2. By viewing information within this course
content, you agree that this is general education
material and will not hold anybody responsible for
loss or damages resulting from the content
provided.
You agree that you understand that FOREX
trading has big upside potential/reward & risk
alongside it. You must be aware of the risk and
must be willing to accept them in order to invest in
the FOREX market.
3. VISION: "To enable every Filipino all over the
world to realize their full potential in Forex
Trading.“
MISSION: "To provide a Forex Trading
community where Filipinos can come to find and
discover a true home to learn and progress in a
fun and educational environment."
9. It is the largest financial market
in the world.
It is simultaneous buying of one
currency while selling for
another.
It is traded in currency pairs.
10. 2004 BIS Survey
1.88 Trillion Daily
1600 $1,500
1400
1200
1000
800
600
400
200
200 100
0
US STOCK US TREASURY FOREX
MARKET BOND MARKET
Foreign Exchange volume is exponentially greater than all
other markets combined!
11.
12. 4,000+ Banks and Financial
institutions are involved in Daily
Transactions.
this market has more buyers and
sellers and daily volume than any
other in the world.
Almost $4 Trillion a day
16. Asian Session
Sydney opens at 5AM to 2PM
Tokyo opens at 7AM to 4PM
London Session
London opens at 3PM to 12AM
US Session
New York opens at 8PM to 5AM
17. No products to sell
No service to provide
No customers
No phone calls
18. No commission
No fixed lot size
No one can corner the market
Not bound by geographical
location
19. Big opportunities during
economic cycles
Low transaction costs
Start small and start part-time
24-hour/5.5 days a week market
20. Make money in both falling and
rising markets
High leverage market
High Liquidity
Highly Rewarding
21. One participant’s loss is another’s
gain
Losers pay winners
22. Brokerage Agreement, Risk
Disclosure, Personal Information,
etc.
Deposit Funds
100:1 Leverage
1% Margin
23.
24. Until the late 1990s, only the "big guys" could play this
game. The initial requirement was that you could trade only
if you had about ten to fifty million dollars to start with!
FOREX was originally intended to be used by bankers and
large institutions.
The entire market is run electronically, within a network of
banks, continuously over a 24-hour period
It is spread all over the globe with no central location
25. Large Banks & Commercial Banks
Government & Central Banks
Big Corporations & Hedge Funds
Retail traders or Speculators
26.
27. D S = Price goes
UP S = Price
D
goes
UP
UPTREND, BULL MARKET, BULLISH,
28.
29. D S = Price goes
DOWN
D S = Price
goes
DOWN
DOWNTREND, BEAR MARKET, BEARISH
30.
31. D S = Price stays the
SAME
D S = Price stays the
CONSOLIDATI
ON
SAME
RANGE, RANGING, RANGING MARKET
32.
33.
34. "Investors" put their money into stocks, real
estate, etc., under the assumption that over
time, the underlying investment will increase in
value, and the investment will be profitable.
Typically, investors do not have a plan for what
to do if the investment decreases in value.
They hold onto the investment in hopes it will
bounce back and again become a winner.
35. On the other hand "traders" take a proactive
approach to their investing. Traders have a
defined plan and invest with one goal, to put
their capital into the markets and "profit."
Kevin Bruce
They "trade" with a plan that tells them what to
do in any situation. When to enter and when to
exit. They never allow large losses.
Has been trading trends for 25 years made over
100 Million Dollars. And he started trading while
working as a gasoline boy.
36. Being a trader does not mean you must move
in and out of the markets frequently. This is a
common misconception. A trader simply is one
who has a plan for ENTERING and EXITING.
They know what to do if their trade goes
against them, and they know what to do when
their trade is profitable
37. Investors will buy and hold.
Investors enter long (or buying) positions.
Investors will hold for a long period of
time.
Investors focus on fundamental analysis.
Investors are not concerned with short-
term losses.
Investors let profits accumulate.
38. Traders enter a position to make money.
Traders will short sell a currency.
Traders will hold for a short period of
time.
Traders use technical analysis and
charts.
Traders cut losses.
Traders take profits quickly.
(Forex, FX) the simultaneous buying of one currency while selling for another. this market of exchange has more buyers and sellers and daily volume than any other in the world. taking place in the major financial institutions across the globe.Example: conversion of Phil Peso to US DollarVisiting a different country
The dollar is the most traded currency, taking up 84.9% of all transactions. The euro's share is second at 39.1%, while that of the yen is third at 19.0%.
Since you purchase money with money, there are two transactions (buying and selling) happening at the same time.
The Bank of International Settlements (BIS) has just released the results from its Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity, conducted in April 2010.The increase was driven by the 48% growth in turnover of spot transactions, which represent 37% of foreign exchange market turnover.
The Bank of International Settlements (BIS) has just released the results from its Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity, conducted in April 2010.The increase was driven by the 48% growth in turnover of spot transactions, which represent 37% of foreign exchange market turnover.
Since you purchase money with money, there are two transactions (buying and selling) happening at the same time.
That huge $4 trillion number covers the entire global foreign exchange market, BUT retail traders (that's us) trade the spot market and that's about $1.49 trillion. In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to other countries' economies.most trading volume comes from traders that buy and sell based on intraday price movements. From the perspective of an investor, liquidity is very important because it determines how easily price can change over a given time period. A liquid market environment like forex enables huge trading volumes to happen with very little effect on price, or price action
That huge $4 trillion number covers the entire global foreign exchange market, BUT retail traders (that's us) trade the spot market and that's about $1.49 trillion. In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to other countries' economies.most trading volume comes from traders that buy and sell based on intraday price movements. From the perspective of an investor, liquidity is very important because it determines how easily price can change over a given time period. A liquid market environment like forex enables huge trading volumes to happen with very little effect on price, or price action
A period of time consisting of one day of business in a financial market, from the opening bell to the closing bell.Forex market is open 24 hours a day. It provides a great opportunity for traders to trade any time of the day or at night.However, although it seems to be not very important at the beginning, the right time to trade is one of the most crucial points to be successful in trading at the forex market.
The best time to trade is when the market is the most active and therefore has the biggest volume of trades. More active currency moves will create a good chance to catch the trade and make some profit.
The dollar is the most traded currency, taking up 84.9% of all transactions. The euro's share is second at 39.1%, while that of the yen is third at 19.0%.
The dollar is the most traded currency, taking up 84.9% of all transactions. The euro's share is second at 39.1%, while that of the yen is third at 19.0%.
Until the late 1990s, only the "big guys" could play this game. The initial requirement was that you could trade only if you had about ten to fifty million bucks to start with! Forex was originally intended to be used by bankers and large institutionsUBS, Barclays Capital, Deutsche Bank, and Citigroupthe European Central Bank, the Bank of England, and the Federal Reserve
The dollar is the most traded currency, taking up 84.9% of all transactions. The euro's share is second at 39.1%, while that of the yen is third at 19.0%.