The three most used Forex trading systems are: Forex Yard, Pip-Forex and Easy-Forex.
Most people find Forex Yard a superb system, but it isn't really for the newbie. The minimum deposit is $100 but they recommend $1000 on their Pro account. You don't want to start risking this amount when you are just setting out.
Pip-Forex has an extremely user-friendly site and trumpets itself as being for the newbie. However unlike the other two it requires a software download, which some people find causes problems. Also its minimum trade is $200 which is too much to start out with. Also compared to the other two its leverage is poor - that is, the multiple of your deposit that you can trade with. With Forex Yard the leverage is 200:1, meaning that if you deposit $100 you can trade with $20,000! With Pip-Forex the leverage is only 100:1.
Along with most other people I would recommend Easy-Forex if you are just starting. As with Forex-Yard there is no software to download - you can log into your account from anywhere and just start trading. But what really makes it No.1 for the beginner is the low minimum deposit - only $50! So you can enjoy the excitement of foreign exchange trading without losing more than you can afford. Yet because of the leverage of 200:1 you still have the potential to make substantial profits.
วันพุธที่ 18 มีนาคม พ.ศ. 2552
Why is Forex Trading so popular?
Forex trading means "foreign exchange trading". Foreign exchange trading, or currency trading, is rapidly becoming one of the hottest business opportunities in the world of investment. In fact some claim foreign exchange trading is the world's most powerful home-based business. Many have used forex to make their dreams come true and achieve a level of financial independence and a lifestyle beyond what they could ever have imagined.The reason why more and more investors are turning to Forex trading is that it is the method with the most advantages. It has huge advantages over traditional trading methods like stocks, bonds, futures or commodities.
If you're trading on the futures market you are buying a contract to purchase a particular unit of currency at a particular point in time. You have no way of protecting yourself against the market's sudden moves so your position can be liquidated at a loss. In Forex trading there are no dangerous gaps and moves because of the market's deep liquidity and continuous 24-hour trading.
In foreign exchange trading you have super-high leverage - meaning that you can be allowed to trade up to 100 times - or in the case of some platforms, such as Easy-Forex, 200 times! - what you actually have in your trading account. And what you have in your account is ALL you can lose!
This amazing leverage alone gives Forex trading a major advantage over trading the stock market.
I read that a Forex expert said"Trading Forex is like picking money up off the floor. NOT trading Forex is like leaving it there for someone else to pick up."
So - you may ask "How do I access this amazing market?"
Well - you MUST have the right Forex Trading System. I'll tell you more about that in my next post. Meanwhile, to find out more, have a look at http://www.bizwrite.co.uk/Forex/forexindex.html
Posted by bizwrite at 07:19
Labels: foreign exchange trading, Forex trading, forex trading system
If you're trading on the futures market you are buying a contract to purchase a particular unit of currency at a particular point in time. You have no way of protecting yourself against the market's sudden moves so your position can be liquidated at a loss. In Forex trading there are no dangerous gaps and moves because of the market's deep liquidity and continuous 24-hour trading.
In foreign exchange trading you have super-high leverage - meaning that you can be allowed to trade up to 100 times - or in the case of some platforms, such as Easy-Forex, 200 times! - what you actually have in your trading account. And what you have in your account is ALL you can lose!
This amazing leverage alone gives Forex trading a major advantage over trading the stock market.
I read that a Forex expert said"Trading Forex is like picking money up off the floor. NOT trading Forex is like leaving it there for someone else to pick up."
So - you may ask "How do I access this amazing market?"
Well - you MUST have the right Forex Trading System. I'll tell you more about that in my next post. Meanwhile, to find out more, have a look at http://www.bizwrite.co.uk/Forex/forexindex.html
Posted by bizwrite at 07:19
Labels: foreign exchange trading, Forex trading, forex trading system
Forex Signals-What to Look For by Ch Hunter
Forex signals and ascertaining how to construe and unravel them are deemed to be key factors in hitting it big in the forex market. These trading signals keep an eye in the behavior of the market through tracking the movement of the entire trade. The results of this constant monitoring will then be provided to hundreds and millions of traders all around the globe.
Forex signals are developed from different variables responsible for the behavior and movement of the trade. An arrangement of both technical analysis and certain indicators are the determinants used to know stop losses and other trends. These signals are also responsible in helping a trader discern when is the best time to enter the trade when it is under way and exit when it is about to fall off. In this manner, a trader manages to make smart money through the use of forex signals.
