• Home
    • Affiliate Marketing
    • Borrow Loans
    • Contact Us
    • About
    • Blog
  • Make Money
  • Start a Blog
    • How to Start a Blog That Makes Money in 2021 (For Beginners)
    • How To Earn Ksh. 500,000 or More As a Blogger In Kenya
      • 15 Best Bloggers in India and their Earnings.
      • 5 Effective Blogging tips for new Bloggers
      • 10 Mistakes Bloggers and Social Marketers Make in Affiliate Marketing
    • How to Make Money Blogging in Africa in 2020
      • Top 7 Blog Marketing Strategies to Use for New Readers in 2021
      • 3 Insanely Actionable Ways to Grow Your Blog Faster in 2020
      • 17 Blogging Mistakes That Will Cost You Readers & Revenue in 2020!
    • Do You Want to Start Blogging? I’ll Help Set up Your Blog For Free!
      • Kenyan Bloggers Making Ksh. 1 M Monthly | Kenyans.co.ke in The List
      • How I Earn Ksh. 100,000 Monthly Blogging in Kenya
      • I Started Joon Online With Ksh. 1,599. What’s Holding You? Start Blogging
  • Business Ideas
    • Earn KES. 1,300,000 or More With these Small Business Ideas in 2021
      • How to Start a Profitable Hardware Business with Low Capital
      • 41 Small Business Ideas for Beginners in 2021
    • 17 Small Business Ideas For 2021 to Start With as Little as 1K.
      • 14 Online Businesses That Will Still Be Profitable In 2021
    • 5 Profitable Businesses to Start to Make KES. 5,000 Daily in 2021
      • 15 Agricultural Businesses To Start In 2021
      • 21 Untapped Business Ideas for Budding Entrepreneurs in Kenya
  • Olymp Trade Strategies
    • How to Place Your First Fixed Time Trade on Olymp Trade (for beginners)
      • 5 Best Trend Trading Strategies for Beginners.
      • Top Fixed Time Trade Tips for Beginners.
      • 5 Simple Forex Trading Strategies for Beginners.
    • Trend Trading for Dummies | Beginner’s Guide to Trend Trading on Olymp Trade.
      • Beginner’s Guide to Trading Breakouts – Trade like a Pro.
      • 5 Trading Mistakes That Will Blow Your Account in Olymp Trade
      • How to Recognize a Trend in Olymp Trade
    • Beginners Guide For Trading FTTs in Olymp Trade
      • How to Apply and use the Gator Oscillator in Olymp Trade
      • How to use the Momentum Oscillator to Find Entry Points in Olymp Trade
      • How to Use the DeMaker Trading Tool to Improve the Quality of your Orders in Olymp Trade
    • How to Register a New Account in Olymp Trade | Live, Demo and MT4
      • How to Use Test Candlesticks to Enhance Your Orders in Olymp Trade
      • Top 5 CCI Trading Strategies for Olymp Trade.
      • Top 5 Aroon Trading Strategies for Olymp Trade.
  • Olymp Trade Tutorials
    • How to Create a Trading Journal for Your Olymp Trade Account.
      • How to Use Trailing Stop Loss When Trading in Olymp Trade.
      • How to Use the Olymp Trade Multiplier Tool to Increase Your Profits by 500%
    • How to Deposit to Olymp Trade Using Bitcoin And Mpesa in Kenya
      • How to Use Your CBA Loop MasterCard to Deposit Money to Olymp Trade
      • How to Use WebMoney to Fund Olymp Trade in Nigeria.
      • How to Use Visa to Fund Your Olymp Trade Account in Indonesia.
    • How to Withdraw Money From Olymp Trade to Mpesa Via Skrill
      • 7 Reasons Why You Should Use Risk to Reward Ratios to Take Profits in Olymp Trade.
      • Turn Your $500 Account to $1500 a Week With Olymp Trade Advanced Trading Strategies
  • Reviews
Joon Online
Olymp Trade
Earn real money with your phone.
Trade With Olymp Trade
* Register, Learn How to Trade, Pick a strategy , Try Demo, Deposit and Become an Expert.
  • Home
    • Affiliate Marketing
    • Borrow Loans
    • Contact Us
    • About
    • Blog
  • Make Money
  • Start a Blog
    • How to Start a Blog That Makes Money in 2021 (For Beginners)
    • How To Earn Ksh. 500,000 or More As a Blogger In Kenya
      • 15 Best Bloggers in India and their Earnings.
      • 5 Effective Blogging tips for new Bloggers
      • 10 Mistakes Bloggers and Social Marketers Make in Affiliate Marketing
    • How to Make Money Blogging in Africa in 2020
      • Top 7 Blog Marketing Strategies to Use for New Readers in 2021
      • 3 Insanely Actionable Ways to Grow Your Blog Faster in 2020
      • 17 Blogging Mistakes That Will Cost You Readers & Revenue in 2020!
    • Do You Want to Start Blogging? I’ll Help Set up Your Blog For Free!
      • Kenyan Bloggers Making Ksh. 1 M Monthly | Kenyans.co.ke in The List
      • How I Earn Ksh. 100,000 Monthly Blogging in Kenya
      • I Started Joon Online With Ksh. 1,599. What’s Holding You? Start Blogging
  • Business Ideas
    • Earn KES. 1,300,000 or More With these Small Business Ideas in 2021
      • How to Start a Profitable Hardware Business with Low Capital
      • 41 Small Business Ideas for Beginners in 2021
    • 17 Small Business Ideas For 2021 to Start With as Little as 1K.
      • 14 Online Businesses That Will Still Be Profitable In 2021
    • 5 Profitable Businesses to Start to Make KES. 5,000 Daily in 2021
      • 15 Agricultural Businesses To Start In 2021
      • 21 Untapped Business Ideas for Budding Entrepreneurs in Kenya
  • Olymp Trade Strategies
    • How to Place Your First Fixed Time Trade on Olymp Trade (for beginners)
      • 5 Best Trend Trading Strategies for Beginners.
      • Top Fixed Time Trade Tips for Beginners.
      • 5 Simple Forex Trading Strategies for Beginners.
    • Trend Trading for Dummies | Beginner’s Guide to Trend Trading on Olymp Trade.
      • Beginner’s Guide to Trading Breakouts – Trade like a Pro.
      • 5 Trading Mistakes That Will Blow Your Account in Olymp Trade
      • How to Recognize a Trend in Olymp Trade
    • Beginners Guide For Trading FTTs in Olymp Trade
      • How to Apply and use the Gator Oscillator in Olymp Trade
      • How to use the Momentum Oscillator to Find Entry Points in Olymp Trade
      • How to Use the DeMaker Trading Tool to Improve the Quality of your Orders in Olymp Trade
    • How to Register a New Account in Olymp Trade | Live, Demo and MT4
      • How to Use Test Candlesticks to Enhance Your Orders in Olymp Trade
      • Top 5 CCI Trading Strategies for Olymp Trade.
      • Top 5 Aroon Trading Strategies for Olymp Trade.
  • Olymp Trade Tutorials
    • How to Create a Trading Journal for Your Olymp Trade Account.
      • How to Use Trailing Stop Loss When Trading in Olymp Trade.
      • How to Use the Olymp Trade Multiplier Tool to Increase Your Profits by 500%
    • How to Deposit to Olymp Trade Using Bitcoin And Mpesa in Kenya
      • How to Use Your CBA Loop MasterCard to Deposit Money to Olymp Trade
      • How to Use WebMoney to Fund Olymp Trade in Nigeria.
      • How to Use Visa to Fund Your Olymp Trade Account in Indonesia.
    • How to Withdraw Money From Olymp Trade to Mpesa Via Skrill
      • 7 Reasons Why You Should Use Risk to Reward Ratios to Take Profits in Olymp Trade.
      • Turn Your $500 Account to $1500 a Week With Olymp Trade Advanced Trading Strategies
  • Reviews

