About the author

Forex 101 – Basics

Technical Analysis
Horizontal Channels
Rising Channels
Falling Channels
Double Tops
Double Bottoms
Rising Wedge
Falling Wedge
Symmetrical Triangle
Ascending Triangle
Descending Triangle
Fundamental Analysis
Introducing Broker (IB/Affiliate)
Top 5 Forex Brokers
Setting up your own Broker
Our Services

ABOUT THE AUTHOR

 Ashley Ditshego (right) – Founder of Ditshego Capital Markets

To all those who don’t have time to read the entire eBook, here is a scope on what it
is all about. In this eBook we will cover almost everything traders need to know about
forex trading and the forex market, not only will it be beneficial for new traders but
also advanced traders who are hoping to take the next phase of their trading career.
My hopes are that after reading this eBook you can obtain actionable results that not
only will they reflect financially but also equip you with a solid skill set that there
would be no need to read any other forex eBook but rather continue taking massive
action towards your success.

The eBook covers forex trading strategies for newbies and intermediate traders, both
technical analysis and Fundament analysis are covered later in the eBook. Trading
psychology which is key as your emotions towards money will play a vital role to
ensure you succeed or not as a forex trader, we will open up more opportunities that
I believe you should take advantage of as you grow in the industry. Opportunities
such as introducing broker/affiliate, white label broker if you have the hopes of ever
having your own brokerage company we will dive into that as well. We will also
uncover controversial topics that most forex mentors never get to teach their clients
or mentees on how they actually obtained their success.
Before we move on I would like to introduce myself, who I am and where I come
from, how I got to build a R250 000 ($17 500) account from absolutely nothing,
building a IB portfolio of close to R2million on my first year in the business to end up
blowing it all in just one week, seeing myself broke with literally nothing to show but
pictures on my phone on how much of a good life I used to live, from renting out
luxury hotels, eating out in expensive restaurants with names I can’t even
pronounce, traveling across South Africa as I wish. After all this is the life I always
wanted, time freedom and financial freedom but what I never understood was how
important having a solid mind-set is when trading forex and how important it is that
you need to treat the industry as a business rather than some get rich quick scheme.
Don’t get me wrong trading forex can bring riches in the quickest ways than any
industry I know off. That being said you can as well loss everything in just seconds.

It was never easy seeing the good life I used to live fading away, some of the
“friends” I used to hang out with fading away, losing the girl I thought I loved and
could build a future fading away as well. This was a down fall I never expected in my
wildest dreams, coming from a point where I was able to make $3500 on a single
trade, withdrawing profits anytime of the week when I felt the need to splash and
have some fun. Throughout the process I must admit there were a lot of life lessons I
have learnt and has groomed me to where I am right now in life and business, which
I will forever cherish and be grateful for. Nevertheless, with the skill and knowledge I
had acquired over the years (which is will also share more throughout this eBook) I
was able to bounce back months later.

Before we can tap into that I would like to motivate you with one of my personal
trading accounts that I was able to grow in the last 6 months from a $1 000 deposit
and now currently sitting at $44 000 (R600 000). The entire growth of this account
was 100% traded with the strategies and knowledge that is shared in this eBook, I
would certainly guarantee you that if you follow every basic step you too will certainly
stand a good chance of achieving such results if not more. But like learning any
other skill in life, be it soccer, best salesman, best car machine or trading forex it will
require dedication, constant practice on a demo or live account, sharp mind-set and
all other essential factors of achievement.
 BALANCE: $ 44 755, 00

Disclaimer: Trading CFD contains risk of capital.

While being greedy on the markets, over trading (which I see a lot on social media),
not having a trading plan, not trading according to your trading plan, poor discipline
and poor risk management will most certainly result into failure and I can tell you I
know a lot of people who blew out in forex trading. People losing $1 000, $7 000,
even as high as $25 000 in just a matter of minutes, I’ve been a victim myself and I
know exactly what lead to my failure and I would be a complete fool to see myself in
that situation ever again and also I would not want that to happen to anyone even to
you.

Switching gears back to forex, in the following chapter we will uncover some of the
basics that are essentially for newbies but also essential for intermediate and
advanced forex traders.
 Basics on Fx

What is Forex?

Forex or FX is an abbreviation of Foreign Exchange, which simply refers to the

exchange of one countries currency to another. Unlike the stock market, the forex
market is decentralised meaning there is no centralised point of exchange, as a
result all the trades that are conducted are done Over the Counter (OTC) with no
regulated environment.

The forex market is a $5,3 Trillion dollar market, open for trading 24 hours and 5
days a week. Consisting of retail traders, brokers, hedge funds, large financial
companies, banks and central banks.

EUR / USD
1 / 1,12967

Base / Quote

A currency pair consist of two currencies a base currency and a quote currency, the
base currency will be the first currency on our left and the quote currency being the
currency on the right. Example EUR/USD where EUR is our base currency and USD
as our quote currency.

