Category: Finance

Forex Trading Is Driven by Five Top Economic Indicators

There are many factors that affect Forex trading. ProfitBall is important to know and understand the various factors that lead to the volatility of the Forex market from day to day. The exchange market is changing according to economic factors that play a role in influencing the movement of currencies.

Indicators and economic factors are issued by governments or specialized organizations that have the ability to look deeply at economic performance. These indicators can be used to analyze the economic performance of any country. Economic reports measure the country’s economic strength as well as government policies and current events.

For the most part, speculators with good reputation can look at economic indicators and determine which ones can be better traded. Reports on these indicators are issued on schedule and can give information on whether a particular country is facing economic improvement or that the country’s economy is in decline. When prices fluctuate, which gives good chances in one way or another, the price of the currency is heavily affected.

Current events and the state of the economy in a particular country is one of the main economic indicators that are used when analyzing the Forex market. Factors such as inflation figures, housing statistics and the current state of the country’s government can all affect the Forex market. When a country is optimistic about its current economic situation, the price of the country’s currency in the Forex market will reflect this. While the state faces a state of political instability or a large number of unemployed or inflation, the exchange rate of this country will also reflect this in the market. Sometimes, ProfitBall indicator may be ignored, but it can play an important role in measuring volatility in the Forex market.

ProfitBall

ProfitBall

GDP or GDP is one of the other key indicators that are used when looking at the currency market. GDP is the broadest and most comprehensive measure of the economic situation in a particular country, representing the total value of all goods and services produced in that country. This is usually measured every year, not weeks and months, because large time frames give more accurate statistics on goods and services produced in the country. This indicator is not used alone in predicting the Forex market. GDP is a lagging indicator, meaning that it is a measure of changes that come after the economy has taken a course.

Retail sales are the third economic indicator to be used in Forex market analysis. Total sales are expressed in all retail stores in a country. Usually, the measurement does not cover all types of retail sales, but is limited to a sample of retailers throughout the country. This indicator is an important and documented economic factor because it gives an insight into the patterns of consumer spending expected during the year. This factor is one of the most important indicators in the late indicators, which gives a clearer picture of the economic situation in any country.

Another important economic indicator seen in the currency market is the Industrial Production Report. This report shows the fluctuations of production in diverse areas such as factories and utilities. This report focuses on actual production in the light of potential production capacity over a given period of time. When a country produces its maximum capacity, it has a positive impact on Forex and is an ideal position for traders.

The CPI or CPI is the latest critical economic indicator in Forex market analysis. The Consumer Price Index (CPI) is a measure of change in the prices of about 200 consumer goods. ProfitBall indicator can tell us whether a country gains or loses money in its products and services. Exports exported by a country also have great importance when considering this indicator because the amount of exports reflects the weakness or strength of the state.

The Forex market is influenced by many factors. These factors usually follow a certain trend so it is important to understand how each indicator works while you use it to predict the Forex market. Some of these good indicators can be used alone and others should be used in conjunction with other indicators to reach accurate forecasts on the Forex market.

Trading Currency Through Online Forex Brokers

Access to the Forex market, the largest market on the planet, is usually through an intermediary known as the Forex broker. Similar to the stock broker, these clients can also advise on forex trading strategies. These tips that are provided to customers extend to providing technical analysis and research designed to improve customer performance in Forex trading.

Financial institutions usually have the greatest impact on the Forex market through trading volumes and large currency transactions. Historically, banks have had monopoly access to Forex markets, but over the Internet, any forex trader has access to the market 24 hours a day through the Forex broker.

Secure Internet connections in today’s world allow many Forex traders to work from home, and are equipped to facilitate access to news and other technical information that enables traders to know the best deals that can be opened. Similar moves are carried out by stock brokers, who have moved away from banks and other traditional institutions.

What you will need in the market will affect your choice of forex broker. Online brokerage firms, known as homes, offer the market to new traders through detailed research, advice and simulation systems to teach how to use their Forex trading tools. The experienced forex broker is made possible through brokerage houses, through in-depth advice but with a lower focus on Forex trading institutions based on the assumption that you are used to the market. To make informed decisions, it is advisable to try a number of online Forex brokers to find out the 1K Daily Profit Software trading tools they provide and choose the most suitable ones for your needs.