How Does Forex Work? Learn The Ropes in 4 Minutes

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
Review
REGISTER
* Register, Learn How to Trade, Pick a strategy , Try Demo, Deposit and Become an Expert.

Are you making money trading Forex?

You do? Oh,

Tell us about it.

Forex Trading

Apparently, not everyone who say they know how Forex works have the slightest idea about Foreign Exchange, Forex – FX. 

Some of them just know the trading terms – nothing else.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
Review
REGISTER
* Register, Learn How to Trade, Pick a strategy , Try Demo, Deposit and Become an Expert.

And they’ll use those terms to confuse you more.

Especially if your idea of learning  How Forex Works is to go to Facebook “Forex Group” & ask a bunch of other struggling Forex Traders to help you with the ropes.

What do you expect?

To learn?

I hate to break it to you. Point blank.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
Review
REGISTER
* Register, Learn How to Trade, Pick a strategy , Try Demo, Deposit and Become an Expert.

You’ll loose & loose & loose more.

That’s the truth.

And the flip side to loosing is winning which you will only achieve when you educate yourself enough to understand Forex Trading basics. I will use this post to train you on that.

Beginning with,

What is Forex?

Foreign Exchange, Forex also FX is a global market for buying & selling currencies. Traders make these exchanges with the aim of making profits off currency price changes.

A real life example of Forex trading is when you cross the boarder to Uganda with Kenyan Shillings (Ksh). & you want to convert to Ugandan Currency to buy goods in Uganda.

And you meet someone in Uganda (with the Ugandan Currency) willing to give you the money for yours. Let’s say Kenyan Shilling (Ksh.) in this case.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
Review
REGISTER
* Register, Learn How to Trade, Pick a strategy , Try Demo, Deposit and Become an Expert.

When you negotiate & come to a consensus to exchange the two currencies; it is said that you have traded – you have done Forex.

But,

How do Forex Traders Make Money? 

Taking the above scenario as our example again, there are two way to it.

The Ugandan makes money when he sells their currency at a slightly higher price to make profits.

Usually, it is by a very light margin that the impact is only felt when there is a larger trading volume.

***

Assuming that so many Kenyans crossed the boarder to Uganda & there was only one currency broker to serve them all, the broker will automatically increase his exchange rates to keep more profits.

