Intro to Forex and Futures
|
|
- Vivian Dorsey
- 7 years ago
- Views:
Transcription
1 Intro to Forex and Futures 1
2 Forex Trading Forex is a term meaning foreign exchange, and refers to trading the currency of one country against the currency from another country simultaneously. Over $1.4 trillion US dollars is traded in the foreign exchange market each day, and over the course of the last 30 years, this market has become the world's largest financial market. The daily volume of NYSE, in contrast, averages just $25 billion a day. Trading is carried out over-the-counter, 24 hours daily except over the weekends, as there is no existence of physically located central exchange. It is only recently that Forex market trading became acceptable for the average trader. The requirements of excessive minimum transaction sizes and frequently demanding financial qualifications limited main participants to banks, hedge funds, large currency dealers and sometimes the high net-worth individual. These big traders were able to enjoy the abundant advantages that the Forex market provides, such as tremendous liquidity and the powerful trending tendency of the globe's major currency exchange rates. The investor or trader is seeking to buy or sell one currency in favor of another with the idea of gaining a profit when the value of the currencies moves favorably for the investor, whether because of market news or worldwide current events taking place at the time of the trade. Ninety-five percent of the volume is trading or speculation. The additional 5% of the everyday volume includes governments and commercial businesses changing one currency into another one when purchasing and marketing goods and services. 2
3 The currencies that are traded most often are called the Majors. These include: US Dollar (USD) Japanese Yen (JPY) Euro (EUR) British Pound (GBP) Canadian Dollar (CAD) Australian Dollar (AUD) Swiss Franc (CHF) When traded in pairs, the most common pairs are: US Dollar and the Japanese Yen (USD/JPY) Euro and US Dollar (EUR/USD) US Dollar and Swiss Franc (USD/CHF) In this market, it is possible to purchase or sell currencies. The goal is to win some money from your position. Making a trade using a foreign exchange market is easy: The mechanism of the trade is actually the same as those in various markets, so it is easy for a lot of traders to make the transition. Understanding Forex Quotes If you are unfamiliar with trading, understanding a foreign exchange quote may seem a bit confusing. However, it becomes quite simple if you remember two things: 1. The first currency listed is the base currency. 2. The value of the base currency is always 1. When looking at price charts you will often see a two-sided quote, consisting of a bid' and ask'. The bid' is the price at which you can sell the base currency while 3
4 simultaneously buying the counter currency. The ask' is the price at which you can buy the base currency and sell the counter currency. The US dollar is the current world currency and is generally the base currency for quotes. For example, a quote of USD/JPY means that one US dollar is equal to Japanese Yen. When the US Dollar is the base currency and the quote goes up, it means the dollar has appreciated in value and the other currency has weakened. If the USD/JPY quote increases to , the dollar has become stronger because it will now buy more yen than before. There are three common exceptions to this rule where the USD is not the base currency. These common currency pairs include the British Pound (GBP), the Australian Dollar (AUD), and the Euro (EUR). In these cases, you might see a quote such as GBP/USD In these three currency pairs, where the US Dollar is not the base currency, a rising quote means the dollar has weakened, in other words it now takes more US Dollars to equal one pound, Euro, or Australian Dollar. Cross currencies are defined as currency pairs that do not involve the US dollar. For example, a quote of EUR/JPY signifies that one Euro is equal to Japanese Yen. Let's review a sample trade: Forex trades are always done between two currency pairs of different countries. In this example we will look at the EUR/USD. 4
5 Name Bid Ask High Low EUR/USD If we decide to trade the EUR/USD currency pair, we note that the ask price, or the price at which the broker is willing to sell the EUR for is In this example that means we can buy the base currency EUR for $ The bid price, or the price at which the broker is willing to buy the EUR, is listed as In this example that means we can sell the base currency EUR for $ Traditionally, all trades were done in standard lots or 100,000 units, so to trade 100,000 units you would theoretically have to have $119,030 to purchase one standard lot of 100,000 Euros. For most traders, that is an enormous amount of money. For a long time, investors have sought the ability to trade with leverage or control much more shares than can be bought at the standard market price. To accommodate this need, Forex brokers 'loan' an investor typically up to 90% or more so that this leverage can be exercised. It isn't technically a loan. The 10% or whatever is actually invested is regarded, in the industry and in law, as a 'good faith deposit'. The investor is legally responsible for the other 90% or more. This is very important to understand, but it's very rare that most investors will hold positions long enough whereby payment of this leveraged capital is actually mandated. If however, the price moves in an unfavorable direction for the investor by a large enough amount, the broker will liquidate the position and the investor will have to cover his or her loss. It's important to realize this! A good broker will usually give the client a call and give the option to input enough fresh cash to cover the shortfall. 5
