LeverageFX

Forex Training - How to Trade Forex

These are a collection of our Free Forex Videos that will teach you how to trade Forex markets like a professional. Learn how our proprietary Forex indicators and Forex Signals will benefit your trading.


Risk Disclaimer: Trading spot currencies involves substantial risk and there is always the potential for loss.  Your trading results may vary.  Because the risk factor is high in the foreign exchange market trading, only genuine "risk" funds should be used in such trading.  If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market.  No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss.

New Videos



New Sortable Currency Meter Now you can auto link currency meters and charts to our quote/hotlists. We've always had this ability but it only worked with minute based charts and would lose our LIVE ONLY signals. Our new Range Charts and tick charts along with real time only signals and trend strength would disappear every time the sort order changed. We've fixed this by using blank PLACE HOLDER charts and linking them to the quote/hotlist and also the charts that will be moved ON TOP of them!
Sort Currencies from Strongest to Weakest Now you can sort your quote sheet or hotlist and see strongest to weakest currencies and link these to charts. For instance once you have sorted and have strongest currencies on top and weakest on the bottom have them sort your visible charts in the same order. Suggestion: Put strongest currencies to buy on one monitor and weakest ones to sell on another. By focusing on strongest trending currencies and their directions it should help you avoid the worst non moving pairs and find more high probability trades.
Daily / Weekly / Monthly Trend Intensity. This video explains our new Pivot Score Daily / Weekly / Monthly trend tool which shows not just each currency's direction but also its trend intensity. Because it factors in major support and resistance levels when trend score changes it means currencies are breaking through major buy/sell areas and may continue.
What is a Forex Range Bar? This video shows that and how to know how many pips per bar to trade with We finish with why we believe it is superior to time based intraday charts. First a range bar shows X number of pips per bar. If you setup a 6 pip per bar chart after that bar moves 6 pips it starts another bar. As you can probably imagine this makes trading volatile markets and news events much easier as you can see more bars and during dead times there are fewer bars when nothing is going on.
ONE SIZE Does NOT Fit All! We have many statistical trend tools that compare each currency to all others on multiple time frames, some measure direction and others measure INTENSITY of direction. Now you can create a weighted one vs watching 2-3+ indicators which makes your trading simpler and more intuitive and allows you to watch more currencies or have bigger price bars. Test various settings to find those that work BEST for your style and time frame of trading.

How to Use Our Forex Software



This Forex Video Software Manual will show you HOW to use and operate our software - From setting up charts, adding indicators and studies, resizing and moving charts, using our drawing tools, shortcut keys, and how to setup a powerful trading workspace in literally 2-5 minutes as we've created sample charts with all of our best tools. You will also learn how to practice trade using our demo trading feature which can help you gain experience in the FASTEST time.
New Sortable Currency Meter Now you can auto link currency meters and charts to our quote/hotlists. We've always had this ability but it only worked with minute based charts and would lose our LIVE ONLY signals. Our new Range Charts and tick charts along with real time only signals and trend strength would disappear every time the sort order changed. We've fixed this by using blank PLACE HOLDER charts and linking them to the quote/hotlist and also the charts that will be moved ON TOP of them!
This is an UPDATE to our other Forex Manual Video. We have simplified setting up a powerful Forex workspace using our latest and best charts, indicators, currency meter technology and Hotlist Currency Scanner. Watch this video and you can create your trading workspace in 5-15 minutes max.
What is a Forex Range Bar? This video shows that and how to know how many pips per bar to trade with We finish with why we believe it is superior to time based intraday charts. First a range bar shows X number of pips per bar. If you setup a 6 pip per bar chart after that bar moves 6 pips it starts another bar. As you can probably imagine this makes trading volatile markets and news events much easier as you can see more bars and during dead times there are fewer bars when nothing is going on.

