Project Forex & Brokerage will guide you to be prof trader Project Forex & Brokerage 5BKP24RS6NCR
quarta-feira, 3 de agosto de 2011
Hedging techniques fxproyex
Project Forex & Brokerage 5BKP24RS6NCR Hedging techniques
Hedging is a situation where we open a second position against the currency and the same number of lots. Often hedging is used if the price reverses direction and the trader did not want to cut losses grew up without a loss (to close these positions despite the loss). In general, they use this technique without a stop loss. Another term of the hedging is locking.
Example: A trader open Buy EUR / USD 1 lot then the price moves do not fit expectations (down) and the position is still floating loss (loss of floating) 20 points, the trader can open Sell EUR / USD 1 lot in the same currency so that the losses is locked by only 20 points. Although the price moves in any direction, the floating loss remained 20 points
Average Technique
Averaging is one way to minimize losses by opening similar positions at different levels. The purpose of this averaging is to use the average of the differences in price levels are ordered to minimize loss.
Example: A trader open Buy EUR / USD 1 lot at a price of 2.0100, but the price goes down to as low as 2.0000 so that the experience of floating-point loss -100. The trader can perform averaging by opening a Buy EUR / USD 1 lot at 2.0000 on the spot price. This means that there are two open positions. The first floating loss position -100 points. The second position is 0 points. (Assuming no spread).
If then the price moves up towards 2.0050 first then the floating loss position -50 points, second place 50 points profit. In total the two positions are break-even (BEP). When the price moves up above 2.0050. It means the trader has a profit.
Calculation of Interest / Swap / Rollover / Interest to Stay
Project Forex & Brokerage 5BKP24RS6NCR
Calculation of Interest / Swap / Rollover / Interest to Stay
Interest / Swap / Rollover / Interest Staying the interest earned or paid traders if there are open positions exceed one day of trading. Limit one trading day is if the position is not closed until the closing time of the world Forex market, namely at the time of closing the New York Market at 1700 (New York time).
To convert New York time to your local time, please go to: http://www.timeanddate.com/worldclock/timezone.html?n=179
When trading forex, which used the actual day is 2 days ahead. Example: Trading on Thursday, then the actual day is Monday (interest calculated as 1 day). Trading on Friday, then the actual day is Tuesday (interest calculated as 1 day), and so on. While the special for Wednesday, the day actually is 3 days, ie Friday, Saturday and Sunday. (Interest is calculated 3 days). Although Saturday and Sunday closed the forex market, interest was calculated 3 days as compensation for trading off.
In the interest calculation: Traders will get a positive rate if the currency bought an interest rate greater than the borrowed
Example:
Pair USD / JPY. USD Swap Rate = 5.25%, JPY Swap Rate = 0.5%
Buy USD / JPY means a trader is buying USD by borrowing JPY. Because interest rates currency bought (USD) greater than borrowed (JPY), the trader will get an interest rate: 5.25% - 0.5% = 4.75% If a trader Sell USD / JPY (means borrowing USD and buy JPY), it will be charged for: -5.25% + 0.5% = -4.75%
Example 2:
Pair EUR / USD. Interest Rate EUR = 3.75%, USD Swap Rate = 5.25%
Buy EUR / USD means a trader buys EUR by borrowing USD. Because interest rates currency bought (EUR) is smaller than borrowed (USD), then the trader will be charged for: 3.75% - 5.25% = -1.5% If a trader Sell EUR / USD (meaning buying USD and borrow EUR) , then it will get an interest rate: -3.75% + 5.25% = 1.5%
Any Forex broker generally provides a list of interest rates (per day) for each pair is used. The list usually includes interest charged to posis Buy and Sell. (Can be in the $ or the point). If the point the trader must first convert into dollars by calculating the value per point pair in question.
Calculation of Interest / Swap / Rollover / Interest to Stay
Interest / Swap / Rollover / Interest Staying the interest earned or paid traders if there are open positions exceed one day of trading. Limit one trading day is if the position is not closed until the closing time of the world Forex market, namely at the time of closing the New York Market at 1700 (New York time).
To convert New York time to your local time, please go to: http://www.timeanddate.com/worldclock/timezone.html?n=179
When trading forex, which used the actual day is 2 days ahead. Example: Trading on Thursday, then the actual day is Monday (interest calculated as 1 day). Trading on Friday, then the actual day is Tuesday (interest calculated as 1 day), and so on. While the special for Wednesday, the day actually is 3 days, ie Friday, Saturday and Sunday. (Interest is calculated 3 days). Although Saturday and Sunday closed the forex market, interest was calculated 3 days as compensation for trading off.
In the interest calculation: Traders will get a positive rate if the currency bought an interest rate greater than the borrowed
Example:
Pair USD / JPY. USD Swap Rate = 5.25%, JPY Swap Rate = 0.5%
Buy USD / JPY means a trader is buying USD by borrowing JPY. Because interest rates currency bought (USD) greater than borrowed (JPY), the trader will get an interest rate: 5.25% - 0.5% = 4.75% If a trader Sell USD / JPY (means borrowing USD and buy JPY), it will be charged for: -5.25% + 0.5% = -4.75%
Example 2:
Pair EUR / USD. Interest Rate EUR = 3.75%, USD Swap Rate = 5.25%
Buy EUR / USD means a trader buys EUR by borrowing USD. Because interest rates currency bought (EUR) is smaller than borrowed (USD), then the trader will be charged for: 3.75% - 5.25% = -1.5% If a trader Sell EUR / USD (meaning buying USD and borrow EUR) , then it will get an interest rate: -3.75% + 5.25% = 1.5%
Any Forex broker generally provides a list of interest rates (per day) for each pair is used. The list usually includes interest charged to posis Buy and Sell. (Can be in the $ or the point). If the point the trader must first convert into dollars by calculating the value per point pair in question.
understand the calculation of margins
Project Forex & Brokerage 5BKP24RS6NCR Margin Level
System margin level used on MetaTrader platform. (Please do order with a demo account so you better understand the calculation of margins on the MetaTrader platform)
Level margin calculation formula is:
Level Margin = Equity / Margin used
Free Margin = Equity + Profit Margins + - Loss
Balance = Capital actual current (not yet reduced profit & loss)
Equity is your balance after the plus / minus profit & loss
At all positions clear (no open), Balance = Equity. Because the margin used = 0, Profit / Loss = 0, so it becomes the same as the Free Margin Balance. (See Equity formula above!). Free Margin is money you can withdraw if there are open positions (reserving funds free margin sufficient to withstand losses and prevent Margin Call)
For example the broker determine if Margin Margin Call Level 5% (example: FCMarket.com), then when the "margin used" x 5% = Equity, a margin call will occur. (One by one open position will be closed automatically by until trader is enough to cover loss).
