Forex Currency Trading - FOREX

Forex Currency Trading - FOREX


Forex is the only market in the world which is being deliberated on the clock. 24 consecutive hours. Speed in completing transactions, the cost of very few, high liquidity. All these factors make foreign currency trading market (or foreign exchange market), more markets for its clients. Market and trade of currency that can only be likened to trading markets, where the shape, as there is no exchange here is known in the traditional sense of the word. It is composed of a huge global network linking the simply enormous number of currency traders in the world

Often they are trading between hundreds of banks over the phone or via the Internet. The major currencies traded are: the American dollar, euro, pound sterling, Japanese yen, Swiss franc, in addition to all the currencies of the world.

The five largest centers where trading between banks, which represent two-thirds the size of the global exchange are: London, York, Zurich, Frankfurt and Tokyo

What is Forex?

The word "Forex" means short, the foreign exchange market or the global stock of foreign money, which would fit the word "FOReign EXchange market" in English. And is speculative by buying and selling major currencies which have the core portion of operations in the forex market is the U.S. dollar (USD) (base currency) and the euro (EUR) and pound sterling (GBP) and Swiss franc (CHF) and Japanese Yen (JPY).

And are buying and selling those currencies in U.S. dollars or other currencies among themselves, which defines the currency pairs, and so against the U.S. dollar or any currency against another currency value. And is a profitable speculation in the currency trade in stock exchanges, and also the most risky, because of the rapid fluctuations of the currencies of the upward trend to trend downward, or vice versa. In addition to the currency market there are other types of stock exchanges are: gold, silver, Petroleum Exchange, shares and bonds, agricultural crops and energy. The currency exchanges are characterized by various indicators and technical analysis, news analysis and rapid access to profits.

Low rates of Asian currencies, as a result of South Korea won invoices oil

Asian currencies fell after South Korea won the speculation, the owners of crude oil refineries and other importers bought dollars to pay bills.


Fell 7 of the most actively traded Asian currencies, including the yen, crude oil rose by half a percent to 132 dollars a barrel. Rose win a 2% since 26 May, the best achievement of the Asian currency outside of Japan, the government emphasis has shifted from supporting economic growth, the containment of inflation.


"Demand for the dollar from refiners will continue because of high oil prices," says Sam Hong, a currency dealer at Shinhan Bank in Seoul. "Yesterday, the intervention was strong enough to keep the vendors to place critical"


Korean currency plunged up to become .0.3 1,027.65 per dollar from the time 1:08 in Seoul, compared with 1,025.00 yesterday, according to data brokerage firm to liquidate the funds m. Z in Seoul.


"The decision makers to think about the management of higher inflation, foreign trade and fiscal policy." In the words of Finance Minister Kang Man-soo this week. To account for slower growth, the government announced last week for a payment "is not enough to stop the slowdown of economic growth," says Frederick Newman, an economist from HSBC global market in Hong Kong.


Between the other currencies which have fallen in the region was Philippine Peso, which lost 0.1 percent to 44.487 against the U.S. dollars. And the Taiwan dollar, which slid by 0.1 percent to reach 30.394 dollars against the U.S. dollar.


Singapore dollar fell 0.1% to 1.3730 U.S. dollars. The Malaysian Ringgit and slipped by 0.1% to the 3.2715 U.S. dollars.


Low Dong:
Vietnam's dong fell by 1.9%, a Okbrankhvad since 1998, after the central bank set a weaker rate of return.


Dong declined to 16.613 against the U.S. dollar as per data reported by Bloomberg.
The latter was the biggest drop on August 11, 1998.

Select the State Bank of Vietnam on rate Dong b 16.461 against the dollar, Oooql by 2 percent. As has been said in his statement Alantrnetti yesterday. Allows the currency to trade up to a 1% in any of the sides of the price.


Ruby rising speculation. Likely to support the currency the central bank to prevent inflation, while Bank Indonesia governor Budiono this month that it will use all means Almalilp, including foreign currency exchange rates, to curb rising prices.

The central bank raised the interest rate of bonds last week postponed for the second time in a row by 8.5%, which may increase the attractiveness of government bonds.


"The central bank alert to confront a very weak currency," says Christy Tan, a senior currency strategist at Bank of America, in Singapore.

