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2/5: Identify the trading opportunity

This lesson assumes that you understand your financial goals and are familiar with all the risks and opportunities online trading provides. You can schedule a free call with our expert trader that will help you find the best way to achieve your financial goals.

Now that you have determined the overall market direction of a currency, you can proceed and begin looking for trading opportunities.

To determine where you will enter the pending order in the next step, you will first switch to the five minute chart and then wait for the price to briefly move against the overall market direction hoping fo