Basic Forex Trading Concepts



Forex Risk - How to Take Losing Trades:  This forex video lesson is the MOST important video you can watch. It discusses the risks of Forex trading and how EVERY trading indicator and system does have losing trades and how to handle them and prepare for them. The goal of every professional trader is to maximize winning trades while minimizing losing trades.  This video discusses ways we feel will help you in this regard.
We believe that this critical Forex video lesson will show you a secret to Forex Trading, i.e. how many lots do you trade and still maintain low risk per trade. Many new traders can easily have 2, 3 or even 5 losing trades in a row and this tool will help you increase your winning percentage by sometimes scaling into trades WHILE maintaining a low 1 to 2% risk per trade!

Forex ENTRY Method Videos



Identify STRONG Trend, Wait for Pullback, Draw Trendline, When Broken ENTER: This lesson discusses one of the two different entry methods we use and teach. The first step is to find a strong trend up or down. You can do this using our Currency Meter or statistical trend tools. Then wait for a pullback which is a counter trend move against the current trend. Draw trendline over highs for uptrends or below lows for downtrend and when the second price breaks trendline you enter trade in the direction of the previous strong move.
Identify STRONG Trend, Wait for Sideways Consolidation, Enter on Breakout in Trend Direction: This lesson discusses our other entry technique. The first step is to find a strong trend up or down. You can do this using our Currency Meter or statistical trend tools. Then wait for 30+ minutes for price to go sideways with lower volatility. When price breaks out in direction of trend enter trade. Place stop above/below consolidation area.

Forex Chart Pattern Videos



Low volatility periods tend to lead to trends. This Forex video discusses Wedge Patterns which are usually triangle shaped patterns of decreasing volatility. This is important as volatility goes from high to low to high to low again. By getting into a breakout trade after a low volatility period you should have an ultra tight stop and trends tend to occur after these patterns.
Flag Patterns are a Continuation Pattern. Wait for a momentum move up/down and a flag is a 15 minute to 1 hour+ sideways very narrow volatility move. You enter upon breakout in the direction of the previous trend. Using LeverageFX statistical trend tools may help you. For example if FX Trend Intensity is 20+ then we feel flag pattern breakouts are more likely to work.
Counter Trend Pattern - Double Tops and Double Bottoms often find the end of the move and thus make a great place to look for counter trend trades. They also are great places to look to exit a trend trade. Be careful of Triple Tops or Triple Bottoms as they rarely work for counter trend trades. See Divergence Counter Trend Trading System below for an even more sophisticated way of trading Double Tops & Bottoms.
Breakout Trend Pattern - Rectangle patterns show indecision and its where price goes sideways for 1-3+ hours and forms a tight, low volatility rectangle pattern. These often occur before economic news announcements or near major support/resistance levels. Buy the breakout of the high and sell the breakout of the low when the other rules fully explained in the video are met.
Counter Trend Pattern - Similar to a double top / double bottom this pattern is also a reversal pattern. When a trend is over price reverses and this pattern shows up on an attempted continuation of the primary trend. When price doesn't even go back to the previous high/low swing look for price to reverse.

Support and Resistance Forex Videos



Support = Buying / Resistance = Selling - This forex video shows how to use Support & Resistance areas to find where to buy and sell at. They also allow you to use very tight stops and can be useful in estimating profit targets for trades. If you are looking to buy and the next resistance sell area is only 10 pips away and you're risking 10 pips then the trade may not be worth taking as the potential profit target is too close. Conversely a counter trend trade which is usually a riskier type trade may be worth it if the next area is 40 to 50 pips away when your stop loss is only 10 pips.
Support Areas once Broken become Resistance Areas and Resistance Areas Once Broken become Support Areas - This concept can be used to find frequent scalping trades which can turn into nice trending trades as well. Once an area of support or resistance is broken by more than 10-15 pips price tends to come back to it like a magnet. IF price can't go back through it I call this a retest and you look to trade in the direction of the trend. This is thus a continuation pattern.
Previous Day's High and Low are STRONG Support & Resistance Areas - These levels can be used in many different ways. When price breaks below previous day's low its a sign of weakness and that trend often continues. When price breaks above previous day's high its a sign of strength and that trend often continues. These levels can be used as areas to buy and sell at depending on weekly/monthly statistical trends and today's real time statistical momentum and can also be used as profit targets or in estimating risk/reward ratios.
Previous Week's High and Low are STRONGER Support & Resistance Areas - These levels can be used in many different ways. When price breaks below previous week's low its a sign of weakness and that trend often continues. When price breaks above previous week's high its a sign of strength and that trend often continues. These levels can be used as areas to buy and sell at depending on weekly/monthly statistical trends and today's real time statistical momentum and can also be used as profit targets or in estimating risk/reward ratios. Also when FALSE BREAKOUTS happen you can trade in the opposite direction of the breakout.
Daily Pivot Point Support and Resistance - Pivot points are based on the previous day's high, low and close. The white main pivot point is the average price of the previous day and when price is above this more likely to go up and when below more likely to go down. They can be used not only as Support and Resistance areas but you can use them to place stops and for profit targets. We teach an interesting new way to use them which often helps the trader avoid choppy sideways, very hard to trade currencies.

