Forex Introduction for Dummies

A video excerpt from Forex Club, gives us a birdseye overview of Forex.

Euro USD Candlestick example

Here is a chart for the EURUSD (Euro VS. US Dollars) market. Every candlestick represents 1 hour of trading, the blue signifies a bullish candlestick (up) and the red signifies a bearish (down) candlestick.

For this example, I will explain how you can earn from a BUYING POSITION

You saw an opportunity in a rising trend so you decided to BUY the EURUSD at 1.2569 since you expect to ride a rising trend that will go for hours or even days.

You placed an automatic cut-loss order at 1.2529 level incase that the market would go against your position as part of a wise trading strategy.

You also placed an automatic take-profit order at 1.2669 level incase you have to do something and cannot wait for your position to get filled in. You leave your computer assured that you have made a sound decision of BUYING in a rising market.

From time to time, you may also adjust your cut-loss order while the market is going in your favor, locking in profits. In this way, once you were able to set your cut-loss order at or above the opening price where you bought the EURUSD, you are already in a no-risk type of trade. Even if the market goes back, you will automatically get out of the market with profit. Hence, you may also adjust your take-profit order away from your opening price, depending on the market’s favorable movement and your trade plan.

This particular example would have already given you 100 points (or more) of profit against your calculated risk of only 40 points.

Profit/Loss per point depends on your account size and volume of lot being traded. It could be from 10c to $5 per point for mini accounts.

Better than any business

Please take a minute to compare the business you already have or is planning to put up with trading FOREX. Listed are some of the things you need to consider with the following businesses:





Even if compared with stocks trading, FOREX is way better because of the huge international market volume and it is not prone to manipulation by the big players. Also, since FOREX is a two-way market, you can still earn from a falling market. Insider information is also not considered to be present in FOREX since all traders will altogether receive the news the moment it is broadcasted via TV or Internet.

Filipino Forex Trader

Greetings!

I would like to invite you to the opportunities that Forex Club can offer in order to help diversify your portfolio. Forex Club is one of the top international industry leaders engaged in providing the technical platform and financial expertise in forecasting market directions in foreign currency trading. Forex Club allows professionals, small, medium and large size businessmen, to engage in this profitable form of business venture.

Foreign Exchange is a form of financial investment that takes advantage of the fluctuations in the exchange rates of different currencies. This is similar to the stock market that takes advantage of the fluctuations in the prices of the corporate shares by simply buying low and selling high. In contrast to the stock exchange, manipulation is unlikely in the currency market due to the large trading volume on a daily basis that averages into 1.5 to 2.7 Trillion US Dollars everyday which is 3X bigger than all of the US equities combined. Moreover, it allows a two-way profit potential making it unaffected by the current global economic crisis as market players are willing to invest whether the value of currency is going up or down, as they could easily buy or sell later on. Trading Forex is a two-way market where players like you can profit from both rise and fall of the markets.

I will be glad to discuss the details of the business and answer any of your concerns or questions with regards to optimizing returns, minimizing risks and trading strategies. Please feel free to visit our website at www.fxclub.com any time or you can email me at vincentjohnespiritu@gmail.com or you may reach me immediately at these numbers: 0927-977-7311 / 0929-327-1099

I am looking forward to hearing from you at your earliest convenience. The company and I are assuring you of our best attention at all times. We also look forward in doing business with you in the near future.


Kind regards,
Vincent John O. Espritu
Introducing Broker / FOREX Trader
IB Code: PHL001I