In Today's World of Digitilization where almost every SMART Adult is Aiming at Earning a Decent Living Online... People are FAST beginning to be involved in either one Online Business or Investment of any sort.


What Would You Consider FOREX TRADING To Be ?


Is FOREX TRADING To be regarded as a Business or as an Investment?

Whatever your take is; Provide Reasons for your view.















~ MESSIAH. ONI, Ayodeji AnthonYeshua.

Everyday; We all have got BILLS To pay.

Infact, Every Hour of The Day - We have got to take care of Some BILLS or The Other.

It is almost as if We've got BILLS To Pay every other Minute or Second.


... And as such; Our BILLS continue to Increase as Our NEEDS also do.



This is Simply Because:


" HUMAN NEEDS ARE INSATIABLE."



... And because HUMAN NEEDS ARE INSATIABLE; it becomes The Natural Survival Instinct for Humans to wanting to get ABUNDANTLY RICH QUICKLY and MIRACULOUSLY !!!



- THIS IS A WRONG NOTION THAT BIRTHS THE WRONG DOINGS OF HUMANS IN TRYING TO MAKE MONEY QUICKLY.















~ MESSIAH. ONI, Ayodeji AnthonYeshua

LifeSolutionsTV:
Everyday; We all have got BILLS To pay.

Infact, Every Hour of The Day - We have got to take care of Some BILLS or The Other.

It is almost as if We've got BILLS To Pay every other Minute or Second.


... And as such; Our BILLS continue to Increase as Our NEEDS also do.



This is Simply Because:


" HUMAN NEEDS ARE INSATIABLE."



... And because HUMAN NEEDS ARE INSATIABLE; it becomes The Natural Survival Instinct for Humans to wanting to get ABUNDANTLY RICH QUICKLY and MIRACULOUSLY !!!



- THIS IS A WRONG NOTION THAT BIRTHS THE WRONG DOINGS OF HUMANS IN TRYING TO MAKE MONEY QUICKLY.















~ MESSIAH. ONI, Ayodeji AnthonYeshua

FIRST OF ALL;


"You can't MAKE MONEY." Except; ofcourse - You are either:


- The Central Bank of Your Country or

- A Money Counterfeiter.






However; if you aren't any of the above - then; if you must make a Living ONLINE, You Must First Know The Basic Principle that:


" MONEY IS EARNED ONLINE,
...and not MADE ! "





For A Sure;


You Must Work Your Way Through The Process of EARNING MONEY - ONLINE.













~ MESSIAH. ONI, Ayodeji AnthonYeshua

LifeSolutionsTV:
Everyday; We all have got BILLS To pay.

Infact, Every Hour of The Day - We have got to take care of Some BILLS or The Other.

It is almost as if We've got BILLS To Pay every other Minute or Second.


... And as such; Our BILLS continue to Increase as Our NEEDS also do.



This is Simply Because:


" HUMAN NEEDS ARE INSATIABLE."



... And because HUMAN NEEDS ARE INSATIABLE; it becomes The Natural Survival Instinct for Humans to wanting to get ABUNDANTLY RICH QUICKLY and MIRACULOUSLY !!!



- THIS IS A WRONG NOTION THAT BIRTHS THE WRONG DOINGS OF HUMANS IN TRYING TO MAKE MONEY QUICKLY.















~ MESSIAH. ONI, Ayodeji AnthonYeshua

Of Another TRUTH;


It is very necessary to Know That:

" IT IS VERY WRONG TO DEVELOP THE MINDSET THAT: MONEY CAN BE Made VERY QUICKLY AND MIRACULOUSLY. "



UNCONSCIOUSLY; Many people are of this Opinion even if they do not CONSCIOUSLY Realize This FACT.


Infact; Many RICH POLITICIANS who already have access to controlling The World's Resources still SUFFER FROM FINANCIAL INSECURITIES because They have their SURVIVAL INSTINCT WRONGLY PEGGED at MAKING MONEY QUICKLY AND MIRACULOUSLY. " (This you can tell when you observe the Political World around you.)





There is an Urgent Need to ENLIGHTEN THE MINDS OF PEOPLE.


There is an Ugent Need to Correct The CONTINUOUS DELUSION of MAKING MONEY QUICKLY and MIRACULOUSLY.


This DELUSION is An ILLUSION.


An ILLUSION alot of People ENJOY FROM at the DETRIMENT of Others.




SO, SIMPLY PUT - To Correct This DENTRIMENTAL PLAGUE is To Correct Your Mindset that:


" MONEY CANNOT BE MADE QUICKLY AND MIRACULOUSLY."


