also has experience in real estate and holds a degree in Town and Regional planning, complimenting his passion for securing a healthy financial future.

The Elliott Wave Principle and Trading Strategies – Webinar February 26

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With experienced FX trainer Harsh Narendra Japee, you could develop a clear and precise understanding of Elliott Wave formations, and improve your knowledge of popular trading strategies. Plus, discover vital trading tips – from how to spot a potential trade setup within a wave, to discerning the basic structures of motive and corrective waves. This opportunity won’t be around for long – register now!

Harsh Narendra Japee holds a B.E. in Computers and has worked in the forex markets for over ten years, providing him with a wealth of experience. After discovering his passion for Technical Analysis, he authored the “FX Technical Traders Handbook” and regularly wrote technical analysis articles and Chart Setups for established FX brokers.

Harsh has delivered training at MBA colleges for Finance students, and is a certified Elliott Wave Analyst. Over the course of his career, he has provided technical analysis training to around 3000 participants and conducted more than 1200 online training sessions. Harsh is also a prominent speaker at international events, having lectured in South Africa, across Asia and beyond. In June 2018, he became an FX Trainer at FXTM and is an indispensable addition to the Education team.

Trend Indicators and Popular Trading Strategies – Webinar February 28

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In the Trend Indicators and Popular Trading Strategies webinar, FXTM’s Head of Education and renowned FX Guru, Andreas Thalassinos, will delve into the importance of trend in technical analysis. You will learn how to apply and use trend indicators to enhance your strategies, how to differentiate between trending and non-trending markets, and much more! Develop your trend knowledge with a true master – register for this exclusive and free webinar today!

FXTM’s Head of Education is a highly-respected FX educator and Certified Technical Analyst. An authority in algorithmic trading, Andreas Thalassinos is also known for developing hundreds of automated systems, indicators and trading tools used today.

His passion for educating traders and forex industry professionals has made him an industry Guru, with tutorials and webinars consistently viewed by thousands of traders around the world. Thalassinos’ seminars are renowned for their lively atmosphere and exceptionally informative content and enjoy outstanding attendance every time.

These seminars and workshops are tailored to all experience levels and trading styles. They focus on the importance of trend and risk management to maximise earning potential.

In recognition of his unparalleled knowledge, Andreas Thalassinos holds an MSTA certificate from the Society of Technical Analysts (UK) and both CFTe and MFTA from the International Federation of Technical Analysts (USA). His latest thesis is Anatomy of a Living Trend: Swing Charts, High Points and Low Points, Peaks and Troughs and how their underlying structure may define their forecasting strength.

Live Market Trading Strategies – Webinar February 19

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Do you want to learn how to analyse a live chart, expand your knowledge of trading strategies, and learn how to set up a trade? Join FX Trainer Harsh Narendra Japee for this engaging webinar and witness popular trading strategies in action. Receive practical knowledge of how to apply strategies to the markets. Don’t miss out – register today!

Harsh Narendra Japee holds a B.E. in Computers and has worked in the forex markets for over ten years, providing him with a wealth of experience. After discovering his passion for Technical Analysis, he authored the “FX Technical Traders Handbook” and regularly wrote technical analysis articles and Chart Setups for established FX brokers.

Harsh has delivered training at MBA colleges for Finance students, and is a certified Elliott Wave Analyst. Over the course of his career, he has provided technical analysis training to around 3000 participants and conducted more than 1200 online training sessions. Harsh is also a prominent speaker at international events, having lectured in South Africa, across Asia and beyond. In June 2018, he became an FX Trainer at FXTM and is an indispensable addition to the Education team.

Identifying and Trading Momentum – Webinar February 20

Join Our HF Markets Webinar Series

Momentum is a key component in many trading strategies. It can be measured in a number of ways with a number of indicators and over a number of timeframes. Join Andria today for a comprehensive review and interactive Q&A of this key topic where she will discuss:

  • The many ways Momentum can be measured
  • The principles of trading Momentum
  • Momentum in different timeframes

REGISTER FOR FREE: Wednesday, 20 February, 11 AM GMT

About Andria Pichidi, HF Markets’ Analyst: 

Having completed her five-year-long studies in the UK, Andria Pichidi has been awarded a BSc in Mathematics and Physics from the University of Bath and an MSc degree in Mathematics, while she holds a postgraduate diploma (PGdip) in Actuarial Science from the University of Leicester. Following her various academic endeavors, Andria set eyes on the fascinating Forex industry where she has obtained valuable experiences after being active in the field for the past few years. In 2016, she joined HotForex as a Market Analyst with a mission to actively support the company’s clients in becoming better traders, by delivering daily market reviews.

