Foreign Exchange (FOREX) is the arena where a nation's currency is
exchanged for that of another. The foreign exchange market is the
largest financial market in the world, with the equivalent of over $1.9
trillion changing hands daily; more than three times the aggregate
amount of the US Equity and Treasury markets combined. Unlike other
financial markets, the Forex market has no physical location and no
central exchange (off-exchange). It operates through a global network of
banks, corporations and individuals trading one currency for another.
The lack of a physical exchange enables the Forex market to operate on a
24-hour basis, spanning from one zone to another in all the major
financial centers.
Traditionally, retail investors' only means of gaining access to
the foreign exchange market was through banks that transacted large
amounts of currencies for commercial and investment purposes. Trading
volume has increased rapidly over time, especially after exchange rates
were allowed to float freely in 1971. Today, importers and exporters,
international portfolio managers, multinational corporations,
speculators, day traders, long-term holders and hedge funds all use the
FOREX market to pay for goods and services, transact in financial assets
or to reduce the risk of currency movements by hedging their exposure
in other markets.
MG Financial, now operating in over 100 countries, serves all
manner of clients, comprising speculators and strategic traders. Whether
its day-traders looking for short-term gains, or fund managers wanting
to hedge their non-US assets, MGs DealStation allows them to participate
in FOREX trading by providing a combination of live quotes, Real-Time
charts, and news and analysis that attracts traders with an orientation
towards fundamental and/or technical analysis.
First register with us. We will send you a welcome message. if you are interested to buy our
signal package, select and pay the amount accordingly (see payment method). When you
buy a package, we confirm your ID to access the signal page and to be sent email you about
forecasting, entry and exit alert on continue basis. And get signal that may be able to make your
trading more profitable. 1 or 2 time (Once or twice ) in a day, Signal will be provided.
So, by assuring above all the things
" forex pips signal " gives you a guide line for trading to win.
Who owns Forex and where is it located?
It's not owned by anyone in particular. Forex is an Interbank
market, meaning that it's transactions are conducted only between two
participants - seller and the buyer. So as long as existing banking
system will exist, Forex will be here. It's not connected to any
specific country or government organization.
What the working hours of Forex market?
Forex market is open from 22:00 GMT Sunday (opening of Australia
trading session) till 22:00 GMT Friday (closing of USA trading session).
What are the "long" and "short" positions?
Long position is a "buy" position, meaning that this position will be in profit if price goes up.
Short position is a "sell" position, meaning that this position will be in profit if price goes down.
What is the best Forex trading strategy?
There is none. You should constantly develop your own strategies for
every possible market situation, if you want to be in profit. Specific
strategies can only be good for a certain period of time and for certain
currency pairs.
How much money I need to start trading Forex?
With Marketiva you can start trading Forex with as little as $1.
Usually, the minimum amount varies from $100 to $10,000 ($100,000 and
more for Interbank trading).
Your question was not answered here?
Contact me and I will answer it!
Click Hear
