ParkAvenueForex

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ParkAvenueForex

ParkAvenueForex

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Unleash the hidden power of Bollinger Bands combined with Monday's opening price for laser-focused Forex trading decisions throughout the week!

Struggling to gauge EUR/USD direction or identify high-probability setups in GBP/USD before the week unfolds? This video unveils a powerful **Forex strategy that combines the time-tested Bollinger Bands with the significance of Monday's open.

Master the art of price action by learning to identify key Bollinger Band signals on your charts. Then, analyze Monday's open price for directional clues, giving you a valuable edge in **USD/JPY** and other popular currency pairs.

By combining these powerful tools, you'll be able to forecast the week's potential price movements in major Forex instruments. This strategy can help you spot high-probability entry and exit points, taking your Forex trading to the next level.

Upgrade your Forex trading game today! Smash that like button and subscribe for more profitable strategies.

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

If you're going to trade Forex, you need a system that you can trust. Trying to stack winners willy-nilly just ain't gonna cut it for long-term success!

But building a system of rules that dictate entry and exit points not only protects you from allowing emotions to run wild, it also protects your account from blowing up!

Check out my other video exploring Gann's Square of Nine theories as well as this one to develop your own Forex Trading system!

Understand How the Banks and Hedge funds Calculate Levels:
Price Movements never develop in the same way, but rather in waves of different sizes, duration and direction. Fibonacci trading Techniques are used because prices do not move between two points in a straight line but move up and down through fluctuations in a pattern of upward and downward waves. 
The ratios are important, however the selection of points is paramount to calculate reactionary retracements. It is important to have consistency and uniformity in our methods, so as to arrive at the same support or resistance levels whenever we deploy the Fibonacci tactic.

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

Some of Gann's theories (tied to astrology??!!) are a bit "out there!" But his square root theory can have merit when used correctly (and with proper risk management!)

In this video, I break down his theory of 9 and show you how to develop it into an effective low-risk, high-probability Forex trading system.

For more Forex trading strategy, visit us at https://parkavenuetrading.com

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

Forex trading systems should be designed to fit your personality and budget.

In this video, I provide a dose of reality and identify the key components of a bullet-proof trading system that should always dictate your Forex trading strategy.

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

A lot of people have heard about and use Fibonacci levels as part of their Forex trading strategy. The thing is, while Fibonacci ratios can be found all over nature, architecture, and in trading, I've found two things about Fibonacci in Forex:

1. Price levels often "skid" through traditional Fibonacci levels, so making a few adjustments pays off in pips!

2. Knowing what the levels are are not even half the battle. It's knowing HOW to use Fibonacci levels to stack probabilities in your favor that makes them valuable.

Check out this Fibonacci Forex strategy to stack more winning trades!

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

I see a lot of people talking about moving averages and basing trades off of them. (A Martingale system)

While they can be ok in a sidewise market, I've never had much luck with them. And they can be catastrophic in a volatile market (like we had yesterday!)

Watch the video to find out why!

Check out our webpage at https://parkavenuetrading.com and get your free eBook outlining how to spot winning trades.
How To Handle Volatility In Markets!
While technical analysis is important to make profitable Forex trades, maintaining a philosophy that governs your trading strategy is even more important. It keeps you moving steadfastly forward despite the chaos of the market.

Learn how Heraclites gave us the secret to volatile markets over 2000 years ago.

Are you new to investing and wondering whether you should focus on fundamental or technical analysis? Or maybe you're a seasoned investor looking to refine your strategy? In this video, I'll delve into the differences between these two popular approaches to investing and let you know what's worked for me for over 30 years.

So, if you're ready to take your investing to the next level, hit the play button and join me for this informative and engaging discussion on fundamental vs technical analysis.

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

While some fundamental concepts come into play with forex trading, looking into the past is just that...the past. Plus, there are WAY too many variables to be able to track. Finally, all of those variables are too open to interpretation and bias... which leads to people astray.

But to be a profitable trader, you need to be able to use technical analysis you figure out where the market is going based on what it's doing NOW.

In this video, I show how I used technical analysis to predict a significant spike in GBS/USD.