And all factors held constant (more people buying), the trader will somewhat be running out of Ugandan money to sell.

***

If you go back to him & that’s the case; you can sell back the Ugandan currency (at a more expensive price) to make profits.

However if you come back to find more brokers in the boarder – with more Ugandan currency & less people to sell to; you will be forced to sell to them cheaply. And make more losses..

However, you are not obliged to sell, you can still hold the currency much longer hopping that a demand for it will rise so you can sell higher & make profits.

This is the same thing happening in your Forex Charts. People of different Nationalities buy & sell currencies globally. In banks, airports, across boarders… name it. Making currency prices to rise & fall. 24 hours a day, 5 days a week. With only a few exceptions for weekends by currency.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
Review
REGISTER
* Register, Learn How to Trade, Pick a strategy , Try Demo, Deposit and Become an Expert.

When Should You Trade Forex to Make Money?

This is a question that most Forex Traders ask. And now that you have a general idea about how Forex works, I’ll help you foot that.

From our example again, when the two currencies are traded, they are quoted as (KES-UGX).

In Forex, this is an “asset” referred to as a currency pair. The most commonly traded currency pair online is EUR USD. If you are already a trader then you know that trader Profits are made in PIP movements.

And What’s a PIP?

This is, how far the price of an asset goes after opening a position. Example, if our Ugandan Broker was selling his UGX for 36.35662 per 1 KES (Ksh.) & you bought it (Opened a position).

When later you want to sell back the currency to him & you agree that he will buy form you UGX – 36.35681 for 1 KES. The change in those last two digits determine your profits. The PIP moved by 0.00019.

You can make good & consistent profits if you know when your preferred asset is active or volatile on the market.

The best place to begin to track the activity & volatility of a market is by understanding Forex Market activities in different parts of the world. Not to forget their time zones. 

So, 

When Does Forex Market Open?

Forex has 4 different Trading Sessions.

Each session indicates an opening of the Forex Market in different regions of the world.

We have the Pacific session, the Asian session, European & North American Sessions. These markets open differently because of the difference in time zones.

The sessions open one after the other & later overlap making Forex trading to happen nonstop for 24 hours from Monday to Friday.

Forex Trading Hours – The Session’s  Schedule.

Forex markets open in Wellington (New Zealand) & closes in Chicago (The USA) following each other closely in this geographical chain (time’s in GMT Hours).

  • Pacific: 09:00 p.m. – 06:00 a.m. (The least active in Forex Trading).
  • Asian: 11:00 p.m. – 07:00 a.m.
  • European: 07:00 a.m. – 05:00 p.m.
  • North American: 04:00 p.m. – 10:00 p.m. (The most active region in Forex Trading).

How to Choose The Best Forex Trading Hours.

Find a session which can accommodate your schedule without having to sit in front of your computer all day long (of course if you are not a scalper)

Pick a currency which you think will show the highest volatility 

Here’s a little extra info to know: –

Major Forex Players involved in Pacific & Asian Forex Sessions include Japan, China, Australia & New Zealand.

Trade currency in this session if you want currency pairs with Japanese yen, Australian & New Zealand dollar.

Note that during this session, it is daytime in Asia & in Oceania.

The session that comes next after the pacific is the European. If you are serious about making profits, know that this is a very important session in Trading.

This is when Europeans begin their working day. It is also the period when banks, as well as speculators like you & me, enter the market.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
Review
REGISTER
* Register, Learn How to Trade, Pick a strategy , Try Demo, Deposit and Become an Expert.

Expect to see a lot of PIP movement during this period.

Watch these two currencies during this session – EUR/USD & EUR/JPY.

Here are  a few other currencies to lock during the session – GBP/CHF, GBP/USD, GBP/JPY, GBP/AUD, GBP/CAD, GBP/NZD.

When Should I Enter The Forex Market?

The decision is solely yours. But most people only go in when the American Session begins.

If you didn’t know already, this is the time when real business begins in Forex.

And because all currencies paired with USD are now traded, trading volume shoots.

It is also the time when great speculators & large hedge funds join in.

I Want To Start Trading, Which is The Best Forex Broker For Beginners?

Personally, I use Olymp Trade Forex 

There are however a lot more brokers out there. Just be careful not to fall to scammers. 

If you ask me for any recommendations I’ll say, “View my list of Forex Brokers with new account bonus.” You get up to a $150 welcome bonus with these Fx brokers.

You can also start with the demo account to learn practically.


*Risk warning:

The information provided does not constitute a recommendation to carry out transactions. When using this information, you are solely responsible for your decisions and assume all risks associated with the financial result of such transactions.
 

Start Trading 

Related Posts


Joon Online Contest

Joon Online February Contest For Olymp Trade | $1500 Worth of Prizes for Grabs

February 9, 2021

For two years Joon Online has been at the forefront of educating new traders about Fixed time trades (FTT) and Forex. This year marks the beginning of our third year as your go-to blog for ....

Promo code -Olymp Trade

Olymp Trade Promo Code – 30%, 40%, 50% Bonus for April 2021

January 20, 2021

Olymp trade bonuses are virtual funds that can be used for trading in live accounts to earn real cash. Bonuses in Olymp Trade can’t be withdrawn, but you can withdraw profits made from trading with them. ....

