Currency Trading Tutorials
Currency Trading is one of today’s hottest business opportunities. Over the
last few years it has become very easy for the average person to open a brokerage account and start trading for
just a few hundred dollars.
However, currency trading is not easy; in fact most people lose money because they don't educate themselves as
to how the market works. Through our tutorials, Trading Currency Online attempts to provide a solid starting point
for those interested in trading FOREX.
The purpose of our tutorials is to give you a basic understanding of FOREX so you are already aware of key
concepts when you pursue more in depth education and begin to formulate your own personal marketing style.
Our Current Currency Trading Tutorials
What is FOREX? Part 1 - This tutorial offers a simple explanation as to what
FOREX is, what is traded and why.
What is FOREX? Part 2 - The FORiegn EXchange does not have a centralized
exchange like the stock market in New York or the commodities markets with centralized exchanges in cities like New
York and Chicago. Comparing countries to companies to understand FOREX.
What is FOREX? Part 3 - The value of a countries currency is always rising
and falling in relation to the currency of other countries. Advantages of online currency trading are touched
upon.
How to Read FOREX Charts Part 1 - Charts are the main “tool” traders use to
determine when to enter and exit trades. Charts are easy to read and this tutorial will get you started.
How to Read FOREX Charts Part 2 - A Japanese candle stick provides an animated
way to observe price movement for a currency pair over a given timeframe. Time frames are discussed in this
lesson.
How to Make Money With FOREX Part 1 - How money is made and lost in FOREX
- How exactly do people make money with FOREX? This tutorial gives an explanation and a few examples. Example of a
bull trade.
How to Make Money With FOREX Part 2 - Example of a bear trade.
Closer look at sideways markets.
Types of FOREX accounts - When you decide FOREX might be for you, one of the
first things you’ll want to do is open a “demo” account and trade real time but with a “play” account. This way you
can practice until you are ready for real funds. This tutorial introduces you to the different types of accounts.
For a list of brokers, see our FOREX Directory.
Japanese Candlestick Tutorial Part 1 - Candle sticks are referred to as the
"sign language" of the markets, often telling the trader what is about to unfold. Candle patterns are considered
one of the strongest leading indicators in FOREX. In the How to read FX charts tutorial we where introduced to
Japanese candle sticks and in this tutorial we will be taking a closer look at some of the more popular and
reliable candle patterns.
Japanese Candlestick Tutorial Part 2 - This tutorial focuses on chart patterns
like the evening and morning stars and tweezer tops and bottoms and what these mean.
FOREX Fibonacci Strategy - Fibonacci is considered by many to
be the best tool for chart analysis.
FOREX Trading Time Zones - Somewhere on the planet, financial centers are open for
business, and banks and other institutions are trading the dollar and other currencies, every hour of the day and
night, aside from possible minor gaps on weekends…
FOREX Money Management Tips - A good FOREX money management strategy
is by far the most important skill to master if you want to become successful at trading FOREX. Trading Currency
Online has been teaching online currency trading since 2004.
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