The base currency is always referenced as one unit, where one unit of EUR will be
exchanged to a certain amount of USD (e.g. EUR/USD = 1 / 1,12967). Other
currencies that you will come across in the forex market are EUR, USD, GBP, JPY,
AUD, NZD, CAD and CHF. Which are major currencies, while currencies such as
ZAR, MXN & TRY are considered exotic currencies.
Now moving on to pips or pip which is short for percentage in point(s), is the fourth
decimal number 1,12967 of the value of a currency pair. Pip’s are mainly used to
calculate profits and losses or the points at which the market has moved, take for
instance when EURUSD is currently trading at 1,12967 and later it is said it has
moved up by 50 pips, which implies a move from 1,12967 to 1,13467.

Metatrade 4 or 5 (MT4/5)

Metatrade is a technical trading platform used for trading the forex, CFD’s and
futures market. The metatrade 4 platform is a popularly used trading platform by
most traders, to analyse various financial markets, place orders and to manage their
trading accounts. This process is what we call Technical Analysis, the forecasting of
future price movement based upon previous price data.

Throughout the eBook I will be showing various pictures of my metatrade 4 desktop

platform. There 3 different sets of platforms to trade with which is your mt4 mobile
version, desktop version and the web terminal, all three platforms are available for
download online at no cost. Click on the link here to download your trading platform,
I for one prefer the desktop platform and you will see a lot of pictures of the desktop
version in this eBook.
Before tapping into technical trading strategies it will be wise that we focus on some
of the functionalities and important features on the platform.

Market Watch – This represents different quotes of various currency pairs. Each
currency pair will have its respective Bid and Ask price
By clicking Ctrl + M on your keyboard the market watch will open and you will be
able to view all quotes, spread, bid price and ask prices of each currency pair. By
clicking Ctrl + M again the market watch will be removed from display.

Terminal – This window offers traders quick access to view all open trades, account
balance, equity, margin and free margin of the account. Account history can also be
viewed from the terminal window by click CTRL + T from your keyboard, allowing
you to view all profits and loses you have taken over time.

New Order - When placing or opening new trades, by clicking on the new order
option from your metatrade platform you will be able to place trades and select the
necessary volume, stop loss, take profit, market execution or pending order.
Candlestick Chart – This is an option on your MT4 platform allowing you to view
your price charts in Japanese candlesticks. There are hundreds of different types of
candlestick formations, later in this chapter I will share the two candlesticks that I
focus on and why they are the most important.

Line Chart – Here we have another form in which one can view their price charts
from the metatrade platform, image below represent a line chart.
Bar Chart – The last form in which traders can view how price is depicted on the mt4
is through the Bar Chart which shows the open, low, close and high of each bar.

Indicators – They are additional tools to help traders on analysing the financial
markets, there are various indicators available on the mt4 platform to use all working
in different ways, representing price in different manners. Although some do work
more or less the same indicators do come in handy when analysing the markets. We
have indicators such as your Moving Average, MACD, Stochastic, RSI and a whole
lot more others available on the metatrade platform.

We also have other options on the Toolbar to help utilise the metatrade platform
more effectively, options such Navigator, Templates, zoom in/out, Timeframes,
Cursor, Cross Hair, Shapes, Horizontal line, Vertical line and Trend lines can
found on the metatrade platform.

CANDLESTICKS

HEAD

BODY

TAIL

As mentioned early, there are hundreds of different kinds of candlesticks out there
and as you can see from the image above which has at least 8 types of candlesticks.
Below I will share with you the two types of candlesticks that I get to focus on mostly
and also explain why.

Shooting Star
Hammer Candlestick

Both the above mentioned candlesticks are very important and they play a significant
role in the market by changing the markets direction. As you can after the formation
of the shooting star, price changed direction to start selling of after a session of a
bullish trend. Similarly with the hammer candlesticks, after their formation price
changes direction and starts going up after a huge sell off.

This is important for traders as it can protect you from loss of capital, given an
example where you have placed a BUY trade on EUR/USD and while you in good
profits and slightly about to hit profit target, price forms a shooting star on a major
resistance level. As a trader you need to take this into account and immediately
close your trade and walk away with your existing profits as price will no longer go in
favour to your direction but rather change into the opposite direction.

Meanwhile the opposite will apply, in the case where you holding a SELL trade and
ahead of closing in maximum profits, price forms a hammer candlestick on a major
support level. It will be essential that you close your existing trade as the odds of
having price going into your favour for a SELL OFF are now slim
The two imagine above illustrate examples of what happens after the formation of
this two types of candlesticks.

Other key aspect on this candlesticks are shared on my market analysis video’s on
YouTube, were I detail how to use them when trade chart patterns and taking
advantage of possible opportunities within the range of this patterns. Do make sure
you have a look at those video’s as I share some exclusive content that most
mentors or forex educators never get to teach their clients and mentees.

Click on the imagine above to open a live account and get 100% Bonus on
Deposit
 TECHNICAL ANALYSIS

To all those who know me personally or have been following some of my work from
attending nationwide seminars, market analysis on social media, including my
YouTube videos where I dive deep into teaching and analysing the markets on a
weekly basis will recall how much of a technical trader I am compared to being a
fundamental analyst. More on Fundamental analysis will be covered later in the
following chapters and how important both strategies are for any given trader.

There are 12 technical chart patterns we will be focusing on, which are the exact
patterns I constantly look for when I trade the forex market, please feel free to
contact me on social or preferably WhatsApp: +27 624055706 so I can be able to
assist with anything within this eBook or forex trading in general.

