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Currency Trading
Tutorials
Contents
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.
Current
Tutorials
What is FOREX? -
This tutorial offers a simple explanation as to what
FOREX is, what is traded and why.
A Crash Course in Reading
FOREX Charts - 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.
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.
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.
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…
Money
Management Techniques -This list of tips may be the
most important rules for you to live by trading
FOREX.
Currency
Trading Tools - This section offers a look at
the different types of tools that are available.
Some currency traders use just one or a few
different tools while others may incorporate many of
them into their trading plan. One of the things you
will have to determine is which of these tools you
will be incorporating into your trading strategy.
How to read
Japanese candle sticks - 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.
Trading
with Fibonacci levels - Fibonacci is considered
by many to be the best tool for chart analysis.
Coming Soon
* Trends
and trend lines
* The
popular currency trading indicators
* All
about pivot points
*
Trading the news releases
Currency
Trading Directory - More FOREX resources.
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