17 June 2017 was a memorable day for XM for hosting a free seminar in Mexico City for the first time.
The educational event was organised at Hotel NH Collection Mexico City Reforma, where our company staff members welcomed a great number of guest who joined us for a one-day seminar dedicated to the topic of Intraday Forex Trading Strategies.
Presented by Academia de Mercados, the seminar was designed for online traders who wished to learn about the use of forex trading techniques, in particular about specific trading tools to identify rapidly changing market conditions in order to minimize risk.
Academia de Mercados elaborated on the concept of gap trading, which allows intraday traders to spot out areas in the price chart that indicate trend weakness vs. strength and thus indicate where positions can be taken. Additionally, the practical use of chart pattern analysis, which plays an essential role for traders to visualize price action, was also explained in detail. In the second part of the seminar, the importance of money management was emphasized by Academia de Mercados, which aimed to make participants more aware of building up individual trading plans that suit their investment goals and trading style. As trading psychology constitutes a highly relevant part of each online investor’s trading style, the seminar presentation also dedicated time to techniques related to risk management and the importance of trading discipline.
It was a pleasure being in Mexico City and reconnecting with our clients, to whom we would like to thank once again for joining us at the XM seminar.