Forex Time Machine | Learn to trade the forex time efficiently…

Forex trading is done through major banks, market makers and brokerage RIDING HOURSES around the world, which together create a market of currency exchange on a virtual 24 / 7.

The Forex market is always “open” is the 7-Eleven’s business world and the largest financial network in the world with average daily shares traded for a total of dolaars trillion.

It is also a growing market as more operators to choose the trading of foreign currencies and away from stocks.

At its simplest, Forex trading involves two currencies exchanged similtaneously called “pair”. Fore example, the EUR / USD, trading of the euro against the U.S. dollar. Selling In this example, a buyer of this couple would purchase Euro and “the U.S. dollar. Continue Reading →

Here’s a typical scenario of trade:

Suppose that the current offer / request a quote for the EUR / USD 1.3802/05 and you want to have a long (or buying) because you think the euro will have on the dollar.

We’ll also assume that you are only purchasing 1 standard lot.

When you buy a pair, you are actually buying 100,000 Euros to U.S. $ 138,050 dollars. Using 100:1 leverage, you should have an initial margin deposit of $ 1381 for this activity to be undertaken.

Suppose then that the euro made gains in the dollar and trades 1.3865/68 hours and you decide to sell and make profits. You may sell 1 lot standard with a profit of 60 pips (1,3865-1,3805). Continue Reading →