If you are serious about joining the world of forex trading. Copying companies’ trades (these are called signals), is not going to bring you the progress and the earning that you really want to benefit from.
GSM Trading group will equip you with everything you need to become the forex trader that you in vision.
Utilising the right regulated broker is one of the most important aspects of trading. A broker provides you access to trading platforms that can be used to buy and sell currencies.
We have hand-picked and partnered the best, reliable brokers for you. All our customers that join will gain access to their premium educational services.
Tune into our weekly live streams to watch our team educate using analysis of the market. You will be actively watching, learning and copying their forex trades, on zoom calls – either with a group or on a one to one depending on what you want.Join Today
Join us online, wherever you are, to develop your trading knowledge. Presented by the global team of GSM Trading Group, our webinars run around the clock.
In this discussion we will be covering the basics on how to use mt4 and fundamentals of risk, and popular chart patterns.
8:30 am next session will be 9:30pm
In this discussion we will look at the different ways to trade forex. Mainly focusing on some of the more popular ways that traders participate in the forex spot market futures, options and exchange-traded funds.
8:30 am next session will be 9:30pm
During this webinar we will learn about what is traded in forex. We will going over buying and selling currencies against each other as a short-term, long-term investment, or something in-between.
8:30 am next session will be 9:30 pm
The GSM team have the best forex mentors who will guide and assist you through your journey. They have many years of experience with impeccable financial background.We Lead you Learn
12-hour online availability via: zoom, telegram and Whatsapp.
Long term expert leadership to guide you in the right direction
Access to our mentor’s experience and analysis, to ensure that you make the most suitable investment.
Began career as data mining expert. After 6 years he changed careers, as he found his raw passion as a full-time forex trader. He successfully analyses exchange rate trends, creating quantitative systems of forecasting. Setting stop loss and take profit of every trade execution of the day, manages clients account, studies relevant reports and reads the press from various countries – mainly EU and USA.
• Lloyd’s of London
• Standard Chartered
• Delloite LLP
Currently: Full time forex trader and mentor
Hobbies: Audio Engineering, Bitcoin Mining
“Seeks the adrenaline rush of trading uncapped trading income”.
Learn the key fundamentals of trading (suitable for beginner traders). Providing you with powerful education, to help you start your trading career.
Every new forex trader should strive to get familiar with the terminology of the market and a few basic forex trading terms. This is important to help you understand the market that you will be trading in.
What are the things you will learn in this video? You will learn the following:
Other financial markets usually feature one asset as the instrument being traded. In the FX market, this is different.
Forex trading involves the trading of currency pairs. Two currencies are matched together to form a pair, and it is the rate of change of the value of one currency to another that it is paired with, that forms the basis of forex trading. Therefore, forex trading is all about trading currency pairs.
There are some currency pairs which are traded more than others. These are known as the major currency pairs. They all feature the US Dollar as one of the component currencies within the pairs. These major currency pairs are the EUR/USD, GBP/USD, USD/CAD, USD/JPY, USD/CHF, AUD/USD and NZD/USD.
We also have the minor currency pairs. These are traded less often and do not usually feature the US Dollar. Examples are EUR/GBP, GBP/JPY, CAD/CHF, AUD/NZD.
The third class of currency pairs are the emerging currency pairs or exotic currency pairs. These are usually illiquid pairs which come with very large spreads. Examples of these pairs are currency pairs that feature currencies of emerging market economies such as the USD/CNH, USD/ZAR, USD/RUB, USD/NOK, USD/MXN, USD/BRL, EUR/SEK, GBP/ZAR, etc.
Trading forex means you are trading one currency against another to profit from the differential in the exchange rate between both currencies. This is possible because no two currencies are valued the same.
Forex trading involves the trading of one currency against another currency. The two currencies involved have to be paired for this trade to be made possible.
There are hundreds of currency pairs in the forex market. But just how are currencies paired?
If you look at a typical forex quote, you will find that there is a currency on the left, and one on the right.
The currency on the left is the base currency and is always indicated as having a value of 1. It is the currency that the trader buys or sells.
