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.