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Foreign Exchange Market

Forex

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Page 1: Forex

Foreign Exchange

Market

Page 2: Forex

Ever traveled abroad?!!

Page 3: Forex

The history of trading

Page 4: Forex
Page 5: Forex

So why do money

have value?!!

Page 6: Forex

What is it?

It is a worldwide currency market.

It operates 24 hours a day,5 days a week; from 10:15PM on

Sunday until 11:59PM Friday.

Daily traded volume of $3.98 trillion.

Page 7: Forex

Types of markets

Spot market.

Futures and Forwards markets.

Page 8: Forex

Market participants

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Governments

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Central banks

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Big firms

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Traders

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Types of pairs

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How to read an quote

Ask price.

Bid price.

Spread.

Pip or point.

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What affects the market?

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Employment data

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Tourism

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Gross domestic

product

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Leverage

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Leverage

Leverage can be as much as 250:1.

It can be a source of a huge profit or loss.

You can’t be a Forex trader without using leverage.

Page 22: Forex

Short selling

The market is moving upwards.

I AM MAKING MONEY

The market is falling.

I AM MAKING MONEY

Page 23: Forex

Getting started

Take care when choosing a broker

Quality Institution

Low Spreads

Extensive Tools and Research

Wide Range of Leverage Options

Open a demo account and start trading.

Page 24: Forex

Let’s Recap

Page 25: Forex