6 In highly volatile markets, currency prices can change by significant amounts very quickly so be prepared and monitor your trades. In the example above, the EUR/USD is /03. This is another way of illustrating that the bid price is and the ask price is If you trade this currency pair at 1:10 (10%) leverage and buy one standard lot (100,000 units) of the EUR, you would be required to have 10% of $119,030, or $11, in your account. Let s assume that the price moves favorably in your position and we decide to capture the profit potential of the trade. If the market moves to EUR/USD /09 and you decide to sell the Euro at that point, the sale will occur at the bid price. In this case your profit would be $119,070 - $119,030 = $40. That doesn't sound like much, but observe two things. First, the initial investment was only $11,903.00, and 10% of $119,070 = $11,907.00, only a $4 difference. But the actual profit that was achieved was10 times that at $40. This is the benefit of trading leveraged investments. However, it must also be noted that this same leverage can and will work against you if the trade moves in an unfavorable direction. Second, price changes of a few pips can occur rapidly in the Forex market. For the leveraged trader who wants to take advantage of these rapid moves in price, large amounts of capital can be made (or lost) very quickly. It is interesting to note that there are no formal commissions exercised in the Forex markets, instead brokers make their money off the difference in the currency spread 6
7 or the difference between the ask and bid. This is an important consideration when trading Forex as these spreads must be considered as a tangible cost to trading the Forex markets. The National Futures Association (NFA) has prepared a complimentary online training guide entitled Forex Online Learning Program ; you can view this slideshow tutorial by visiting: 7
8 Futures Trading A futures contract is a commitment to buy or sell a commodity on or prior to a specified future date, at a consensual price today. Financial instruments and stock indexes are good examples of commodities along with the traditional examples like corn and silver. Futures have the benefit that trading contracts between buyer and seller are provided with an organized, regulated exchange. Of the many benefits possible from exchange-traded futures, perhaps the most important is managing and reducing the price risk of commodities and financial instruments. A clear example would be a tortilla maker worried about a price spike in corn who could protect himself by buying a futures contract in corn to hedge his risk. Not all futures contracts stipulate that a product be delivered; some state that cash be used to finalize the transaction. Generally speaking, an obligation to purchase or sell is counter-balanced by liquidation of the position. For instance, if you purchase one contract of S&P500 e-mini, all you have to do to liquidate the position is to sell one contract of S&P500 e-mini. The amount of a trade's gain or loss is calculated by subtracting the purchase from the selling amount, minus transaction expenses. A profit or loss from a futures deal is determined each day and is indicated on the nightly trading statement. This is called daily cash settlement. The National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC) are responsible for overseeing US futures trading. Stationed in Washington, DC, the CFTC is an independent federal agency that supports and enforces laws associated with the Commodity Exchange Act and oversees industry self-governing organizations. The NFA, with its main office located in Chicago, is a self-regulated business with operations that consist of industry professional registration, including auditing and arbitration. 8
9 Margin and Risk Margin, in the market of futures trading, refers to the minimum required deposit that your brokerage can use, on a daily basis, to resolve losses that may arise. The two concepts that are important to know are initial and maintenance margin. The exchange decides the amounts for these figures, and they can go up or down based on market activity. And so, frequently a reason to raise margins is an increase in the volatility of the market, and the daily price movement range. Initial margin is the minimum fund your account must possess for every futures contract to be bought, sold, and kept overnight. The minimum margin requirement for the S&P500 e-mini contract is currently at $5000, which is the amount you must have in your account in order to keep the position overnight. Overnight, in this situation, is defined at the end of the day in the market (3:15pm Central Time for the S&P500 e-mini). After you have held a position for a day, the stock exchange reduces the margin requirement to permit for changes in market movement. This latest margin level is referred to by the term 'maintenance margin'. Once the value of your account drops under the margin requirement, you are required to add more funds to bring the balance over the specified level. It is important to understand the rules imposed by your brokerage firm before you begin trading, as they will be able to liquidate your positions at the current market price if necessary. The National Futures Association (NFA) has prepared an online tutorial program entitled An Online Learning Guide to Trading Futures which you can find in the course index. 9
10 U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Forex, Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. Substantial risk is involved. Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Don't trade with money you can't afford to lose. Nothing in our course or website shall be deemed a solicitation or an offer to Buy/sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of futures results. Trading involves high risks and you can lose a lot of money. 10
The purpose of this ebook is to introduce newcomers to the forex marketplace and CMTRADING. Remember that trading in forex is inherently risky, and
The purpose of this ebook is to introduce newcomers to the forex marketplace and CMTRADING. Remember that trading in forex is inherently risky, and you can lose money as well as make money. Manage your
More informationIntroduction to Forex Trading
Introduction to Forex Trading The Leader in Rule-Based Trading 1 Important Information and Disclaimer: TradeStation Securities, Inc. seeks to serve institutional and active traders. Please be advised that
More informationAN INTRODUCTION TO TRADING CURRENCIES
The ins and outs of trading currencies AN INTRODUCTION TO TRADING CURRENCIES A FOREX.com educational guide K$ $ kr HK$ $ FOREX.com is a trading name of GAIN Capital - FOREX.com Canada Limited is a member
More informationINTRODUCTION. This program should serve as just one element of your due diligence.
