ECONOMIC FACTORS THAT AFFECT FOREX MARKET.

Forex is a real world market, with buyers and sellers from all corners of the globe sharing trillions of dollars daily.1 The fact that foreign exchange has become a global activity means that economic events everywhere play a greater role in forex than before. Traders may not have to stick …

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VOCABULARY USED IN FOREX (FOREX LANGUAGE)

Vocabulary / LANGUAGE IN FOREX Usually in every field or industry there is need to have vocabulary or lanterns that are posted there to facilitate communication. For example in the driver field then there is a sign language that helps drivers communicate when they are on the road, the court …

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HOW TO TRADE

Having seen it the identity of things about FOREX  we now enter into, HOW CAN I TRADE? First and foremost before anything performed less must we ANALYSIS (ANALYSIS) to get pictures or images of what happens to the pair badae relevant, what it calls BUY or Sell? So itakayotoa response …

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KEY THINGS TO CONSIDER WHEN CHOOSING A BROKER

WHAT ARE THE POINTS TO CONSIDER WHEN YOU CHOOSE A BROKER. 1. Spread 2. Commision and fees 3. Ease of use of trading platform at your bottom. 4. Minimum amount you can deposit 5. Any additional costs if any 6. Control over various events as they occur against your position …

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INTRODUCTION TO FOREX

INTRODUCTION TO FOREX What is forex? Forex is the fastest-growing foreign exchange trading business in the world. it is estimated to have circulated in excess of (US $ 5 trillion). The traders on this market are great banks, great traders, great institutions, hedge fund and ordinary people like you and …

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What Is A Pip?

The pip, short of a point in percent, represents a small measure of change in the currency pair in the forex market. It can be measured in terms of quotations or in terms of base currency. Pipeline is a standardized component and is the smallest number of coins to change. …

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America Will Remain Global Currency

The US dollar there is no immediate danger of losing the reserve currency status. Some financial analysts are constantly predicting the disappearance of the US dollar as the main reserve currency in the world. Critics point to China’s attempt to push its yuan to keep the currency in check. They …

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Forex Market: Who Calculates Money and Why

The foreign market or the forex market is the largest financial market in the world – even bigger than the stock market, with a daily rate of $ 5.1 trillion, versus $ 84 billion in global equity, according to the 2016 FX Bank Survey and OTC derivatives markets. A digital …

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What are the Leaving / Ranking Rules in Forex?

The large amount of profits available in the forex market can give investors the potential to make huge profits, but also to suffer huge losses. For this reason, investors should use a good trading strategy that includes orders to suspend and limit managing their positions. The stop and limit orders …

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Best Times For Forex Trading

Many first forex traders hit the race market. Looking at the various economic calendars and doing business with every single data release, they see the 24-hour-a-day exchange, five days a week as an easy way to do business all day. Not only can this strategy eliminate the merchant’s savings quickly, …

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