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WELCOME TO FOREXNX.COM

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Hi friends, This is Rahul Sharma, today I wanna share my anguish with every new investor, I have decided to invest in foreign market in 2012, I was totally perplexed at that time because I had not any idea regarding to foreign exchange market,I just been through number of traders ,but every body tried to flimflam me, I would give special thanks to my best pal Gaurav, he ushered me to a https://www.forexnx.com/about-forex.html Well after getting proper guidance I just click on https://www.forexnx.com/about-forex.html and knew about Forexnx.com, and directly contacted to their tele caller ,would love to this tremendous experience with every guy that their tele caller was so helpful and energetic ,he cleared my concept about forex trading by online free trading, I have been doing forex trading for last one year ,and I ain’t hesitated to share it that in every step www.forexnx.com has helped me out, For know more about forexnx trading just been http://onlineedge.in/lp/forexnx/ remember me.

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WELCOME TO FOREXNX.COM

Our website:

www.forexnx.com

• Advantages of forex trading over Stock

1. High Leverages

2. Fundamental Consideration

3. Liquidity

4. More Freedom

5. 24hrs Markets

Advantages of Forex Trading

1. High Leverages2. High Liquidity3. 24hrs Markets4. Low Transaction cost/ Spread5. Profit Potential from Rising and

Falling prices/ Two way market6. No middleman charges7. No Commission

24hr market Monday to Friday Market update at morning 5.30am

daily Monday to Friday Market opens at Monday 2.30 am

and close at Saturday 2.30am….

Clients can do trading in total18currencies and also they can trade incommodities like Gold & Silver

Minimum deposit of 100$

One day forex turnover = 5trillion $

How to Analysis the Market

1. Fundamental Analysis2. Technical Analysis

Cat Cat05

10 Series 1

Series 2

Series 3

Types of Currency pair

1. Major Currency2. Cross Currency3. Exotic Currency

Account Types

Accounts Mini Account Standard Account

Premium Account

Minimum Deposit $100- 1,999 $ 2,000 – $

4,999$ 5,000 and Above

Tight Spread   4 pip*   3pip*   2pip*

Education   Yes   Yes   Yes

Trading signals   No   No   Yes

Commission    No   No   No

Professional Assistance   No   No   Yes

Dedicated team   Yes   Yes   Yes

What is Leverages?Buying and Selling Power

What is Bid price?Bid price means selling prices

What is Ask price?Ask price means buying prices

What is Spread?Spread means difference between bid

price and ask price currencies

What is Pip?A smallest point.

Technical Terms

Base currency: Fist currency pair is known as base currency

Quote currency: Second currency is known as quote currency.

EUR/USD

Base currency Quote Currency

Types of Currency Position

• Long Position • Short Position Long Position is Buy

Position

A trader opens long

position with aim of selling

the base currency at a

higher price at a later time

Short position is Selling Position

A trader opens a short

position with aim of buying

the base currency at a lower

price at a later time.

A Lot is amount the buyer and seller are committed to at the moment the position is opened.

Ex: 0.01 is 1000 units of base currency..

What is Lot?

Profit = lot x 10

For ex: 0.10lot = 0.10 x 10 = 1 1$ profit/lose

How to calculate lot as profit/lose?

Bid price 1.3520Ask price 1.3524

How much points difference you can see?•4points

That’s our spread charge….. (Brokerage)Spread is charged one time and it’s a fix charges when client opens a new deal…. After that whatever is the profit that’s clients profit.

How we calculate spread (brokerage)?

For ex:

Order price =1.8000

Position = Ask (buy)

10+ = 0.04

Current price = 1.8150

1.8000 – 1.8150 = 150

0.04= 0.40x150 = 60

P/L = 60 (Profit)

--------------------------------------------------------------------------------------

Order price = 1.8025

Position = Bid (Sell)

10+ = 0.05

Current price= 1.8150

1.8025 – 18150 = 125

0.04 = 0.50x125 = 62.5

P/L = -2.5 Loss

How dose market woks?

O = OPENING PRICE ( This price is updated daily 5.30am Monday to Friday)

H= HIGHEST PRICE

L= LOWEST PRICES

•T/P means Take profit. Is an automated order you set that your account will liquidate a particular currency position if it reaches a certain level of profit….

• S/L means Stop Loss. Is an automatic close of a trade that you can set to happen if your currency goes in a direction that would cause you to lose money…

What is T/P & S/L

TYPES OF TRADERS

•Day Trading

•Swing Trading

•Position Trading

Types of Traders

• Day Trading1. Scalping

2. Fading

3. Daily Pivot

4. Momentum Trading

• Major Currency•Cross Currency•Exotic Currency

Types Of Currency Pair

When a currency trader enters into a trade with the intent of protecting and existing or anticipated position from and unwanted move in the foreign currency exchange rates, they can be said to have entered into a forex hedge. By utilizing a forex hedge properly, a trader that is long a foreign currency pair, can protect themselves from downside risk; while the trader that is short a foreign currency pair, can protect against upside risk………

Hedging

Payment Mode

Credit Card Debit Card Internet Banking Bank Transfer

ForexNx requires that all clients submit the the following documents:

Photo ID PROFF ADDRESS PROFF

What are benefit for doing trading in our company? Can withdraw the profit amt in 24

working hrs No charges at the time of withdraw

other company charge 20$......... No charges on deposits 24 x 5 helpline (telephone services)