Foreign Exchange (Forex [ FX]) is the global largest, volatile, bidirectional Future Market and is a Perfect instant, genuine online CFD (Contract for Difference) trading marketplace. A bidirectional future market means profit/loss happens in future market flow – either if the market will go down (do SELL, then buy later) or up trend (do BUY, then sell later). So, this http://www.fxtimes.wordpress.com is a simply quick, easy & reliable educational platform. Be Your Own Boss, and EARN more than your Employed Friend, how?

What is a Crexmos (Crypto Forex, Commodity and Stocks)_ Market?
I, Ashok Limbu, coined the term ‘CREXMOS’ to assemblage the market options: Crypto, Forex, Commodity, and Stocks). It runs 5 Days (Monday-Friday) a week that goes on 24Hr. Cryptocurrencies run 7 days a week.
* Currency Exchanges Rates (between two currencies called ‘Market Pairs”),
* Cryptocurrency : Bitcoin (BTC), USDT (Tether), Ethereum, BTCUSD, Dogecoin etc. You need a crypto wallet. The most popular one is Binance. link to open a/c :

https://accounts.binance.me/en/login?return_to=aHR0cHM6Ly93d3cuYmluYW5jZS5tZS9lbi9hY3Rpdml0eS9saW1pdGVkLXJlZmVycmFsL215Ym94My9leHBpcmVk

* Future Metals (Gold[Au], Silver[Ag], Copper[Cu], etc..),
* Future Commodities (Crude Oil, Natural Gas, Agro products etc..).
* Stocks (companies – Apple, Tesla, Microsoft, Facebook etc.)

Basics of TRADE
. One Transaction Complete: Buy to Sell; Sell to Buy (Open and Close positions). If you don’t complete it, unrealized Profit/Loss will not be yours.
. Trade State [Profit (TP) or Loss]
. Balance : Initial deposited money for Trading.
. Equity: balance ± Trade Profit (TP) or Loss)
. Margin Level: This is the ratio of Equity to Margin.
. Margin: $$ required to open a trade position, and ‘locked up’.
.Free Margin: Equity-Margin
.Margin Call : Backup Money ASAP required due to loss, else Equity hit will empty your Balance.

Many free online analyst and brokers provide the trade signals (Market Pairs, Buy/Sell, Stop Loss [SL], Take Profit [TP] levels).

WHAT IS YOUR GOAL?
TAKE PROFIT (TP) only. Universal Formula is only PROFIT= HIGH SELL PRICE – LOW BUY PRICE. Profit Opportunities everywhere, every time. Remember, You can Sell First when price is on high, and wait to buy when the market price goes down, the TP is positive.

Eg. If a trader enters a long position on GBP/USD at 1.5000 and it moves to 1.5040, the price has moved 40 pips in the trader’s favor, potentially leading to a profit if the trade is closed. On the other hand, if the trader goes long on GBP/USD at 1.5000 and the exchange rate falls to 1.4960, the price has moved 40 pips against the trader, potentially leading to a loss on the trade if it is closed.

SL fxtimes

Forex Market pairs: GBP/USD
Trade option: (BUY to SELL) or (SELL to BUY)
Open Position (Entry): 1.5000
Stop Loss (SL) : 1.4980
Take Profit 1(TP1): 1.5040
Take Profit 2 (TP2): 1.5080

Loss-risk minimizing management) : At least overall 70 % monthly transaction should be on TP, 30% loss with Stop Loss (SL) system. Also in each transaction, your TP should be at least 3 times greater than SL. Pips can be used for the calculation of position size.

A trader must determine the amount of capital they are willing to risk per trade. If this is 1% per trade, they could make a minimum of 100 trades before their capital is wiped out. If the trader’s account has a balance of $5,000 and they are willing to risk 1% per trade, this equates to $50 per trade.

If the trader risks 1% of his $5,000 balance per trade for a micro lot ($0.10 per pip movement), the position size would be $50 / (50 pips x $0.10) = 10. Therefore, the trader’s position size would be 10 micro lots.

ESSENTIAL BASIC TECHNICAL TERMINOLOGIES

What are CFD, Derivatives?
CFD – Contract for Difference is a legally binding agreement between two parties, typically described as “buyer” and “seller”, stipulating that the buyer will pay the seller the difference between the current value of an asset and its value at the contract time. CFDs allow traders to trade in the price movement (pip or pipette) of securities and derivatives. Essentially, CFDs are used by investors to make price bets as to whether the price of the underlying asset or security will rise or fall. It is the Capital Market.

The most common underlying assets for derivatives are stocks, bonds, commodities, currencies, interest rates, and market indexes. Derivatives are financial investments that are derived from an underlying asset. A derivative is a contract that derives its value and risk from a particular security (like a stock or commodity)—hence the name derivative. Derivatives are sometimes called secondary securities because they only exist as a result of primary securities like stocks, bonds, and commodities.

In a cash (spot) market, purchasers take immediate possession of goods at the point of sale. This can be contrasted with derivatives markets, where investors purchase the right to take possession at some future date. Stock exchanges are considered cash markets because shares are exchanged for cash at the point of sale.

What is Pips?