Forex Indicators Easy



Using the Balance Point Line:  This lesson discusses how to use the balance point line, the price where most traders have positions. It is the most powerful and accurate support & resistance levels. Human behavior is often very predictable.  When traders have huge losses and then the opportunity to exit their trades at breakeven they usually do. By knowing where traders have their positions you can place very high probability trades at these levels the first and second time the market comes back to this level.
FX Multimap: This lesson will show you how to turn around your Forex trading using our new revolutionary tool! This is a new indicator which shows you how strong or weak the market is and the probability of it going up or down AND how much more the trend is likely to move the currency you are trading. We believe if you can't make money trading currencies with this tool you should give up trading. We feel its that good.
Containment Bands: This Forex video lesson will show you how to use this dual purpose indicator. It shows the hourly charts 20 period moving average and maximum volatility over the last 20 days up/down. Above the hourly MA you focus on buys and below sells and when price goes to and outside our upper and lower bands you can exit trend trades and look for counter trend trades as prices typically reverse.
Parabolic Stops:This is one of a half dozen exit methods we teach and is a trailing stop. It ratchets behind price and accelerates and gets closer to current price as time progresses. In other words it starts out wider and narrows the longer you're in a trade.
Chandelier Stops: This is one of our favorite exit methods as it uses each currency's current volatility to trail the stop. When price hits or closes outside of it you exit trade.
Trend Reversal:This tool shows when currencies move too far and alerts to possible reversals. It shows both circles and triangles with the triangles often times the end of the entire move. When you see a triangle and if Trend Intensity or our other statistical trend tools show the momentum is slowing you can look for counter trend trades.

Forex Indicators Advanced



ONE SIZE Does NOT Fit All! We have many statistical trend tools that compare each currency to all others on multiple time frames, some measure direction and others measure INTENSITY of direction. Now you can create a weighted one vs watching 2-3+ indicators which makes your trading simpler and more intuitive and allows you to watch more currencies or have bigger price bars. Test various settings to find those that work BEST for your style and time frame of trading.
Buy the STRONGEST currency vs the WEAKEST.This forex video shows you how to use our currency meter which is a real time multi time frame statistical reading of each currencies strength or weakness. It also shows you the weekly and monthly statistical trends underneath. When you see a currency hit the dotted 80 level and its strong look for buys against the weakest currency now or one that was recently weak.

Example of US Dollar Currency Meter on very strong uptrend day

IntelliTrend Measures Real Time Statistical Momentum on All Currency Pairs:This tool uses many of our statistical trend tools and using multiple time frames, and averages them together and adjusts the weights depending on where price is in relation to support/resistance levels and most probable trend direction. For example if price is up statistically too much we go from using longer term statistical trends to much, much faster ones to spot the likely trend change far earlier. Same thing if price is down statistically too much to help traders end trend trades and look for counter trend trades at advantageous levels.

