STUDENTS

AND
BEGINNERS
LEVEL ONE
Introduc on Trading Time And Trading Sessions
What Is Forex Terminologies Used In Forex
What Is Traded On Forex Forms Of Trading
Who Is A Forex Broker Currency Pairs

LEVEL TWO
Introduc on What’s Bitcoin Mining
What’s Bitcoin What Bitcoin Mining Actually Does
Type Of Bitcoins How To Mine Bitcoin
Advantages Of Bitcoin

LEVEL THREE
What is a PIP Common mistakes made by traders
What is a spread Trading plans
Concept of take profit and stop loss Mt4 interface part 2
Leverages
Lot size
Risk MGT
 STUDENTS AND BEGINNERS GUIDE

LEVEL FOUR
How To Know When To Actually Buy Or Sell Fibonnacci Level
How To Generate Signals For Your Selves Pivot Points
Time Frame And Analysis Elliot Wave & Fractals
Support & Resistance Level Charts Pa ern
Candle Stock Analysis

LEVEL FIVE
How to know and avoid fraudsters who claims
to be miners and brokers in the market

Basic steps to reclaim your scammed BTC

through RAMOSW (repor ng and monitoring
of sent wallet )

General knowledge

LEVEL SIX
How to get started prac cally Withdrawal
How To Create Trading Account Payout
Funding Investment Plans
Trading cycle
 STUDENTS AND BEGINNERS GUIDE

LEVEL 1
INTRODUCTION

T
his document contains pertinent information that will furnish users with the
primary and background knowledge about forex and crypto trade. It purposely put
into use, students after study of this guard can be able to know what’s forex trade,
trading times and sessions, terminologies used in forex, forms of trading, currency pairs,
cryptocurrency, types of cryptocurrencies, merit and demerits of cryptocurrencies, crypto
mining, pip, spread, concept of take and stop loss, leverage, lot size, risk management,
trade plans, when to buy and sell, how to generate signals, time frame and analysis,
support and resistance level, how to create trading account etc.

WHAT’S FOREX
Forex is just a short form for ‘’Foreign exchange’’ Forex is one of the Largest market in the
world with a Total Daily Liquidity of $5.3 Trillion dollars per day (the amount of money
people are gaining per day in forex) The New York Stock Exchange which is the Second
Largest Market is having a Daily Trading Volume of $169 Billion Dollars as we can see in
the Statistics above. While the Crypto market, for those of us who know about Bitcoins
has a Total Market cap of just $236 Billion as of today, this is not even the Daily Volume.

WHAT IS TRADED ON FOREX

Someone would ask, What is Traded on the Forex market. This is not the form of market
where buy your clothes or shoes. In Forex market we Trade the Following

Spotoil
Fxepro
Futures
Gold
Silver
Crypto
Commodities
Shares US
Shares Uk
Bonds etc.
 STUDENTS AND BEGINNERS GUIDE

WHO IS A FOREX BROOKER

Forex Brookersare Firms that gives you access to the
Forex market.They provide U as a Trader access to
the Financial market by providing a Trading account
for you. They gives Traders what we call Leverage.
(we would see that soon) They also provide Support
Functions to the traders

There are various Brokers in the Forex MarketWe have, they includes

MINERS (various Cryptocurrency mining rms)

HOTFOREX
FXEPRO
FXTM
FXCM
FBS
LITEFOREX
ETC

Trading times and trade sessions We are entering into the most vital part
of this Training. If you were distracted before, focus because your proper
understanding of the Forex market would be determined if you actually
know the Forex cycle.

There are Various Trading Times and Trading Sessions

in Forex They include

Sydney session Opens by 9pmGMT

Tokyo session opens by 11pmGMT
London session opens by 7amGMT
Frankfurt session opens by 8amGMT
New York session opens by 1pmGMT

The forex market is a 24 hours open market, It is most times regarded as the Market
that never Sleeps because it's open for 24 hours of the day except on Weekends. So
no matter where you are around the World.
 STUDENTS AND BEGINNERS GUIDE

TERMINOLOGIES USED IN
FOREX TRADING
The following are the basic terminologies ever used in the FOREX TRADE market
To go ‘’Long” means to buy
To go “Short” means to sell.

