free e-book

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03 June 2016

© Copyright sign Unicod: All Rights Reserved. 2016 Forex Holdings �1

Forex Holdings Our team is driven by one common goal: to help as many people as possible unlock the door to their financial freedom and achieve the level of wealth that we know is possible through trading.

Our program offer nothing but the best trader mentorship and consistency strategy and psychological part to help you be a profitable trader – efficiently and successfully.

We believe in equipping you in as many ways possible to succeed in the world of trading, so not only do we provide you with practical and informative program, we also give you access to our exclusive network of experienced traders.

www.forexholdings.co.za

CHOICE IS A BEAUTIFUL THING

Choose your office, pick your

own hours and be your own boss.by BRIAN MASSAGE

http://www.forexholdings.co.za


03 June 2016

➤ Allow you to access new earning opportunities using our Forex trading

strategies

➤ Give you the Forex training you need (in step-by-step detail) so you can identify,

execute and automate foreign exchange trades

➤ Let you discover how you can build a tangible secondary income using our

powerful Forex trading strategies

➤ Offer you guidance and support from forex holding’s team of professional and

experienced Forex traders

➤ Immerse you into the world of trading for five days surrounded by like-minded

individuals, professional coaches and traders


Who is Brian

The life of Brian PaxDynamic trader, entrepreneur, maverick, philanthropist and Motivational speaker are just a few of the terms used to describe Brian A multi-millionaire by his twenties, Brian has gone on to create and run one of South African most successful companies and blazed a path for the everyday-man in the street to walk towards financial freedom. Brian is proud to own South African top trader coaching company but his passion lies in not only sharing his most profitable knowledge but empowering people to take action.

Brian’s HistoryBrian’s career began in Global Capital Market Trading Company. He worked there as Account Advisor Global Capital Market Trading Company was one of the few foreign exchange trading floor in South Africa. His career quickly soared up with experience of working close to Professional Traders. Here he was lucky enough to be working around some of the very best traders in the world in likes of Mike Naidoo – with exclusive access to high-powered Forex traders every single day.

Using the very same trading strategies discovered on Global Capital Market trading floors, Brian’s personal trading account grew to the extent where it allowed him to make a choice. Leave or Stay? Already a wealthy man, Brian decided to retire as Account Advisor of firm. To set up a trading floor from his home. In just 3 short months from officially retiring, Forex Holdings was born.

With interest from family and friends, Brian started to share the ‘secrets’ of his trading success to ordinary people. Before he knew it, more and more people started to camp out at his house trading in any corner they could find! In just 3 short months from officially retiring, Forex Holdings was born.

Brian’s most recent speaking engagements include teaching at Nedbank Innovation Hub programme he then was receiving outstanding reviews. He personally owns one of the highest performing private trading floors in Morningside Sandton, which employs full time traders using the very same strategies Brian learned at Global Capital Market trading floors, and that he now teaches worldwide.



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TABLE OF CONTEXT

WHAT IS FOREX 4

WHY TRADE FOREX 5

Five New Forex Trader Tips 6

How Money is Made Trading Forex: Pips mean Profit 7

The 4 Major Forex Pairs 8

Learn to Trade Price Action 10

Identifying Trending and Ranging Markets 11

Choosing the Best Session to Trade 12

Treating your forex trading like a business 13

Forex Myths and Misconceptions 14

What does it take to be a successful forex trader? 15

HOW TO GET STARTED 16

WHAT YOU CAN EXPECT 16

FOREX EDUCATION PROVIDER 17

MAKE MONEY TRADING 17




03 June 2016

WHAT IS FOREX

The Foreign Exchange market, also known as the Forex market and Currency market is where

one currency is traded against another.

!

The Forex market operates 24 hours a day so trading opportunities are always available.

!

With a daily average turnover of $5.3 trillion dollars, the Forex market is the most liquid market

in the world.

!

You can make money when the market is going up or down.




