The document provides an overview of indexes, currencies, and strategies for trading in the forex market. It defines what indexes are and lists examples such as the Dow Jones, S&P 500, FTSE 100. It then explains how currency exchange works, including different types of transactions like spots, forwards, swaps, and futures. Key factors that influence currency rates are also outlined, such as economic performance, interest rates, and political events. The document concludes by listing strategies for analyzing markets, managing risk, and becoming a successful forex trader.
A major provider of online foreign exchange (Forex) trading services, offering margin FX and commodities trading to individuals and institutional clients world-wide. Our multi-bank liquidity feed, fast execution and flexible leverage options set us apart as an industry leader. We offer our clients by sharing our dedication, intelligence and passion for trading.
Forex Trading - How to Create a Trading StrategyBlueMax Capital
Forex trading how to create a trading strategy. The Forex Fundamental Analysis, Technical Analysis, Risk Management, Rules Successful Forex Traders Follow and Reasons Why Forex Traders Fail.
Forex Trading - How to Create a Trading Strategy | Different Candle Stick Pat...BlueMax Capital
Learn about the Forex Fundamental Analysis and the Major Economic Indicators ; Technical Analysis; Forex Charts; Types of Candlesticks; Trendline Analysis; Support and Resistance Strategy; Technical Indicators; Forex Strategy; Risk Management and much more
“Forex Trading Strategies” is a complete guide of most popular and widely used strategies in Forex trade. You can read about day trading and its main types, understand the strategies based on market analysis, learn about portfolio and algorithmic trading, and many more. The book represents the ins and outs of each strategy - why and how it is used and how to get profit from trade. It is suitable for all traders who are novice in trade or want to improve their skills. All the strategies classified and explained here are for educational purposes and can be applied by each trader in a different way.
Create the mindset your need Trade like a Pro. Inside this book you will discover the topics about the mindset and trading, how to trade on the forex, have realistic expectation, understand the power of patience, be organized in your approach to the markets, why emotional management is critical to trading success, over complicating forex trading can easily induce emotional trading, how price action trading will cure emotional trading problems and the winning traits of a forex trader.
A major provider of online foreign exchange (Forex) trading services, offering margin FX and commodities trading to individuals and institutional clients world-wide. Our multi-bank liquidity feed, fast execution and flexible leverage options set us apart as an industry leader. We offer our clients by sharing our dedication, intelligence and passion for trading.
Forex Trading - How to Create a Trading StrategyBlueMax Capital
Forex trading how to create a trading strategy. The Forex Fundamental Analysis, Technical Analysis, Risk Management, Rules Successful Forex Traders Follow and Reasons Why Forex Traders Fail.
Forex Trading - How to Create a Trading Strategy | Different Candle Stick Pat...BlueMax Capital
Learn about the Forex Fundamental Analysis and the Major Economic Indicators ; Technical Analysis; Forex Charts; Types of Candlesticks; Trendline Analysis; Support and Resistance Strategy; Technical Indicators; Forex Strategy; Risk Management and much more
“Forex Trading Strategies” is a complete guide of most popular and widely used strategies in Forex trade. You can read about day trading and its main types, understand the strategies based on market analysis, learn about portfolio and algorithmic trading, and many more. The book represents the ins and outs of each strategy - why and how it is used and how to get profit from trade. It is suitable for all traders who are novice in trade or want to improve their skills. All the strategies classified and explained here are for educational purposes and can be applied by each trader in a different way.
Create the mindset your need Trade like a Pro. Inside this book you will discover the topics about the mindset and trading, how to trade on the forex, have realistic expectation, understand the power of patience, be organized in your approach to the markets, why emotional management is critical to trading success, over complicating forex trading can easily induce emotional trading, how price action trading will cure emotional trading problems and the winning traits of a forex trader.
"Triumph Scalper" operates excellently on its own! But "Triumph Scalper Assistant" is created exclusively to reduce the amount of time you spend and increase your benefit. “Triumph Scalper Assistant” captures the best moments to enter BUY or SELL trades that are generated by the “Triumph Scalper” and allows you to open an order with a few clicks.