$1K Daily Profit

$1K Daily Profit

How to Save Yourself from Forex Scam

In today’s world, Forex trading has become the best job available on the Internet that can be done from home. Big sharks know this and take advantage of a great demand for information about the Forex market to accumulate any money they can reach their hands.

who are they ? The answer is always easy – follow the money. There is always one player in the currency market (and in all other markets) who never loses his money in any trading deal. Forex brokers often claim they do not get any coins, right? But you always pay between three and ten points at a minimum fee for each transaction. Do you see where these three and ten points go? Guess as much as you can!

There is almost no chance for anyone who has no idea of ​​the driving force of the Forex market in protecting itself from theft and fraud by these money machines that advertise themselves well. You can see their ads with your email provider and you’ll see their ad campaigns on all TV channels.

Be sure to have these big fish and make sure that the information they sell to you can be found on the Internet and for free. In most cases, the true value and quality of this free information is much better than the one you are asked to pay for.

I will tell you the story of my dear friend. The man was very happy when he first heard about the Forex market. This happened as usual in one of the free forex seminars organized by one of the big sharks in the field of Forex. That’s why my friend received the sting without even wrapping himself up to the shark he signed up and went to the next level – only two days of training for $ 1995.

My friend came out of this short session and was happier. He opened a trading account for Forex during this seminar through a special form provided by the big shark company. Tell them honestly that opening an account through them in accordance with an agreement with one of the forex brokers will make them bear only one point for each deal they do as long as they are involved by this seminar.

My friend started real trading and continuously increased his investment until he put almost all his savings into the Forex trading account. Everything was going well until the morning of a beautiful October day. On this date received the following news: Forex broker dealing with him occurred under Chapter 11.

The man seemed devastated by this harsh experience. I asked him how successful he had been in trade. He replied that he actually lost about 30% of his investment during the previous trade. Clearly, it was easy for my friend to admit that the 1K Daily Profit System training he received was not enough at all or even close enough to allow him to start trading with real money.

There was something big missing in this story. The man has missed the big picture of the whole game. His trading experience was very frustrating. After every deal he felt he had hit a car running at 100 miles an hour.

A few days later my friend called me on the phone. He was very enthusiastic about a new Forex training package, which he had just received. This time I decided to check it myself too.

The package was very detailed. All the missing information about the big picture I found here. Over 20 hours of free videos that reveal everything you need to know about working in Forex. Their approach to approaching the Forex market was very smooth and on a level that would enable all traders, both beginners and professionals, to benefit greatly from the material provided.

The only advantage was that the information contained in it, which can be estimated at between $ 3,000 and $ 10,000, was completely free.

To get something valuable about forex trading, something that has been developed professionally and even for free.

Maybe this will put the big sharks on hold for a while, but for the benefit of all of us.

Therefore, be cautious and keep your eyes open to free and unlimited sources of Internet information if you are to protect yourself from marketing tricks in the Forex market.

I wish you a happy Forex trading!

Forex: What Should You Remember as a Beginner?

I spent a lot of time researching Forex before I finally started practicing. During my research, I came across a number of articles focusing on Forex trading tips that I share with you here. It is important to look at these tips as Forex has become a source of heavy losses for less knowledgeable and experienced traders. We recommend that you do your duty before you join the Hydra APP Review. Here are some ways you can avoid trading problems:

Know yourself as a trader

Know yourself well enough to stand up for your motives as a trader. Traders often see that in order for you to know the market, you need to know yourself first. One of your most important responsibilities in this regard is to make sure that you do not fail or increase your trading capital and the degree of risk tolerance. Know your financial objectives accurately so that you can analyze your level of risk tolerance.

