WHAT IS A FOREX


What is a Forex? That was my first question when the time heard the word is ^ _ ^ after looking at the new Internet I understand the word. Understandably when the time I was very new. So can I interpret as exchange between one currency to another currency either consciously or unconsciously, and often performed by all people in the world. Here's a common example: When you want to travel abroad automatically we will exchange our currency to the currency of the country concerned, this is only on a small scale while the Forex is the exchange of money in the world together within 1x24 hour.

How can we profit from Forex
trade exchange of by utilizing the the difference between the purchase price with the selling price which fluctuate every minute of it so we can benefit from the each exchange of that we do. 

What's the Difference Traditional Forex Markets with Forex Market Modern (Online)
If we talk about traditional Forex market then the currency level is 1:1, it means to trade worth $ 100 you will need the $ 100, so for we Traditional Forex market requires substantial capital in the Modern Market while the using the level or margin trading, trading was with online media so much easier and safer ^ _ ^ Level in Modern Forex Market like for example 1:100, or means to trade $ 100 of capital it needs to be used only 1:100 alone or with other words that we need just $ 1 only. And $ 1 is called a margin (deposit for quantity purchases $ 100)

How could $ 1 can to purchase $ 100??
Because it actually can be a broker who issued the $ 100 amount of money for you, so you just need to spend money (deposit accounts) to bear the costs and benefits of the transaction was $ 100. So $ 1 is a $ 100 bail, and the rest of other accounts as the agency losses and gains from the transaction. Because modern forex trading system is more attractive to people than traditional

must be careful, because the level or leverage can be a double-edged sword. Examples are:

Well if you play with $ 1 = $ 100, the same as the $ 1 is 0.1 lot, if your money was $ 10 that you play, every increase 20pips means you will get $ 20 extra, but you do not forget any reduction 20pips you mean is a loss minus $ 20, now for $ 10 before your capital, means brokers will make a margin call because your money is not enough! Alias ​​your money forfeited because the capital is up just because of the decline was!

What currency the most attractive people in the trade?
Well, most people trade currencies in the world (G7 countries, and advanced), reason itself because the currency is relatively stable, and their movements are not too sharp, and again the currency of these countries who will influence the movement of the world economy

* EUR / USD: Euro / U.S. Dollar referred to euro
* USD / JPY: U.S. Dollar / Japanese Yen is often called Dollar Yen;
* GBP / USD: British Pound / U.S. Dollar called Cable;
* USD / CHF: U.S. Dollar / Swiss Franc is often called Dollar Swiss, or Swissy;
* USD / CAD: U.S. Dollar / Canadian Dollar is often called Dollar Canada, or C-Dollar;
* AUD / USD: Australian Dollar / U.S. Dollar referred to Aussie Dollar;
* EUR / USD: Euro / British Pound Sterling referred to Euro;
* EUR / USD: Euro / Japanese Yen Euro Yen referred to;
* EUR / USD: Euro / Swiss Franc Euro Swiss referred to;
* GBP / USD: British Pound / Swiss Franc referred to Sterling Switzerland;
* GBP / USD: British Pound / Japanese Yen referred to Sterling Yen;
* USD / JPY: Swiss Franc / Japanese Yen Swiss referred to Yen;
* NZD / USD New Zealand Dollar / U.S. Dollar New Zealand Dollar referred to or Kiwi;

This information can I give hopefully useful.


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