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The Infrastructure Of The Forex
Before entering into a trading, we first explain about the supporting infrastructure. For online forex trading takes only PC computer, and Internet connection. Coupled with a software application that can be downloaded and used for free. A very easy way.
Before entering into a trading, we first explain about the supporting infrastructure. For online forex trading takes only PC computer, and Internet connection. Coupled with a software application that can be downloaded and used for free. A very easy way.
The Base And The Way Forex Trading
Basically play forex is predicting a currency pair that later value will rise or fall. And confidence of the predictions that we make in opening trading position (open position).
Basically play forex is predicting a currency pair that later value will rise or fall. And confidence of the predictions that we make in opening trading position (open position).
In forex there are only 2 types of open positions. I.e.
1. buy/BUY/LONG: predict the value of the pair is going up
2. Buy/SELL/SHORT: predict the value of the pair is going down
1. buy/BUY/LONG: predict the value of the pair is going up
2. Buy/SELL/SHORT: predict the value of the pair is going down
For more details see the illustration below:
Handoko entry at position BUY (BUY) EUR/USD at 1.3000, after a certain time
Handoko CLOSE 1.3064 then Handoko benefit 64 pips
If Handoko CLOSE at 1,250 then Handoko losses 50 pips
Erik entered in position SELL (SELL) GBP/USD at 1,500, after a certain time
Erik CLOSE at 1,400 then Erik 100 pips profit
If Erik CLOSE at 1,650 then Erik losses 150 pips
Handoko entry at position BUY (BUY) EUR/USD at 1.3000, after a certain time
Handoko CLOSE 1.3064 then Handoko benefit 64 pips
If Handoko CLOSE at 1,250 then Handoko losses 50 pips
Erik entered in position SELL (SELL) GBP/USD at 1,500, after a certain time
Erik CLOSE at 1,400 then Erik 100 pips profit
If Erik CLOSE at 1,650 then Erik losses 150 pips
-Close meaning is closing trading is running or open.
-Pip is the smallest unit in the forex. The value and meaning of PIPS
Conclusion
- Requirements/infrastructure in forex trading online is very easy and cheap.
- The basics of forex trading is very simple:
- Buy if it predicts will be rising, and Sell if it predicts will decline.
- And if the predictions are correct then it would gain, if not otherwise.
- And if the predictions are correct then it would gain, if not otherwise.
- Infrastructure, ways, and rules for trading forex is easy, cuman yg trading correct way how to be winners/profit, it wrote.