Set precise goals

Make sure your financial goals are set correctly. Once you understand exactly what you want to achieve from trading, you will be able to draw your plans more clearly. What are you trying to access through Forex? Do you rely heavily on trading? Or is it just a way to earn extra income? Once you are fully aware of your goals of trading you must determine the timeframe within which you are trying to achieve these goals. Will you be able to complete your education – which also involves mastering the methods of trial and error – within the specified time frame?

Start with a small amount

It is important to start using small amounts and to increase account size through gains rather than by injecting more deposits. Some traders believe that large accounts provide opportunities for greater gains, but you should always remember that the risk of losing losses is also significant in this case. I think if you managed to keep your account size large with the profits you get from trading, it would be fine. But there is no point behind pumping money into an account that does not generate any return.

Follow the wisdom of choosing a mediator

Be sure to follow the wisdom of choosing a mediator. No matter how often traders make mistakes when choosing a broker, it is important to keep in mind that the bad broker may go for nothing. Make sure that the rolling program fits your needs perfectly. The broker should allow traders sufficient time to trade using a demo account. Efficient and ready-to-use customer service is also an important factor in the right broker.

Take control of your feelings

Take control of your feelings. This may be one of the few important battles that every trader should engage in. Feelings such as enthusiasm, greed, excitement and nervousness are common in the trading world. In the end, traders are exposed to these feelings. But be aware that you should not allow any of these feelings to take control of you. Hydra APP Review is therefore always recommended that investors begin trading with small amounts to minimize the chance of risk so that they can achieve their long-term goals. At first, we must get used to the feeling that we will feel if we suffer losses. We do not need to say that dealing with minor losses is easier. The more we are willing to give ourselves more time, the greater our ability to reduce the emotional impact of great gains and losses. Any excess of these feelings may obscure the alternatives that are available to trade heavily.

Hydra APP Review

Hydra APP Review

Is It Possible to Trade Forex on a Part-Time Basis with Success?

Forex Trading is a new and promising market for aspiring individuals who want to test their skills in a competitive environment with the right to huge profits. Mastering forex trading is not easy, you need to commit to devote some time and effort to learn and practice on how to trade, this is necessary before achieving any desired results and on any level. This fact may sometimes upset some potential traders to the extent that they may be forced to abandon the idea of ​​currency trading due to the constraints imposed on their times and their normal lives. In this article we will take a look at the reasonableness of the experience of currency trading in part to the average person.

Perhaps the most obvious advantage of Forex trading is the almost unlimited degree of flexibility we can find in this market. The partial nature of the graphs means that ignoring the costs of the broker or trading, whether in the long run or short, are essential, no less important than technical analysis. On the other hand, dealing from the point of view of fundamental analysis means the possibility of applying completely different methods when choosing between trade in the short or long term.

So one can be a Forex trader for some time, either long term or short, but he will have to use different options as well as the need to change the approach he will adopt in trading. Part-time rolling in the short term will have to follow fully the technical approach along with applying the rules of Hydra APP Review with utmost precision and discipline. In this case, the timing of entry will not mean much but it would be highly advisable to avoid periods of high volatility unless one has enough time to absorb the continuous flow of market news. As such, part-time traders will prefer to deal with a quiet market and fairly stable trades dominated by technical factors. This scenario can often be found just before closing hours.

As for the part-time trader in the long run, he will have to choose the market entry times accurately. Since the long term trading center requires a deep understanding and analysis, it is important that the actual performance of the trade precedes a period of deep and accurate analysis. The main advantage of trading in a fundamental and long-term approach is to provide great potential for both huge profits and risk reduction when compared to other assumptions. Long term traders should use lower leverage levels because they will have to keep trading positions open for a long time and thus avoiding market volatility will make use of high or even moderate leverage levels to be avoided in order to reduce the probability of loss. The existence of clear criteria determining the conditions of closing the trading center.

In fact, it is not possible to make a decision about the company most suitable for the experience of trading full-time only by reading the reviews of forex brokers on the Internet or go behind the assessments available. You will need to go on your own to actually test the company for some time. Because the part-time trader needs a high degree of accuracy and reliability from the broker who deals with him because he can not bear the failure of the trading platform used in the few times that will be available to him to sit on the Internet and start trading. For this, check your choices; But in any case, Forex trading for some time is a practical choice as long as it has enough training.

