Trading FOREX (Foreign Exchange) or better known as the Forex (Foreign Exchange) is a type of trade transaction currency (currency) of a country against foreign money (currency) other countries. With an average daily volume of U.S. $ 2 trillion, Market Forex is 46 times larger than all the combined market shares and therefore called on the world's most liquid market. Forex Market is a market that is open for 24 hours continuously
How Does Forex?Forex Trading (Forex) is the exchange of one currency against other currencies in order to make a profit (profit) from the difference in currency values. For example:
A trader profits from the transaction BUY Pounds (Great Britain Pounds / GBP)
Trader What Do Great Britain Pounds (GBP) U.S. Dollars (USD)A trader bought 10,000 pounds in early February 2007 when the price of GBP / USD 1.9800. (Buy GBP / USD) 10.000 -19.800 *The next day, the trader 10.000 pounds to exchange back into U.S. dollars at a price of 2.0000. (Sell GBP / USD) -10.000 20.000 **In this example, the trader get a gross profit of $ 200. 0 200
* $ 10,000 x 1.9800 = U.S. $ 19.800(The trader to buy GBP 10,000 by way of selling U.S. $ 19,800)** $ 10,000 x 2.0000 = U.S. $ 20,000(Trader sells GBP 10,000 by way of purchase of U.S. $ 20,000)
Buy EUR / USD Buying EUR by selling USDSell EUR / USD Sell EUR to buy USD
