Free Elliott Wave Course
Low Risk/High Reward tradeswith our unique isolation approach
Unlike trading on the stock market, the forex market is not conducted by a central exchange, but on the “interbank” market, which is thought of as an OTC (over the counter) market. Trading takes place directly between the two counterparts necessary to make a trade, whether over the telephone or on electronic networks all over the world. The main centres for trading are Sydney, Tokyo, London, Frankfurt and New York. This worldwide distribution of trading centres means that the forex market is a 24-hour market.Automated Trading SystemAutomated Forex Buy/Sell Signals, 700 pips per month, Average ProfitHow To Trade The Forex Market With A Secret Trading Formula Only a Handful Of Traders Know. ... You learn everything you need to know about trading forex.Be part of the fast growing online Forex community - we offer Forex trading, Forex and Currency Training, Forex Forum and Forex Support, trailing stops ...Trading on MarginTrading on margin means that you can buy and sell assets that represent more value than the capital in your account.
Forex Trading Made Easy
A Simple Strategy to Make The ForexMarkets Your Personal Cash Machine!
Forex trading is usually conducted with relatively small margin deposits. This is useful since it permits investors to exploit currency exchange rate fluctuations which tend to be very small. A margin of 1.0% means you can trade up to USD 1,000,000 even though you only have $10,000 in your account. A margin of 1% corresponds to a 100:1 leverage (or 'gearing'). (Because USD 10,000 is 1% of USD 1,000,000.) Using this much leverage enables you to make profits very quickly, but there is also a greater risk of incurring large losses and even being completely wiped out. Therefore, it is inadvisable to maximise your leveraging as the risks can be very high. For more information on the trading conditions of Saxo Bank, go to the Account Summary on your SaxoTrader and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.Trading ForexA currency trade is the simultaneous buying of one currency and selling of another one. The currency combination used in the trade is called a cross (for example, the Euro/US Dollar, or the GB Pound/Japanese Yen.). The most commonly traded currencies are the so-called “majors” – EURUSD , USDJPY , USDCHF and GBPUSD .The most important forex market is the spot market as it has the largest volume. The market is called the spot market because trades are settled immediately, or “on the spot”. In practice this means two banking days.Why trade Forex?24 hour trading One of the major advantages of trading forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.Superior liquidityThe forex market is so liquid that there are always buyers and sellers to trade with. The liquidity of this market, especially that of the major currencies, helps ensure price stability and narrow spreads. The liquidity comes mainly from banks that provide liquidity to investors, companies, institutions and other currency market players.No commissionsThe fact that forex is often traded without commissions makes it very attractive as an investment opportunity for investors who want to deal on a frequent basis. Trading the “majors” is also cheaper than trading other cross because of the high level of liquidity. For more information on the trading conditions of Saxo Bank, go to the Account Summary on your SaxoTrader and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.100:1 LeverageLeverage (gearing) enables you to hold a position worth up to 100 times more than your margin deposit. For example, a USD 10,000 deposit can command positions of up to USD 1,000,000 through leverage. You can leverage the first USD 25,000 of your investment up to 100 times and additional collateral up to 50 times.Profit potential in falling marketsSince the market is constantly moving, there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency. When you trade currencies, they literally work against each other. If the EURUSD declines, for example, it is because the U.S. dollar gets stronger against the Euro and vice versa. So, if you think the EURUSD will decline (that is, that the Euro will weaken versus the dollar), you would sell EUR now and then later you buy Euro back at a lower price and take your profits. The opposite trading scenario would occur if the EURUSD appreciates. Our Referring Party Program is an easy way for you to offer forex trading to your customer base. Comparable to the introducing brokers in the futures trading business, you and your organization receive significant referral payouts for introducing business to Global Forex Trading.When compared to other trading products you can offer your customers, forex trading allows for a greater probability for your organization to meet and exceed its overall sales goals. We support a referring party network of large and small introducing organizations throughout the world, managing billions of dollars in forex trading volume.“We welcome you and look forward to assisting you every step of the way. By leveraging our experience, processes and technology, you can stay focused on what you do best to meet your business needs and sales goals.”As the first step, please complete the form below so we can connect you to the appropriate GFT professional who can assist you with our Referring Parties Program.
Saturday, January 27, 2007
Subscribe to:
Post Comments (Atom)
1 comment:
Forex products training and robots
Post a Comment