FOREX ONLINE LEARNING PROGRAM INTRODUCTION Welcome to our Forex Online Learning Program. We ve always believed that one of the best ways to protect investors is to provide them with the materials they
More informationChapter 1.2. Currencies Come in Pairs
Chapter 1.2 Currencies Come in Pairs 0 GETTING STARTED You know the advantages of trading forex, and you are excited to start trading. Now you need to learn what this market is all about. How does it work?
More informationThe foreign exchange market is global, and it is conducted over-the-counter (OTC)
FOREIGN EXCHANGE BASICS TERMS USED IN FOREX TRADING: The foreign exchange market is global, and it is conducted over-the-counter (OTC) through the use of electronic trading platforms, or by telephone through
More informationSPOT FX Trading Strategies. Copyright Powerup Capital Sdn Bhd
SPOT FX Trading Strategies Currency Codes USD = US Dollar EUR = Euro JPY = Japanese Yen GBP = Great Britian Pound CHF = Swiss Franc CAD = Canadian Dollar AUD = Australian Dollar NZD = New Zealand Dollar
More informationThe World s Elite Trading School. The Trusted Source for Online Investing and Day Trading Education Since 1994. What is a Forex?
What is a Forex? Forex is the market where one currency is traded for another Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there
More informationIntroduction to Forex Trading
Introduction to Forex Trading The Leader in Rule-Based Trading 1 Important Information and Disclaimer: TradeStation Securities, Inc. seeks to serve institutional and active traders. Please be advised that
More informationwww.easyforexpips.com
www.easyforexpips.com What is Forex? Forex simple means FOReign EXchange, If you've ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange
More informationChapter 1.2. Currencies Come in Pairs
Chapter 1.2 Currencies Come in Pairs 0 GETTING STARTED You know the advantages of trading forex, and you are excited to start trading. Now you need to learn what this market is all about. How does it work?
More informationLearn to Trade FOREX II
Lesson 1 The Forex Market The Foreign Exchange market, also referred to as the "FX market" or "Spot FX", is the largest financial market in the world with daily average turnover of US$1.9 trillion. Unlike
More informationFxPro Education. Introduction to FX markets
FxPro Education Within any economy, consumers and businesses use currency as a medium of exchange. In the UK, pound sterling is the national currency, while in the United States it is the US dollar. Modern
More informationGetting Started With Forex Trading: A Forex Primer. Member NASD, NYSE, SIPC, and NFA
Getting Started With Forex Trading: A Forex Primer Member NASD, NYSE, SIPC, and NFA 1 Important Information and Disclaimer: TradeStation Securities, Inc. seeks to serve institutional and active traders.
