Date of Forex Trading
Before we begin to explain what is trading in the forex market, we would like to offer you a brief history of Forex.
It was created in the foreign exchange market in 1875 with the birth of the monetary system to the gold standard. This system, which are all state registration of their currencies with gold to indicate their value was.The price of gold fluctuates between the currencies and this work on the establishment of currency exchange system.
World War II ended the gold standard monetary system came the Bretton Woods system. This new system was implemented in 1944, where he was the US dollar's status as a reserve currency all over the world. This system did not work too much, and ended in 1971. In 1976 was the establishment of the foreign exchange market with the introduction of floating exchange Osar. In the mid-nineties of the twentieth century, taking trading in the forex market high on the huge electronic markets that are used to today.
Modern forex market
Forex market is an international financial market for decentralized, where currency is exchanged for another.Individuals and institutions can purchase a quantity of one currency and pay for it in another currency, where a company in London to import products from a company in Rome and pay for these products commission euro rather than the pound sterling. This easy exchange of one currency to another make it easier for corporations and international trade and investment.
Forex market is not restricted geographical boundaries, where he works 24 hours a day, and within 5 days a week. It also features it the most liquid market in the world.
When trading in the forex market there is a simple philosophy followed by rolling, when trading one currency against another currency, the currency in which the purchase price is expected to rise (long position), and sell the currency, which is expected to lower the price (short position). You can do such projections using the famous trading tools, but there is always a part of the risk. If I bought the currency in which the price rose as expected, you can sell it and get a profit, but if the price dropped reverse expectation, Vstkabl losses. You do not need to be an expert financially good for circulation, easy to learn Valtdol in the forex market if you wish.
When do you need us? The mediator is the one who connects sellers and buyers to each other. We search for the best bid and offer available in the market and offered to traders. We are mediators of this market, and we carry out the operations for you.
Three trading sessions
Forex Market Never Sleeps, to the continuation of activities at all times and in all parts of the world. This occurs through three sessions a system that allows traders to the possibility of trading whenever they want, regardless of time or place.
Asian session
22:00 GMT - 09:00 GMT
After the weekend, the recording activity in Asian markets first. Trading begins in the Australian market at 22:00 GMT and ends at 09:00 GMT. Other countries that operate in this period also China, Russia, New Zealand and Japan.
European session
08:00 GMT - 17:00 GMT
With the approach of the end of the Asian session begins work in the European session and interfere sessions. The most important market in this session is the London market, but there are important markets represent the European session, such as Germany and France. Activity in the European session starts at 08:00 GMT and ends at 17:00 GMT.
Session of the United States of America
13:00 GMT - 22:00 GMT
In the middle of the European session starts activity in the US session, and then at 13:00 GMT, and will continue until 22:00 Greenwich time. The most important participant in this session was to New York City.After the end of the US session and before the start of the Asian session calm lasts for a short period.
ليست هناك تعليقات:
إرسال تعليق