10 Drawbacks of Harmonic Pattern Trading

The price of all assets traded within the financial market moves in cycles. These courses tend to replicate themselves and then form geometric patterns. Studies have shown that the ribs that make up these unique geometric patterns are linked to each other through Fibonacci ratios. Each of these patterns is referred to as a different name, usually an animal name, as shown in the graph. As these patterns evolve naturally, they are referred to as consensual patterns.

Through harmonic models, the Tera APP trader can determine the price level at which the price can be subject to a reversal. Thus, it gives an early entry feature to the trader as long as the validity of expectations is shown. However, like any other trading system, the harmonic pattern has some flaws. This article discusses the main disadvantages of harmonic trading or harmonic model.

Forex Trading

Forex Trading

1. It has too many patterns

The ribs forming the harmonic pattern are always linked to Fibonacci ratios, which is the focus of price movements. Hence, harmonic patterns are based mainly on Fibonacci ratios. If there is one pattern, the trader may be able to remember those ratios. On the contrary, there are at least half a dozen of harmonic models (bat, butterfly, crab, AB = CD, Gartley, etc.) and thus, it becomes difficult for the trader to study, remember, and identify those patterns without using specialized software or indicators. In addition, the trader finds it difficult not only to identify the harmonic model that is likely to achieve successes but also the model that would provide significant gains.

2. Contradictory signals

This is the most common problem faced by novices. Harmonic models, evolving in different time frames, may show conflicting signals. So much so that we may see two bullish and bearish models at the same time. Which may create a kind of confusion in the minds of traders. The USD / JPY chart below shows a bearish harmonic pattern in the 15-minute timeframe and another Harmonic pattern of the ascending bull in the 30-minute timeframe. In such circumstances, only prior trading experience will enable the trader to assess the situation and make a sound decision on the trading. Just knowing the harmonic pattern will not be enough:

3. High probability of losing contact

Traders who strictly follow the harmonic trading rules confirm the accuracy of entry levels and stop loss levels. However, it can be understood that entry rules and stop loss are susceptible to manipulation by key players and can become a major flaw. In the Forex market, a few points in the potential reversal zone (PRZ) may be more than enough to trigger stop loss orders easily during periods of price volatility.

4. Forecasting accessories

Although harmonic models are generally seen as a specific set of trading rules, this is not always the case. In many compatibility models, the ribs that form the compatibility pattern can have extensions. For example, in AB = CD, the length of the CD leg can be either 1.27 or 1.618 from the length of the AB leg. In such circumstances, the professionals calculate the possible length of the CD leg by studying the BC leg. Needless to say, experience is the only source through which these techniques can be learned and thus we get rid of the concept of smart decision making by learning compatibility models.

5. Time frame

Harmonic models only deal with the ratio between price fluctuations. TeraAPP does not mention anything about the time frame you choose or the time needed to achieve or violate a particular pattern. Furthermore, compatibility models are mostly used by swing traders who hold an open position for several days. Harmonic trading is not commensurate with short-term time frames and trading day in general.

6. Pure technical model

Consensual models are based on the assumption that humans tend to repeat past behavior even unconsciously. If the fundamentals of financial assets have changed radically, the pattern will surely fail. A professional trader must attach importance to the fundamentals that strengthen or weaken the currency. When a large number of traders place orders to buy or sell just because the pattern refers to a bounce at a certain point, if the whole thing becomes a self-fulfilling prophecy. The Smart Capital Manager can easily transfer stop-loss orders very quickly at any given time. While there is no denying that short-term fluctuations can not always be explained by economic data, still, placing a buy or sell order that entirely depends on the harmonic pattern is certainly not a wise decision.

7. Style can be changed to other style

There is no guarantee that the harmonic pattern will complete as expected. The ribs can stretch leading to model failure. Moreover, the pattern can also turn into another style. Let’s assume that the Gartley model evolves in the price chart. AB should be equal to the CD leg. However, CD regression may not be equal to AB. To represent the last high swing with X, then in the harmonic Gartley model, point B and D should not exceed point X, while point C should not exceed A. If D exceeds point X, the pattern becomes a failure. In addition, the pattern can be transformed into harmonic Butterfly pattern. This prospect would put the novice trader into a dilemma.