Currency traded at 9.321 to the dollar out of 9337 time late yesterday., According to data issued by Bloomberg. Ruby rose by 0.7% since the beginning of 2008.


Deputy Governor of Bank Indonesia Hartagy Sarwono on the sixth of June the consumer price gains will rise rapidly by 12.7 percent this month after the government raised fuel prices in May. Central bank raised the price of bonds, postponed last week for the second consecutive month by 8.5%.

forex trading

Tips make you a professional in the forex market

In order to become a successful trader you must have sufficient risk capital, the loss of it (or parts thereof) will not destroy your soul completely moral - must be able to deal with this ordeal calmly and this should not be to achieve your lifestyle in any way. Your mind must be in the market, not on your earnings. Should focus on the task of exchange and must remain calm, to make trading decisions occasion. Should not be used as the last remnants of earnings ever for trading - the responsibility and pressure will be large too, and your mind Sitoh about earnings, and not towards the development of the market, this potential error would be great.

Trade in the defensive.
The chapters of the football, the most important rule to play defense, not attack. Think about what he could lose the opposite of what he could earn. Forecast assumptions and plans ahead, rather than receiving it. Suppose for trading Defensively, the market Shikhalvk. Calculate the maximum possible decrease. Adjust the points you stop, if necessary, to where they are comfortable. Develop a plan to escape from the market. Then, if the market moves against you, you are ready. Protect what you have.

Develop a plan trading and attached to it.
Should be working every dealer to develop and systematize his approach to trade. He knew the curriculum, or a form of trafficking, may be based on fundamental factors, or technical indicators, or both. Before taking any position in the market, make sure that "your trade properly and profitably. It is important in your plan of trade is to determine the amount of your loss of the center. If you reach that limit. Get out. Committed to your plan and avoid the desire to trade.

If you do not follow the plan, it not have any plan. You need to correct trading plan can be equipped with the confidence that you will need a lot and you face trading under the pressure. Fbotbaek of specific guidance, will reduce the businesses Ojtmalat reckless. Do not follow the plan on trading blindly, however. If you do not understand the market mechanism, or if your balance emotionally disturbed strongly closed all your positions. And always in Dg Astratjitk that do not invest on the basis of rumors, it is the owner of the money that we put at risk. Do your studies before entering the market.

Control your emotions.
Keep in mind that all forex traders are suffering from a high degree of pressure and sometimes suffer heavy losses. And live anxiety and frustration, depression and despair, sometimes it is all part of the game forex trading. In order for a merchant to become perfect, you must learn the ability to control these emotions. Do not leave these emotions that tight control on your business. Temtg and confident that the high concentration of focusing on what you do. Trade must be based on informed rational decisions, not on emotions and the operator. We must learn to take the day off cross in the week that will help the Conservation Tqlbul tension and a positive trend. If you are working well, this is itself a good reward. If your business is not good, the taking of leave will help to avoid shocks and may help you to see that the market a different perspective

If you are skeptical, get out of the market.
That uncertainties may appear sometimes that there is something wrong in your accounts or your plan out of the market is the only way for that especially if:


Know yourself.
Need for a substantive nature and the ability to control emotions, and to assume the status and do not lose the desire to sleep. Although the discipline in the trade could develop a successful trader and make it seem edgy existence of centers in the market. S, but there are many exciting things happen in the market daily, so the trader takes a strict view toward the center and the ability to stand over the short term conditions, or you change your mind and your position every few minutes.

Do not commit follies.
One of the general rules and most important is keeping you in your account balance at least twice the money needed for the marginal status of the account given. Reduce the number of centers, if necessary, and to abide by that rule. May help to avoid trading decisions based on the basis of the amount of money in the account Hamck.

Isolate your business daily earnings for spam.
No hope of significant movement in favor of the status you in the market Vtjartk so the fact that on the basis of hope. Although a great virtue in the hope of a life, it is possible to be a major obstacle to the dealer. When cherished hopes that the market positions, usually violates the observers and investors senior Qguagd basic trafficking

Do not configure the new opinions during working hours.
Must decide a basic plan of work, do not allow fluctuations during the day that disturbs your plan. The decisions taken during the day, to be shown on the basis of price movement or the emergence of a story are often devastating. Formulate a basic pre-trade plan to start before the opening of the market or any position, and then look for an appropriate time to implement the decision had been taken

Take a rest between each trading.
Commented a successful trader. When I get to 90% of the effectiveness of mental health I have started to meet the account neutral. Anything short of that I have started at a loss. To take breaks between trade and other Chaad Moduaipllaswaq to develop a vision, and tend to give a new look for yourself, and confirm how you want to trade for several weeks to come.

