The Basics Of FX Trading: Getting Started In FX Trading – A Beginners Guide Plr Ebook

Table of Contents

Chapter 1 3
Right Into The Strategies 3
Running with the giants 3
Getting started 4
Marketing Tips 5
OTO (One Time Offer) Marketing 6
A Few Good Markets 8
Free publicity 9
Not quite free publicity 11
Pay-per-click strategies 17
Affiliate strategies 20
Chapter 2 The Startup Phase 23
Free instant Internet business: Just add blog 23
Website words of wisdom 26
Budgeting basics 28
More on traffic 31
Chapter 3 The Most Common Mistakes 33
Chapter 4 Getting The Recurring Signup 36
To charge or not to charge 36
Free subscriptions 36
Paid subscriptions 37
Chapter 5 Your Affiliate Program 39
Multiple affiliations, multiple paychecks 39
Top tips for affiliate success 41

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The Basics of FOREX Trading

What exactly is FOREX trading? Put simply, FOREX trading is the buying and selling of international currencies. Traditionally, participation in the FOREX market was confined to major banking and trading institutions. But in recent years, technological developments have opened up this once exclusive arena to smaller companies and even individuals by allowing them to trade currencies online.

The world’s currency rates are not fixed. They follow a floating exchange rate and are always traded in pairs— EuroDollar, Dollar/Yen, etc. Most international transactions are exchanges of the world’s major currencies.

When it comes to Forex trading, there are a number of major currency pairs. : Euro v. US dollar, US dollar v. Japanese yen, British pound v. US dollar, and US dollar v. Swiss franc. These currency pairs are considered major in comparison to the other currency pairs because of their trading volume.

In the FOREX market, these relationships are shortened: EUR/USD, USD/JPY, GBP/USD, and USD/CHF. They may also be listed as follows (without the slash): EURUSD, USDJPY, GBPUSD, and USDCHF

Below is a chart of 4 currency pairs clearly illustrating their relationship to each other.