Olymp Trade Accepts Mpesa

Good News to Kenyan Traders | Olymp Trade Now Accepts Direct Mpesa Deposits

October 28, 2020

Yes, you read that title right, Olymp Trade now accepts direct Mpesa deposits. Do you know what that means to you – the East African Trader? Specifically Kenyan traders? You can now load your Olymp ....

Olymp Trade Registration

How to Register a New Account in Olymp Trade | Live, Demo and MT4

October 17, 2020

Do you want to register for Olymp Trade Online Trading and don’t know how to start? Here’s a simple guide to help you get started on either the web platform, mobile app, or on Olymp ....

How to Use Neteller to Fund Olymp Trade in Nigeria.

How to Use Neteller to Fund Olymp Trade in Nigeria.

October 13, 2020

Are you a Nigerian Trader? Do you wish to fund your Olymp Trade trading account using Neteller from Nigeria? Then here is a post for you. If you already have a Neteller account, fund it ....

Olymp Trade deposit

How to Use Naira Bank Cards to Deposit Money to Olymp Trade.

October 13, 2020

Are you an Olymp Trade Nigerian Trader with money in the bank and wish to deposit directly to your trading account? All you need is a Bankcard and you can use it to deposit money ....

Fixed time trade tips (stock trading)

29 Technical Analysis Tools to Use to Make Money in Olymp Trade.

October 12, 2020

Technical analysis is the use of various chart analysis tools for more accurate predictions when trading Forex and Fixed Time. Olymp Trade is one such broker that provides you richly with so many technical analysis ....

11 Best Currency Pairs to Trade in Olymp Trade.

11 Best Currency Pairs to Trade in Olymp Trade.

October 11, 2020

Olymp Trade is a Forex and Fixed Time Trading broker which offers traders so many assets to trade, among them currency pairs. But, do all currency pairs really perform the same? There must be some ....

What is the Quickest Way to Make Money Trading?

What is the Quickest Way to Make Money Trading?

September 2, 2020

Do you intend to venture into online trading? Then chances are, after some time you will also be looking for some quick ways to make money trading. If you are already trading, you might as ....

WebMoney to Olymp Trade

How to Use WebMoney to Fund Olymp Trade Account.

August 25, 2020

What is WebMoney? WebMoney is an online electronic mode of payment recognized worldwide. Most firms and brokers support WebMoney deposits and Olymp Trade. is no exception. It is quite simple to acquire and fund a ....

Olymp Trade visa deposits for Australia

How to Use Visa to Fund Your Olymp Trade Account in Indonesia.

August 25, 2020

What is a Visa Card? A Visa Card is a payment card that is issued by banks and is branded Visa because it uses the visa network for electronic payments. You can use this card ....

How to Invest in Cryptocurrencies with the Olymp Trade Mobile App

How to use Tether to Fund Olymp Trade Account in Indonesia.

August 25, 2020

Are you an Indonesian Trader? Do you have a Tether Wallet? Here is some good news for you, Olymp Trade Indonesia now supports Tether Payment Method for deposits. Just how can one deposit on Olymp ....

Olymp Trade Support Team

How to Contact the Olymp Trade Support Team from Indonesia.

August 25, 2020

In this post, I’ll show you how you can contact the Olymp Trade Support Team from where you are. Be it Indonesia, India, Malaysia, Taiwan, Vietnam… name it. The hotlines are almost the same. How ....

Olymp Trade 100% Bonus

How to Recover Lost Password for Olymp Trade in Indonesia.

August 25, 2020

Are you an Olymp Trader in Indonesia and just forgot the login password you set during registration? You have no reason to worry because Olymp Trade Indonesia provides you a way to recover your password. ....

VIP Account in Indonesia

7 Reasons Why You Should Trade With the Olymp Trade VIP Account in Indonesia.

August 25, 2020

What is the Olymp Trade VIP Account? An Olymp Trade VIP Account is the special account type on the Olymp Trade Platform that you get after depositing $2,000 or more. Opening an Olymp Trade VIP ....

Olymp Trade Indonesia – Introduction to the Indonesian Trading Interface.

August 24, 2020

What is Olymp Trade? Olymp Trade is a Fixed Time and Forex Trading Broker that is available in almost all the countries in the world, including Indonesia and hundreds other countries in Asia. Did you ....

Risk to Reward Ratios in Olymp Trade

7 Reasons Why You Should Use Risk to Reward Ratios to Take Profits in Olymp Trade.

August 20, 2020

What is Risk to Reward Ratios? The risk to Reward Ratios are ratios of the anticipated risk of loss if a trade is lost to the anticipated reward of profits if a trade is won, ....

How to use take profits orders in Olymp Trade

How to Take Profits in Olymp Trade when Trading.

August 20, 2020

What is to Take Profit? To take Profit means that you are exiting a trade after you have had the amount of profit you targeted to achieve from that specific trade. It means that you ....

Bot trading

Robot Trading vs Human Trading | Who’s the best Trader?

