Forex trading for beginners PDF

Forex trading for beginners PDF

Forex trading for beginners PDF  The goal of this guide is to give you practice knowledge so you can understand Forex trading basics and trade by yourself.

Category: Forex

Author: Tutorial from Comparic.com

Language: English

Free Download link: At the end of the post

Introduction

This is a forex trading guide for beginners. I try to answer all questions about Forex trading. If you are new to trading or you traded stocks and want to learn more about Forex trading, then this guide is for you.
The goal of this guide is to give you practice knowledge so you can understand Forex trading basics and trade by yourself. If you don’t understand some terms, go to sites like Investopedia, they covered all terms like margin, pip and many others.

Table of Contents- Forex trading for beginners PDF

Part 1
How can I start Forex trading?
Practice forex trading – demo accounts
How to learn to trade forex 12
Forex trading questions – our Forex tips 18
Trading plan in Forex Trading 26
Part 2. Forex trading tools and strategies  28
Which trading tool is best for you?  28
Which strategy is right for you? 29
Pivot Points 30
Strategy based on Pivots  32
Pivot Points trade examples  33
Fibonacci trading tools 37
Popular Fibonacci tools  37
Setup in Metatrader  40
Fibonacci trading in Forex   45
How to trade with Fibonacci?  48
Fibonacci trade examples  49
Trailing stop 52
How to use trailing stop loss  52
Best settings for trailing stop loss  53
Time frame for trailing stop loss 54
Strategy for trailing stop loss  54
Trade examples  56
Moving averages in forex trading (and not only FX) 58
Moving average as a trend detector 60
Moving average as a support or resistance   62
How many averages should you use? 63
Rainbow chart  64
GMMA. 72
Part 3. Money and position management 77
How to set stop loss in forex trading  77
Trade partial close in Metatrader  85
When to take profit  90
Trading journal  97

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