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Saturday 11 July 2015

How can you profit from forex

That trade in the foreign exchange market is very simple: Mechanisms profit from Forex are very similar to those found in other markets (such as the stock market), so if you have any experience in trading in securities, you'll find that it's no different in the forex market.

The aim of the foreign exchange trading is the exchange of one currency for another in the hope that the price will change, so that the coin that I bought to increase in comparison with the value that you are selling and that is a way to profit from forex whether to buy or sell.

 
 
 
For example:
 
How can you profit from forex
10,000 euros × $ 1.18 = $ 11.800
10,000 euros × $ 1.25 = $ 12.500
The exchange rate is simply the value of the buy or sell one currency against other currencies and achieved a profit of forex through the price differential. For example, the dollar / Swiss franc exchange rate. It refers to the number of dollars that could be francs to purchase, or how many Swiss francs to buy dollars and one US dollars.How to read Forex prices
Currencies are always priced in pairs, such as GBP / USD or USD / JPY. The reason quoted in pairs because in every foreign currency exchange process, you are buying the currency at the same time sells another. Here is an example on the foreign exchange rate of sterling against the US dollar Ganah:
The following figure shows the buying and selling in Forex:



Profit from Forex
The previous figure shows the forms of currency pairs in the forex market. The currency, which is on the left, a pound is the base currency sold or purchased. While other currency is what is going on treatment in return.
Forex Trading is simply the sale or purchase of other currencies in exchange for ownership of the coin, and one of those ways to profit from forex.Long / Short Long / Short
First, you must determine whether you want to buy or sell.
If you want to buy (which actually means buy the base currency and sell the presentation currency), you'll want the base currency to rise in value and then you can re-sell them at a higher price. In an interview with FX, this is what buying "long" called Just remember buying = long
If you want to sell (which actually means sell the base currency and buy Aalmsarh) currency, you want the base currency to fall in value and then you can buy back at a lower price. This is called
"Short sale =". Just remember:
Supply / demand = Bid ​​/ Ask
How can you profit from forex















1 comments:

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