If a Trader tells you that he went Long on a Currency pair. He meant that, He bought the
pair. While if they tell you that they Short a Currency pair, it means that they Sold the
pair.
Bullish market means a market that is going Upwards.
Bearish market is a market that is going downwards.
The Buyers are referred to as Bulls
The Sellers are referred to as Bears
Market is said to be Ranging, if it does not have any particular direction. It's neither
moving Upwards not Downwards
Trending: Market that has a direction.It's either moving Upwards or downwards
NFP means “non farm payroll”
Hawkish: This term is mostly used when referring to the Central Bank Governor or
personell of a Country. When they are Hawkish, they tend to be liberal on interest rate
and are willing to increase it. This is good news for investors
Dovish: This is the opposite of Hawkish.
Financial personnel who are Dovish are very restrictive. They do not want to tamper with
the interest rate. They even want to reduce it.This is bad news for investors.

Also Most of the Currency pairs have specic names in which they are called.... We
would get to know them soon

The dollar is sometimes called Greenback

The Pounds is called the cable
The New Zealand dollars is called the Kiwi
The Australian dollars is the Aussie
The Canadian Dollars is called the Loonie
Oil is referred to as the Black Gold Etc
 STUDENTS AND BEGINNERS GUIDE

FORMS OF
TRADING
There are basically two forms of Trading in Forex and they are
Fundamental analysis
Technical analysis

FUNDAMENTAL ANALYSIS: This analysis that depends on economic

news. We see all these news on cnn, Bloomberg, cnbc etc. Also your MT4
App has a Summary of News Section. It's been said that News is what
moves the market. Everyday Varrious news are being released by these
major countries and they either positively Or negatively affect the
Currency pair involved and then you make your Trading decision based on
the news u heard.

TECHNICAL ANALYSIS: This form of Trading is when you analysis the

Market using Indicators, Charts Patterns, Candlesticks, Fibonacci,
Support and Resistance, Pivot Points, Elliott waves etc. When you use any
of the above to analyze the market, It's called Technical Analysis. Majority
of what we listed on the Course outline are Technical Analysis it's the most
popular form of Trading. This is because High Volatile news is not released
everyday so you can't just depend on Fundamental Analysis alone.
Everyday can't be Christmas

So as a Forex trader, You must learn how to trade the market using
Technical Analysis.

CURRENCY PAIRS: All transactions made on the forex market involve the
simultaneous purchasing and selling of two currencies, these are called
‘currency pairs’, and include a base currency and a quote currency.

The diagram below represents the Forex pair EUR/USD (Euro/US Dollar),
one of the most common traded currencies on the Forex Market.
 STUDENTS AND BEGINNERS GUIDE

LEVEL 2
WHAT’S CRYPTOCURRENCY
Colloquially speaking, cryptocurrency refers to a unit of digital currency.
Some also incorrectly use the term crypto synonymously when referring to
blockchain technology in general. Unlike traditional at currency, there is
no local government or central bank controlling crypto. To control ination,
the supply of crypto that is gradually minted is capped, meaning that only
21 million coins will ever exist.

