Entrance to the foreign exchange (Forex) market - February 2017
Introduction, in particular my baptism in the Forex market is like the others without any previous knowledge, is a disaster. I opened the account first, which I found on the Internet this typical advertising agent Rico within months. I also with this type of advertising to warm up and prove that someone responds, to open an account, the minimum is $100.00. What is the result of a couple of months later? I lost $100, by me or by the Council, agent, sales representative. After the defeat, I think what I have done. Will they believe, I got $100.00 more and why? It was just bad luck, thought, big mistake, and i want my money back! I've missed you.
But I don't know, because I realized 13:00 return loss without access to any kind of prior knowledge of the case, be they purchased or traded the investment money roulette bet, eventually losing the Casino by chance, but in the end, what did you win money, start with you, even if your home and your pets if you are not careful. 2 invest Forex requires strategic and necessary to learn if I want to succeed.
Makes me the purpose of this blog. Instructions, which I'm very excited, you know the same amount for those concerned, improve your analysis or for those who want to start with the basics. So is this blog for all those who, with or without prior knowledge of the subject.
Initially focused on macroeconomic policy issues from a practical standpoint, if considered, would that affect the Forex market, or, in other words, the currency to appreciate, appreciate or devalue or lose value against other currencies, to allow the content of this blog. It was a real way to find us Federal Reserve (fed) and the rest of the world and a Central Bank samples for pointer as inflation and unemployment. Adoption of final conclusions or lessons.
Comment by geo-political war, politics, elections and voting rights in the United Kingdom, if you have a coin. In special cases, add diagrams to better understand the impact of these events. Finally will be shortened some abbreviations for currencies, these currencies, the platform, for example, the dollars in u.s. dollars.
OK, now that I have finished my introduction, we started with the stock market, the basic concept is: Forex? Is translated in short Forex market Forex or FX in Forex. Returns? Share of each country and the negotiations as a seller or buyer is willing to perform the operation. It is interesting to note that some coins are larger or the volume of trade compared to others, or in other words, greater liquidity (or in other words, the more often you will find that traders are willing to buy or sell currencies), because, although more developed countries increasingly dealers are willing to buy or sell currencies.
To set an example and take over the United States, which is the US dollar, one dollar coin. Negotiations are in the world about 75% of all daily affairs. The reason being, explains, we have, as well, as well as in the world, the most large economies, is used by most central banks around the world's reserve currency. Were in the world, most prices in us dollars, such as oil and metals like copper, silver and gold. The largest financial market and worldwide l ī has Net of United States of America as the New York Stock Exchange.
On the other hand, compared to us $ Mexico Bissau or JPY, although the Mexican economy is bad and in the process of economic development, or what is not called an emerging economy that is of the same size has no u.s. economy, because it grows. Even more so than they were in the world trade is not the US dollar.
So, then we can derive, as Australia (AUD), New Zealand (NZD) Japan (JPY), euro (EUR), the currency of transaction is United Kingdom (pound sterling), Switzerland (Swiss francs), Canada (CAD), other currencies for traders a dollar every day. In the euro area, it is easy to see that, because it is an important trading partner, several countries around the world during Canada an important element of the oil export of Japan. Compared to other countries, it will be a different theme.
Is this information as you? What could be better, buy or sell a currency, easy, almost never consult Bissau Argentina or a coin, which every day a week? (Interestingly, the Forex is open every day from Monday to Sunday) the answer is obviously that are similar to the negotiations that the dollar coin.
Another way to choose Forex trading is the purchase of one currency as national action. This award is a direct reflection of the economy, the market perception of surplus countries in the current and future health. When you buy a currency, better and over time raises the stakes, the economic health of a country. For example, to change the Bolivar Venezuela Venezuela.
According to reports, faces the most difficult country in the history of humanitarian and economic crisis. He hoped that its economy over 10%, more than 700%, until 2016, while inflation (later the game concept) depending on the Fund's money Fund (IMF), or in other words, Bolivar of Venezuela and less about the purchasing power of the 2015 8 times. Using this information we can in future conclusions of Venezuela? We can assume that their economic situation to worsen, in particular oil price below $100, so investments in Venezuela's problem? Or his parables is the shield of Venezuela, Venezuela will buy the Paris, recovery in the future, please? Common sense tells us that the Bolivar Venezuela would be a bad investment; Instead, traders are more willing to sell to buy a coin, which last one to drive the buffer, the increase in value is not expected in the future as the dollar in December by the Federal Government, which means the rise in interest rates.
We can learn from this example that the economic future predicted, or in other words, there are that expectations determines whether it should appreciate against other currencies or currency devaluation, which depend on economic and political origins of the work as a self-fulfilling prophecy. That is, when most dealers believe the currency will rise or fall in value, it is going to happen, because the coins increase or decrease.
To complete this introduction to the topic, I have a box of 70% or a combination of the piece or the liquid with other conferences. In the next article, there is a procedure for the exchange of currencies.
