KHANDWELE TRADING ENTERPRISE

(PTY)LTD
Reg No: 2017/132401/07
CEO MR Ramadi Khathutshelo Edgar
Call +27680627713

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DISCLAIMER
The pdf is only for existing members .
The strategy and risk management in
this pdf it can help to take down the
market maker.
Trading forex involves substantial
risk, and there is always the potential
for loss. Your trading results may
vary. No representation is made that
any information in this book will
guarantee profits or prevent losses
from trading forex. You should be
aware that no trading strategy and
risk management can guarantee
profits.
TRADING PLAN
8.steps to be a successful
trader:
1. Calculate risk before reward.
2. Set targets.
3. Always know what you are
trading. 4. Don’t rash.
5. Have monthly targets
6. Set realistic trading goals.
7. Don’t hold long on one trade.
8. Don’t make a trade if you are
not sure about the market
direction.
REQUIRMENTS
• METATRADER (MT4)/(MT5) (download on
your play store)
• INVESTING.COM (download on your play
store)
• LAPTOP/SMARTPHONE
• GOOD BROKER

https://track.deriv.com/_LgUghnQnInR0QQM
X eD9If2Nd7ZgqdRLk/1/
• LEVERAGE FROM 1:500
• FLOATING STOPWATCH (download on your
play store)
CONTENTS.
1. What is forex.
2. What affect the market.
3. Types of trading.
(i) Introduction of fundamental trading
(ii) Introduction of Technical trading
4. Currencies codes.
5. Quotes and Prices.
6. Lots size.
7. What is a pip.
8. How to calculate pips.
9. What is candlestick.
10. What is leverage.
11. How to trade.
WHAT IS FOREX?
Forex is known as the foreign exchange markets,
where currencies are traded. It is the biggest and
fastest growing financial market in the world, with
an average daily turnover of almost $5.3 trillion.
Forex markets have the promise of fast action and
huge profits, but the risks are also great. It is
estimated that over 90% of forex traders end up
losing their trading capital. The good news is that
most of these losses can be prevented by taking the
time to learn how to trade the forex markets and by
implementing careful money management.
The forex market is extremely sensitive to economic
and geopolitical news from around the world,
especially those which relate to the industrialised
countries. The underlying reason why news is so
important to forex trading is that each new piece of
information can potentially change the trader’s
perceptions of the current. In the foreign exchange
market Currencies are traded through a brokers or
dealers. Currencies are traded in pairs: for example
the Canadian dollar and the US dollar (CAD/USD) or
the Australian dollar and the Japanese Yen
(AUD/JPY). Because you're not buying anything
physical, this kind of trading can be confusing.
Think of buying a currency as buying a share in a
particular country. When you buy, say, Japanese
Yen, you are in effect buying a share in the Japanese
economy, as the price of the currency is a direct
reflection of what the market thinks about the
current and future health of the Japanese economy.
What affects the Forex market?
Participants and influencers.

Participants
➢Central banks
➢Companies
➢Financial institutions
➢Individuals forex trader
Influencers
➢Economies news
➢Natural/geopolitical events
➢Trade law
➢Interest rates
Each market participant has their goals; some are
companies who are hedging currency exposure to
protect their business; some are fundamental
traders who focus on factors that affect the
strength of whole economies.
Types of Trading.
We have two types of trading.
- Fundamental trading
-Technical trading

Fundamental Analysis.
As KTE FOREX that is the best opportunity to trade
by looking at fundamental indications of economic
health. For example, supply and demand for a
currency decide the price and liquidity, so traders
keep an eye on the central bank’s interest rates to
see which way the market might move.
If a currency has a high interest rate, it might be
profitable to invest for the interest alone; however,
the reason for the high interest rate might be
economic instability. All market participants trade
based on their information and expectations.
Fundamental traders look at indicators such as
employment rate, inflation and consumer
sentiment as well as news about policy changes,
interest rate and events. Much of this information is
announced by governments according to a
schedule, so it is possible to find or create
“economic calendars” that will provide inspiration.

