Forex-fans.blogspot Course in the Forex for beginners


The first lesson




Barter and sale:




What is the stock exchange:
The stock market is a market for a particular commodity. Gathered by traders to deal with a commodity. There are exchanges multiple example, there is stock exchange in each country is dealing traders in this market buying and selling shares of companies listed on the stock exchange and there is stock of wheat is traded traders buying and selling the wheat and there are a bourse for oil is the buying and selling of oil are there exchange of metals such as gold, silver, and there Stock-exchange, a so-called Forex is our subject here and where is the circulation of currency to sell a particular currency against another currency.


Stocks and bonds




What is Forex FOREX:
Forex word Ingelezip shortcut to FOReign EXchange or dealing with foreign exchange. It is a commercial operation is done by buying and selling foreign currencies and profit through the change in the price of buying and selling of each currency against another. This market is very large are day trading trillions of dollars. In this market was changing exchange rates, minor changes can be lost on the way if the circulation of large quantities of money turning these differences to the gains or huge losses.

Forex market is from other other exchanges that there is no physical location or a central exchange is open and is traded 24 hours a day all over the world through electronic networks through which buying and selling operations.
Participants in the Forex market (Aktar details and examples):
Move the currency market (Forex) many traders it. There are distinct entities conducting the sale and purchase of currencies in this market. The most important actors involved in the market are:


1 - global banks: These are the main player in this market. These banks to buy and sell currencies billions daily, which affects mainly on the Forex market, this bank is the main driver of price movement of currencies and these banks carry out transactions among themselves or with Albrookrz or with traders through the instrumentalities of the market.


2 - central banks: each country around the world there is a central bank is responsible for the country's currency, control and influence them if necessary. Often be treated as central banks in the Forex market to influence the price rise or fall depending on the country's interests and be commissioned by the governments of those countries, of course.


3 - Investment Funds: These are major companies for investment, insurance, enter the Forex market, according to their interest.


4 - Currency traders: they are companies that currency conversion and enter the Forex market to reconcile their customers to find applications of currencies.


5 - Persons independent: They are our falls under this category independent traders entering the market, either to obtain foreign currencies for a purpose such as travel or savings or for trading.


Advantages of the Forex market from the other:
The market is trading foreign currencies from other financial markets in several features such as:


1 - working 24 hours a day: in all exchanges are handled in times of a specific action if you are trading stocks, companies in the New York Stock Exchange for example, must that you Bamlt during the day the stock market and after closing can not handle until the following day but due to the absence of a central exchange control in the currency market, the work in this market is open 24 hours where to start the Sydney Futures Exchange (Australia) to work, followed by Tokyo (Japan), and the New York Stock Exchange (America), and the London Stock Exchange (England), and so the stores in the Forex market can trade on 24 hours and can complete the operations at any time of day, except on Friday and Saturday is the holiday for the market.


2 - high liquidity High Liquidity: When you want to buy a commodity, it must be there and want to sell them when you want to sell a commodity, it would have to buy from you. Shops in shares when he wants to sell shares must be no one else wants to buy them at the same time, but when there is bad news for a company has eclipsed all for procurement and so, if you contributed to the company will not be able to sell at that time was less than the price and lose the very much, but in currency market, owing to the exchange of currencies every day billions of dollars in various places all over the world, it at any time if you want to buy any currency you will find the prayer you and if you want to sell the currency you will find definitely buy from you, giving you a full opportunity to achieve the causative you want.


3 - Transparency Transparency: signed in the stock, for example, can affect Orteurarat company to change the price or there could be in secret operations affect the reputation of the company or its share price. However, given the magnitude of the exchange market it is very difficult to be controlled by a specific destination in the market or be driven as you want. Can not affect the market only economic decisions of major countries and only limited effects as well.


4 - Trafficking in all market conditions: in the stock market you should buy a particular share price increase when your prospect to gain But if the price drop is not to have an opportunity to gain from falling unless you own the stock already. As in the currency market, you can earn in the case of increasing exchange rate or Nfs price you can trade and profit in all cases.


5 - flying high: Allows you to the currency market is an important feature not found in all other markets, a crane or trading margin, which means the possibility of trading several times greater than your capital, allowing you to achieve high profits (or losses high) Some companies offer you the possibility of trading up 500 times from the head of the owner if the owner's head was a thousand dollars for example, you can trade the amount of 500,000 dollars, which allows you to very high liquidity to achieve high profits in less time. But in the end, the crane double-edged sword As lets you make high profits, the poor use will cause losses are also high.


