Tuesday, 22 October 2013

Forex, what is it?

Forex (Forex) compound word from the initials of the term (Foreign Exchange) market, which means where the global currency exchange . This market depends on government policy , speculators , central banks, banking companies , investors and other financial institutions. According to estimates , the daily turnover in the forex market is $ 4 trillion a day , making the forex market 's largest trading market in the world. Featuring the forex market that is open for trading 5 days a week, 24 hours a day , which provides high flexibility in times of trading which is not tied to or limited by a specific time zone It combines 3 swear trading different is part European , Asian and American . Forex market is a market -based on the movement of currency pairs and profit potential available in the rise and fall .
In the past, limited the possibilities available to the trader in the forex market to go to commercial banking institutions that deal trading currency for investment purposes or deliberative . But in the year 1971 saw the currency trading phenomenal rise in the wake of the dissemination of the main countries of their currencies , and considered by many to move the start of the forex market today .
Nowadays , in addition to importers and exporters who deal in forex , there is a broad spectrum of participants in the market activity, including hedge funds , traders , portfolio managers , retail traders . Each class of the two motives to participate in the Forex market. These motives range from simply paying the price of goods , through the services of hedge risk , even purely speculative .
Overall , behooves Bmtdaol Forex retail be assisted by the market maker or an intermediary for Forex . Rolling chooses the currency pair that wants to trading , according to him concludes inspired by his research and analysis. The role of forex broker in the ever confined to execute trading orders without interference and to give advice . In our time , many of the brokers offer daily tips and recommendations , and even research and analysis.
To make money in Forex , rolling can buy the currency at a particular price in order to sell them later at a higher price (ie, the so - called long position) thus achieving a profit equal to the difference between the price you pay for the currency pair and the price received from the sale of the pair . The second way to make money is in the so - called short position, any sale of a currency pair according to the current market price hoping to buy it again later at a cheaper price . These processes Tmanha the forex market excitement intense , everyone can reap the profit from the market , regardless of whether in the case of the rise or fall . As far as rolling was able to predict the direction that when the market is going , he can prepare himself to take advantage of market trends.

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