The $300,000 Forex Trading Strategies
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About this ebook
Forex is one of the hottest trading instruments on the Internet today. If you're looking for the very best way to make some serious money… and do it quickly…trading forex could be the perfect choice for you!
In this book, you will:
- Learn the Top Trading Strategies that grew my account to $300,000!
- Learn the Secrets to Support and Resistance zones that have never been revealed before!
- Understand how the forex market works
- Trade with a clear plan of action without being glued to the screen every second
- Know the right time to lock in those profits!
- Discover a tactic that allows you to extract more profits while keeping your trades risk free!
Let's Get Started!
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Reviews for The $300,000 Forex Trading Strategies
11 ratings4 reviews
- Rating: 5 out of 5 stars5/5Good books for your strategies confirmation reference. Short to the point
Need to understand basic trading first - Rating: 5 out of 5 stars5/5Show de Bola e agora e´so colocar em pratica que vai dar certo
- Rating: 5 out of 5 stars5/5The $300,000 Forex Trading Strategies was an interesting read. It's a good starting point if you want to learn how to trade forex. There are lots of techniques in the book that you can follow to learn about forex trading.
- Rating: 5 out of 5 stars5/5Good strategies to use. Will practice it on demo before going real
1 person found this helpful
Book preview
The $300,000 Forex Trading Strategies - Matthew George
Disclaimer
The content in this book is for informational and educational purposes only. It is not a recommendation to purchase or sell any of the securities or investments of any kind. If any particular stock or investments are mentioned, they are for illustrative and educational purposes. Investing and trading in any financial instruments involves risk of loss. Indicators, strategies and rules provided are for educational purpose and should not to be construed as investment advice. The author does not guarantee any results or investment returns based on the information contained herein.
How The Forex Market Works
This chapter presents some of the essentials that you must know before you start trading the forex market. As this book is written for traders who already have some basic understanding about forex, this introduction will be a quick one to that gives you the key important pieces of information. Forex is the largest financial market in the world with a daily trading volume of greater than USD 4 Trillion.
The most commonly traded currency pairs
The currency pairs listed below are considered the majors
. These pairs are paired with the USD and have the largest trading volume.
Major Pairs
EUR/USD
GBP/USD
USD/JPY
AUD/USD
NZD/USD
USD/CHF
USD/CAD
Currency pairs that do not contain the USD are known as cross-currency pairs. The most actively traded cross pairs are based on the three major non-USD currencies: EUR, JPY, and GBP.
Examples of Currency Pair Crosses
EUR/JPY
GBP/JPY
EUR/GBP
GBP/AUD
Bird’s Eye View
Of The Forex Market Structure
The forex market has neither a physical location nor a central exchange.
It is considered an interbank market due to the fact that the entire market is run electronically, within a network of banks over a 24-hour period.
Even though the forex market is considered decentralised, the market participants can be organised into a hierarchy.
Figure 1.1 – Forex market structure
The interbank market is the top of the chain. It composes of the major banks of the world and some smaller banks where the participants of