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Forex Club Introductory Part Two
Uploaded: 18.10.2008
Content: forex_club_2.rar 2001,53 kB
Product description
The second part.
International Exchange Trade Academy
"FOREX CLUB"
The content of the introductory lessons:
6 Basic concepts of technical analysis.
7 What is the "indicator"?
8 What is a "fundamental analysis"?
9 Trading Psychology.
10 Why do we need a trading system? Example bargain system.
Additional information
An example of a profit.
Expecting a rise in price of the euro, you buy in mid-August, 10,000 currency units at a price of 1.3500 dollars per euro. In late November, you already have the possibility to sell them at 1.4800 dollars per euro. In summer, bought 10,000 euros worth 13,500 dollars, and in November, the 14,800 dollars which gives net profit of $ 1,300.
In addition, for the purchase of 10,000 euros and a profit of $ 1300 is enough to have $ 100 and use the financial capabilities of the company «Forex Club».
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