Online Forex Tutorial. By realtimeforex.com.pdf - Online...

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Online Tutorial © 2004 Realtime Forex - - 2 - Table of contents I. Forex Online Trading ...................................................................................................... 5 1. What is Forex ? ........................................................................................................... 5 2. Technical and Fundamental Analysis ......................................................................... 6 a. Technical analysis ................................................................................................... 6 b. Fundamental Analysis ............................................................................................. 6 3. Psychology of Trading ................................................................................................ 8 4. Forex vs Equities and Futures ..................................................................................... 9 5. The 8 most important trading recommendations ...................................................... 10 6. Why trade Forex with Realtime Forex SA ? ............................................................. 11 II. Types of Orders ............................................................................................................ 12 1. Types of Orders ......................................................................................................... 12 2. Market Order ............................................................................................................. 13 3. Limit Order ............................................................................................................... 14 4. Stop Orders ............................................................................................................... 15 5. OCO Order - One Cancels the Other ........................................................................ 16 6. IF DONE Order ......................................................................................................... 17 7. Loop Order ................................................................................................................ 18 III. The Basic of Technical Analysis : .............................................................................. 19 1. Support ...................................................................................................................... 19 2. Resistance ................................................................................................................. 20 3. Trend ......................................................................................................................... 21 4. Channel ..................................................................................................................... 23 5. Double top (reversal formation) ................................................................................ 24 6. Double bottom (reversal formation) ......................................................................... 25 7. Triangle ..................................................................................................................... 26 8. Head and Shoulders .................................................................................................. 27 9. Fibonacci ................................................................................................................... 28 IV. Types of Chart ............................................................................................................ 30 1. Introduction ............................................................................................................... 30 2. Line Chart ................................................................................................................. 30 3. Bar Chart ................................................................................................................... 31 4. Candlestick Chart ...................................................................................................... 32 V. Candlestick ................................................................................................................... 33 1. Introduction ............................................................................................................... 33 2. Falling Three Methods .............................................................................................. 36 3. Rising Three Methods ............................................................................................... 36 4. Doji ........................................................................................................................... 37 a. Dragon fly doji (Dragongly) ................................................................................. 37 b. Gravestone doji (Pagoda ....................................................................................... 37 c. Long-legged doji ................................................................................................... 38