BUT



MONEY CAN BE MADE FAST AND MATHEMATICALLY. "














~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:




Of Another TRUTH;


It is very necessary to Know That:

" IT IS VERY WRONG TO DEVELOP THE MINDSET THAT: MONEY CAN BE Made VERY QUICKLY AND MIRACULOUSLY. "



UNCONSCIOUSLY; Many people are of this Opinion even if they do not CONSCIOUSLY Realize This FACT.


Infact; Many RICH POLITICIANS who already have access to controlling The World's Resources still SUFFER FROM FINANCIAL INSECURITIES because They have their SURVIVAL INSTINCT WRONGLY PEGGED at MAKING MONEY QUICKLY AND MIRACULOUSLY. " (This you can tell when you observe the Political World around you.)





There is an Urgent Need to ENLIGHTEN THE MINDS OF PEOPLE.


There is an Ugent Need to Correct The CONTINUOUS DELUSION of MAKING MONEY QUICKLY and MIRACULOUSLY.


This DELUSION is An ILLUSION.


An ILLUSION alot of People ENJOY FROM at the DETRIMENT of Others.




SO, SIMPLY PUT - To Correct This DENTRIMENTAL PLAGUE is To Correct Your Mindset that:


" MONEY CANNOT BE MADE QUICKLY AND MIRACULOUSLY."


BUT



MONEY CAN BE MADE FAST AND MATHEMATICALLY. "














~ MESSIAH. ONI, Ayodeji AnthonYeshua.

EJECT The QUICK MENTALITY from Your Mind.

ERASE The Mindset of QUICK CUTS.




Definitely, it wouldn't come easy - I know.

It wouldn't be easy to ERASE A Mentality that has been UNCONSCIOUSLY NUTURED for Ages.


HENCE; To make this Pretty Easy; We developed The " FAST-MONEY-SOLUTIONS CAMPUSES" To help TEACH, TRAIN and MIGRATE people's MIND from QUICK CUTS to FAST APPROACHES.



That Is;


" It's Hightime People started to know that MONEY cannot be MADE MIRACULOUSLY BUT EARNED MATHEMATICALLY."





HENCE; We Developed The FAST-MONEY-SOLUTIONS CAMPUS To Teach and Train People on How To Earn Money MATHEMATICALLY in REALITY - The Very FAST WAY...!!!








~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:




EJECT The QUICK MENTALITY from Your Mind.

ERASE The Mindset of QUICK CUTS.




Definitely, it wouldn't come easy - I know.

It wouldn't be easy to ERASE A Mentality that has been UNCONSCIOUSLY NUTURED for Ages.


HENCE; To make this Pretty Easy; We developed The " FAST-MONEY-SOLUTIONS CAMPUSES" To help TEACH, TRAIN and MIGRATE people's MIND from QUICK CUTS to FAST APPROACHES.



That Is;


" It's Hightime People started to know that MONEY cannot be MADE MIRACULOUSLY BUT EARNED MATHEMATICALLY."





HENCE; We Developed The FAST-MONEY-SOLUTIONS CAMPUS To Teach and Train People on How To Earn Money MATHEMATICALLY in REALITY - The Very FAST WAY...!!!








~ MESSIAH. ONI, Ayodeji AnthonYeshua.

" FOR FINANCIAL SUCCESS;

STRATEGIES ARE EVERYTHING."


FAST-MONEY-SOLUTIONS CAMPUSES is developed and configured to Teach and Train People on Profitable Strategies in The Following Areas:

F - FOREX Trading,

A - AGRICULTURAL FOREX Trading,

S - SPORT Trading,

T - TRANSACTION ESCROW Trading.








All of these require THE RIGHT MATHEMATICAL APPROACHES To Become Financially Successful.


None of Them is a GET-RICH-QUICK SCHEME !!!


None of Them will Make You Money MIRACULOUSLY!!!!!











~ MESSIAH. ONI, Ayodeji AnthonYeshua.

As the title of this thread states;

" Is FOREX TRADING To Be Considered A BUSINESS or An INVESTMENT? "




This thread is one of the resultant thread of this thread: https://www.nairaland.com/6467159/moneybook-advantages-nairaland-over-facebook




... And The Title of This Thread is The Resultant of The Extensive Enducation on FOREX Trading - particularly to The Afrikan Continent.












~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:
As the title of this thread states;

" Is FOREX TRADING To Be Considered A BUSINESS or An INVESTMENT? "




This thread is one of the resultant thread of this thread: https://www.nairaland.com/6467159/moneybook-advantages-nairaland-over-facebook




... And The Title of This Thread is The Resultant of The Extensive Enducation on FOREX Trading - particularly to The Afrikan Continent.












