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Thursday 21 April 2011

Forex

First Let Me introduce you that what is Forex:


Forex is the most traded financial market in the world. Every Day 3.2$ trillion worth of currencies are traded all over the world by bank, exchange and individual investors. In Forex World the Trading week begin every monday morning at 10:00 am
The Forex Trade is done for 24 hours and 5 days a week.










How Investors Earn:



This is the main question that how investor earns profit when the currency fluctuate means rise or fall in price of currency the forex traders take advantage of these fluctuation by buying or selling individual currencies. The Forex Traders purchase in expectation of rise in value. Everyday Forex announce economic report which is helpful for trading in forex.Forex traders seek pips( percentage in point )--that is, the measure of profit in their trades. Each pip is worth $10. For example, if you made 20 pips in a single-lot USD/EUR trade, you have made $200. If you traded two lots you made $400, and so on.




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