More informationFOREX Markets & Trading Currencies
FOREX Markets & Trading Currencies Updates Tonight: FOREX & Demonstra1on of thinkorswim pla9orm Next Week: Stock & Op*ons Trading 101 on March 3 rd Execu1ve Board Applica1ons out now Apply for COO & CMO
More informationINTRODUCTION TO FOREIGN EXCHANGE
INTRODUCTION TO FOREIGN EXCHANGE Capademy Tutorial Series Option Banque Training Series Vol. 1 The foreign exchange market known as forex for short is the market in which currencies or sovereign money
More informationChapter 1.1. The Forex Market
Chapter 1.1 The Forex Market 0 THE FOREX MARKET The Forex market is the largest financial market in the world. Nearly $3.2 trillion worth of foreign currencies trade back and forth across the Forex market
More informationWhat Investors Need to Know
Trading in the Retail Off-Exchange Foreign Currency Market: National Futures Association 300 South Riverside Plaza, Suite 1800 Chicago, Illinois 60606-6615 800-621-3570 www.nfa.futures.org What Investors
More informationNEW TO FOREX? FOREIGN EXCHANGE RATE SYSTEMS There are basically two types of exchange rate systems:
NEW TO FOREX? WHAT IS FOREIGN EXCHANGE Foreign Exchange (FX or Forex) is one of the largest and most liquid financial markets in the world. According to the authoritative Triennial Central Bank Survey
More informationForex Basics brought to you by MatrasPlatform.com
Forex Basics brought to you by MatrasPlatform.com Table of Content What is FOREX... 3 FOREX Basics... 4 Trading Hours... 4 What Is Traded on FOREX?... 4 The Six Majors... 4 Currency Pair Distribution...
More informationChapter 1.1. The Forex Market
Chapter 1.1 The Forex Market 0 THE FOREX MARKET The Forex market is the largest financial market in the world. Nearly $3.2 trillion worth of foreign currencies trade back and forth across the Forex market
More informationChapter 1.1. The Forex Market
Chapter 1.1 The Forex Market 0 THE FOREX MARKET The Forex market is the largest financial market in the world. Nearly $3.2 trillion worth of foreign currencies trade back and forth across the Forex market
More informationFirststrike (1997 through 2007--no compounding)
Firststrike (1997 through 2007--no compounding) --------------Rules for FIRSTSTRIKE ------------- On Monday morning @ 01:00 EST (00:00 Central Standard Time) note the opening price for GBP/USD. This will
More informationAN INTRODUCTION TO THE FOREIGN EXCHANGE MARKET
DUKASCOPY BANK SA AN INTRODUCTION TO THE FOREIGN EXCHANGE MARKET DUKASCOPY BANK EDUCATIONAL GUIDE AN INTRODUCTION TO THE FOREIGN EXCHANGE MARKET www.dukascopy.com CONTENTS INTRODUCTION TO FOREX CURRENCY
More informationTrading forex is buying one currency while at the same time selling a different currency.
F O R E I G N E X C H A N G E B A S I C S T E R M S U S E D I N F O R E X T R A D I N G The foreign exchange market is global, and it is conducted over-the-counter (OTC) through the use of electronic trading
More informationWhat is Forex Trading?
What is Forex Trading? Foreign exchange, commonly known as Forex or FX, is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world
More informationTHE 10 IDEAS BEHIND FOREX TRADING
ForeMart THINK BIG. TRADE FOREX FOREX MARKET: THE 10 IDEAS BEHIND FOREX TRADING The 10 IDEAS Behind Fore Trading Risk Warning Foreign echange is highly speculative and comple in nature, and may not be
More informationCarry Trade Explained What Is the Carry Trade?
I The Forex Trading Formula Carry Trade Triad Trading Formula - The Introduction Carry Trade Carry Trade Explained What Is the Carry Trade? The carry trade is a trading strategy in which you simultaneously
More informationAUTOMATED CURRENCY TRADING
AUTOMATED CURRENCY TRADING The objective, automated and time efficient way how to diversify your investment activity fully under own control. 1 AlgoFxSolution.com INTRODUCTION We are a technology company
More informationTrading Forex. What Investors Need to Know
Trading Forex What Investors Need to Know National Futures Association is a congressionally authorized self-regulatory organization of the United States futures industry. Its mission is to provide innovative
More informationChapter 1.1. The Forex Market
Chapter 1.1 The Forex Market 0 THE FOREX MARKET The Forex market is the largest financial market in the world. Nearly $3.2 trillion worth of foreign currencies trade back and forth across the Forex market
More informationMaverick FX Trading. Forex 101 Session #2 Forex Market Basics
Maverick FX Trading Forex 101 Session #2 Forex Market Basics Session #1 Review How the currency market works Pairs Trading Building a Trading Plan Session #2 Schedule Understanding PIPs Margin, Margin
More informationCurrency Derivatives Guide
Currency Derivatives Guide What are Futures? In finance, a futures contract (futures) is a standardised contract between two parties to buy or sell a specified asset of standardised quantity and quality
More informationLET S GET TO KNOW FOREX
LET S GET TO KNOW FOREX AN INTRODUCTION TO TRADING CURRENCIES A FOREX.COM EDUCATIONAL GUIDE LET S GET TO KNOW FOREX AN INTRODUCTION TO TRADING CURRENCIES 4 INTRODUCTION: THE BULLS & THE BEARS 6 WHAT IS
More informationGuide to Online Forex Trading
Start Trading and Making Money in Forex WebTrader and MetaTrader If this is your first time coming across the online Forex market, then you have come to the right place! This guide will provide you with
More informationEvolution of Forex the Active Trader s Market
Evolution of Forex the Active Trader s Market The practice of trading currencies online has increased threefold from 2002 to 2005, and the growth curve is expected to continue. Forex, an abbreviation for
More informationSession #1 Building a Trading Plan
Session #1 Building a Trading Plan Legal Disclosure Trading Currencies may involve high risk and, potentially, the loss of any funds invested. Investment information provided may not be appropriate for
More informationKE Forex Product Term Sheet
KE Forex Product Term Sheet ** Please note that Page 1-5 is for your reference, and only Page 7 is required to be completed and returned. What is leveraged trading in Forex (Foreign Exchange) Contracts?
