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Tradeempowered – Advanced Pattern Trader Course
Tradeempowered – Advanced Pattern Trader Course
Archive : Tradeempowered – Advanced Pattern Trader Course
Advanced Pattern Trader Course
The Advanced Pattern Trader Course a revolutionary new program designed to teach traders the skill of pattern recognition.
Whether you’re a brand new trader or an experienced professional, if you’re ready to learn proven techniques that will help you take your trading to a whole new level then look no further!
Devote a weekend to this course and finish it all at once, or take your time and finish the videos when you have time during your lunch break, either way this course is easy to consume and formatted in a way that allows you to work at your own pace.
Each video covers a specific concept from beginning to end so there’s no jumping from one incomplete thought to another. Plus, all of the videos are downloadable so you can save copies to your hard drive and review them for years to come.
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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