What is the Forex? just my liitle note !!

Thursday, November 18, 2010

Spot traded on the Stock Market is the largest financial transactions that exist in the world today, where more than $ 1.9 trillion traded every day. Starting from Market Asia zone, European zone and the zone of Americans every day 24 hours non-stop.

What is traded? Namely Currency Pair, the currency of a country differences with other countries. Forex / Forex trading usually are traded in the form of "Pairs" or currency pair.
Usually the currency pair (cross) with the U.S. Dollar (USD) which is known as "the Majors Currency" such as the Euro Dollar (EUR / USD); the British Pound (GBP / USD); the Japanese Yen (USD / JPY); and the Swiss Franc (USD / CHF). There are also other commodities such as Canadian Dollar (USD / CAD) and the Australian Dollar AUD / USD.

Earlier, trading / transactions from the forex market can only be via telephone with the Bank's network is connected with the Global Market, through koorporasi multinational companies, the importers or exporters, and the Forex brokers. Formerly indeed this transaction can only be done by a very limited circle. However, now different.

Since its start developing rapid e-economy, the online Forex trading can be done through a "mini account" traders individuals like you and me.

Requirement is easy, you have a computer unit connected to the Internet, then you can perform the transaction as appropriate major banks in the Forex Exchange. Until now has grown as much as 1.7 Billion New Account "Mini Tradder" Online Markets around the world since 1997. This transaction is not MLM (Multi Level Marketing), not the Money Game, not a HYIP but your personal transactions on the "Spot Market" with gains and losses that you earn as befits a "merchant".

Forex Trading Advantages / forex online
Some of the advantages of Forex transactions / Online forex trading that makes this into an opportunity that is so big:

LEVERAGE: In Forex tradding, a small margin deposit can as a representative of the value of contracts traded. Leverage gives the trader the ability to make extraordinary profits and at the same time keep risk capital to a minimum. Some Forex firms to provide 100: 1 leverage, meaning that with $ 100 dollar deposit on the Spot Market, a trader can buy-sell transactions of $ 10,000 worth of currencies. And movement of 1 pips generate $ 1.

Liquidity 24 HOURS: This is due to trade the Forex Market is very large, it is Also extremely liquid. Market forex run for 24 hours, rotating from New Zaeland & Australia market which took place at 5:00 to 14:00 pm, continues into the Asian markets of Japan and Singapore which took place at 07.00 - 16.00, to European markets of Germany and England that lasted at 13:00 to 22:00, to the American market which took place at 20:30 to 10:30. In a historic development, the central bank's reserves of countries with large foreign currency can be defeated by force even if the forex market / forex free.

CHANCE 2 DIRECTIONS (Two Ways opportunities): In Forex / Forex Market is you can benefit from the 2 sides of the movement of the currency pair (currency), the movement up or down it can be traded. Traders can take profits with its open position "Long position" (selling the currency pair at a certain price and then sell them back at a higher price), or a 'short' position, (selling the currency pair at a certain price and then sell it back on when the price is lower). For example, if you think the U.S. dollar will increase in value vs. the Japanese Yen, then you will buy Dollars and sell Yen (go long). Throughout a trader to get the appropriate direction, then he will have the potential to make a profit.

FREE 'DEMO' ACCOUNTS, NEWS, Charts (GRAPHIC CURRENCY) AND ANALYSIS: Most Online Forex firms always provide a free 'Demo' accounts to practice trading, and is also equipped with "breaking Forex news" and services the complete graph currency to view online currency movements (the "charting" services). This is beneficial for you, where you can advance to advanced exercises using a 'virtual' money of $ 10,000 before opening an account "live trading account."

little sinsitive, how ISLAMIC FOREX views of business?
In his book, Prof. Drs. Zuhdi Masjfuk entitled Masail FIQHIYAH; Capita Selecta Islamic law, found that the Forex (Foreign Trade) is allowed in Islamic law.
Trading foreign exchange arises because of the trade goods / commodities between countries that are international. Trade (Export-Import), this would require a means to pay the MONEY that each country has its own provisions and different from each other in accordance with supply and demand among these countries which raised COMPARATIVE VALUE OF CURRENCY between countries.

Comparison between the currency value of the state collects in a MARKET EXCHANGE or an international nature and bound in a mutually beneficial agreement. The currency of a country with other countries this change (fluctuate) at any time based on the volume of demand and supply. The existence of demand and supply is what caused the transaction currency. Which obviously is the exchange of different currencies value.

What is meant by PAIR, and how many in the FOREX PAIR / FOREX ONLINE?
Pair means the currency pairs that can be traded in FOREX, or Foreign Exchange Online is a lot of PAIR in FOREX some examples:

EUR / USD: Euro / US Dollar called the euro
USD / JPY: U.S. Dollar / Japanese Yen is often called Dollar Yen;
GBP / USD: British Pound / U.S. Dollar is often called Cable;
USD / CHF: U.S. Dollar / Swiss Franc is often called Dollar Swiss, or Swissy;
USD / CAD: U.S. Dollar / Canadian Dollar Canadian dollar is called, or C-Dollar;
AUD / USD: Australian Dollar / U.S. Dollar Aussie Dollar called;
EUR / GBP: Euro / British Pound called Euro Sterling;
EUR / JPY: Euro / Japanese Yen is often called Euro Yen;
EUR / CHF: Euro / Swiss Franc Euro Swiss called;
GBP / CHF: British Pound / Swiss Francdisebut with Sterling Switzerland;
GBP / JPY: British Pound / Japanese Yen is often called Sterling Yen;
CHF / JPY: Swiss Franc / Japanese Yen Yen called by Switzerland;
NZD / USD: New Zealand Dollar / U.S. Dollar called the New Zealand Dollar or Kiwi

Now do U now what is the big broker forex in the word? To Be CoNTINUE...