Posted by admin on December 15, 2011 under How To Forex | 
Traders in the foreign exchange market buy and sell currency to try to make profit. There are two prices for currency: the buy price, called the “BID”; and the sell price, called the “ASK”.
The difference between the “bid” and the “ask” is called the “spread”. The spread represents the difference between what the market maker gives to buy from a trader, and what the market maker takes to sell to a trader.
For example: the EUR/USD bid/ask rate is 1.2100/1.2200. The market maker gives $1.21 when buying from the trader, but takes $1.22 when selling to the trader. If traders buy and sell immediately without any change in the exchange rate, they lose money. This happens because of the spread – traders pay more to buy the currency than they receive when they sell in that one moment.
In fact, the spread is the leading source of income for the market maker. Like any other market, the merchant will buy at one price and sell at a higher price.
Posted by admin on July 26, 2010 under How To Forex |
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Posted by admin on April 23, 2010 under How To Forex |
WTI crude oil
Here is the variety of international oil trading West Texas Intermediate crude oil-based West Texas Intermediate, referred to as WTI , its price is a benchmark for the international oil market prices, is also the New York Mercantile Exchange oil futures contract, the subject matter. All in the U.S. crude oil production or sold in the U.S., when the meter are to light and sweet as the benchmark WTI oil.
In news reports, the North Sea Brent crude oil prices and the same, WTI prices often reflect the current world oil market as the reference price. Other important world oil market prices include Dubai crude oil prices and OPEC (OPEC) price of a package of information.
Crude oil price changes and earnings
Changing crude oil prices. The demands of the market value of crude oil in the international energy market, a kind of crude oil, said the value of the dollar. In crude oil trading, you buy crude oil, to pay U.S. dollar-denominated currencies. Buy crude oil prices to tell buyers how much a barrel of benchmark crude oil dollars. Of course, you can sell crude oil, foreign exchange margin trading is like doing the same, WTI crude oil is priced in dollars, such as: OIL / USD USD you can buy OIL, OIL, or is sold to buy USD.
For example: OIL / USD 80.25 means you Xuyong 80.25 U.S. dollars to a barrel of crude oil. Can say you sell a barrel of crude oil wti will be 82.25 U.S. dollars. If the next day, crude oil prices, crude oil becomes 80.26 U.S. dollars, then you bring a cent yesterday to buy crude oil revenue. The opposite direction if you make transactions, you sold yesterday (sold in 80.25) per barrel crude oil will give you 1 cent loss (because at this time a barrel of oil requires that you get 80.26 U.S. dollars to “buy-back “).
How To Crude oil trading
Crude oil trading steps:
- Risk study: prior to the transaction, to learn about risk warning is necessary, foreign exchange trading (OTC Trading), crude oil trading, gold trading involves significant risks, it does not necessarily suitable for every investor, as they have the leverage transaction .
- Web Registration: easy-forex company offers foreign exchange, crude oil, gold and silver transactions, you can trade anywhere.
- Deposit: support credit card, paypal, bank transfer, credit card deposit of which the most efficient, immediate access, immediate transactions, while the paypal the most safe and convenient, flexible use of funds available.
- Trading: Easy-Forex ® on the crude oil trading and in the conduct of foreign currency transactions in the same way. It is OTC (over the counter) transactions that buyers and sellers directly involved in the transaction, there is no such market in the third-party involvement.Crude oil abbreviated as OIL. Although unit pricing per barrel, but crude oil settled in dollars (not delivery transactions) that is physically rather than the actual sale of goods.
Easy-Forex ® on the crude oil trading contracts based on U.S. standards, that is, WTI (West Texas Intermediate crude oil). It is also known as Texas light crude oil, as crude oil is used as a benchmark WTI oil price and the New York Mercantile Exchange (NYMEX) oil futures contracts.
Posted by admin on April 9, 2010 under How To Forex |
You comes to forex online, understanding the terminology and the forex trading strategies before you begin is vital. There are many web based companies that provide online forex trading tutorials that revolve around real time forex trading. Using a forex tutorial will give you the beginner knowledge you need to take part in trading forex.
After you have completed your forex online there are some basic forex trading tips that all beginners will find useful. The most important thing to remember when trading forex and the most important forex trading strategy is to remember to always place stop loss orders. Using this strategy in your online forex trading will help to prevent and limit your losses.
The next important step for online forex trading is to take profit orders at the same time as placing your stop loss orders. This is done by using the OCO order function that is available with most online forex trading systems. Take profit orders work on the same basis as the stop loss orders and help to eliminate the risk of locking into a profit too early.
Another beginner’s tip is to use a positive risk/reward ratio. This means that you should choose the amount you are willing to make on your forex trade beforehand and it should be more than or equal to the amount that you are willing to loose. This tip is essential if you want to be successful in your forex trading.
It is important for any forex trading beginner to note that successful online forex trading takes patience and is a long term investment. It takes controlled forex trading along with discipline and patience to make your forex trading profitable. Continued research and forex tutorials and guides will help you to learn more and remember as with all successful ventures; knowledge equals power.
Posted by admin on under How To Forex |
What is fx Spreads
The difference between the bid and the ask price is referred to as the spread. In the example above (EUR/USD at 142.382/385), the spread is .003 or 3 pips.
