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    Forex Trading for Beginners: The Ultimate Forex Trading Strategies to Make Money Today! In This Guide You’ll Learn Forex Day Trading Secrets & How to Make Money Currency Trading!
    Forex Trading for Beginners: The Ultimate Forex Trading Strategies to Make Money Today! In This Guide You’ll Learn Forex Day Trading Secrets & How to Make Money Currency Trading!
    Forex Trading for Beginners: The Ultimate Forex Trading Strategies to Make Money Today! In This Guide You’ll Learn Forex Day Trading Secrets & How to Make Money Currency Trading!
    Ebook116 pages1 hour

    Forex Trading for Beginners: The Ultimate Forex Trading Strategies to Make Money Today! In This Guide You’ll Learn Forex Day Trading Secrets & How to Make Money Currency Trading!

    By Brendon Tracy and Brian Burchard

    ()

    Read preview

    About this ebook

    Have you heard the stories of people making huge returns in Forex trading? Are you worried you're going to lose money? The truth is that for one person to make money, another person has to lose. Once you understand that, you can learn about money management, risk assessment, and position sizing. With the proper skills, you can be the one making money on currency, not losing it. 

    Will you make money when the market opens tomorrow? Once you've mastered the principles in this audiobook, you can feel comfortable knowing your risk has been reduced and that you're in a winning position with your capital safe and sound. No more stress, staring at your screen, trying to master spreadsheets of constant fluctuations, or losing sleep on it. 

    In this guide, you will discover a way of trading Forex that protects your money and helps you make money online with good short-term and long-term returns.

    Take away the risk and the strategies used in this audiobook are a blueprint for success unlike anything you have ever seen or heard of before. You will learn: 

    • Valuable insight into trader psychology
    • It considers compounded average rates of return
    • It calculates exact risk per trade
    • It lowers risk across all asset classes

    Are you ready to be on the winning team? Scroll back up and buy the audiobook now so you can master the Forex skills you need to make money today!

    LanguageEnglish
    PublisherBrendon Tracy
    Release dateJan 26, 2019
    ISBN9781386663041
    Forex Trading for Beginners: The Ultimate Forex Trading Strategies to Make Money Today! In This Guide You’ll Learn Forex Day Trading Secrets & How to Make Money Currency Trading!

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      Book preview

      Forex Trading for Beginners - Brendon Tracy

      @Copyright 2019 by  Brendon Tracy & Brian Burchard

      - All rights reserved.

      The follow ebook is reproduced below with the goal of providing information that is as accurate and reliable as possible. Regardless, purchasing this eBook can be seen as consent to the fact that both the publisher and the author of this ebook are in no way experts on the topics discussed within and that any recommendations or suggestions that are made herein are for entertainment purposes only. Professionals should be consulted as needed prior to undertaking any of the actions endorsed herein.

      This declaration is deemed fair and valid by both the American Bar Association and the Committee of Publishers Association and is legally binding throughout the United States. 

      Furthermore, the transmission, duplication or reproduction of any of the following work including specific information will be considered an illegal act irrespective of whether it is done electronically or in print. This extends to creating a secondary or tertiary copy of the work or a recorded copy and is only allowed with express written consent from the Publisher. All additional rights reserved.

      The information in the following pages is broadly considered to be a truthful and accurate account of facts and as such any inattention, use or misuse of the information in question by the reader will render any resulting actions solely under their purview. There are no scenarios in which the publisher or the original author of this work can be in any fashion deemed liable for any hardship or damages that may befall them after undertaking information described herein. 

      Additionally, the information in the following pages is intended only for informational purposes and should thus be thought of as universal. As befitting its nature, it is presented without assurance regarding its prolonged validity or interim quality. Trademarks that are mentioned are done without written consent and can in no way be considered an endorsement from the trademark holder.