Introducing Forex Fortunes Guide:- Create the Mindset Your Need Trade like a Pro. Inside this eBook, you will discover the topics about the mindset and trading, how to trade on the forex, have realistic expectations, understand the power of patience, be organized in your approach to the markets, why emotional management is critical read more
Today I'll give you the forex fortune guide, with the help of this guide you can learn forex trading in a very simple way and analyze the data professionally.
Trading on Forex is especially difficult because of humans emotions and greed. How not to lose the deposit and not to give last money for nerves treatment while trading on Forex? Very simply. Meet Forex advisors in the presentation of JustForex
https://justforex.com
The aim of this book is to give readers a brief overview on Forex
markets from the means through which traders can develop the
proper mindset when trading, how to trade on the Forex market, why
emotional management is critical to successfully trading on the Forex
market, to discussing some of the favorable qualities a good Forex
trader should posses. These aspects of Forex trading will be discussed in depth in the other chapters that follow but for now, we tackle the basics pertaining to Forex trading as a money making entity.
Forex or (Nadex) Binary Options, or without a doubt exchanging general, ought to think of it as a highlight purchase a participation to (BOTS) procedure advancement room. Notwithstanding your experience level, you would now be able to participate and start gaining from other astounding individuals. The general purpose of this assistance is to attempt to interface similar people together to shape a group of thoughts to help out everybody improve. Any individual who has exchanged for almost any timeframe realizes exchanging is HARD, VERY HARD. It requires some investment to create procedures and attempt to figure out how to control hazard. We help out by offering a local area in which individuals can share their encounters and what they are really going after to diminish an opportunity to gain proficiency with these significant exercises.
Inside this ebook you will discover about the mindset and trading how to trade on forex, have realistic expectations and have the power of patience be organised in the approach to the market etc.
Knowing the trend is crucial. Sure, you have experienced times when you entered the trade and waited during the choppy zone while some other pair was making a solid move. Trading the market that turns up and down and takes back all the profits during a series of losses feels like a slow torture...
Forex Trendy is a software solution to avoid trading during uncertain market periods. Instead, pick the best trending pair at the current time.
It uses no indicators, but the trend is determined by pure price action.
It quickly scans 34 Forex pairs on all time frames from minute to monthly. That's 34 x 9 = 306 charts. Forex Trendy analyzes all the charts for you every second! This way, you get the best trending pair and time frame at any time you want.
Introducing Forex Fortune guide create the mindset you need to trade like a pro, inside the sea book you'll discover the topics about the mindset and trading how to trade on the Forex have realistic expectations understand the power of paces be organized in your approach to the Marcus why emotional management is critical to trading success over complicating Forex trading can easily induce emotional trading how price action trading will cure emotional trading problem and the winning traits of a Forex Trader
The aim of this book is to give readers a brief overview on Forex
markets from the means through which traders can develop the
proper mindset when trading, how to trade on the Forex market, why
emotional management is critical to successfully trading on the Forex
market, to discussing some of the favorable qualities a good Forex
trader should posses. These aspects of Forex trading will be discussed
in depth in the other chapters that follow but for now, we tackle the
basics pertaining to Forex trading as a money making entity.
Get all the info you need here.
"Triumph Scalper" operates excellently on its own! But "Triumph Scalper Assistant" is created exclusively to reduce the amount of time you spend and increase your benefit. “Triumph Scalper Assistant” captures the best moments to enter BUY or SELL trades that are generated by the “Triumph Scalper” and allows you to open an order with a few clicks.
Introducing Forex Fortunes Guide:- Create the Mindset Your Need Trade like a Pro. Inside this eBook, you will discover the topics about the mindset and trading, how to trade on the forex, have realistic expectations, understand the power of patience, be organized in your approach to the markets, why emotional management is critical read more
Today I'll give you the forex fortune guide, with the help of this guide you can learn forex trading in a very simple way and analyze the data professionally.
Trading on Forex is especially difficult because of humans emotions and greed. How not to lose the deposit and not to give last money for nerves treatment while trading on Forex? Very simply. Meet Forex advisors in the presentation of JustForex
https://justforex.com
The aim of this book is to give readers a brief overview on Forex
markets from the means through which traders can develop the
proper mindset when trading, how to trade on the Forex market, why
emotional management is critical to successfully trading on the Forex
market, to discussing some of the favorable qualities a good Forex
trader should posses. These aspects of Forex trading will be discussed in depth in the other chapters that follow but for now, we tackle the basics pertaining to Forex trading as a money making entity.