Please note the red lines (Trend Lines) are drawn by me to illustrate the chart
pattern that has formed, while the blue horizontal lines represent price entry, stop
loss and take profit. By simply doing so I’m analysing the market, the lower Trend
line is called the Support and the upper trend line is called Resistance. Price will
usually bounce of several times on this level before breaking to give us trading
opportunities, whenever price breaks our Support it will represent a selling
opportunity while a break on Resistance represent a buying opportunity.
 HORIZONTAL CHANNELS

Horizontal channels are one of the most popular pattern, usually called support and
resistance as price would play in between the two levels forming equal market highs
and lows for a certain period until we get a breakout on either support or resistance,
giving us a trading opportunity to either buy or sell depending on the breakout.

From the picture above, we can see price bounced between our support and
resistance (horizontal red lines) various times before breaking our support level. With
this break we can now determine our entry, stop loss and take profit.

Entry: 1.34518 (slightly below red support trend line)

Stop Loss: 1.34768 (25pips from entry)
Take Profit: 1.34018 (50pips from entry)
Risk Reward = 1:2
As much as Horizontal Channels can be traded as a sell or a buy, it is important to
wait for the confirmation breakout before executing your trade. In our second
example we having a similar setup as to our first example above, therefore the same
scenario will apply. Finding an entry (1.12795) slightly below our supportive trend
line and add 25 pips Stop Loss (1.13045) from entry price with a 50 pip profit
target (1.12295).
 RISING CHANNELS

There is often a saying that goes “what goes up must come down”. This is exactly
what happens with Rising Channels and also Rising Wedges which we will cover
later in this chapter, so sit tight, read on and enjoy.

I must say, I absolutely love Rising Channels they are one of the few chart patterns
that you can hardly go wrong when trading. Given a scenario where the market
starts going up with parallel higher highs and higher lows forming ascending/rising
channel as if we have an athlete jogging on a steep mountain. Chances are when
he/she get to the top, a slight slip could find the athlete rolling back to the bottom,
and that is exactly what we see with Rising Channels, after a strong upward rally a
break on the supportive trend line, would usually result to a strong sell off.

Entry: 1303.74 (slightly below support)

Stop Loss: 1306.67 (30 pips above entry)
Take Profit 1: 1293.74 (100 pips below entry)
Take Profit 2: 1288.74 (150 pips below entry)
One other thing you should keep in mind is that Rising Channels can only be traded
as a sell as soon as we get that crucial confirmation break on our support level. If it
happens that price breaks the resistant trend line, we close out, forget on the trade
and go look out for other trading opportunities as this has resulted into a false
breakout and can lead for more failures. To prevent capital loss we focus only on
high probability trading opportunities. Like on our second example from the image
above.

Entry: 110.230
Stop Loss: 110.480 (25 pips above entry)
Take Profit: 109.230 (100 pips below entry)
 FALLING CHANNELS

Now coming to falling channel, you will notice that they look more like the rising
channel but in an opposite manner where price has formed equal lower highs and
lower lows to give us that nice falling channel chart pattern.

Entry: 111.198
Stop Loss: 110.948 (25 pips below entry)
Take Profit: 111.698 (50 pips above entry)
Risk Reward: 1:2
Falling channels are very much reliable, but I need to emphasise the importance of
drawing your trend lines accurately otherwise this could result in a situation where
your entry price is either too early or too late into the trade, which adds to having a
tight Stop Loss that could be quickly triggered out of the trade for a loss. Where else
this can be easy avoided, remember the goal to successfully trading is to minimize
loss and increase profitability. I encourage you to watch some my YouTube videos
and see how smooth and accurately I get to draw my trend lines.

Entry: 14.25246
Stop Loss: 14.22246 (300 pips below entry)
Take Profit: 14.35246 (1000 pips above entry)
Risk Reward: 1: 3,5
 DOUBLE TOP’S

Double Tops are also one of the most popularly and reliable chart patterns. Some
would call them M's cause of their distinct M looking kind of a shape, with the two
tops forming a resistive level.

There are two ways to trade Double Top’s, most eBooks and mentors would usually
tell you to trade them on the neckline but over the years I have found that waiting for
price to get to the neckline can be a waste as you could have just entered right at the
top and capitalized on getting slightly more pips than usual, but for one to capitalize
on this method you need to be slightly smart and experienced otherwise do take the
more safer method and place your sell entry after the confirmation of price breaking
the support (neckline) just as illustrated from the image above.

Entry: 0.86648
Stop Loss: 0.86798 (15 pips above entry)
Take Profit: 0.86348 (30 pips below entry)
Risk Reward: 1: 2
If you were to zoom into both tops, you will realise the two reversal shooting star
candlesticks and how both candles influenced the sell of in the market, as an
advanced trader the moment you notice the second candlestick this alarms you as
price is about to form a Double Top chart and what better way to take advantage of
this opportunity at an early stage. We can now be convinced that an entry right at the
top of the pattern will see you gaining more profit than usual.