Events that move a given currency quickly enable

intra-day trades, i.e. trades that are opened and
closed on the same day.
If your expectation is for price movement over
longer time, you will hold your trading position
open for longer; in general, your position is closed
at 22.00 GMT and rolled over (“swapped”) into a
new trade opened immediately after. This new
position takes into account the closing price and
adds or subtracts interest. Anything that makes an
economy look stronger points at taking long
positions, while weaknesses point at taking short
positions.
Technical trading.
In technical we use charts to decide when to enter
and exit trades, and as technical traders we
particular pay attention to price patterns. By looking
at charts and weighing price, volume, volatility and
timing, it is possible to find patterns that indicate
opportunities.
For example, if the price of a currency repeatedly
reaches a given value but does not rise above or fall
below it, the currency is said to have found a
resistance or support level. Many traders will keep
an eye on past patterns and have an opinion on
how far the price will move if it does break the
support or resistance level.
Over time, various analyses have been developed
and built into our trading platforms. Some are
simple classics, others are more difficult to apply,
and still others are well suited to some currencies
but not others. You can take a position at any time –
any expectation you have will point to an
opportunity to buy or sell.
Currencies codes
Each currency is represented by a three-letter
currency code according to the International
Organisation for Standardisation (ISO). Example US
Dollar is represented by USD.

Common ISO currency codes .

US Dollar USD
British Pound GBP
Euro EUR
Japanese Yen JPY
Swiss Franc CHF
Canadian Dollar CAD
Australian Dollar AUD
New Zealand Dollar NZD
______________________________
How are forex currency quotes developed?
Currencies are traded in pairs, and each member of
the pair is assigned symbol. For example, the
Japanese yen is JPY, the British pound sterling is
GBP, the Euro is EUR, and the US dollar is USD.
Expressed as pairs, EUR/USD is the Euro-Dollar pair,
GBP/USD is the pound-dollar pair, and so on.
QUOTES and PRICES
When you see forex quotes you will actually see two
numbers. The first number is called the BID (sell
price) and the second number is called the ASK (buy
price).If we use the EUR/USD as an example you
might see 1.29253/1.29279 the first number
1.29253 is the bid price and is the price traders
would pay to sell Euros against the US Dollar.
The second number 1.29279 is the ask price and is
the price traders would pay to buy the Euro against
the US Dollar. You will also notice that there is a
difference between the bid and the ask prices. That
difference is called the spread. For the major
currencies the spread is normally between 2.5-4
pips.

Lost size.
A lot is a number of currency units. A standard lot
equal to 100,000 units of a base currency/your
account currency. It means that if you want to trade
EUR/USD, you will need $100,000. There are two
other well-known lot sizes. They are a mini lot
(equal to 10,000) and a micro lot (equal to 1,000
units).

To open a trade, you will need to decide how much

money to put into it. The term ‘lot’ is closely linked
to such notions as ‘leverage’ and ‘pip’. Let’s get
deeper into this topic.
For example.
0.01
• lots means that each trade will move with
10cents per 1pip move.
• lots means that each trade will move with
20cents per 1pip move.
• 0.10 lots means that every trade will move with
$1 per 1pip move.
• lots means that every trade will move with $10
per 1pip move.
 • 10.00 lots means that each trade will move with
$100 per 1pip move.
• 20.00 lots means that each trade will move with
$200 per 1pip move.

What is a pip?
The PIP is the most common fractional increment in
currency trading. A pip is the fourth decimal place
of a quotation. If the EUR/USD moves from 1.29253
to 1.29263 that is one pip. The pip (or POINT, as it is
sometimes referred to) is how we will measure
profit and loss on the trade.
HOW TO CALCULATE PIPS.
Let's take a look at some examples, using the
standard lot of 100,000. Due to the small size of
pips, it is desirable to trade large amounts of a
particular currency in order to see any significant
profit or loss.
Each currency has its own value, so it is necessary to
calculate the value of a pip for each particular
currency pair. We also want a constant so we will
assume that we want to convert everything to US
Dollars. 1. The majors – EUR/USD, GBP/USD,
AUD/USD AND NZD/USD On all the majors, for a
position of 1 lot (100,000 of the base currency),
each pip is worth $10.