Forex Signals 101
The very concept of forex trading is to trade currency pairs with the currencies of other countries. Most forex signal providers offer signals for prominent pairs such as EUR-USD as well as other lesser-identified pairs. Whichever the case is, the very concept of these signals is to give traders a panoramic view as to when will be the best time to buy and sell currencies in the forex market. It may be a volatile trade, yet an excellent trader should know how to take advantage of these given signals to draw more profit in the bank. It's just a matter of stumbling upon great resources to start with, make it a good starting point and find your way towards making it big in the course of the trade. A trader can also get hold of charts to have a better understanding of the forex market both external and internal.
What to look for
Forex signals when utilized to the fullest will definitely create more profits. However, there are array of considerations to look at prior to hitting it big in this trade. First, you need to have a reliable signal provider or software that will serve as your trading partner. This should be a system that offers real time data and charts with up-to-the-minute information concerning the movement of the market from day in and out. Next, it should be a system that provides backup. Since most traders don't have the luxury of time to monitor the trend, it is best to look for a reliable automated forex system that will work on your behalf 24/7. This system will act as your eye in the market and will only need ones input when the market is at a trader's advantage. Lastly, look for a system or software that will make significant net profits and pips on your part. Since your primary goal is to make money and be successful in the trade, one should effectively use these indicators for their gain.
In a nutshell
Forex signals are produced by varying factors such as combination of indicators, moving averages, technical analysis, trends and the like. What is essential is that a trader should make comparisons of each of these indicators applicable to the kind of movement the forex market is in. However, the use of these signals should not in any way hamper a trader's ability to learn more about the trade. Forex trade signals should only play as a guide and a trader should not completely rely on what it can do to ones profits. At the end of the day, every profit and gains still depends on how a trader handles his resources and advantages before going for the kill.
Forex signals are developed from different variables responsible for the behavior and movement of the trade. An arrangement of both technical analysis and certain indicators are the determinants used to know stop losses and other trends. These signals are also responsible in helping a trader discern when is the best time to enter the trade when it is under way and exit when it is about to fall off. In this manner, a trader manages to make smart money through the use of forex signals.
Forex Signals 101
The very concept of forex trading is to trade currency pairs with the currencies of other countries. Most forex signal providers offer signals for prominent pairs such as EUR-USD as well as other lesser-identified pairs. Whichever the case is, the very concept of these signals is to give traders a panoramic view as to when will be the best time to buy and sell currencies in the forex market. It may be a volatile trade, yet an excellent trader should know how to take advantage of these given signals to draw more profit in the bank. It's just a matter of stumbling upon great resources to start with, make it a good starting point and find your way towards making it big in the course of the trade. A trader can also get hold of charts to have a better understanding of the forex market both external and internal.
What to look for
Forex signals when utilized to the fullest will definitely create more profits. However, there are array of considerations to look at prior to hitting it big in this trade. First, you need to have a reliable signal provider or software that will serve as your trading partner. This should be a system that offers real time data and charts with up-to-the-minute information concerning the movement of the market from day in and out. Next, it should be a system that provides backup. Since most traders don't have the luxury of time to monitor the trend, it is best to look for a reliable automated forex system that will work on your behalf 24/7. This system will act as your eye in the market and will only need ones input when the market is at a trader's advantage. Lastly, look for a system or software that will make significant net profits and pips on your part. Since your primary goal is to make money and be successful in the trade, one should effectively use these indicators for their gain.
In a nutshell
Forex signals are produced by varying factors such as combination of indicators, moving averages, technical analysis, trends and the like. What is essential is that a trader should make comparisons of each of these indicators applicable to the kind of movement the forex market is in. However, the use of these signals should not in any way hamper a trader's ability to learn more about the trade. Forex trade signals should only play as a guide and a trader should not completely rely on what it can do to ones profits. At the end of the day, every profit and gains still depends on how a trader handles his resources and advantages before going for the kill.
Como Ganar Dinero en Internet by Osiris
Muchos meses atrás eh venido dandole vueltas al tema de Como Ganar dinero en Internet y seguro no se imaginan cuanto noches eh quedado despierto en mi intento de encontrar mi libertad financiera por medio de internet. En este tiempo eh visto y estudiado muchos metodos y formas de como ganar dinero en internet. Pasando de Invertir en la bolsa de valores de estados unidos, ebay, internet marketing, Forex, ganar dinero con un blog usando Google adsense, affiliate marketing, crear tu propio producto digital (ebook) y una gran cantidad de productos y ofertas que eh adquirido. Si bien es cierto que todos estos metodos que eh mencionado funcionan, el que mas me ah llamado la atención (y recomiendo para principiantes) es el de crear un blog y monetizarlo con anuncios de Adsense, de esta forma adsense coloca anuncios relevantes en tu sitio web y cada vez que alguien hace clic ganas dinero. No es esto tan simple???
