How To Consistently Make $900 - $9,000 in 48 Hours or Less

Transcription

1 Forex & Gold Trading Bootcamp Break-Out Session How To Consistently Make $900 - $9,000 in 48 Hours or Less CHEAT & ACTIVITY SHEET MARK SO (THE HANDSOMEST FOREX TRADER THAT EVER EXISTED ;-) MARK SO (THE HANDSOMEST FOREX TRADER THAT EVER EXISTED ;-) 0

2 1 How To Consistently Make $900 - $9,000 in 48 Hours or Less Forex and Gold Trading Bootcamp Cheat Sheet: 1. Currency Pairs = Pricing convention used in the Forex Market Ex. EUR / USD = Base Counter Proper Way To Read Currency Pairs: 1 Euro = US Dollars is the price of the Euro quoted in US Dollars 2. PIP = Price Interest Point. Ex. = It is how we measure Profits / Losses in the Forex Market. = It is the 5 th Significant digit in the quoted price The number 2 is the 5 th significant digit. This is where we begin measuring PIPs. If goes to , then the price moved by 1 PIP

3 2 How To Consistently Make $900 - $9,000 in 48 Hours or Less 3. Lots = Trade Size. = Trade Size Affects the Dollar Value of a PIP Lot Size Dollar Value of a PIP 1K $0.10 (approximately) 2k $0.20 3k $0.30 * The FXCM Trading Station Automatically Calculates the Dollar Value the moment you select your lot size. * When you have an open position, the FXCM Trading Station Automatically Calculates the Dollar Value in Real Time. 4. Volume Guide = Follow This Guide When Trading Account Balance Max Lot Size $300 - $999 10K $1,000 - $1,999 20K $2,000 - $2,999 30K $3,000 - $3,999 40K $4,000 - $4,999 50K $5,000 - $5,999 60K Etc. Placing Market Orders = Trade at current Market Prices

4 3 How To Consistently Make $900 - $9,000 in 48 Hours or Less Long = Click on Buy Ex. Long EUR/USD Click on Buy Short = Click on Sell Ex. Short EUR/USD Click on Sell Placing Stops and Limits After Placing the Order. Look at the Open Positions Tab:

5 4 How To Consistently Make $900 - $9,000 in 48 Hours or Less Click on the blank space under the Stop heading. A Dialog box like the one below will appear: Make Sure the Stop and Limit Buttons are checked. Make Sure the In Pips boxes are checked for both Stop and Limit Once In Pips have been checked, enter the Pips in the rate boxes. Stops should be negative Pips, while limits are positive Pips. Once Done, Click Ok. The complete order will look like this: You Are Done! Now You Wait and See If You Made Money (Or Lost Money) Let s Begin Analysing As A Group!

6 5 How To Consistently Make $900 - $9,000 in 48 Hours or Less Analysis Activity Sheet

7 6 How To Consistently Make $900 - $9,000 in 48 Hours or Less Technical Forecasts for The Rest of June 2013: EUR = USD = CHF = GBP = JPY = AUD = NZD = CAD = Fundamental Forecasts Activity Per Day: Fundamental Cheat Sheet:

8 7 How To Consistently Make $900 - $9,000 in 48 Hours or Less Fundamental Key Words: GDP Inflation Monetary Policy Employment Unemployment Non-Farm Payrolls ADP Payrolls Manufacturing Retail Sales Production Current Account Trade Balance GDP Consumer Sentiment Government Spending Private Investments Durable goods Factory Orders Etc. Price CPI (Consumer Price Index) Inflation HPI (Home Price Index) Etc. Interest Rates FOMC Minutes Press Conferences Asset Purchase Programs Etc.

9 8 How To Consistently Make $900 - $9,000 in 48 Hours or Less Fundamental Deconstruction: EUR = USD = CHF = GBP = JPY = AUD = NZD = CAD =

10 9 How To Consistently Make $900 - $9,000 in 48 Hours or Less Using Mark So s Unlitrader Software: Go to Login with the Username and Password That Will Be Given To You Once Logged in, You Will See The Following: After 4 Easy Steps, the Software Will Tell You What To Trade. Place Orders Based On What You Can Afford. You Are Done!