Forex or (Nadex) Binary Options, or without a doubt exchanging general, ought to think of it as a highlight purchase a participation to (BOTS) procedure advancement room. Notwithstanding your experience level, you would now be able to participate and start gaining from other astounding individuals. The general purpose of this assistance is to attempt to interface similar people together to shape a group of thoughts to help out everybody improve. Any individual who has exchanged for almost any timeframe realizes exchanging is HARD, VERY HARD. It requires some investment to create procedures and attempt to figure out how to control hazard. We help out by offering a local area in which individuals can share their encounters and what they are really going after to diminish an opportunity to gain proficiency with these significant exercises.
Inside this ebook you will discover about the mindset and trading how to trade on forex, have realistic expectations and have the power of patience be organised in the approach to the market etc.
Knowing the trend is crucial. Sure, you have experienced times when you entered the trade and waited during the choppy zone while some other pair was making a solid move. Trading the market that turns up and down and takes back all the profits during a series of losses feels like a slow torture...
Forex Trendy is a software solution to avoid trading during uncertain market periods. Instead, pick the best trending pair at the current time.
It uses no indicators, but the trend is determined by pure price action.
It quickly scans 34 Forex pairs on all time frames from minute to monthly. That's 34 x 9 = 306 charts. Forex Trendy analyzes all the charts for you every second! This way, you get the best trending pair and time frame at any time you want.
Introducing Forex Fortune guide create the mindset you need to trade like a pro, inside the sea book you'll discover the topics about the mindset and trading how to trade on the Forex have realistic expectations understand the power of paces be organized in your approach to the Marcus why emotional management is critical to trading success over complicating Forex trading can easily induce emotional trading how price action trading will cure emotional trading problem and the winning traits of a Forex Trader
The aim of this book is to give readers a brief overview on Forex
markets from the means through which traders can develop the
proper mindset when trading, how to trade on the Forex market, why
emotional management is critical to successfully trading on the Forex
market, to discussing some of the favorable qualities a good Forex
trader should posses. These aspects of Forex trading will be discussed
in depth in the other chapters that follow but for now, we tackle the
basics pertaining to Forex trading as a money making entity.
Get all the info you need here.
Forex means the process of exchanging one currency for another based on the market’s exchange rate with these currencies being sold and purchased in pairs. For instance, for you to purchase Japanese Yen you have to sell US dollars and as a result Forex currencies have to be quoted in pairs for example GBP/USD, EUR/USD, or EUR/JPY. Some currencies have more demand than others meaning that that those with more demand trade more frequently and are referred to as major currencies.
CREATE THE MINDSET AND TRADE LIKE A PRO.
OVER HERE YOU WILL KNOW ABOUT TRADING, FOREX,NADEX, BINARY OPTIONS.
YOU WILL UNDERSTAND THE POWER OF PATIENCE IN TRADING AND THE ACCURACY REQUIRED IN THIS FIELD.
YOU WILL BECOME ORGANISED IN YOUR APPROACH TO THE MARKET.
YOU WILL ALSO LEARN WHY EMOTIONAL MANAGEMENT IS SO CRITICAL AND CRUCIAL IN THE FIELD OF MARKETING AND TRADING AND INVESTMENT.
COMPLICATED FOREX TRADING CAN EASILY INDUCE EMOTIONAL TRADING.
YOU WILL ALSO LEARN TO KNOW HOW PRICE ACTION TRADING WILL CURE EMOTIONAL TRADING PROBLEMS.
AND AT THE END YOU WILL LEARN HOW TO BE A WINNING FOREX TRADER.
The aim of this book is to give readers a brief overview on Forex
markets from the means through which traders can develop the
proper mindset when trading, how to trade on the Forex market, why
emotional management is critical to successfully trading on the Forex
market, to discussing some of the favorable qualities a good Forex
trader should posses. These aspects of Forex trading will be discussed
in depth in the other chapters that follow but for now, we tackle the
basics pertaining to Forex trading as a money making entity.
Get all the info you need here.
Triumph Scalper - Highly Converting Forex Product
"Triumph Scalper" is an exclusive software for trading on the forex market. Its main goal is to make your trading really profitable, saving your precious time and nerves!
