Welcome to our Blog


The Blog is dedicated to the readers, who are interested in Forex market. Many articles about Forextrade will be as good for the beginner as for the experienced one. The articles are written by different authors, who share their works with you or simply provide information about Forex. We are sure that you’ll find everything you need on this topic. Our database covers Many articles, casting light on numerous topics about Forex and trading process on the exchange. Visit our site as frequently as possible, because our article base is growing from time to time. If it is difficult to navigate through the site you, you can use the form to find the necessary article, just enter the word and click «search». We hope you’ll have success with what you have found and your problems will be solved. Stay with us and Forex! Good Luck

Thursday, March 31, 2011

Your Guide To Successful Forex Trading

If you were wondering; forex trading is nothing more than direct access trading of different types of foreign currencies. In the past, foreign exchange trading was mostly limited to large banks and institutional traders however; recent technological advancements have made it so that small traders can also take advantage of the many benefits of forex trading just by using the various online trading platforms to trade.
The currencies of the world are on a floating exchange rate, and they are always traded in pairs Euro/Dollar, Dollar/Yen, etc. About 85 percent of all daily transactions involve trading of the major currencies.
Four major currency pairs are usually used for investment purposes. They are: Euro against US dollar, US dollar against Japanese yen, British pound against US dollar, and US dollar against Swiss franc. Right now I will show you how they look in the trading market: EUR/USD, USD/JPY, GBP/USD, and USD/CHF. As a note you should know that no dividends are paid on currencies.

No comments:

Post a Comment

Enter your email address:

x

Get Our Latest Posts Via Email - It's Free

Enter your email address:

Delivered by HotMazia