Forex Jump-Start: Beginners Video Course
Chapter 2: Chart reading made easy
Wed, Mar 19 2008, 11:49 GMT
by Adam Rosen
4xLounge | View company's profile
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Summary
A concise discussion of trend lines, and identifying range bound and trending market conditions & common chart patterns. This simple approach helps bring even the novice trader up to speed in reading the charts.
Published on
Mon, Feb 16 2009, 10:34 GMT
Archive
- Chapter 10: Trading the FX market with trendlines
Published On Mon, Feb 16 2009, 10:22 GMT
- Chapter 9: Trading Economic Numbers (News Trading)
Published On Wed, Jul 23 2008, 15:03 GMT
- Chapter 8: The Market Barometer
Published On Wed, Mar 19 2008, 12:47 GMT
- Chapter 7: The Art in Placing Stops
Published On Wed, Mar 19 2008, 12:33 GMT
- Chapter 6: Money management discussion & additional trading tips
Published On Wed, Mar 19 2008, 12:33 GMT
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Legal disclaimer and risk disclosure
Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies such as 'stop-loss' or 'limit' orders.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. 4xloune.com is not responsible for communication failures or delays when trading via the Internet. 4xlounge.com employs back up systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. 4xlounge.com is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. 4xlounge.com has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
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