~ MESSIAH. ONI, Ayodeji AnthonYeshua.

https://www.nairaland.com/6467159/moneybook-advantages-nairaland-over-facebook



On this thread above, I stated my stance on what I consider FOREX Trading to be about.


Subjectively, I considered FOREX Trading to be both A Business and Investment as FOREX Trading is VERY RELATIVE to Respective Individuals.


BUSINESS-WISE; FOREX Trading involves alot of PSYCHOLOGICAL EXERCISE and TRAINING.

INVESTMENT-WISE; FOREX Trading involves alot of TIME INVESTMENT Towards DEVELOPING and ADAPTING To The RIGHT PROFITABLE STRATEGIES.





It is very important for you to know that: MANY People Continue To Lose Their HARD-EARNED MONEY To Other People in The FOREX Markets which makes FOREX Trading - A FAILING BUSINESS for Them.


To Many - They May Profit Today; To Be In Losses Tomorrow.


The Very FEW people who CONSISTENTLY PROFIT from The FOREX MARKETS continue to do so because They've Translated The Business of FOREX Trading to An INVESTMENT MODEL which they can EASILY and OUTRIGHTLY FOLLOW with The UTILIZATION of RIGHT PROFITABLE STRATEGIES.







~ MESSIAH. ONI, Ayodeji AnthonYeshua.

So, as a matter of fact; this thread was also created to Enlighten People on PROFITABLE FOREX Trading STRATEGIES.

That Is;


One of the Purposes of this thread is To Teach People The Financial Skills of Trading FOREX Profitably.


In Today's World of Digitilization, FOREX Trading Skills is an ESSENTIAL to BECOMING and STAYING FINANCIALLY FREE. This is judging from my Experiential Knowledge about The Financial World.


If You are Jobless or Financially Struggling,

If The Salary of Your Job isn't enough to cater for your BILLS,


If All You want is Never To Depend on anybody for Your Daily Finance and BILLS,


If You are seeking FINANCIAL FREEDOM and STABILITY;





...As a FINANCIAL RABBI; who have been training people for almost a decade - I Strongly Advise That You LEARN THE RIGHT SKILLS OF FOREX TRADING CONSISTENTLY PROFITABLE.




I've been involved in various niches of Online Trading; and I can EXPERIENTIALLY and CATEGORICALLY APPROVE That FOREX Trading is Your SUREST HAVEN of Becoming FINANCIALLY FREE as you stay Acquainted to Understanding and Bettering Yourself in SOME ALREADY-PROVEN FOREX Trading Skills.










~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:
So, as a matter of fact; this thread was also created to Enlighten People on PROFITABLE FOREX Trading STRATEGIES.

That Is;


One of the Purposes of this thread is To Teach People The Financial Skills of Trading FOREX Profitably.


In Today's World of Digitilization, FOREX Trading Skills is an ESSENTIAL to BECOMING and STAYING FINANCIALLY FREE. This is judging from my Experiential Knowledge about The Financial World.


If You are Jobless or Financially Struggling,

If The Salary of Your Job isn't enough to cater for your BILLS,


If All You want is Never To Depend on anybody for Your Daily Finance and BILLS,


If You are seeking FINANCIAL FREEDOM and STABILITY;





...As a FINANCIAL RABBI; who have been training people for almost a decade - I Strongly Advise That You LEARN THE RIGHT SKILLS OF FOREX TRADING CONSISTENTLY PROFITABLE.




I've been involved in various niches of Online Trading; and I can EXPERIENTIALLY and CATEGORICALLY APPROVE That FOREX Trading is Your SUREST HAVEN of Becoming FINANCIALLY FREE as you stay Acquainted to Understanding and Bettering Yourself in SOME ALREADY-PROVEN FOREX Trading Skills.










~ MESSIAH. ONI, Ayodeji AnthonYeshua.

Inorder to achieve this; We have a Dedicated Financial Time-Table which We Follow to achieve Long-term Success Together.


For Those who are yet to see Our Weekly Financial Time-Table, I've attached it with this post below.

The completion of Our Financial Time-Table can be seen below.


You can have them both saved on your device so that you can easily follow through with Our Scopes of FAST-MONEY-SOLUTIONS.

As it is; Today - I'll be Utilizing This Thread to Teach People who are interested in Learning Profitable Strategies in Trading The FOREX Market.

Firstly, as shown on Our Financial Time -Table; it is important to point out that We differentiate FOREX Traders into three (3) Categories according to Their Level of Expertise and Experience of The FOREX Market.


These Categories are:

- Beginners FOREX Traders,

- Intermediate FOREX Traders,

- Expert FOREX Traders.





It is very important that We distinguish FOREX Traders into these 3 categories so as to EASILY Carry everyone along.


