How can I start trading on the MT4 platform? : Question from Chhneah-Chhneah Samnang

I received an email from Chhneah-Chhneah Samnang who wrote:

Hi Mario, I currently live in Cambodia and funded my account with USD2,000. How can I start trading on the MT4 platform?

Before you start trading, familiarize yourself with the MT4 platform. Since you funded your live account, you have access to FXPRIMUS Coach for 60 days. Login to your Member Area to access your FXPRIMUS Coach.

Inside FXPRIMUS Coach, you can view tutorial videos on using the MT4 platform, as well as Beginner and Trading Strategies. You can also read the “Learn Forex Trading” section on my blog.

After you become familiar with the MT4 platform and learn some strategies, practice on your demo account first and assess your performance. During this period, you can contact our coaches from FXPRIMUS Coach to guide and assist you on your trading.

Refer to this post to read about basic Forex trading skills: “Question from Mayette Azucena: What are the basic skills in Forex trading?” Once you adopt these skills and can consistently profit for at least three months, you can consider trading on your live account.

Get FREE 1-on-1 coaching by Mario's team

with your FXPRIMUS Live Account:

Related posts:

1. Question from Mayette Azucena: What are the basic skills in Forex trading?


2. Question from Yan: When is a good time to start training and practicing Forex trading?


3. How much should I invest if I start trading on a live account? : Question from Chander Pal Mitra

via How can I start trading on the MT4 platform? : Question from Chhneah-Chhneah Samnang

Forex Indicatos and Pattern by Coach Mario Singh

Cup and Handle Pattern

Mario Sant Singh at Ask Mario Singh Blog

What is a Cup and Handle Pattern? The cup with handle formation seems pretty common at first glance, but once we apply certain filtering criteria in order to get an acceptable trade success rate, the actual number of “true” cup with handle patterns drops off considerably. As a result, many of the implied relationships have [ Read More ]

 

Symmetrical Triangle Pattern

Mario Sant Singh at Ask Mario Singh Blog

What is a Symmetrical Triangle Pattern? This pattern shows two converging trendlines (support levels & resistance levels) and is (1) a bearish formation that usually forms during a currency pair downtrend as a continuation pattern (downtrend will continue) or (2) a bullish formation that usually forms during a currency pair uptrend as a continuation pattern [ Read More ] 

 

Awesome Oscillator

Mario Sant Singh at Ask Mario Singh Blog

What is Awesome Oscillator? Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the middle points of the bars (H+L)/2, which is subtracted from the 5-period simple moving average, built across the central points of the bars (H+L)/2. It shows us quite clearly what’s happening to the market driving force at [ Read More ]

 

Moving Average of Oscillator

Mario Sant Singh at Ask Mario Singh Blog

What is Moving Average of Oscillator? Moving Average of Oscillator is actually the histogram of the traditional MACD. Click the image to enlarge In summary, the combination of the MT4 version of MACD and the Moving Average of Oscillator is the traditional MACD. Get FREE 1-on-1 coaching by Mario's teamwith your FXPRIMUS Live Account: Related posts: 1. Moving Average Convergence/Divergence (MACD) 2. Question from Lourdes: I use Parabolic SAR, the Stochastic Oscillator, Moving Average Convergence/Divergence (MACD), etc. Could you please advise me on what I am lacking? ... more »

 

Ichimoku Kinko Hyo

Mario Sant Singh at Ask Mario Singh Blog

What is Ichimoku Kinko Hyo? Ichimoku Kinko Hyo Technical Indicator is predefined to characterize the market Trend, Support and Resistance Levels, and to generate signals of buying and selling. The Ichimoku indicator is comprised of five lines called the Tenkan-sen, Kijun-sen, Senkou span A, Senkou span B and Chikou span. • Tenkan-sen (red line) is [ Read More ]

 

Force Index

Mario Sant Singh at Ask Mario Singh Blog

What is Force Index? Force Index Technical Indicator was developed by Alexander Elder. This index measures the Bulls Power at each increase, and the Bulls Power at each decrease. It connects the basic elements of market information: price trend, its drops, and volumes of transactions. This index can be used as it is, but it [ Read More ]

 

Envelopes

Mario Sant Singh at Ask Mario Singh Blog

What are Envelopes indicator? Envelopes Technical Indicator is formed with two Moving Averages one of which is shifted upward and another one is shifted downward. The selection of optimum relative number of band margins shifting is determined with the market volatility: the higher the latter is, the stronger the shift is. Envelopes define the upper [ Read More ]

 

DeMarker

Mario Sant Singh at Ask Mario Singh Blog

What is a DeMarker indicator? Demarker Technical Indicator is based on the comparison of the period maximum with the previous period maximum. If the current period (bar) maximum is higher, the respective difference between the two will be registered. If the current maximum is lower or equaling the maximum of the previous period, the naught [ Read More ]

 

Bullish Engulfing Pattern

Mario Sant Singh at Ask Mario Singh Blog

What is a Bullish Engulfing Pattern? Bullish Engulfing Pattern is a pattern characterized by a large white real body engulfing a preceding small black real body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. The Bullish Engulfing Pattern is [ Read More ] 

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Robert Kiyosaki, author of Rich Dad Poor Dad, says this:

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Think about it. Successful people in every field have mentors or coaches.


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The coaches in FXPRIMUS Coach are not only successful traders themselves, they are also personally trained in the field of coaching by FXPRIMUS Director of Training & Education and CNBC-featured Forex expert Mario Singh.

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