Basic Forex -Forex Trading Transactions

Basic Forex -Forex Trading Transactions
There is a basic concept that must be understood in advance about how to profit when the forex transaction. Trading forex / forex transactions that kind there are 2 of the transaction opening and closing the transaction. When you perform a transaction opener, it was called the OPEN POSITION / OPEN, because you open yourself ...

Basic Forex – Forex Pips and contract size

Basic Forex - Forex Pips and contract size
“In the forex market, the unit of change in the price movement called PIP. For example, the current price of GBPUSD is 1.5600 then if then their prices change so 1.5602 is called the rose as much as 2 pips ” Smallest Currency Unit (point / pip) and Contract Size Point (pip) is the smallest ...

Forex Currency Explanation

Forex Currency Explanation
What is Forex Currency? Forex currency is traded currency in the forex business. Not all currencies are traded every country .Only the currency used for international payments are traded. The following are the major currencies traded in the forex market: Symbol Country Currency USD United States Dollar EUR Euro members Euro JPY Japan Yen GBP ...

Forexstund – Forex Advantages

Forexstund - Forex Advantages
What are the advantages of forex compared to other businesses? Here are some of the advantages of forex trading compared to other businesses: a. Boss for yourself Trading can be done by individuals, it does not require the help of others, you work for yourself, there is no boss that must be adhered to and ...

What you need To Start Forex trading?

What you need To Start Forex trading?
There are some basic trading tools needed to be able to start a Forex business include: 1. Computer / Laptop / Computers are used to display charts of price movements, so we can do the analysis first before making a decision. 2. Internet connection to be able to connect to the server broker, you need ...