No esta de mas señalar que este metodo es el mas economico de todos, pues se puede ganar dinero en internet sin la necesidad de hacer una gran inversión, solo con la creación de un blog el cual te provee de forma gratuita el hosting y el dominio. Ejemplos de estos pueden ser Wordpress o Blogger.
Todo esto de libertad financiera, ganar dinero en internet y trabajar desde casa, vino luego de leer un libro interesantísimo de Robert Kiyosaky llamado Padre Rico, Padre Pobre, el cual trata de como debemos hacer para que el dinero trabaje para nosotros y no al revez. Desde entonces se me encendio la bombilla de la curiosidad y eh buscando todas las formas posible para ganar dinero en internet; porque en internet? Pues a mi juicio es la forma mas economica, sencilla y rapida de lograr la libertad financiera que todos soñamos y a la vez poder trabajar desde casa o de cualquier lugar del mundo donde haya una computadora con conexion a internet.
Para ganar dinero en internet y obtener la libertad financiera, debemos de tener mucha paciencia y enfocarnos en un tema a la vez, pues con tanta información disponibles en la web, es muy facil entrar en un estado de impotencia y quedarnos de brazos cruzados con toda esa información.
Se imaginan ustedes trabajar desde casa y poder administrar su tiempo sin que nadie este presionándote y diciendote las cosas que debemos hacer? Como ganar dinero en internet para lograr la libertad financiera sin mucho bla bla bla ni enredos yo te guiare paso a paso y en un lenguaje llano como lograrlo.
Si deseas seguirme seguirme hasta mi blog y enterarte de cómo tu también puedes obtener tu libertad financiera trabajando desde tu hogar, has clic en Como Ganar dinero en Internet
No esta de mas señalar que este metodo es el mas economico de todos, pues se puede ganar dinero en internet sin la necesidad de hacer una gran inversión, solo con la creación de un blog el cual te provee de forma gratuita el hosting y el dominio. Ejemplos de estos pueden ser Wordpress o Blogger.
Todo esto de libertad financiera, ganar dinero en internet y trabajar desde casa, vino luego de leer un libro interesantísimo de Robert Kiyosaky llamado Padre Rico, Padre Pobre, el cual trata de como debemos hacer para que el dinero trabaje para nosotros y no al revez. Desde entonces se me encendio la bombilla de la curiosidad y eh buscando todas las formas posible para ganar dinero en internet; porque en internet? Pues a mi juicio es la forma mas economica, sencilla y rapida de lograr la libertad financiera que todos soñamos y a la vez poder trabajar desde casa o de cualquier lugar del mundo donde haya una computadora con conexion a internet.
Para ganar dinero en internet y obtener la libertad financiera, debemos de tener mucha paciencia y enfocarnos en un tema a la vez, pues con tanta información disponibles en la web, es muy facil entrar en un estado de impotencia y quedarnos de brazos cruzados con toda esa información.
Se imaginan ustedes trabajar desde casa y poder administrar su tiempo sin que nadie este presionándote y diciendote las cosas que debemos hacer? Como ganar dinero en internet para lograr la libertad financiera sin mucho bla bla bla ni enredos yo te guiare paso a paso y en un lenguaje llano como lograrlo.
Si deseas seguirme seguirme hasta mi blog y enterarte de cómo tu también puedes obtener tu libertad financiera trabajando desde tu hogar, has clic en Como Ganar dinero en Internet
Forex Trading Made Easy - Everything You Need to Know by Chriss Hunter
Forex trading can be a very complicated thing to understand. Whatever you have heard and read about it being easy is not true at all. When you are trading foreign currencies in the world's largest market where nearly $2 trillion a day exchange hands, navigating the environment is far from a walk in the park.
Don't let this discourage you, however. These days trading on the foreign exchange market is done over the Internet, making it accessible to anybody who aspires to be a forex trader. There are many resources from which you can learn the basics of forex trading, whether they be e-books, online articles, forums, or the advice of an experienced broker. With enough information at your fingertips and the patience to learn all of it, you can begin your career as a forex trader and gather the skills you need to make your forex transactions a success.
