1. LETS GET TO KNOW FOREX LET LETS GET TO KNOW FOREX Prepaid by: Naz Hemn & Lazya Jalal Supervised by: Miss Sara Saffa SALAHADDIN UNIVERSTY COLLEGE OF ADMINISTRATIVE FINANCE AND BANKING DEPARTMENT

2. QUOTES FROM TOP FOREX TRADING EXPERTS IN THIS BUSINESS ( IF YOU PERSONALIZE LOSSES, YOU CANT TRADE )

3. OVERVIEW: 1. introduction 2. What is forex market 3. What is forex trading 4. What is a forex broker 5. What currencies can I tread 6. What are pips 7. Talking about bull and bear 8. kind of forex charts 9. Forex player 10. How to trade forex 11. 5 rules of successful forex traders 12. ABBREVIATIONS 13.Conclusion 14. References

4. BOURSE Is the convergence between seller and investors from the sale and purchase of the number of shares and bonds through the international companies in his area the stocks market called BOURSE

5. The origin term of BOURSE come from the name of Belgian family (VAN DER BEURZE ) who worked in the field of banking. And agreed that the hotel that owned by this family in the city of burgs was the forerunner of the local traders in the fifteen century and became a symbol of the capital market and commodity exchange

6. KIND OF MONEY MARKET Real Estate Money market Capital market Commodities Derivatives FOREX

7. INTRODUCTION Forex is the abbreviation for foreign exchange – the market in which one currency is converted into another. The forex market can also be referred to as the FX market or currency market. It is the world’s biggest financial market and one of the most liquid, with trillions of dollars in currencies traded every single day.

8.  Foreign exchange (also known as forex or FX) refers to the global, over-the-counter market (OTC) where traders, investors, institutions and banks, exchange speculate on, buy and sell world currencies.  Trading is conducted over the ‘interbank market’, an online channel through which currencies are traded 24 hours a day, five days a week. Forex is one of the largest trading markets, with a global daily turnover estimated to exceed US$5 trillion. WHAT IS FOREX MARKET

9. WHAT IS FOREX TRADING  Forex is one of the most traded markets in the world  In forex treading traders hope to granters a profit by speculating on value of one currency compared by another  This is why currencies are always traded in pairs the value of one unit of currency dose not change unless it is compared to another currency

10. WHAT IS A FOREX BROKER  Brokers act as intermediaries, facilitating trades by providing clients access to the 24-hour interbank in order to conduct trades.  FXTM offers a number of different accounts, each providing services and features tailored to our clients’ individual trading objectives. Discover the account that’s right for you on our account page. New to forex trading? Learn about the markets by opening a demo account page. account page demo account page

11. FOREX BROKERS Saxo Bank - Best Overall Saxo Bank IG - Best for CFDs, Most Trusted IG Swissquote - Best for Crypto, Banking Swissquote CMC Markets - Best Currency Offering CMC Markets FOREX.com - Best Balanced Offering FOREX.com

12. WHAT CURRENCIES CAN I TREAD  You can trade almost any currency depending on which currency pairs you dealer offers  Forex.com has over 50 pairs to choose from  As new trader,however,you will probably make your first trade with eight of the most commonly currencies in the world

13. UNDERSTANDING 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 display below shows the forex pair EUR/USD (Euro/US Dollar), one of the most common currency pairs used on the forex market.

14. Quote Currency Spread Pips Base Currency EURUSD Bid Price 1.0916 Ask Price 1.0918 Ask Price - Bid Price 1.0918 - 1.0916 = 0.0002 (2 pips) Ask Price - Bid Price 1.0918 - 1.0916 = 0.0002 (2 pips)

15. WHAT ARE PIPS  A point in price – or pip for short – is a measure of the change in a currency pair in the forex market.  The acronym can also stand for ‘percentage in point’ rice movements, and it represents a change in a ‘price interest point  A pip is used to measure p a currency pair.  Most currency pairs are quoted to five decimal places.

16. LETS TALK ABOUT BULL AND BEAR A BULLISH TRADER A BEARISH TRADER Buys a financial product to sell at a HIGHER price Sells a financial product to buy at a LOWER price IN TRADITIONAL BULL MARKET Stocks and bonds are rising in value. Traders buy to enter the market and find the profit potential IN TEADITIONAL BEAR MARKET stocks and bounds are declining in value traders sell to exit the market and minimize losses. Many traditional market don’t allow traders to sell to enter the market to find profit potential

17. EUR/USD - LONG POSITION EUR/USD - SHORT POSITION

18. CANDLESTICK CHART A candlestick is a chart, also known as a Japanese Candlestick Chart, and is favorite by traders due to the wide range of information they portray. The chart displays the high, low, opening and closing prices. HIGHER PRICE LOWER PRICE

19. BAR CHART A bar chart shows the opening, close, high and low of the currency prices. The top of the bar represents the highest paid price and the bottom indicates the lowest traded price for that specific time period.

20. LINE CHART A line chart is easy to understand for forex trading beginners. In a line chart, a line is drawn from one closing price to the next. When connected, it is easy to identify a general price movement of a currency pair throughout a time period and determine currency patterns.

21. FOREX PLAYER (Bank) There are several distinct groups of participants in the forex market. The largest group of forex traders in terms of the total dollar value of trading that they account is comprised of COMMERCAIL AND INVESTMENT BANK (government ) Government through their central bank are also major players in the forex market companies Large companies that operate internationally are also substantially involved in forex trading up to hundred of billions of dollar annually Last but certainly not least are individual forex traders speculators who trade the forex market. traders

22. HOW TO TRADE FOREX 1)Understand forex terminology 2)Read forex quote 3)Decide what currency you want to bye or sell 4)Learn how to calculate profits

23. OPNING AN ONLINE FOREX BROKEREG ACCOUNT 1.Research different brokerage 2.Request information about opening an account 3.Fill out appropriate paperwork 4.Active your account

24. STARTING TRADING 1)Analyze the market 2)Determine your margin 3)Place your order 4)Watch your profit and loss

25. 5 RULES OF SUCCESSFUL FOREX TRADERS 1)Never risk any more thane you can afford 2)Always use a stop loss order 3)Decide your exit point before you enter a trade 4)Take a breather if your equity has taken a dive 5)Don’t let your emotions call the shots

26. ABBREVIATIONS USD JPY AUD CAD MXN DKK GBP TRY NZD NOK EUR CHF EURO US DOLLAR JAPANES YEN BRITISH POUND SWISS FRANC AUSTRALIAN DOLLAR CANADIAN DOLLAR N.ZEALAND DOLLAR MEXICAN PESONORWEGIAN KRONEDANISH KRONE TURKISH LIRA

27. CONCLUSION  in today’s global market place, there is a critical need for almost everyone to understand foreign exchange like never before. As the world shrinks, there is an ever-increasing likelihood that we will be required to address the risks associated with the fact that there are different currencies used all around the world and that these currencies will have an immediate impact on our world. We must be able to evaluate the effects of, and actively respond to, changes in exchange rates with respect to our consumption decisions, investment portfolios, business plans, government policies, and other life choices (both financial and otherwise).

28. REFERENCES Https://www.oreilly.com/library/view/foreign-exchange-a https://www.forextime.com/education/forex-trading-for- beginners https://www.forextime.com/education/forex-trading-for- beginners https://www.ig.com/en/glossary-trading-terms/forex- definitionhttps://www.ig.com/en/glossary-trading-terms/forex- definition https://www.forexbrokers.com/guides/forex-trading

29. THANK YOU FOR LISTENING ANY QUESTION