10.5.14 Weekly Movers Outlook - How To Overcome Hesitation When Placing Trades
Channel: Each 1 Teach 1
Date: 05/10/2014

Welcome another Weekly Movers Overview, In this session we discuss next weeks weekly movers along with a discussion of a common issue with traders "Trouble Pulling the Trigger"

Weekly Movers
Short: AUDUSD, EURUSD, (EURGBP)
Long: USDJPY, (GBPAUD) (GBPJPY)

Note: There are not to be taken as trading signals but as recommended pairs to trade your personal trading system. If you would like to learn more information about trading systems and learning how to trade email us at UnitedTradersRG@gmail_com

Happy Trading

See Weekly Movers Outlook: https://www.youtube.com/watch?v=EzUzU53cuNU&list=PLurGQdUafXPFnipG-qXV23xBzjhWLpl-u

Trade Forex? Why?

There are many benefits and advantages of trading forex. Here are just a few reasons why so many people are choosing this market:

No commissions in Forex Trading
No clearing fees, no exchange fees, no government fees, no brokerage fees. Most retail brokers are compensated for their services through something called the "bid-ask spread".

No middlemen
Spot currency trading eliminates the middlemen and allows you to trade directly with the market responsible for the pricing on a particular currency pair.

No fixed lot size in Forex Trading
In the futures markets, lot or contract sizes are determined by the exchanges. A standard-size contract for silver futures is 5,000 ounces. In spot forex, you determine your own lot, or position size. This allows traders to participate with accounts as small as $25 (although we'll explain later why a $25 account is a bad idea).

Low transaction costs in Forex Trading
The retail transaction cost (the bid/ask spread) is typically less than 0.1% under normal market conditions. At larger dealers, the spread could be as low as 0.07%. Of course this depends on your leverage and all will be explained later.

A 24-hour market in Forex Trading
There is no waiting for the opening bell. From the Monday morning opening in Australia to the afternoon close in New York, the forex market never sleeps. This is awesome for those who want to trade on a part-time basis, because you can choose when you want to trade: morning, noon, night, during breakfast, or in your sleep.

No one can corner the market in Forex Trading
The foreign exchange market is so huge and has so many participants that no single entity (not even a central bank or the mighty Chuck Norris himself) can control the market price for an extended period of time.

Leverage in Forex Trading
In forex trading, a small deposit can control a much larger total contract value. Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum.
http://youtu.be/1g9NIBIjUvo

http://youtu.be/Wm2JuLslqQ8

Play-by-Play Trade Playlist: http://www.youtube.com/watch?v=kTaFuuZ4ct4&list=PLurGQdUafXPF6-DnmJsYa-HrKIIkYD8O8&feature=share


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