OPEN A FOREX TRADING ACCOUNT
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The Forex market is one of the largest and most profitable markets in the world and it is in a continuous expansion. Even though there is a certain degree of risk involved, profit margins are relatively very high. Forex trading, does not require physical purchase of a currency, they involve a contract for a certain amount and an exchange rate of a currency pair. Example: If you have 500 euros, you can buy a forex contract for 50,000 euros. This phenomenon is called "leveraging" on a scale of 1:100. The investor risks only 500 euros, while the exchange earnings may be much higher. Companies involved in Forex trading need a guarantee to ensure that the investor can pay in the event of a loss...
The currency market is a system through which one buys and sells currency. Currency market is the largest and most profitable market in the world, accessible by all those who want to trade through online brokers. Regardless the economy and the crisis, the Forex market is not affected. It is open 24 hours / day from Monday to Friday...
The Technical Analysis is an important short term analysis tool of the evolution on the Forex Market. The technical analysis helps the investors to take the best investment decisions, the entry and exit time of a transaction. Through technical analysis the movement of the exchange prices are predicted based on previous evolution. The most used technical indicators are: - The price movement trend- shows the direction in which the prices evolves :increases,decreases or stays - Power indicators: the volume - Support,resistance : the trend line - Momentum indicators – shows the speed of the prices movement : Stochastic, MACD, RSI - Cyclical indicators : Elliott Wave...
Forex avantages
1. Forex Market is open 24/7 2.Great potential of making a profit 3.Low cost trading 4. The trade value may be at a level of 100 or 200 times the capital invested 5. Forex trading are executed immediately, which means that the price shown and payed is the same 6. High liquidity 7. Services offered to investors are at the highest level possible 8. Advanced trading platforms...