8. Issues related to the potential bounce area (PRZ)

In some harmonic models, there is a potential reversal region where the price is composed of many ratios of Fibonacci. The issue is that the levels shown by Fibonacci ratios may be more than 50 points. For example, the ratios that make up the potential reversal levels in the Gartley model are 0.786 XA, 1.27 BC, and 1.618 BC. Moreover, the level at which AB = CD can eventually achieve a potential reversal area. Therefore, it is not possible to place an order immediately and wait for the price to reach the potential reversal area. So the retailer should constantly monitor the formation of bottoms or higher price peaks to enter into a buying or selling position. This makes the model-based harmonic structure a complex process.

9. Graphs Idiots

When you look at the price chart you find it particularly inaccurate when you attach the harmonic pattern on the chart. Early-dated traders are often advised to keep the price chart clean so that support and resistance levels can be clearly seen. Having multiple lines on the price chart would distract the trader from significant levels.

10. Abundance of new patterns

There is no paucity in claims for new compatibility models on the Internet. There are slight differences in style between the six harmonic patterns. In fact, such claims add another dimension to the complexity of the circulation of harmonic models. .

There is no doubt that harmonized models provide a degree of excellence to the Tera APP Scam trader. However, experience, practical experience and compliance with rules, such as turtle traders, are the most important to success in trading.

Trading Trend and Ranges in Today’s Forex

First, what is Forex: Forex or the currency exchange market is the largest financial markets in the world, where more than $ 1.5 trillion per day traded in currency trading. Unlike other financial markets, the Forex market has no physical place or central exchange. Trading takes place through an electronic network of banks, companies and individuals trading in a country’s currency against another currency.

Forex Trading

Forex Trading

If you choose to start your HB Swiss forex Trading business, which is usually called the foreign exchange market, you will need to know some trading terms. Learning certain terms and what they mean is essential before you even think about starting to use real money in the trade. You will never sit on the pilot’s seat and try to fly by plane without getting flight lessons. The same applies to the currency trading market you will need to fully understand what you intend to do. This market is difficult to learn quickly, so you should never assume that once you enter it you will be able to know all the things related to it. While some people choose to do this, they usually end up losing a large amount of their money because they have not prepared themselves as they should. Knowing the importance of trends and trading ranges in Forex trading is crucial. If you are thinking about trading the Forex market you should be sure of your full knowledge of these terms and what they mean.

Trade

When the price moves continuously in one direction in Forex, this leads to a trend. When the trend is higher, this trend is usually called upward. If the direction of price action is down, this trend is usually called bearish. These terms are relative of course. When you define the trend, you should always remember that the peaks and bottoms of the price are in one direction. When dealing with the downtrend, remember that the tops and bottoms of the price are moving down. Similarly when dealing with a rising trend the price action must be higher.

When the trend usually appears, it will be possible to draw support lines under the upward price movement (up trend). You can also draw resistance lines above the price action that takes a down trend. Once you see the break of these points it is possible to assume the completion of the trend. At this point there will be a possibility that the trend will begin to reverse. When it is already reflected you will need to know the model involved.

Trend reversal

When you hear the term trend reversal, this simply means that the direction of the market price is beginning to change. Typically you will see the reflections of the trend following a four-step model. Often, this implies that the price creates a new high, breaks the trend line, the market creates a middle floor and then begins a recovery wave that does not match the top one. Often you will see prices break below the previous bottom though. You may encounter some terms such as peaks, bifurcations, and triangles, all of which are trend reversal models. Head and shoulders models are also common patterns of reflection.

Trading range

The trading range is in fact a side model of the chart. It is usually used to refer to a period of rest before resuming the original trend. You’ll see this when you draw directions and then you should know what that means.

