SUPERTR
A DE R X
Tr a d e w
ith Gol
den
To u c h
By : Hafizzat
STX
HAFIZZAT RUSLI
FOREX TRADER | TRAINER| AMBASSADOR
By : Hafizzat
STX
HAFIZZATS STORY
Hafizzat Rusli, 24 delved into the world of forex trading even before he
reached the age of 17.
He saved all his earnings as a waiter to start trading. Within less than
a month he grew his relatively small capital of USD500 into more than
USD20k.
Hafizzat set about training and educating himself with a vengeance.
He learnt from the best he could find but more importantly he acquired
and honed his own trading skills and strategies.
FXPrimus, one of the industrys fastest growing brokers, approached
Hafizzat and appointed him as their Super Introducing Broker which is
quite a feat for a boy of 19 with just 2 years of experience in forex
trading. Hafizzat remains the youngest Super IB in the world in this
elite group of only 30 individuals.
In July 2011 Hafizzat was ranked 5th in FXPrimus Top 20 Traders Global
Contest having made a percentage gains of 81.7% in 2 days. The
student had by now become a master.
THREE W
AYS OF
E AR N I N G
Tr a d i n
g, intr
odu
cer fe
es & p
assiv
e inco
m
WHAT IS
FOREX?
Tr a d e w
ith Gol
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To u c h
By : Hafizzat
STX
What is Forex?
FOREX (Foreign
transactions
Exchange)
Forex means buying or selling a currency against another currency with
a view to profit
The currency is a kind of trade / transaction trade in the currency of a
country's national currency involving other major money markets in the
world for 24 hours continuously
The foreign exchange market, which is usually known as forex or
FX, is the largest financial market in the world. Compared to the
measly $22.4 billion a day volume of the New York Stock Exchange, the
or
more
familiar
with
currency
foreign exchange market looks absolutely ginormous with its
TRILLION
a day trade volume.
$5
By : Hafizzat
STX
What is Forex?
The largest stock market in
the world, the New York
Stock Exchange (NYSE),
trades a volume of about
$22.4 billion each day. If
we used a monster to
represent NYSE, it would
look like this
By : Hafizzat
STX
What is Forex?
So the NYSE sounds big, its
loud and likes to make a lot
of noise.
But if you actually compare
it to the foreign exchange
market, it would look like
this
WHY TRA
DE
FOREX?
Tr a d e w
ith Gol
den
To u c h
By : Hafizzat
STX
Why trade Forex?
ADVANTAGES OF FOREX
There are many benefits and advantages of trading forex. Here are just a
few reasons why so many people are choosing this market:
No commissions
No one can corner the market
No middlemen
Leverage
No fixed lot size
High Liquidity
Low transaction costs
Low Barriers to Entry
A 24-hour market
Free Stuff Everywhere!
By : Hafizzat
STX
Why trade Forex?
No commissions
No clearing fees, no exchange fees, no government fees, no brokerage
fees.
No middlemen
Spot currency trading eliminates the middlemen and allows you to trade
directly with the market responsible for the pricing on a particular
currency pair.
No fixed lot size
In the futures markets, lot or contract sizes are determined by the
exchanges. A standard-size contract for silver futures is 5,000 ounces. In
spot forex, you determine your own lot, or position size.
Low transaction costs
The retail transaction cost (the bid/ask spread) is typically less than 0.1%
under normal market conditions. At larger dealers, the spread could be as
low as 0.07%. Of course this depends on your leverage and all will be
explained later.
By : Hafizzat
STX
Why trade Forex?
A 24-hour market
There is no waiting for the opening bell. From the Monday morning
opening in Australia to the afternoon close in New York, the forex market
never sleeps. This is awesome for those who want to trade on a part-time
basis, because you can choose when you want to trade: morning, noon,
night, during breakfast, or in your sleep.
No one can corner the market
The foreign exchange market is so huge and has so many participants
that no single entity can control the market price for an extended period
of time.
Leverage
In forex trading, a small deposit can control a much larger total contract
value. Leverage gives the trader the ability to make nice profits, and at
the same time keep risk capital to a minimum.
By : Hafizzat
STX
Why trade Forex?
