Forex Market basic Knowledge..

[banglades]

Yes very nice post bro. I think your post will be helpfull for the newbie. So in my opnion the basic of forex is the forex is place of doing currency trading. We can buy or sell currency pair form the forex. And there are somebrokerage which will help you for doing investing. So it is a great place of earning

[Discordance]

yeah i knew it but how to earn performly ,so i can buy something nice out there,i think many of trader are doesnt have enough knowledge to trade in forex market so they blowing their account there

[Md. moshin(opu)]

I think it is very much a basic knowledge of the fundamental knowledge, you can earn good your skills are important for an understanding of business.Because better.But account.Without basic knowledge of using the demo you have a business that you can do anything you can not get the basic information.

[xomes]

Basic knowledge is essential for trading because you don't do any single moment if you don't have knowledge about it and in forex if some one don't have much knowledge then he will get a big loss in trading because he did not knows the strategies that how to trade profitable so if you want to start trading then you should be have knowledge about forex trading.

Knowledge is important and for you always active work in forex ,you will in success in forex trade business.you work honestly.atfirst you know about in forex then work in forex business...

[alexan]

Basic knowledge is essential for trading because you don't do any single moment if you don't have knowledge about it and in forex if some one don't have much knowledge then he will get a big loss in trading because he did not knows the strategies that how to trade profitable so if you want to start trading then you should be have knowledge about forex trading.

Next step is analize,so it must be full concentration is basic requirement of every business. if we are not giving full concentration to business then we will be loss lot of profit. So similar case is in Forex trading market. It require full concentration

[ghfx]

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.

hi everybody,

I thank my friend for this article and these details are very utils for a beginner like me.

good luck.

[undefinied]

yes, we must know that foundation. but we must earn basic skill to be a good trader.

[salman shafqat]

If you are a beginner in forex trading, this is the place to start. The following articles will help you gain an understanding of the forex market and how it works. Unlike the stock market where investors have thousands of stocks to choose from, in the currency market, you only need to follow eight major economies and then determine which will provide the best undervalued or overvalued opportunities. These eight countries make up the majority of trade in the currency market United States,Eurozone (the ones to watch are Germany, France, Italy and Spain) Japan,United Kingdom,Switzerland ,Canada, Australia and New Zealand.

[rubel_dc]

For every important things there is a basic part .And for forex there is also some basic knowledge . You can make a good concept on this thing.And in my view the basic knowledge for forex is smoothly analysis the market movement.Because the market moves in its every movement it can rise alot in a second and fall in a second. One have to pay attention for every pair.

[sparvez]

well I think,In forex basic knowledge is very important. demo account practice,technical analysis,fundamental analysis,sentimental analysis,how to open demo account and real acoount,how to open and close trade,money management these are basic knowledge.