August 20, 2020

Almost all operations around the globe have been automated to this far, and forex trading is no exception. Robots have found wide application in trading, rendering human trading almost obsolete. That, however, does not mean ....

Difference between investing and gambling

To Gamble or to Trade? Drawing the Subtle Line Between Investing and Gambling.

August 19, 2020

Are you really trading or gambling? This is a very critical question to ask yourself, especially if you find yourself trading without a definite trading strategy and plan. While trading involves a systematic and well-thought-out ....

Best Forex Brokers in India

10 Best Broker Platforms for Forex and FTT Trading in India

August 11, 2020

In the recent past, Forex and Fixed Time trading have gained a lot of popularity across the world. India has particularly shown persistence and consistency in the growth of fixed time trading. Due to that ....

How

How to Use the Olymp Trade Multiplier Tool to Increase Your Profits by 500%

August 7, 2020

What is a multiplier? A multiplier is a special tool in Olymp Trade, used to multiply returns by up to x500. How does the Olymp Trade Multiplier Work? To understand how the multiplier works and ....

Perfect money ID for Olymp Trade

How to Deposit to Olymp Trade With Perfect Money

August 6, 2020

What is Perfect Money? Perfect Money is a leading financial service allowing users to make instant payments and to make money transfers securely throughout the Internet opening unique opportunities to Internet users and owners of ....

Scalping and Day Trading

Between Scalping and Day Trading Strategy, which is Best?

July 23, 2020

If you have been trading forex for some time now, you must have come across these two terms – Scalping and Day Trading. But what do they stand for? Scalping and Day Trading are both ....

Invest in Indices

How to Invest in Indices with the Olymp Trade Mobile App.

July 13, 2020

What are Indices? Indices are a measure of the performance of a group of shares in a given economy. They measure a stock market or part of the stock market (a particular sector of the ....

How to Invest in Metals with the Olymp Trade Mobile App

July 4, 2020

What are Metals? Metals are assets that are mined from the earth. They have for a long time been used as mediums of exchange and therefore meet the threshold of being listed as trading instruments ....

Carwash business in Kenya

How to Invest in Exchange Traded Funds (ETFs) with the Olymp Trade App.

July 4, 2020

What are Exchange Traded Funds (ETFs)? An Exchange Traded Fund (ETF) is a collection of indices, commodities, bonds, or securities. ETFs usually track an underlying Index or other multiple underlying assets. Just like stocks and ....

How to Invest in Cryptocurrencies with the Olymp Trade Mobile App

How to Invest in Cryptocurrencies with the Olymp Trade Mobile App.

July 4, 2020

What are Cryptocurrencies? Cryptocurrencies are virtual and digital coins that can be bought from Bitcoin platforms and be used in exchange for goods and services. They are globally recognized for transactions. At least you have ....

Invest in stocks with Olymp Trade

How to Invest in Stocks with the Olymp Trade Mobile App.

July 3, 2020

What are Stocks? A stock is a fraction of ownership of a company. Companies can issue stocks in a bid to share in their success, or even source capital for funding their projects. In essence, ....

New Forex Traders Fail

7 Reasons Why Most New Forex Traders Fail.

May 30, 2020

Read that title again, did we just say that most New Forex traders fail to become profitable traders? Well, yes, that’s sadly true. Most new forex traders fail and even blow their first trading accounts. ....

Olymp Trade Blocked account

7 Reasons Why Olymp Trade Block Accounts And How to Unblock

May 26, 2020

If there is one issue daunting Olymp Trade users, it is getting your account blocked. This happens a lot and it is the hardest thing anyone can endure. Just imagine your Olymp Trade account blocked ....

Password in Olymp Trade

How to Recover a Lost Password in Olymp Trade

May 21, 2020

Looking for the easiest and quickest way to recover your password in Olymp Trade? Well, you are in luck because in this post we will discuss just that. But before we proceed, let’s first learn ....

SL and TP on Olymp Trade

How to Stop Loss and Take Profit on the Olymp Trade Forex Platform

May 17, 2020

If there is one great determinant of how much money a trader will make on Olymp Trade then it is knowing when to take profit and when to exit the market. Well, some traders may ....

Right way, another way - Expert Option to MPESA

How to Open an Automatic Trade with Trade Orders at Olymp Trade

May 17, 2020

There are two different methods of trading in Olymp Trade? The first one is rather an obvious technique. It requires that you choose the asset you want to trade, your preferred trade time (1 minute ....

Customer service

How to Contact the Olymp Trade Support Team on Live Chat

May 14, 2020

You will agree with me on this. It is common for traders to want help while trading. The needed help could be about understanding the trading platform; it could be about solving deposit or withdrawal-related ....

Fixed time trades on Olymp Trade

How to Place Your First Fixed Time Trade on Olymp Trade (for beginners)

May 12, 2020

Congratulations on deciding to trade online with Olymp Trade. I know how fulfilling taking this bold step feels like. But if you’ve never had a trading account then chances are, you are confused and thinking; ....

Olymp Trade 100% Bonus

5 Easy Ways to Register an Account on Olymp Trade

May 11, 2020

If you are looking for a way to begin making money online using Olymp Trade then this article is for you. In this post, I will guide you on how to register a new account ....

