Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

currency trading sample

82,685 views

Published on

just a few sample slide to draft

Published in: Economy & Finance, Business
  • Be the first to comment

  • Be the first to like this

currency trading sample

  1. 1. CURRENCY TRADINGBy: kriengkrai jermpatjanya
  2. 2. “… an investment inknowledge always paysthe best interest…” n Benjamin Frankli
  3. 3. 4 CORE ELEMENTS Buyer + Seller + Asset + Price Buyer   ✪   Asset   ✪   Seller   ✪  ✪   Price  
  4. 4. global trading isHUGE!
  5. 5. Turnover in the Global foreign exchange markets in April 2010Source: Bank for International Settlements (BIS)
  6. 6. The main currenciesEUR, USD, JPY, GBP, CHF, AUD, CAD, and NZD JYP, 3% Others, 4% GBP, 4% EUR, 27% USD, 62%Source: International Monetary Fund June 2010    
  7. 7. How to make profit?EUR/USD = 1.3050Base Currency   Quote Currency  When you buy EUR/USD, you are actually buying 1 euro whilesimultaneously selling short 1.3050 dollar.
  8. 8. Choosing an account type  ECN, Standard, é   Mini, Micro ê    trade in Gain? Bullish,  Market The bid, The ask & The spread è    RETAIL è  Bearlish or è    Pips Maker Sideway Loss? market é   Not enough capital? that’s ok, you have Leverage Loss more than Margin call?Send an order amount of “X”Lots to market maker ê   ê    order long/ short in .. Order is EUR/ USD Pair at 1.3400 closed
  9. 9. How many methods can you use to findS&R? §  Fibonacci §  Trend line §  Indicator §  The relationship of time frame §  Moving Average §  Demand and Supply concept §  Big numbers §  Etc...
  10. 10. Start Tradingtrend is ourfriend
  11. 11. 4 STEPS§  Identify the trend by using 3 bars rule§  Set “stop order” when the “conditions” occur§  Set stop loss§  Manage the stop loss
  12. 12. THE ENDThank you for joining the seminar, see youall next class!

×