Forex Market basic Knowledge..

[orchid]

Forex basic Knowledge

Currency Pair:

The market value of the shares of any rule is set to be the country's currency. For example, our market share is set at a share price.

The forex market or currency of any country's currency value is impossible. Dollars, Euro or may not have any value. For example: 1 for $ 73 to get the money. The dollar was only 0.70 euro or 0.93 Australian dollars 1 can be obtained. If such as the Japanese yen, then 1 dollar, you will receive 80 yen. So, what is the dollar value? Trade forex market in various countries of the people, the price of the dollar to buy?

---------- Post added at 04:38 PM ---------- Previous post was at 04:34 PM ----------

This is why trade the Forex market is the currency pair.

---------- Post added at 05:13 PM ---------- Previous post was at 04:38 PM ----------

For example, EUR / USD , a currency pair. There are currently 1 EUR / USD = 1.4434. This means that 1 Euro, you will receive 1.4434 dollars. Oh, I forgot, USD = United States Dollar or USD. Pulling, superseded by we called dollar.

---------- Post added at 05:29 PM ---------- Previous post was at 05:13 PM ----------

Let's do it some more currency pair

1 AUD / USD = 1.0543, 1 Australian dollar means that you will receive 1.0543 U.S. dollar.
1 GBP / USD = 1.6422, which means that 1 pound of USD 1.64 will get you.
1 NZD / USD = 0.8177, with 0.8177 means that 1 U.S. dollar New Zealand Dollar.
1 USD / JPY = 80.29, which means that 1 dollar to 80. 9 will receive Japanese Yen.
1 EUR / JPY = 115.91, 115.91 Japanese yen means that you will receive 1 euro.

[bogelfx]

yes .. it is the foundation we need to know, to know the basics of forex forex we will know more details, so we can easily understand and benefit well, a beginner should know the basics of forex trading forex before

[orchid]

Of course not. But remember, the first currency of the currency pair with how much you will receive in the next currency.

---------- Post added at 03:41 PM ---------- Previous post was at 03:39 PM ----------

1 EUR / USD = 1.4434. This means that 1 Euro, you will receive 1.4434 dollar.

Then, 1 USD / EUR 1 dollar with the directions on how to get Euro. The answer is, just the opposite, 1/1.4434 or 0.6928

---------- Post added at 03:51 PM ---------- Previous post was at 03:41 PM ----------

thnks, but have needed good knowledge about forex currency pair and details, such as..
1 EUR / USD = 1.4434. This means that 1 Euro, you will receive 1.4434 dollar.

[fxbirati]

Yes brother without basic knowledge we can not get success in forex trading, forex traders need to be skilled and also have to understand the trend of the market, without basic knowledge we can not start trading at real accounts or even demo accounts too.

[orchid]

Now that he knows pair currency?

Brother, if I write a little circle? So that means you can insert, 1 EUR / USD = 1.4434 If the EUR / USD is in USD / EUR write, then you have a problem?

[knuckle]

Basic knowledge about forex trading is very important to us for a trader, especially for a beginner should really be noted that the basic knowledge required to know before entering into the real forex market, forex without basic knowledge then we will be susceptible to losses in each trade.

[voipkolkata]

Thanks for the basic knowledge of the forex education, we know now a days we can get huge video on forex education on free in the internet and we can easily see and learn the forex trading from the video.

[tanu003]

Now that he knows pair currency?

Brother, if I write a little circle? So that means you can insert, 1 EUR / USD = 1.4434 If the EUR / USD is in USD / EUR write, then you have a problem?

Dear brother it sure that the basic knowledge is commonly necessary for the every traders before entering into the trading, so that learning of basic knowledge is important for the trader to learn carefully and understand it properly. With the basic knowledge we can know about the currency pair and it's value.

[asiful02]

Yes .. This means that we have laid the foundation for a more fundamental understanding of Forex, we can easily understand and know the basic Forex beginner Forex trading before you get benefits

[saifullah1]

The most basic thing in forex if you ask me lies in how a novice trader regulate emotions and spikologi trader.
Because we know that in addition to engineering, traders spikologi very major factor, given the 20% and 80% spikologi trader.