| 1 |  | What is a bullish market A Bullish market is one that is controlled by the bulls - its a temporary period of the market. Forex market is either bullish, bearish or sideways at any given point of time. |  |  |  | | 2 |  | What is a bearish market A Bearish market is one that is controlled by the bears - its a temporary period of the market. Forex market is either bullish, bearish or sideways at any given point of time. |  |  |  | | 3 |  | What is a sideways market A Sideways market is one that is neither controlled by the bulls nor bears - infact, both bulls and bears are trying to get control of the market. Sideways market usually occurs when there is no positive or negative economical data from both the countries. |  |  |  | | 4 |  | What is a Trending Market What is a Trending Market |  |  |  | | 5 |  | Choosing your team Bulls vs Bears The rules are simple - its not loyalty that counts. Its that the losers give their money to winners and the winners grab their winnings from losers - At any given point only one team - either bulls OR bears - can be the winners for THAT specific period of time - choose the winning team - always. |  |  |  |
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 | | 1 |  | History of Forex Beginners guide to forex trading. This isthe first chapter in BASIC. Topics include history of money, about forex, analysis, currency pairs & trading lots. |  |  |  | | 2 |  | Introduction to Forex Learn the terms and their meanings that will be used in forex trading on a day-to-day basis. You can revisit this chapter whenever you are in doubt |  |  |  | | 3 |  | Opening a demo trading account Good traders always test their strategies on a demo account before using them on their live account - its just common sense. |  |  |  | | 4 |  | Entries and Exits If finding a good place to enter the market is a huge task in itself - exit (closing the trade) is equally and sometimes more important. Traders often find themselves giving away the money they made due to improper exits. |  |  |  | | 5 |  | Market players Two main parties rule any market - The Bulls and the Bears. When they are in tug of war or regathering their troops - the market goes sideways. |  |  |
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