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Pemaxx Zoom Class

This document provides an overview of forex trading topics including: - The training agenda covers forex market timings, strategy, risk management, and things to remember and understand. - Forex is the exchange of one country's currency for another. The forex market came into existence in 1971 and has a daily trading volume of over $6 trillion. - Major players in the forex market include central banks, commercial banks, trading entities, importers/exporters, financial institutions, hedge funds, and retail investors. - Key advantages of forex trading are its liquidity, transparency, leverage opportunities, ability to hold both long and short positions, and lack of commissions or transaction taxes.

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100 views20 pages

Pemaxx Zoom Class

This document provides an overview of forex trading topics including: - The training agenda covers forex market timings, strategy, risk management, and things to remember and understand. - Forex is the exchange of one country's currency for another. The forex market came into existence in 1971 and has a daily trading volume of over $6 trillion. - Major players in the forex market include central banks, commercial banks, trading entities, importers/exporters, financial institutions, hedge funds, and retail investors. - Key advantages of forex trading are its liquidity, transparency, leverage opportunities, ability to hold both long and short positions, and lack of commissions or transaction taxes.

Uploaded by

gqdevotiongroup
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Welcome to

Course
Training Agenda
Forex Market Timings
Forex Trading
Strategy

Forex Trading
Type of Forex Market Strategy
& Advantages .

Risk Management in Forex


Trading
Types of Forex
Market Analysis
Forex Trading - Things To Remember

Forex - Treat • It is not a one time program Use a Practice Account


Trading as a to get rich
Business
Forex Trading - Things To Understand

Plan your goals Focus on very few currency pairs, Take notes – study your
and stick to it expand as you better your skills success and failure
trades
What is Forex ?

Acronyms of Foreign FX in short Forex Market came


Exchange Currency of one country is into existence in
exchanged for the 1971.
currency of another
country
Types of Online Trading
Crypto
30%

Forex Market Commodity


50% 20%
Stock Market
10%

Stock Market:- Stock Market is limited to Country Commodity :- Mostly Commodity are used in Physical trading
import & Export
Metals & Energy .

Crypto currency’s : Digital Currency


Forex Market :- Acronyms of Foreign currencies Exchange
Market Volume
9T

Per Day Volume 6.6 T

6.2 T
Whole Month Volume

4.8 T

2012 2014 2021 2022

Stock market Volume of Per day of Forex market


Whole Month Volume is in
(full month) Trillions dollars
Who All Trades in Forex Market
Trading Exporters
Commercial
Central Banks Banks Entities

Importers

Financial
Institutions

Hedge Funds &


Portfolio Managers

Money Brokers

Fund Tourists & Retail Forex Traders


Managers Immigrants Investors
Advantages of Forex Trading
• Most Liquid Market in the WorLd. 24-hour trading.

• no insider trading. More transparent.

• Can trade part tiMe or fuLL tiMe (as it is open 24 hrs.)

• 100:1 Leverage (up to 500:1 is aLLoWed noWadays).

• Can hoLd both Long and short at the saMe tiMe. (LoCk)

• no CoMMissions. (onLy spreads)

• no seCurity transaCtion tax, staMp duty, surCharge, serviCe tax etC.,

• Works More teChniCaLLy than stoCks & CoMModity Market.


Facts of Forex Trading
Forex

1 OTC – Over the


Counter/ Spot Market

2 Decentralized

3 The Biggest
Financial Market

Not controlled by any


4 Exchange or Government
Facts of Forex Trading

EUR/USD
EUR IS BASE CURRENCY (1st)
USD IS QUOTE CURRENCY (2nd )

Bid / Ask Price


BID PRICE (SELL PRICE
ASK PRICE (BUY PRICE)
Currency Distribution in the FX market
90%
80%
80%

70%

60%

50%
39.10%
40%

30% 25.00%
19.00%
20%
12.90%
10% 7.60% 6.40% 5.30%

0%
USD EUR JPY GBP AUD CHF CAD OTHERS

Because two currencies are involved in each transaction, the sum of the percentage shares of individual
currencies totals 200% instead of 100% The chart above shows just how often the U.S. dollar is traded in
the forex market. It is on one side of a ridiculous 84.9% of all reported transactions!
Currencies Traded
Currencies Traded

EURUSD - Euro Vs American Dollar EURJPY - Euro Vs Japanese Yen

USDJPY - American Dollar Vs Japanese Yen GBPJPY - British Pound Vs Japanese Yen

GBPUSD - British Pound Vs American Dollar

USDCAD - American Dollar Vs Canadian Dollar

USDCHF - American Dollar Vs Swiss Franc

AUDUSD - Australian Dollar Vs AmericaN Dollar


Vital Jargons
• Lot Quantity you Buy/Sell

• Spread - Difference b/w Buy & Sell Price

• Margin the minimum amount required for a trade

• Leverage - Buying Power offered by your Brokerage

• Pip 4 decimals

• Lot size Standard, Mini, Micro

• sWap Position carried over night charge


New York

Forex
Tokyo
London
Market
Hours

Moscow
Wellington Sydney Tokyo Singapore

Chicago
Forex Market is open 24 hrs a day Hong Kong

New York

Beijing
Toronto

Bombay
London

Berlin 24 Hours of Trading Dubai

Frankfurt Paris Zurich Moscow


Market Session
There are 3 Timings in Forex Market.

• Asian Session
21% of Daily Trading Volume, Japan, New Zealand, Singapore, Hong Kong. USD/JPY,
EUR/JPY, AUD/JPY Pairs are best to trade at this time

• European-London Session –
50% of Daily Trading Volume, London alone accounts for 33%, Germany, France,
Switzerland & London. EURUSD, GBPUSD, EURGBP, EURCHF will be more active in this
session Overlapping will Occur between European Markets & American Markets. So
Trading volume will be high.

• us session –
25% of Daily Global Trading Volume, EURUSD, GBPUSD, USDYEN, USDCHF, USDCAD pairs will
be more active. Many Economic Data related to US may be released and big price
movements may occur.
C.M.P
SELL

C.M.P

C.M.P
BUY

C.M.P
Thanks You Lets Meet on our next session

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