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WHY TRADE FOREX

• Generate a primary or secondary income, tax free • Trade anytime and anywhere • Trade as little as 30 minutes a day • No qualifications necessary • Easy to get started with minimal investment • Risk only 2%




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Five New Forex Trader Tips

If you are starting to trade on the currency market, you’ll want to avoid pitfalls. Yes, if you are going to make as many pips as possible then you’ll want to get educated and be at least a little cautious. Here are some tips that might help you as you get started. 1 Take time to learn! It often happens that new traders in Forex get excited and lose money from overtrading believing that they’ve suddenly found the ideal, faultless strategy. There are no faultless strategies, but practice and education can go a long way to earning more in the long run. 2 Have a System Many things in life require a system and indeed, Forex traders without a system won’t get very far. It’s not that you cannot ever change your system, but each time one is applied it should be tested for a decent amount of time. In a system you set both your entry and exit points, you can have more than one, but stick to what you can manage, or things will get messy. And messy won’t make money in trading. 3 Don’t trade on your emotions After the initial excitement passes. And you are applying your systems. When you make money you’ll get a high. For most people this continues throughout one’s trading career. A good Forex trader learns how to manage this very well. A good idea might be to decide that on any given day, after a win, you will not trade again until at least the following day. This will allow for time to get emotions under control and again trade on logic. Plus it’s more time at the beach! 4 Understand the Risks At forex holdins, we are really big on making sure you know the risks in trading. It’s never risk free and we want to make the risk as low as possible for you. Keeping aware of the risks of the market changing, from the news and other sources is important, but then don’t let the fear go so far that you won’t trade at all. It’s a balance. 5 Start With Enough Capital It takes money to make money, if the account you trade on is too small it can make your Forex trading success more distant, and more difficult to attain. Trading with diverse trades requires enough capital, with less capital the fewer the number of trades you can have open, which could cause you to miss good trades. Also the transaction costs are proportionally higher on smaller accounts.




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How Money is Made Trading Forex: Pips mean Profit

Take this scenario. John is a trader. He’s reading the news and predicts that in two months the American Dollar will go down in value compared to the Japanese Yen. So John wants to sell his Dollars and buy Yen. He borrows Dollars from his broker to do this trade. Two months later it turns out he was right. The profit he made from the increased value of the Yen would be the money made in the trade. He’d pay his broker for the loan of the now lower value Dollars, and what’s left is John’s earnings. John did well there! Normally when you are selling something, you need the value to go up in order to make money, but in Forex it is possible to make money whether it goes up or down. The difference in value is measured in pips. The more pips the more profit. A pip, is the smallest price change that a given exchange rate can make. And your profits and losses are calculated in how many pips you gained or lost. In an exchange rate the value of one currency is pitted against the other, excuse the pun. The exchange rate on a currency pair is the value of one currency in regards to the other. The first currency is the base rate and the second is the quote rate. The second currency in the pair is a quote of how much of the base currency it is worth. If you had pounds and the exchange rate of USD/GBP was 1.4467, and a few days later you wanted to sell (‘go short on’) your pounds when it was at 1.4477 then you’ll have made 10 pips. It’s not necessarily easy, but in some ways it’s as simple as any other sale




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The 4 Major Forex Pairs

Although there are many currency pairs that can be traded on the Forex market, by most definitions there are just four major pairs. These are the most commonly traded pairs in the market and the most influential. They consist of: • EUR/USD – the euro/ US dollar • USD/JPY – US dollar/ Japanese yen • GBP/USD – Great British pound (sterling)/ US dollar • USD/CHF – US dollar/ Swiss franc Some believe that the USD/CAD (US dollar/ Canadian dollar) and USD/AUD (US dollar/ Australian dollar) should also be counted as major pairs but most still consider these to be ‘commodity’ pairs. Other traded pairs are generally described as cross-currency or exotic pairs. You will have noted that the USD features in each of the four major currency pairs. The currency enjoys a unique and important position in the Forex market and the world economy as we explained in Reasons that the US Dollar is King. It is involved in around 85% of the traded volume in a vast market where an average of $5.3 trillion is traded every day. EUR/USD Despite China’s emergence, the USA and the European Union remain the two biggest economic entities. As noted, the USD is the most commonly traded currency. The euro, used by much of the EU (in countries collectively known as the ‘eurozone’ or, more properly, the European and Economic Monetary Union) is the second. This makes the EUR/USD the top traded currency pair in the Forex market. The primary influence for the direction of this pair is the relative strength of the two economies, although the euro also tends to fall when the frequent disagreements about the future direction of the currency arise between European governments.