More information3 articles from the Forbes Website
3 articles from the Forbes Website 1) Common Questions About Currency Trading by Boris Schlossberg Although forex is the largest financial market in the world, it is relatively unfamiliar terrain to retail
More informationA FOREX MARKET OVERVIEW
01 CONTENTS Disclaimer Introduction Recent Forex Market History Composition of the Forex market How Currencies Trade on the Forex market Valuation of Currencies Fundamental Analysis Technical Analysis
More informationThe Foreign Exchange Markets COPYRIGHTED MATERIAL
1Part The Foreign Exchange Markets COPYRIGHTED MATERIAL 1Chapter The FOREX Landscape Introduction What Is FOREX? Foreign exchange is the simultaneous buying of one currency and selling of another. Currencies
More informationChapter 4.1. Intermarket Relationships
1 Chapter 4.1 Intermarket Relationships 0 Contents INTERMARKET RELATIONSHIPS The forex market is the largest global financial market. While no other financial market can compare to the size of the forex
More informationGETTING STARTED IN FOREX GLOBAL GETTING STARTED IN FOREX 1
GETTING STARTED IN FOREX GLOBAL GETTING STARTED IN FOREX 1 TABLE OF CONTENTS Foreword Why Forex? Mechanics of Forex Trading Cash Flow in Trading Margin and Leverage Technical Analysis Fundamental Analysis
More informationFX Options NASDAQ OMX
FX Options OPTIONS DISCLOSURE For the sake of simplicity, the examples that follow do not take into consideration commissions and other transaction fees, tax considerations, or margin requirements, which
More informationCM-Equity AG. General Information and Risk Disclosure for Foreign Exchange (Forex) Transactions ( General Information and Risk Disclosure )
CM-Equity AG General Information and Risk Disclosure for Foreign Exchange (Forex) Transactions ( General Information and Risk Disclosure ) Contents I. General Informations regarding Foreign Exchange (Forex)...
More informationThis Is Not A Free Ebook
By Mark McRae www.surefire-forex-trading.com This Is Not A Free Ebook Copyright Mark McRae and www.surefire-forex-trading.com Reproduction or translation of any part of this work by any means, electronic
More informationIntroduction to the Forex Market
Introduction to the Forex Market The Foreign Exchange market, also referred to as the "Forex" or "FX" market is the largest financial market in the world, with a daily average turnover of US$1.9 trillion.
More informationGeneral Risk Disclosure
General Risk Disclosure Colmex Pro Ltd (hereinafter called the Company ) is an Investment Firm regulated by the Cyprus Securities and Exchange Commission (license number 123/10). This notice is provided
More informationMaverick FX Trading. Forex 101 Session #4 Preparation for Demo Trading
Maverick FX Trading Forex 101 Session #4 Preparation for Demo Trading Session #3 Review Time frames Relative Strength/Weakness Determine Strong/Weak News Events Correlations Session #4 Schedule Demo Account
More informationHedge Hog Trade Rules
Hedge Hog Trade Rules Using Inverse correlation to decrease market exposure By: www.forextradersdaily.com Incomplete Draft Copy If you are reading this please note that the system is still in testing and
More informationTOPFX. General Questions: FAQ. 1. Is TOPFX regulated?