On MetaTrader platform, a trader does not need to calculate the Margin Level manually, because if there are open positions Margin Level will automatically appear on the tab "Trade" in units of percent (%). Traders need to do is keep the margin level is not approaching the limit Margin Call broker. (Eg 5%)
The initial capital - Margins - Loss = 0
There is also the broker determine a margin call if the initial capital - Used Margin - Total Loss = 0. (This also can you imagine that the broker is using the Margin Level 100% when using MetaTrader calculation)
Deposit the initial capital of $ 300. If a trader opens a position trading GBP / USD mini lots (10000) requires margin: 10000 (mini lots) x 0002 (1:500) x 2.0000 = $ 40. So while capital is held as collateral (margin) to open a mini lot gbp / usd is $ 40. So the rest of the margin trader to hold losses were: $ 300 - $ 40 = $ 260
When the floating loss (loss) you reach $ 260 then there is no margin / the remaining funds to hold losses, so one by one your position will be closed automatically by the broker. Then the margin of $ 40 is locked temporarily as collateral to open a position of EUR / USD, will go back into your account after the position is clear / close, so your margin remaining $ 40 only).
System margin level used on MetaTrader platform. (Please do order with a demo account so you better understand the calculation of margins on the MetaTrader platform)
Level margin calculation formula is:
Level Margin = Equity / Margin used
Free Margin = Equity + Profit Margins + - Loss
Balance = Capital actual current (not yet reduced profit & loss)
Equity is your balance after the plus / minus profit & loss
At all positions clear (no open), Balance = Equity. Because the margin used = 0, Profit / Loss = 0, so it becomes the same as the Free Margin Balance. (See Equity formula above!). Free Margin is money you can withdraw if there are open positions (reserving funds free margin sufficient to withstand losses and prevent Margin Call)
For example the broker determine if Margin Margin Call Level 5% (example: FCMarket.com), then when the "margin used" x 5% = Equity, a margin call will occur. (One by one open position will be closed automatically by until trader is enough to cover loss).
On MetaTrader platform, a trader does not need to calculate the Margin Level manually, because if there are open positions Margin Level will automatically appear on the tab "Trade" in units of percent (%). Traders need to do is keep the margin level is not approaching the limit Margin Call broker. (Eg 5%)
The initial capital - Margins - Loss = 0
There is also the broker determine a margin call if the initial capital - Used Margin - Total Loss = 0. (This also can you imagine that the broker is using the Margin Level 100% when using MetaTrader calculation)
Deposit the initial capital of $ 300. If a trader opens a position trading GBP / USD mini lots (10000) requires margin: 10000 (mini lots) x 0002 (1:500) x 2.0000 = $ 40. So while capital is held as collateral (margin) to open a mini lot gbp / usd is $ 40. So the rest of the margin trader to hold losses were: $ 300 - $ 40 = $ 260
When the floating loss (loss) you reach $ 260 then there is no margin / the remaining funds to hold losses, so one by one your position will be closed automatically by the broker. Then the margin of $ 40 is locked temporarily as collateral to open a position of EUR / USD, will go back into your account after the position is clear / close, so your margin remaining $ 40 only).
Stop Loss Profit Target position by fxproyex
Project Forex & Brokerage 5BKP24RS6NCR
Stop Loss Profit Target position
Buy (Long) Higher than Open Price (based on bid prices) Lower of Open Price (based on bid price)
Sell (Short) Lower of Open Price (based on the ask price) Higher than Open Price (based on the ask price)
Trailing Stop is a facility provided by the forex broker that can change the stop loss to lock in profits automatically in multiples of a certain amount. Trailing Stop is the development of stop loss.
Trailing Stop is generally only works when the trader's position PROFIT HAS MORE THAN THE MINIMUM VALUE OF CERTAIN predetermined broker (eg minimum 15 points). (IMPORTANT: Generally trailing stop running locally on your computer, not on the broker server! If your computer is off, trailing stop also become inactive)
So if you do not profit more than the minimum amount you set a trailing stop, that his position is still DANGEROUS (unless you have used a stop loss). So you should set a stop loss first, then if necessary you can add features trailing stop as a complement. By using this feature you will avoid profit loss if you have exceeded the minimum trailing stop.
Example:
Buy EUR / USD 1.2050, 1.2000 Stop Loss, Trailing Stop 15 points.
If the BID is now located at 1.2070 (had profit of 20 points) then the trailing stop will adjust stop loss to 1.2055 price (20 points minus 15 points profit, ie profit +5 points). That means your profits have been locked by 5 points (on the new position of stop loss is at 1.2055).
Point A: And if the price were to move down to 1.2055 then it will automatically be liquidated on a profit of 5 points. This means that you are no longer possible loss because it has been locked.
But if prices do not go down (as per point A) but prices continue to rise from 1.2050 to 1.2095 (had 45 points profit) then the trailing stop will adjust stop loss to 1.2080 price (45 points minus 15 points profit, ie profit +30 points). That means your profits have been locked by 30 points (on the new position of stop loss is at 1.2080).
Margin Call
Margin call means liquidation is "forced" by the broker because your account does not have sufficient funds to cover / cover your positions are losers.
The basis for determining the Margin Call is usually there are 2 (dependent regulation of each broker):
Stop Loss Profit Target position
Buy (Long) Higher than Open Price (based on bid prices) Lower of Open Price (based on bid price)
Sell (Short) Lower of Open Price (based on the ask price) Higher than Open Price (based on the ask price)
Trailing Stop is a facility provided by the forex broker that can change the stop loss to lock in profits automatically in multiples of a certain amount. Trailing Stop is the development of stop loss.
Trailing Stop is generally only works when the trader's position PROFIT HAS MORE THAN THE MINIMUM VALUE OF CERTAIN predetermined broker (eg minimum 15 points). (IMPORTANT: Generally trailing stop running locally on your computer, not on the broker server! If your computer is off, trailing stop also become inactive)
So if you do not profit more than the minimum amount you set a trailing stop, that his position is still DANGEROUS (unless you have used a stop loss). So you should set a stop loss first, then if necessary you can add features trailing stop as a complement. By using this feature you will avoid profit loss if you have exceeded the minimum trailing stop.
Example:
Buy EUR / USD 1.2050, 1.2000 Stop Loss, Trailing Stop 15 points.
If the BID is now located at 1.2070 (had profit of 20 points) then the trailing stop will adjust stop loss to 1.2055 price (20 points minus 15 points profit, ie profit +5 points). That means your profits have been locked by 5 points (on the new position of stop loss is at 1.2055).
Point A: And if the price were to move down to 1.2055 then it will automatically be liquidated on a profit of 5 points. This means that you are no longer possible loss because it has been locked.
But if prices do not go down (as per point A) but prices continue to rise from 1.2050 to 1.2095 (had 45 points profit) then the trailing stop will adjust stop loss to 1.2080 price (45 points minus 15 points profit, ie profit +30 points). That means your profits have been locked by 30 points (on the new position of stop loss is at 1.2080).
Margin Call
Margin call means liquidation is "forced" by the broker because your account does not have sufficient funds to cover / cover your positions are losers.
The basis for determining the Margin Call is usually there are 2 (dependent regulation of each broker):
Profit Target, Stop Loss and Trailing Stop
Project Forex & Brokerage 5BKP24RS6NCR Profit Target, Stop Loss and Trailing Stop
Target profit is an order to liquidate a position automatically at a specified price when the trader has obtained a number of profit.
For Buy / Long position is located ABOVE the target opening price of the position of the Open Buy / Long.
(Note! Open Buy / Long ASK, Target and Stop Loss is based on BID)
Example: Buy EUR / USD 1.2000, 1.2050 Profit Target (for a profit target of 50 points)
For Sell / Short located BELOW the target price of open positions Sell / Short.