USD/JPY Japan has the second largest economy in Asia (behind China) and is the third largest national economy measured in GDP, behind the USA and China. The Chinese yuan is not



https://www.learntotrade.co.uk/reasons-us-dollar-king-forex/


03 June 2016

commonly traded on the open market, however, making the Japanese yen the most important currency in the crucial Asia-Pacific region. GBP/USD Although small in landmass, the UK has the fifth biggest nominal GDP ranking for 2016, according to the IMF World Economic Outlook report. The GBP served as the world’s most common reserve currency before the USD took over the role (following WWII) and the UK’s position as a global financial centre also helps to keep the currency pair an important one. USD/CHF Switzerland’s unique position in the financial markets is due to its discreet banking and historic political neutrality. It is also a trading partner with the rest of Europe without being part of the European Union. When there is upheaval elsewhere, the Swiss franc often rises as investors see it as a safe haven. It can be difficult to trade against the USD, though, which is also often seen as a ‘safe haven’ currency.




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Learn to Trade Price Action

Not every style and strategy is suited to every trader but price action is a versatile and fluid technique that can be great for beginners and more experienced traders alike. It’s a strategy that uses technical analysis and involves reading candles representing data on a chart. It’s therefore based on methodical analytical principles, which are always better than gut instinct. At the same time, it’s one of the simplest ways to trade using technical analysis. It doesn’t need lots of different markers, is relatively easy to grasp and is fluid enough to apply in a variety of different market conditions.

Like other forms of technical trading, price action strategies use a chart that represents market action within a specified time range. Unlike many technical trading strategies, however, price action uses ‘naked’ or ‘clean’ charts. This means you have no indicators whatsoever. The chart is clean and uncluttered and all you see is the basic price of your currency pair in the raw. Indicators tend to lag current price and any news events that affect price are reflected in the actual price fluctuations so traders who favour a price action approach find they can do away with what they often see as unnecessary clutter. To use price action strategies successfully you will need to learn to read a candle. This is a simple way to present price-related data over time. Known as candles or candlesticks because that’s what they resemble (albeit ones with a wick at each end). Candles can be bullish or bearish. Bullish candles have a black or coloured, filled-in body while bearish ones are white or unfilled. In both cases, the end of the top wick represents the high price for the candle’s period and the end of the bottom wick represents the low. For bullish candles the bit where the top wick leaves the body represents the close price and the area where the bottom wick meets the candle body represents the opening price. For bearish candles, this is reversed. Written down like this, candlesticks can seem a little complex but they are actually very simple, with limited but useful information. After reading candlestick charts for a while, it soon becomes second nature and traders with even a little experience under their belts can generally take in the information they need at a glance. Using these candlestick charts you will be able to identify trending and ranging markets. You will also be able to find the support and resistance zones on the chart. Support zones are the areas that the price falls to before bouncing back while resistance zones are the areas




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that the price rises to before retreating back. Finding support and resistance zones allow you to find a ‘hot zone’ in the middle where you can enter trades. Essentially these are useful trade set-ups that show the likely direction of the market, giving you the opportunity to make a successful trade.