Trends are usually critical for investors. Those interested in tracking the trend are individuals who are looking for major trends and then make their decisions in the direction of the trend. This may be a good strategy, but you should know a lot about trends and the market in general so you can use this method successfully. Beginners are usually not good at tracking trends or using trend tracking techniques. Some important things to keep in mind is that some price movements are not a clear trend. This means that there is no clear trend, which makes tracking methods almost impossible.

Remember that in order to fully understand the issue of collateral, you need to learn the fundamentals that you are moving along with general knowledge of the behavior of the currency exchange market. Beginners do not have to rely heavily on tracking Forex market trends. Once you get more experience you can start looking for more bindings. However, you should be aware that there are different things that affect Forex and these effects can change the trends people expect. Therefore, you must be a skilled trader to be able to rely on trends and ranges alone. Learn these terms and how to distinguish them in the actual market. After all, learning the terms is important, but the ability to see them in the real market will be different.

What Is the .382 Fibonacci Ratio in Forex Trading?

We mentioned in an earlier article that Forex trading using Vipo Nachi is the basis for many of the Forex trading systems used around the world by the winning traders. These systems are based on the famous Vipo Nachi ratios (0.236, .50, 0.382, 0.618, etc.). Each one can specialize in a certain ratio in parallel with other secondary indicators to make the entry and exit points as accurate and profitable as possible.

One of the ratios of Vaipu Nachi which are widely used are 0.382. As can be seen clearly on the Forex chart, currency rates change continuously by following the pattern of volatility with peaks and bottoms. The height limit is usually called resistance and the bottom of the drop is called support.

To find 0.382, what you will do is, first, measure the size of the drop or rise on the time frame you are working on. Once you get the value you multiply it by 0.382. Now depending on what you are looking for, the rise or fall in the price of the particular currency pair you are trading will add the last value you calculated to the total value of the drop or subtract from the total value of the rise.

These operations will give you the level of 0.382 Vipo Nachi, both for the rise or fall on the chart you are analyzing. Once you get this value you can start planning the strategy you will follow in order to maximize the profits possible from this valuable information. For the 0.382 level you calculated for the current pair’s high, the level you calculated will be a very likely level of support and if calculated for the last drop HBSwiss Scam will be a very potential resistance level.

Knowing these market related issues and using appropriate secondary indicators will give you a huge advantage over other forex traders, and this is one of the things many traders want to rely on. For this reason, trade with Vipo Nachi is widely favored around the world and for that reason is profitable and successful.

Clear Chart, Clear Mind

Trade is inherently difficult, let’s start from this point – where odds are often in your favor. It is originally a 50/50 game and a very large number of traders end up in the losing side where their account balances are at zero. To be a constant trader in the Forex market you need to understand what is happening in the market and make logical decisions as much as possible. It requires discipline, determination, patience and concentration. So why do Forex traders make things harder for themselves than they deserve! Why is trading based on variable quotes and confusing charts while any indicator under the sun captures some of your interests? Why do we trade and we are perplexed while we can avoid all that? Hi Simple, Welcome to trading based on price action.

The concept of trading based on price action involves analyzing price movements over time. All things remain simple and clear. There are no confusing signs or confusing charts – price action provides all the signals we need to trade Forex profitably. By analyzing price action – the trader can see that the actions and movements of all market participants change over time. These moves can be interpreted and evidence can be gathered together and used in making profitable trading decisions.

Compared to other trading methods, price trading is easily understood and is a direct tool for predicting price movements. Decisions are made mainly on the basis of a study of market movements over time. Indicators – which can be seen as deformation tools of price action – we do not need them anymore.

The philosophy of price movement is devoid of any confusing elements. It allows forex traders to operate in a region free of confusion and confusion by focusing on the important things alone – price action. To reduce the amount of noise associated with the trading process, price action traders can focus better and make more reasonable decisions. Using indicators during trading can be an advantage for some traders, but this is not the case with most of us. Indicators usually bring only confusion and hesitation. Trying to interpret a huge number of signals at the same time is very difficult even for seasoned traders. So why not try to change it? The main idea here is to focus only on important signals and noise elimination. The price action philosophy is based on the common saying that “the least is the best”, where indicators are removed and graphs become clearer.