First off, know what kind of commerce the foreign exchange market deals in. This fast-paced and erratic environment is a global marketplace where different kinds of currencies are bought and sold. There is no day or night in forex as trading takes place around the clock, 24/7, whatever your geographical location may be.
When you start trading at forex, you will notice that you will be dealing with two currencies at a time. These currency pairs consist of a base currency whose constant value is 1, and a counter currency, which the base currency is traded against. For instance, when you see a forex quote that appears as USD/JPY 109.6, it means that 1 US Dollar is traded at 109.6 Japanese Yen. You will need to concentrate on both these currencies and observe how they react to one another.
The price of each currency will depend on its country's international trading activities and financial investments. Its movements also depend on the country's inflation, interest rates, and political stability, as well as in relation to news and other global events. You will need to be on constant alert to the movements of currencies as they respond to all these factors. This way, you will know what directions your trading decisions will take.
Forex currency quotes have a "bid" price and an "ask" price. The bid price is the amount that a dealer is prepared to buy a currency with, and the amount which a trader is willing to sell it at. The asking price is the amount that a dealer is prepared to sell the currency at, and which a buyer is willing to buy the currency with. The amount difference between the bid price and the ask price is what is known as the "spread". You can make a huge profit if you are able to buy a currency at a low asking price, and sell it at a higher bidding price, thus arriving at a larger spread.
There is a lot of information you can find on forex trading online, such as how to trade in different currencies, get access to real-time quotes, finding a tested and proven forex trading system, and how to manage your money with consistency and discipline in order to minimize your losses and maximize your profits. When you have mastered the basics and understand how forex trading works, you will be more confident about making wise trading decisions and more likely to profit from your trades.
Don't let this discourage you, however. These days trading on the foreign exchange market is done over the Internet, making it accessible to anybody who aspires to be a forex trader. There are many resources from which you can learn the basics of forex trading, whether they be e-books, online articles, forums, or the advice of an experienced broker. With enough information at your fingertips and the patience to learn all of it, you can begin your career as a forex trader and gather the skills you need to make your forex transactions a success.
First off, know what kind of commerce the foreign exchange market deals in. This fast-paced and erratic environment is a global marketplace where different kinds of currencies are bought and sold. There is no day or night in forex as trading takes place around the clock, 24/7, whatever your geographical location may be.
When you start trading at forex, you will notice that you will be dealing with two currencies at a time. These currency pairs consist of a base currency whose constant value is 1, and a counter currency, which the base currency is traded against. For instance, when you see a forex quote that appears as USD/JPY 109.6, it means that 1 US Dollar is traded at 109.6 Japanese Yen. You will need to concentrate on both these currencies and observe how they react to one another.
The price of each currency will depend on its country's international trading activities and financial investments. Its movements also depend on the country's inflation, interest rates, and political stability, as well as in relation to news and other global events. You will need to be on constant alert to the movements of currencies as they respond to all these factors. This way, you will know what directions your trading decisions will take.
Forex currency quotes have a "bid" price and an "ask" price. The bid price is the amount that a dealer is prepared to buy a currency with, and the amount which a trader is willing to sell it at. The asking price is the amount that a dealer is prepared to sell the currency at, and which a buyer is willing to buy the currency with. The amount difference between the bid price and the ask price is what is known as the "spread". You can make a huge profit if you are able to buy a currency at a low asking price, and sell it at a higher bidding price, thus arriving at a larger spread.
There is a lot of information you can find on forex trading online, such as how to trade in different currencies, get access to real-time quotes, finding a tested and proven forex trading system, and how to manage your money with consistency and discipline in order to minimize your losses and maximize your profits. When you have mastered the basics and understand how forex trading works, you will be more confident about making wise trading decisions and more likely to profit from your trades.
How to Turn $50 Into $10,000 Using Artificial Intelligence by Kari Larson
If you believe that there are no get-rich-quick schemes that work [I'm talking about legal ones]...
If you believe that you'll need to do some work to make money [OK, duh]...
And if you suspect that it does not always take money to make money -- that sometimes simply knowing what to do, how to do it, and where to do it is enough...
Then you'll want to check out this service I just discovered.
Imagine two college students -- with very little money to spare -- building and working themselves up to a $45K-per-month income. Not overnight. Not without WORK. But they did it in THREE months. And with almost NO money to invest.
Sounds crazy, but it's true.
And they have proven it's true, time and time again, by spreading the word about Forex Ambush 2.0 to people who have built daily incomes of $100 per day... $500 per day... and even $2,000 per day...
WOW!
