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Thread: What is forex?

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    Forex Market
    * foreign-exchange market referred to as "Forex" or "FX" is the market where currencies are traded.

    * The Forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day.

    * There is no physical substance for currency exchange market, that's why it is considered an over the counter market. Trade is conducted over-the-counter. The Forex market is open 24 hours a day, five days a week, with currencies being traded worldwide among the major financial centers of London, New York, Tokyo, Zrich, Frankfurt, Hong Kong, Singapore, Paris and Sydney - covering most time zones.


    The Forex market has gained a lot of attention recently, the fact that this market is the most liquid and highest leveraged market brought millions of investors all over the world aboard, all seeking for opportunities to gain abnormal profits resulting from longing and shorting currencies against each other.

    sm_smile

    The old and everlasting trade off between risk and return counts the most in the Forex market, while it offers great opportunities for investors to gain on their investments, the characteristics of the Forex market also carries great risks due to the huge amount of leverage and market volatility, and that's why it is recommended for those who are interested in investing their wealth in this market to be careful and aware of all risks surrounding this type of investment, sticking to the risk management strategies and recommendations that will help to protect their belongings, and assure a reasonable amount of return on investment.



    Finiched

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    hi everyone,
    am new in this market,
    and want to know each & every things related to this market.
    plz will u help me out?

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    Hi there and welcome to the forum. In this category yu can see a lot of tutorials. There tended for beginners and experts. If you still feel incomplete with what you have read here you better babypipsdotcom..

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    Quote Originally Posted by onlinetrader View Post
    hi everyone,
    am new in this market,
    and want to know each & every things related to this market.
    plz will u help me out?
    ]

    go to online trading section you will find best resources
    also the books and videos section

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    Forex is one business that can now be done online where only traders who do this transaction because the forex business is open for 24 hours in each market session, and therefore many are doing it because trader forex business has excellent potential risk of loss even though it actually has a large as well.

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    Those who benefit from forex, don't stay online for too long. They just post their trades, put in stop loss and take profits and close their computer. The next time they check back, they are either in a close profit trade or a closed lost trade

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    Moderator cool user Resolve's Avatar
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    Quote Originally Posted by janknoah View Post
    Those who benefit from forex, don't stay online for too long. They just post their trades, put in stop loss and take profits and close their computer. The next time they check back, they are either in a close profit trade or a closed lost trade
    Some times we need to monitor the trades so that we know which are the trades that are going to give us more profits

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    to monitor price movements may be performed by observing the opening and closing of each market session, so that not a day in front of the computer to see the price movement.

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    Market Maker enjoylife's Avatar
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    Forex means exchange of foreign currencies on current market prices which is done usually in pairs and it is driven by demand and supply factors .

  10. #10
    sarakhan
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    Forex is stand for foreign exchange. When one speaks of a forex profit or loss, he is talking about the increased or decreased value of an investment caused solely by currency movements.

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    The forex market is useful because it helps enable trade and transactions between countries, and it also allows an investment opportunity for risk seeking investors who don't mind engaging in speculation.

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    Quote Originally Posted by adnan10076 View Post
    The forex market is useful because it helps enable trade and transactions between countries, and it also allows an investment opportunity for risk seeking investors who don't mind engaging in speculation.
    because the forex is a business that can be very profitable if the trader can use this business opportunity properly to be able to generate much profit to be obtained in accordance with the risk of loss but also because this forex is high risk as well.

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    Quote Originally Posted by onlinetrader View Post
    hi everyone,
    am new in this market,
    and want to know each & every things related to this market.
    plz will u help me out?
    ya why not every one will help you....you ask a question about some thing related to that thread, and install demo account platform for your practice..

  14. #14
    tunefx
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    Forex signifies exchange of unknown currencies about current market prices that is done commonly with regard to pairs and in addition it's driven by demand plus provide aspects.

  15. #15
    seahawks90
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    we all know that forex is a place where we trade with various currency pairs like USD/JPY, EUR/USD etc and its a market which is 24 x 5 , so traders can do trading 24 hours but only for 5 days and on Saturday and Sunday market remains closed.

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