Introduction to Trading Indicators & Oscillators Part I – Webinar February 20

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Join FXTM’s experienced Forex Educator Theunis Kruger for his exclusive webinar ‘Introduction to Trading Indicators & Oscillators Part I’.

Designed for both new and intermediate traders, this presentation includes a thorough overview of both the Moving Averages and the Moving Average Divergence Convergence (MACD) indicators. Theunis will provide participants with practical, step-by-step demonstrations, as well as detailed information on the valuable educational resources that FXTM has to offer.

Don’t miss out – sign up for this interactive webinar today to learn from the comfort of your own home!

FXTM Forex Educator Theunis Kruger has always been fascinated by economics, with a particular interest in ‘wave’ formations and how they can be used to forecast and analyse trends in the financial markets.  He began to trade personally as a hobby, but his keen insights and aptitude soon paved the path towards a successful career. With a decade of solid trading experience to his name, Theunis now enjoys sharing his forex knowledge with others. He also has experience in real estate and holds a degree in Town and Regional planning, complimenting his passion for securing a healthy financial future.

Using Win/Loss Ratio in Trading

Avoiding this disaster is, luckily, easier than you think. Besides the win rate, we always focus on a simple formula called the “reward to risk ratio”. Simply said, it means that you compare two figures with each other: what do you win when you win and how much do you lose when you lose.

This article not only explains the reward to risk ratio itself but also shows how the reward to risk ratio offers more transparency and why this is one of our core principles at Elite CurrenSea. But first, we start with the importance of good Forex education.

Forex Education – Be Aware

The continuous supply of online trading education seems endless. The volume of material could easily overwhelm anyone who is looking to start with trading or anyone who is searching for more in-depth information about trading.

Often trading educators promote oversimplified information in an attempt to impress their public… But they purposefully ignore or fail to share their full trade statistics.

Luckily, there are a couple of key tips and tricks that traders can use in order to find good and reliable mentors. Following these few critical steps could save you a lot of headaches:

  • Research the mentoring website on Forex Peace Army. Evaluate the rating, check the comments and also make sure that there are a sufficient number of reviews.
  • Evaluate their transparency and openness. Evaluate whether they are sharing their trading statistics and also check what information is being shared.
  • Check out their YouTube channel. Are there serious videos with good analysis and education or are they only promoting others and offering quick-rich schemes?
  • Check their website for day-to-day help. Anyone can create a system and leave it there forever. Live analysis and setups indicate an active team.
  • Visit their seminars. Speaking to traders face-to-face makes a huge difference and you can judge their word and credibility easier.

When you keep an eye on these 5 things, then you know that you are talking to serious traders with meaningful and professional advice.

Especially seminars offer a useful way of learning. First of all, the information is conveyed face-to-face which makes it easier to retain knowledge. Secondly, seminars add a networking opportunity to the mix as well.

FX& CFD Education

Talking to other traders from the trading community can be almost as valuable as learning from mentors themselves. Traders like to help each other out by sharing tips, explaining tricks, and showing new short-cuts. Generally speaking, traders can learn a lot from their mentors, peers, and even students (teaching traders with less experience). Good mentors strive to offer a hub where trader learn, network, connect, become curious, and get creative.

The first concept that we explain to traders when they join our seminars or website is this simple fact: the reward to risk ratio is just as important as the win percentage. Most traders are surprised or even shocked, to hear this statement but the mathematical truth is simple. Let’s explain.

A danger of Only Using Win Rate

Do you sometimes dream of achieving a 99% win rate? It seems perfect but only a few traders understand the underlying risk. Essentially one bad loss or unlikely event could make your track record meaningless. Sometimes traders call this unlikely event a Black Swan (a low chance event with a massive impact – any regular loss in Forex and CFD trading is not considered a Black Swan).

