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The appeal of Forex
Despite a global fall in transactions, Forex attracts a large user base because the bar for entry remains low (around $25) with free training to do so. It remains a viable alternative for traders because all you need is an Internet connection and the necessary knowledge to start trading.
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Forex tends to be a financial topic that seems appealing but out of reach for many.
Why?
Unless you travel in certain financial circles, then you don't really hear much about it or the experiences of many people who actually utilize it successfully to make money.
While there's been a fall in transactions on Forex, still, they continue to attract a large user base. Today we'll talk about why that is: the appeal of Forex, risks and types of trading accounts.
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What are the risks?
With so many pros inherent with Forex trading, there are some risks associated with it that one must consider.
One must make sure that their Internet connection and computer are running smoothly at all times. Of course, we all know things happen, servers shut down and our laptops/PCs mysteriously freeze or shut down depending on the current activities. This can affect transactions in process so be aware that the things can happen during the course of a trade.
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The NZDUSD currency pair is often called 'The Kiwi', as the $1 coin of the currency depicts a kiwi bird. It is one of the 10 most-traded currencies in the world, and gained considerable appeal during the multi-decade commodity boom that took place around the globe.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ,,,,,,,,,,,,,,,,
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Thanks to US dollar's weakness, NZDUSD rose above 0.7200 and approached resistance 0.7225 but again retreated and fell back below the psychology level. On the hourly chart, technical indicators suggest bias is bullish at this time and uptrend remains firm. Upside should continue to prevail.
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nzd/usd ne 0.6900 ke level par he apna resistance banaya hua hai,aaj he ye pair 50 pips market me up hua hai aur wo eske central bank ki wajah se,aap esme buy karte rahein because december me last 10 days me usd ka sell off ho sakta hai,esme 0.6700 ka strong support mante hue he apko esme trade ko sell karna hoga uske baad he sahi trade maana jeynga.
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Nzd continues to strengthen against Dollar. Since the market opened this week, the nzdusd currency pair continues to getting strongest. I think nzdusd can fly higher than today.
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कीमत हमारे खरीद क्षेत्र से उछल गया है और हमारे लाभ लक्ष्य तक पूरी तरह से पहुंच गया है। कम से कम 0.7251 समर्थन (फिबोनैचि रिट्रेसमेंट, क्षैतिज स्विंग कम समर्थन) तक नीचे धकेलने के लिए हम 0.7342 (फाइबोनैचि एक्सटेन्शन, क्षैतिज स्विंग उच्च प्रतिरोध) पर प्रमुख प्रतिरोध से नीचे बेचने की तैयारी करते है। स्टोचस्टिक (34,5,3) 95% से नीचे प्रमुख प्रतिरोध देख रहा है, जहां से हम कीमतों को नीचे धकेलने कि प्रतिक्रिया की उम्मीद करते हैं। 0.7342 से नीचे बेचें। स्टॉप लॉस 0.7376 पर है। टेक प्रॉफिट 0.7251 पर है।
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http://i68.tinypic.com/okvq0k.jpg
NZDUSD
1st Support Point : 0.6904
2nd Support Point : 0.6877
Pivot Point : 0.6928
1st Resistance Point : 0.6953
2nd Resistance Point : 0.6953
Short Term : 60% Buy
Mid Term : 25% Buy
Long Term : 67% Sell
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nzd/usd ko ab sell nahi kaarna hoga because december me usd weak hota hai aur aaj to fomc meeting ke minutes bhi hai esliye esme trader ko dhyaan se kaam karna hoga,ye market bahut he jaa volatile hai,esme trader ko ache se market me sell karke he kaam karna chahiye.
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nzd/usd is buying mode and i say that we buy nzd/usd at price 0.6900 and we place our take profit point at 0.7100 and make good profit with nzd/usd trading and we use stop loss point at price 0.6800 or 0.6750 then we make our safe profit easily with our buying trading
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NZDUSD
1st Support Point : 0.6958
2nd Support Point : 0.6895
Pivot Point : 0.6992
1st Resistance Point : 0.7027
2nd Resistance Point : 0.7027
Short Term: Buy
Mid Term : Buy
Long Term : Sell