Do not follow others.
When everyone starts to buy, they inevitably will take over sales later and quickly when most candidates procurement advisory services, for example, the successful trader is preparing to move to the parallel operation or to take the sales center.

Do not listen to the opinions of others.
Do not let what others say affect your business. Otherwise you will change your mind at every moment sometimes may affect you one view, and make you regret your position not to keep the old is now reaping the delicious fruit

Does not trade in the currencies of many that one
Tire yourself too much if you try to obtain information and entrances to several markets. Learn to know yourself, and the dealer through this border
I hope that Tstfedo of these tips are untested.

The difference between shares and stock market

Is there a difference between shares and stock market
Which is better in the profit and handle?

Yes, there is a difference between stock and forex trading
1 - Number of shares are the shares of the company's capital
They are trying to support the company's shares in the market and raise and can be issued any spread of the company that lead to degradation and loss per share

Currency Trading Vicu capital and more secure, because the currency when bought by the State or the Union to support the currency greatly affected by any currency and rumors that the level of countries such as the currency of the European Union or the Euro EUR United States more than a dollar currency trading, and therefore better to the company's shares or to support the countries to support its currency ... ? It is more secure economy of the country's economy or the company?

2 - You can start trading currencies and close the sale transaction to buy or vice versa, and this is not available in the stock market.


3 - The currency market is more liquid and active and lucrative market for investors, companies and banks are traded over the Internet.

4 - You can withdraw any amount at any time from your bank account directly in equities, while waiting until the sale of shares and the price of his arrest.

5 - and the biggest difference and most important is that the company shares subsidized / Economics Corporate /
The currency is supported by the State or States, which makes this stock a strong economy
Are not affected by any shocks. Where in the stocks issued by rumors only lead to a loss in share value.

6 - You can stop the loss of any time in the currency and reduce the size of the loss and in addition you can release your automatic stop-loss, even if it were not Monitor prices on the computer through computer programming and place an order to buy or sell when the cursor is at a certain point ...


The stock market investor's goal at this moment ... Because of the high profits
And the loss of a few and to withdraw any amount of money at any time ... All these factors made
Currency Exchange Forex investor favorite place

Forexyard company offers you a comprehensive daily analysis of the Forex market and currency trading by a team of experts in technical analysis, which is always keen to provide the best services to its customers.

U.S. dollar may fall below the levels of 85 against the Japanese yen.

Arrived in the U.S. dollar to its lowest level in 15 years against the Japanese yen during trading on Wednesday, after the issuance of decisions the Fed U.S., which came to refer to the intention of the Fed U.S. support the economy through the reinvestment of funds obtained from the maturity of mortgage bonds and government debt , The Fed also noted that rates of economic recovery in the United States has slowed significantly in recent months and also decided to maintain the interest rates for an additional period without change.

Economic Analysis

U.S. Dollar USD

- The dollar limit the gains after the Fed's comments on the economic situation
About the U.S. dollar declined against the yen and lose a large chunk of its profits scored against other currencies like the euro, after the release of the data of Bey U.S. Federal, which indicated for the Fed to reinvest funds received from bonds, mortgages in order to support the economy as much as possible. The had recorded the U.S. dollar declined 0.1% to levels of 85.37 against the Japanese yen to return it to its lowest level against the Japanese yen during the eight months at 85.02, after it reached earlier in the levels of 84.82 in November against the yen to be the lowest levels of the U.S. dollar against Japanese yen over 15 years. But it was not performance in U.S. dollars similar to that against the Euro, where could the U.S. dollar to register a rise by 0.2% against the Euro to the levels of 1.3156, after hitting its lowest level in the earlier versus the Euro at 1.3334. It is worth mentioning the policy makers in the United States of America seem to take simple steps to streamline the financial policies again in order to support the economy and support economic recovery rates of America, through the reinvestment of proceeds from the mortgage debt to buy government bonds as he had expected a lot from the experts.