The lessons to be learnt as an Expert FOREX Trader may not be understood by Beginners FOREX Traders.

Conversely; The FOREX Trading Opportunities opened to Expert Traders aren't opened to Beginners FOREX Traders.


- Hence; The need to distinguish FOREX Traders into these three (3) important categories.











~ MESSIAH. ONI, Ayodeji AnthonYeshua

LifeSolutionsTV:
As it is; Today - I'll be Utilizing This Thread to Teach People who are interested in Learning Profitable Strategies in Trading The FOREX Market.

Firstly, as shown on Our Financial Time -Table; it is important to point out that We differentiate FOREX Traders into three (3) Categories according to Their Level of Expertise and Experience of The FOREX Market.


These Categories are:

- Beginners FOREX Traders,

- Intermediate FOREX Traders,

- Expert FOREX Traders.





It is very important that We distinguish FOREX Traders into these 3 categories so as to EASILY Carry everyone along.


The lessons to be learnt as an Expert FOREX Trader may not be understood by Beginners FOREX Traders.

Conversely; The FOREX Trading Opportunities opened to Expert Traders aren't opened to Beginners FOREX Traders.


- Hence; The need to distinguish FOREX Traders into these three (3) important categories.











~ MESSIAH. ONI, Ayodeji AnthonYeshua

Today, With respect to Our Financial Time-Table, I'll be Teaching people on The BEST FOREX Trading Strategy which can EASILY be adopted by BEGINNERS' and INTERMEDIATE FOREX Traders.


This particular FOREX Trading Strategy is considered to be The BEST FOREX Trading Strategy to Easily Implement to for The PURPOSE of Setting "TAKE PROFITS" and "STOP LOSSES" which very important factors in FOREX Trading.



Today's Financial Webinar is targeted towards INTERMEDIATE FOREX Traders. However; it will be very Educative to Beginner and Expert Traders as I'll be Exposing on here The BEST and EASIEST Indicator to Use for PROPER RISK and MONEY MANAGEMENT.









~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:



Today, With respect to Our Financial Time-Table, I'll be Teaching people on The BEST FOREX Trading Strategy which can EASILY be adopted by BEGINNERS' and INTERMEDIATE FOREX Traders.


This particular FOREX Trading Strategy is considered to be The BEST FOREX Trading Strategy to Easily Implement to for The PURPOSE of Setting "TAKE PROFITS" and "STOP LOSSES" which very important factors in FOREX Trading.



Today's Financial Webinar is targeted towards INTERMEDIATE FOREX Traders. However; it will be very Educative to Beginner and Expert Traders as I'll be Exposing on here The BEST and EASIEST Indicator to Use for PROPER RISK and MONEY MANAGEMENT.









~ MESSIAH. ONI, Ayodeji AnthonYeshua.

This brings us to the question:


" What is The BEST and EASIEST INDICATOR to Utilize in Trading The FOREX Market Profitably with respect to setting SAFE TAKE PROFIT and STOP LOSS Targets ? "

LifeSolutionsTV:



This brings us to the question:


" What is The BEST and EASIEST INDICATOR to Utilize in Trading The FOREX Market Profitably with respect to setting SAFE TAKE PROFIT and STOP LOSS Targets ? "

The response to this question is:

The AVERAGE TRUE RANGE (ATR) Indicator is considered to be The BEST Trading Indicator for Setting STOP LOSS Targets of any Currency Pair on The FOREX Trading Market.



Why is this?



This is because The Average True Range (ATR) Indicator measures and relates INSTANT PRICE VOLATILITY of Any Currency Pair in the FOREX Market.



To become a Successful FOREX Trader; Proper Understanding of The VOLATILITY of Currency Pairs is of Topmost priority.

... And VOLATILITY is one of Features The Average True Range (ATR) functions well at.








~ MESSIAH. ONI, Ayodeji AnthonYeshua.

Below is what The AVERAGE TRUE RANGE (ATR) looks like when plotted on The Meta4 Trader.


The default settings for The AVERAGE TRUE RANGE (ATR) should be maintained at "14". The Implication of this is that The VOLATILITY of any Currency Pair will Mathematically be calculated by The AVERAGE TRUE RANGE (ATR) Using The Previous 14 Candlesticks.





VOLATILITY is The OXYGEN of FOREX Trading. So, Understanding The VOLATILITY of any Currency Pair is ONE of the Most Important Factor to Always Consider inorder to achieve CONSISTENT PROFITS in The FOREX Market.








~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:
Below is what The AVERAGE TRUE RANGE (ATR) looks like when plotted on The Meta4 Trader.


