Forex dealing is an worldwide bank-to-bank currency
forex industry. Forex dealing trading represents purchasing or promoting the
currencies. Due to ever-changing currency quantity, buying a currency at
cheaper and promoting it at higher one you can obtain revenue catching its
further activity properly (for example: properly determine the news).
Forex industry partakers are: lenders (central and
commercial), pension funds, insurance providers, brokers, traders and many.
Because of a great members number and similar investments volume a lot of
transactions are implemented in a brief time.
A large investment is not required for dealing on
Forex dealing, as agent gives a loan - make use of. Its size is equal to
hundredfold quantity of deposit, it means that a investor (participant playing
on Forex) goes into the industry with a sum exceeding the quantity for
investments performance hundredfold.
Trade performance on Forex dealing consists of 2
parts. First: investor reveals place with a certain currency couple. Second: he
ends place with this couple. Trades on Forex dealing are shut automatically
during several a few moments. However, even such a big investments quantity
accomplished by investors cannot put a substantial effect on price.
Position starting in Forex dealing forex dealing is a
process of seeking one currency from a agent for a certain variety of another.
The price of a platform currency in the first couple is known as quote shown in
the estimated currency unit. It has 2 figures: Bid - the price of platform
currency sold for estimated one and Ask - the price at which it is bought. A
change between them is known as spread (it is the main income for a broker),
and point is the minimal price activity which can be accepted. Forex quantity
information is always available for those who operate on Foreign exchange
industry.
Forex dealing is performed in three ways. These
methods involve several dealing techniques. Traders with big dealing experience
on Forex dealing develop their own techniques for several years, but there are
some approved and really beneficial strategies:
- Day dealing (intraday temporary trading) is
starting of temporary investments by a investor for 1 or 2 minute interval up
to several time. Such investments are usually shut in the same dealing day and
almost never taken instantly.
- Information dealing. Traders using this type of
dealing can always have a stable revenue, making the right research of
published news. Simultaneously, wrong news research and place setup can result
in serious failures.
- Midterm dealing. With this type of dealing,
investor reveals interval of your energy and energy investments (from 1-2 times
up to 1-2 months). Getting a large revenue following this strategy is possible
in case a business remains opened for several times at least. A good investment
is needed for backing up such investments.
- Technical research in Forex dealing trading implies
an option to estimate and make right research of different chart types (bars,
Japanese candlesticks, lines) with currency couples and results shown on them
that allows to prediction quantity variations of the currency couples.
- Carry business is obtain acquisition from change
betweeen the rates of currency couples.
Using this type of business, trader's positions
remain open for years (from 2-3 several weeks to 1 year and more). Such dealing
requires a big investment. It is used for waiting when a business becomes
profitable not to bear failures until the price changes to the right direction.
Also one of the advantages of Forex dealing trading
is that the work does not stop 24 time One week a week (from Monday to Friday),
therefore, regardless of change between the timezones and location you can
continue enjoying dealing. Such opportunity of dealing on Forex dealing is
provided by the world financial centers managed by the national lenders
together with worldwide lenders where different countries investment is kept.
Major of them are located in: New
York , London , Seattle ,
Paris , Sweden ,
Singapore and Sweden