TYPES OF CRYPTO-CURRENCIES
Bitcoin
Ether
Bitcoin cash
Stellar
Algorand
Wrapped-DGLD
USD Digital
Tether
Etc

ADVANTAGES OF CRYPTO-CURRENCIES
Crypto is a deationary currency
No involvement of third party
Eliminates the risk of fraud
Low transaction fee
Easy to use in any situation
Unbreathable and anonymous wallets
Simplied international payment for merchants
Smart contracts

DISADVANTAGES OF CRYPTO-CURRENCIES
Lost of signal
Prot drop
Signal renewal
Slow increase of prot due to fall of bitcoin
Account may be pendent due to multiple attempt to change password
Account may be restricted if third party involvement is suspected
 STUDENTS AND BEGINNERS GUIDE

WHAT’S CRYPTO MINING

Crypto-currency mining is said to be the backbone of the Crypto network.
Miners provide security and conrm Crypto transactions. Which means
without the effort of Crypto miners, the network would be attacked and
dysfunctional. Miners are securing the network and conrming Crypto
transactions. Miners are paid rewards for their service every 10 minutes
in the form of new Crypto-currencies.

WHAT CRYPTO MINING ACTUALLY DO?

This is another basic question we're asked almost everyday! There are
many aspects and functions of Crypto mining and we'll go over them
here. They are:
1. Issuance of new Crypto
2. Conrming transactions
3. Security, Can we just say Mining can be said to be the process by
which new bitcoin are issued. Traditional currencies--like the dollar or
euro--are issued by central banks. The central bank can issue new
units of money ay anytime based on what they think will improve the
economy.Bitcoin is different.With Bitcoin, miners are rewarded new
bitcoins every 10 minutes.

HOW TO MINE CRYPTO

Actually want to try mining crypto Well, you can do it but it might not be
protable for most people as mining is a highly specialized industry, so to
begin you have to mine under the collaboration of professional miners.
we’ll show you some few steps you can take to get started mining bitcoins
right now.
Step 1: Get a crypto wallet and buy your preferred cryptocurrency into it.
Step 2: Search for a crypto mining rm.
Step 3: Get registered under them either as a partner or client.

They will mine (breed) your crypto along with that of others and return
prot according to the agreed time and expectation prot by both parties
and demand for a particular percentage of prot may be 15% or 20%
depending on rm policies as payment of job well done.
 STUDENTS AND BEGINNERS GUIDE

LEVEL 3
What is a PIP: The abbreviation of “point in price” or percentage in point” and it is
the smallest unit of price movement in the foreign exchange market. For example,
when the exchange rate of EUR/USD moves to 1.1552 from 1.1550, the currency
pair has risen by 2 pips (or 0.0002)

WHAT’S BID AND ASK PRICE

Bid price: is the price buyers are willing to buy pair, While
Ask price: is the price that sellers are willing to sell. In Forex, the Bid and Ask price
work same way. However not as exuberant as the one Banks exploit us with. So The
Bid Price is that price that Buyers also in Forex are willing to Buy whileAsk price is
the price that the Sellers are willing to sell. Here Buyers and sellers are not human
beings. It's the market in this case.. You Buy from the market and Sell to the
market.

WHAT’S FOREX SPREAD

The difference between the ask price and bid price is known as the spread. The
spread represents the cost of a transaction; the lower the spread, the lower the
cost. A spread is inuenced by a number of factors: the supply of the asset, the
stock’s trading activity, and the total demand or interest in a particular asset

TAKE PROFIT
This is a form of market order that tells your Broker to Close your Trade for You
and Lock in your Prot when your Trade moves a certain number of Pips in your
desired direction even if you are not online.

STOP LOSE
This is another important form of Market order, which is like the opposite of the
Take Prot order that we saw earlier Here you are giving your Broker an
Instruction to Close your trade when the market wants to go against you.

FOREX LEVERAGE
Forex leverage is offered by brokers to enable traders to maximize their trading
potential. In a simple term leverage is the ability to use something small to control
something big. The forex market offers higher leverage than other markets, and
this attracts potential traders.
 STUDENTS AND BEGINNERS GUIDE

LOT SIZE
Lot size is the amount / quantity
of a Trade that bought or Sold.
It's sometimes called your
Position size / Trade size. The
higher the lot size, The higher
your prot and the higher your
loss if the market go against your
analysis.Also the lesser the lot
size, the lesser your prot and the
lesser your loss too in case the
market go against your analysis.

