What things do I need to start Forex Trading? You need basic knowledge of web browsing, a good connection of internet and a PC.

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1 Hello! Friends, This is Arif Ahmed and I am going to show you how to trade Forex. I hope you will be able to understand the basic of online Forex trading. Ok, let s start What is Forex? Forex means Foreign Exchange in Bangla we say ( Boideshik Mudra Binimoi). Such as you can buy EUR/USD or Sell EUR/USD or any currency pair you like. Can I start Forex Trading? Yes, you can. What things do I need to start Forex Trading? You need basic knowledge of web browsing, a good connection of internet and a PC. Anything else? Yes, some capital. At least 5 $ to start trading and patience, persistence and practice. ( Bangladesh-a Onekei per month $5000 income korche Apnio Korte Paren Kintu Tar Jonno Aponar Thakte Hobe Dhorjo, Practice, Abong Oviggota.) Mone Rakhben Jibone Apni Kono Kichui Kintu Khub Sohoje Panni. How will I do it online? No problem, you can do it sitting from your home or office you don t need to go outside even! How much can I earn per month? Hmm $10-$2000 at least. (based on your knowledge, experience and techniques). Do I have a chance to lose? Yes, you have. It s a business, man. You have to take profit and lose also. But Forex Trading is very lucrative then other businesses in the world. You can make $1000 per day easily when you get experienced. Ok, I have made profit how will I get my hard earned dollars in Bangladesh? Simple, they will send your dollars in your bank account or your online bank account. Ok, let s go ( Cholun Shuru Kora Jak) At first go to the brokerage house and register with them When you go to the web site you can see it like this. ( Picture-1)

2 (Picture-1) At first, look the website thoroughly. Instaforex is one of the best forex brokers in Asia and many people of our country work here. It has local agents in Bangladesh and their customer support is very good. Now we ll register with it. First click on the button For Beginners --- > Then click Open Demo Account. Just like the picture below. (Picture-2)

3 (Picure-2) After clicking on the button Open Demo Account you can see the page like picture-3 here you ll be given how to open a demo account before opening a real or live account. For opening a Demo Account you have to download the MT4 Trading Terminal. ( MT4 is a Trading software by which you will be able to trade your forex) (MT4 software Er Maddhome Apni Forex Trading Korte Parben Eta Chara Online Forex Trading Kora Jabe Na. Tai Prothome Apnake Eta Download Korte Hobe) Just see the picture-3 below.

4 ( Picture-3) Now click here button as shown with red arrow on above picture. (Uporer Chobite Jkhane Lal Tir Deya Ache Sekhane here -a Click Korun) Now you can see a page like this. (Picture-4) Now click on Download trading terminal Meta Trader 4 as shown in the picture-4 below with green arrow.

5 (Picture-4) After clicking on the button Download trading terminal Meta Trader 4 You ll see a page like picture-5 with a set up dialogue box.

6 (Picture-5) Ok, now click on the button save File as shown on the picture-5 using green arrow above and save the file. After downloading install it. After successful installation MT4 will open and you ll see it like this. Picture-6 below.

7 (Picture-6) Now you have installed MT4 terminal and you can open a Demo Account using it.

8 For opening a Demo account just click on the file menu of MT4 Terminal and select Open an account. See the picture-7 (Picture-7) After clicking on the Open an account button you will see the page like picture-8 Below. In picture-8 you can see that you ll have to give your personal information as required. 1. Write your name in the box given for your name. 2. Select your country( Bangladesh) 3. Select your City if it is Dhaka write Dhaka or other city you live in. 4. Select State if you live in Dhaka Division then write Dhaka if you live in other Division then write the name of that one it may be Khulna, Barishal, Rajashahi, etc. 5. Select your Zip Code that means your postal code. Like 1212, Give your address on the address box. 7. Give your phone or cell phone no. 8. In Account Type box select Standard. 9. In Leverage box select the leverage you want to take 1: Give your In Currency box select USD 12. In Deposit Box select the amount you want to take from the company you want to take for your practice. It may be 5000,

9 13. Click on I agree to subscribe to your news letter. 14. At last click next. (Picture-8) After clicking next button you will be given your Account No. and Password. And you have to log in using the pass and account no. After that you can start trading. OK? Now it s time to trade. At first you have to know how to use the MT4 Terminal. With the help of MT4 Terminal your trade will be conducted so, you must use it properly to make maximum profit from your trade. Anyway, let s trade!! (Cholun Babosa Shuru Kori) Click File menu and then click on log in button like picture-9

10 (Picture-9) Now another Dialogue box will appear in front of you asking your Account no. and Pass word. Give the details and log in to MT4. See the picture-10 below. ( Picture-10)

11 After successful login you can see these options like Balance, Equity, Free margin, Trade and Account History same like the picture-11 (Picture-11) Ok, you have created your demo account and now it s time to start trading. But before start trading you must know some Forex Strategies for your trade success. Now I m going to give you some strategies which will be helpful for profitable trades.

12 Strategy No. 1 Currency Pair: ERU/USD, GBP/USD, USD/CHF, USD/CAD Chart: 1 hour, 4 Hours Indicators: Simple Moving Average (SMA): 9 Simple Moving Average (SMA):100 Rules: Take a Long Position (Buy) when SMA 9 crosses above SMA 100. Take a Short Position (Sell) when SMA 9 crosses below SMA 100.

13 Strategy No. 2 Currency Pair: ERU/USD, GBP/USD, USD/CAD Chart: 1 hour, 4 Hours Indicators: Exponential Moving Average (EMA): 9 Exponential Moving Average (EMA):21 Exponential Moving Average (EMA): 55 Rules: Take a Long Position (Buy) when EMA 9 and EMA 21 crosses above EMA 55. Take a Short Position (Sell) when EMA9 and EMA 21 cross below EMA55.

14 Strategy No. 3 Currency Pair: Any Chart: 1 Hour, 4 Hours, 1 Day Indicators: Relative Strength Index (RSI) Rule: Take a Long Position (Buy) when RSI index is below 30 Points. Take a Short Position (Sell) when RSI index is above 70 Points. If you have any question regarding Forex please fell free to ask me anytime you want. I ll try my best to help you. Cell: With Thanks ---- Arif Ahmed