A “pip” stands for “price in percentage” or “price interest point” and is the smallest value of change within a currency pair when forex trading. Many currency pairs are priced to four decimal points, an example would be GBP/USD moving from 1.4000 to 1.4001. In forex trading, the smallest price change is the last decimal point. for every pip or point that a currency’s value varies, this will result in profits or losses for the trader, depending on the direction that the market heads. Here, the price has moved by one “pip”. Traders use pips to measure price movements in currencies. Determining the number of pips in a certain price movement is a straightforward process, although it depends on the forex pair being traded.

EUR/USD = 1.60731 – 0.0003 is the pip
EUR/USD = 1.60731 – 0.00001 is the pipette
Pip Change: EURO/USD = 1.23234 and 1.23244 is 1 pip. The fourth decimal place is the pip, and the fifth decimal place is the pipette.

Pips

Pip value formula: The formula to calculate the value of a pip for a four-decimal currency pair is: Pip value = (0.0001 x trade amount) / spot price

Let’s assume we will be using a 100,000 unit (standard) lot size. We will now recalculate some examples to see how it affects the pip value.

USD/JPY at an exchange rate of 119.80: (.01 / 119.80) x 100,000 = $8.34 per pip
USD/CHF at an exchange rate of 1.4555: (.0001 / 1.4555) x 100,000 = $6.87 per pip

In cases where the U.S. dollar is not quoted first, the formula is slightly different.

EUR/USD at an exchange rate of 1.1930: (.0001 / 1.1930) X 100,000 = 8.38 x 1.1930 = $9.99734 rounded up will be $10 per pip
GBP/USD at an exchange rate of 1.8040: (.0001 / 1.8040) x 100,000 = 5.54 x 1.8040 = 9.99416 rounded up will be $10 per pip. What is the Spread = Ask price – bid price.

_____________________ what is LOT ?

A lot is just a number of currency unit. The greater the lot size, the more money you’ll need to put down or leverage you’ll need to use – and the greater each pip movement value will be magnified.

Lot size	Number of Units	MT4 Notation	Pip Values
Standard (1:1)	100,000	1 Lot	1 pip = $10
Mini (1:10)	10,000	0.1 Lot	1 pip= $1
Micro (1:100)	1000	0.01	1 pip= $0.1

Which lot size is better for beginners?
A micro lot is 1% of a standard lot (100,000 x 0.01) = 1,000 units of a base currency. Therefore, when you open a trade with a 0.01 lot, you will trade 1 micro lot. Micro lots are the smallest tradable lot available to most brokers and are a good starting point for beginners.

What is the LEVERAGE?

For Trading EUR/USD, you need $100,000 equity- which most traders don’t have. Therefore, a forex broker suggests a way to benefit from something called- Leverage. So, brokers also Huge deposit money amounts in the trading platform. Leverage is borrowed capital for an investment provided by a broker and “amplified returns” from a trade, but you do not have to invest all this money – by yourself. For trading one standard lot for a pair, the deposit should be equal to $100,000. As the standard leverage is 1:100, you may deposit only $1000 (with a minimum), and the broker will cover the rest. The leverage size depends on the broker of your choice, and in a competitive broker market, they give higher leverage to clients. If trade is on loss, it is equivalent to leverage loss. Usually, it is expressed in Ratio:
1:10 (Ideal ratio for new beginner trader)
1:100 ( With 1$ can trade up to 100 times the market minimum required equity). With your limited $1000 account equity, you can trade (open position) for up to a higher market value of $100,000 lot size.

HOW TO START

PRACTICE DEMO: A week long for Basic course only- 2 HRs everyday. Practice for 6 months on DEMO account with $ 1000, see if you make it $50,000 without equity hit, AND your trade transaction number should be at least 100 times independently. Because, behind every successful trader, there are a lot of unsuccessful years.

Computer, Mobile or TABLETS Hardware – 15 inch Laptop – 8 GB RAM – Use Mouse – Internet Service (1 Mbps), Money (US $ 500). TABLETs are better, so I prefer IPAD PRO 12.9 inch, Samsung Tab ultra or HUAWEI company’s 12 inch Matebook. Mobile (POCO F3/F4 GT best) 5G, 8 GB, 256 GB ROM, 6.77inch screen size.

Trade Analysis :
A responsive broker is reliable (most brokers give you free trade points).

Fundamental analysis- Country NEWS also affects market trends.
Sentimental Analysis plays usually while trading from your Experience, Fear, Greed, Hope. Technical Analysis, you should learn Candlesticks, Chart Trends, and Indicators to predict the market in advance.

Trading Software – Download FX Pro Meta Trader (Client Terminal) 4/5 from http://www.fxpro.co.uk for trading purposes or learning or Brokers give you their own platform.

Features of a TRADE APP or Software Platform:
ICONS: Just Below Menu that helps to take orders, Zoom In/Out, Draw Analysis Tools.
Periodicity: Market in Minutes (M), Hours (H), Daily (D), Monthly(M) display. (Note: Watch Market in M1 (Minute 1) for Excitement of FOREX MARKET).
Market Watch: Left Pane- Display Market products like Currency Ex, Commodities, and Futures Market.
Editable Chart: White/Black/Navy-Blue Color Background that shows a real market.
Toolbar: Below Pane displays your Transaction details, Market display in numbers, Profit/Loss, etc.

Trading Strategy 1: Learn Basics to Become an Expert: First Learn about Handling Trading Software and understand Trend/Chart Patterns and Indicators under this Technical part.

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