Title: 2ways2wealth - Basics of trading
1 Basics of FX
Currency Trading, what am I buying and selling?
Currencies of different countries
Currency trading basically asks the question,
which currency has the strongest economy right
at this moment.
Australia or the USA
This is called a currency pair AUD/USD
If the Australian economy looks strong we would
buy Australian dollars. If the American economy
looks stronger we sell Australian dollars
2World Events
What makes the world tick?
The economic heartbeat of individual nations
How do traders anticipate what is about to
happen? How do traders interpret changes in
economies? How do traders keep up with it 24
hours a day?
How do we keep our fingers on this worldwide
pulse ?
The Answer is, that it is all too difficult!
Smart Traders Wait
Smart Traders do not keep up..............
3 Trend or Direction
Wealth FX indicates the direction of the trend Up
or Down
Smart traders only trade in the direction of the
trend
Wealth FX Buy and Sell Rules Assist you to go
with the flow
Wealth FX stops you swimming up stream
Wealth FX provides confidence to your trading
decisions
4Signal Generation
If an Up Trend is established
A clear Green Signal is generated
This signal tells the trader to BUY
5 A Typical Buy Trade
15 Pips (150)
-15 Pips (-150)
Your trade is protected you control the risk you
take
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1544 Pips Profit Potential
- Gold Line
- Buy Trade
- Set of Rules
- Check List
- Identify Entry Point
- Select Stop
16Signal Generation
If a Down Trend is established
A clear Red Signal is generated
This signal tells the trader to SELL
17 A Typical Sell Trade
Your can make money if the market goes up or down
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3973 Pips Profit Potential
40121 Pips Profit Potential
41121 Pips Profit Potential
- Gold Line
- Sell Trade
- Set of Rules
- Check List
- Identify Entry Point
- Select Stop
42- Gold Line
- Buy Trade
- Set of Rules
- Check List
- Identify Entry Point
- Select Stop
43- Gold Line
- Sell Trade
- Set of Rules
- Check List
- Identify Entry Point
- Select Stop
44 Recapping the Basics of FX
We are trading currency pairs AUD/USD
We can trade and make money gt Up or Down
We can control our risk at all times
Signals indicate when to Buy or Sell
Largest market and opportunity in the world
Placing Live Trades
45 Winning and Losing Trades
- Profiting from this distribution
46Trading Distribution Line
-1
-2 of your bank
-1 or L Trades A trade with a result of your
Average Losing Trade (ALT)
47Trading Distribution Line
2 of your bank
1
-1
-2 of your bank
1 Trades A trade with a positive result of
equal size to your Average Losing Trade (ALT)
These two actually cancel each other out as they
are the same size and equal in frequency and
occur about 25 each
48Trading Distribution Line
2 of your bank
1
-1
-2 of your bank
These three trades actually cancel each other
out as they are the same size and equal in
frequency and occur about 25 each
49Trading Distribution Line
4 of your bank
2
2 of your bank
1
0 of your bank
-1
-2 of your bank
2 Trades A trade with a positive result of
twice your Average Losing Trade (ALT)
Go to our Wealth FX Gold Line Money Management
System Spread Sheet
50Training Time Line
I
F
30 Trade
Live Trading
L
What amount of funds would you start trading with?
51Gold Club Advantages
- Live Trainers
- Personal Email Support
- Personal Mentoring
- Live Webinar Events (Weekly)
- Ongoing Training
- Circle of Benefit
52AFSL
Australian Financial Services License
53The Next Step
- Questions
- Clients who are training right now
- Decision
- Getting on board
- Installation
- Personal Trainer
- Training tools and videos