The default settings for The AVERAGE TRUE RANGE (ATR) should be maintained at "14". The Implication of this is that The VOLATILITY of any Currency Pair will Mathematically be calculated by The AVERAGE TRUE RANGE (ATR) Using The Previous 14 Candlesticks.





VOLATILITY is The OXYGEN of FOREX Trading. So, Understanding The VOLATILITY of any Currency Pair is ONE of the Most Important Factor to Always Consider inorder to achieve CONSISTENT PROFITS in The FOREX Market.








~ MESSIAH. ONI, Ayodeji AnthonYeshua.

PROBLEMS:


Many FOREX Trader fail in the regards of Utilizing The VOLATILITY of The Currency Pairs to their Financial Advantage.


Many FOREX Trader also fail in Utilizing The AVERAGE TRUE RANGE (ATR) Indicator to EASILY Understand The VOLATILITY of Currency Pairs before they take Trades with respect to their TAKE PROFIT and STOP LOSS Targets.




These are the problems to be addressed shortly.










~ MESSIAH. ONI,Ayodeji AnthonYeshua

LifeSolutionsTV:



PROBLEMS:


Many FOREX Traders fail in the regards of Utilizing The VOLATILITY of The Currency Pairs to their Financial Advantage.


Many FOREX Trader also fail in Utilizing The AVERAGE TRUE RANGE (ATR) Indicator to EASILY Understand The VOLATILITY of Currency Pairs before they take Trades with respect to their TAKE PROFIT and STOP LOSS Targets.




These are the problems to be addressed shortly.










~ MESSIAH. ONI,Ayodeji AnthonYeshua

PROBLEM 1:

Many FOREX Traders fail in the regards of Utilizing The VOLATILITY of The Currency Pairs to their Financial Advantage.






SOLUTIONS To The Problem:

The Solution to this is Simply To Provide FOREX Trading Education on "VOLATILITY ."

And this is what we are Already Achieving with this Thread.


VOLATILITY Is The OXYGEN Needed for FAST EARNINGS in The FOREX MARKET; as it is The OXYGEN in The FOREX Market.


However; Many FOREX Traders fail at considering The VOLATILITY of Currency Pairs which is regarded as The OXYGEN of The FOREX Market before Taking Trades.


This is one of the most important reasons why many people fail in Trading The FOREX Markets very profitably.



For Instance;

The VOLATILITY of The "EUR/GBP" pair is different from The VOLATILITY of The "EUR/USD." This is factually correct for other Currency Pairs.


However; Many FOREX Traders WRONGLY Set Their STOP LOSS Targets without Giving Priority to The VOLATILITY of The Currency Pairs which they trade. This is the reason many Trades are Quick To Hitting The STOP LOSS Targets.

This is simply because many FOREX Traders have been taught to ALWAYS Use TIGHT STOP LOSS Target so they can risk less amount on each trades they execute in The FOREX Market.


STOP LOSS Targets shouldn't be FIXED for Currency Pairs.

WHY ?


The Present VOLATILITY of any Currency Pair changes with respect to Trading Activities on the same Currency Pair.

So, in essence - The VOLATILITY of any Currency Pair should be Utilized when trading the Currency Pair.










~ MESSIAH. ONI, Ayodeji AnthonYeshua

As I've already pointed; One of the Mistakes Many FOREX Trader continue to make is setting The same STOP LOSS Order for Every Currency Pair which they trade without Putting into consideration the Present VOLATILITY of The CURRENCY PAIRS which they are trading.


Hence, as a Beginner/INTERMEDIATE FOREX Trader, you should not Set STOP LOSS like Many Traders would Wrongly Do. Your STOP LOSS Orders should be in Synchronity with The VOLATILITY and Present Market Conditions of The Currency Pairs to be traded.




It is very important to know that Prices of Currency Pairs move from the LOW Levels of VOLATILITY to HIGHER Levels of VOLATILITY and Vice-versa.










~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:



PROBLEM 1:

Many FOREX Traders fail in the regards of Utilizing The VOLATILITY of The Currency Pairs to their Financial Advantage.






SOLUTIONS To The Problem:

The Solution to this is Simply To Provide FOREX Trading Education on "VOLATILITY ."

And this is what we are Already Achieving with this Thread.


VOLATILITY Is The OXYGEN Needed for FAST EARNINGS in The FOREX MARKET; as it is The OXYGEN in The FOREX Market.


However; Many FOREX Traders fail at considering The VOLATILITY of Currency Pairs which is regarded as The OXYGEN of The FOREX Market before Taking Trades.


This is one of the most important reasons why many people fail in Trading The FOREX Markets very profitably.



For Instance;

The VOLATILITY of The "EUR/GBP" pair is different from The VOLATILITY of The "EUR/USD." This is factually correct for other Currency Pairs.