(Note! Sell / Short BID, Target and Stop Loss is based on ASK)
Example: Sell EUR / USD 1.2050, 1.2000 Profit Target (for a profit target of 50 points)
Stop Loss is an order to liquidate a position automatically at a certain price to limit losses that might occur if the market moves against the trader's position.
For Buy / Long position, located BELOW the stop loss opening price of the position of the Open Buy / Long.
(Note! Open Buy / Long ASK, Target and Stop Loss is based on BID)
Example: Buy EUR / USD 1.2050, Stop Loss 1.2000 (stop loss 50 points for loss)
For Sell / Short position is located ABOVE stop loss opening price positioning Sell / Short.
(Note! Sell / Short BID, Target and Stop Loss is based on ASK)
Example: Sell EUR / USD 1.2000, Stop Loss 1.2050 (stop loss 50 points for loss)
Stop Loss can also serve to protect the profit that you have obtained (lock profit). The trick is to change the stop loss position to the top (to Buy) or down (to Sell).
Example:
A trader Open Buy at 2.0000, TP (Take Profit) at 2.0050, SL (Stop Loss) at 1.9970. After a while, the price has moved into the expected direction (up) on the position of 2.0040. In this case the trader is at a floating profit position (open position and in a state of profit) by 40 points. To protect profit as much as 20 points, the trader can move the stop loss on open price + 20-point, ie 2.0020. Why 20 points? Condition is the profit you want to lock, must be smaller than the current floating profit (20 <40 points). When the floating profit then moved to 60 points, the trader can raise the stop loss to 2.0040 to lock the position of profit by 40 points, and so on. This is the basis of the trailing stop.
After filling Take Profit and Stop Loss, then the data will be stored on the server Forex Broker. So you do not have to worry about and can always turn off the computer / internet connection disconnected. Take Profit and Stop Loss will continue to work WITHOUT having to turn on the computer and connect to the internet via a forex broker
Target profit is an order to liquidate a position automatically at a specified price when the trader has obtained a number of profit.
For Buy / Long position is located ABOVE the target opening price of the position of the Open Buy / Long.
(Note! Open Buy / Long ASK, Target and Stop Loss is based on BID)
Example: Buy EUR / USD 1.2000, 1.2050 Profit Target (for a profit target of 50 points)
For Sell / Short located BELOW the target price of open positions Sell / Short.
(Note! Sell / Short BID, Target and Stop Loss is based on ASK)
Example: Sell EUR / USD 1.2050, 1.2000 Profit Target (for a profit target of 50 points)
Stop Loss is an order to liquidate a position automatically at a certain price to limit losses that might occur if the market moves against the trader's position.
For Buy / Long position, located BELOW the stop loss opening price of the position of the Open Buy / Long.
(Note! Open Buy / Long ASK, Target and Stop Loss is based on BID)
Example: Buy EUR / USD 1.2050, Stop Loss 1.2000 (stop loss 50 points for loss)
For Sell / Short position is located ABOVE stop loss opening price positioning Sell / Short.
(Note! Sell / Short BID, Target and Stop Loss is based on ASK)
Example: Sell EUR / USD 1.2000, Stop Loss 1.2050 (stop loss 50 points for loss)
Stop Loss can also serve to protect the profit that you have obtained (lock profit). The trick is to change the stop loss position to the top (to Buy) or down (to Sell).
Example:
A trader Open Buy at 2.0000, TP (Take Profit) at 2.0050, SL (Stop Loss) at 1.9970. After a while, the price has moved into the expected direction (up) on the position of 2.0040. In this case the trader is at a floating profit position (open position and in a state of profit) by 40 points. To protect profit as much as 20 points, the trader can move the stop loss on open price + 20-point, ie 2.0020. Why 20 points? Condition is the profit you want to lock, must be smaller than the current floating profit (20 <40 points). When the floating profit then moved to 60 points, the trader can raise the stop loss to 2.0040 to lock the position of profit by 40 points, and so on. This is the basis of the trailing stop.
After filling Take Profit and Stop Loss, then the data will be stored on the server Forex Broker. So you do not have to worry about and can always turn off the computer / internet connection disconnected. Take Profit and Stop Loss will continue to work WITHOUT having to turn on the computer and connect to the internet via a forex broker
Margin Calculation Method fxproyex
Project Forex & Brokerage 5BKP24RS6NCR
Margin Calculation Method fxproyex
There are three types of Currency Pair (Pair):
Direct Rates
Is a pair with USD as the counter currency (USD is located in the rear), example: GBP / USD, EUR / USD, AUD / USD, and NZD / USD
Indirect Rates
Is a pair with USD as the base currency (USD is situated in front), example: USD / JPY, USD / CHF, USD / CAD
Cross Rates
Pairs which did not contain the USD, for example: GBP / JPY, EUR / JPY, AUD / JPY, EUR / GBP, and GBP / CHF
Margin Calculation Method Direct Rates (GBP / USD, EUR / USD, AUD / USD, and NZD / USD):
Margin Percentage x Contract Size x Lot x Price Now = Margin
Example:
Sell 3 mini lots GBP / USD at Bid 2.0000 (Remember to use the bid open-Sell!)
0.01 x 10,000 x 3 x 2.0000 = 600 USD (leverage 1:100)
0002 x 10,000 x 3 x 2.0000 = $ 120 (Leverage 1:500) -> Needs a margin less than 1:100!
Margin Calculation Method Indirect Rates (USD / JPY, USD / CHF, USD / CAD):
Margin Percentage x Contract Size x Lot = Margin
Example:
Buy 2 mini lots of USD / JPY at 110.00 Ask (Remember to use the ask price of open Buy!)
0.01 x 10,000 x 2 = 200 USD (leverage 1:100)
0002 x 10,000 x 2 = $ 40 (Leverage 1:500) -> Needs a margin less than 1:100!
Margin Calculation Method Cross Rates (GBP / JPY, EUR / JPY, AUD / JPY, EUR / GBP, and GBP / CHF):
Margin Percentage x Contract Size x Price x Lot Middle (*) Now = Margin
Middle Price (*) = (Price Bid Price + Ask) / 2
(Do not forget Base Currency Currency is the basis of which lies in front of the pair. For example, pair EUR / USD -> EUR is the Base Currency, GBP is a QUOTE Currency)
Example:
Buy 1 mini lot EUR / GBP at 0.8020 Ask price (Remember to use the ask price of open Buy!)
Bid / Ask EUR / USD 1.5800/02 (because the Base Currency is the EUR, the price used is the price of EUR / USD)
Price was EUR / USD = (1.5800 + 1.5802) / 2 = 1.5801
0.01 x 10,000 x 1 x 1.5801 = 158.01 USD (leverage 1:100)
0002 x 10,000 x 1 x 1.5801 = $ 31.60 (Leverage 1:500) -> Needs a margin less than 1:100!
