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Tag Archives: Foreign Exchange Market

Forex Trading signals on forex market. Growth and development

After the Second World War most European economies were destroyed. The only country that came out with no scars was USA. In 1944 after Brenton Woods Accord and IMF, the US dollar become reserve the currency for all capitalist countries of the world and the rest of the currencies, gold and crude oil were compared against it. We can say it was the beginning of foreign exchange market.

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Think Forex And Consider These Two Factors

In this piece I'll cover 2 significant benefits the foreign exchange market offers to traders. Daytrading with a tiny account if you'd like to daytrade with stocks and you have less than $25.000 on the account, you are probably going to have a tough life. The explanation is a rule called "pattern day traders" enables you to daytrade readily only if you have that amount or more on your account. If you have less, your daytrades ( positions entered and left the same day ) are restricted to 3 in any 5 trading days period.

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Reading a Forex Quote

Total newbies to the foreign exchange market can find reading a Forex quite intimidating (even baffling) at first. In fact, this is the most common initial hurdle. The quote is brief, but it packs in a great deal of useful information. And although it doesn’t make a lick of sense to a newcomer, here’s a quick, simple explanation of what it means. A Forex quote is always based on a pair of currencies, where you’re simultaneously selling one currency and buying another. And there are two prices, one for selling and the other for buying (bid price and ask price). ...

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