Trading currencies allows you the opportunity to make moneyai??i??big moneyai??i??no matter what the stock market is doing. It can make you money even if EVERY equity market on the planet suddenly crashed and burned.
Thatai??i??s because currencies provide you with the ULTIMATE in simplicity. Picking the right stock out of some 40,000 on the New York Stock Exchange can be like trying to find a needle in a haystack. But when trading currencies, you only need to consider eight major currencies:
The U.S. dollar … the euro … the British pound … the Japanese yen … the Swiss franc … and the New Zealand, Australian and Canadian dollar.
Itai??i??s the largest and most liquid market in the world with more than $5 trillion trading hands every single day. This massive liquidity makes it easier for you to get in and out of the market at or near your target prices.
Currencies also give you the power to multiply your money 20 times overai??i??maybe moreai??i??all in a matter of a few weeks or less.
Editorai??i??s Note:Ai?? Master the basics of currency trading, simply and easily.
Four Simple Rules That Help Us Win 81% ofAi??theAi??Time
In 2015 we won more than 81% of our trades following four simple rules.
RULE #1: To multiply the chances of success on each trade, we always pair the strongest currencies against the weakest.Ai??
The best currencies to buy (or to ai???go longai???) represent strongAi??economies.
So, we look for countries whose economic prospects are improving with economic data beating expectations and a central bank that is ideally in the process of or looking to raise interestAi??rates.
Conversely, the best currencies to sell (or to ai???shortai???) represent weakeningAi??economies.
So, we look for countries that are struggling because of weak export activity, domestic troubles, political uncertainties or other significant reasons that would require the central bank to print money or slash interestAi??rates.
Pairing strong with weak gives you not just one, but THREE ways you could makeAi??money:
If the strong currency rises but the weak currency goes nowhere, you could make money …
If the weak currency falls in value but the strong currency goes nowhere, you could make money …
And if the strong currency rises and the weak currency falls, you could make even more money!
RULE #2: To help get the TIMING right ai??i?? and to make more money faster ai??i?? we rely heavily on the economicAi??calendar.
Just as earnings reports make stocks move, economic reports are the catalysts that make currenciesAi??move.
Strong GDP growth, unemployment, and retail sales reports often send the dollar spiraling higher, for example. So do announcements of interest rateAi??hikes.
And of course, weak reports ai??i?? or announcements of interest rate cuts (like those weai??i??ve been seeing out of Europe lately) tend to do just theAi??opposite.
Thatai??i??s why we have developed proprietary tools to help us identify upcoming reports that are likely to surprise the markets ai??i?? and we USE those reports to select the trades we feel are most likely to beAi??profitable.
Editorai??i??s Note:Ai?? Trade currencies like a proai??i??five easy lessons.
RULE #3: To buy and sell at the most advantageous prices, we watch the charts like a pair of hungryAi??hawks.
The last thing you want to do is to buy a currency near a resistance level ai??i?? itai??i??s like a glass ceiling that could trigger aAi??retreat.
Nor do you want to sell just above significant support ai??i?? support levels can trigger rallies and missing them could prove costly forAi??you.
Thatai??i??s why we use technical analysis to help identify the trading ranges for each position ai??i?? itai??i??s the only way we know to buy low and sellAi??high!
RULE #4: To stay safer, we always use prudent and powerful risk management techniques.Ai??
Using limit orders and stop-losses on each trade is more than just prudent: It is absolutely crucial for helping to limit risk of loss and maximize profitAi??potential.
Thatai??i??s why we always use an easy-to-follow risk management strategy with every trade weAi??recommend.
Will all of our techniques eliminate all your risk or guarantee success?
Absolutely not! Look, with any trading strategy there is going to be risk of loss. Plus, leverage cuts both ways: It can also amplify your losses.
But hereai??i??s what we can promise ai??i?? we are going to do everything in our power to help you master the basics of currency trading AND reap the huge profit potential that this marketAi??offers.
Now, thanks to our ULTIMATE Forex Trading Courseai??i??you can master the basics and confidently build wealth with currencies!
We like to call it ai???Currency Trading Made Easyai???
Our new five-module course on currency trading is your exclusive guide to mastering the basics of trading the worldai??i??s 8 major currencies.
Whether youai??i??re a beginner or a seasoned pro, youai??i??ll find cutting-edgeai??i??yet simpleai??i??strategies to help take your currency trading skills to the next level.
- How the currency market works:Ai?? A basic primer and description of the worldai??i??s 8 major currencies and how to trade themai??i??simply and easily
- How currencies can make you big money whether the stock market is rising or falling
- How to speak the currency traderai??i??s ai???languageai??? to master all the terminology youai??i??ll need to succeed
- How to successfully invest in currencies using plain English ai???Buyai??? and ai???Sellai??? signals that are so easy to read and understand, a child could follow them
- How to go long or short with no frustrating ai???uptickai??? restrictions you encounter when trading stocks.
- How to accurately analyze all of the market forces at play ai??i??which currencies rise, and which fall based on whatever conditions the market presents
- How you can know when itai??i??s time to buy and when itai??i??s time to sell
- How to use leverage to go for maximum profits with minimum risk
And much, much more.
You will also be given lifetime access to the videos and course materials including workbooks and transcripts for all 5 modules!
Click here now to try our brand new course risk-free.