Forex

All you need to know
about forex trading


Flex245 is designed to take you through the process from beginning to end to get you up and running. This is forex trading for beginners. Except we take you a lot further than just beginner!

Most people browsing the internet to learn about forex trading are wanting to start to make money straight away. If you have the money to throw away then sure, go right ahead. But if you are considering forex trading as a genuine career or even a way to earn a bit extra on top of your job then there is quite a bit that you should learn. None of it is rocket science, there are no overly complicated equations (unless you’d like some) but there is a lot of information.


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Avoid
forex scams

Like with any profitable enterprise, there are scams. Coupled with the ability to trade from anywhere with a broker based in a foreign country, it is easy for people to invest with the wrong people.

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What is
forex training

Many sites offering their “holy grail” or selling you “secret methods” and that sort of thing. The truth is that there are no secrets to trading forex.

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Which forex pairs
should you trade

Never pick just a few pairs because market conditions change. There are some pairs that should always be considered before you start your trading session.

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Forex market size
and liquidity

The forex market is an over the counter market because it is run electronically between a massive network of banks and it operates 24 hours a day.

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Best time
to trade forex

You must consider when the best time to trade forex is. It can vary from person to person. There are a few key things you should consider before settling down.

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How to read
a forex chart

We are going to run through a few of the basic things that a forex chart can show us before you even start adding indicators and that sort of thing.

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Important
forex terms

Forex trading is not exactly rocket science, but there is a lot of information which will be broken up.

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Crossover
strategy

It is impossible for you to get a proper idea of what Forex trading is without at least learning a little bit of a strategy.

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