Upload
himanshkumargarg786
View
67
Download
0
Tags:
Embed Size (px)
DESCRIPTION
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.
Citation preview
• 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
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 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
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