Momentum Oscillators

Olymp Trade Vs IQ Option | Which Broker is Best?

May 10, 2020

Do you want to start trading options online? Have you created an account with any broker yet? If you haven’t, chances are it’s because you have read lots of online reviews and are now confused ....

How to replenish your Olymp Trade Account Balance

How to Replenish Your Demo Account Balance on Olymp Trade

May 7, 2020

Can I tell you the secret to mastering fixed-time trades on Olymp Trade? Practice my friend! Practice, practice, practice. Are you surprised? You shouldn’t be. You see, every time I put out a trading strategy ....

Olymp Trade Account Verification

How to Verify Your Olymp Trade Account (a step by step guide)

May 6, 2020

Looking for a surefire way to trade in Olymp Trade without interruptions? Why not verify your trading account in advance? Contrary to what most traders believe, Olymp Trade account verification is easy. And can be ....

Olymp Trade App for Desktop

How to Install the Olymp Trade PC App on Desktop or Laptop

May 4, 2020

In this article, I will walk you through the process of downloading the Olymp Trade PC app and the process of installing it on your machine. Interestingly, the Olymp Trade PC app works exactly the ....

Olymp Trade on Joon Online

How to Install and Begin Trading with Olymp Trade Android/iOS App

May 4, 2020

Looking for the most convenient way to make money on your phone? In this article, I will show you how to install the Olymp Trade app both for Android and iOS. I will also show ....

How to recognize trend in Olymp Trade

How to Recognize a Trend in Olymp Trade

May 3, 2020

If you are a trader in Olymp Trade then you will attest to this truth; catching a trend is the best thing that has happened to the world since sliced bread. With a steady trend ....

the olymp trade platform

How to Make Money Trading on the Olymp Trade Platform

May 2, 2020

You’ve probably heard about forex trading on social media, blogs, search engines, or even from your friends; and may be asked this question too, “Can I really make money trading forex?” Well, the answer to ....

Bearish engulfing patterns

6 Bearish Candlestick Patterns That Show Continuing Downtrend in Olymp Trade

March 13, 2020

What is Quick Turn? “Quick turn” is a counter-trend strategy for trading. It works best on time frames of 5 and 10 minutes. When using the quick turn strategy to trade, your trade time should ....

Candlestick trading

6 Bullish Candlestick Patterns to Look Out for While Trading

March 12, 2020

Previously on our candlestick lessons, we listed some patterns which may be formed by individual candlesticks on daily charts. We put names on these candlestick patterns beginning with: –  Hammer candlesticks. Then shooting-star Candlesticks. Bullish ....

Olymp Trade Assets and what they mean

List of Olymp Trade Assets and What Each Pair Stands For

March 2, 2020

Currency pairs. AUD/CAD. The Australian Dollar against the Canadian Dollar. AUD/CHF. The Australian Dollar against the Swiss Franc. AUD/JPY. The Australian Dollar against the Japanese Yen. AUD/NZD. The Australian Dollar against the New Zealand Dollar. ....

Parabolic SAR

Parabolic SAR | The Easiest Way to Pick Trading Direction in Olymp Trade

February 23, 2020

Unlike the other trend indicators in this eBook (Download Free eBook Here) – showing when a trend begins, the parabolic SAR shows when a trend ends. So, how does it work? The parabolic SAR works ....

Bollinger_Bands

How to Pick Entry Points in Olymp Trade With Bollinger Bands

February 23, 2020

Yesterday we reviewed Fibonacci retracement levels as a good indicator for technical analysis in fixed-time trades. Today we yet to review another tool that can help you make money in Olymp trade – Bollinger bands. ....

Best Olymp Trade Indicators

10 Best Indicators For Day Trading in Olymp Trade

January 15, 2020

Are you struggling to make profits in Olymp Trade? Have you considered using trading indicators to pick trading directions and to possibly increase your chances of winning? Well, if you haven’t then try making trend ....

SMA Trend Indicator

How to Use Olymp Trade SMA Trend Indicators to Win More

January 15, 2020

Do you have an Olymp Trade account already? And how much money have you earned on it since starting to trade with the real account? Have you earned – USD – 1,000; Ksh. 502,000; JPY – 900; ....

Olymp trade robots

Olymp Bot | How to Trade With Robots Designed for Olymp Trade

October 30, 2019

Do you want to win more in Olymp Trade? To place more trade and make more profits? Of course, you do. And what better way is there to have more wins than to use Trading Strategies? ....

How Forex Trading Works - How does Forex Trading Work

How Does Forex Work? Learn The Ropes in 4 Minutes

August 5, 2019

Are you making money trading Forex? You do? Oh, Tell us about it. Apparently, not everyone who say they know how Forex works have the slightest idea about Foreign Exchange, Forex – FX.  Some of ....

Olymp Trade risk Free Trades

Olymp Trade Discounts | Get up to 20 Sets of Risk Free Trades for Less

June 26, 2019

Imagine trading on a live account with Olymp Trade, losing; trading again and losing. Only – each time you lose, the amount you used to trade is returned to you. Well, such trades are called ....

