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EUR/USDistradingatYoubuy€10,for$13,EUR/USDmovesuptoYoucannowsellyour€10,for$13,,earningyoua$profitMeanwhile,brokersusethe MT4platformtoreachabroaderaudience.PartChartPaterns.ReadChapterEUR/USDexamples.ReadChapterExampleGBP/USDCFDTrade.Itisawayof tradingexchangeratesbetweentwodifferentcurrenciesInthischapter,we’lltakeyouthroughthecurrencytradesusingspotForex,aCFD,andaspreadbet PartTimeframesRemember,successinforextradingtakestimeandpracticePartPipsAlsocalledforexrobots(orbots),thesetradingsystemsofferthetradera varietyofautomaticfunctionsExampleAUD/NZDSpotFXTradeInourfirstcourse,youwillbeintroducedtotheworldofForextradingBasically,youbuyone currencyandselltheotherforthepurposeofinvestmentspeculationItisawayoftradingexchangeratesbetweentwodifferentcurrenciesYouwilllearnwhat Forextradingisallabout,whysomeonechoosestoDownloadFreePDFVolIntroductiontotheBasicsofForexDownloadourfreePDFandtakethefirststep towardsbecomingasuccessfulforextraderForextradingforbeginners–tutorialby|Thisisaforextradingguideforbeginners.PartTimeZones.Toshowyou howForextradingworks,we’llgothroughaworkedexampleofspotforextradeonAUD/NZD.Forex(FX)isaportmanteauofthewordsforeignandІ CHAPTERTHEBASICSOFFOREXThisultimateguideaimstoprovidebeginnerswithasolidfoundationtostarttheirforextradingjourneyPartPrice PartTrendLinesPartCurrenciesTradersuseittoviewreal-timecurrencyprices,openoradjustorders,gettechnicalandfundamentalanalysisPartPriceCharts PartTheImportanceofNewssavitassnTherearehundredsofforexsoftwareprogramsoutthereandinordertofindthebestprogram,youneedtodomany thingsIfyouarenewtotradingoryoutradedstocksandwanttolearnmoreaboutForextrading,thenthisguideisforyouForexorFX,isanabbreviationfor ForeignExchangeIntroductiontoForexTradingSeeFullPDFDownloadPDFForexorFX,isanabbreviationforForeignExchangeHowever,ifEUR/USD haddroppeddowntoCHAPTERTHEBASICSOFFOREX.Basically,youbuyonecurrencyandselltheotherforTheoretically,youcanconverttheexchange rateforbuyingacurrencytotheexchangerateforsellingacurrency,andviceversa,bydividingbytheknownexample,iftheexchangerateforbuyingBritish poundswithUSdollarsis,theexchangerateforbuyingUSdollarswithBritishpoundsis(1÷=)First,youshouldknowthatMetaTrader(MT4)issimplyatrading platformusedbytonsoftradersandbrokersThegoalistomakeaprofitwhenthevalueorexchangeratesofthecurrenciestradedmoveinyourfavorForeign exchange(forex)tradingistheprocessofbuyingonecurrencyandsellinganotherwiththegoalofmakingaprofitfromthetradePartSupportandResistance What’sgoodabouttheMT4platformisthatitAforextradingsystemisatoolusedbytraderstohelpautomatethemoremundaneandintricateaspectsoftrading PartChartIndicatorsPartTypesofFOREXOrdersItrytoanswerallquestionsaboutForextrading