Identifying Trending and Ranging Markets

For traders who use charts and technical analysis, identifying trends and ranging or range-bound markets is an important aspect of their trading strategy. A trending market is one in which the price of the currency pair is, on the whole, either rising or falling. Prices never do this in a straight line. Depending on your time scale there will be weekly, daily, hourly and minute-by-minute fluctuations. A market with a downward trend will still experience periods where the price rises and an up trending market will still see falls. It’s just that the overall direction will be in one direction or the other. A raw price graph using candlesticks to represent price data over shorter periods of time can be very useful for identifying trends. The candlesticks represent a given period, typically though not always a day, and convey the opening and closing price as well as the highest and lowest price during that period. You can identify a trending market by looking at the lows and highs represented by the candlesticks. There will be fluctuations over time but if the highs and lows are gradually coming in at a lower price than they previously were, you will be looking at a down trending market. The chart itself will descend from left to right, usually like a series of jagged steps. If the highs and lows occur at higher points, you will have an up trending market. This will ascend from left to right in a similar series of steps. In general terms, you will probably want to trade with the trend of the market, at least initially. There might not be as many trades available, as other traders will have the same idea, but those you can get are statistically more likely to be successful. This can be particularly true for longer rather than shorter-term trades. If you can identify those periods where the price bucks the trend, of course, rising during a down trend and falling during an up trend, you will have a great opportunity to make money. This does require a measure of skill, experience, and supplementary strategies, though, and might not always be the best approach for beginners. Some use news events and other indicators to anticipate market reverses while identifying and reading support and resistance zones can also be very useful. These are the areas that the price will fall to (for a support zone) or rise to (for a resistance zone) before returning to its original position or continuing in the direction of the trend. A ranging market remains within a certain price range over a given period of time. Essentially it is stuck between the support and resistance zones, with each being repeatedly hit in turn. This market is moving neither upwards or downwards and so has no overarching trend. This can make it more difficult to trade as it is more unpredictable and fluctuations may be in either direction rather than heading more strongly either upwards or downwards.




03 June 2016

Choosing the Best Session to Trade

You may have heard it said that Forex trading is a 24-hour game. As one regional exchange closes its doors, another one opens. You could certainly follow them all through the day and night if you had the will and the stamina to do so. That’s rarely a good idea, though. No one makes the most rational decisions if they’re deprived of sleep or jacked up on caffeine and trading for 24 hours a day is not a viable lifestyle choice. So which session should you trade? For many people, this will be dictated by their existing lifestyle, family or other commitments. If you have a day job, your boss is unlikely to be pleased to find you trading from your work computer during office hours. If you are self-employed, you might have your own vital work tasks to get through during the day. There are four major trading sessions: The London session, the New York session, the Tokyo Session and the Sydney session. The London session runs from 7 am to 4 pm. New York overlaps – using GMT as a base, it starts at 1 pm during winter months and ends at 10 pm. Sydney opens at 9 pm and closes at 6 am and Tokyo opens at 11 pm and closes at 8 am. Just to make things a little more awkward, you also have to take seasonal changes into account when the clocks go forwards or back for daylight saving time. Not all regions do this and not everywhere does it on the same day. If your choice of when you trade is not tightly dictated by your personal circumstances, you might wish to take the nature of these various sessions into account. The times when these major sessions overlap tend to lead to a lot of activity. The London session has a major overlap with New York, so this is a popular time to trade. Although known as the London session it’s also the active period for the whole of Europe so there are a huge amount of transactions taking place, leading to high liquidity and lower pip spreads. The majority of trends begin during this session. A trend will generally continue into the New York session but may reverse at the end of the London session if enough traders decide to lock-in their profits. The New York session tends to be highly liquid during the overlap with London and many economic reports and news items are released towards the start of this session. When the European markets close, the New York session tends to become less liquid and volatile. The Sydney and Tokyo sessions have even more overlap than London and New York and are generally run together to form the ‘Asian session’. This market is generally the first to see a lot of activity after the weekend break. Most forex transactions in the region are made in Japan but other financial hotspots such as Hong Kong, Singapore and Sydney are also important.




03 June 2016

Treating your forex trading like a business

The foreign exchange market is the biggest and most popular financial market in the world. Every day, more than $5 trillion (£3.5 trillion) is traded by individuals and organisations, and some serious money can be made. It does take dedication and commitment to consistently turn a profit, however. Not every trader can dedicate enough time to treat trading like a full-time job, but whatever proportion of your life you do give over to trading should be taken seriously. An occupation that actually costs you money could be deemed an expensive hobby, and if that’s all you’re looking to get out of it, maybe you should take up classic car restoration instead.