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10 Chart Patterns every pro trader should know Deriv.com Vince StanzioneVince Stanzione
New Ebook and Wall Chart written by top trader Vince Stanzione for Deriv.com on chart patterns that can help you make better trades using deriv.com these patterns can be used on Deriv for synthetic indices, deriv forex, stocks and stock indecies
Learn how to get Free Signal From Forex - Best Forex Trading strategyMao Sararith
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simple options buy alerts that have a high probability of moving up in price in the next 2 to 9 days... plus advanced options trader training to help you get the best results!
The Foreign Exchange, also referred to as the "Forex" or "Spot FX" market, is the largest financial market in the world, with over $1.2 trillion changing hands every single day. This paper is about trading and managing risk in that fast moving market.
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Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
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Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
1. Introduction To Indexes and Currencies
What is an Index?
A stock index is a method of measuring the value of a section of the
stock market. It’s basically computed from selected stocks.
Example of Indexes:
U.S :
Nasdaq, Dow Jones, S&P 500, Russel,
Britain:
FTSE100
FTSE500
France:
CAC40
China:
SSE Composite Index
Hong Kong:
Hang Seng Index
India
Bombay Stock Exchange
Japan:
2. Nikkei 225
Germany:
DAX
What does it exactly means?
Dow Jones Industrial Average: comprises 30 stocks : Alcoa,
American Express, American International Group (AIG), AT&T,
Bank of America, Boeing, Caterpillar, Chevron, Citigroup, Coca-Cola,
DuPont, Exxon, General Electric, General Motors, Hewlett-Packard,
Home Depot, Intel, IBM, Johnson & Johnson, Morgan Chase,
McDonalds, Merck, Microsoft, Pfizer, Procter & Gamble, United
Technologies, Verizon, Wal-Mart and Walt Disney.
How to calculate it?
We add all the stock values: But after calculation you find that it
equals for example: 1545.32.
But it differs from its real value on the stock market right???
To get to the value on the market you divide this number by the
official industrial averages divisor
Which is in this case 0.122834016.
After dividing 1545.32/0.122834016 = 12580.55 which is the value
appearing on the market.
3. What drives indexes?
Well as it depends on the values of the firms so if there is a decrease
of the stock value of Mcdonalds the index will face a decrease too. So
it depends on the value of the stock because some stocks have a
bigger impact on the index.
What traders use to analyse it?
They have a look at the aggregate demand in these sector, they do a
fundamental analysis on each stocks have a look on the economy,
political impact, and other factors (Sandy Hurricane).
4. FX Market:
What makes it different from other markets?
-Huge trading volume representing the largest asset class in the
world leading to high liquidity
-Geographical dispersion
-Its continuous operation: 24 hours a day except weekends, i.e.,
trading from 20:15 GMT on Sunday until 22:00 GMT Friday;
-The low margins of relative profit compared with other markets of
fixed income; and
-The use of leverage to enhance profit and loss margins and with
respect to account size
How to buy it or sell it?
There are different types of transactions in the FX market
Spot transaction: two-day delivery transaction except for the case of
trades between the Us dollar, canadian dollar, turkish liram euro and
russian ruble which settle the next business day. It represents a direct
exchange between two currencies and has the shortest time frame,
which involves cash rather than a contract.
Forward transaction. In this transaction money does not actually
changes hands until some agreed upon future date. The buyer and
seller agree for an exchange rate in the future and the transaction
occurs on that date. The date is decided by both parties
5. Swap transaction: it is the most common transaction, two parties
agree exchange currencies for a certain length then in a fixed date
they exchange it again,
Futures:
Futures are standardized forward contracts and are usually traded on a
exchange created for this purpose the average contract length it 3
months.
Option: an FX option is a derivative where the owner has the right
but not the obligation to exchange money denominated in one
currency into another currency at a pre-agreed exchange rate on a
specified date.
What drives the currency market?
-Traders have a look first at a fundamental analysis. For example,
during my internship they were based on the unemployment data in
the U.S.
-They also have a look on the economy and what people say about it.
Because some might speculate about it.
-Have a look on the supply of the money by the FED and their policy.
-Political impact
-Bad harvest ( example Tsunami for Japan).
How to begin?
Forex platform can be found for free online. Usually, I would suggest
to begin with a free demo account ( 30 days) and can begin with a 50
quids minimum cash.