General Questions: 1. Is TOPFX regulated? TOPFX has been a regulated broker since April 2011, when it was granted a license by the Cyprus Securities and Exchange Commission (http://www.cysec.gov.cy/en-
More information1. HOW DOES FOREIGN EXCHANGE TRADING WORK?
XV. Important additional information on forex transactions / risks associated with foreign exchange transactions (also in the context of forward exchange transactions) The following information is given
More informationis held and maintained at GAIN Capital who serves as the clearing agent and counterparty to your trades. GAIN Capital is a
Last updated July 2, 2015 FOREX RISK DISCLOSURE STATEMENT Forex trading involves significant risk of loss and is not suitable for all investors. Increasing leverage increases risk. Before deciding to trade
More informationTHE XFOREX. Mini E-book Guide for Forex Beginners. Currency Trading. Guide
THE XFOREX Mini E-book Guide for Forex Beginners Currency Trading Guide XForex has prepared for you an exclusive sneak peek into our E-book. The Mini E- book is designed to provide you with an overall
More informationTRADING CURRENCIES. OhMyGeorge! Gamers Make The Best Traders! www.ohmygeorge.com
TRADING CURRENCIES 101 OhMyGeorge! Gamers Make The Best Traders! 1 CONTENT PART 1 What is currencies trading? p.3 PART 2 Reading a currency quote p.6 PART 3 How to get started? p.10 PART 4 Forex trading
More informationActTrader Forex Trading Guide
ActTrader Forex Trading Guide If this is your first time coming across the online Forex market, then you have come to the right place! This guide will provide you with the basic knowledge, tools and techniques
More informationPhoenix from the ashes of destruction comes the birth of distinction
Phoenix from the ashes of destruction comes the birth of distinction users manual Phoenix trading software is a product of The Forex-Assistant What is Phoenix? In 2008 The Forex-Assistant released a new
More informationChapter 1: Chapter 2: Chapter 3: Chapter 4: Chapter 5: Chapter 6: OPENING THE GATES OF FOREX CURRENCY, THE MAIN TRADED INSTRUMENT
Chapter 1: OPENING THE GATES OF FOREX Chapter 2: CURRENCY, THE MAIN TRADED INSTRUMENT Chapter 3: WELCOME TO THE UNPREDICTABLE WORLD OF TRADING Chapter 4: TOOLS NECESSARY TO PREDICT THE MARKET Chapter 5:
More informationOPTIONS EDUCATION GLOBAL
OPTIONS EDUCATION GLOBAL TABLE OF CONTENTS Introduction What are FX Options? Trading 101 ITM, ATM and OTM Options Trading Strategies Glossary Contact Information 3 5 6 8 9 10 16 HIGH RISK WARNING: Before
More informationThe Currency Cross Trader
A Publication of The Sovereign Society The Currency Cross Trader Quick Start Guide The Sovereign Society 55 N.E. 5th Avenue, Suite 200 Delray Beach, FL 33283 USA USA Toll Free Tel: (888) 358-8125 Contact:
More informationFOREX FOR BEGINNERS. www.mundomarkets.com
FOREX FOR BEGINNERS CONTENT 01. 02. 03. 04. What is forex market and how it works? Forex market (page 2) Liquidity providers (page 3) Why acquiring knowledge is important in the forex market? Experience
More informationForex Pair Performance Strength Score
Issue 50 Wednesday, September 11, 2013 Forex Pair Performance Strength Score Michael Burke Vice-president of Client Training and Education TSLabs@TradeStation.com Features Studies/Files Included: Focus:
More informationBrokerage/ E-trading. www.company.com
Brokerage/ E-trading OSYS & World Best Voted Trading Platform OFFER: Cyprus Company Set Up & Brokerage Account To: Trade Tax Free on International Markets Act as Director of the Company and Repatriate
More informationNo duplication of transmission of the material included within except with express written permission from the author.
Copyright Option Genius LLC. All Rights Reserved No duplication of transmission of the material included within except with express written permission from the author. Be advised that all information is
More informationCURRENCY TRADER. Currency Trading. Introduction to currency futures. What are currency futures?
Introduction to currency futures The South African Rand is one of the most volatile currencies in the world; it can exhibit moves of greater than 0.20c in a single day of trading versus the US dollar.
