Lesson #1

Beginner’s Introduction

To Forex Trading Basics.

The Essential Forex

Price Action Trading

Crash Course 4 Beginners!

Curious…?

Here‟s what we‟re going to cover In This Video….

Lesson Content

1 … What Is Forex?

2 … What Is Forex Trading?

3 … How Does A Forex Traders Make Money?

4 … How & Why A Forex Trader Loses Money!

5 … Simple Definition & Explanation Of Basic Forex Trading Terms.

6 … Major Forex Trading Sessions From All Around The World…

7 … Quick Recap…

„Forex‟ is Short for Foreign Exchange.

Taken from the first 3 letters in ‘Foreign’ &

the last 2 letters in ‘Exchange’ …

What Is Forex?

Forex refers to the simultaneous buying and selling or exchange of currencies

whereas Forex Trading refers to all acts of speculation in the currency trading

markets by foreign exchange currency traders for the sole purposes of generating

profits from their currency trading transactions.

95% of Retail Forex Traders Lose Their Money To The Professionals

Trading The Global Financial Currency Trading Markets!

Statistic

Currency Trading Simplified!

- Buy Low & Sell

Higher…

- Sell High & Buy

Back Lower…

How Does A Forex Trader

Make Money?

Basically, Forex Traders Makes Money When They Buy A Currency at a Price Lower Than They‟ll Sell It into The Market

At A Later Time in Order To Realize their Profits on that Particular Forex Trading Transaction

How Forex Traders

Make Money!

Sell A Currency at a Price Higher Than They‟ll Buy It Back From The Markets At A Later In Order To Realize A Profit From That

Currency Trading Transaction.

How Forex Traders

Make Money!

Buying A Currency Dirt Cheap & Selling It Later For A Profit When It's Value Has Risen Isn't

Hard For Many To Wrap Their Heads Around,

However…

How Forex Traders

Make Money!

Since there are no

Physical Exchanges

in the Currency

Trading Markets…

What Puzzles Most Newbie Forex Traders is Selling that which They Do not Already Own & Having To Later

Buy It Back In Order To Realize Their Profits On The Trade!

How Forex Traders

Make Money!

Shorting In The

Forex Explained!

This concept is

known as 'Shorting'.

Since there are no

Physical Exchanges

in the Currency

Trading Markets…

Shorting In The

Forex Explained!

There are no

physical exchanges

in the Forex Trading

markets!

This concept is

known as 'Shorting'.

Assuming That We've Conducted Sound Market Analysis That Has Led Us To Believe That Price Is Likely To Fall For

The EURUSD In The Short Term… The Dollar, Counter Currency in EURUSD Quotation Will

Strengthen Should The EURUSD Fall!

Ooooh! Here‟s a

new object that just

“appeared” on

the right!

… And another, on

the left!

The Shorting Concept Explained! In order to realize the profits from this trade the Trader needs to exit the Trade at a

later time and price much lower than the price they got into the market in the first place

through exchanging the dollars they bought earlier on for relatively more Euros,

Paying their forex Broker exactly what the borrowed and keep the difference as profits

In The Bank…!

A Smart Forex Trader Would Simply 'Borrow' Euros From His or Her Forex Trading Broker and Exchange them for Dollars (Buy US Dollars) So as to Reap the Benefits of a Strengthening

Dollar Through Putting on a Sell EURUSD Trade.

Shorting In The

Forex Explained!

On The Dimension Of The Spectrum,

Foreign Exchange Currency Traders Lose Money When

They Buy A Currency & Prices Falls Lower Than The

Price At Which They Bought At,

Or…

Shorting In The

Forex Explained!

When They Sell and Price Rises Above Their Entry Spot Price

But The Loss Is Only Realized When The Trader Closes The

Forex Trading Position At The Point In time When

The Trade is Reading Losses Either Manually or Automatic

Using Stop Orders.

Shorting In The

Forex Explained!

