Forex trading is exciting. The market is always in motion and all
Minor changes in exchange rates, and gains and losses as a result of hundreds and even
Thousands of dollars!
We will see how this can happen:
General, eight of the most commonly traded currencies in the forex market:
U.S. dollars
Euro €
Pound Sterling Pound Sterling
Japanese Yen
CAD Canadian dollar
CHF Swiss franc
New Zealand dollar New Zealand Dollar
Office of the Inspector General Australian Dollar
Are always in pairs of foreign currencies, since all trade is that while
Buy one currency and selling another currency. On trade
18 major currency pairs.
If you are buying or selling currency pairs, each pair of Bid own demand and prices
For example:
Make some offers
Euro / dollar 1.5420 1.5422
This means you are either:
Now, this pair rate
Says:
1 € / $ 1,5422 for sale
Or,
Sales Manager, and the pair with the rate of
Says:
1 Selling EUR / $ 1.5420 Buy
Well, but where is the opportunity for profit?
Rate currencies volatile and constantly changing.
One way by buying a pair of profit, and sell them at higher interest.
The second way is to sell the couple to buy at a lower price.
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