For example.
a. EUR/USD
Open position: Buy 1 lot (100,000) EUR/USD at
1.29530
Close position: Sell 1 lot (100,000) EUR/USD at
1.29930
1.29930 – 1.29530 = 40 pips
40 pips * $10 = $400 profit b.
GBP/USD
Open position: Buy 5 lots (500,000) GBP/USD at
1.52270
Close position: Sell 5 lots (500,000) GBP/USD at
1.52990
1.52990 – 1.52270 = 72 pips
72 pips * $50 = $3600 profit
(Remember: for 1 lot each pip is worth $10, for 5
lots each pip is worth 5 *$10 = $50)

What is a Candlesticks?
A candlestick is a type of price chart used that
displays the high, low, open, and closing prices of a
security for a specific period. It originated from
Japanese rice merchants and traders to track
market prices and daily momentum hundreds of
years before becoming popularized in the United
States.
The wide part of the candlestick is called the "real
body" and tells investors whether the closing price
was higher or lower than the opening price
(black/red if the stock closed lower, white/green if
the stock closed higher.
Candlesticks reflect the impact of investor
sentiment on security prices and are used by
technical analysts to determine when to enter and
exit trades. Candlestick charting is based on a
technique developed in Japan in the 1700s for
tracking the price of rice. Candlesticks are a suitable
technique for trading any liquid financial asset such
as stocks, foreign exchange and futures.
Long white/green candlesticks indicate there is
strong buying pressure; this typically indicates price
is bullish. However, they should be looked at in the
context of the market structure as opposed to
individually. For example, a long white candle is
likely to have more significance if it forms at a major
price support level. Long black/red candlesticks
indicate there is significant selling pressure. This
suggests the price is bearish. A common bullish
candlestick reversal pattern, referred to as a
hammer, forms when price moves substantially
lower after the open, then rallies to close near the
high. The equivalent bearish candlestick is known as
a hanging man. These candlesticks have a similar
appearance to a square lollipop, and are often used
by traders attempting to pick a top or bottom in a
market
What is leverage size?
Leverage involves borrowing a certain amount of
the money needed to invest in something. In the
case of forex, that money is usually borrowed from
a broker.
Forex trading does offer high leverage in the sense
that for an initial margin requirement, you can build
up and control a huge trading position. Margin is
the minimum required balance to place a trade.
Forex brokers set their own margin requirements,
which typically range from 1-2% of the value of the
position. For example, if you want to trade $50,000
of USD/CHF and the margin required is 1%, or $500,
your margin-based leverage will be 100 times,
which is derived by dividing the total transaction
value by the margin required.
To all KTE members we must choose a leverage of
1:500. That reduces the high risk of losing the
money we can’t afford to lose.
How to make a trade.
To 'trade Forex' means to buy or sell different
currency pairs.
For example, the current price of AUD/USD is
1.1000. If you expect the Australian dollar to
appreciate against US dollar, you sell AUD/USD. This
is a common Forex transaction. To perform it, you
need to open a trading program (MetaTrader 4 or
MetaTrader 5), click on a “new order” and then
choose 'buy'.
As some time passes and the price of AUD/USD
rises, you close the position and get the profit. The
amount of profit depends on how much the rate of
this currency pair has decreased as well as on the
size of your position. If your assumption was wrong
and AUD/USD declined after you selling it, you will
have a loss. Same as with profit, the size of your loss
will depend on how much the rate of this currency
pair has go up during this time and the size of your
position.
For example
Traders who expect the prices to rise are called
‘bulls’, while those who expect a decline are
referred to as ‘bears’. A buy trade is also known as a
‘long position’, while sell trade is also called a
‘short’ position.
Currency pairs tend to move in trends, i.e. to rise or
fall for significant periods of time. “A trend is your
friend” is a common saying among traders. If you
see a series of higher highs, it’s an uptrend and you
should focus on buying.
If you see a sequence of lower lows and lower
highs, it’s a downtrend and it’s necessary to
consider selling. The idea of trend trading is to open
positions at the start of the trend and get a big
profit as it progresses. It’s sensible to buy at a lower
price and sell at a higher price. Notice though that
one currency is always strengthening against
another.
The same is also true: one currency is always
weakening against another. As a result, you have an
equal opportunity to buy or sell to enter the Forex
market. All you need to do is to analyze the chart
and the economic potential of the currencies that
form a pair and make a forecast about which
direction it will move next.

When to buy or sell.

• Fundamental trading.
• Technical trading.

1 Fundamental trading
example.
Buy
Sell
2 Technical trading example.
Buy
Sell
Don’t make a trade with money
you cannot afford to lose.
IF YOU HAVENT FOUND A BROKER YET
DO FOLLOW THE STEPS:

Step1: open link.

Step2: open synthetic account.
Step3: choose leverage from 1:500

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MXeD9If2Nd7ZgqdRLk/1/

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