“Inexperienced Forex Traders

Sew their Trading Coats Way

Larger than their Forex

Trading Account Sizes."

Leverage in Forex Trading refers to a

Trader's ability to amplify their purchasing

power in conduction trading transactions.

A Trading account on a 1:1 means that

every dollar in that trading account has the

power to buy currencies worth $1 but a trading account operating on a

leverage of 1:1000 on the other hand implies that a dollar in that

trading account can control currencies worth up to $1000.

The Double Edged Sword Leverage Demystified!

The Double Edged Sword

Leverage Demystified!

“Inexperienced Forex Traders

Sew their Trading Coats Way

Larger than their Forex

Trading Account Sizes."

Leverage Makes It Possible for Forex Traders To Pay Super

Low Margin Requirements In Order To Open Forex Trading

Positions Thus Over Exposing Their Trading Account Capital

To Imminent Damage.

Ultimately, High Leverage Only Fuels A False

Sense Of Security Promoting & Over Confidence

Which Subsequently Leads To Greed, Over Trading & Anxiety

Resulting In Huge Terrible Losses To

Your Forex Trading Account!

The Double Edged Sword

Leverage Demystified!

“Inexperienced Forex Traders

Sew their Trading Coats Way

Larger than their

Forex Trading Account Sizes."

What Does The Term

‘Equity’ Mean In

Forex Trading?

Equity Simply Refers To Your Floating Account Balance

Which Fluctuates As A Result of Your Current

Open Forex Trading Positions Affected By Conditions

In The Spot Forex Market.

Another Way To Say It Is…,

Equity Refers To What Your Forex Trading Account

Balance Would Become If You Closed All of Your Open

Forex Trading Positions!

What Does The Term

‘Equity’ Mean In

Forex Trading?

A Firm Understanding of These Basic Concepts is

Quite Crucial To Your Comprehension & Sound Application

of Important Money Management Principles

in Your Day To Day Forex Trading Activities.

What Does The Term

‘Equity’ Mean In

Forex Trading?

Margin Simply Refers To The Deposit In Your Forex Account…

In order to Open Forex Trading Positions & Also Depending

On Your Trading Account‟s Leverage Your Forex Broker

Would Only Require A Small Portion of the Actual Cost

Or Worth Of Currencies You Wish To Trade!

What Does The Term

‘Margin’ Mean In

Forex Trading?

The Total Cost Of Your Current Open Forex Positions is

Expresses as ‘Used Margin’ Within Under MetaTrader‟s

Data Window…

Free Margin On The Other Hand Refers To The Available

Part Of Your Trading Account Balance You Could Still Use

To Launch New Forex Trading Positions.

What Does The Term

‘Margin’ Mean In

Forex Trading?

What Are The Best

Times To Trade? 1

2

3

4

European Session

U.S. Session

Asian Session

Australian Session

RATE THIS CONTENT & HELP HUBSPOT IMPROVE.

Liquidity & Volatility . Your feedback goes directly to

Markets are the most volatile when there‟s

increased trading activity and this usually occurs

during periods where forex trading sessions overlap.

The Foreign Exchange Currency Trading Market is

the Most Liquid Financial Market on Planet Earth!

You can simply get in & out of the market at the

click of a button 24/7 Five days a week!

Any Questions…? Shoot! http://bit.ly/FXMindTrixElite

In This Video Lesson We Learnt About…

1. What Exactly The Foreign Exchange Currency Market Is

2. What Foreign Exchange Currency Trading Really Is…

3. How Forex Traders Actually Make Money Through Currency Trading?

4. How & Why Forex Traders Actually Lose Money!

5. Simple Basic Definition & Explanation Of Some Basic Forex Trading Terms

6. Major Forex Trading Sessions Around The World…

Recap! Video Training Series Course...

A

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Trading The Global Foreign

Exchange Currency Trading

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By Anas Abba.

@FXCoachTweetz