However; Many FOREX Traders WRONGLY Set Their STOP LOSS Targets without Giving Priority to The VOLATILITY of The Currency Pairs which they trade. This is the reason many Trades are Quick To Hitting The STOP LOSS Targets.

This is simply because many FOREX Traders have been taught to ALWAYS Use TIGHT STOP LOSS Target so they can risk less amount on each trades they execute in The FOREX Market.


STOP LOSS Targets shouldn't be FIXED for Currency Pairs.

WHY ?


The Present VOLATILITY of any Currency Pair changes with respect to Trading Activities on the same Currency Pair.

So, in essence - The VOLATILITY of any Currency Pair should be Utilized when trading the Currency Pair.










~ MESSIAH. ONI, Ayodeji AnthonYeshua

How To Utilize Understanding The Present VOLATILITY of Any Currency Pair to your Financial Advantage is Topmost Priority to Every Successful FOREX Traders.


Luckily, The Average True Range (ATR) Indicator easily does the job of MATHEMATICALLY CALCULATING for you - The Average Range of The VOLATILITY of any Currency Pair to be traded.



Some people prefer to trade when the VOLATILITY of Currency Pairs are LOW, while some people prefer trading when The VOLATILITY of the Currency Pairs are HIGH. Whichever way you decide to trade; The AVERAGE TRUE RANGE (ATR) Indicator is the Perfect Indicator any FOREX Trader can easily Utilize.


As for me; I trade The FOREX Market with The Proper Understanding of The Level of VOLATILITY ( Whether HIGH or LOW) of any Currency Pair.


With the Understanding of The VOLATILITY of any Currency Pair will POSITIVELY IMPROVE Your Trading Decisions GAINFULLY as You are being Guided alright Utilizing The AVERAGE TRUE RANGE (ATR) Indicator.





~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:



How To Utilize Understanding The Present VOLATILITY of Any Currency Pair to your Financial Advantage is Topmost Priority to Every Successful FOREX Traders.


Luckily, The Average True Range (ATR) Indicator easily does the job of MATHEMATICALLY CALCULATING for you - The Average Range of The VOLATILITY of any Currency Pair to be traded.



Some people prefer to trade when the VOLATILITY of Currency Pairs are LOW, while some people prefer trading when The VOLATILITY of the Currency Pairs are HIGH. Whichever way you decide to trade; The AVERAGE TRUE RANGE (ATR) Indicator is the Perfect Indicator any FOREX Trader can easily Utilize.


As for me; I trade The FOREX Market with The Proper Understanding of The Level of VOLATILITY ( Whether HIGH or LOW) of any Currency Pair.


With the Understanding of The VOLATILITY of any Currency Pair will POSITIVELY IMPROVE Your Trading Decisions GAINFULLY as You are being Guided alright Utilizing The AVERAGE TRUE RANGE (ATR) Indicator.





~ MESSIAH. ONI, Ayodeji AnthonYeshua.

The Screenshot provided below is a representation of The VOLATILITY of GOLD measured by The ATR Indicator.

The ATR gives a value of "32.19" as the VOLATILITY of Gold.

LifeSolutionsTV:



The Screenshot provided below is a representation of The VOLATILITY of GOLD measured by The ATR Indicator.

The ATR gives a value of "32.19" as the VOLATILITY of Gold.

On the Screenshot provided below; it is evident that The VOLATILITY of GOLD was High @ "32.19" which is very close to the VOLATILITY PEAK of GOLD which was at "35.62".


When The VOLATILITY PEAK is reached, The VOLATILITY of Gold will gradually reduce obeying the Simple PRINCIPLE of how The Prices of Currency Pairs move from the level HIGH VOLATILITY to the level of LOW VOLATILITY which is @" 22.54".








~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:



The Screenshot provided below is a representation of The VOLATILITY of GOLD measured by The ATR Indicator.

The ATR gives a value of "32.19" as the VOLATILITY of Gold.

Very Importantly - it is very necessary to know that The ATR value and The VOLATILITY of The Same Currency Pairs are NEVER The same on different Time Charts.

For instance, The ATR VOLATILITY Value on the DAY CHART reads "32.19"; while That on The 30 MINUTES CHART reads "2.92" as The VOLATILITY Measured by AVERAGE TRUE RANGE (ATR) Indicator.

So, in essence - You should always give priority to the VOLATILITY VALUE provided by The ATR Indicator according to the TIME FRAME which you are interested in trading.


~ MESSIAH. ONI, Ayodeji AnthonYeshua.

LifeSolutionsTV:



PROBLEMS:


Many FOREX Trader fail in the regards of Utilizing The VOLATILITY of The Currency Pairs to their Financial Advantage.


