In forex we trade the real currencies and in a currency pair one is called the base and other is called the quoted or bid currency.The procedure is simple there are lot many people as well as the banks are holding the lots of currency and we buy or sell these and get the profit.The buying power is enhanced through the use of leverage.
currencies market is a type of marekt where every move in the market makes a good fortune for the trade to make a trade and win money and the same way those moment are also responsible for losses.
forex is all about affairs and affairs bill business as we see in this forex bazaar prices of all bill pairs are accretion or abbreviating so in this way if you buy or advertise bill again you can get accumulation or accident so this is the basal abstraction as this bill trading accord us befalling to acquire profit.
Currency is a valuable thing because it is traded against another currency. Only 1 person can not know about currency.
I did not understand exactly what you mean .. how can we of trading such as trading, we can certainly any person or dealer through Forex trading platform MetaTrader and enter orders to buy or sell, but if you ask how to enter commands, it means that you do not care to enter the Beginner orders only interested in learning and gain experience and how the market is moving and what affect it first ....
I know about the major currencies traded in forex and from several websites on the internet and from the bank. And I think it could be traded currencies in forex with the mediation of some of the world's banks and investors from all countries to be able to buy that currency.Quote:
Originally Posted by deep thought
I'm the new trader in forex market so until now i have learning about currencies market cause i believe that forex is the currency trading business and currency market always moving so i have trying to find out the reason for moving market.
forex jo hai sirf depend karti hai buy aur sell par currency jo hai woh business hai jo humaya dekhta hain forex market may prices of all currency pairs are increasing aur decreasing.Quote:
Originally Posted by deep thought
I do not know much about currencies, which I learned here was how to react to the movement and trading. it takes a long time to learn it all.
The worlds major currencies are pitched against each other for the trading in the forex market.Millions of people across the globe buy or sell these currencies.The strong currency and the strong economic indicators usually favors the bull movement in the currency.The currency pair consists of a base currency and the quote currency.The good and stronger fundamental data results in the strength of the currency.