From the example above, we see that by using greater leverage, margin / capital needed for collateral is less
Margin Calculation Method fxproyex
There are three types of Currency Pair (Pair):
Direct Rates
Is a pair with USD as the counter currency (USD is located in the rear), example: GBP / USD, EUR / USD, AUD / USD, and NZD / USD
Indirect Rates
Is a pair with USD as the base currency (USD is situated in front), example: USD / JPY, USD / CHF, USD / CAD
Cross Rates
Pairs which did not contain the USD, for example: GBP / JPY, EUR / JPY, AUD / JPY, EUR / GBP, and GBP / CHF
Margin Calculation Method Direct Rates (GBP / USD, EUR / USD, AUD / USD, and NZD / USD):
Margin Percentage x Contract Size x Lot x Price Now = Margin
Example:
Sell 3 mini lots GBP / USD at Bid 2.0000 (Remember to use the bid open-Sell!)
0.01 x 10,000 x 3 x 2.0000 = 600 USD (leverage 1:100)
0002 x 10,000 x 3 x 2.0000 = $ 120 (Leverage 1:500) -> Needs a margin less than 1:100!
Margin Calculation Method Indirect Rates (USD / JPY, USD / CHF, USD / CAD):
Margin Percentage x Contract Size x Lot = Margin
Example:
Buy 2 mini lots of USD / JPY at 110.00 Ask (Remember to use the ask price of open Buy!)
0.01 x 10,000 x 2 = 200 USD (leverage 1:100)
0002 x 10,000 x 2 = $ 40 (Leverage 1:500) -> Needs a margin less than 1:100!
Margin Calculation Method Cross Rates (GBP / JPY, EUR / JPY, AUD / JPY, EUR / GBP, and GBP / CHF):
Margin Percentage x Contract Size x Price x Lot Middle (*) Now = Margin
Middle Price (*) = (Price Bid Price + Ask) / 2
(Do not forget Base Currency Currency is the basis of which lies in front of the pair. For example, pair EUR / USD -> EUR is the Base Currency, GBP is a QUOTE Currency)
Example:
Buy 1 mini lot EUR / GBP at 0.8020 Ask price (Remember to use the ask price of open Buy!)
Bid / Ask EUR / USD 1.5800/02 (because the Base Currency is the EUR, the price used is the price of EUR / USD)
Price was EUR / USD = (1.5800 + 1.5802) / 2 = 1.5801
0.01 x 10,000 x 1 x 1.5801 = 158.01 USD (leverage 1:100)
0002 x 10,000 x 1 x 1.5801 = $ 31.60 (Leverage 1:500) -> Needs a margin less than 1:100!
From the example above, we see that by using greater leverage, margin / capital needed for collateral is less
Margin and Leverage fxproyex
Project Forex & Brokerage 5BKP24RS6NCR
Margin and Leverage fxproyex
The term leverage (leverage factor, usually in a ratio of 1:50, 1:100, 1:250, or 1:500) in the forex margin trading means that if you want to trade for $ 10,000, you do not need to provide $ 10,000 but fairly, provide a margin of $ 100 ( leverage of 1:100) as a guarantee fund to your broker.
So the margin can be interpreted as guarantees held by the broker when you make trades. Margin would soon be returned to you after you close your account / liquid position you open.
Suppose you have $ 1,000 cash at the broker that has 1:100 leverage. This means you can trade with the amount to nearly $ 100,000 (or nearly as much of your capital 100X). This also means that to use a $ 100,000 contract size you need a 1% margin of $ 1000.
Another example: You have a capital of $ 500 and your broker has a leverage of 1:100, so if you want to buy using 1 mini lot (10,000) then the margin was detained for just 1% of the total contract sizenya (10,000) ie (1% x 10,000) or using a margin of $ 100.
This means that your capital will be held temporarily and are pledged as collateral / margin by the brokers is $ 100, the remaining $ 400 is used to hold your loss.
And when someday you have to liquidate that position then the margin of $ 100 earlier will be returned to you.
The advantage of the leverage is with a smaller capital you can trade with a number of contract size / lot the same as if you do not use leverage.
Or it can be said, with capital equal, you can use the contract size is greater than not using the leverage. So with the same capital, you have a chance to get profit per pip greater.
With or Without Leverage Leverage?
Leverage Margin Margin Requirements Contract Size Used Profit
1:1 (without leverage) 100% $ $ 1,000 $ 1,000 0.1/pip
1:100 1% $ $ 10 $ 1,000 0.1/pip
Leverage Big or Small?
Leverage Margin Margin Requirements Contract Size Used Profit
1:100 1% $ $ 1,000 $ 100,000 10/pip
1:200 0.5% $ 1,000 USD $ 200,000 20/pip
1:500 0.2% $ 1,000 USD $ 500,000 50/pip
Margin and Leverage fxproyex
The term leverage (leverage factor, usually in a ratio of 1:50, 1:100, 1:250, or 1:500) in the forex margin trading means that if you want to trade for $ 10,000, you do not need to provide $ 10,000 but fairly, provide a margin of $ 100 ( leverage of 1:100) as a guarantee fund to your broker.
So the margin can be interpreted as guarantees held by the broker when you make trades. Margin would soon be returned to you after you close your account / liquid position you open.
Suppose you have $ 1,000 cash at the broker that has 1:100 leverage. This means you can trade with the amount to nearly $ 100,000 (or nearly as much of your capital 100X). This also means that to use a $ 100,000 contract size you need a 1% margin of $ 1000.
Another example: You have a capital of $ 500 and your broker has a leverage of 1:100, so if you want to buy using 1 mini lot (10,000) then the margin was detained for just 1% of the total contract sizenya (10,000) ie (1% x 10,000) or using a margin of $ 100.
This means that your capital will be held temporarily and are pledged as collateral / margin by the brokers is $ 100, the remaining $ 400 is used to hold your loss.
And when someday you have to liquidate that position then the margin of $ 100 earlier will be returned to you.
The advantage of the leverage is with a smaller capital you can trade with a number of contract size / lot the same as if you do not use leverage.
Or it can be said, with capital equal, you can use the contract size is greater than not using the leverage. So with the same capital, you have a chance to get profit per pip greater.
With or Without Leverage Leverage?
Leverage Margin Margin Requirements Contract Size Used Profit
1:1 (without leverage) 100% $ $ 1,000 $ 1,000 0.1/pip
1:100 1% $ $ 10 $ 1,000 0.1/pip
Leverage Big or Small?
Leverage Margin Margin Requirements Contract Size Used Profit
1:100 1% $ $ 1,000 $ 100,000 10/pip
1:200 0.5% $ 1,000 USD $ 200,000 20/pip
1:500 0.2% $ 1,000 USD $ 500,000 50/pip
Calculating Profit / Loss (Gain / Loss)
Project Forex & Brokerage 5BKP24RS6NCR
Calculating Profit / Loss (Gain / Loss)
The smallest price movement is calculated in units of points / pips. The value of each point will vary according to type of currency pairs (pair), the contract size is used.
Contract size is usually specified in units of lots, Standard lot (100,000), Mini lot (10,000), or Micro lot (1000).
