| Our alert services are ideal for Traders at all levels:- Trading our alerts with a demo account is a fast way for Novice traders to learn the FOREX market. More experienced traders can start trading our alerts with as little as $1200 in a Mini account. Experienced traders will benefit from the convenience and using our position sizing methodology |
| Disclaimer:-The information on online Forex trading presented on this website should not be regarded as forex or currency trading advice. Currency trading and fx trading is highly speculative and should only be done with risk capital. Foreign Exchange prices rise and fall and past performance from currency trades is no assurance of future performance. This online forex trading website is a currency trading information website only. Accordingly, we make no warranties or guarantees with respect to the correctness or validity of its content. Forex traders making use of the online currency trading information presented do so at their own risk. The information provided herein does not take into account their forex investing objectives, financial situation or needs of any particular person. This site is not intended to by used as the only source of currency trading information or forex education. It is important and assumed that traders use sound trading principles when using the online forex trading information on this currency trading site. This includes trading common sense, sound money and risk management and full personal ownership of any trading decisions. Investors should obtain individual financial advice based on their own particular circumstances before making any foreign currency investment decision. |
| INTRODUCTION TO ONLINE FOREX TRADING (CURRENCY TRADING) Ease of Participating in the Forex market The Trade the Forex market has become incredibly easy for the man in the street to trade. A $300 account opened online with a credit card can allow traders to buy and sell up to 4 x $10 000 lots of currency to trade. Risk is limited to your account and all the tools are free:- Free charts, free data feeds, free trading platform , free training, free news, free demo accounts. You don’t have to trade a live trading account straight away so you can learn to trade over a 1 to 6 month period free of charge and at no risk. What does FOREX refer to? FOREX is an abbreviation of FOReign EXchange and is generally referred to Forex, FX, or currency trading. It is the world's largest and most liquid trading market. Back Ground and History: Spot Forex started way back in 1971. The currency market, has been the traded by global hedge funds and institutional investors for years. Yet this market is new to many individual traders. In the past few years, the popularity of Forex trading has increased dramatically. The Forex markets daily liquidity, at about $1.9 trillion, is unmatched. The high leverage accounts (as high as 200-to-1) means that the barriers to entry are very low. There is no up tick rule, no specialist, and no exchange fees. The Forex market operates and is liquid 24 hours a day. Why is Forex so popular with the man in the street? In the past, access to this market had been restricted to corporations, macro hedge funds, and other institutional investors. The individual traders had no access the Forex market. With the advent of the online trading revolution, the Forex market became available to retail clients. Individuals can now trade with the biggest banks in the world with virtually similar pricing and execution. How do traders make money in the Forex market? As with all markets you need to buy low and sell high. In the Forex market you can also Sell high and buyback low and make a profit. Technical analysis strategies work very well in the Forex market. Nearly everything that you know about technical analysis from trading other instruments applies to the FX market. The vast liquidity found in the currency market makes it much less likely that any one participant can disrupt the market and temporarily skew technical indicators, which is common in less liquid markets. Forex has the advantage of 24-hour per day trading. Banks, Governments and institutions exchange currencies every hour of the day and night, as the business hours of the major financial centers of the world overlap. The Forex trading day follows the sun around the world, moving from Australia to Japan to Europe, to the U.K. and the U.S., and back to Australia. London, New York, and Tokyo are the most active and influential FX markets, together accounting for about half of the world's spot Forex trading activity. Currencies pairs. Currencies change value in relation to other currencies. When you enter a currency trade, there are two currencies involved. This is because the value of a currency does not change, but its value changes in relation to another currency. This is why currencies trade in pairs. Many traders find it helpful to think of a currency pair as a single instrument, such as a stock. For example, if an equity trader believes that Google stock will rise in value, that trader will buy or go long Google. Similarly, if a trader believes that the Euro will rise against the U.S. Dollar, that trader can go long Euros and short the U.S. Dollar by buying the Euro/ U.S. Dollar currency pair. If the same trader believed that the U.S. Dollar would strengthen against the Euro, he or she would short the Euro/ U.S. Dollar currency pair. For more information of the currency market please go to the following link:- http://www.fxcm.com/getting-started.jsp |
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| This trading course is intended to be used in conjunction with our Forex Trade of the day site www.forextradeoftheday.com which takes strategies and concepts from this course and applies them to day to day trading. Also visit our www.Expert-4x.com site for more information |
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