Forex training
Forex training
Hello friends, I plan to hold an online group class so that costs are reduced and everyone can use it.
The first course will start next week, Monday, with the following topics:
For one month 20 sessions start date 4-1-2021.
Introduction to Forex and Market History.
Familiarity with the basics.
Definitions of terms.
Meta Trader software training.
The importance of time periods and their use.
Candlestick science and its important parts.
Methodology and trend recognition workshop.
The first part of mental management in the market.
Warren Buffett-style capital management training.
Examining resistance and support.
Definition of index and its importance in the market.
The second part of mental management in the market.
Introducing news sites.
Teaching news reading and how to use it in analysis.
Fibonacci training.
Important indicators in the market and how to use them.
The third part of market management.
Hedge strategy training.
Exclusive gold analysis training.
Double analysis training.
Important points of the market.
The above topics are important and other topics are discussed in the meetings.
The cost per person is $ 50.
Armenia, Yerevan
Reza Niknam
Contact number: 37493527530
What is the Forex Market? (Forex)
Foreign exchange market, abbreviated as Forex or FX, is an extraction of the terms Foreign Exchange Market. Unlike stock exchanges, Forex does not have a traditional and centralized market. Major forextrading centers are located in several countries, including the United Kingdom, the United States and Japan. The global foreign exchange market has been cohesive since 1971, and in 1998, with the advancement of technology, began its development.
Two major historical events played an important role in the creation and expansion of the Forex market; Gold Standard and Burton Woods System. Trading in this market means converting one currency to another at a certain rate. The exchange rate is determined and explained in a free system in proportion to the volume of supply and demand among traders around the world. Currency exchange rates in the Forex market are a valid criterion for international trading in all areas of the economy.
Central banks, commercial banks, exchange offices and real speculators, Macro financial institutions, Investment companies are among the main players in the foreign exchange market. Now we need to know how to trade or buy shares in the Forex market?
In the Forex market, as in the stock market, transactions are done through brokerage firms that are connected to each other through an interbank channel and act as an intermediary between the buyer and the seller. Currency brokerage firms usually operate under the supervision of regulatory bodies.
Due to the decentralized nature of the Forex market, these organizations try to prevent various problems and violations by setting rules and following the activities of brokers. It should be noted that these institutions themselves are under the supervision of the economic apparatus of large countries.
Today, there are many regulatory bodies around the world, the most important of which are NFA USA FCA UK FINMA Switzerland BaFin Germany MifidEU ASIC Australia, FMA New Zealand and CySECCyprus. As far as the Forex market is concerned, the manner and working hours of this market are also discussed.
According to the international business calendar, the market is open 24 hours a day from Sunday to Friday. According to the major exchange centers and different time zones, there are 5 main trading sessions in this market, which are in Sydney, Japan, Frankfurt, London and New York respectively.
Each of these trading sessions lasts an average of 9 hours. And usually the main activities of East Asian and Uranus traders in the Japanese market, the Europeans in the London and Frankfurt markets and the Americans in the New York market.
Of course, it is important to note that there are no restrictions on trading at any time of the day or night in this market, and anyone from anywhere in the world can trade in the trading session of their choice.
Due to the international and strategic nature of the Forex market, important news and events of the major economic powers during the day, have a direct and significant effect on market fluctuations. Dailyfxand Investing و have been created, and their economic news calendar informs traders of important events ahead.
Today, due to the expansion of software and financial facilities, Forex brokers, in addition to currency pairs, have made it possible for their clients to trade all kinds of precious metals, oil, strategic commodities, shares of reputable international stock exchanges, and recently digital currency.
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