High Liquidity
Because the forex market is so enormous, it is also extremely liquid. This
means that under normal market conditions, with a click of a mouse you
can instantaneously buy and sell at will as there will usually be someone
in the market willing to take the other side of your trade. You are never
stuck in a trade. You can even set your online trading platform to
automatically close your position once your desired profit level (a limit
order) has been reached, and/or close a trade if a trade is going against
you (a stop loss order).
Low Barriers to Entry
You would think that getting started as a currency trader would cost a ton
of money. The fact is, when compared to trading stocks, options or
futures, it doesnt. Online forex brokers offer mini and micro trading
accounts, some with a minimum account deposit of $25.
Were not saying you should open an account with the bare minimum, but
it does make forex trading much more accessible to the average
individual who doesnt have a lot of start-up trading capital.
By : Hafizzat
STX
Why trade Forex?
Free Stuff Everywhere!
Most online forex brokers offer demo accounts to practice trading and
build your skills, along with real-time forex news and charting services.
AND GUESS WHAT?! THEYRE ALL
FREE!
Demo accounts are very valuable resources for those who are financially
hampered and would like to hone their trading skills with play money
before opening a live trading account and risking real money.
WHO TRA
DE
FOREX?
Tr a d e w
ith Gol
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To u c h
By : Hafizzat
STX
Who trade Forex?
THE PEOPLE WHO TRADE IN FOREX MARKET ARE:
the rulers of the world
the world's major banks
international class business
hedge fund
currency speculators
individuals
Thus the number of players in the Forex market is causing the velocity of
money becomes very fast.
Transactions happens more than 1.9 trillion U.S. dollars every day and that
means money are transferred from one hand to another in just a few
seconds.
By : Hafizzat
STX
Who trade Forex?
Forex Market Hierarchy
Major Banks
Electronic Brokering Services (EBS) /
Reuters Dealing 3000-spot Matching
Medium-sized and small banks
Retail Market
Makers
Retail ECNs
Retail Traders
Hedge funds and
commercial
companies
WHEN CA
N YOU
TRADE FO
REX?
Tr a d e w
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When can you trade
Forex?
STX
Now that you know
By : Hafizzat
whatforex is,whyyou should trade it,
whomakes up the forex market, its about time you
learnedwhenyou can trade.
and
Yes, it is true that the forex market is open 24 hours a day, but that
doesnt mean its always active the whole day.
You can make money trading when the market moves up, and you
can even make money when the market moves down.
BUTyou will have a very difficult time trying to make money when
the market doesnt move at all.
STX
When can you trade
Forex?
By : Hafizzat
THE MAIN TRADING SESSIONS
Despite the Forex market is open 24 hours a day it doesnt mean that
the market is always active the whole day. FX traders can make
money trading when the market moves up, and they can even earn
money when the market moves down. However, it is extremely
difficult to make any money when the market does not move at all.
The Forex maket can be divided into four major trading sessions that
are:
Sydney Session
Tokyo Session
London Session
New York Session
By : Hafizzat
STX
What is Forex?
WORLD POPULAR CURRENCY
USD "U.S. Dollars" or "buck" (the currency of the
USA)
EUR "Euro" (European currency)
GBP "Sterling" or "Cable" (UK currency)
AUD "Aussie Dollar" (Australian currency)
NZD "Kiwi" (the currency of New Zealand)
JPY "Yen" (Japanese currency)
CHF "Swissy" (Swiss currency)
CAD "Dollar Canada" (Canadian currency)
By : Hafizzat
STX
What is Forex?
THE CURRENCY PAIR
Direct currency: (EUR/USD, GBP/USD and other currencies in which
the normal USD written at the back)
Indirect currency: (USD/JPY, USD/CHF and other currencies in which
the normal USD written at the front)
Currency cross rate: (GBP/JPY, EUR/CHF currency which is not
compared to the USD
*base and counter
Example: GBP / USD
That means GBP is the base currency and the USD is the counter
currency
By : Hafizzat
STX
When to trade Forex?
Lets take a look at the average pip movement of the major currency pairs
during each trading session.
From the table, you will see that the European session normally provides the
most movement.
By : Hafizzat
STX
When to trade Forex?
TOKYO SESSION = ASIAN SESSION
Tokyo session is often referred to as the Asian session because Tokyo is
the financial capital of Asia and with its population of 36 million people
it is also the largest metropolitan area in the world.
