Courses Infomation
The Big Picture Trading Strategy by Avery T.Horton Jr.
The Big Picture Trading Strategy by Avery T.Horton Jr.
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.
Avery T.Horton Jr. – The Big Picture Trading Strategy
Right now I’m sitting on a beach in Mexico, watching the sun slip down in the western sky and enjoying the warm sea breeze. It’s one of my favorite places on the planet, and because of the flexibility and freedom I have as a profitable trader, I get to come here often. A little relaxation, recreation, rejuvenation… all good for the body, the spirit, and for my trading too.
Yes… every now and then you need to kick back, take a deep breath, and look at“The Big Picture.” That’s how I trade. It’s simple. Uncomplicated. And that’s what’s missing from most traders’ stockpiles of tactics, techniques, and “tricks.” The ‘simple’ and ‘uncomplicated’ are nowhere to be found.
I won’t list all that you will find: the fancy schmancy indicators and oscillators and regurgitators, as well as the analyze-this and analyze-that nonsense that fogs the brain and steams the windows. While they may serve their purpose in some circles, for the trader who’s looking to make a profit, there’s a better way. A simpler way.
What is it, you ask? Well, you can find out in my new eBook “The Big Picture Trading Strategy,” my gift to you. It lays the groundwork for my own trading style, as well as the details of a mainstay method of mine, aptly titled, the Big Picture Strategy.
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 : The Big Picture Trading Strategy by Avery T.Horton Jr.
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