Common currency pairs which is how one trades in Forex are >>>
USDollar paired with the British Pound USDGBP
USDollar paired with the Australian Dollar USDAUD
USDollar paired with the Japanese Yen USDJPY
USDollar paired with the Canadian Dollar USDCAD
EURO paired with the USDollar EURUSD
USDollar paired with the Swiss Franc USDCHF
There are many other pairings, however in IML these are the main ones used in Trading and Training. Essentially traders are looking to compare the value of one currency to the other in the pairing. With careful reading of the charts and being aware of world trends it is possible to predict with accuracy most of the time. Of course there will be losses, however, when you are aware of what is happening it is possible to minimize any losses that may occur.
The Forex Market operates 24/5 around the world with trades being done via a broker. Trillions of dollars are traded daily all around the world.
Where does IML fit into the equation?
- Provide a signal to every member who is on-line that will either alert the member that a trade is underway and they are able to manually make and control that trade OR if you are not ready to trade for yourself or are away from your computer, the trade will be made on your behalf, as long as you are connected.
- Sharing the opportunity with others is intended to provide you with an income to live while you learn and also to provide funds to trade.
- There are many amazing benefits to joining early before the launch (September 18th). It will also put you in a good place to take advantage of the company filled matrix. Do take time to listen to the Hangout below where everything is explained by Chris Terry and other leaders in IML.
- 24hour training is provided in many ways, but the most exciting is the Live Trading Room where you get the chance to look over the shoulder of the Expert Traders and watch how they arrive at the decisions they make. If you have a question the trader will answer you right away in the room. Explanations are given throughout each session, and Christopher provides a daily video of the charts with an explanation of what the expert traders will be watching throughout the day.