The currency on the right is the quote currency or counter currency, and the amount of the quote currency shows what the trader will pay for buying or selling the base currency. Also, the quote currency’s price is the displayed price in the price quote. It states how much 1 unit of the base currency can buy the quote currency, or how much the quote currency will sell for 1 unit of the base currency.
The amount of the quote currency that will exchange for 1 unit of the base currency is the currency quote or price quote.
If you see a price quote which says EUR/USD = 1.1376, it means that 1 Euro will exchange for 1.1376 US Dollars. It also means that you can exchange 10,000 Euros for 11,376 US Dollars.
However, price quotes for currencies are not usually stated as single prices; they are stated in pairs as well. The price on the left is the bid price and the price listed on the right is the ask/offer price. What do these mean?
Contracts for Difference or CFDs are trade contracts that allow traders to participate in various underlying markets without physical ownership of the assets in question.
What the trader buys or sells are not the assets themselves, but contracts that have been structured based on the price differences of the parent assets. This is why these derivatives are known as Contracts for Difference. Another colloquial way of naming these assets is that they are contracts for price differences of underlying assets.
The trader opens a position, which is then gauged as a function of the trade size and the degree to which price has moved in a particular direction, using the opening price as the reference price.
For instance, a trader may believe that the UK government may institute a lengthy lockdown, and believes that an online retailer such as Tesco would see a rise in demand and consequently its share price. The trader may then decide to place a BUY order for 100 contracts of Tesco at 220 pounds. Three hours after the purchase, the price of Tesco starts to rise as expected, and hits 228 pounds. The price difference is 8 pounds, and the profit = 100 contracts X 8 pounds = 800 pounds. However, if the price had declined to 218, then the position would have lost 100 contracts X -2 pounds or 200 pounds.
CFDs are offered for all categories of financial assets. The most common CFDs are stocks CFDs, because of the sheer number of stocks listed in exchanges the world over. CFDs are also offered for commodities, currencies, indices, and lately for cryptocurrencies.
CFDs give the trader all the benefits of the underlying assets that are traded. A trader who participates in CFD trading on stocks and indices can expect to receive dividends, on the condition that long positions are maintained on these assets.
Transparency from GSM is always our promise.
We post on our website:
|Date||Time (Est)||Currency||Buy/Sell||Strategy||Entry Point||Move/Pips|
|December 01, 2020||04:30 pm||USD/JPY||Buy||Short / Medium Term||104.4500||+29|
|December 02, 2020||05:58 pm||GBP/USD||Buy||Short / Medium Term||0.7391||+58|
|December 08, 2020||08:53 am||GBP/USD||Sell||Short / Medium Term||1.3341||+51|
|December 10, 2020||12:47 pm||USD/CAD||Sell||Short / Medium Term||1.2788||+82|
|December 11, 2020||07:48 am||NZD/USD||Buy||Short / Medium Term||0.7999||+21|
|December 14, 2020||09:03 pm||EUR/USD||Buy||Short / Medium Term||1.2148||+124|
Trading is a tough path to navigate. There are hundreds of sources to refer to,
You may have seen the lifestyles of millionaire traders, and wondered to yourself, “How do
Forex trading is equal parts rewarding and mind-boggling at the same time. No one goes
The information on the gsmtradinggroup.com website and inside our Messaging Group Chats is intended for educational purposes and is not to be construed as investment advice. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money you are prepared to lose. Like any investment, there is a possibility that you could sustain losses of some or all of your investment whilst trading. You should seek independent advice before trading if you have any doubts. Past performance in the markets is not a reliable indicator of future performance. gsmtradinggroup.com takes no responsibility for loss incurred as a result of the content provided inside our Zoom sessions, Telegram Groups, WhatsApp Groups. By signing up as a member you acknowledge that we are not providing financial advice and that you are making the decision on the trades you place in the markets. We have no knowledge of the level of money you are trading with or the level of risk you are taking with each trade.Copyright © 2020 GSM Operations Ltd Trading as GSM Trading Group