Entry: 1.00513
Stop Loss: 1.00763 (25 pips above entry)
Take Profit: 1.00013 (50 pips below entry)
Risk Reward: 1: 2
 DOUBLE BOTTOM’S

I’m sure by now you already get the picture of what double bottoms are going to be
like, and if you like me and all the other smart traders yes Double Bottoms are
exactly the opposite of what we had with Double Top’s, instead of having a M kind of
a shape, we now having a shape looking similar to a W.

As illustrated from the picture above Double Bottoms offer traders with a buying
opportunity the moment price breaks our resistive level (Neckline). In the case of
capitalising on an early entry one needs to wait for a hammer candlestick to get that
accurate confirmation that price is about to reverse to potentially form a Double
Bottom chart patterns.

Entry: 1272.86
Stop Loss: 1269.86 (300 pips below entry)
Take Profit: 1282.92 (1000 pips above entry)
Risk Reward: 1: 3,5
Do keep in mind that it is not always necessary to force an early entry on this
patterns, trading can be emotional at times and while most traders tend to feel the
need of making money all the time hoping to satisfy their financial and material
insecurities. Oftentimes than not we see that resulting in a major blow. Only trade
what you see, which should be according to your trading plan and discipline yourself
to side-line all the unnecessary noise.

Entry: 0.66037
Stop Loss: 0.65787 (25 pips below entry)
Take Profit: 0.66537 (50 pips above entry)
Risk Reward: 1: 2
 RISING WEDGE

Rising Wedges are reversal chart patterns, offering selling opportunities for traders.
More like some of the chart patterns we have covered in this chapter, rising wedge
chart patterns have a high profitable ratio when traded right and I will show you how
to get them right.

They are a form of chart patterns that can only be traded as a SELL slightly after we
have a confirmation break on our supportive trend line. There are times where they
can have failures where we see price breaking the resistive trend line to complicate
the structure of the pattern, in this instance traders are encourage not to enter or
place a trading position as it could results to loss of capital. Above we have a clear
picture of a nice Rising Wedge chart pattern.

Entry: 1.01007
Stop Loss: 1.01257 (25 pips above entry)
Take Profit: 1.00507 (50 pips below entry)
Risk Reward: 1: 2
In some of my YouTube videos I cover ways to capitalize more on this patterns,
where you take advantage of opportunities within the pattern before the breakout
and also trading the very same breakout. Otherwise, the above picture shows the
basic method of trading the breakout on the supportive trend line.

Entry: 1.34717
Stop Loss: 1.34967 (25 pips above entry)
Take Profit: 1.34217 (50 pips below entry)
Risk Reward: 1: 2
 FALLING WEDGE

When it comes to Falling Wedge chart patterns, we expect price reversal just like
what we had with Rising Wedge but in this case instead of waiting for a selling
opportunity we are expecting to buy and go long as soon as we get the confirmation
breakout on the resistive trend line.

Falling Wedge patterns represent an oversold market, waiting for buyers to step in.
Traders are encouraged to take advantage of this patterns as they get to appear a
lot in the market and can produce high profits. It is essential that patterns are also
draw to scale to avoid late or early entries, also be alert on false breaks.

Entry: 0.65029
Stop Loss: 0.64779 (25 pips below entry)
Take Profit: 0.65529 (50 pips above entry)
Risk Reward: 1:2
 SYMMETRICAL TRIANGLE’S

With a shape of a full triangle, symmetrical triangles represent slow momentum in

the market as price consolidate in between the triangle producing lower highs and
higher lows before price breaks either the support or resistive trend line.

This are one of the few chart patterns which offer buying or selling opportunities, all
determined on which side the breaks first. A break on support will indicates a
preparation for a selloff in price, while a break on the resistance indicates buyers
stepping in. The picture above shows how you can trade symmetrical triangle, with
the above picture showing a break on support offering a clear sell in the markets.

Entry: 1.01734
Stop Loss: 1.01984 (25 pip above entry)
Take Profit: 1.00734 (100 pips below entry)
Risk Reward: 1: 4
Unlike the other patterns that we have covered previously, symmetrical triangles
have the least potential to profit and high failure rates, but with that being said
through practice and watching some of my YouTube videos traders are able to
corner this patterns to gain maximum profits out of them.

Entry: 1294.66
Stop Loss: 1298.04 (30 pips above entry)
Take Profit: 1284.47 (100 pips below entry)
Risk Reward: 1: 3,5
 ASCENDING TRIANGLE’S

With a much more interesting shape, ascending triangle have a horizontal resistance
and an ascending support trend line. Do keep in mind that the two trend lines do not
always have to intersect but can show signs of future intersection.

Ascending Triangles are part of the few patterns that can be traded both as a buy or
sell depending on price breakout, this can be a break on either support or resistance.
While a break a support (just like the above image) will signal a selling opportunity,
while on the other hand a break on the horizontal resistance will signal a buying
opportunity.

Entry: 1.00897
Stop Loss: 1.01147 (25 pips above entry)
Take Profit: 1.00397 (50 pips below entry)
Risk Reward: 1: 2
Trader should always bear in mind that a perfect selling opportunity will usually arise
after a successive rally/uptrend, by considering the above image which contains
three confirmation signals (Ascending Triangle, Double Top and Reversal Shooting
star candlesticks). On the other hand a perfect buying opportunity will arise after a
successive downtrend with a formation of an Ascending Triangle, Reversal Hammer
Candlestick and an additional Inverse Head and Shoulders pattern.