Standard lots contains 100,000

units and is represented on MT4 BY 1.0
Mini lots contains 10,000* units and it’s represented on MT4 BY 0.1
Micro Lot contains 1,000 units and is represented on MT4 BY 0.01

Example
Standard lotsize 1 PIP = $10
Mini lotsize 1 PIP = $1
Micro lotsize 1 PIP = $0.1

RISK MANAGEMENT
Risk management comprises individual actions that allow traders to protect against
the downside of a trade. More risk means higher chance of sizeable returns – but also a
greater chance of signicant losses. Therefore, being able to manage the levels of risk
to minimize loss, while maximizing gains, is a key skill for any trader to have. How
does a trader do this? Risk management can include establishing the correct position
size, setting stop losses and controlling emotions when entering and exiting positions.
Implemented well, these measures can prove to be the difference between protable
trading and losing it all.

LEVEL 4

HOW TO KNOW WHEN TO ACTUALLY BUY AND SELL

Buying and selling forex pairs involves estimating the appreciation/depreciation in
value of one currency against the other. This could involve fundamental or technical
analysis as a foundation of the trade. Once a basis has been formed, the trader will look
to other technical and fundamental aspects. Key levels of entry and exit will follow,
keeping in mind risk management processes.

FACTORS WHICH AFFECT CURRENCY PAIRS

POLITICAL EVENTS
Government instability, corruption and changes in government can affect the value of a
 STUDENTS AND BEGINNERS GUIDE

currency – for example, when president Donald Trump was elected the Dollar soared
in value!

ECONOMIC POLICY
From a fundamental start point, foorex traders keep a close eye on unemployment
gures, GDP, monetary and scal policies (just to name a few) which have inuence
over the value of currencies. Our economic calendar shows upcoming events which
may shake up the nancial markets.

TECHNICAL ANALYSIS
Technical traders favor key price levels (supports and resistance) trends and other
indicators to form a basis for their forex trades.

How to buy and sell EUR/USD Using the EUR/USD currency pair
we will provide an example of how and when to buy or sell forex. Let’s say you want to
buy the EUR/USD if the EUR goes up in value relative to the USD, the trade is sold,
you could have made a prot (depending on commission and other fees). A trader in
this example would be buying the EUR and selling the USD at the same time. As an
example, if the EUR/USD pair was bought at 11300 and the pair moved up to 11504 at
the time that the trade was closed/exited, the prot on the trade would have been 204
pips is shown in the chart below.

IN THIS EXAMPLE THE TECHNICAL PERSPECTIVE WAS UTILIZED:

•Entry level - Morning star candlestick pattern shows a potential entry point, which
was substantiated by the use of the RSI indicators which displays an oversold signal.

•Exit level – Using key price levels of to set initial take prot level.
Similarly, a fundamental trader could trade the USD/JPY currency pair by following
political and economic news. For example, if a fundamental trader expected the Fed to
hike interest rate, this may attract greater foreign investment into the US, and thus
more demand for the home currency (USD).

The trader could then look to enter into a long (buy) position in anticipation of the USD
to appreciating in value. Of course, this is not absolutely certain as economic
principals/theory do not always translate to real world conditions. Taking short
positions on forex pairs is slightly more complex as opposed to buying. Read more on
how start forex that gat more insight.

UNDERSTANDINGS RISK MANAGEMENT WHEN

BUYING AND SELLING FOREX
Risk management is essential to longevity in forex
trading. This does not simply include a positive
risk/reward ratio but understanding the potential
swings in volatility as well. Factors affecting forex
pairs can have signicant impacts at times so
preventing adverse effects on your trade can be managed by implementing proper risk
management techniques. Buying and selling forex can be complex, therefore
 STUDENTS AND BEGINNERS GUIDE

understanding the mechanics behind it, such as how to read currency pairs is
essential prior to initiating a trade. We also recommend reading our forex guard for
beginners to get a crash course on the basics of forex trading.

