Forex Network Special Interest Group
Wednesday 12 March 2025 at 7.30pm (AEDT)
This is an online only meeting.
Many of you will know our presenter this month: Sunil Mangwani. Sunil is a Trader, Educator, Blockchain Advisor, Author and Speaker.
Sunil is a Physics graduate with a Diploma in Financial Management.
Sunil has been associated with the financial markets over the last 23 years and has
devised proprietary trading strategies & algorithms based on his vast knowledge and
in-depth study of the markets.
Sunil is also the founder of “Fibonacci Forex123” and offers special coaching for trading the
markets and individual mentorship programs.
Sunil is the author of the book – ‘7 Secrets of Professional Traders’ ; and is a reputed speaker in financial conferences/expos
in various countries including Australia, Barcelona, London, Singapore, USA, Toronto, Jakarta, and Moscow.
Sunil’s topic this month: Deciphering Technical Analysis - Looking Behind the Charts & Why Most Retail Traders Lose
Have you entered a trade, only to get stopped out and subsequently watched the price go in the direction you estimated?
You are simply getting ‘trapped’ in the moves created by professional trades……to take money from retail traders, which is what price movements and Supply/Demand are all about.
The statistics for intra-day trading reveal that more than 80% of retail traders lose money.
In this webinar, we shall cover the following points:
• Understanding the nature of the Forex market, how it works, and the dominant participants
• Demand & Supply – These are Institutional Support & Resistance zones and we will go behind the charts to understand what moves price.
• Understanding how human emotions are reflected on the charts, and why retail traders get trapped
• How indicators are used for trapping the novice traders
• Introduction to Institutional Fibonacci ratios & how to use them effectively.
• The concept of 3M’s – Money, Mind & Method
The Forex Network (FN) is an informal meeting for ATAA Members who are interested in learning more about trading forex. We meet online to learn, share experiences, and educate each other - members helping members.
Agenda
- Opening - Romy
- Apologies
- Welcome to new attendees
- Presentation by Sunil Mangwani
- General discussion
- Where to find the recordings of the meetings on the website in the ATAA Resource
See you on Wednesday 12th March at 7:30 pm
The Forex Network meeting format is to:
- Improve our understanding of the key factors involved and what to be aware of.
- Share experiences.
- Share information.
- Review charts.
- Talk about trade setups and results.
- Informally network to support each other.
The Forex Network meets on the second Wednesday of each month from 7:30 – 9:00pm.