Posted by Batool on September 4, 2011 ·
It is very important for forex traders to understand and learn the forex jargon. Especially new traders can find it difficult to work in trading without having sufficient knowledge of typical forex lingo. There are various terms which are most commonly used in forex trading, so make sure you know all of these terms.
Posted by Batool on June 24, 2011 ·
The mini lots are the masters at providing flexibility to its trader, they are also useful in a far stop loss. In simpler words, when the trader feels comfortable in taking a huge risk and the natural stop loss is very very far away, these mini lots are the best useful agents in such scenarios.
Posted by Batool on June 7, 2011 ·
The forex market requires a completely new way of thinking. The market is thus completely different from its counterpart, the equity market, and has numerous profit making opportunities for the traders. The market can display strong trends and high levels of available leverage making the currency market an irresistible arena for the trader.
Posted by Batool on May 19, 2011 ·
Through forex position trading, a trader can earn high profits. The trader buys a currency at a certain price and later sell it at high price. That is why it is also termed as “buy low,sell high”.
Posted by Batool on March 31, 2011 ·
Foreign Exchange trading means to trade different currencies for the sake of earning profit. Foreign Exchange trading is the largest markets that also offer maximum liquidity to the investors. In this regard the concept of currency pair is also very important; it means that at the same time you selling one currency and buying other. The dominant currencies in this business are USD, GBP, CAD, CHF, AUD, EUR and JPY.
Posted by Batool on May 5, 2010 ·
Forex is the world largest financial market. Can you imagine its daily turnover rate is US$1.9 trillion and that is a great amount of money? Who will not like to get in to Forex market?
Posted by R. MAK. on August 5, 2009 ·
A quotation of exchange system is given by stating the number of units of “term currency” (that is also known as “price currency” or “quote currency”) that can be bought in terms of …
Posted by R. MAK. on August 3, 2009 ·
A quotation of two different currencies is depicted by a currency pair. The first currency that is present in the pair is referred to as the base currency also called transaction currency. Whereas the second currency in the pair is know as quote currency also referred to as payment currency and counter currency. By such a quotation it is depicted that how many units of the counter currency are required to…
Posted by R. MAK. on August 1, 2009 ·
In foreign exchange markets, the first currency in a currency pair is the base currency. Whereas the second currency is referred to as the quote currency which is also called as counter currency, terms currency. Exchange rates are quoted in per unit of the base currency. The thing that should be noted is that FX [...]
Posted by R. MAK. on July 31, 2009 ·
For the majority of FX trades there is no unified or centrally cleared market , and there is very little cross-border regulation. As the currency market is having the over-the-counter (OTC) nature, there are rather a number of interconnected marketplaces, where the trading of different currencies instruments take place. This shows that rather than having…
