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Follow the Leader Trading System by Anthony Gibson
Follow the Leader Trading System by Anthony Gibson
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Description
A simple but effective strategy making consistent profits on the Footsie100
PRICE ÂŁ20
Anthony Gibson 2009.
How would you like to learn a simple trading technique that will take just 5 minutes of your time each evening?
If you are an experienced trader or have never traded before, implementing the 6 simple steps below will make you a winner.
Turn on your TV
Switch on the teletext
Go to the markets page
Note the close on the two market pairs (around 10.00pm)
Log into your trading account
Place your order and leave the trade to run until the following eveining
It is a fact that the one of the markets used in this strategy dictates the direction of the other. This simple plan exploits this fact. Turning what should be a 50% chance of getting the market right into at least a 75% chance.
Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : Follow the Leader Trading System by Anthony Gibson
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