Entry: 1.00688
Stop Loss: 1.00988 (30 pips above entry)
Take Profit: 0.99688 (100 pips below entry)
Risk Reward: 1: 3,5
 DESCENDING TRIANGLE’S

More like their counter part Ascending Triangles. Descending Triangles will have a
horizontal support level while the resistive level has a downward slope trend line.
Just like with most chart patterns, price needs to at least touch twice on both
supportive and resistive trendlines to confirm a complete price pattern, which we
have seen with most of the above mentioned examples.

After we had a successful sell-off and price producing equal lows (horizontal support)
and equal lower highs (Descending Resistance) to form a beautiful Descending
Triangle. Eventually price lost momentum before breaking our resistive trend line to
offer traders with a perfect entry to go long (buying) this particular currency pair.

Entry: 14.31880
Stop Loss: 14.28880 (300 pips below entry)
Take Profit: 14.41880 (1000 pips above entry)
Risk Reward: 1: 3,5
The imagine above shows another example of a Descending Triangle, which we can
see with the horizontal support, descending resistance and price touching both levels
at least more than two times. After a strong sell off, price reversed aggressively
offering a perfect buy entry before moving up over 100pips which one can capitalise
on with the given “entry, SL and TP” example’s below:

Entry: 140.342
Stop Loss: 140.042 (30 pips below entry)
Take Profit: 141.342 (100 pips above entry)
Risk Reward: 1: 3,5
 FUNDAMENTAL ANALYSIS

Now coming to Fundamental analysis which is another interesting and significant

factor for any given trader, as this gets affect the market in a whole new level. I know
traders out there who only trade Fundaments only because of the volatility it gets to
bring and offers a huge opportunity one can capitalise on, yet again with every
opportunity there comes risk.

Before we get deep into fundamental analysis I need to compliment you for getting
this far, it really much shows how dedicated you are to forex trading and I would
personal like to see you success which is the primary reason I wrote this eBook,
don’t forget to get into with me on WhatsApp I will be glad to hear your feedbacks on
how this eBook has helped you out.

What separates Technical and Fundamental analysis is the basic fact that
Fundamental analysis deals mainly with external factors such as a countries
unemployment, economic and monetary policies, economic growth rates and the
overall outlook of inflation in a country. Whenever such fundamental news are being
released they tend to affect the volatility in the market were you find the market
moving at least by 40 to 80 pips in just minutes or hours depending on the base of
the news and how investors deal with the issue.

Where else with technical analysis, everything is solely based on analysing the
market from the technical platform, using past data to determine the future.

With access to internet most of this fundamental news can be easily accessed
through at no cost, I highly would recommend using www.investing.com to gain
access to the relevant data, on the economic calendar section you will find the latest
and upcoming economic news and events happening across the globe. You will
notice that there endless news and events happening daily/weekly, which brings to
the point that we about to uncover. Determining only the most important news events
that actually have an impact.
Below are some of the economic indicators that have a significant impact on the
forex market.

1. Unemployment data
Non-Farm Payroll (NFP) – Which is one of the significant new releases in the
Forex Market, which measures the monthly employment rate in United States
releases. This is the number of people employed in within the previous month
excluding the farming business hence Non-Farm Payroll, results are usually
released on the first Friday of the month
2. Consumer data
Retail Sales – These measures the sales of retail goods (consumer
confidence) over a specific period.
3. Interest Rates
News released by central banks and is used as a blunt instrument to control
the countries inflation.
4. Inflation
Consumer Price Index (CPI) – These measures the change in price of goods
and services from the consumers viewpoint.
Retail Price Index (RPI) – These measures the changes in price of goods
and services from the retails viewpoint.
 Producer Price Index (PPI) – These measures the changes in prices of
goods and services from the producer’s viewpoint.
5. Broad Economy
Gross Domestic Product (GDP) – This is also another key factor among the
economic data being released of different countries, the GDP measures the
growth rate of a countries economy on a yearly period.
Trade Balance – These measures the difference between export and import
goods (Import – Export). Export data provides the growth rate of a country,
while import provides data provides demand of good in a country.
Industrial Production – These measures the strength in the manufacturing
sector by providing the production output of industrial activities.
Purchasers Managers Index (PMI) – These measures the economic health
of the manufacturing sector.
6. Housing Data
Housing Price – These measures the residential building construction, home
sales and mortgage applications of a specific period.
7. Sentiment Indicators
Consumer Confidence Indicator (CCI) – These measures the level of
confidence consumers have in an economy, which usually tracks the
consumer spending within a country.
University of Michigan Sentiment Report (UoM) – Survey conducted by the
UoM which covers samples of both retail and business.

Below we have an example AUD/CAD, notice how the pair moves 93 pips in just an
hour, this is usually happens during fundamental news release. Depending on which
country the news are being released it automatically affects all other pairs that
currency is paired with.

