Forex Trading Strategies PLR Ebook

Table Of Contents

What is Forex Trading? . . . . . . . . . . . . . . 5
Importance of Forex trading . . . . . . . . . . . . . . 7
Four Main Types of Orders in Forex Market . . . . . . . . . . . 9
Forex Trading Price Movements-How and Why Markets Move and How to Profit . . . . . . . . . . 11
You predict the Forex expense trends . . . . . . . . . . . . 11
The Market obeys Scientific Laws . . . . . . . . . . . . . . 11
Business Can be made of News . . . . . . . . . . . . . . 11
Actual Expense Trends . . . . . . . . . . . . . . 12
Win the Competition . . . . . . . . . . . . . . 12
Be Imperfect but Never a Loser . . . . . . . . . . . . . . 12
Forex Traders: The Need to Be Objective . . . . . . . . . . . . 13
Forex Trading Tools . . . . . . . . . . . . . . 15
The Three Trend line Strategy . . . . . . . . . . . . . . 15
How to Win with Forex: The Step-by-Step Secrets . . . . . . . . . 17
Success Comes From Within . . . . . . . . . . . . . . 17
Discipline & Losses . . . . . . . . . . . . . . 18
A Trading Edge . . . . . . . . . . . . . . 18
Success is in YOUR Hands . . . . . . . . . . . . . . 18
Dangers of Getting Emotional About Forex Trade . . . . . . . . . 20
Forex Trading Strategy – Channel Breakout . . . . . . . . . . . 22
Forex Assassin vs. Forex
Power Strategy . . . . . . . . . . . . . . 24
The Correct Timing in Forex Trading . . . . . . . . . . . . . . 26
Making Proper Use of Support and Resistance . . . . . . . . . . 26
Why Buy Low and Sell High Doesn’t Work . . . . . . . . . . . . . 26
It Takes Guts – But It Makes Money . . . . . . . . . . . 27
The Importance of Real Time Forex Charting . . . . . . . . . . . 28
Calculating Interest on
Forex Trades . . . . . . . . . . . . . . 30
The Advantages of Automated Forex Trading . . . . . . . . . . . . 32
Choosing the Right Automated Forex Trading Software . . . . . . . . . . 34

Sample Content Preview

What is Forex Trading?

Forex trading involves dealing in international currencies. Here, one can sell currency of one country to buy that of another. The trader deals in Foreign Exchange [Forex] at the most appropriate time to profit from the transaction. Good ability to forecast plays a vital role here. One may wonder how Forex trading can be such a lucrative earning opportunity since fluctuations in exchange is so little.

But remember, when done in big volumes, a minor change can mean a lot. There are many nonmonetary advantages to it as well. Anyone who wants to deal in Forex can do so, since only the basic knowledge is required for it.

Forex can help you earn a lot of money. But there are certain conditions to follow before trading in Forex. Firstly, one must have a thorough knowledge about the trends in the stock market, the basics of trading and risk-taking ability. You will get all the help you need for attaining these conditions very easily.

There are many sites on the internet which can help you clarify your basics and help you brave rough weather. A good reason why Forex trading can be considered is the fact that there are frequent fluctuations in currencies, though in percentage terms it may be small.

You gain if the fluctuation favors you and the reverse holds true as well. No one can accurately predict the trend of the currencies. Liquidity is another reason why Forex trading is so popular.

Now the most important part – in Forex, you can make huge sums of money even if your initial investment is on a lower side. You can invest as little as $50,000. Rich people have no upper cap to the amount of investment. So remember that even with a nominal investment, the earning ability is undoubtedly very huge.

Most of the great businesses are connected to the world of internet today, and Forex trading is no exception. You can deal in foreign currencies right from your home. In fact, it is fully conducted online. You have the liberty to choose when you want to trade, and you don’t need to meet any deadlines.

Basically, you can be your own boss. The process of online trading is fairly simple for anyone to understand. You just need to open an account for Forex trading with a recognized broker and they will complete the rest of the formalities. The only bit you need to do is get ready with your investment amount.

So, it is thus clear that Forex trading can be one of the best businesses to earn money. Though there is a level of risk attached to it, but it can be avoided with due care and an alert mind!

Other Details

- 1 Ebook (PDF), 36 Pages
- 7 Ecovers (PSD, JPG)
- Source File
- Year Released/Circulated: 2008
- File Size: 1,370 KB

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