Very easy to open a trade. Trade opening process is simple and if you want to trade in the stock market, but you can understand it quickly.
Exchange rate that you 1.1800 EUR / USD - Euro to buy $ 11.800 for $ 10,000. Two weeks after the EUR / USD exchange rate of 1. They are 500. When you have $ 1, and sold it for $ 500, you will receive $ 700 dollars.
Exchange rate is the ratio of the price of a currency relative to another currency. For example: USD / CHF exchange rate of the point, how the UK. S.. Swiss Franc can be bought for 1 dollar, or 1 U. S.. I need to buy dollars to Swiss Franc.
How to read Forex Quotation
At the same time, each trede you buy a currency and selling another. The Forex currency market is expressed through peyarera Price Quotation.
GBP / USD foreign exchange rate's are as follows:
Slasa (/) of the karensike the base (base) currency and slasa (/) in the next karensike kiuto (quote) currency.
GBP is the base (base) currency and USD is kiuto (quote) currency.
By (buy) when the exchange rate for the purchase of 1 unit of the base currency is the currency unit kiuto. Udaharanasbarupah 1.51 to buy 1 British Pound 5 UK. S.. Dollars to pay.
Cell (sell) when the exchange rate is 1 unit of the base currency of the unit cell can be found kiuto currency. If you sell British Pound udaharanasbarupah 1 1.51 5 UK. S.. Receive $.
The base currency of the cell by the foundation. If EUR / USD by, you are buying the base currency EUR and the USD currency kiuto are sold. Simple words, EUR buying, USD selling.
If you believe that you do by currency, but currency than the base currency is strong. If you think you have the cell but currency than the base currency is weakening.
Long / short (long / short):
First you need to decide by you do not know the cell.
If you want to by (the base currency is bought and sold currency), it means that you are trying to increase the price of the base currency and sell it to pay the high price. The traders in the long (long) or long positions taken. Remember, Long Bi = (long = buy).
If you would like to Cell (base currency to be sold and bought kiuto currency), that means you want to reduce the price of the base currency and let you buy it more at low prices. The traders in the short (short) or short positions taken. Remember, short = cell (short = sell).
Bid / Ask (bid / ask):
Show all forex is the last price. Bid and Ask. Almost all cases Bid Price, Ask Price is less.
The bid price is the price of a currency broker wants to buy the base currency. The cell is the best price for the bid.
Ask the price the price of a currency broker instead of wants to sell the base currency. In other words, by Ask for the best price.
Bid and Ask's different spreads (spread) is known.
EUR / USD - The the bid price is 1.3456 and 1.3458 is Ask price.
In other words, the spread is 2 pips.
If you click on the cell to 1.3456 - do the cell. And by the click, you 1.3458 - by the will.
0 comments:
Post a Comment