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Edges For Ledges by Trader Dante
Edges For Ledges by Trader Dante
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Tom Dante – Edges For Ledges
January Only.
Starting January 2017, Tom Dante is presenting a new and innovative service for serious traders.
Six days each week, you will receive a short, highly informative recording, to include:
– Monday’s Markets: A look at the best opportunities across the markets. I will guide you through the key areas to do business including entries, stops and targets.
– Tuesday’s Trades: I will record every single trade that takes place that day and provide a play by play look at them after hours.
– Wednesday’s Workshop: A discussion of profitable strategies that you can use in your own trading.
– Thursday’s Tips: Specific tips on best practices covering all aspects of trading.
– Fixed Income Friday: For Bund traders.
– Saturday’s Statistics: A close look at specific statistics for individual markets to assist you in your decision making.
The recordings will be around 10 to 15 minutes.
SIZE: 760 MB
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.
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