The EUR

- Decline of the euro against the U.S. dollar to its lowest level.
Recorded the European currency declined during trading yesterday against the U.S. dollar is trading down 1% on rates on Tuesday, comes the performance of the U.S. dollar when there were expectations of dealers not to do the Fed U.S. to take strong policies to reduce revenues dramatically. On the other hand The GBP also lower against the U.S. dollar to the lowest Msuiath during the week, with the issuance of data indicate the lack of recovery of the British economy levels is strong, in addition to the arrival of the cable to the high levels of height and reach to areas overbought, suggesting the possibility of corrective wave downside may occur on the cable as the experts predict. From the other hand, Pound also declined against the Japanese yen after the issuance of data on the housing sector the British and which referred to the decline in house prices for the first time in the year during the month of July, but in general have been trading on the Pound against the euro at levels of 83.14. but continued to pound to fall against the U.S. dollar rate of 1.4% during the past two days, but today is expected to release data on the rate of UK inflation report at 9:30 GMT, which will indicate the extent of recovery or slowing British economy.

Japanese Yen JPY

- Increase the Japanese yen in general against other currencies.
Japanese Yen rose against other currencies after a report the Federal Reserve the U.S. that the U.S. economy is recovering at a lower rate than expected, in addition to low rates of consumer confidence in British high Machinery Orders Japanese less than expected. And he had scored the Japanese yen rose to levels of 84.82 against the U.S. dollar, amid expectations of market participants about the possibility that Japan's central bank to intervene to amend the prices of the Japanese yen in the market and in order to reduce the value of the yen against the U.S. dollar, suggest that expectations that the Bank of Japan is aiming for the Japanese yen to levels 80 against the U.S. dollar during the coming period.

Crude Oil Crude Oil

- Lower crude oil to its lowest level in seven days.
Crude oil declined by 1.5% during trading yesterday, and with the loss of the U.S. economy a lot of its luster during the business day yesterday, and the second half of this year will be good for U.S. economy dramatically, and through the statements issued by the Fed U.S. during the business Yesterday after the meetings. has been trading on the crude oil on the levels of 80 dollars a barrel during trading on Wednesday, after the issuance of statements about the United States stockpiles of crude oil, which indicated a rise in U.S. imports of oil. but projections indicate that the current demand rates U.S. crude oil is expected to end the wave of the decline that lasted for four years so as to rise by 0.7%, but you should always remember that the growth rates of America is still the place many questions which could have an impact on the rates of crude oil coming period .

Technical Analysis

EUR / USD EUR / USD
The pair has made trading of HF with a decline in trading volumes during the day and a spouse's record drop to the levels of 1.3075, but stops husband at baseline upward trend and the decree since the ninth day of the month of June, so it is possible to engage in a deal to buy near the trend line It will be an opportunity to enter the market at these levels.

GBP / USD GBP / USD
Seems that the psychological state of customers on the cable has started to change, which has emerged form Candles Japan negative during the day Monday, a candle foster negative, in addition to the presence of candles Japan during the past two days indicate that there is no clear tendency for dealers for a man, so it is possible that dealing with the limits of support and resistance present in the moment until the break and determine the direction whichever is later, namely, 1.5700 and 1.5960.

USD / JPY USD / JPY
Husband's income in the oversold territory for many of the technical indicators, where there index the relative strengths of the hourly and daily in the oversold zone, which indicates the possibility of the rise of the husband during the next few days, in addition to the presence of the intersection of positive Slow Stochastic graph of four hours, so it is possible to engage in a deal to buy one today.

USD / CHF USD / CHF
Indicators show that long-term possibility of a wave of rising to the husband and approached the husband out of the space catch, which runs at the present time, where there index the relative strengths of the hourly and weekly in the oversold territory, as well as to the existence of the intersection of positive Slow Stochastic the weekly chart, so it is possible to engage in a deal to buy the husband for the medium and long term.

EUR / CHF EUR / CHF
Indicates the short term for the husband and there are prospects for the rise of the husband during the coming period, which travels pair channel forming bullish for several weeks now, and there are signs that this trend could continue to the next period, where there are index of relative powers in the oversold zone and on the graph hour, in addition to a negative impact on the intersection of stochastic, so it is possible to engage in the purchase of the husband and take advantage of the upswing is expected to take place during the coming period.