Take into consideration were the President of South Africa randomly decides to drop
the minister of finance, to investor this is absolutely negative news and most
investors will look in pulling out their investments in South Africa. Instantly you will
see the price of ZAR dropping.
AUD/CAD 7 May 2019

This is the case with a lower than expected GDP results, an increase in
unemployment in the country, increase in inflation and most of the above mentioned
economic indicators. On the other side positive readings will affect the markets
positively, an increase in GDP will see ZAR gaining momentum during the news
release.

Now the question you might be asking yourself would be, yes now I understand what
is fundamental analysis but how do I exactly get to trade and profit from this news
releases. We going to dive into that right now.

Given a scenario were news (GDP results) are about to be released in South Africa
by 15:30, usually but not always the markets will be slow throughout the day ahead
of the release what one can do to profit, is by placing pending orders round about 15
minutes before the results are released.

By placing a BUY STOP and SELL STOP pending orders, allows you to profit either
way the market will go. Why BUY and SELL at once? Chances are you don’t know
how the outcomes will be and there is absolutely no time to watch or listen to
Governor as the moment he speaks the market will be moving aggressively and you
would not want to be left out.
We all know there are only two directions the market can move which is either up
“BUY” or down so we SELL. Do visit some of my YouTube video’s to watch exactly
how I get to trade and profit during new release.

As much as I said my goal is to help you become a profitable trader and how I will
help you achieve that, this method can be the most easiest to learn but yet most
challenging and can easily lead to losing a huge amount of money or possibly blow
your account out, if not executed correctly.

Above we have an illustration of how to execute a BUY STOP (horizontal blue trend
lines) and SELL STOP (horizontal red trend lines). We can also see that before our
news release, the past 15 hours price has been moving out very slow waiting for the
outcomes and right as the news was released price shot up massively helping us to
profit from our BUY STOP entry.

One major challenge with this strategy is that at times, news will be released and we
get to have the volatility we need but price happens to fall out and becomes
undeceive were both buyers and sellers get to have an influence in the market all at
once. In this case, price could trigger both BUY STOP and SELL STOP at once and
never head to our profit targets but rather hits both stop losses.

To prevent being blown out and losing a huge amount of money, it is important to
apply proper risk management. No question around that, placing fewer trades that
your account can handle even through a couple of losing trades, using a smaller lot
size. I know loads and loads of people who has their accounts wiped out in just
seconds if not minutes, and it is the last thing I would like to see happening to
anyone I have taught to trade.

One reason we introduced copy trading in our business and pushed it way more than
giving out signals was that with copy trading everything we do from our master
accounts, gets executed instantly to our clients where there is no delays with
executions or closing out trades from clients account. With our market experience
this allowed most of our client’s results improving a lot and just that brings complete
fulfilment.
 INTRODUCING BROKER (IB)

With almost coming to an end of this eBook, I hope we have achieved our goal in
helping you progress with all the knowledge we have shared. Right now we will
discuss a not so popular topic, as much as there are thousands of people out there
introducing clients to specific brokers of their choice. Most people are doing it wrong
and in the end they seem to be spamming people and overall making the industry to
look more like a complete scam.

If you were to take some time and visit any forex website that offers educational
content or blog posts, often enough you will see ads of various brokers on the site.
This is all IB we’re the site owner signs up an agreement with specific brokers based
on the great service of the broker and introduce that broker to their visitors and the
subscribers on the site.

Based on the number of visitors and interaction from the website, this can bring
additional revenue/commission for the website. Now with more interaction coming
from website or sales the broker can be able to compensate you more and also offer
you more products and services to help increase your business.

With that said, how can you as an intermediate or advanced trader take advantage
of this opportunity? Yes, not everyone will go out and build a website to provide
educational content to whatever it is your forex website has to offer, some like what I
did was to help all my clients sign up with my recommended broker whenever I
hosted my nationwide seminars. To come to a point where the broker noticed my
hard work and the great partnership we had and they started paying out all the
venues I hosted my seminars and workshops, they also assisted a lot more with the
marketing side of my business including other great offers.

One thing you need to consider before signing any agreement with any broker in
anyway, make sure that the broker has good intentions not just for your business but
also for your clients. I know a lot of IB's who sign with brokers only to be
compensated and disregarding the interest of their clients. It’s either the broker with
have poor trading platforms and support services, high spreads, charging high
commission and swap but for the fact that they only have their own interests at heart
they will pay the IB more so he/she brings business to them. So for your own sake
and putting the interest of your clients at heart make sure the agreement is fair to all
individuals.
Don’t get me wrong, there is absolutely nothing wrong with running an IB/Affiliate
business. TV stations such as Bloomberg, CNBC, CNN they all make revenues
through advertising, this includes sites such as your investing.com, forex factory and
daily forex we’re you find insightful content that is there to benefit investors and
traders at large. Trust me by choosing the wrong brokers and side lining the interests
of your clients will definitely have a huge impact on the downfall of your business.

Below are the three best IB Brokers to choose from:

Fx Primus Hot forex

CM Trading

By clicking on any of the images above you will be able to sign up for your own IB
with one of this top brokers, also connect with me directly +27 624055706 so I can
share more with you on how I was able to build a R2million in sales in my first year in
business and I will be glad to personally mentor you on building a successfully IB
business.
 TOP 5 BROKERS

In this chapter I will share with you the top 5 brokers to use and why?
Brokers are essentially the middle man, connecting retail traders with the markets.

