In this video you’ll learn the basic concepts involved in a forex transaction. What actually happens when you buy or sell a currency pair? Why do rates increase or decrease? How can you trade forex? Watch this video to find out. Forex transactions involve two currencies — one currency is purchased while the other is sold. Consider the euro dollar currency pair. If you bought this pair, you would be buying Euros and selling dollars. If you sold this pair, you would be selling euros and buying dollars. As more traders buy the EUR/USD pair, the value of the euro strengthens relative to the dollar and the exchange rate increases. Likewise, when more traders sell the EUR/USD, the value of the euro weakens relative to the dollar and the exchange rate decreases. Traders attempt to predict future exchange rate movements, in order to profit as the exchange rate moves in their favor. Let’s look at an example. At this time, the EUR/USD currency pair is trading at 1.4088. If a trader anticipates that the exchange rate will increase, they can buy the euro dollar pair. If the rate increases, the trader can close his pair by selling back the euro dollar pair at a higher price, making a profit. In this case, a profit of three pips. (PAUSE) However, if the trader had bought the pair at 1.4088 but closed his trade at a lower price, the trader would make a loss, in this case, a loss of three pips. Let’s look at an example. At this time, the EUR/USD currency pair is trading at 1.4088. If a …
Heard of Forex, FX, Currency Trading or Foreign Exchange? Curious to know what they really are? Each of these terms refers to the buying and selling of foreign currency. Watch FXCM’s “What is Forex” video to get a better understanding of what the forex markets are, how they work, how traders trade in them and what resources FXCM offers. Forex refers to the foreign exchange markets and the buying and selling of currencies. Every day, an average of more than 3 trillion transactions takes place in the forex market. Each of these transactions plays a vital role in establishing a currency pair’s exchange rate. When a traveler visits a new country, or when an international business pays it’s foreign employees they each convert their local currency into foreign currency. Over time these transactions cause a shift in the exchange rate. When money flows into a currency, it strengthens, (PAUSE) and when money flows out of a currency, it weakens. These shifts in value are what gives life to the forex market. Forex traders attempt to predict the direction of an exchange rate just like stock traders try to predict the direction of a company’s stock price. Forex traders buy a currency pair when they think the exchange rate will increase. (PAUSE) And sell a currency pair when they think the currency pair will decrease. And as a global market, they can do this 24 hours a day, 5 days a week. Forex traders attempt to predict the direction of an exchange rate just like stock traders try to …
www.trading-strategies.info A short Foroex video showing when to stay out of the market and wait until trading conditions are more favourable to trade with.
Forexserve’s Satyajit Kanjilal expresses his weekly outlook on currency, interest rates and commodities fluctuations. He covers all the major currencies such as USD, GBP, EUR, JPY, CHF, INR, AUD, NZD and CAD amongst others.
Forexserve’s Satyajit Kanjilal expresses his weekly outlook on currency, interest rates and commodities fluctuations. He covers all the major currencies such as USD, GBP, EUR, JPY, CHF, INR, AUD, NZD and CAD amongst others.
Forexserve’s Satyajit Kanjilal expresses his weekly outlook on currency, interest rates and commodities fluctuations. He covers all the major currencies such as USD, GBP, EUR, JPY, CHF, INR, AUD, NZD and CAD amongst others.
Forexserve’s Satyajit Kanjilal expresses his weekly outlook on currency, interest rates and commodities fluctuations. He covers all the major currencies such as USD, GBP, EUR, JPY, CHF, INR, AUD, NZD and CAD amongst others.
Forexserve’s Satyajit Kanjilal expresses his weekly outlook on currency, interest rates and commodities fluctuations. He covers all the major currencies such as USD, GBP, EUR, JPY, CHF, INR, AUD, NZD and CAD amongst others.
Forexserve’s Satyajit Kanjilal expresses his weekly outlook on currency, interest rates and commodities fluctuations. He covers all the major currencies such as USD, GBP, EUR, JPY, CHF, INR, AUD, NZD and CAD amongst others.