More informationQuick and Easy Forex Trading
Quick and Easy Forex Trading Legal Notice The author has striven to be as accurate and complete as possible in the creation of this publication but it is a statement of personal experience and opinion
More informationForex Trading Guide & Tutorial For Beginner
Forex Trading Guide & Tutorial For Beginner Copyright FCMarket.com Website : http://www.fcmarket.com Email : info@fcmarket.com WARNING : You may not modify, copy, distribute, display, reproduce, publish,
More informationMASTER THE MARKET IN 10 MINUTES
MASTER THE MARKET IN 10 MINUTES HIGH RISK INVESTMENT WARNING Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable
More informationFOREX. made easy. UNDERSTANDING THE BASICS. An educational tool by Blackwell Global.
FOREX made easy UNDERSTANDING THE BASICS. An educational tool by Blackwell Global. Risk Warning: Forex and CFDs are leveraged products and you may lose your initial deposit as well as substantial amounts
More informationFX Growth Manager Manual
FX Growth Manager Manual Need Help? support@fxgrowthmanager.com U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures, Currency and Options trading has large potential rewards,
More informationhttp://www.forexoverdrive.com FOREX OVERDRIVE YOUR GUIDE TO RESIDUAL FOREX INCOME Forex Overdrive
Forex Overdrive Step 1: Open A Forex Account After purchasing and downloading Forex Overdrive your next step is to open a forex trading account if you don t already have a brokerage account that offers
More informationIntroduction to Foreign Currency Exchange
Introduction to Foreign Currency Exchange Introduction to Foreign Currency Exchange In the most basic of terms, currency exchange (also known as foreign exchange, forex or FX) is where you swap one currency
More informationSession #3 Finding Relative Strength/Weakness
Session #3 Finding Relative Strength/Weakness Legal Disclosure Trading Currencies may involve high risk and, potentially, the loss of any funds invested. Investment information provided may not be appropriate
More informationMICHAEL HODGES AND BRETT COOPER
WHY COPY TRADE FOREX MICHAEL HODGES AND BRETT COOPER WHAT IS FOREX COPY TRADING Forex copy trading is a relatively new way of trading currency. It takes a lot of the risk and hassle out of trading and
More informationThe Forex Profit System :
The Forex Profit System : How to Earn $50 to $500 a day Forex Trading from the Comfort of Your Own Home! OVERVIEW Dear Friend, Thanks for your interest in my Forex Profit System. The Forex Profit System
More informationWelcome to FOREX e-book
Welcome to FOREX e-book Table of Contents 1. About BRAND... 2 2. Trading Platforms... 3 3. What is Traded in the Forex Market?... 4 4. What is Forex?... 4 5. Advantages of the Forex Market... 5 6. How
More informationChapter 4 - The Foreign Exchange Market. Functions of the FX Market
Chapter 4 - The Foreign Exchange Market Market Structure and Roles Volume and distribution by Country, Currencies Who trades with Whom Introduction to different kinds of Foreign Exchange contracts Spot,
More informationBroker Arbitrage Manual
Broker Arbitrage Manual Questions? support@brokerarbitrage.com U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures, Currency and Options trading has large potential rewards,
More informationAnswers to Concepts in Review
Answers to Concepts in Review 1. Puts and calls are negotiable options issued in bearer form that allow the holder to sell (put) or buy (call) a stipulated amount of a specific security/financial asset,
More informationTRADING FOREX ON SAXOTRADER PLATFORM
Saxo Bank A/S Headquarters Philip Heymans Allé 15 DK - 2900 Hellerup, Denmark Phone: +45 3977 4000 Fax: +45 3977 4200 Web: www.saxobank.com TRADING FOREX ON SAXOTRADER PLATFORM How to trade in FOREX through
More informationForex Success Formula
Forex Success Formula WWW.ForexSuccessFormula.COM Complimentary Report!! Copyright Protected www.forexsuccessformula.com - 1 - Limits of liability/disclaimer of Warranty The author and publishers of this
More informationAn Introduction to Nadex
An Introduction to Nadex AN INTODUCTION TO NADEX MULTIPLY YOUR TRADING OPPORTUNITIES, LIMIT YOUR RISK Discover a product set that: Allows you to trade in very small size (risking no more than a few dollars)
More informationTrading the E-Micro Currency Futures Contracts
August 2011 NEW OPPORTUNITIES Trading the E-Micro Currency Futures Contracts Currency traders now have the ability to trade in a regulated and Exchange-listed Forex-Futures market via Forex E-micro futures.