Many FOREX Trader also fail in Utilizing The AVERAGE TRUE RANGE (ATR) Indicator to EASILY Understand The VOLATILITY of Currency Pairs before they take Trades with respect to their TAKE PROFIT and STOP LOSS Targets.




These are the problems to be addressed shortly.










~ MESSIAH. ONI,Ayodeji AnthonYeshua

Now, let's advance to Attending to and providing Solutions to the second Problem which states that:


Many FOREX Trader also fail in Utilizing The AVERAGE TRUE RANGE (ATR) Indicator to EASILY Understand The VOLATILITY of Currency Pairs before they take Trades with respect to their TAKE PROFIT and STOP LOSS Targets.





THE SOLUTION:

Before You place any Trade in The FOREX Market, it is very important to Utilize The VOLATILITY VALUE provided by The AVERAGE TRUE RANGE (ATR) on The particular TIME CHART to be traded.


One of The Ultimate Solutions provided by The ATR Indicator is The Proper Placement of "STOP LOSS" Orders.



This takes us to the question: HOW DO YOU SETUP YOUR "STOP LOSS" Positions Rightly ??


With respect to The Daily Chart displayed on the Screenshots above whose VOLATILITY reads "32.19"; The SAFEST Way to Utilize The ATR VOLATILITY Value in Setting Your "STOP LOSS" orders is to MULTIPLY The ATR VOLATILITY Value with any convenient number like 2 or 3 depending on your Risk Tolerance.



For instance; The ATR VOLATILITY VALUE on the Daily chart of Gold read 32.19.

To CORRECTLY Get the value of your "STOPLOSS" Position would require you to multiply this VOLATILITY VALUE with either 2 or 3.


So, to get the Right Positioning of your "STOPLOSS" with respect to this trade;


MATHEMATICALLY,

32.19 × 2 = 64.38

or

32.19 × 3 = 96.57.


Now; you know that your "STOP LOSS" should be set "64.38" or "96.57" away from The CURRENT Price of Gold to be traded. This will allow Enough Space for Your Trades to Breath and Flow towards Your "TAKE PROFITS" Direction.

This is the first process to be activated before choosing to Trade Any Direction in The FOREX Market.


This is where Many FOREX Traders Fail at. Ignorantly; they set their "STOP LOSS" without giving Priority to The VOLATILITY of The Market. This is the reason many Executed Trades are QUICK to Hitting their "STOP LOSSES" because they fail to provide enough ROOM/SPACE for their Trading Decisions to go in Favour of the Direction of Their "TAKE PROFITS" Target.












~ MESSIAH. ONI, Ayodeji AnthonYeshua.

We will be continuing with Our lessons on Setting "STOP LOSSES" much later - Tomorrow.


Already, we understand how to calculate Our "STOP LOSSES" Positions.


Tomorrow, we will continue with how to implement these values to The current price of the Gold market.

If you have got any question, do drop it on here so that everyone can be carried along.



Infinite Peace unto You.


Bless.

We will be continuing with lessons on the Utilization of Our ATR by noon.

I'm presently on the Farm.

We will be continuing with lessons on the Utilization of Our ATR by noon.


We are presently on the Farm for some Bamboo harvest.

So, yesterday - we had our Introductory Financial Webinar on The Utilization of The Average True Range (ATR) Indicator.


I had stated that the ATR Indicator as one of the most vital indicators which every Successful Traders Utilize in trading the FOREX Market because it helps measure the VOLATILITY of the previous 14 Candle Sticks.


Today, we will be rounding up with our Webinar lessons on The Utilization of The AVERAGE TRUE RANGE (ATR) Indicator.

LifeSolutionsTV:



Now, let's advance to Attending to and providing Solutions to the second Problem which states that:


Many FOREX Trader also fail in Utilizing The AVERAGE TRUE RANGE (ATR) Indicator to EASILY Understand The VOLATILITY of Currency Pairs before they take Trades with respect to their TAKE PROFIT and STOP LOSS Targets.





THE SOLUTION:

Before You place any Trade in The FOREX Market, it is very important to Utilize The VOLATILITY VALUE provided by The AVERAGE TRUE RANGE (ATR) on The particular TIME CHART to be traded.


One of The Ultimate Solutions provided by The ATR Indicator is The Proper Placement of "STOP LOSS" Orders.



This takes us to the question: HOW DO YOU SETUP YOUR "STOP LOSS" Positions Rightly ??


With respect to The Daily Chart displayed on the Screenshots above whose VOLATILITY reads "32.19"; The SAFEST Way to Utilize The ATR VOLATILITY Value in Setting Your "STOP LOSS" orders is to MULTIPLY The ATR VOLATILITY Value with any convenient number like 2 or 3 depending on your Risk Tolerance.



