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FOREX TRADING SEMINAR

Join our Forex Trading Seminar to learn about the five major currencies - US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP), and Swiss Franc (CHF). Understand how currencies are traded in pairs like EUR/USD and GBP/CHF, and gain insights into the basics of Forex trading and the rule of profit. Discover the requirements for online Forex trading, including the necessary skills, a PC with internet access, a platform for analysis, a Forex broker, and a funded Forex account. Explore funding options, such as e-gold, credit cards, and wire transfer, and open your own account.

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FOREX TRADING SEMINAR

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  1. FOREX TRADING SEMINAR

  2. CURRENCY PAIRS • FIVE MAJOR CURRENCY US DOLLAR -USD EURO – EUR JAPANESE YEN BRITISH POUND SWISS FRANC CURRENCIES SYMBOL USD- EUR JPY GBP CHF AUD,CAD ,NZD,

  3. INTRODUCTION TO FOREX • WHAT IS FOREX? Forex means FLOATING RATE OF EXCHANGE.Bcos this has to do with slight difference or fluctuations in the prices of currencies • RULE OF PROFIT Traders gain the profit by ‘buy cheaper-sell higher’

  4. TRADE FORM • CURRENCIES ARE TRADED IN PAIRS • EUR/USD,USD/JPY,GBP/USD, USD/CHF ,GBP/CHF,AUD/NZD

  5. BASIC REQUIREMENT FOR ONLINE FOREX TRADING • SKILL OF HOW IT WORKS • PC + INTERNET ACCESS • PLAT FORM FOR ANALYSIS • FOREX BROKER • FXSOLUTION,MARKETIVA,NORTHFINANCE,CROWNFOREX • FOREX ACCOUNT • DEMO ACCOUNT • FUNDING OF ACCOUNT

  6. FUNDING OPTIONS • SOME BROKERS ACCEPT E-GOLD, CREDIT CARDS, WIRE TRANSFER • MARKETIVA • NORTHFINANCE

  7. HOW TO OPEN ACCOUNT • CHOOSE BROKER • FILL THE APPL FORM • BROKERS REQIREMENT GOVT ISSUED PHOTO ID PASSPORT,DRIVER’S LICENSE ADDRESS VRIFCTN-UTILITY BILL SUBMIT THE APPL COLLECT FX ACCOUNT NUMBER

  8. DEFINITIONS OF BASIC TERMS • BID AND ASK PRICE • [SELLBASE }1.8901/{BUY COUNTER}1.8904 • SPREAD • DIFF BTW BID AND ASKPRICE • BGP/USD @1.8901/1.8904 • PIPS • “PERCENTAGE IN POINT”AND IT IS D LAST DECM PIONT IN A QUOTE • GBP/USD@1.8901/02,1.8905/06 • 1 PIP MOVEMENT • LOTS AND LOT SIZES • LEVERAGE AND MARGING

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