It may be a further discussion of my previous Post on What is Forex. Then
I will share a little knowledge about the basis of Forex itself.
BASIC FOREX
Forex? ...
Before we do business Forex Online we have to know first what is Forex. If you do not get from simply opening Post earlier Forex What is Forex
BASIC FOREX
Forex? ...
Before we do business Forex Online we have to know first what is Forex. If you do not get from simply opening Post earlier Forex What is Forex
Forex
is the abbreviation of Foreign Exchange, the foreign exchange trading or what
we are familiar with the term Foreign Exchange, in all the countries have
different currencies and traded it to each other every day.
In our forex trading currency pairs one State to another State, for example EUR / USD pair is the European Euro to U.S. Dollar, in this case for example, we buy euros by using the dollar.
Currency traded on Forex are:
• EUR: Euro (European Union currency)
• GBP: British Pound (British currency)
• AUD: Australian Dollar (Australian currency)
• CHF: Swiss Franc (Swiss currency)
• JYP: Yen (Japanese currency)
• USD: U.S. Dollar (USD Currency)
The currency traded in pairs, there are three kinds of currency pairs are:
• EUR / USD, GBP / USD is commonly called Direct (Other Countries / U.S. Dollar)
• USD / JYP, USD / CHF commonly called Indirect (U.S. Dollar / Other Countries)
• GBP / JPY, EUR / CHF commonly called Cross Rate (Other Countries / Other Countries)
It is the same principle that is buying one currency and selling the currency partner.
Leverage and Margin
Leverage can we assume as collateral to borrow money, guarantee this is what we call margin, there is some kind of leverage.
1:1 collateral equal to 100% contract value
1:50 bail amounting to 2% of the contract value
1:100 bail amounting to 1% of the contract value
1:200 bail contract value of 0.5 URI
1:400 bail amounting to 0.25% of the contract value
1:500 bail amounting to 0.20% of the contract value
Why Should Forex?
Perhaps we wonder why we play forex, but much like the more interesting such as options, stocks, Funds and Commodities.
I prefer Forex as many advantages. Online Forex is one of the business opportunities which is followed by so many people around the world, because forex is a business that has a turnover of the largest and last for 24 hours.
Time to get to know the business, the benefits of forex include:
Affordable Capital
Unlike the other Treading business Forex Capital only with $ 5 only we could join,
2 Way Opportunity
Here are delicious from forex, we can 2-way transaction and Sell Buy or long or short.
24 Hours (Monday Morning Until Saturday Morning)
Whenever we want Treading can because it runs 24 hours but by appointment each week with Saturday off.
Tax-free
Free from taxes but if you want to be a good citizen and was not hurt us to donate our profits to taxes, we successfully developed countries
Controlled Risk
Forex Trading Online Giving us the opportunity to manage the risks that can be held in accordance with the capital and our character.
Replacing Income, Salaries in the office ..
Forex also offers a lucrative opportunity to earn money of 1 million Euro / day is not difficult, even very easy if we understand specific strategies and sciences are discussed in G12atisan.blogspot.com
Reading Price
Before we do business with Forex, we are touched to know how to read the price, this is very important because to do Technical Analysis we need price data that is used to finding out where the next price.
Price Bid: This is the price at which a broker (the trader) want to buy our currency
Offer Price: This is the price at which a broker (the trader) want to sell the currency to us
Price High: This is the highest price ever achieved in a single trade
Price Low: This is the lowest price ever achieved in a single trade
Open Price: This is the starting price in the open market at the time.
Close Price: This is the last price when the market is closed
In our forex trading currency pairs one State to another State, for example EUR / USD pair is the European Euro to U.S. Dollar, in this case for example, we buy euros by using the dollar.
Currency traded on Forex are:
• EUR: Euro (European Union currency)
• GBP: British Pound (British currency)
• AUD: Australian Dollar (Australian currency)
• CHF: Swiss Franc (Swiss currency)
• JYP: Yen (Japanese currency)
• USD: U.S. Dollar (USD Currency)
The currency traded in pairs, there are three kinds of currency pairs are:
• EUR / USD, GBP / USD is commonly called Direct (Other Countries / U.S. Dollar)
• USD / JYP, USD / CHF commonly called Indirect (U.S. Dollar / Other Countries)
• GBP / JPY, EUR / CHF commonly called Cross Rate (Other Countries / Other Countries)
It is the same principle that is buying one currency and selling the currency partner.
Leverage and Margin
Leverage can we assume as collateral to borrow money, guarantee this is what we call margin, there is some kind of leverage.
1:1 collateral equal to 100% contract value
1:50 bail amounting to 2% of the contract value
1:100 bail amounting to 1% of the contract value
1:200 bail contract value of 0.5 URI
1:400 bail amounting to 0.25% of the contract value
1:500 bail amounting to 0.20% of the contract value
Why Should Forex?
Perhaps we wonder why we play forex, but much like the more interesting such as options, stocks, Funds and Commodities.
I prefer Forex as many advantages. Online Forex is one of the business opportunities which is followed by so many people around the world, because forex is a business that has a turnover of the largest and last for 24 hours.
Time to get to know the business, the benefits of forex include:
Affordable Capital
Unlike the other Treading business Forex Capital only with $ 5 only we could join,
2 Way Opportunity
Here are delicious from forex, we can 2-way transaction and Sell Buy or long or short.
24 Hours (Monday Morning Until Saturday Morning)
Whenever we want Treading can because it runs 24 hours but by appointment each week with Saturday off.
Tax-free
Free from taxes but if you want to be a good citizen and was not hurt us to donate our profits to taxes, we successfully developed countries
Controlled Risk
Forex Trading Online Giving us the opportunity to manage the risks that can be held in accordance with the capital and our character.
Replacing Income, Salaries in the office ..
Forex also offers a lucrative opportunity to earn money of 1 million Euro / day is not difficult, even very easy if we understand specific strategies and sciences are discussed in G12atisan.blogspot.com
Reading Price
Before we do business with Forex, we are touched to know how to read the price, this is very important because to do Technical Analysis we need price data that is used to finding out where the next price.
Price Bid: This is the price at which a broker (the trader) want to buy our currency
Offer Price: This is the price at which a broker (the trader) want to sell the currency to us
Price High: This is the highest price ever achieved in a single trade
Price Low: This is the lowest price ever achieved in a single trade
Open Price: This is the starting price in the open market at the time.
Close Price: This is the last price when the market is closed
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