Their stuff is completely original, tried and true. They do what they preach, and they preach what they do... Because it just plain works.
Yes, you CAN make money online... Lots of money... Without products of your own... Without joint ventures... Without spending a fortune to make a fortune... At your own pace... If you're willing to follow a tried-and-true method for making money online without spending a lot of money...
==> http://TinyURL.com/coympu
Imagine what a 20,000% annual return rate can do: 500 turns into 100,000... 1,000 turns into 200,000... and 5,000 turns into 2,000,000 while taking out your profits on each trade!
They'll even give you a taste. Check out their actual statements that don't have a single loss!
==> http://TinyURL.com/coympu
The program is called Forex Ambush 2.0 -- a brand-new, artificial intelligence engine that produces profits in excess of 20,000%! So, not only are you making money, you're not spending money to make that money.
Now that's something to love!
Introducing Forex Ambush 2.0: 100% Accurate Artificial Intelligence Forex Trading Signals!
Learn how Forex Ambush 2.0 gives you dead-on Forex signals to earn you thousands of dollars per month, using an advanced artificial intelligence engine:
==> http://TinyURL.com/coympu
###
TAGS: Forex Ambush 2.0, signal, signals, AI, artificial intelligence, engine, statements, make money from home, make money online, 100% automatic, Forex robot, money-back guarantee, 60-day guarantee, statements, client testimonials, video testimonials, 100% accurate, 100% foolproof, automatic profits, profits calculator, Forex trading, trading Forex, trading robot, invest, investing, investment, investor, work at home business opportunity, work from home business opportunity, home business, online system trading, foreign exchange system, automated Forex trading system, Forex trading system software, Forex trading system course, home-based business, Internet business, online business, work at home job opportunity
If you believe that you'll need to do some work to make money [OK, duh]...
And if you suspect that it does not always take money to make money -- that sometimes simply knowing what to do, how to do it, and where to do it is enough...
Then you'll want to check out this service I just discovered.
Imagine two college students -- with very little money to spare -- building and working themselves up to a $45K-per-month income. Not overnight. Not without WORK. But they did it in THREE months. And with almost NO money to invest.
Sounds crazy, but it's true.
And they have proven it's true, time and time again, by spreading the word about Forex Ambush 2.0 to people who have built daily incomes of $100 per day... $500 per day... and even $2,000 per day...
WOW!
Their stuff is completely original, tried and true. They do what they preach, and they preach what they do... Because it just plain works.
Yes, you CAN make money online... Lots of money... Without products of your own... Without joint ventures... Without spending a fortune to make a fortune... At your own pace... If you're willing to follow a tried-and-true method for making money online without spending a lot of money...
==> http://TinyURL.com/coympu
Imagine what a 20,000% annual return rate can do: 500 turns into 100,000... 1,000 turns into 200,000... and 5,000 turns into 2,000,000 while taking out your profits on each trade!
They'll even give you a taste. Check out their actual statements that don't have a single loss!
==> http://TinyURL.com/coympu
The program is called Forex Ambush 2.0 -- a brand-new, artificial intelligence engine that produces profits in excess of 20,000%! So, not only are you making money, you're not spending money to make that money.
Now that's something to love!
Introducing Forex Ambush 2.0: 100% Accurate Artificial Intelligence Forex Trading Signals!
Learn how Forex Ambush 2.0 gives you dead-on Forex signals to earn you thousands of dollars per month, using an advanced artificial intelligence engine:
==> http://TinyURL.com/coympu
###
TAGS: Forex Ambush 2.0, signal, signals, AI, artificial intelligence, engine, statements, make money from home, make money online, 100% automatic, Forex robot, money-back guarantee, 60-day guarantee, statements, client testimonials, video testimonials, 100% accurate, 100% foolproof, automatic profits, profits calculator, Forex trading, trading Forex, trading robot, invest, investing, investment, investor, work at home business opportunity, work from home business opportunity, home business, online system trading, foreign exchange system, automated Forex trading system, Forex trading system software, Forex trading system course, home-based business, Internet business, online business, work at home job opportunity
A Short and Sweet Explanation of Forex Trading by Tracy Lenyk
A Short and Sweet Explanation of Forex Trading
With the current economic conditions, a lot of people are looking for alternative ways to make money. If you are reading this article you probably thought about trading on the foreign exchange market. The commonly used, acronyms for the foreign exchange market is FOREX or FX.
The simplest foreign currency exchange transaction; is when you travel outside the country in which you live. For example, you go to a bank or currency exchange bureau to convert your "home currency" into the currency in which you are visiting. If a business conducts transaction outside their home currency they must enter into a FX transaction.
