레이블이 Forex Brokers in Canada인 게시물을 표시합니다. 모든 게시물 표시
레이블이 Forex Brokers in Canada인 게시물을 표시합니다. 모든 게시물 표시

2013년 11월 23일 토요일

About 'canadian forex'|Metatrader4 Forex Brokers







About 'canadian forex'|Metatrader4 Forex Brokers








The               Foreign               Exchange               Market               is               a               currency               trading               market.

It               is               open               24               hours               a               day,               5.5               days               a               week.

Facilitated               by               electronic               trading               the               Foreign               Exchange               Market               (forex               for               short)               is               used               by               businesses               to               convert               currency               for               international               trade.

There               are               164               total               currencies               traded,               and               8               major               ones.

The               major               currencies               are               the               U.S.

Dollar,               Japanese               Yen,               Euro,               British               Pound,               and               Swiss               Frank.

The               Australian               Dollar,               Canadian               Dollar,               and               New               Zealand               Dollar               are               popular               as               well.

The               forex               market               differs               from               the               other               financial               markets               for               a               few               reason.

The               market               is               dispersed               over               multiple               countries.

A               truly               international               market               it               operates               24               hours               a               day               on               weekdays.

It's               humongous               trading               volume               and               large               liquidity               is               offset               by               the               relatively               low               margins.

Forex               traders               use               leverage               to               compensate               for               the               lower               margins.Leverage               is               defined               as               the               use               of               debt               to               supplement               gains.

(Wikipedia)               The               leverage               on               the               Forex               market               is               much               higher               than               the               stock               market.

Some               brokers               offer               upwards               of               250:1               leverage.

This               gives               the               trader               an               increase               in               profit               as               well               as               an               increase               in               losses.
               Since               the               forex               market               is               an               international               market               the               prices               are               affected               by               events               all               over               the               world.

Economic               determinants               include               national               debt,               political               upheaval,               GDP               growth,               and               unemployment.

(ForexProtege.com)               The               market               can               also               be               influenced               by               catastrophic               events               such               as               natural               disasters               and               acts               of               war.

Iceland's               disruptive               volcano               is               an               excellent               example.

(Boston.com)
               Predicting               the               forex               market               is               done               in               a               number               of               ways.

Traders               that               adhere               to               the               fundamental               school               of               analysis               use               economic               determinants               to               predict               the               rise               and               fall               in               prices.

Technical               traders               use               charts               to               recognize               chart               patterns               that               reoccur               throughout               the               years.
               Both               groups               have               their               strict               adherents,               however               a               successful               forex               trader               incorporates               both               into               his/her               strategies.
               Next:               Technical               Analysis               of               the               Forex               Market






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