Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

72.12% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Bill Williams theory

Information is not investment advice

Bill Williams is a famous American trader known for his unique approach to the market that comprised trading psychology and the chaos theory. Williams developed several technical indicators (Accelerator/Decelerator Oscillator, Alligator, Awesome Oscillator, Fractals, Gator Oscillator, and Market Facilitation Index). You can find these indicators in Metatrader (click “Insert”, choose “Indicators” and then “Bill Williams”).   

Bill Williams thinks that fundamental and technical analysis are not enough for good trades because they don’t allow traders to see the real market that is turbulent, nonlinear and chaotic.

The market structure according to Williams Theory

According to Williams, the market has a structure. To succeed, a trader has to understand this structure. The market structure has 5 dimensions:

  • Fractal
  • Momentum
  • Acceleration/Deceleration
  • Zone
  • Balance line

Williams says that it’s necessary to understand all dimensions of the market.

Markets have a fractal structure. It means that they are made of shapes that can be in turn divided into smaller copies of these shapes. Any decision a trader makes is a behavioral fractal. To trade with a profit, one has to recognize the behavioral fractal of lots of traders. This will let a trader forecast the direction of the market.

Traders should think about the chaos of the market as of something negative. Williams calls chaos a higher form of order which is governed not by cause and effect but by randomness. The market follows a path of least resistance which is defined by a hidden structure, like the flow of a river depends on the underlying structure of a riverbed. A trader has to discover the market’s structure and trade according to it.

In addition, a trader needs to know his/her “own underlying structure”, i.e. the routines and daily habits that determine his/her approach to trading, behavior, and reaction to any movement in the market.

A trader’s goal is to combine the knowledge of the market structure with the self-knowledge. Bill Williams gave his approach the name of “profitunity”. In his opinion, it’s important to stop doubting oneself and simply enjoy trading. Basically, Williams recommends to keep calm and carry on: trade, learn, gain experience, and make money. Get ready to discover how to use the indicators developed by Bill Williams for profit!  

Popular

Will the CPI Crash the USD?

 The most impactful releases of this week will fill the market with volatility and sharp movements.

Crypto Market Changes The Trend

Happy Tuesday, dear traders! Here’s what we follow: 

The US Labor Market And Real Estate Market Are In Focus This Week

Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.

Choose your payment system

Feel the Team Spirit

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later