TIME, FRAME AND ANALYSIS

This involves monitoring the same currency pair across different frequencies (or time
compressions). While there is no real limit as to how many frequencies can be
monitored or which specic ones to choose, there are general guidelines that most
practitioners will follow.In order to consistently make money in the markets, traders
need to learn how to identify an underlying trends and trade around it accordingly.
Common clichés include: "trade with the trend," "don't ght the tape," and "the trend
is your friend." But how long does a trend last? When should you get in or out of a
trade? What exactly does it mean to be a short-term trader? Here we dig deeper into
trading time frames.

SUPPORT AND RESISTANCE LEVEL IN TRADING

Support’ and ‘resistance’ are terms for two respective levels on a price chart that
appear to limit the market’s range of movement. The support level is where the price
regularly stops falling and bounces back up, while the resistance level is where the
price normally stops rising and dips back down. The levels exist as a product of supply
and demand – if there are more buyers than sellers, the price could rise, and if there
are more sellers than buyers, the price tends to fall.

CANDLE AND STOCK ANALYSIS

A candlestick shows an asset’s price movement over a set amount of time. This can be
anywhere from a minute to a day, depending on the price chart. They display four
different price levels which an asset has reached in the specied time period: the
lowest point in an asset’s price, the highest point, and the open and close prices.

FIBONACCI LEVELS
The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not
ofcially a Fibonacci ratio, 50% is also used. The indicator is useful because it can be
drawn between any two signicant price points, such as a high and a low. The
indicator will then create the levels between those two points.Aug 1, 2020

PIVOT POINT
A pivot point is a technical analysis indicator, or calculations, used to determine the
overall trend of the market over different time frames. The pivot point itself is simply
the average of the high, low and closing prices from the previous trading day.

Elliot waves and fractals

Elliott waves and fractals proposed that trends in nancial prices resulted from
investors' predominant psychology. He found that swings in mass psychology always
showed up in the same recurring fractal patterns, or "waves," in nancial markets Let
me show you another picture. Pictures are great, aren’t they?
 STUDENTS AND BEGINNERS GUIDE

Do you see how Waves 1, 3, and 5 are made up of a smaller 5-wave impulse pattern
while Waves 2 and 4 are made up of smaller 3-wave corrective pattern?You’re seeing
fractals!

Chart Pattern
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In
stock and commodity markets trading, chart pattern studies play a large role during
technical analysis. When data is plotted there is usually a pattern which naturally
occurs and repeats over a period.

LEVEL 5
How to know and avoid fraudsters who claims to be traders and miners in the
market
The rst thing to notice about a self acclaimed trader who is a fraudster is the way and
manner he presents his prot rate, fraudsters always presents high prot rate in other
to get clients attention. Example send me $1,0000 and get $15,000 next in couple of
days.

Second factor to note about fraudsters is that they mostly ask clients to send money to
trade on behalf of them instead of teaching and guarding them to start on there own.

Third factor to note the content of statements they post along there stolen pictures, if
you can take time to study there statements you will denitely know they are scammers,
statements like, Time wait for no man, this is the opportunity for you to get rich, Start
today and become a billionaire next week etc.

Fourth factor is that they never talk of loss, they only burst on prot prot prot,
forgetting that just like every other market, the forex trading too involves prot and
loss, there are most times have lost a lot of money both my capital but the good thing is
that in this market you have the ability to control (pause) your trade when you notice the
market is going down.

Again what to notice about them is they can’t be able to give a beginners a
comprehensively note or guard line forex, crypto and BTC, they will just worryingly tell
you to send money without teaching clients how there money will generate interest in
the market.I can move so on and on but i think i have to stop here unless students needs
more explanations.

