Forex: Trading Strategies & Analysis for Beginners; Learn Market Strategy Basics with this Fundamental Guide
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About this ebook
Successful Forex traders are now earning incredible amounts of money every day thanks to the high liquidity of the Forex market. Start making money with Forex today!
This book contains proven steps and strategies on how you can start trading in the foreign exchange market.
Successful Forex traders are now earning incredible amounts of money every day thanks to the high liquidity of the Forex market. However, there are also stories about people losing a lot of money in a single day. It takes knowledge, skills, and discipline in following the right strategies before you can become successful in this platform.
Written as practical guide for people who want to get a jumpstart in the Forex market world, this ebook can help you learn the basic skills, concepts and strategies needed to become successful in forex trading.
Here Is A Preview Of What You'll Read...
Forex Market 101
Forwards and Futures Markets
Forex Trading Skills
Technical Analysis
Common Indicators
Fundamental Analysis
Trading the News
Top Strategies in Forex Trading
Tricks in Forex Trading
Common Forex Trading Mistakes to Avoid
And much, much more!
Download your copy today!
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Reviews for Forex
77 ratings60 reviews
- Rating: 5 out of 5 stars5/5A short and lucid theoritical insight for begineers. Recommended for the starters.
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Thanks. - Rating: 5 out of 5 stars5/5Good book! I already feel efficient just by reading this book. Amazing book full of empathy
,worthy, honest ,kind easy to read, and most of everything can really help you. I decided to share this book as much as I can, and give some of my time to help others to recover from Any addiction. - Rating: 5 out of 5 stars5/5This is a great way to learn more in this globalized world, you learn about how to handle forex, the guide is complete and you learn a lot in many ways, I highly recommend it guys, it helped me make quick profits, this guide is amazing! I am happy I found it.
- Rating: 5 out of 5 stars5/5Forex: That was an awesome book.one of the best book i have read.i have gone through all the chapters and lessons of this book.
after reading this book my behaviour on thinking process,learning process has been changed and i feel like i know many things,. Trading penny is not for everyone but it is a risk I am willing to take. Thanks for creating this audiobook - Rating: 5 out of 5 stars5/5Successful Forex traders are now earning incredible amounts of money every day thanks to the high liquidity of the Forex market. Start making
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- Rating: 5 out of 5 stars5/5you need a good guide to start trading the Forex, and this ebook is the key to avoid beginner mistakes and climb step by step to an advanced level, personally his "bear" strategies are very effective combined with emotional control suitable you can have good profits.
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Book preview
Forex - Matthew G. Carter
Introduction
I want to thank you and congratulate you for downloading the book, Forex: Trading Strategies & Analysis for Beginners; Learn Market Strategy Basics with this Fundamental Guide
.
This book contains proven steps and strategies on how you can start trading in the foreign exchange market.
Successful Forex traders are now earning incredible amounts of money every day thanks to the high liquidity of the Forex market. However, there are also stories about people losing a lot of money in a single day. It takes knowledge, skills, and discipline in following the right strategies before you can become successful in this platform.
Written as practical guide for people who want to get a jumpstart in the Forex market world, this ebook can help you learn:
Thanks again for downloading this book, I hope you enjoy it!
Chapter 1 - Forex Market 101
The forex market refers to the foreign exchange market that is considered as the most exciting and busiest financial market today. Decades ago, this market was only accessible to financial firms, large companies, millionaires, hedge funds, and central banks. But with technological advances such as electronic banking and the rise of the Internet, anyone can now trade in the forex market.
The fluctuations in the foreign exchange market every day are usually very small. Hundreds of currency pairs are fluctuating less than one per cent daily and that only represent less than one per cent movement in the currency value. Therefore, it is safe to say that this market has less volatility compared to the equities market. Many speculators in the forex market are depending on the availability of large leverage to increase the value of potential fluctuations.
In the retail forex, the leverage can be as high as 250:1, which is regarded as high liquidity but high risk. Moreover, 24/7 trading enables forex brokers to standardize significant leverage to make the movements more lucrative for traders.
The accessibility of high leverage as well as extreme liquidity have driven the evolution of the foreign exchange market and become a viable trading platform even for small traders. It is now possible to trade positions within a few minutes. The price fluctuations in the forex market depend on the objective evaluation of the demand and supply of the currency pair, and could be really difficult to control because of the market size. Even central banks don’t have the power to influence currency prices.
The forex market can become a profitable ground for investors and traders. However, this can only be possible if you really understand the basic concepts that influence the forex market.
My goal in writing this eBook is to help you develop a basic understanding of the forex market before you even start trading in the forex market. In this book, you will also learn the most basic forex trading strategies that are commonly used by successful FX traders. Remember, don’t begin trading without understanding how the market works first, unless you want to learn in the process and