Informative Speech On Forex Trading
Introduction
I. The forex refer to the foreign currencies of the world are traded.
II. The primary trading centers are London, Paris, New York, Tokyo, Zurich, Frankfurt, Sydney, and Singapore. All levels of traders, from central banks to speculators, trade currencies with one another.
III. My friend, Meng Hua had involved in forex trading. He is able to affort his family daily expenses, able to pay a BMW car loan and having a luxury lifestyle when he is 20 years old.
IV. But, he is missing today. He run from all obligations, creditors and even his family’s call.
V. In my speech, I would like to show you the risk of involving in forex trading, how the market makers cheat your money and what will waiting you to confront when you are one of their members.
(Transition: Let’s begin by looking at how widespread the risk of involving in forex trading really is.)
Body:
I. Forex trading is the highest risk investment tool among the financial products such as stocks, options, commodities, derivatives.
A. This is because currencies are globally influence.
B. A systems include technical analysis, fundamental analysis, sentiment analysis and risk management.
1. Technical analysis is the skill that analyze the market by stare at the computer screen, focusing on the trend of currency pairs charts, be aware of every movements of the graphs going.
a. There is much of the indicators or strategies that would apply to analyze the charts such as Bill Williams fractals, stochastic, moving
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