Steps to reclaim your stollen BTC This is basically for students and clients that are
victims because the process demands private details and informations to be
accomplished.
 STUDENTS AND BEGINNERS GUIDE

General Knowledge
Don’t bank hope on education, degrees, connection and skill, rather bank faith on
God and opportunities.
According to Warren Buffet if you don’t don’t nd a way to make money while you
sleep, you will continue to work the rest of your life.
Fear is the elder brother of stagnation, you can’t go far living with it.
There are so many ingredients of success, belief is one of them.
A large percent of success depends on one ability to overcome fear and
procrastination.
Let bitcoin be making money for you while you sleep.
Stop killing yourself for a job that will replace you in a week if something bad happen
to you, have a second source of income.
The way to become rich is to invest money and not to save it.
No one is going to knock your door and force you to be successful, you have to take a
decision and work for it.
Achievers are risk takers.
The only way to grow is to empower others to grow irrespective of who they are!
Empower other to extra empower yourself, When you empower people, it’s very hard for
you to fall because those you have empower will surely raise you up, What you have
planted will always grow according to the way you watered the seeds.

LEVEL 6
HOW TO START PRACTICAL
I alway advice beginners to start with bitcoin mining platform because unlike forex,
bitcoin mining is basically safer, though less protable because in bitcoin mining the
process is been carried out by licensed (professional) mining rms and helps min you
bitcoin along with others, they gives you a prot range and sign legal investment
contract with clients. You’re only made to pay 15% to 25% of the total prot to the rm at
the end of every successful trade. Percentage depends on the prot made.

How To Create Trading Account

Student/Beginners will start by downloading and registering a preferred crypto wallet
that is recognized in your country for yourself, a crypto wallet is referred to be crypto
bank and only you will have access to it. After creating you buy crypto worth your
startup capital and after that you then again register with the Bitcoin mining rm that
will be assigned to you.

Take note, don’t send money to any one because crypto mining is traded only with
cryptocurrencies and not with money and also never for any reason give out your login
details to third party. And also note that you’re the only one that has access to the
account, only can authorize funding and withdrawal process. Mining only take place
systematically which you’re going to monitor as trade proceeds, you have the ability to
stop or proceed trade through your account.
 STUDENTS AND BEGINNERS GUIDE

Funding
Funding is the process of crediting your trading (mining) account with bitcoin.
Immediately you register with the Bitcoin mining rm, a personal bitcoin address will be
created for your account which all transactions both funding and withdrawal will be
made.

Trading cycle
There two basic trade cycles and they’re short term trading cycle and long term trading
cycle.

Short term: This trade last for seven to ten mining days after which withdrawal
proceed.

Long term: This trade last from one month and above before withdrawal proceeds.

Withdrawal
Withdrawal is the process of claiming your investment (mining) prot out from your
trading account and this is done as soon as mining days completes. How ever there are
two basic ways to make withdrawal and they withdrawal through bitcoin wallet, bank
account or waybill in rare cases where Bitcoin wallet or bank account signals are not
responding to your account. How ever, before withdrawal will be authorized, You’re
expected to pay 15% to 20% of the total prot made to the rm at the end of every
successful trade. Percentage depends on the over all prot made.

MINING
CATEGORIES
LITE PRIME
$500 to earn $2,390 $2,000 to earn $10,212
$700 to earn $3,500 $2,500 to earn $12,609
$1,000 to earn $5,112 $3,500 to earn $17,705
$1,500 to earn $7,311 $5,000 to earn 26,290
 STUDENTS AND BEGINNERS GUIDE

EXECUTIVE HERO
$10,000 to earn $63,742 1Btc to earn 3.5Bitcoin
$20,000 to earn $127,054 $2Btc to earn 7.3Bitcoin
$30,000 to earn $216,075 $3Btc to earn 12.8Bitcoin`

Well the crypto market is not an online Gucci or Adidas shop that gives you exactly
what you ordered for, the market is controlled by jump, currency ination, currency
exchange, signals, recession, speculation, government debt, political stability and
performance etc.

Thus prot target is not static but dynamic, which means you may not hit the exact
or stated amount of prot at the end of trade. Prot might raise above designated
amount or below but not 16 to 23% above or below.