Jumat, 02 September 2016

About Forex What is FOREX? The foreign exchange market, also referred to as the "FOREX" or "Forex" or "forex" or "Retail FX" or "Spot FX" or simply called "the Spot" was the 1997 financial market in the world, with a volume of about $ 2 trillion per day. If you compare that with the $ 25 billion a day volume traded New York Stock Exchange, you can easily see how the magnitude of Foreign Exchange. That number is actually equal to more than three times the total number of shares and upcoming markets combined! Forex rocked! What is traded on a Foreign Exchange? The simple answer is money. Trading Forex is the simultaneous purchase of one currency and selling another currency. Currencies
are traded through a broker or dealer, and traded in pairs; for example, the Euro Dollar with the US dollar (EUR/USD) or pound sterling United Kingdom with Japan Yen (GBP/JPY).
belajar trading forex
Belajar trading forex
Since you are physically not buying anything, this kind of trade can be confusing. Imagine buying a currency such as the purchase of shares in certain countries. When you buy, for example, the Japanese Yen, buying that you actually are buying stakes in Japan's economy, because the currency price is a direct reflection of what the markets think about currencies and the future prosperity of Japan's economy. In General, the exchange rate of a currency versus other currencies is a reflection of the condition of the economy of these countries, in comparison with economy of other countries. Unlike other financial markets some sort of New York Stock Exchange, spot Forex market has no physical location or a central Exchange. The Forex market is considered as a market of Over-the-Counter (OTC) or "Interbank", due to the fact that the overall market is run electronically, in a network of banks, continuously for a period of 24 hours. Until the end of the 1990s, only "great ones" who are able to play this game. At first, the terms so that you can trade is only if you have ten to fifty million dollars to start the activities! Forex was originally intended for use by the bankers and big institutions – and not used by us "little people". However, since the development of the internet, Forex trading firms are now able to offer a trading account to the traders ' retail ' like us.

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You need to get started is simply a set of computer, a high-speed internet connection, and information filled in these sites. BabyPips.com was created to introduce the important aspects of a new trader or a beginner about foreign exchange, in a way that is fun and easy to understand. What is the Spot market? The spot market is anything related to market price of the currency of the financial instrument. Which currencies are traded? The most popular currency along with the symbols shown below: Symbol Country Currency The term USD United States Dollar Buck EUR Members Of The European Euro Fiber JPY Japanese Yen Yen GBP The United Kingdom Pound Cable CHF Switzerland Franc Swissy CAD Canada Dollar Loonie AUD Australia Dollar Aussie NZD New Zealand Dollar Kiwi Symbols Forex currencies are always three letters, the first two letters identify the name of the country and the third letter identifies the name of the currency of the country. When The Currency Can Be Traded? The spot FX market is indeed unique in the world market. The market is like a Super Wal-Mart when the market is open 24 hours per day. At any time, anywhere in the world, the central financial open for business, and banks as well as the institutions of the other currency exchanges per hour during the night with just a little time remained vacant in General at the weekend. Foreign currency exchange market follows the Sun around the the world, so you can trade the night away (if you're a vampire) or in the morning (if you're a bird early foraging). Remember, the early bird foraging doesn't mean for sure getting a ' worm ' in this market – you may get the worm, but a more cruel bird of prey could grab and eat you too. ... The Time Zone New York GMT Tokyo Open 7:00 pm 12:00 am Tokyo Closed 4:00 pm 9:00 am London Open 3:00 pm 8:00 am London Close 12:00 pm 5:00 pm New York Open 8:00 am 1:00 pm New York Cap 5:00 pm 10:00 pm The Forex Market (OTC) OTC Forex market as long as it is considered the largest market and most popular financial market in the world, traded globally by so many individuals and organizations. In the OTC market, the participants that determine who they want to trade depends on the conditions of trade, interest rates and the reputation of trading partners