6 - Lack of minimum trading: in most other markets need for a large sum to establish a financial portfolio and trading while in the Forex market, it needs to capital is too small to start arrived in some companies with accounts Micro to 1 million just to open an account and trading!!


7 - Working through the Internet:


8 - the pilot accounts:


Currencies in the Forex market:
This naming of major currencies in the Forex market, according to the ISO standard the world:


















The previous names are the official names for each currency, but the toddler in the market, naming each currency on behalf of the famous example called the U.S. dollar and the pound sterling buck called the cable and the Swiss franc and the dollar is called swissy called aussie Australian and New Zealand dollar is called kiwi.


Unlike its predecessor currencies there are some companies allow you to trading in other currencies ... But it is not common. USD U.S. Dollar EUR European Euro GBP British Pound CHF Swiss Franc NZD New Zealand dollar AUD Australian dollar JPY Japanese yen


Currency pairs:


He then explained the sale and purchase


Alfoix the market is dealing with the currency
pair of currencies and not as a single currency. Mean, for example EUR / USD or USD / JPY is concerned with trading currencies mentioned together by the current price Exchange Rate. And the price is the quantity that can be purchased from a particular currency by pushing the other currency in return. I mean, if we take the currency pair USD / JPY This ratio is either "How many dollars can be purchased if you have 1 yen" or "How many yen can buy if you have one dollar."



At the mention of a currency pair, it symbolizes the first currency in which the base currency and second currency, counter currency or interview. For example, the currency pair EUR / USD in which Euro is the base currency and the U.S. dollar is the counter currency.


At the mention of the conversion rate was 1.6030, for example, it means how much you should pay from the second currency so as to purchase the first currency. Means in our previous example in order to buy 1 EUR you pay 1.6030 dollars.




Order currency pairs is steady and varies from one company to another or from one bank to another or from one broker to another is universally agreed. Means the currency pair USD / CHF should be written always so do not write never versa CHF / USD, therefore, be fixed conversion rate, a currency exchange rate the first or second in this example, how much will be paid from Swiss francs to get one U.S. dollars. The following are the major currency pairs in the proper order:


Add Categories for couples




GBP / USD
USD / CHF
USD / JPY
USD / CAD
NZD / USD
AUD / USD


Dealing in the Forex market as we are by currency pairs and therefore you can be regarded as the currency pair that a particular good example EUR / USD can be viewed as a commodity (sandwich ... car ... house ... or anything) and dealt with the sale or purchase. And effectively the process of selling the currency pair means you sell the base currency (the first in the pair) and buy the counter currency (second in the pair) (or buy the second currency and paid for currency, first) and when you buy a currency pair, it means you buy one currency and sell the second currency (or The first currency bought and paid for the second currency)


And you are a trader will buy or sell this currency pair depending on future expectations of the market. If you expect the currency pair price rise (the first currency price will rise against the second) you would buy it now and it is cheap so as to increase the price, you ... Whereupon after the sale to increase its price and thus realizing a profit.


And vice versa if you expect the currency pair will reduce the price (the first currency will reduce the price for the second) you would sell now for the husband and therefore there is less price to buy it back again at a cheaper price and thus realizing a gain.


Let us take several examples to explain more.


Let's talk about the currency pair EUR / USD ... In this currency pair the base currency is the euro and the counter currency is the dollar. I mean, if we Hnabie currency pair remains de euros and going to work? Smoke dollars in return, even if we say Hnstry husband remains Benstry de euros and Bandf price in dollars. If we expected the price of the dollar or the euro Aketf Hinkhvd remains we are Hnabie pair de Now you and this mean that we are Hnabie euros smoke dollars. After a moment we Hnrdja the contrary after the price has increased not change the dollar and thus Hnakhadd dollars more than you Dfnaha and thus achieve a gain.


Let's talk about the currency pair USD / CHF ... In this currency pair the base currency is the dollar and the counter currency, the franc. I mean, if we Hnabie currency pair remains de smoke is going to work? Dollars and francs, in return, even if we say Hnstry husband remains de Benstry Bandf dollars and francs for it. If we expected the price of the dollar or franc Aketf Hinkhvd remains we are Hnstry pair de Now you and this means we Hnabie francs and smoke dollars. After a moment we Hnrdja the contrary after the price has increased not change the dollar and thus Hnakhadd dollars more than you Dfnaha and thus achieve a gain. EUR / USD

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