Mcs beginners 13 feb 2013 final - smart way to trade forex
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Smart Way to Trade Forex & Commodities
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Transcript of Mcs beginners 13 feb 2013 final - smart way to trade forex
Smart Way to Trade Forex & Commodities
CONTENT
Forex Trading
Commodity Trading (Gold)
Strategies To Follow
Risk Management
FOREX
WHY FOREX?
$ 5.2 Trillion Traded Daily
24 Hours Trading
Decentralized Marketplace
Liquidity & Volatility
Exchange Rate Fluctuation
Speculation
Economic Reports
Various Currencies to Trade
AUD/USD EUR/USD GBP/USD
USD/CHF USD/JPY EUR/GBP
AUD/JPY CHF/JPY GBP/JPY
Trading Facts
Contract Size 100,000
Minimum Tick Size 0.00001 point/ 0.01 point
Min. Lot & Max. Lot 0.1 Lot & 50 Lots
Margin/ Lot $ 1000 Day Trade/ $ 1500* Over Night
Expiry Date N/A
Fundamentals of Forex
Interest Rate Decision
Employment
Economic Growth & Trade
Geopolitical Events
Interest Rate Currency Rate
Employment
Economic Growth & Trade
Geopolitical Events
CONTENT
Forex Trading
Commodity Trading (Gold)
Strategies To Follow
Risk Management
Commodity
Gold
WHY TRADE GOLD?
Where is Gold used?
Facts on Gold Trading
Traded on Major Stock Exchanges – Zurich, Mumbai, London, Paris & New York
Hedge against inflation, deflation or currency devaluation – ‘Safe Haven’
Value of Gold responds towards demand and supply factors
Methods to Trade Gold
• Physical Gold
• Gold Stocks
• Gold Futures
• Gold Mutual Funds
GOLD FUTURES PHYSICAL GOLD
High Leverage No Leverage
24 Hours Trading No 24 Hours Trading
High Possibility to Profit (Short Term) Possibility to Profit (Long Term)
2 Way Opportunity One Way Opportunity
Massive Liquidity No liquidity, easy to buy, difficult to sell
Gold Futures Vs Physical Gold
Trading Facts
Contract Size 100 oz
Tick Size 0.03 point
Margin/Lot US $ 1000
Min. Lot & Max. Lot 0.1 Lot & 50 Lot
Expiry Date N/A
Fundamentals to Gold Trading
• Supply and Demand of Gold and Silver
• Economic and Political Factors
• Interest Rate
• Inflation
CONTENT
Forex Trading
Commodity Trading (Gold)
Strategies To Follow
Risk Management
Support & Resistance• They are price levels that traders use to help predict future price
movements
• Traders often base their analyses on longer term charts
• It is easier to use trend lines on historical charts as compared to developing trends
• 3 Things could happen after the market hits support or resistance levels
1. Retrace
2. Change direction
3. Stall
• Keep an eye out for most recent rejection levels
• A good resistance level, the market gets rejected three times at the same level
Support
Support
Support
Support
Support
Resistance
Resistance
Resistance
ResistanceResistance
Buy 2 Lot @ 1674.10
Stop Loss @ 1670.00
Take Profit@ 1692.70
Break Out Opportunity – take long position when price level breaks through a level of resistance, or short position when price level breaks through a level of support.
Breakout Take long Position @ 1.02715
Resistance
Support
Resistance
Support
Take Profit@ 1.03315
Stop Loss @ 1.02515
Breakout Take long Position @ 1.56808
Stop Loss @ 1.56549
Take Profit@ 1.57251
ResistanceResis
tance
Resistance
Support
Support
Support
CONTENT
Forex Trading
Commodity Trading (Gold)
Strategies To Follow
Risk Management
Managing Risk
Managing Risk
Stop Loss Order
Position Sizing
Risk/Reward Ratio
Diversify Portfolio
Dari 10 Transaksi, bisakah profit jika,
3 kali benar dan 7 kali salah?
07/04/2023 07:09 PM32
.... target : $2 (SL) $ 500 : $ 200
$5
Bisa jika risk 1 & reward min. 2,5
Risk Control
Kelola Resiko
George Soros
“ It does not matter whether you are right or wrong, but how much you make
when you are right and how much you lose when you are wrong ”
