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FX StudyGroup Cheatsheet PDF

The document outlines a Forex and Gold Trading Bootcamp focused on strategies to make between $900 and $9,000 in 48 hours or less. It includes key concepts such as currency pairs, PIPs, lot sizes, and trading risks, emphasizing the importance of understanding market dynamics and risk management. Additionally, it provides technical and fundamental analysis tools, along with instructions for using specific trading software.

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Seagal Umar
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0% found this document useful (0 votes)
74 views10 pages

FX StudyGroup Cheatsheet PDF

The document outlines a Forex and Gold Trading Bootcamp focused on strategies to make between $900 and $9,000 in 48 hours or less. It includes key concepts such as currency pairs, PIPs, lot sizes, and trading risks, emphasizing the importance of understanding market dynamics and risk management. Additionally, it provides technical and fundamental analysis tools, along with instructions for using specific trading software.

Uploaded by

Seagal Umar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Forex & Gold Trading Bootcamp Break-Out Session

How To Consistently
Make $900 - $9,000 in
48 Hours or Less
CHEAT & ACTIVITY SHEET
MARK SO (THE HANDSOMEST FOREX TRADER THAT EVER EXISTED ;-)

MARK SO (THE HANDSOMEST FOREX TRADER THAT EVER EXISTED ;-) 0


1 How To Consistently Make $900 - $9,000 in 48 Hours or Less

Forex and Gold Trading Bootcamp


Cheat Sheet:
1. Currency Pairs = Pricing convention used in the Forex Market
Ex.

EUR / USD = 1.3392

Base Counter
 Proper Way To Read Currency Pairs: “1 Euro = 1.3392 US Dollars”
 1.3392 is the price of the Euro quoted in US Dollars

2. PIP = Price Interest Point.


= It is how we measure Profits / Losses in the Forex Market.
= It is the 5th Significant digit in the quoted price
Ex.

1.3392 The number ‘2’ is the 5th significant digit.


 This is where we begin measuring PIPs.
 If 1.3395 goes to 1.3396, then the price moved by 1 PIP

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work
against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of
experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from
an independent financial advisor if you have any doubts.
2 How To Consistently Make $900 - $9,000 in 48 Hours or Less

3. Lots = Trade Size.


= Trade Size Affects the Dollar Value of a PIP

Lot Size Dollar Value of a PIP


1K $0.10 (approximately)
2k $0.20
3k $0.30
* The FXCM Trading Station Automatically Calculates the Dollar Value
the moment you select your lot size.
* When you have an open position, the FXCM Trading Station
Automatically Calculates the Dollar Value in Real Time.

4. Volume Guide = Follow This Guide When Trading

Account Balance Max Lot Size


$300 - $999 10K
$1,000 - $1,999 20K
$2,000 - $2,999 30K
$3,000 - $3,999 40K
$4,000 - $4,999 50K
$5,000 - $5,999 60K
Etc.

 Placing ‘Market’ Orders = Trade at current Market Prices

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work
against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of
experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from
an independent financial advisor if you have any doubts.
3 How To Consistently Make $900 - $9,000 in 48 Hours or Less

Long = Click on “Buy”


Ex. Long EUR/USD

Click on “Buy”

Short = Click on “Sell”


Ex. Short EUR/USD

Click on “Sell”

 Placing Stops and Limits


After Placing the Order. Look at the “Open Positions” Tab:

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work
against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of
experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from
an independent financial advisor if you have any doubts.
4 How To Consistently Make $900 - $9,000 in 48 Hours or Less

Click on the blank space under the “Stop” heading. A Dialog box
like the one below will appear:

Make Sure the


Make Sure the “In Pips” boxes
“Stop” and are checked for
“Limit” Buttons both Stop and
are checked. Limit

Once “In Pips” have been checked, enter the Pips in the rate boxes.
Stops should be negative Pips, while limits are positive Pips.
Once Done, Click “Ok”.
The complete order will look like this:

You Are Done!


Now You Wait and See If You Made Money
(Or Lost Money)
Let’s Begin Analysing As A Group!
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work
against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of
experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from
an independent financial advisor if you have any doubts.
5 How To Consistently Make $900 - $9,000 in 48 Hours or Less

Analysis Activity Sheet

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work
against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of
experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from
an independent financial advisor if you have any doubts.
6 How To Consistently Make $900 - $9,000 in 48 Hours or Less

 Technical Forecasts for The Rest of June 2013:


EUR = ____
USD = ____
CHF = ____
GBP = ____
JPY = ____
AUD = ____
NZD = ____
CAD = ____
 Fundamental Forecasts Activity Per Day:
Fundamental Cheat Sheet:

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work
against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of
experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from
an independent financial advisor if you have any doubts.
7 How To Consistently Make $900 - $9,000 in 48 Hours or Less

Fundamental Key Words:


GDP Inflation Monetary Policy

 Employment  Price  Interest Rates


 Unemployment  CPI (Consumer  FOMC Minutes
 Non-Farm Price Index)  Press Conferences
Payrolls  Inflation  Asset Purchase
 ADP Payrolls  HPI (Home Price Programs
 Manufacturing Index)  Etc.
 Retail Sales  Etc.
 Production
 Current Account
 Trade Balance
 GDP
 Consumer
Sentiment
 Government
Spending
 Private
Investments
 Durable goods
 Factory Orders
 Etc.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work
against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of
experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from
an independent financial advisor if you have any doubts.
8 How To Consistently Make $900 - $9,000 in 48 Hours or Less

Fundamental Deconstruction:

EUR = ____

USD = ____

CHF = ____

GBP = ____

JPY = ____

AUD = ____

NZD = ____

CAD = ____

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work
against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of
experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from
an independent financial advisor if you have any doubts.
9 How To Consistently Make $900 - $9,000 in 48 Hours or Less

Using Mark So’s Unlitrader Software:


Go to Http://unlitrader.com

Login with the Username and Password That Will Be Given To You
Once Logged in, You Will See The Following:

After 4 Easy Steps, the Software Will Tell You What To Trade.
Place Orders Based On What You Can Afford.
You Are Done!
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work
against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of
experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from
an independent financial advisor if you have any doubts.

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