How to use Fibonacci to win in Olymp Trade

Fibonacci Retracement | How to Enhance Your Forecasts in Olymp Trade

May 13, 2019

In finance, Fibonacci retracement is a method of technical analysis for determining support and resistance levels.[1] They are named after their use of the Fibonacci sequence.[1] Fibonacci retracement is based on the idea that markets ....

Options Trading eBook | How to Pay Using Paypal, Visa and Mastercard

May 10, 2019

There are many different ways to buy my trading eBook – the One one One Guide of Options Trading. You can buy through Mpesa – Mpesa number 0708655398. Skrill to an email address – omollokenneth@yahoo.com. ....

RSI trend indicators

How to use the RSI to Find Entry Points in Olymp Trade

April 25, 2019

RSI, also known as relative strength indicator is a technical analysis tool in Olymp Trade. It falls under oscillators. Unlike moving averages which simplify price data to show trends; RSI’ strength is in showing trade ....

The one on one guide of options trading

Special Offer | Get The One on One Guide of Options Trading for $5 Now

April 24, 2019

Hello guys, My eBook, The One on One guide of Options Trading is ready. Updated on 1/06/2019 – Click here to download for free It is an interesting piece with all answers that you have ....

Exponential moving average

Using Exponential Moving Average (EMA) to Pick Trends in Olymp Trade

April 22, 2019

Exponential Moving Average, also EMA is a trend analysis tool that works with the same principles as SMA. Calculations for both Exponential Moving Average and the Simple Moving Average use the same formulas. However, there ....

Kenn Omollo GIF

How to Trade Like a Boss & Win Most of Your Orders

March 19, 2019

“Confidence is not “I will profit on this trade.” Confidence is “I will be fine if I don’t profit from this trade.”  ― Yvan Byeajee. When I started promoting my eBook for online pre-order purchase, I ....

ForexSignals Free Access

Join ForexSignals Now to Get Free Access & Witness $1,500 Giveaway!

March 8, 2019

Hello there, Did you read my post on the NFP report release and how you can earn good money by following the event? Well, the nonfarm payroll report is to be released in 1 hour. ....

Nil investment in Forex Trading

Get Free Access to My Forex Signals Source… Earn With NIL Investment

March 5, 2019

Previously on how Forex works, we mentioned Forex fundamental analysis as one of the easy ways to capture market trends. We then defined Fundamental analysis as a way of looking at the Forex market by ....

How Forex Works in Kenya

A Follow up Review on How Forex Works | Learn The Ropes in 4 Minutes

March 4, 2019

Previously on how Forex works we talked about the basics of Forex Trading and highlighted legit brokers worth joining as a newbie Forex Trader. In a simple trading language we explained how Forex happens, on ....

Internet Banking in Asia

Help2Pay | How to Use Internet Banking to Fund Olymp Trade in Asia

February 23, 2019

How do you find day trading in Olymp Trade? Is it easy? Is it fun? Or excessively profitable than you expected? And. Remind me again, Which payment option do you use to fund your account? ....

Fixes for Olymp Trade Visa Deposit Errors

Fixes For Olymp Trade Visa Deposit Error(s)

February 11, 2019

Last updated on 3/18/2019 – Personally I use the KCB (Quick serve) VISA Card to make Olymp Trade deposits. If you have the card make sure it is enabled for SMS such that when you ....

Day Trading Vs Scalping

Let’s Draw a Subtle Line Between Scalping & Day Trading

January 17, 2019

How long have you been trading? And which type of trader would you call yourself? Are you a scalper in Kenya? Does day trading describe you better? Are you a swing trader in the Pacific? ....

Language In Olymp Trade

How to Change Your Preferred Language In Olymp Trade

January 15, 2019

Hello, Where are you making money with Olymp Trade from? Indonesia, India, Malaysia, Spain, Turkey, Vietnam, Portugal, Japan or Kenya? Have you ever wanted to execute your Olymp Trade forecasts in a Language that you ....

Olymp Trade Nigeria Seminars

Olymp Trade Nigeria | How to Get Started

January 12, 2019

What’s the simplest way to make money online in Nigeria? Is it through publishing & selling books online; Is it by selling designs & creatives online or is it by selling products on e-commerce websites? ....

Winning Constantly With Olymp Trade

A Cheat Sheet to Winning Consistently in Olymp Trade

January 12, 2019

There is a lot of money flowing free in Olymp Trade, Expert Option & Binomo. So much money that you wouldn’t expect anyone to be saying — they don’t have a job & money. But how comes Kenyan & Nigerian traders ....

Forex Trading

Forex Trading: How to Get Started With Olymp Trade Forex

January 12, 2019

How long have you been trading Forex? Uh? Never tried? Do you want to try trading today? Do you want to learn how to make money with the Olymp Trade Forex? Great! In this guide, I’ll teach ....

Olymp Trade Kenya

How to Get Started With the Olymp Trade Trading Platform

January 9, 2019

Last year I shared my Olymp Trade success story for the first time on the internet. I Earned Ksh. 502,000 in Under 2 Hours With Olymp Trade. Interestingly, I didn’t have so much experience in Trading Options. ....