There are three types of Currency Pair (Pair):
Direct Rates
Is a pair with USD as the counter currency (USD is located in the rear), example: GBP / USD, EUR / USD, AUD / USD, and NZD / USD
Indirect Rates
Is a pair with USD as the base currency (USD is situated in front), example: USD / JPY, USD / CHF, USD / CAD
Cross Rates
Pairs which did not contain the USD, for example: GBP / JPY, EUR / JPY, AUD / JPY, EUR / GBP, and GBP / CHF
For example, Direct Rates currency (GBP / USD, EUR / USD, AUD / USD, and NZD / USD) way of calculating profit / loss are as follows:
(Selling Price - Purchase Price) x contract size x lot = Calculation of profit / loss
Example:
Buy 3 standard lot EUR / USD 1.2000
Sell (liquid) 3 lots of EUR / USD 1.2010
Profit = (1.2010 - 1.2000) x 100,000 x 3 = $ 300
Sell one standard lot of GBP / USD 2.0001
Buy (liquid) 1 lot GBP / USD 2.0000
Profit = (1.2001 - 1.2000) x 100,000 x 1 = $ 10
Ending in a special currency / USD, there is a way that is easy calculations:
From the above conclusion, it means a profit of 1 point for standard lot (100K) Currency Exchange ending / usd profit is $ 10. While the value of 1 point for 1 mini lot (10K) is $ 1 and for micro lots (1K) per point is worth $ 0.1
For example, the currency Indirect Rates (USD / JPY, USD / CHF, USD / CAD) method of calculating profit / loss are as follows:
[(Selling Price - Purchase Price) / Price Liquidation] x contract size x lot = Calculation of profit / loss
Example:
Buy 1 standard lot USD / JPY 110.00
Sell (liquid) 1 lot USD / JPY 110.01
Profit = [(110.01 - 110.00) / 110.01] x 100,000 x 1 = $ 9.09
Currency Cross Rates For instance (GBP / JPY, EUR / JPY, AUD / JPY, EUR / GBP, and GBP / CHF) method of calculating profit / loss are as follows:
{[(Selling Price - Purchase Price) x Rate Base Currency Current] / Rate Pair Current} x contract size x lot = Calculation of profit / loss
Example:
Sell 1 lot of EUR / USD at price 0.6760 (EUR / USD is the base currency of EUR / GBP, because the front of the EUR / GBP is the Base Currency)
Buy (Liquid) EUR / USD at price 0.6750
Rate EUR / USD: 1.1840
Profit = {[(0.6760 - 0.6750) x 1.1840] / 0.6750} x 100,000 = $ 175.4
Calculating Profit / Loss (Gain / Loss)
The smallest price movement is calculated in units of points / pips. The value of each point will vary according to type of currency pairs (pair), the contract size is used.
Contract size is usually specified in units of lots, Standard lot (100,000), Mini lot (10,000), or Micro lot (1000).
There are three types of Currency Pair (Pair):
Direct Rates
Is a pair with USD as the counter currency (USD is located in the rear), example: GBP / USD, EUR / USD, AUD / USD, and NZD / USD
Indirect Rates
Is a pair with USD as the base currency (USD is situated in front), example: USD / JPY, USD / CHF, USD / CAD
Cross Rates
Pairs which did not contain the USD, for example: GBP / JPY, EUR / JPY, AUD / JPY, EUR / GBP, and GBP / CHF
For example, Direct Rates currency (GBP / USD, EUR / USD, AUD / USD, and NZD / USD) way of calculating profit / loss are as follows:
(Selling Price - Purchase Price) x contract size x lot = Calculation of profit / loss
Example:
Buy 3 standard lot EUR / USD 1.2000
Sell (liquid) 3 lots of EUR / USD 1.2010
Profit = (1.2010 - 1.2000) x 100,000 x 3 = $ 300
Sell one standard lot of GBP / USD 2.0001
Buy (liquid) 1 lot GBP / USD 2.0000
Profit = (1.2001 - 1.2000) x 100,000 x 1 = $ 10
Ending in a special currency / USD, there is a way that is easy calculations:
From the above conclusion, it means a profit of 1 point for standard lot (100K) Currency Exchange ending / usd profit is $ 10. While the value of 1 point for 1 mini lot (10K) is $ 1 and for micro lots (1K) per point is worth $ 0.1
For example, the currency Indirect Rates (USD / JPY, USD / CHF, USD / CAD) method of calculating profit / loss are as follows:
[(Selling Price - Purchase Price) / Price Liquidation] x contract size x lot = Calculation of profit / loss
Example:
Buy 1 standard lot USD / JPY 110.00
Sell (liquid) 1 lot USD / JPY 110.01
Profit = [(110.01 - 110.00) / 110.01] x 100,000 x 1 = $ 9.09
Currency Cross Rates For instance (GBP / JPY, EUR / JPY, AUD / JPY, EUR / GBP, and GBP / CHF) method of calculating profit / loss are as follows:
{[(Selling Price - Purchase Price) x Rate Base Currency Current] / Rate Pair Current} x contract size x lot = Calculation of profit / loss
Example:
Sell 1 lot of EUR / USD at price 0.6760 (EUR / USD is the base currency of EUR / GBP, because the front of the EUR / GBP is the Base Currency)
Buy (Liquid) EUR / USD at price 0.6750
Rate EUR / USD: 1.1840
Profit = {[(0.6760 - 0.6750) x 1.1840] / 0.6750} x 100,000 = $ 175.4
Active period of Pending Order
Project Forex & Brokerage 5BKP24RS6NCR Active period of Pending Order
GTC (Good Till Cancelled)
Good Till Cancelled means the pending order will remain active without any time limit, unless the trader did cancel it manually. Default of the GTC is a Pending Order
GTD (Good Till Date)
Good Till Date means the pending order will remain active until the time limit set
OCO (Order Cancels Other)
Order Cancels Other means traders ordered two pending orders at once. If one of the pending order is touched, then the other order will automatically be canceled
GTC (Good Till Cancelled)
Good Till Cancelled means the pending order will remain active without any time limit, unless the trader did cancel it manually. Default of the GTC is a Pending Order
GTD (Good Till Date)
Good Till Date means the pending order will remain active until the time limit set
OCO (Order Cancels Other)
Order Cancels Other means traders ordered two pending orders at once. If one of the pending order is touched, then the other order will automatically be canceled
Stop Orders and Limit Orders (Pending Order)
Project Forex & Brokerage 5BKP24RS6NCR Stop Orders and Limit Orders (Pending Order)
Pending orders are orders to automatically open a Long position / Short only when the price of your order / message is reached. If the price that you order has not been reached, the pending order will still be active and will wait until the price touched that you order. Pending orders can be divided into 2 of Pending Order Pending Stop and Limit Orders.
If you just want to buy at ANY price now, use the Buy Stop Order. And if you just want to sell at BELOW the current price, use the Sell Stop Order.
If you just want to buy BELOW the current price, use the Buy Limit Order. And if you just want to sell at ANY price now, use the Sell Limit Order.
Example: ASK Price now is 2.0000 and you just want to buy (LONG) if the price moves to 2.0050 then you can use the Buy Stop Order. (Remember the open buy / Long price used is the price of ASK!)
Example: The current BID price is 2.0000 and you just want to sell (SHORT) if the price moves to 1.9950 then you can use the Sell Stop Order. (Remember the open sell / Short price used is the BID!)
Example: ASK Price now is 2.0000 and you just want to buy (LONG) if the price moves to 1.9950 then you can use the Buy Limit Order. (Remember the open buy / Long price used is the price of ASK!)