Although a pip may seem small, a movement of one pip in either direction can translate into thousands of dollars in gains or losses in the inter-bank market.
Posted by admin on under How To Forex |
Selling for forex
Selling the currency pair implies selling (shorting) the first (base) currency and buying (longing) an equivalent amount of the second (quote) currency to buy the base currency. For example, selling GBP/JPY means that you are buying Japanese Yen (JPY) using Great Britain Pound (GBP).
A speculator sells a currency pair if she believes the base currency will go down relative to the quote currency, or equivalently, that the quote currency will go up relative to the base currency.
Posted by admin on under How To Forex |
Buying For Forex
Buying a currency pair implies buying (longing) the first (base) currency and selling (shorting) an equivalent amount of the second (quote) currency to pay for the base currency. For example, buying EUR/USD means that you are buying Euros (EUR) using US Dollars (USD).
It is not necessary for the trader to own the quoted currency prior to selling, as it is sold short. A speculator buys a currency pair if she believes the forex rate for the base currency will go up relative to that for the quote currency (that is, the value of the pair will go up).
Posted by admin on April 6, 2010 under How To Forex |
How to Forex trading by online，Learn！Learn again …
Forex books can help you win by forex trading.You need buy professional forex books.
Great forex books:
- An Introduction to High-Frequency Finance
- The Forex Trader’s Bill of Rights
- Technical Analysis from A to Z, 2nd Edition
- Encyclopedia of Chart Patterns
- Japanese Candlestick Charting Techniques
- Fibonacci Analysis (Bloomberg Professional)
- The Trader’s Guide to Key Economic Indicators
Posted by admin on April 5, 2010 under How To Forex |
Live prices, Live Reuters news, market information, advanced charting systems, and technical analysis tools to give you a competitive edge.
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Posted by admin on March 26, 2010 under Forex Online, How To Forex |
1.Practise before you start trading with real money
Could you imagine an athlete going to the Olympic Games without preparation and training? Make sure you have practised your trading on a demo forex trading platform and get comfortable with the platform and your trading style before committing real money.
2.Know what moves currency markets
Like any asset class, there are a number of factors that drive currency performance. A country’s macroeconomic situation can have a major influence – economic data releases, policy decisions and political events can change an economist’s outlook on the country, and therefore the currency. There are also technical factors such as interest rates, equity markets and international trade which may have an impact. Spend time getting to know these.
3.Understand the strategies
Yes there is a method to the madness. As a trader you need to be aware of three crucial forex trading strategies which are often used by currency traders; the carry, momentum, and value trade. Momentum tracks the direction of currency markets; the carry strategy sees investors selling currencies with low interest rates and buying those with high rates; and the valuation strategy takes a position based on the investor’s view of a currency’s value. However, the strategies that you use are up to you.
4.Manage risk
Like with any investment decision, you must decide what risk you’re willing to accept. Ask yourself, “how much am I prepared to lose on this position?” If you don’t have a convincing or comfortable answer then you should rethink the trade. Do not risk more than you can afford to lose. Think about how you can mitigate your downside risk; make use of FX trading strategies such as stop losses or limit orders.
5.Stick to what you know
There are literally hundreds of currency pairs that can be traded in the currency markets, each of which have their own characteristics and considerations to understand and analyse. If you’re participating in the market on a part time and non professional basis, it is probably better to concentrate on just a few pairs and commit to thorough and robust research on those, rather than superficial research on the many. Some key things to consider when analysing a currency pair are its liquidity, transaction costs (the spread) and its volatility. As a general rule, major currencies usually have better liquidity, tighter spreads and lower volatility, versus emerging market currencies which have poor liquidity, wide spreads and volatile movements.
6.Plan your trade, trade your plan
It’s one thing to have a plan, it’s quite another to execute it. It is important in FX currency trading to not get caught up in the moment – the markets are fast moving and in the short term can be unpredictable.
7.Research, research, research
It’s important to stay up to date. All currencies move quickly and checking the price once a week is not going to help you make strong long term returns. It is helpful to use an online provider that gives you up to the minute data and statistics. Traders use this data to constantly assess their trading positions.
8.Keep your emotions in check
Like many important decisions, it is vital to keep emotion out of any trading decision you make. If you’re upset about missing out on an opportunity and want to trade yourself better, or want to go ‘off-piste’ to make up for a loss earlier in the day – reconsider, because you’ve got the warning signs of someone about to make a rash and irrational decision. If you do feel yourself getting emotionally involved in a particular trade, take a deep breath, review your strategy, and establish how such a decision will affect your overall approach before going anywhere near the ‘execute’ button.
9.Don’t expect to win on every trade
That may not sound like much of a sales pitch, but even the most successful of traders don’t win on every trade. What they do have is a robust plan and long-term strategy which carefully considers the risks. So don’t necessarily be disheartened if a trade doesn’t go our way; review why it went wrong and see if there is anything to learn from the experience.
10.Consider diversifying your portfolio
Foreign exchange is only one of the many asset classes you should be considering as part of a balanced investment portfolio. FX trading is not suitable for every investor, so if you are committing a substantial portion of your financial resources to FX trading be sure you are fully aware of the risks and rewards of doing so, because it’s not recommended. The same applies for currency trading itself; spread your risk by not placing all your faith in a single trade because diversification is key; no matter what asset class you’re investing with.