The clear chart is what brings the net mind. When you think of a net mind, you are able to make the right trading decisions better. Using and applying price movement philosophy, give you the chance to get better prospects. Of course HB Swiss trading based on price action is not the only way to make profits in Forex, but it’s a simple way to do it. They are easy to understand and implement. Forex trading based on price action is not the Holy Grail, but a step that helps you walk in the right direction.

How Do You Get Money From Forex

In the forex market, you will buy or sell. Trading in the foreign exchange market easy Drink Milk Cup: currency trading is similar to trading with physical objects (cars, houses, food etc …), so if you have experience in the trade will be able to succeed in this area quickly.

The goal of The Binary Option Club Forex currency exchange is in another currency, hoping to change the price, is to increase the currency that will be purchased in order to be able to sell it later and get your interest rate.

Forex Trading

Forex Trading

Exchange Rate

The goal of the exchange rate is to provide a proportion of the value of a currency against another currency. For example, the exchange rate (Euro / US dollar) offers you this piece of information: how much you need of US dollars to buy one euro, or how much you need from euros to buy one US dollar.

How to read read the currency rates

Currency always come in pairs, such as (EUR / USD), (GBP / USD), (USD / JPY). Why it comes in the form of a pair is the nature of currency exchange, when to buy a currency at the same time will sell the currency for them. Here is an example of the exchange rate of the pound sterling against the US dollar:

Currency shown on the left of the slash ( “/”) … called the base currency (in this example, the British pound), while the second started on the right is called the counter currency or secondary currency (in this example, the US dollar).

When you buy, the exchange rate tells you how much you have to pay the secondary currency to buy one unit of the base currency. In the above example, you have to pay US $ 1.51285 to buy pounds Ostrini one.
When selling, the exchange rate tells you what. You will get Binary Option Club Scam from the secondary currency when selling one unit of the base currency. In the example above, you will get 1.51285 US dollars when selling £ 1.

The base currency is the basis of sale and purchase. If you bought a pair (EUR / USD) This means that you simply bought the base currency and the secondary currency sold any buying the euro and selling of the US dollar.

You will want to buy the pair if you think that the fundamental value of the currency will rise, and would consider selling the pair if you think that the base currency will depreciate.

Long / Short (Long / Short)

First, you must take the decision either to buy and sell either. If you want to purchase (buy the base currency and sell the secondary currency), this means that you want the key currency to increase its value to re-sell them at a higher price. Trading in the language, this “long” or “Long” is called. You’ll hear this word (Long) a lot, especially in foreign locations … all of it because it means buying.
Long = buy.

If you want to sell (sell the base currency and buy the secondary currency), this means that you want the basic currency that depreciates to re-buy them at a lower price. Trading in the language, this “short” or “Short-called”
Short sales =

Supply / demand (Bid / Ask)

All currencies are presented different Bsaran: Asking Price (Bid) and the ask price (Ask). The most important thing to remember, or that the offer (Bid) less expensive than demand (Ask).

The asking price (Ask) is the price of the underlying currency, which will sell you the mediator versus secondary currency. Also called on the asking price at the price of the proposal (offer price).

Asking Price (Bid) is the price of the underlying currency, which will be purchased by the mediator (The broker) if it decided to sell the base currency in exchange for the secondary currency.

The difference between the bid and ask price is called (spread).

In the Binary Option Club Software example above bid price (EUR / USD) is 1.34568 The rate request (EUR / USD) is 1.34588 …. spread is to put the offer price from the asking price of any (1.34588 – 1.34568) is equal to 0.0002. Or 2 points or Bibb (2 Pips). We will talk about another topic in the bib.

If you want to buy the euro click on the buy button (Buy) and at a price of 1.34588
If you want to sell the euro on the sale of a button press (Sell) and will sell at a price of 1.34568

I hope that you take advantage of this issue … in the next topic you will learn new concepts. For inquiries and inquiries, please feel free to ask in the comments under the topic, Good luck.