Olymp Traders in Kenya

How Much Money Did Olymp Traders Earn in December 2018?

January 3, 2019

How much did traders in the Olymp Trade Platform make in December 2018? Ksh. 965,597,730.24! Isn’t that too much money you ask? No! Any Real Forex or FTT Trader will tell you that $9, 449, 968 ....

Olymp Trade Review

Olymp Trade Review 2020 – Best Online Trading Platform

December 27, 2018

Are you looking for a quick way to make money online? Have you considered trading fixed time trades? Well, FTTs is an alternative way to earn instant cash online. In this guide – The Olymp ....

The M-PESA PrePay VISA Safari Card

Make Olymp Trade Deposits | M-PESA PrePay VISA Safari Card

December 8, 2018

Last updated on 28/02/2020 – Olymp Trade has now integrated with Mpesa. You can deposit directly by following the steps outlined below. How to deposit to olymp trade via mpesa. Login to your Olymp Trade account ....

Read More
 

Kenn Omollo

Kenn Omollo is an investment writer and a business management consultant at Joon. Reach him at – kenn@joon.co.ke

See author's posts

Share this post:

  • Facebook
  • WhatsApp
  • Twitter
  • Pinterest
  • Telegram
  • More
  • Print
  • LinkedIn
  • Reddit
  • Tumblr
  • Email
Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
Review
REGISTER
* Register, Learn How to Trade, Pick a strategy , Try Demo, Deposit and Become an Expert.
If you participated in the Joon Online February Contest and your Olymp Trade Trading ID is-

1. 65088443 (from the United Arab Emirates) you are the winner of our brand new PS5

2. 71239571 (from Mexico) - you are the first runners up and you win $500
3. 42372579 (from India) - you win $100
4. 70050992 (from Benin) - you win $100
5. 66245309 (from the United Arab Emirates) - you win $100
6. 65522959 (from India) - you win $100
7. 71249170 (from Colombia) - you win $100

contact us via email - info@joon.co.ke to collect your prizes


Don't have an Olymp Trade Account? Register Here.


Tagged With : "forex trading" • Forex Asia Sessions • Forex European Sessions • Forex Pacific Sessions • Forex Trading in Kenya • Forex trading in Nigeria • Forex Trading in South Africa • Forex Trading in Uganda • How does Forex Work? • How Olymp Trade works • how to earn money from olymp trade • Learn to trade Forex • make money trading forex • making money in forex • o que é a olymp trade • Olymp Trade Forex • Olymp Trade Forex login

August 5, 2019 Kenn Omollo Olymp Trade Tutorials 4 Comments

4 Responses to “How Does Forex Work? Learn The Ropes in 4 Minutes”

  1. Pingback: Binomo Among Best Brokers For Options Trading - Joon Online
  2. Pingback: Best Forex Schools in Africa 2019 | Nairobi & Joburg in List - Joon Online
  3. Pingback: Let's Draw a Subtle Line Between Scalping & Day Trading - Joon Online
  4. Pingback: How to Make KES. 100,000 Online in Kenya in 2021.

Comment on this post Cancel reply

Popular Posts

  • You Can Make $274 if you Invest $100 Ten Times With a Winning Rate of 70%
  • Olymp Trade Success Stories | $ 383,022 Paid out to traders yesterday
  • 15 Great Small Business Ideas to Start in 2021
  • Bitcoin Business | You’d Be Worth KES. 5.9 Million If You Invested This Amount in 2019.
  • I Started a Restaurant Business With Ksh. 500,000 And Failed. Here’s Why
  • Top 5 CCI Trading Strategies for Olymp Trade.
  • Boda Boda Business | How to Earn Ksh. 100,000 Daily Without Working
  • Top Forex Platforms That Accept PayPal as a Payment Method.
  • Top 5 Aroon Trading Strategies for Olymp Trade.
  • Top 5 Williams %R Trading Strategies for Olymp Trade.

Recent Posts

  • You Can Make $274 if you Invest $100 Ten Times With a Winning Rate of 70%
  • Olymp Trade Success Stories | $ 383,022 Paid out to traders yesterday
  • 15 Great Small Business Ideas to Start in 2021
  • Bitcoin Business | You’d Be Worth KES. 5.9 Million If You Invested This Amount in 2019.
  • I Started a Restaurant Business With Ksh. 500,000 And Failed. Here’s Why

Categories

  • Affiliate Marketing (8)
  • Blog (63)
  • Borrow Loans (32)
  • Business Ideas (69)
  • Business News (14)
  • Expert Option Tutorials (25)
  • Forex Education (46)
  • IQ Option Tutorials (28)
  • Make Money (121)
  • Olymp Trade Guides (96)
  • Olymp Trade Strategies (113)
  • Olymp Trade Tutorials (74)
  • Product Reviews (8)

Top Sites

Olymp Trade
Register
Expert Option
Register
Iq Option
Register
Binomo
Register
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • YouTube
Copyright © 2021 Joon Online, All Rights Reserved

Risk Disclosure: Product listed on this website involve a significant risk and may not be suitable for all investors.

Get a DEMO account with $10,000 for trading practice^^^.

REGISTER!
X

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.