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TO FOREX
THE FOREIGN EXCHANGE MARKET STARTED IN 1973 WHEREBY IT’S THE BUYING AND
SELLING OF CURRENCIES. FOREX FIRST STARTED WITH BANKS BECAUSE THEY HAD
AN FSP LICENSE WHICH ENABLED THEM TO TRADE ON BEHALF OF PEOPLE AND
PROVIDE FINANCIAL SERVICES. BEFORE FOREX CAME INTO EXISTENCE PEOPLE USED
TO TRADE COMMODITIES WHICH IS KNOWN AS OIL AND SPICES.
INTRODUCTION
TO NASDAQ
• NASDAQ IS AN AMERICA STOCK EXCHANGE. IT IS THE SECOND-LARGEST STOCK
EXCHANGE IN THE WORLD BY MARKET CAPITALIZATION, BEHIND ONLY THE
NEW YORK STOCK EXCHANGE. NASDAQ WAS ORIGINALLY AN ACRONYM FOR
THE NATIONAL ASSOCIATION OF SECURITIES DEALERS.
PEAKS
WHAT ARE TROUGHS?
Troughs
SUPPORT & RESISTANCE
There is no general
direction.
ENTRY POINTS
Entry, Sell
SL
Close positions
ENTRY POINTS
Entry, Buy
Close Positions
SL