What is forex trade?

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; 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. About 85 percent of all daily transactions
Involve trading of the major currencies.

What is forex trade?

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The unique aspect of forex trade

The unique aspect of this international market is that there is no central marketplace for currency exchange. Rather, trade is conducted electronically over-the-counter (OTC), all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney - across almost every time zone. This means that when the trading day in the U.S. ends, the forex market begins anew in Tokyo and Hong Kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.

The unique aspect of forex trade

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Why forex trade

The place why currencies are traded is the foreign exchange market. Since currencies need to be exchanged in order to facilitate foreign trade and business, the importance of the forex trade. One has to pay a particular country in its currency for a transaction made with that country. For instant, if you are living in the U.S. and want to buy cheese from France, either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the Egyptian pound, at the current exchange rate.

Why forex trade

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What forex trade is

Foreign exchange is one of the most exciting, fast-paced markets around. Recently, trading in the forex market had been the domain of large financial institutions, corporations, central banks, hedge funds and extremely wealthy individuals. The forex market provides plenty of opportunity for investors.
Extreme liquidity and the availability of high leverage have helped to spur the market's rapid growth and made it the ideal place for many traders. Positions can be opened and closed within minutes or can be held for months. Currency prices are based on objective considerations of supply and demand and cannot be manipulated easily because the size of the market does not allow even the largest players, such as central banks, to move prices at will.

What forex trade is

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GBPAUD Julio 2015

Antes de abrir la Sesión Americana, se puede observar que el par se muestra por encima de la 55 SMA y por encima de la banda de bollinger de manera moderada, además el precio se encuentra por encima del cierre de ayer 2.09581 en naranja y por debajo del máximo de ayer 2.12050 en azul Tendencia es En Alza
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GBPAUD Julio 2015

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CHFJPY Julio 2015

Antes de abrir la Sesión Americana, se puede observar que el par se muestra por debajo de la 55 SMA y por debajo de la banda de bollinger de manera acelerada, además el precio se encuentra por debajo del cierre de ayer 129.20100 en naranja y por encima del mínimo de ayer 128.81100 en rojo Tendencia es En Baja
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CHFJPY Julio 2015

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EHE - Estia Health

EHE is in the same aged care/retirement home business as REG and AOG (as examples) and both of these stocks have done very well over the past few months. This gives me a little more confidence in EHE as a possible break out trade, not that I needed that as the chart looks good in its own right.



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