      Table of Contents

      CHAPTER ONE

      BASIC FOREX

      FOREX MARKET

      Good broker

      The benefit in forex trading

      CHAPTER TWO

      CENTRAL BANKS

      CENTRAL BANKS IN THE FOREX MARKET

      CHAPTER THREE

      FUNDAMENTAL AND CHARTS ANALYSIS

      CHAPTER FOUR

      TRADING STRATEGIES

      CHAPTER FIVE

      FOREX PAIRS

      CHAPTE SIX

      FOREX VOCABULAR

      CHAPTER SEVEN

      FOREX INTRADAY TRADING

      Conclusions

      CHAPTER ONE

      BASIC FOREX

      ––––––––

      FOREX MARKET

      What is the primary currency of EUR/USD?

      EUR is the primary currency while the US dollar is the secondary currency.

      When it published bad or negative economic data for the euro, the trader will sell EUR/USD.  It is expected to fall in price.  Beginner traders will learn a lot of forex trading before they start trading. They can be used long or short trading strategy. This book will provide them about forex trading, price movement, selling the news, what pairs traded and why they buy.  This book also recommended trading tools, and trading approaches how to make a profit. It will be helped by the trader to make his/her own decision.  During the weekend forex markets are closed.  They always can trade. It doesn't matter where they live in Australia, Asia, Africa, Europe or America. 

      Good broker

      It depends how active you want to be. Are you being traded by three times a week, or three times a day, or three times a month? It is related to what is the minimum amount to be deposited. A small account and high commissions aren't a right combination.

      The broker should have to provide additional service like advice, profit tax, trading planning and how to execute the trades. It costs you a lot of money. It is full service. If you are online with a broker, it will cost you less money.

      You have chosen three brokers

      The beach broker offers support, fees, and trading platform.

      The maximum rated broker is 100 index points.

      The first broker offers 20 points support, 70 points costs and 10 points platform

      The second broker offer 50 points support, 20 points costs and 30 points platform

      The third broker offers 10 points support, 20 points costs and 70 points platform.

      Ideal broker offer 50 points support, 80 points costs and 80 points cost platform.

      If you’re beginner, you choose broker number two.

      TABLE 1 Brokers rating

      You should open an account with a broker. Brokers can earn through commissions or fees for their services. It exists costs between ask and bid prices. The broker is reliable as far as deposits and withdrawals. When you choose a forex broker, you have to find out where it is the regulatory agencies registered. When opening your account, you will need to fill in the forms in which you need to enter your information such as name, address, city, and state of residence. There are standard forex account, mini account, and micro account.

      The transactions cost calculated in pips. It is called spread. You can compare brokers. You will see that each has a different range on each currency pair. It is preferable to choose one broker that has the smallest scale, to your earnings at each store was higher. Low requirements for margin is the best solution for you. The size of trading with one lot may differ from broker to broker (1,000, 10,000 and 100,000 units). The broker gives you the best charts and technical analysis. It also included automatic execution of your order.

      MT4 a significant segment for each trader. Brokers offer MT4 platform.

      How to download it

      http://www.metatrader4.com/en/download

      download

      Press the button to save

      next step

      Press the button run

      run

      Press the button next

      mt4

      Press the button finish

      finish

      Fill data info

      data

      MT4 open trading platform

      screen

      Set up order

      set up order

      Meta Trader 4 advantages:

      It offered technical analysis, using graphs and Expert Advisors. History is repeating itself. Past price movements will follow. Meta Trader will help users predict future changes in price depending on the mobility market.

      Forex trading is fulfilling any needs. Students have to pay scholarship, books, education, and clothes. Lawyers are ready to invest more money in their own companies. Homemakers want to invest in social security and pension funds. Senior managers and financial analysts are motivated by more money for the family in the future, invest in their children education like scholarship. Fashion designer to travel to Europe and US.

      TABLE 1  TOP 8 CURRENCIES IN THE FOREX MARKETS

      Forex trading should not be gambling. With open forex account, you get access to the trading platform, so that investment skills you can acquire or upgrade at any time from any place. After registration, it has to back on email and send feedback information. Currencies traded against one another in pairs. We buy EUR/USD.  After transaction setting, we can control our capital. For this purpose, it is used take profit account and stop/loss account. Take profit account used to how much we decide to earn money on this transaction. Stop/loss account used to how much we choose to lose money on this transaction. It traded with currency, stocks, index, and commodities. It showed

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