Courses Infomation

Futures and Commodities Home Study Course by George Fontanills & Tom Gentile

Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

Overview

Powerful technical analysis tools help you take advantage of leverage in trading futures and commodities.

The Futures and Commodities Home Study Course off ers a wealth of educational resources for traders of all levels looking to diversify into futures and commodities.

Today, fluctuations in commodity prices impact virtually every sector of the world economy. Futures markets represent a vast global arena that allows traders to tap into the numerous opportunities created by commodity price fl uctuations. This home study course will show you the way.

Your course includes:

A Quick Start Guide
2 User Guides
6 DVD Set

With the Futures and Commodities Home Study Course you can:

Understand how to use futures trading to your advantage
Learn the fundamental factors that can affect markets
Discover critical money management concepts, the importance of trading psychology, cutting edge trading techniques and options trading strategies for different market situations
Learn the alternatives to futures such as commodity-related ETFs
And much more…

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.

Salepage : Futures and Commodities Home Study Course by George Fontanills & Tom Gentile