Example: The current BID price is 2.0000 and you just want to sell (SHORT) if the price moves to 2.0050 then you can use the Sell Limit Order. (Remember the open sell / Short price used is the BID!)
Order Types Buy (Long) Sell (Short)
Market Buying at the Ask price then sell at the bid price at the time
Stop Pending Purchase Order on the current price (Ask) Selling below the current price (Bid)
Limit Pending Purchase Order under the current price (Ask) Selling on the current price (Bid)
Pending orders are orders to automatically open a Long position / Short only when the price of your order / message is reached. If the price that you order has not been reached, the pending order will still be active and will wait until the price touched that you order. Pending orders can be divided into 2 of Pending Order Pending Stop and Limit Orders.
If you just want to buy at ANY price now, use the Buy Stop Order. And if you just want to sell at BELOW the current price, use the Sell Stop Order.
If you just want to buy BELOW the current price, use the Buy Limit Order. And if you just want to sell at ANY price now, use the Sell Limit Order.
Example: ASK Price now is 2.0000 and you just want to buy (LONG) if the price moves to 2.0050 then you can use the Buy Stop Order. (Remember the open buy / Long price used is the price of ASK!)
Example: The current BID price is 2.0000 and you just want to sell (SHORT) if the price moves to 1.9950 then you can use the Sell Stop Order. (Remember the open sell / Short price used is the BID!)
Example: ASK Price now is 2.0000 and you just want to buy (LONG) if the price moves to 1.9950 then you can use the Buy Limit Order. (Remember the open buy / Long price used is the price of ASK!)
Example: The current BID price is 2.0000 and you just want to sell (SHORT) if the price moves to 2.0050 then you can use the Sell Limit Order. (Remember the open sell / Short price used is the BID!)
Order Types Buy (Long) Sell (Short)
Market Buying at the Ask price then sell at the bid price at the time
Stop Pending Purchase Order on the current price (Ask) Selling below the current price (Bid)
Limit Pending Purchase Order under the current price (Ask) Selling on the current price (Bid)
Market Order fxproyex
Project Forex & Brokerage 5BKP24RS6NCR
Market Order fxproyex
Market orders mean traders will be trading at prices prevailing at the time. To Buy means buying price "ask" in effect at that time as well, or to Sell meant selling at a price "bid" in effect at that time also
Suppose you would buy a pair EUR / USD, the market was showing 1.2934/1.2938. This means your broker would buy the EUR / USD from you at a price of 1.2934 and 1.2938 for sell to you.
Market Order fxproyex
Market orders mean traders will be trading at prices prevailing at the time. To Buy means buying price "ask" in effect at that time as well, or to Sell meant selling at a price "bid" in effect at that time also
Suppose you would buy a pair EUR / USD, the market was showing 1.2934/1.2938. This means your broker would buy the EUR / USD from you at a price of 1.2934 and 1.2938 for sell to you.
High, Low, Open, Close fxproyek
Project Forex & Brokerage 5BKP24RS6NCR High, Low, Open, Close
High: The highest price of the current record opening (open) until the end (closing) period. (Example: the chart period / timeframe of 5 minutes, then the highest price that occurred during the 5 minutes it is a high price)
Low: The lowest price from the current record opening (open) until the end (closing) period. (Example: the chart period / daily timeframe, then the lowest price that occurred during the day it is a low price)
Open: Prices opening period. (Example: the chart period / timeframe of 5 minutes, the price starts at a price of 2.0000. The open price in the range of 5 minutes is 2.0000)
Close: The closing price of a particular period. (Example: the chart period / timeframe 5 minutes in the example above ends with the price of 2.0050. So close prices in the range of 5 minutes is 2.0050)
High: The highest price of the current record opening (open) until the end (closing) period. (Example: the chart period / timeframe of 5 minutes, then the highest price that occurred during the 5 minutes it is a high price)
Low: The lowest price from the current record opening (open) until the end (closing) period. (Example: the chart period / daily timeframe, then the lowest price that occurred during the day it is a low price)
Open: Prices opening period. (Example: the chart period / timeframe of 5 minutes, the price starts at a price of 2.0000. The open price in the range of 5 minutes is 2.0000)
Close: The closing price of a particular period. (Example: the chart period / timeframe 5 minutes in the example above ends with the price of 2.0050. So close prices in the range of 5 minutes is 2.0050)
What Is the meaning of LONG and SHORT positions?
Project Forex & Brokerage 5BKP24RS6NCR
Is the meaning of LONG and SHORT positions?
BUY LONG or open position is a position in which a trader buys a currency at a specified price and aims to sell it later at a lower tinggi.Jadi investors benefit from a rising market (graph pair up). Suppose you buy in a position to sell at 1.1500 then 1.1525 then you'll benefit as much as 25 points / pips.
BUY LONG or open is to expect the price of currency pair (pair) UP to profit. (Graph pair up) Example: Long (BUY) eur / usd, then you expect the graph eur / usd is UP or the euro strengthened against the usd.
The rise in the price of a pair you can also interpret the currency in the pair FRONT strengthened against the currencies in the rear pair. Example: Graph Pair price eur / usd UP then it means the euro strengthened against the usd.
The price used when OPEN BUY / LONG is the purchase price (ASK) and the prices used when you close / liquid is the selling price (BID).
When we open Buy (Long) using the Ask Price, Bid Price on the table then the price should be HIGHER than Ask price (the price of an open Buy position) in order to gain profit.
For ease of position often abbreviated BUY LONG
SHORT SELL or open position is a position in which a trader sells a currency at a specified price and aims to buy later at a lower rendah.Jadi investors benefit from a down market (graph pair down).
SHORT SELL or open is to expect the price of currency pair (pair) DOWN for profit. Example: Short (SELL) eur / usd, then you expect the graph eur / usd is DOWN or the euro weakened against the usd.
The fall in the price of a pair you can also interpret the currency in the pair FRONT weakened against the currencies in the rear pair. Example: Graph Pair price eur / usd DOWN then it means weakening euro against the usd.
The price used when OPEN SELL / SHORT is the selling price (BID) and the prices used when you close / liquid is the purchase price (ASK).
When we open Sell (Long) uses the Bid Price, Ask Price on the table then the prices should be LOWER than the Bid Price (the price of open Sell position) in order to get Profit
To ease often abbreviated SELL SHORT Position
Position Open by Close with When Prices Rise When Prices Go Down
Long Buy Sell Profit Loss
Short Sell Buy Profit Loss
Is the meaning of LONG and SHORT positions?
BUY LONG or open position is a position in which a trader buys a currency at a specified price and aims to sell it later at a lower tinggi.Jadi investors benefit from a rising market (graph pair up). Suppose you buy in a position to sell at 1.1500 then 1.1525 then you'll benefit as much as 25 points / pips.
BUY LONG or open is to expect the price of currency pair (pair) UP to profit. (Graph pair up) Example: Long (BUY) eur / usd, then you expect the graph eur / usd is UP or the euro strengthened against the usd.
The rise in the price of a pair you can also interpret the currency in the pair FRONT strengthened against the currencies in the rear pair. Example: Graph Pair price eur / usd UP then it means the euro strengthened against the usd.
The price used when OPEN BUY / LONG is the purchase price (ASK) and the prices used when you close / liquid is the selling price (BID).
