Just one month after attending the Money Summit & Wealth Expo 2017 in Taguig City, XM returned to the Philippines, and this time with a free forex trading seminar organised in the City of Manila on 3rd June.
Hosted at New World Makati Hotel, the event attracted numerous Filipino traders keen on learning more about online forex trading in general and trading techniques in particular useful to analyse trends and predict future price action.
Event speaker Avramis Despotis delivered a detailed presentation on the major factors that affect market trends and on trend analysis techniques that help investors capture the momentum of various financial instruments and apply the correct position sizing to minimize risk.
Seminar participants had the opportunity to gain a closer insight into several technical indicators, including the Fibonacci tools, as well as the indicators developed by Avramis Despotis himself, such as the Avramis Swing Indicator and the Avramis Trend Reversal Indicator, both of which can be used to identify trends, manage risk, and set stop loss and take profit orders.
Once the seminar ended, the winners of the XM Lucky Draw were raffled, who were presented with their prizes on the premises, and whom we would like to congratulate once again.