Japan is also the third largest Forex trading center in the world and the
Japanese yen is the third most traded currency partaking in about 16,5
% of all Forex transactions.
Therefore we can say that the Asian session opens at 11:00 PM GMT
and overall, about 21 % of all Forex Transactions take place during this
session.
By : Hafizzat
STX
When to trade Forex?
Below is a table of the Asian session pip ranges of the major currency pairs.
These pip values were calculated using averages of past data from the month of May
2012. Take note that these are NOT ABSOLUTE VALUES and can vary depending on
liquidity and other market conditions. Also, the session range for EUR/CHF has not been
included since the Swiss franc has been pegged to the euro at 1.2000 during the
period.
By : Hafizzat
STX
When to trade Forex?
KEY CHARACTERISTICS OF THE ASIAN SESSION:
Despite the most Forex transactions are made in Japan, tons of Forex
transactions are made in other financial hot spots like Hong Kong, Singapore and
Sydney.
The main market participants during the Asian session are commercial
companies (exporters) and central banks. This is due to the fact that Japan's
economy is heavily export dependent and, with China also being a major trade
player, there are a lot of transactions taking place on a daily basis.
Liquidity can sometimes be quite thin. During these times most pairs may stay
within a range providing opportunities for short day trades or potential breakout
trades later during the day.
It is more likely to see stronger moves among the Asia Pacific currency pairs such
as AUD/USD and NZD/USD as opposed to non-Asia pacific pairs like GBP/USD.
Most of the action takes place early in the session, when more economic data is
released. Moves in the Tokyo session may set the tone for the rest of the day.
Traders in latter sessions often look at what happened during the Tokyo session
to help organize and evaluate what strategies to take in other sessions.
Often, if there have been big moves during the preceding New York session,
By : Hafizzat
STX
When to trade Forex?
WHICH PAIRS ARE COMMONLY TRADED DURING THE ASIAN
SESSION?
Pairs that include JPY
Pairs that include AUD
Pairs that include NZD
This is simply because the Tokyo session is on when news from Australia,
New Zealand and Japan come out presenting a good opportunity to trade.
Usually, there is more movement in JPY pairs as a lot of yen is changed as
Japanese companies are conducting business.
Furthermore, since China is an economic super power, the news from
China tends to create volatile moves.
Because Australia and Japan are relying heavily on Chinese demand, it is
possible to see greater movements in AUD and JPY pairs when the
Chinese data come in.
HOW TO
TRADE
FOREX?
Tr a d e w
ith Gol
den
To u c h
By : Hafizzat
STX
How to trade Forex?
UNDERSTAND BASIC FOREX TERMINOLOGY
Base currency is the type of currency you are spending, or getting
rid of. Quote currency is the currency that you are purchasing. In
forex trading, you sell 1 type of currency to purchase another type.
The exchange rate tells you how much you have to spend in quote
currency to purchase base currency. For example, if you want to
purchase some U.S. dollars using British pounds, you may see an
exchange rate that looks like this: GBP/USD=1.589. This rate means
that you'll spend 1.589 dollars for 1 British pound.
A long position means that you want to buy the base currency and
sell the quote currency. In our example above, you would want to sell
U.S. dollars to purchase British pounds.
By : Hafizzat
STX
How to trade Forex?
A short position means that you want to buy quote currency and sell
base currency. In other words, you would spend sell British pounds
and purchase U.S. dollars.
The bid price is the price at which your broker is willing to buy base
currency in exchange for quote currency. The bid is the best price at
which you are willing to sell your quote currency on the market
The ask price, or the offer price, is the price at which your broker will
sell base currency in exchange for quote currency. The ask price is
the best available price at which you are willing to buy from the
market
A spread is the difference between the bid price and the ask price
By : Hafizzat
STX
How to trade Forex?
DECIDE WHAT CURRENCY YOU WANT TO BUY AND SELL
Make predictions about the economy. If you believe that the U.S.
economy will continue to weaken, which is bad for the U.S. dollar, then
you probably want to sell dollars in exchange for a currency from a
country where the economy is strong.