In order to treat your Forex trading like a business, you will need to account for all your costs. Your successful trades not only have to outweigh your unsuccessful ones – and there will be plenty of those over a long enough period of time – but they also have to cover your expenses. These will include the spreads and/or commissions charged by brokers for carrying out your orders but could also include a number of other items. You might need to invest in an up-to-date PC if you do not have one, and you might also wish to purchase software – your trading platform will be hosted by your brokers, but you might want to complement this with various analytical programs. You might also subscribe to periodicals or research services. You can even include the costs of the electricity you use and the other costs of using your home as an office. In order to make a consistent profit, you will have to make more profit than losses on your trades and cover all your expenses. Statistically, you don’t need to make more winning trades than losing ones; a smaller amount of larger wins may be enough to compensate for a larger amount of smaller losses. The trick (and it can be a difficult one to pull off) is to take smart, measured risks that will yield high returns when successful and which outweigh the risk factor. When you know the general range of your expenses, you can also make goals that you are looking to achieve and, from this, you can work out and define your capital requirements. It’s important not to treat Forex trading as a get-rich-quick scheme. The successful traders tend to be those who put in the effort, working consistently and methodically and ploughing profits back into the account, just as you would do with any other fledgling business. It may be tempting to simply throw more money in from other sources, but it’s important not to over-commit or use more than you can afford to lose. Create a business-like environment for your trading, set up a routine, and stick to your chosen trading strategy that fits with your personality, resources and time commitments. Invest in the business in terms of time and learning and you are more likely to make it a success.




03 June 2016

Forex Myths and Misconceptions

There are many myths and misconceptions surrounding the world of Forex trading, especially amongst newcomers and those still researching the market and deciding whether to dip their toes in the water. Here are some of the most common you might encounter: Forex is a scam This is just not true. Although there may be unscrupulous types operating under the Forex banner there are also regulated and trustworthy brokers and institutions. It’s important to do your homework and choose reputable ones. Forex as a whole isn’t a scam but it would be fair to say that there’s a risk to Forex trading, just as there is to trading on the stock exchange, futures and many other types of potential high-yield investments. Forex is a get rich quick scheme It is possible to make a lot of money in a short space of time but, using the tactics you’d need to do that, it would also be possible to lose a lot of money in the same period. Successful traders are generally those who develop or perfect a trading system that’s right for them and use it consistently, not risking more than they can afford to lose. This approach takes time and patience but can yield great results in the long run. Forex trading is only for the wealthy There used to be some truth to this but with high-speed internet connections being pretty standard and high leverage allowing traders to make substantial orders with relatively low starting capital, now anyone can trade Forex. Again, though, you should never risk more than you can afford to lose, which is where a starting pot of ‘disposable’ capital can come in handy. There’s a ‘Holy Grail’ of Forex strategies You may, no you will, come across individuals offering to let you into their secret, infallible Forex trading strategy – often for a small fee. Finding a workable strategy is hugely important in Forex trading but there’s no one-size-fits-all technique that works for everybody and works all the time. It’s better to find one or more strategies that fit your lifestyle (how much time you can devote to trading, at what time of day and with how much capital) as well as your psychology and personality type. You can ‘win’ all the time As already stated, there’s no such thing as an infallible Forex trading strategy that works in all situations and market conditions. If you enter the world of Forex trading, you will experience losing trades. It sounds obvious but the key is simply to ensure your wins outweigh your losses. Newest traders soon stop thinking in terms of certainties and precise market predictions and more along the lines of probabilities and risk-to-reward ratios. Complexity is better It’s true that the Forex market is a complex one but that doesn’t mean that trading strategies should be over-complex. Logic and methodical decision-making are good but overly complex systems could see you missing good trades as you wait for all the pieces to align. Sometimes simple strategies can be successful.




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What does it take to be a successful forex trader?

Anyone can be a forex trader. All you need, essentially, is a small amount of capital with which to open a trading account. Not everyone is cut out to be a successful forex trader, however. It’s true that there are many different styles of trading. Successful traders can come from any walk of life and they can be very different people, but there are a few traits that most successful traders seem to have in common.