For instance; The ATR VOLATILITY VALUE on the Daily chart of Gold read 32.19.

To CORRECTLY Get the value of your "STOPLOSS" Position would require you to multiply this VOLATILITY VALUE with either 2 or 3.


So, to get the Right Positioning of your "STOPLOSS" with respect to this trade;


MATHEMATICALLY,

32.19 × 2 = 64.38

or

32.19 × 3 = 96.57.


Now; you know that your "STOP LOSS" should be set "64.38" or "96.57" away from The CURRENT Price of Gold to be traded. This will allow Enough Space for Your Trades to Breath and Flow towards Your "TAKE PROFITS" Direction.

This is the first process to be activated before choosing to Trade Any Direction in The FOREX Market.


This is where Many FOREX Traders Fail at. Ignorantly; they set their "STOP LOSS" without giving Priority to The VOLATILITY of The Market. This is the reason many Executed Trades are QUICK to Hitting their "STOP LOSSES" because they fail to provide enough ROOM/SPACE for their Trading Decisions to go in Favour of the Direction of Their "TAKE PROFITS" Target.












~ MESSIAH. ONI, Ayodeji AnthonYeshua.

So, Yesterday - I taught about how you could multiply the present VOLATILITY Value shown on The ATR Indicator with either '2' or '3' to serve as your "STOP LOSS" Order which will be positioned away from the Current Price of The Currency Pair which you are trading.


The figure you will be using as your Multiplier should depend on your Risk Tolerance. If you are risk adverse; you could chose to use "1.5" as your Multiplier. Some people go as far as using "4" or "5" depending on their Trading Account Size, Risk Tolerance or Money Management Practice.


I advice you stick to either "2" or "3". This is because I will be revealing to you sooner or later - HIGHLY Profitable Strategies that will double the size of Your "TAKE PROFIT" targets with respect to your "STOP LOSS" orders.

LifeSolutionsTV:



Now, let's advance to Attending to and providing Solutions to the second Problem which states that:


Many FOREX Trader also fail in Utilizing The AVERAGE TRUE RANGE (ATR) Indicator to EASILY Understand The VOLATILITY of Currency Pairs before they take Trades with respect to their TAKE PROFIT and STOP LOSS Targets.





THE SOLUTION:

Before You place any Trade in The FOREX Market, it is very important to Utilize The VOLATILITY VALUE provided by The AVERAGE TRUE RANGE (ATR) on The particular TIME CHART to be traded.


One of The Ultimate Solutions provided by The ATR Indicator is The Proper Placement of "STOP LOSS" Orders.



This takes us to the question: HOW DO YOU SETUP YOUR "STOP LOSS" Positions Rightly ??


With respect to The Daily Chart displayed on the Screenshots above whose VOLATILITY reads "32.19"; The SAFEST Way to Utilize The ATR VOLATILITY Value in Setting Your "STOP LOSS" orders is to MULTIPLY The ATR VOLATILITY Value with any convenient number like 2 or 3 depending on your Risk Tolerance.



For instance; The ATR VOLATILITY VALUE on the Daily chart of Gold read 32.19.

To CORRECTLY Get the value of your "STOPLOSS" Position would require you to multiply this VOLATILITY VALUE with either 2 or 3.


So, to get the Right Positioning of your "STOPLOSS" with respect to this trade;


MATHEMATICALLY,

32.19 × 2 = 64.38

or

32.19 × 3 = 96.57.


Now; you know that your "STOP LOSS" should be set "64.38" or "96.57" away from The CURRENT Price of Gold to be traded. This will allow Enough Space for Your Trades to Breath and Flow towards Your "TAKE PROFITS" Direction.

This is the first process to be activated before choosing to Trade Any Direction in The FOREX Market.


This is where Many FOREX Traders Fail at. Ignorantly; they set their "STOP LOSS" without giving Priority to The VOLATILITY of The Market. This is the reason many Executed Trades are QUICK to Hitting their "STOP LOSSES" because they fail to provide enough ROOM/SPACE for their Trading Decisions to go in Favour of the Direction of Their "TAKE PROFITS" Target.












~ MESSIAH. ONI, Ayodeji AnthonYeshua.

Now, let's assume upon using the multiplier of "2" and "3" with the ATR VOLATILITY Value on The ATR Indicator. Mrs. Yinka decides to use "2", while Mrs. Comfort decides to use "3"; Then it means - Mrs. Yinka would be setting her "STOP LOSS" order "64.38" away from her Point of Entering The Gold Market while Mrs. Comfort would also be setting her "STOP LOSS" order "96.57" away from her Point of Entering The Same Gold Market.