When we open Buy (Long) using the Ask Price, Bid Price on the table then the price should be HIGHER than Ask price (the price of an open Buy position) in order to gain profit.
For ease of position often abbreviated BUY LONG
SHORT SELL or open position is a position in which a trader sells a currency at a specified price and aims to buy later at a lower rendah.Jadi investors benefit from a down market (graph pair down).
SHORT SELL or open is to expect the price of currency pair (pair) DOWN for profit. Example: Short (SELL) eur / usd, then you expect the graph eur / usd is DOWN or the euro weakened against the usd.
The fall in the price of a pair you can also interpret the currency in the pair FRONT weakened against the currencies in the rear pair. Example: Graph Pair price eur / usd DOWN then it means weakening euro against the usd.
The price used when OPEN SELL / SHORT is the selling price (BID) and the prices used when you close / liquid is the purchase price (ASK).
When we open Sell (Long) uses the Bid Price, Ask Price on the table then the prices should be LOWER than the Bid Price (the price of open Sell position) in order to get Profit
To ease often abbreviated SELL SHORT Position
Position Open by Close with When Prices Rise When Prices Go Down
Long Buy Sell Profit Loss
Short Sell Buy Profit Loss
Quote / rate currency
Project Forex & Brokerage 5BKP24RS6NCR
Quote / rate currency
Forex quotes consist of the price of 2 prices, ie lower price (Bid) and a higher price (Ask / Offer).
Bid is the price you sell to forex broker (dealer) or the price at which forex broker (dealer) will buy from you. While Ask / Offer is the price you buy from forex broker (dealer) or the price at which forex broker (dealer) will sell to you. Bid is generally lower than the Ask.
Bid and Ask price difference is the Spread. The smaller the spread dealers more profitable forex trader.
Quote from forex looks like this:
forex quote
Quote namely EUR / USD Bid / Ask: 1.2293/96. Means the selling price to your broker and the buying price of 1.2293 is 1.2296 broker. 1.2296-1.2293 spreads is 3 points.
Example:
You open BUY (Long) EUR / USD at price 1.2296 (Ask), then if the bid is now showing the price of 1.2293, it means you're still a loss of 3 pips. Therefore, every time you open the position will certainly take place minus a spread (ie for example 3 for EUR / USD). To get the profit you have to wait until the price bid on the table more than the price UP 1.2296
Please note:
When you open a Buy position (Long), that means you open a position with the ask price, and then will be closed (close / liquid and including stop loss and profit targets) using the bid price.
When you open positions Sell (Short), that means you open a position with the bid price, and then will be closed (close / liquid and including stop loss and profit targets) using the ask price.
Position Open to Close (TP * / SL **) with
Buy (Long) Price Ask Price Bid
Sell (Short) Price Bid Price Ask
* TP = Take Profit
** SL = Stop Loss
Quote / rate currency
Forex quotes consist of the price of 2 prices, ie lower price (Bid) and a higher price (Ask / Offer).
Bid is the price you sell to forex broker (dealer) or the price at which forex broker (dealer) will buy from you. While Ask / Offer is the price you buy from forex broker (dealer) or the price at which forex broker (dealer) will sell to you. Bid is generally lower than the Ask.
Bid and Ask price difference is the Spread. The smaller the spread dealers more profitable forex trader.
Quote from forex looks like this:
forex quote
Quote namely EUR / USD Bid / Ask: 1.2293/96. Means the selling price to your broker and the buying price of 1.2293 is 1.2296 broker. 1.2296-1.2293 spreads is 3 points.
Example:
You open BUY (Long) EUR / USD at price 1.2296 (Ask), then if the bid is now showing the price of 1.2293, it means you're still a loss of 3 pips. Therefore, every time you open the position will certainly take place minus a spread (ie for example 3 for EUR / USD). To get the profit you have to wait until the price bid on the table more than the price UP 1.2296
Please note:
When you open a Buy position (Long), that means you open a position with the ask price, and then will be closed (close / liquid and including stop loss and profit targets) using the bid price.
When you open positions Sell (Short), that means you open a position with the bid price, and then will be closed (close / liquid and including stop loss and profit targets) using the ask price.
Position Open to Close (TP * / SL **) with
Buy (Long) Price Ask Price Bid
Sell (Short) Price Bid Price Ask
* TP = Take Profit
** SL = Stop Loss
Smallest Currency Unit (point / pip) and Contract Size
Project Forex & Brokerage 5BKP24RS6NCR Smallest Currency Unit (point / pip) and Contract Size
Point (pip) is the smallest unit of price movements in the forex. One point (pip) for GBP / USD is 0.0001 while the single point for the pair USD / JPY is 0.01. Example: Pair GBP / USD, the movement of 1.8500 to 1.8550 is 50 points.
The value per point (pip) depend on the number of contract size (lot) and the currency used.
Smallest Currency Unit (point / pip) and Contract Size
Contract Size (Lot) is the smallest amount in forex trading. In general, the contract size (lot) which is often used is the Standard Lot, Mini and Micro Lot Lot Standard Lot is $ 100,000, Lot is $ 10,000 Mini and Micro Lot is $ 1000.
If your forex broker supports the Standard and Mini Lot, then that means you can trade with a number multiples of 100,000 and 10,000. For example: $ 30,000, $ 120,000, and others.
Point (pip) is the smallest unit of price movements in the forex. One point (pip) for GBP / USD is 0.0001 while the single point for the pair USD / JPY is 0.01. Example: Pair GBP / USD, the movement of 1.8500 to 1.8550 is 50 points.
The value per point (pip) depend on the number of contract size (lot) and the currency used.
Smallest Currency Unit (point / pip) and Contract Size
Contract Size (Lot) is the smallest amount in forex trading. In general, the contract size (lot) which is often used is the Standard Lot, Mini and Micro Lot Lot Standard Lot is $ 100,000, Lot is $ 10,000 Mini and Micro Lot is $ 1000.
If your forex broker supports the Standard and Mini Lot, then that means you can trade with a number multiples of 100,000 and 10,000. For example: $ 30,000, $ 120,000, and others.