To learn more about technical trading, check out this post: : https://parkavenuetrading.com/technical-analys…prehensive-guide/

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

It would seem to make sense to learn forex trading strategies with a demo forex account. But there's a harsh reality that I learned from my mentors 30 years ago. In this 2 part video series, I break down the pros and cons of demo forex accounts and show you how to set one up.

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

Understanding Forex lot size is a key component of risk management. Leveraging lot size with stop loss and other risk management strategies covered in this video can protect your account balance while generating profits.

Check out a detailed blog post on Forex Lots at: https://parkavenuetrading.com/lot-size-forex-a…nits-of-currency/

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

While there are dangers associated with forex demo accounts that I cover in part 1, there are some benefits as long as you approach it the way I outline in this video.

For a detailed blog discussion of this topic, check out the post here: https://parkavenuetrading.com/demo-forex-accou…trading-or-is-it/

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

Forex lot size is a basic but CRITICAL concept in Forex trading. Understanding lot size and how to manage risk appropriately means the difference between steadily increasing profits or slashing your account balance. In this video, I break down the basics of Forex lot size...which are the vital prerequisites to risk management that I cover in subsequent videos.

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

Allowing the reptilian brain to control trades is a dangerous proposition. Using a system of managing lot size and risk allows you to cut losses short and let winners run.

This video breaks down some forex trading psychology from handed down from some of the greats.

Check out a detailed blog post on Forex Lots at: https://parkavenuetrading.com/lot-size-forex-a…nits-of-currency/

Download your FREE e-book, "3 Simple Steps to Price Breakouts!" https://parkavenuetrading.com/3-steps/

Picking winning trades is only half the battle. Risk management (or money management...whatever you want to call it) has a major impact on profit and loss. Managing your lot size by using this proven risk percentage system will help keep your account balances at healthy levels.

Check out a detailed blog post on Forex Lots at: https://parkavenuetrading.com/lot-size-forex-a…nits-of-currency/

Whether you are a beginner or a seasoned Forex trader, you'll need a platform to track the prices in the forex market to and to access a variety of trading tools that allow you to determine buying and selling points.

In this video, I show you two of the most popular forex platforms, Metatrader and Trading View.

In most cases, it comes down to personal preference because the reality is, the trading PLATFORM doesn't make or break the trader, the trading SYSTEM does.

To learn more about trading systems, check out my webpage at https://parkavenuetrading.com.

Or, for a more detailed explanation of trading platforms, check out my post at:

Remember, enjoy the party, but dance next to the door!

Cheers,
Tom

In this video I go over how the GBP/JPY used the market trend degrees as support to move exponentially higher. The Trend reactionary numbers targets were hit. I also place two new Market trend degrees on the price chart that should act as support and resistance.

In this video I go over a Short Term Forex, Commodity, Crypto and Stock Day Trading Technique (system) to help traders find a Safe Over Extended Sell Zone. Also Known As A Bear Trap.
This Pattern requires you to Train your eye to find it, however once you do they will be easy patterns to recognize and offer very low Risk and high Rewards.
I will be Posting The Bearish Expanding Angle in my next Video
AKA Bull Trap

In this video I go over a Short Term Forex, Commodity and Stock Day Trading Technique (system) to help traders find a Safe Over Extended Buy Zone. Also Known As A Bull Trap.
This Pattern requires you to Train your eye to find it, however once you do they will be easy patterns to recognize and offer very low Risk and high Rewards.
This is in opposition to the Bear Trap

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Created 3 years, 9 months ago.

20 videos

Category Business & Finance

Tom Alongi is a retired Chief Forex Trader for two major international banks in New York (CRT Bank and BNA) He has over twenty five years experience in the professional Forex trading arena. He was a market maker for several key players in New York including DG Bank, BNP NY and CRT Bank NY. Since 1993 he has helped create day trading programs and longer term Forex Trading systems to meet the financial goals of the major financial institutions he was employed by.

His goal of this site is to introduce you to day trading and longer term trading systems to help give you an edge in the market. He will show you the techniques that the major players look at in order to make decisions.