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Foreign Exchange
Market
Ever traveled abroad?!!
The history of trading
So why do money
have value?!!
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.
Types of markets
Spot market.
Futures and Forwards markets.
Market participants
Governments
Central banks
Big firms
Traders
Types of pairs
How to read an quote
Ask price.
Bid price.
Spread.
Pip or point.
What affects the market?
Employment data
Tourism
Gross domestic
product
Leverage
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.
Short selling
The market is moving upwards.
I AM MAKING MONEY
The market is falling.
I AM MAKING MONEY
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.
Let’s Recap