Forex Currency Trading - FOREX

Forex is the only market in the world which is trading around the clock. 24 consecutive hours. Speed in completing the transactions, the cost is very low, liquidity is high. All these factors make foreign currency trading market (or the foreign exchange market), more exciting for the market traders. The market for trading currencies that can not be equated with market share trading in terms of form, here, there is no known stocks the traditional sense of the word. But is composed of a huge global network is simply connecting a large number of currency traders in the world. Here are hundreds of trading between the banks over the phone or via the Internet.
The major currencies traded are: the U.S. dollar, euro, pound sterling, Japanese yen, Swiss franc, in addition to all the currencies of the world. How it works currency trading: In this market you can buy or sell currencies. Objective is to profit from the value of your contract. The implementation of the debate in the currency market is easy: a mechanical trading is the same in other markets, making the transition to a market exchange easy. The five largest centers are traded between banks, which account for two thirds of the volume of global exchange are: London, New York, Zurich, Frankfurt and Tokyo. Who are the players on this scene? 1 international banks. It is no secret to anyone that the banks are the largest and most important players in the arena of global trade in currencies. Are conducting thousands of transactions daily around the clock, which they exchange among themselves, or with Albrookr Aoualemsttmaren ordinary, through the permanent representatives in this area. It is well known that the biggest impact in moving the market and to identify and exclusively in the hands of his senior international banks, as their transactions amounting to billions of dollars daily. 2 Central Banks. Central banks conduct their transactions in this market on behalf of their governments, which often move in to influence the course of the direction taken by the private currencies, according to the interest to be consistent with financial policies, and thus protect its economic interests. 3 investment funds. Is due mostly to the institutional investors or pension funds or insurance companies, interfere in the market, according to the dictates of their interests. Recall the most famous of these funds, "H", a fund owned by renowned investor George Soros, who wrote a history in this area is still considered one of the largest direct investors who are able to influence the course of the market. 4 clients trade currencies. Important of these are limited in linking between buyers and sellers. In other words they are moving from the point as mediators between the different banks, the other hand between the banks and ordinary investors. In return for their work that they Ihzbon commission, or the so-called Brockerj. 5 independent people. These are ordinary people who have huge daily turnover of currency to finance their trips planned, or to secure access to their salaries, or at retirement, and so on. Today, the impact of the revolution that brought the Internet to the global communications and, after the successive collapses in the stock markets, and under the influence of the foggy atmosphere, which the Treasury bond markets in the world, is growing little by little the role of the independent dealers who have modest amounts of money in buying and selling daily, "the Day Trader. " Growing influence and grow the market in foreign currency exchange, so that many of them are engaged in this work, and spend their days in front of computers and buy all the selling, according to his vision of the course of today's events Circulation around the clock. As previously stated, the work on the currency markets over the past 24 hours. In the Calendar Today the most visible, start first in the Far East, in New Zealand, then moved to the role of Sydney in Australia, then to Tokyo and from there to Honkkong, Vsingaporp, and then Moscow, Frankfurt, London and finally New York, Flosse Angeles. Begin the work of foreign currency traders in Western Europe, seven in the morning. In the eighth in the work. It is necessary to devote the first half hour each day to analyze the market conditions, and study the latest developments of the day to bring about substantive, technical art, after which access to the new daily newspapers, or the exchange of information and contained the leak to the market, which could influence the course of the market. And thus have a clear idea, from which today's program, which is applied must be adjusted if needed to be the work of the day.