Brokers are there to offer you fair pricing, trading platforms, essential support and
security to your capital. You need a broker to trade the forex market just as much
you need a bank to get paid or save your money brokers are there to facilitate all
your executions.

My list will be based on:

 Regulations
 Platforms and support services
 Local offices
 Minimum Deposit
 Withdrawals
 Social Trading
 Signals and Daily Market Analysis
 Seminars and Workshop

As a trader, it is important that you trade with a broker that is fully regulated within
your jurisdiction. I have personally experienced some issues with certain brokers that
when I look back and ask myself if it was for the fact that the broker had local offices
was I ever going to be able to resolve my issues.

It can be depressing that after you have traded and made significant profits and
when it comes to the point where you need to withdraw your funds, you start
experiencing issues. Don’t get me wrong, it’s usually that such cases arise, but I
have personally experienced it before and you never know what challenges you
might face. After all we dealing with foreign institutions and foreign currencies so due
to regulations and compliance there are cases where your funds need to verify
before they get into your local bank account to avoid fraud, scams and money
laundering.
Another key aspect you need to look for in a broker, it quality services. From trading
platforms, support services you don’t want to find yourself trading with a broker that
respond to you emails after days or weeks when you need urgent assistance.

This for me tops the list, I prefer trading with a broker which has local offices. I need
to know my account manager in person the stuff working within the broker of my
choice, this helps me in the case of whenever I had certain issues I can easily be
assisted and also whenever there are promotions or opportunities they can be easily
accessible. I will explain a but later about opportunities such as Introducing Broker or
IB which I already see a lot of traders are taking advantage of and how you should
as well.

Deposits and withdrawal of funds, as much as I feel that is absurd for traders to
deposit with any amount less than $100 as chances are you will lose it all in no time
but again it all depends on how much you can afford as an individual and how good
you are as a trader. If I were to advice anyone on how to fund their account with, it
will definitely be at least $1 000, that allows you to place more orders at once, be
able to sustain your account during losses instead of being kicked out of margin call
and another bonus is that one can live and sustain their lives on profits made from a
$1 000 account, which might not be the case with a $50/100 account.

After making all those profits, you would always want to withdraw and spoil yourself.
Be it taking vacations, partying, eating out in your favourite restaurants, buying a car,
clothes whatever the case might be. You will always prefer not having challenges
with withdrawals. There are brokers such as JP Markets were you can withdraw
funds in less than a day, while other brokers like Hotforex can take up to 4 working
days which is not a problem as it allows you to be patient and always plan out goals
better unlike daily withdrawals which lead mismanagement of personal funds but
again it all depends on an individual’s needs.

Additionally as a trader you will appreciate brokers that will go the extra mile to make
sure that they offer their clients efficient service. Educational seminars, educational
webinars, daily market analysis and copy trading, all this can be helpful in the growth
of any given trader and it helps in developing trust between a broker and their clients
so yah I hope this information was helpful for you guys on choosing the right broker
that you can work with and if you might still be in need of assistance regarding
choosing the right broker or it might be anything that has to do with forex, do text me
on WhatsApp I will be glad to assist in any way possible.

Hotforex Fx Primus CM Trading JP Markets IC Markets

Regulations FCSA, FCA, FCSA, FCA, FCSA FCSA FCA, CSEC
CSEC CSEC

Support Excellent Excellent Good Very Good Excellent

Service

Offices South Africa South Africa South Africa South Africa London
Dubai London London
London
Cyprus
Nigeria
Malaysia

Minimum $5 $100 $250 $5 $200

Deposit

Withdrawal 4 working 24hrs 24hrs 4hrs 4 working

days days

Copy No Yes Yes No Yes

Trading /
PAMM

Seminars & Yes Yes No Yes No

Workshops

Website www.hotfore www.fxprimus. www.cmtradin www.jpmarket www.icmarket

x.com com g.com s.com s.com
 SETTING UP YOUR OWN BROKER

With the increase rise of forex traders across the globe, one could tell there is a
great demand in the service. Which is why forex brokers have taken advantage of
being in the forefront of change by servicing those needs and demands.

We will look in great detail on how profitable is the forex brokerage business and
how can you as an individual or company can establish your forex broker.

First thing to take into account would be that running a forex broker is no easy
journey at all in fact it is a lot stressful and can be expensive to operate, more
especially to newly established broker hoping to make a mark in the industry.

There are 3 types of fx brokers to take note of Grey Label, White Label, Hard Label.

Grey label brokers would typical be entry level brokers where you basically register
with a Hard Label broker or Fx Brokerage Service Provider to help you set up the
broker and get personally branded website and branded trading platform (usually
mt4/5). Grey Label brokers usually carry limited features and control, like not being
able to manage clients funds and perform KYC along with various other hands on
management functions, this is all because it will cost slightly less for one to set up
and run a GL Broker. This can be an advantage if you don't have a large
organisation to work with or still new with hopes to build from ground up, otherwise
like any other business which has its own ups and downs if implemented correctly
Grey Label can be a profitable business.