More informationDEALING HANDBOOK FOR FX TRADERS
DEALING HANDBOOK FOR FX TRADERS ONLINE TRADING Trading on the QuestradeFX platforms is available 24hrs a day from 5pm ET Sundays through 5pm ET Fridays. Clients have the ability to execute trades directly
More informationFX Domain Kick-start for Testers
FX Domain Kick-start for Testers A brief introduction to key FX elements. Discussion Document by Mark Crowther, Principle Test Architect Tien Hua, Senior Test Analyst Table of Contents Introduction...
More informationPlus500AU Pty Ltd. Product Disclosure Statement
Plus500AU Pty Ltd Product Disclosure Statement Product Disclosure Statement Our Contact Details Issuer: PLUS500AU Pty Ltd ACN 153 301 681 Address: Level 19, 1 O Connell Street Sydney NSW 2000 Australia
More informationRISK DISCLOSURE STATEMENT FOR FOREX TRADING AND IB MULTI- CURRENCY ACCOUNTS
RISK DISCLOSURE STATEMENT FOR FOREX TRADING AND IB MULTI- CURRENCY ACCOUNTS Rules of the U.S. National Futures Association ("NFA") require Interactive Brokers ("IB") to provide you with the following Risk
More informationForeign Exchange Trading Managers
Foreign Exchange Trading Managers Quantum Leap Capital (abbreviated as QLC ) is a Forex Trading Manager which focuses on trading worldwide foreign currencies on behalf of institutions, corporates and individual
More informationUnderstanding Forex Trading
Forex Trading Contents Understanding Forex Trading... 3 Which Forex Currencies Should You Trade?... 3 Multiple Forex Time Frames Is Best... 4 3 Forex Pairs For Beginner Forex Traders... 5 Choosing a Forex
More informationAn Introduction to Forex Trading
An Introduction to Forex Trading Forex Forex is the fancy abbreviation for the Foreign Exchange, or Currency Market. This is where people and organizations go to buy and sell one country s currency in
More informationLET S GET TO KNOW FOREX
LET S GET TO KNOW FOREX Introduction Whether you re a power trader or a financial newbie, you re likely to hear just about anything market movements, outlooks and stocks being described as bullish or bearish.
More informationForeign Exchange Market INTERNATIONAL FINANCE. Function and Structure of FX Market. Market Characteristics. Market Attributes. Trading in Markets
Foreign Exchange Market INTERNATIONAL FINANCE Chapter 5 Encompasses: Conversion of purchasing power across currencies Bank deposits of foreign currency Credit denominated in foreign currency Foreign trade
More informationCommSeC CFDS: IntroDuCtIon to FX
CommSec CFDs: Introduction to FX Important Information This brochure has been prepared without taking account of the objectives, financial and taxation situation or needs of any particular individual.
More informationOPENING RANGE BREAKOUT (ORB- Advanced)
OPENING RANGE BREAKOUT (ORB- Advanced) Weekly volatility breakout strategy. On Monday morning check the London opening price, 08.00 GMT. The difference between this weekly ORB Basic and this ORB Advanced
More informationTHIS IS THE TRADING METHOD FOR THE STEALTH FOREX TRADING SYSTEM V10
THIS IS THE TRADING METHOD FOR THE STEALTH FOREX TRADING SYSTEM V10 YOU SHOULD HAVE ALREADY READ AND APPLIED THE INFORMATION IN THE SET-UP DOCUMENT. IF YOU HAVE NOT ALREADY DONE SO - PLEASE COMPLETE SET
More informationMechanics of Foreign Exchange - money movement around the world and how different currencies will affect your profit
Dear Business Leader, Welcome to the Business Insight Seminars an exclusive, informational series to help you gain a powerful edge in today s highly competitive business environment. Our first topic in
More informationForex Trading Strategies: One way to trade the Non Farm Payroll report.
Forex Trading Strategies: One way to trade the Non Farm Payroll report. June 3 2011 1 Upshot Trade Signals disclaimer The information provided in this report is for educational purposes only. It is not
More informationThe Markit CDS Converter Guide
The Markit CDS Converter Guide September 21, 2009 Contents Markit CDS Converter... 3 Steps for Use... 3 Interpretation of Results... 4 Email Results... 5 Interest Rate Curve... 5 Comments or Questions...
More informationWhat is FOREX? What is traded on the Foreign Exchange market?
What is FOREX? The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume
More informationProduct Disclosure Statement
Product Disclosure Statement Sumo Forex Limited Level 4, 228 Queen Street, Auckland, 1010, New Zealand Tel: +6498871044 Email: support@sumoforex.com 1. Important Information and Disclaimer 1.1 Financial
More information