Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Hanoi Learns to Trade with Elliott Wave Theory

Hanoi Learns to Trade with Elliott Wave Theory
08.07.2019 Education & Events

From 15 to 17 June, FXTM’s globe-trotting Head of Education Andreas Thalassinos was back in Hanoi, Vietnam with his new educational series ‘Trading with Elliott Wave Theory’.

The Elliott Wave theory is one of the most important concepts in technical analysis. Elliott defined a number of wave patterns that appear during the lifecycle of a financial instrument and identified guidelines for when they appear. Traders can use these patterns to forecast potential trends and find possible upcoming opportunities. 

Seminar and workshop attendees enjoyed learning new techniques and guidelines, including:

  • Identifying the different types of wave
  • Understanding reversal patterns
  • Recognising entry opportunities in the market 
  • Calculating price and potential take-profit targets
  • Discovering Fibonacci retracements and 0projections
  • Applying risk management rules
  • Exploring crowd psychology and contrarian theory
     

We were pleased to receive such positive feedback on each session, with one participant saying: 

“All attendees would like to thank you, FXTM team. FXTM really is the first professional broker to provide support in Vietnam with practical lessons on risk management and the forex market. I hope we will have more workshops soon with new subjects.”

We want to give our heartfelt thanks to everyone who attended and helped to make the day such a success! It was a great opportunity to connect with so many of our traders.

FXTM remains committed to offering educational forex seminars to our traders around the world. Please visit our seminars page to see if there’s an event coming to your area soon. 

Are you trading with a global, award-winning broker? Open your FXTM account today!

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