On the other hand we have the White Label broker which I can say is the most
popular or rather most popularly approach for most individuals and cooperates who
wish to enter into the industry. Unlike the GL, WL broker are a bit expensive, mainly
because you get to option to be more hands on with the managerial aspects of the
business from branded trading platform, performing KYC, ability to manage clients
funds not forgetting the ability to obtain a large sum of profit if ran successfully.

Lastly, Hard Label brokers. You probably asking yourself now what is it that
separates HL with GL and WL? Firstly I would say it would be the cost, as it is the
most expensive and the fact that you would own almost everything within the
business.
Usually with the GL and WL you would find that you make profits through spreads,
commission and swap, with HL you would have the advantage to control and
manage everything under your own servers and brokerage firm, without having to
share commissions with liquidity providers and your service providers. Running a HL
is the most challenging which makes it no walk in the park as it can involve a lot of
complex management systems and maintenance, it would not be wise for new
broker to start this approach more especially to individuals with limited experience or
not having the right organisation as it could lead to huge capital loss.

All three businesses can be profitable but it is important that you do thorough
research and analysis to which broker suits you best. Also feel free to contact us for
any assistance on getting the best deal for your business, below we go deeper into
classifying the actual costs and features of each broker so that you make the right
decision when venturing into the forex brokerage industry.

Grey Label
Metaquotes:
 Metatrader 4/5 desktop: $1000
 Metatrader 4/5 mobile: $1000
Optional:
 Metatrader 4/5 webtrader: $750
 Website and maintenance: $500

White Label
Metaquotes:
 Metatrader 4/5 desktop: $1000
 Metatrader 4/5 mobile: $1000
Optional:
 Metatrader 4/5 webtrader: $750

 Development will have to include CRM/Traders Room system: $5000

 Website and maintenance: $500
 Organisation/Team: IT, HR, Finance, Sales, Support.

Hard Label
  Metaquotes:
 Metatrader 4/5 desktop: $1000
 Metatrader 4/5 mobile: $1000
 Metatrader 4/5 webtrader: $750
 Hosting Servers
 CRM/Traders Room: $5000
 Website and maintenance: $500
 Organisation/Team: IT, HR, Finance, Sales Dev., Support
 Office Space and Equipment’s
 Large client base

With all this said, I would highly encourage you to still go out there and do more
research on this to ensure you get clarity on everything before taking on the step and
signing up for a brokerage. Broader details are emphasised on our YouTube channel
do have a look as it includes more practical examples.

Now with all costs covered to get things underway, it is important to know where to
start if you were to establish your broker, who do you trust and whom not to trust,
why you can partner with the recommended entities, basically everything needed to
get the best service at the most cost effective manner.
 OUR SERVICES

At Ditshego Capital Markets we pride ourselves with the unique and great service we
offer to all our clients. With all the great experience we ensure all our clients are
satisfied and happy with the solutions we bring to them throughout our partnership
and beyond:

Forex Mentorship
Introducing Broker Mentorship
Copy Trading
Premium and Exclusive Signal Service
White Label for Forex Brokers

FOREX MENTORSHIP
 Forex 101
 Technical Analysis
 Fundamental Analysis
 Risk Management
 Trading Psychology
 FREE

INTRODUCING BROKER MENTORSHIP

 IB 101
 Choosing the best agreement
 How to run a successfully IB business
 Increasing sales
 Getting best deals for your business
 Things to avoid when running your IB business
 FREE

COPY TRADING
 Copy the best traders available
 Linking Trading Accounts
 20% fee on generated profits

SIGNAL SERVICE
Premium Signals:
 3 to 5 currency pairs daily
 Premium signal group
 Daily Market Analysis
 R500 p/m

Exclusive Signals:
 5 to 10 currency pair’s daily
 Exclusive signal group
 Daily Market Analysis
 Live NFP, FOMC, Interest Rate Trading
 Access to Live Trading at our offices
 R750 p/m

GREY & WHITE LABEL BROKER

 Branded Metatrade 4 or 5 (Mobile + Desktop)
 Website
 Members Area
 Integrated Payment Systems
 CRM/Traders Room
 Multi-tier IB System
 Information Security
 24/5 Support
 $2 500 (R31 500) excluding Metaquote fees
Available Payment Options:

Standard Bank FNB

Bank holder: Ashley Ditshego Bank holder: Ashley Ditshego

Account no: 013050087 Account no: 62705342806
Branch Code: 051001 Branch Code: 250655

SKRILL

Kindly ask for Skrill address @ +27 624055706

CONNECT MORE WITH US:

YouTube:
Click Here

WhatsApp:
Click Here

Facebook:
Click Here

Instagram:
Click Here

Twitter:
Click Here

Open Demo/Live Account:

Click Here
 DISCLAIMER
The material is provided as a general marketing communication for information
purposes only and does not constitute independent investment research. This should
not be considered as advice or investment recommendation or a solicitation for
buying and selling of any instrument.

All the information provided is gathered from reputable sources and any information
containing an indication of past performance is not a guarantee or reliable indicator
of future performance. Users knowledge that any investment in forex and CFD’s
products is characterised by a certain degree of uncertainty and that any investment
of this nature involves high risk for which the users are solely responsible and liable.
We assume no liability for any lose arising from any investment made based on the
information provided in this communication.