Forex Trading For Beginners: The Complete Bible to Mastering Forex Trading Strategies - Make Money Day Trading in The Foreign Exchange Market

By John Rosenbaum

The following chapters will discuss all of the steps that you need to know to get started with trading on the forex market. There are a lot of parts that come together when working with your investment strategy. But if you are looking for a way to make some good money with trading in a short amount of time, then working with the forex market is one of the best options for you. This guidebook is going to take some time to explore the forex market and what we are able to do to make it work for our needs.

 

To start this guidebook, we are going to take a look at some of the basics that come with the forex market. We will look to see what forex trading is all about some of the concepts of forex trading, and how to determine if this is the right kind of trading option for you. For exome traders, the forex market is a hard one to get into because it seems so complicated and hard to understand. But there are many benefits to using the forex market, and we will discuss a lot of them inside.

 

Here Is A Preview Of What You'll Learn...

• How to Identify Your Trading Opportunities
• How to Identify Trades
• Swing Trading
• Opening Your Account
• The Types of Market Orders
• Common Forex Trading Strategies
• Hedging Forex
• Position Trading
• Fibonacci Trading

 

And Much Much More..

 

Get Your Copy Right Now!

 

• Language: English
• Publisher: Pebble Media LTD
• Release date: Jul 18, 2020
• ISBN: 9781393795964

Book preview

Forex Trading for Beginners

The Complete Bible to Mastering Forex Trading Strategies – Make Money Day Trading in The Foreign Exchange Market

John Rosenbaum

Copyright 2020 By John Rosenbaum, All rights reserved.

In no way is it legal to reproduce, duplicate, or transmit any part of this document in either electronic means or printed format. Recording of this publication is strictly prohibited and any storage of this document is not allowed unless with written permission from the publisher. All rights reserved.

The information provided herein is stated to be truthful and consistent, in that any liability, in terms of inattention or otherwise, by any usage or abuse of any policies, processes, or directions contained within is the solitary and utter responsibility of the recipient reader. Under no circumstances will any legal responsibility or blame be held against the publisher for any reparation, damages, or monetary loss due to the information herein, either directly or indirectly.

Respective authors own all copyrights not held by the publisher.

The information herein is offered for informational purposes solely and is universal as so. The presentation of the information is without a contract or any type of guarantee assurance.

The trademarks that are used are without any consent, and the publication of the trademark is without permission or backing by the trademark owner. All trademarks and brands within this book are for clarifying purposes only and are owned by the owners themselves, not affiliated with this document.

Table of Contents

Introduction

Chapter 1: What is Forex Trading?

What is Forex Trading

The Concepts of Forex Trading

Chapter 2: Benefits of Working With Forex Trading

The Benefits of Trading the Forex Market

Chapter 3: How to Identify Your Trading Opportunities

How to Identify Trades

Picking Out the Right Trade Strategies

Scalping

Day Trading

Swing Trading

Positional Trading

How Do I Pick a Strategy?

Chapter 4: Things to Consider Before We Get Started

Opening Your Account

The Types of Market Orders

How Can I Make a Trade

An Example of a Trade to Work With

Can I Use Leveraging for the Trade?

Chapter 5: The Technical and Fundamental Analysis

The Fundamental Analysis

The Technical Analysis

Chapter 6: Using Support and Resistances Levels to Your Benefit

Fundamentals of significant levels

Using support and resistance levels to your advantage

Managing trend

Understanding Moving average

Other indicators to Use

The psychological effect of support and resistance levels

Chapter 7: Common Forex Trading Strategies

Hedging Forex

Scalping

Position Trading

Opening Range Breakout

Blade Runner Reversal Strategy

Fibonacci Trading

Chapter 8: Market Makers

Chapter 9: The Best Tips for Success

Look to the Commitment of Traders

Look at International Events

Volatility Can Be Your Friend

Always Diversify

Follow the Money

Read All the Economic Reports

Work With Patience

Avoid Negative Emotions

Conclusion

Introduction

Congratulations on purchasing Forex Trading for Beginners, and thank you for doing so.

The following chapters will discuss all of the steps that you need to know to get started with trading on the forex market. There are a lot of parts that come together when working with your investment strategy. But if you are looking for a way to make some good money with trading in a short amount of time, then working with the forex market is one of the best options for you. This guidebook is going to take some time to explore the forex market and what we are able to do to make it work for our needs.

To start this guidebook, we are going to take a look at some of the basics that come with the forex market. We will look to see what forex trading is all about some of the concepts of forex trading, and how to determine if this is the right kind of trading option for you. For exome traders, the forex market is a hard one to get into because it seems so complicated and hard to understand. But there are many benefits to using the forex market, and we will discuss a lot of them inside.

From there, we are going to take a look at how to get started with some of the other parts of working in the market. We will talk about how you can identify the best trading opportunities to see success, some of the practical things that we need to learn about when we want to enter our trade, and how to work with online forex trading. These will all come into play to ensure that we are prepared to manage our money and make some of the best trades possible.

When we are ready to enter the market, and we want to choose our strategies, the best thing to understand is the differences between the fundamental analysis and the technical analysis. The technical analysis is the most common strategy here because it relies on charts and graphs to help guide us in some of the decisions that we want to make along the way, but there are lots of situations where we can use the fundamental analysis, or at least combine it together with the technical analysis as well. This is why we will discuss both to help us be prepared.

When that is done, it is time to move onto the resistance and support levels that we can look for when it is time to decide when to get into a contract, and how both of these levels can help us to really see some benefits when it comes to picking out the right contracts as well. while we are here, we will look at the market makers and what these mean for some of our trades along the way.

Then it is time to get into some of the fun parts of investing in the forex market, the strategies that we can use. There are many strategies that are open to investors who want to make some money with this kind of trading, and we will look at a few of the best strategies that will help you out here. We can then end with some of the best tips that any forex trading investor should follow in order to see the results and the profits that they want from all of this.

There are a lot of investment opportunities out there that we can choose from, and the one that we go with will often depend on our own goals and what we feel comfortable with. But trading on currencies is a great option that can open us up to many choices, and a lot of profits, all in one place. When you are ready to learn more about how the forex market works and what you are able to do with it, make sure to check out this guidebook to help you get started.

There are plenty of books on this subject on the market, thanks again for choosing this one! Every effort was made to ensure it is full of as much useful information as possible; please enjoy it!

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Legal Disclaimer

All the information in this book is for general educational purposes only. Results are not guaranteed and may vary. Nothing in this book should be taken as financial advice. Please always consult with a professional in this field before you take action

Chapter 1: What is Forex Trading?

There are a lot of different methods that we are able to utilize when it comes to trading. But in this guidebook, we are going to take some time to look more at how we can work with the Forex trading market. There are many benefits to working with the forex market, and it can provide us with a good deal of opportunities that we are able to work with on this market, so we are able to go through and learn how to do some investing with forex.

What is Forex Trading

Forex, which stands for Foreign Exchange Market, is going to be considered one of the biggest financial markets available in the world. This is going to be a market that refers to currency exchange trading. Currencies are important in our world. Without them, it would be really hard to purchase and sell goods, and we would have to go back to the bartering system, which is not that effective. And bartering is not effective if we want to do international trade.

If you plan to purchase something in another country, and their currency is different than yours, or they don’t accept your currency, then