World Forex Market
Project Forex & Brokerage 5BKP24RS6NCR World Forex Market
Forex market is 24 hours continuous open 5 days per week. The table below us for a second that is based on the New York Times when Day Light Saving Time (DST) and Eastern Standard Time (EST or ET). Starting on March 9, 2008 - 2 November 2008 using the DST (GMT 11 hour faster than the NY Times DST), whereas on 2 November 2008 - March 8, 2009 using the EST (GMT 12 hours faster than the NY Times EST), and so on. For the full list you can check in http://timeanddate.com/worldclock/timezone.html?n=179
Timezone New York (ET / EDT) GMT GMT
Tokyo Open 7:00 7:00 00:00 pm
Tokyo Close 4:00 am 9:00 16:00
London Open 3:00 8:00 15:00 pm
London Close 12:00 pm 17:00 00:00
New York Open 8:00 am 13:00 20:00
New York Close 5:00 pm 22:00 5:00
New York Timezone (DST) GMT GMT
Tokyo Open 7:00 6:00 23:00 pm
Tokyo Close 4:00 am 8:00 15:00
London Open 3:00 7:00 14:00 pm
London Close 12:00 pm 16:00 23:00
New York Open 8:00 am 12:00 19:00
New York Close 5:00 pm 21:00 4:00
Forex market is 24 hours continuous open 5 days per week. The table below us for a second that is based on the New York Times when Day Light Saving Time (DST) and Eastern Standard Time (EST or ET). Starting on March 9, 2008 - 2 November 2008 using the DST (GMT 11 hour faster than the NY Times DST), whereas on 2 November 2008 - March 8, 2009 using the EST (GMT 12 hours faster than the NY Times EST), and so on. For the full list you can check in http://timeanddate.com/worldclock/timezone.html?n=179
Timezone New York (ET / EDT) GMT GMT
Tokyo Open 7:00 7:00 00:00 pm
Tokyo Close 4:00 am 9:00 16:00
London Open 3:00 8:00 15:00 pm
London Close 12:00 pm 17:00 00:00
New York Open 8:00 am 13:00 20:00
New York Close 5:00 pm 22:00 5:00
New York Timezone (DST) GMT GMT
Tokyo Open 7:00 6:00 23:00 pm
Tokyo Close 4:00 am 8:00 15:00
London Open 3:00 7:00 14:00 pm
London Close 12:00 pm 16:00 23:00
New York Open 8:00 am 12:00 19:00
New York Close 5:00 pm 21:00 4:00
Currency Pair (Currency Pair)
Project Forex & Brokerage 5BKP24RS6NCR Currency Pair (Currency Pair)
Currency (Currency) is always a pair or pairs for each forex transaction means you buy a currency and simultaneously selling another currency. For example rate / exchange rate for the pair GPB / USD GPB / USD = 1.8500, meaning that 1 pound is $ 1.85 USD.
Cross Rate is a currency pair (pair) that do not contain the official currency of a country where the currency is traded, such as foreign exchange transactions conducted in the U.S. (the official currency is USD). This means that the currency pair that does not contain the USD is the cross rate of USD. An example is the GBP / JPY, EUR / GBP, etc.. Pairs that do not involve USD and EUR are called euro involves cross like EUR / GBP.
Currency Pair (Pair) consists of two different currencies quote. Currencies are located on the left is the base currency. as an example of the GBP / USD then GBP called base currecy. While the USD is the quote currency or counter currency.
An example is the quote EUR / USD 1.2500, where as a base currecy EUR and USD as the quote currency. This means that USD 1 is worth U.S. $ 1.25.
If the quote moves from EUR / USD 1.2500 to EUR / USD 1.2510, the euro gained and weakened U.S. dollar. Vice versa if the quote moves from EUR / USD 1.2500 to EUR / USD 1.2490, the euro weakened and the U.S. dollar higher
Currency Pair Graph (Chart) moves EUR (base) USD (quote)
EUR / USD Rise Strengthens Weakens
EUR / USD Down Weakens Strengthens
When you BUY EUR / USD will mean you buy the base currency (EUR) and at the same time selling the quote currency (USD). If you SELL EUR / USD will mean you sell the base currency (EUR) and at the same time buying the quote currency (USD).
Buy EUR / USD -> Buy EUR / Sell USD
Sell EUR / USD -> Sell EUR / Buy USD
Another example:
Pair EUR / USD:
For the prediction of EUR strengthened against the USD, you can BUY EUR / USD
For the prediction USD strengthened against the EUR, you can SELL EUR / USD
Pair USD / JPY:
For the prediction USD strengthened against the USD, you can BUY USD / JPY
For the prediction USD strengthened against the USD, you can SELL USD / JPY
Major Currencies
Major currencies that are common and are often traded in the world are:
Symbol Country Currency
USD United States Dollars
EUR Euro members Euro
GBP Great Britain Pound
JPY Japan Yen
CHF Switzerland Franc
CAD Canada Dollar
AUD Australian Dollar
How a Forex?
Project Forex & Brokerage 5BKP24RS6NCR How a Forex?
Forex trading (Forex) is the exchange of one currency against other currencies in order to gain profit (profit) of the difference in currency values. For example:
A trader profits from the transaction BUY Pounds (Great Britain Pounds / GBP)
Trader What Do Great Britain Pounds (GBP) U.S. Dollars (USD)
A trader bought 10,000 pounds in early February 2007 when the price of GBP / USD 1.9800. (Buy GBP / USD) +10.000 -19.800 *
The next day, the trader 10.000 pounds exchange back into U.S. dollars at a price of 2.0000. (Sell GBP / USD) +20.000 -10.000 **
In this example, the trader earned a gross profit of $ 200. 0 +200
* $ 10,000 x 1.9800 = U.S. $ 19.800
(Traders are buying USD 10,000 by selling U.S. $ 19,800)
** $ 10,000 x 2.0000 = U.S. $ 20,000
(The trader sells GBP 10000 by purchasing U.S. $ 20,000)
Action Meaning
Buy EUR / USD Buying EUR by selling USD
Sell EUR / USD Sell AUD to buy USD
Forex trading (Forex) is the exchange of one currency against other currencies in order to gain profit (profit) of the difference in currency values. For example:
A trader profits from the transaction BUY Pounds (Great Britain Pounds / GBP)
Trader What Do Great Britain Pounds (GBP) U.S. Dollars (USD)
A trader bought 10,000 pounds in early February 2007 when the price of GBP / USD 1.9800. (Buy GBP / USD) +10.000 -19.800 *
The next day, the trader 10.000 pounds exchange back into U.S. dollars at a price of 2.0000. (Sell GBP / USD) +20.000 -10.000 **
In this example, the trader earned a gross profit of $ 200. 0 +200
* $ 10,000 x 1.9800 = U.S. $ 19.800
(Traders are buying USD 10,000 by selling U.S. $ 19,800)
** $ 10,000 x 2.0000 = U.S. $ 20,000
(The trader sells GBP 10000 by purchasing U.S. $ 20,000)
Action Meaning
Buy EUR / USD Buying EUR by selling USD
Sell EUR / USD Sell AUD to buy USD
What Is Forex and traded in forex?
Project Forex & Brokerage 5BKP24RS6NCR What Is Forex and traded in forex?
Trading FOREX (Foreign Exchange) or better known as the Forex (Foreign Exchange) is a type of trade transaction currency (currency) of a country's currency (the currency) other countries. With an average daily volume of U.S. $ 2 trillion, the Forex Market 46 times greater than all the combined market share and is therefore called the most liquid market in the world. Forex Market is a market that is open for 24 hours continuously
To increase your traffic we need to make link exchange every where so dont worry u just get the script link from the backlink banner bellow ......ok if u believe me grab now as soon as possible the script......
Trade Traffic
http://upskirtvewing.com
Trading FOREX (Foreign Exchange) or better known as the Forex (Foreign Exchange) is a type of trade transaction currency (currency) of a country's currency (the currency) other countries. With an average daily volume of U.S. $ 2 trillion, the Forex Market 46 times greater than all the combined market share and is therefore called the most liquid market in the world. Forex Market is a market that is open for 24 hours continuously
To increase your traffic we need to make link exchange every where so dont worry u just get the script link from the backlink banner bellow ......ok if u believe me grab now as soon as possible the script......
Trade Traffic
http://upskirtvewing.com
Assinar:
Postagens (Atom)