Prices of foreign currency has never were in stable condition. It moves, and sometimes with terrifying speed.
Nominal currency movement is all we have observed the motion. The actual movement - the nominal motion resolved by the variance of inflation.
Transactions in the Forex.
To make payments, banks maintain sufficient funds in circulation in all major currencies. Dealers then people who are directly involved in the daily auction of foreign currency. Buying and selling of one currency for another at an agreed price at a specified delivery date, and at the specified account. Then traders closed long and short positions by buying or selling.
Predicting the market Forex.
Predicting the movement of prices of foreign currency is not a science, a whole art. However, there are several approaches for a good result. The dealer should always be aware of the events market stocks, bonds and commodities.
Market sentiment can change very quickly. For economic and financial indicators should be continued monitoring to take action in time.
Market rumors precede going political and economic events. If the rumor - standing, the market will respond accordingly, and the event in the future will not cause any changes in market conditions. As the rumors Buy-sell the facts.
A limited intervention of central banks in due course could bring the market to turn.
Major currencies, comprising the bulk of the market Forex, is not difficult to guess. They are the calling card of those countries that dictate the rules of "game" the rest of the world. This British Pound Sterling, Swiss Franc, Japanese Yen, Euro, came to replace the German mark, and, of course, the U.S. dollar. However, Forex is not a "market" in the traditional sense of the word. He has no specific place of trade, such as currency futures. Trading occurs over the telephone and through computer terminals simultaneously in hundreds of banks worldwide. Another significant difference is that the Forex market operates around the clock throughout the work week. Almost each time zones (London, New York, Tokyo, Hong Kong, Sydney) has dealers willing to exchange one currency for another.
The popularity of stock market game is growing every year, was carried away for a increasing number of people. To successfully play the market, it is necessary, first, to better understand the foundations of the question: What is Exchange, what are its mechanisms, what is required of the party and in general - how to earn it?
So what is the game on the stock exchange? Or, in other words - speculation on the sale of financial assets (stocks, currencies, indices)? This process of extracting profit from the movements of the value of these financial assets. The Basic Law of the exchange game - it is cheaper to buy and sell подороже (or vice versa - to sell more and buy less). It would seem - that there are complex? And the complexity of the issue that the market except for you, there are many other traders (people engaged in trading in this market itself), who seek the same, as you are. But, of course, to win to remain far from all participants. That goal: to bypass, defeat, and make a profit.
The process of the game conditional on the stock exchange takes a few steps:
1. To get started, you need to select markets and expected to play Exchange. This may be the stock market, currency market Forex (Forex), etc. There is also a commodity market, where transactions take place with the tangible things (eg, oil). And yet there is a market of so-called derivatives, which include, inter alia, options and futures.
2. For a successful game on the exchange of knowledge, as the exchange is set up and the market and what the features on any stock exchange. It is believed that the highest level of risk - in the foreign exchange market. It is akin to a casino: it could instantly become rich, and instantly bust. For a more cautious - the stock or commodity markets. There is no maintenance of leverage, ie the «players» risking only their own funds.
3. After selecting the Stock Exchange should choose a broker (a financial intermediary involved in the sale of securities by and on behalf of a client). Of the services of the brokerage company you choose, in many ways and will depend on the success of your stock market game. We pay attention to the comfort of cooperation with the broker, the trade environment, the history of the brokerage company and for other traders.
4. The aim of the next phase - intelligently compare developments and predict the «movement» of prices on the exchange. It will make a technical analysis, charts and diagrams. As a good result - a good prognosis, the choice of the best moments for opening and closing of positions and in the end - a long-awaited return.
5. The final phase - the opening and closing positions. This you will do with orders (will not dwell on this detail).
Embarked on the road to stock the game, be sure to remember: the game, which is always a high proportion of risk. Risk being left without their attachments. Therefore, it can be as a training experiment with a demo account - it will allow to take part in virtual money to real ex