Example of a Forex Trading and calculation
For example, the current bid-ask price for EUR/USD is 1.5775/1.5781 meaning you can buy 1 Euro for 1.5781 dollars. Suppose you see the trend of Euro growing against dollar and feel Euro is undervalued. To execute this strategy you would ...
What is Forex? How does it work? -Forex A to Z-
What is FOREX? FOREX (FOReign EXchange Market) is an international foreign exchange market, where money is sold and bought freely. In its present condition, FOREX was launched in the 1970s, when free exchange rates were introduced. Only ...
How to become a Successful FX Trader?
There may be many things to do to become one successful trader in Forex Market. Here are some tips for you. Use a Stop Loss Prior to entering into any trade, make a decision on the maximum amount you are willing to lose on this particul...
Advantages of Forex Trading ②
FOREX - Leverage One of the main advantages to trading in the foreign exchange market is leverage. Leverage is the ability to trade in amounts that are higher than your total deposit held. For instance you may have a deposit of $5,000 an...
Introduction to Forex ⑦ -Order Types-
Orders: Stops and Limits In the Forex market traders are able to enter a trade at the current spot rate (also known as a market order where you Sell at the Bid or Buy at the Ask), or alternatively at a future rate – these are known as Or...
Introduction to Forex ② -Market-
Shorting When trading in most financial markets, one normally has the ability to go in one direction "buy" or "up", the only other option available is to be out of the market. For instance say you were looking at a particular share that...