IntelliTrend Statistical Trend Strength Candles

FORCE = Mass x Velocity! We've applied this physics concept to Forex trading by measureing the percentages of currencies going up/down, ie the Mass of the market and also measure statistically how volatile the market is compared to the past which is the velocity of the market. If you buy the EUR/USD you want the EUR/JPY, EUR/GBP, EUR/CHF, EUR/CAD and others going up and going up a lot and the USD/JPY, USD/CHF, USD/CAD and others going down a lot. This tool gives you the market's real time FORCE at any given second and in real time. We feel they are our best indicators.
Averages Our 4 Best and Fastest Trend Tools! This tool combines multiple of our statistical trend tools into one for easier trend identification and reading and to save chart space. By averaging these tools together it gives the best of all worlds, fast trend identification, easier interpretation of possible future price direction, takes up less chart real estate which lets you have more charts on your monitor(s) or bigger charts for easier chart pattern recognition. This indicator averages together our FX Tipping Point, FX Momentum Pro, FX Trend Candles, and FX Power Index indicators. Watch this video, signup for our free two weeks of classes to see it live and ask questions, and also watch our daily forex blog videos to see it in action day after day.
How to Determine CURRENT TREND INTENSITY of All Currency Pairs: Similar to other statistical trend tools we compare each currency vs all others in terms of trend slope. If one or both currencies in a cross pair are EXPLODING up/down vs. all other pairs you will see it on the chart.  Levels at or above 20 are strong trends which we feel are likely to continue in that direction after a pause or pullback.
Forex Dashboard- At a glance discover a wealth of information about every currency. Which are above last weeks or last months high or below low? Which currencies are strongest / weakest NOW. Find out which have strongest statistical daily, weekly or monthly trends or have gone up 3,4 or 5+ days in a row and thus are more likely to trade counter trend today. Currencies that do not move much one day often trend the following day, spot these currencies each day and focus on them.

FX Total View Forex Dashboard

How to Determine Which Direction to Trade using Statistical Daily, Weekly, and Monthly Trends: We believe this may be one of the most important Forex lessons we can teach. All traders have heard trade with the trend but which trend? Real time trend over last 15-30 minutes? Last 3 hour direction? Daily Trend? Weekly? Monthly? Its possible to have monthly trend up, weekly trend down, daily trend up and real time trend either up or down, what does a trader do? This video answers this age old question.

Forex Videos - Trend Trading Systems



This EXPLOSION Forex Trading System looks for the Strongest Currency to Buy and Weakest to Sell:Using our FX Trend Intensity tool we wait for a move of +20, then a pullback or sideways consolidation breakout for entry. You can learn this system in minutes and use it immediately in your trading.
Elliot Inspired 2 Wave Fibonacci Pullback System: Everybody knows the trend is supposedly their friend but when do you get into the trend? Many new and inexperienced traders jump in, price reverses on them and they lose money and THEN the trend continues with them on the sidelines. This Elliot inspired 2 Wave Fibonacci Pullback method has clear entry and exit rules and forces traders to WAIT for a decent sized pullback.
Low volatility periods often lead to HIGH volatility periods (trends): A low volatility period is one where price has moved very little in comparison to the past. We measure that periods range (High-Low) and if the range is far less than the previous few bars range we label this on the chart. This video discusses our NR breakout system and how to use it to find breakout trades plus how to find trades hours later due to these patterns.

Forex Videos - Counter Trend Trading Systems



Currencies do NOT go one way forever and this Forex Trading System uses this to find counter trend trades:We have found that after 3 STRAIT DAYS UP or DOWN currencies tend to be more likely to reverse at our reversal levels (Containment Bands, Fib Retracement Levels, Fib Profit Targets, Daily/Weekly/Monthly Highs and Lows, Weekly and Monthly Pivots, and real time support/resistance zones).
Double Top/Bottom Counter Trend Trading System. Most traders know about double tops and double bottoms but when combined with our FX Trend Intensity and the second top/bottom has 1/2 the momentum of the first we feel reversals are more likely. Watch this video to learn the specific full rules of this trading system.
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High Risk Investment Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Please read LeverageFX's full risk warning | Privacy Policy.
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