The foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world. Some of the participants in this market are simply seeking to exchange a foreign currency for their own,like....
Actually the existence of forex trading has long been available since the discovery of techniques to convert a country's currency into another country's currency. However, the new institutionally there after an arbitration body set up futures contracts (futures). An example is the IMM...
Make the trend as your sidekick (Trend Follower). Do not fight the market trend (though not including mandatory rules). If prices are rising, you can install Buy position and vice versa if the price is down then you can install Sell position. Most people often take the opposite (counter trend) and often wrong - though there is also often true...
is an investment that trade one currency with another currency. Is an abbreviation of Foreign Exhange or exchange foreign currency. If the transactions in the money changer or bank for the sale and purchase between the U.S. Dollar to Rupiah, so-called Forex transactions 'Spot' (buying and selling occurs in place - the handover takes place)...
Here there are some terms Forex you need to know before entering the forex trading world ;Forex
is an investment that trade one currency with another currency. Is an abbreviation of Foreign Exhange or exchange foreign currency. If the transactions in the money changer or bank for the sale and purchase between the U.S. Dollar to Rupiah, so-called Forex transactions 'Spot' (buying and selling occurs in place - the handover takes place.) Forex transactions are non-Spot is buying or selling currency contracts, so it is not immediately handing...
