Forex Tradinghttps://www.fxcm.com/education/video-library/new-to-forex/what-is-forex/

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Forex

Close

Fundamental Analysis VS. Technical AnalysisFundamental Analysis• Consumer Price Index• Interest Rate(Forecast)• Gross Domestic Product• Employment/Unemploymet• Import/Export(Trade balance)

Technical Analysis• Exponential Moving Average• Relative Strength Index• MACD• Bollinger Bands• Donchian Channels

ANALYSIS

Fundamental Analysis• New Zealand= 1.75%• Australia= 1.50%• USA= 0.75%• Canada= 0.50%• Great Britain=0.25%• Europe= 0.00%• Japan= -0.10%• Switzerland= -0.75%

Technical Analysis• Exponential Moving Averages• Relative Strength Index• Donchian Channels

Buy Trend

Only look to buy

Chart Patterns• Support and Resistance(Supply & Demand)

• Trends

Trend TradingOne of the best strategy to always use is to always trade in the direction of the trend.

ONLY LOOKING TO BUY

TrendONLY looking to SELL

RISK MANAGEMENT • To avoid losing a lot of money in the

high volatile forex market we use stop losses and limits.

• A stop loss is where you would like to get out of a trade that is not going in the direction you predicted

• Limits is where you would like to exit out of a trade with a positive gain.