6. Forex Tips:
Know yourself!
If you want to trade in a company you need to know if you and the
company match. For example if you as a customer want to trade in a
bus company you need to figure out yourself how often do you take
the bus. You need to know as many information possible about the
business and if it suits to your lifestyle and your friend’s lifestyle.
The help of an experienced trader:
www.forextradealert.info (for example)
The help of an experienced trader could be really useful to
begin with in trading.
Two ways of trading:
-Watching during few minutes or few hours the market through
a computer during the day.
- Other prefers to check their trade during regular intervals.
This is why it is important to know yourself!
Because some people can’t stand watching the market moving
up and down but others enjoy watching it and can’t think about
a different way for trading.
THE PERFECT STRATEGY DOESN’T EXIST!
In fact, for each trade there are many different strategies, which
could be at the same time good for one trade and bad for the
other one.
Example of few strategies:
7. - With clearly defined criteria and check with your list if it’s
fit.
- Identifying through graphs.
- A good strategy is the one, which avoid the guesswork.
- A good strategy should clearly define stop loss and profit
targets.
- You need to know every risk for each trade.
Stay Disciplined!
When you fix an objective for example checking the market
every 2 hours then you need to follow it.
Successful trader make as well loss but they are disciplined
and this is why they make profit overall.
The emotions can play tricks on you and do not let you what to
do.
The key is to follow your strategy and not what you mind say to
you.
A profitable trade is buying a currency or share and hoping to
sell it later at a higher currency and then buy it back cheaper at
a later stage
Forex units are the pips, its 0.0001 change that is the smallest
quoted unit.
IF you are prepared to risk 50 pips maximum, then you can set
an automatic order to close the position should the price fall by
50 pips! It is called a Stop Loss order!
When you set a profit target it is called a Profit Limit Order.
Some vocabulary:
8. When traders think that a currency will increase they are said to
be ”bullish”
If traders think negatively then they are said to be “bearish”
How to trade in Forex:
In forex you are always comparing one currency to another,
forex is in fact quoted in pairs. The first currency in a currency
pair is the “base currency”, the second currency is the “counter
currency”. For example if you are bearish of euros (think it will
decrease) you could sell EUR/USD but you are not only selling
euros but buying US dollars as well.
So if you buy a pair, up is good, if you sell it down is good.
What is leverage?
A leverage allow you to trade with 10 000 pound in the market
by setting aside only 2000 pound as a security deposit. It
means that you can take advantage of even the smallest
movements in currencies by controlling more money in the
market than you have in your account.
It can increase considerably your profits but as well increase
your loss.
Start trading with small amount is the best to do not take too
much risk
How do you know which currencies will rise
and will fall?
9. Fundamental Analysis:You need to look at supply and
demand. This is called fundamental analysis. Interest rates,
economic growth, employment, inflation, and political risk are
all factors that can affect supply and demand for currencies.
Technical Analysis: Price charts tell many stories and most
forex traders depend on them in making their trading decisions.
Chart can point out trends and important price points where
traders can enter or exit the market, if you know how to read
them.
Money management: an essential part of trading. All traders
need to know how to measure their potential risks and rewards
and use this to judge entries, exits and trade size.
The risk management:
Before entering a trade you need to know how many pips are
risked and exactly the amount, which is risked in monetary
terms.
Mostly, any professional trader risk more than 1-2% of their
trading account on any one trade.
To become a successful forex trader you must learn how to
manage risk in priority.
The winning attitude:
10. Unrealistic people just quit because people fail to make
consistent profits in forex.
The truth about trading is you will have many losing trades and
to be profitable you need strong risk management!
A winning attitude recognizes small gains over time are better.
It is easy after a string of successful trades to be tempted to
increase your trade size but it could be really dangerous and
could be out of money.
Three different strategies:
The first one is called the “News Fade”. You need to go online
and check the events. Each events has a particular impact on
the currency and from that you can take notes and write down
the impact of each events on the
Develop a safety!
You need to look in the monitor how you are doing and criticize
yourself.
You can use an excel spreadsheet and put for each column a
trading strategy.
You can note the trade time, currency, set up time, the risk ratio
how the trade progressed and how it was concluded.
Enjoy!
Trading is basically changing all the time, no one knows all
about trading and the advantage is that you can always
improve your trading.