Look at a country's trading position. If a country has many goods that
are in demand, then the country will likely export many goods to make
money. This trading advantage will boost the country's economy, thus
boosting the value of its currency.
Consider politics. If a country is having an election, then the country's
currency will appreciate if the winner of the election has a fiscally
responsible agenda. Also, if the government of a country loosens
regulations for economic growth, the currency is likely to increase in
value.
Read economic reports. Reports on a country's GDP, for instance, or
reports about other economic factors like employment and inflation, will
have an effect on the value of the country's currency.
By : Hafizzat
STX
How to trade Forex?
Read a forex quote
You'll see 2 numbers on a forex quote: the bid price on the left and
the ask price on the right.
Learn how to calculate profits
A pip measures the change in value between 2 currencies. Usually, 1
pip equals 0.0001 of a change in value. For example, if your EUR/USD
trade moves from 1.546 to 1.547, your currency value has increased
by 1 pip.
Multiply the number of pips that your account has changed by the
exchange rate. This calculation will tell you how much your account
has increased or decreased in value
Philisophy of
Supertraderx Academy
STX
Emotional Control
Make pips
Keep pips
Repeat
By : Hafizzat
YOUR WA
Y
OF TRAD
E
Tr a d e w
ith Gol
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To u c h
By : Hafizzat
STX
Traders
Type of
trading
Fundemental
analisis
Much depends on
the news. Lack of
precision and
something
unexpected often
occurs
Technical
Analisis
Depending on the
technique used.
Usually 70% to 80%
By : Hafizzat
STX
Strategy
Define ur
strategy
Term?
T/B?
Currencies?
Time?
M O NE Y
MANAGM
EN T
Emoti
onal co
ntrol
By : Hafizzat
Why traders fail?
STX
4th
3st
2st
1st
l os
th e
ri s
ks
ler
mb
ga
of
r
ea
of
st
ad
Le
ar
Fe
me
co
Be
w
no
tk
no
Do
By : Hafizzat
Money management
STX
4th
3st
2st
1st
ld
Go
en
ch
cr e
u
To
Se
s
os
pl
5%
n
Sto
tio
ua
Sit
in
rg
Ma
ol
ntr
co
en
th
ss
Le
ed
lin
cip
Dis
al
Be
on
ot i
Em
By : Hafizzat
STX
Materials for trade
Risk Management
Money Management
Strategy
Trading Plan
By : Hafizzat
STX
Finance Division
Multiple Entry/Multiple Exits??
How long are you willing to buy??
Money
Management What is the risk / reward parameters?
Division
When to take profit?
CLOSE
By : Hafizzat
STX
Psychology Division
Use the willing to lose money
Get to know yourself
Psychology
division
Starting with a little amount
Do not over confident
Take a break after each trade
TYPES OF
ANALYSIS
&
CHARTS
Tr a d e w
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By : Hafizzat
STX
Types of Analysis
Three Basic
Types of
Market
Analysis
Technical Analysis
Fundamental Analysis
Sentiment Analysis
By : Hafizzat
STX
Types of Analysis
Its kind of like standing on a threelegged stool if one of the legs is weak,
the stool will break under your weight
and youll fall flat on your face.
The same holds true in trading. If your
analysis on any of the three types of
trading is weak and you ignore it,
theres a good chance that it will cause
you to lose out on your trade!
By : Hafizzat
STX
Types of Charts
three most
popular
types of
charts
Line chart
Bar chart
Candlestick chart
By : Hafizzat
STX
Types of Charts
1. Line Charts
A simple line chart draws a line from one closing price to the next closing
price. When strung together with a line, we can see the general price
movement of a currency pair over a period of time.
Here is an example of a line chart for EUR/USD:
By : Hafizzat
STX
Types of Charts
2. Bar Charts
A bar chart is a little more complex. It shows the opening and closing
prices, as well as the highs and lows. The bottom of the vertical bar
indicates the lowest traded price for that time period, while the top of
the bar indicates the highest price paid.
The vertical bar itself indicates the currency pairs trading range as a
whole.
The horizontal hash on the left side of the bar is the opening price, and
the right-side horizontal hash is the closing price.