Let’s say that you managed to trade with unprecedented accuracy and you made:

  • 25 wins in a row
  • With an average of 2 pips per trade
  • For a total of 50 pips.

Of course, nobody can book wins forever and a loss is only a question of time. Ironically, it only takes one loss of 50 pips to wipe out all of the previous gains. A loss of 100 pips in one single trade setup, in fact, puts the entire account at a major loss (+50 – 100 = -50 pips).

Most traders like to aim for and boast about a high win rate but unfortunately, it just gives traders a false sense of achievement and security. A trader could actually win 95%+ of their trade setups but still lose money in the long run.

Reward to risk ratio

Reward to Risk Ratio Explained

Traders can improve their approach and trading performance by simply adding the reward to risk (R:R) ratio, besides using the win rate.

The R:R ratio indicates what traders can expect to win and loss on average. As mentioned above, what do traders win when they win and how much do they lose when they lose.

Here is a definition:

  • Reward: average profit made per setup
  • Risk: average loss made per setup
  • Reward to risk ratio: average profit versus average loss.

Let’s give a simple example:

  • Your winners closed for an average of 15 pips and your losses for an average of 10 pips – what is the R:R ratio?
  • The answer is 1.5. The 15 pip average win is one and half time as a large as the 10 pip average loss.

Assuming an average win of 60% versus a loss percentage of 40, what is your expected profit?

  • Expected profit = (average profit * win percent) – (average loss * loss percent)
  • Let’s continue with our example:
    (15 pips * 60%) – (10 pips * 40%) = (9 pips) – (4 pips) = +5 pips per setup.

All in all, you are netting an average of +5 pips per trade setup, even though your win rate is only 60%. Now compare the +5 pips expected profit with the ultra high win rate (25 wins out of 26 setups):

  • (2 pips * 96%) – (50 pips * 4%) = (1.92 pips) – (2 pips) = -0.08 pips per setup.

The strategy with a 60%, counter-intuitive to many traders, is in fact far more profitable than a strategy that offers a 96% win rate. The R:R ratio helps you discover which strategy is better and more profitable and provides you with a 360-degree view of your average expected profits per setup.

There are two ways how you could improve your profit expectancy:

  1. Improve your win percentage by creating better trade ideas and/or improving your timing for trade entries.
  2. Improve your R:R ratio by cutting your losses short and/or letting your winners run.

The R:R ratio is a key aspect of risk management, which remains a core point for all type of traders.

Transparency and High Valued Education

We used the R:R ratio in this article as a prime example that trading is not as simple as some people promise. Many traders tend to boost their performance by only mentioning the pips gained (how risk is taken?) or their win rate (what is the R:R ratio?). Now you know that both of these statistics mean little without the proper context.

In fact, we at Elite CurrenSea decided to make its education more dynamic by offering regular forex and CFD seminars from the fall of 2018 and onwards. The first concept that we explain to traders when they join our seminars or website is this simple fact: the reward to risk ratio is just as important as the win percentage. If you find the topic interesting, join our facebook page and tune in to the live broadcast of the full Utrecht event 15:00 on February 16th. You can also find the recording later on our YouTube page.

REGISTER FOR FREE

Wishing you good trading,

Nenad Kerkez
Chris Svorcik

Elite CurrenSea

Elite CurrenSea is a website focused on Forex & CFD trading, analysis, systems, and software. It offers two proprietary trading systems called ecs.CAMMACD and ecs.SWAT and also a live service with trade setups, ideas, analysis, and webinars called “ecs.LIVE”. Our trading is based on a mixture of indicators, patterns, and price action for tackling the markets.

Riding the Trend – Season 2 – Webinar February 18

In the Riding the Trend – Season 2 webinar, FXTM’s Head of Education in Nigeria, Conrad Okongwu, will introduce you to even more opportunities within a trend – including multiple entry points, exiting at the peak of a trend, trailing stops while riding the trend and much more. Develop your trend knowledge even further and register for this exclusive webinar today!
Conrad Okongwu is FXTM’s Head of Education in Nigeria. He holds an MSc in Quantitative Finance, and also a degree in Financial Trading Analysis from the University of Essex. With over 10 years of personal trading experience in currency, commodities and CFD markets, he has instructed over 10,000 traders through regular professional workshops and seminars on the art of technical analysis.