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In this blog you will learn how to trade with forex and the binary option.
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What is Forex?
Forex, Foreign Exchange.Forex acronym for most of the international financial market in the world. Acting with an estimated US $ 1.5 trillion in currencies daily and provides income for millions of Forex traders and big banks worldwide. However, the market is so big that there in the volume of the NYSE (New York Exchange Edition) under the $ 20 billion daily needs almost three months to the day, as much as six hundred by trade in the name.Unlike forex financial market actually collybo not bound. The first name is over-the-counter (OTC) of the first name on or off.
Purpose of FX trading
First name foreign currency is regarded as the mechanism for mutual exchange. Furthermore, an individual, or purchased from the support of a currency at the same time and sold the other in the transaction. Currency pairs, where the love always and everything is sold in the following notation: EUR / CHF and USD / Yen. The exchange rate is determined by the interaction between trade, have to do with supply and demand.Other People's Exchange Traders that generate gains or losses, speculating on a rise or fall in the value of the currency, if they compared to other currency. Negotiator win money to buy or sell, losing more money in advance of any expected value. The value of money, depending on the condition of that the image of a simple exposition of tougher measures, the economy and the country's economy. In the forex market, not of any particular biochemical techniques. An economy or reducing the amount in a recession, money or any businessman to earn their money to buy or sell. Reactive trading is not buying or selling currencies in response to economic or political events, while the speculative trading based on a merchant in anticipation of the event.