The FX trading that everyone is talking about is a relatively new profitable activity. With the internet and FX automated software applications; more and more people are getting involved. Trading on the forex market, allows people to brake free from the corporate world and start working from home. You don't have to give up your day job to be a forex trader. The FOREX market is open 5 days a week and 24 hours a day. The FX has long forex trading hours: 24 hours a day except on weekends. The forex market hours are 22:00 Coordinated Universal Time UTC on Sunday until 22:00 UTC Friday. This is a great benefit for the FX trader. You can make your trades after, before or inbetween your daily obligations.
For many years, Forex trading was solely for major banks, large financial institutions and countries central banks; for example the U.S. Federal Reserve Bank. The Internet has opened up forex trading to everyone willing to learn how to trade on the forex market. There are many techniques in forex trading, all with the intention of making substantial profits. The institutions mentioned above have annually and consistently make high profits from trading in the Foreign Exchange market.
The forex market has 7 major currencies and always trade in pairs and usually against the US dollar. There are 7 major currencies which are; EURO (EUR), The British Pound (CGP), Swiss Franc (CHF), Japanese yen (JPY) Australian Dollar (AUS), New Zealnad Dollar (NZD) and the Canadian dollar (CAD). You can enter these pairs into a currency calculator. These currencies have the greatest popularity in world's commerce transactions, the highest activity and are the backbone of the Forex market.
Forex transactions are always traded in forex pairs. Here are some simple FX transaction examples:
EUR/USD last trade 1.5000 - Explanation, One Euro is worth $1.50 to one US dollar.
The first currency (in this example, the EURO) is referred to as the base currency and the second (/USD) as the counter or quote currency.
Now lets say you had $1000 US dollars and you bought Euros when the exchange rate was 1.50 Euros to the dollar. You would then have 1500 Euros. If the value of Euros against the US dollar increased, then you would exchange or sell your Euros for dollars and have more dollars than you started with. http://www.forex-money-exchange.com
With the current economic conditions, a lot of people are looking for alternative ways to make money. If you are reading this article you probably thought about trading on the foreign exchange market. The commonly used, acronyms for the foreign exchange market is FOREX or FX.
The simplest foreign currency exchange transaction; is when you travel outside the country in which you live. For example, you go to a bank or currency exchange bureau to convert your "home currency" into the currency in which you are visiting. If a business conducts transaction outside their home currency they must enter into a FX transaction.
The FX trading that everyone is talking about is a relatively new profitable activity. With the internet and FX automated software applications; more and more people are getting involved. Trading on the forex market, allows people to brake free from the corporate world and start working from home. You don't have to give up your day job to be a forex trader. The FOREX market is open 5 days a week and 24 hours a day. The FX has long forex trading hours: 24 hours a day except on weekends. The forex market hours are 22:00 Coordinated Universal Time UTC on Sunday until 22:00 UTC Friday. This is a great benefit for the FX trader. You can make your trades after, before or inbetween your daily obligations.
For many years, Forex trading was solely for major banks, large financial institutions and countries central banks; for example the U.S. Federal Reserve Bank. The Internet has opened up forex trading to everyone willing to learn how to trade on the forex market. There are many techniques in forex trading, all with the intention of making substantial profits. The institutions mentioned above have annually and consistently make high profits from trading in the Foreign Exchange market.
The forex market has 7 major currencies and always trade in pairs and usually against the US dollar. There are 7 major currencies which are; EURO (EUR), The British Pound (CGP), Swiss Franc (CHF), Japanese yen (JPY) Australian Dollar (AUS), New Zealnad Dollar (NZD) and the Canadian dollar (CAD). You can enter these pairs into a currency calculator. These currencies have the greatest popularity in world's commerce transactions, the highest activity and are the backbone of the Forex market.
Forex transactions are always traded in forex pairs. Here are some simple FX transaction examples:
EUR/USD last trade 1.5000 - Explanation, One Euro is worth $1.50 to one US dollar.
The first currency (in this example, the EURO) is referred to as the base currency and the second (/USD) as the counter or quote currency.
Now lets say you had $1000 US dollars and you bought Euros when the exchange rate was 1.50 Euros to the dollar. You would then have 1500 Euros. If the value of Euros against the US dollar increased, then you would exchange or sell your Euros for dollars and have more dollars than you started with. http://www.forex-money-exchange.com
สมัครสมาชิก:
บทความ (Atom)