Knowledge is power If you were starting a new business, you wouldn’t plunge in or commit your precious time and resources without doing your homework. This would generally include such things as researching the market for your products or services, checking out competitors and compiling a thorough business plan complete with financial forecasts. Starting to trade the forex markets should be approached just as seriously. There’s a lot to learn, and the more prepared you are when you start, the more likely you are to succeed. Reading up on the subject is useful, and professional training can also be useful. Many new traders find practising with a training account can be invaluable, but it’s a different experience when you’re trading with substantial amounts of your own money. You can’t learn experience, of course; you can only earn it, and that also takes perseverance. Experience is certainly invaluable, but that doesn’t mean that beginners cannot be successful. The successful beginner who is not simply enjoying a lucky streak (and trust us, those don’t last forever) will tend to have a good basic overview of how the forex system works and a more in-depth knowledge of their chosen or favoured strategies. Some traders continue for years with the strategies they begin with, but if you continue to learn about new styles and techniques, this can give you the flexibility to change your game when the situation dictates. A detached viewpoint Most successful traders are able to approach trading in a calm, rational and analytical manner. This can be difficult for some people, but even those prone to hot-headedness can usually learn or train themselves to curb their emotional responses, at least to a degree. Patience is one of the greatest assets a trader can have. Exactly how much patience you need will, of course, depend on the trading style you prefer, but even intraday traders and scalpers need to wait until the right time to make a move. Greed and fear are two of the motivations that can lead to a trader abandoning their carefully considered entry and exit points, and they can manifest themselves in a number of different ways. A winning streak can kick the greed muscles into gear, prompting the trader to gamble on too-risky propositions. Fear, meanwhile, can lead to missed opportunities – to a position being closed too early for fear of making a loss or kept open too long for the same reason in a different situation. There are no guarantees when it comes to forex trading, but working on your knowledge and reactions can certainly help you improve the odds.




03 June 2016

HOW TO GET STARTED Attend a complimentary Forex Workshop and discover how to make an immediate income

trading the currency the market.

At the workshop you will learn:

• How to break free from the time vs money trap and learn to trade for less than 2hours a

day to build a serious second income.

• Why you should be part of the world’s largest and most liquid market with unlimited

money making opportunities.

• How to harness the latest technology to automate your trading – let the computer do

the hard stuff for you.

• Powerful trading strategies our students have used to pull money from the markets

whenever they want.

WHAT YOU CAN EXPECT

TO LEARN IN HOURS

Could you become a private foreign exchange trader taking home over $100,000 a year? Would you be

able to give up work and have more time for the people and things that really matter to you? Thousands

of traders have taken the first step towards making their dream a reality by attending one of our free

seminars. You could too. You have nothing to lose, and those two hours could change your life.

What to Expect

• The fundamental basics of trading

• How to use a risk management strategies that will only allow you to lose a fraction of your

trading account

• Trading strategies that will help identify profitable trades and come out of a trade at the right

time!

• The psychology of trading and how it will make you a successful trader

Benefits of Forex




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• Tax free profits

• Completely flexible: trade from home when it suits you

• Profit from a rising or falling market

• Trade on the largest and most liquid market in the World

FOREX EDUCATION PROVIDER Learn a lifetime skill and start making money immediately.

Learn Forex trading with our Forex trading courses and we will show you how to build a tax free income, for life. Our Forex courses will:

Allow you to access new earning opportunities using our Forex trading strategies

Give you the Forex training you need (in step-by-step detail) so you can identify, execute and automate foreign exchange trades

Let you discover how you can build a tangible secondary income using our powerful Forex trading strategies

Offer you guidance and support from forex holding’s team of professional and experienced Forex traders

Enhance and apply the skills and knowledge you’ve acquired from the Forex trading workshop

Immerse you into the world of trading for three days surrounded by like-minded individuals, professional coaches and traders

MAKE MONEY TRADING

THE FOREX MARKET

Our unique Forex trading courses and approach combines live trading practicals, theory, coaching and a software that does all the hard work for you. Designed specifically for serious and ambitious people who want to generate serious money from the worlds most liquid market place.

Our Forex Trading Course teaches all of the above, plus how to:

Identify new Forex opportunities using our Forex trading strategies Minimise your trading risks Set up high quality daily trades to fit your schedule Establish a Forex trading plan that suits your personality and lifestyle




03 June 2016

WHAT YOU WILL LEARN

Visit www.forexholdings.co.za to register (011) 079 6171

DAY ONE DAY TWO DAY THREE DAY FOUR DAY FIVE

Price Action Advanced Price Action

Forex and the News

Put Theory into Practice

Trade Live Charts

Exchange Rates Trading Strategies Risk Management Trade Live Charts

Orientation Placing a Trade Forex and the News

Emotional Mastery Creating your Plan




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