Freak Forex Technicals by Ken FX Freak, Freak University

Freak Forex Technicals by Ken FX Freak Freak University

Course Detail

Salepage: Freak Forex Technicals by Ken FX Freak, Freak University

Ken Chigbo, also referred to as “Ken FX Freak,” is my name. I have over ten years of extensive knowledge in the financial markets and a great deal of love for them.

I began my job as a market analyst and quickly became fascinated by the way the markets moved, what caused price swings, economic and political dramas, how to profit from a fundamental or technical analysis of the market, and many other topics. These are the kinds of things that captivated me.

When I worked as an analyst, hundreds of people listened to me every day and carefully considered what I was noticing about the market. supplying the required data to support a trader’s activity and operate as an extra tool for their fundamental and market-related needs.

I was eager to start assisting others since the general public valued my ability to simplify complex concepts for the average layperson. aiding in the understanding of global economic fundamentals.

One gigabyte (GB)

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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