By : Hafizzat
STX
Types of Charts
Here is an example of a line chart for EUR/USD:
*Take note, you will see the word bar in reference to a single piece of data on a
chart. A bar is simply one segment of time, whether it is one day, one week, or
one hour. When you see the word bar going forward, be sure to understand
what time frame it is referencing.
By : Hafizzat
STX
Types of Charts
Bar charts are also called OHLC charts, because they indicate the
Open, the High, the Low, and the Close for that particular currency.
Heres an example of a price bar:
Open: The little horizontal line on
the left is the opening price
High: The top of the vertical line
defines the highest price of the time
period
Low: The bottom of the vertical line
defines the lowest price of the time
period
Close: The little horizontal line on
the right is the closing price
By : Hafizzat
STX
Types of Charts
3. Candlesticks Charts
Candlestick chart show the same information as a bar chart, but in a
prettier, graphic format.
Candlestick bars still indicate the high-to-low range with a vertical line.
However, in candlestick charting, the larger block (or body) in the
middle indicates the range between the opening and closing prices.
Traditionally, if the block in the middle is filled or colored in, then the
currency closed lower than it opened.
By : Hafizzat
STX
Types of Charts
In the following example,
the filled color is red.
For our filled blocks,
top of the block is
opening price, and
bottom of the block is
closing price.
the
the
the
the
If the closing price is higher
than the opening price, then
the block in the middle will
be green or hollow or
unfilled.
By : Hafizzat
STX
Types of Charts
Here is an example of a candlestick chart for EUR/USD
*Take note, you will see the word bar in reference to a single piece of data on a
chart. A bar is simply one segment of time, whether it is one day, one week, or
one hour. When you see the word bar going forward, be sure to understand
what time frame it is referencing.
By : Hafizzat
STX
Types of Charts
The purpose of candlestick charting is strictly to serve as a visual aid,
since the exact same information appears on an OHLC bar chart. The
advantages of candlestick charting are:
Candlesticks are easy to interpret, and are a good place for
beginners to start figuring out chart analysis.
Candlesticks are easy to use and candlestick patterns have cool
names such as the shooting star, which helps you to remember
what the pattern means.
Candlesticks are good at identifying marketing turning points
reversals from an uptrend to a downtrend or a downtrend to an
uptrend.
SUPPORT
AN D
RESISTAN
CE
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STX
Examples of resistance
& support
By : Hafizzat
Look at the diagram above. This zigzag pattern is making its way up
(bull market). When the market moves up and then pulls back, the
highest point reached before it pulled back is now resistance.
As the market continues up again, the lowest point reached before it
started back is now support. In this way resistance and support are
continually formed as the market oscillates over time. The reverse is
true for the downtrend.
By : Hafizzat
STX
Resistance & Support
By : Hafizzat
STX
Resistance
By : Hafizzat
STX
Resistance
By : Hafizzat
STX
Resistance
By : Hafizzat
STX
Support
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STX
Support
By : Hafizzat
STX
Support
By : Hafizzat
STX
Broken Resistance
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STX
Broken Support
By : Hafizzat
STX
Japanese candlestick
Candlesticks can be used for any time frame, whether it be one day, one hour, 30-minutes
whatever you want! Candlesticks are used to describe the price action during the given
time frame.
Candlesticks are formed using the open, high, low, and close of the chosen time period.
If the close is above the open, then a hollow
candlestick (usually displayed as white) is
drawn.
If the close is below the open, then a filled
candlestick (usually displayed as black) is
drawn.
The hollow or filled section of the
candlestick is called the real body or
body.
The thin lines poking above and below the
body display the high/low range and are
called shadows.
The top of the upper shadow is the high.
The bottom of the lower shadow is the
low.
EXPLAINA
TION
ON REAL
CHART
Ask or
you wi
ll be a
sked!!
TRENDLIN
Super,
duper,
upper
E S
skill !!
!!!
By : Hafizzat
STX
Chart
By : Hafizzat
STX
Breakout sell
By : Hafizzat
STX
Breakout sell
By : Hafizzat
STX
Breakout sell
By : Hafizzat
STX
Breakout sell
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STX
Breakout buy
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STX
Breakout buy
By : Hafizzat
STX
Breakout buy
By : Hafizzat
STX
Breakout buy
EXPLAINA
TION
ON REAL
CHART
Ask or
you wi
ll be a
sked!!
