Forex notes

anant1a

New member
The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or FX or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of about $2 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks! What is traded on the Foreign Exchange? The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the Euro dollar and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).

Because you're not buying anything physical, this kind of trading can be confusing. Think of buying a currency as buying a share in a particular country. When you buy, say, Japanese Yen, you are in effect buying a share in the Japanese economy, as the price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy. In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to the other countries' economies. Unlike other financial markets like the New York Stock Exchange, the Forex spot market has neither a physical location nor a central exchange.

The Forex market is considered an Over-the-Counter (OTC) or 'Interbank' market, due to the fact that the entire market is run electronically, within a network of banks, continuously over a 24-hour period. Until the late 1990 s, only the big guys could play this game. The initial requirement was that you could trade only if you had about ten to fifty million bucks to start with! Forex was originally intended to be used by bankers and large institutions - and not by us little guys . However, because of the rise of the Internet, online Forex trading firms are now able to offer trading accounts to 'retail' traders like us. With the help of the Forex- Killer software, you will be able to start out trading without any knowledge or skills at all because the software predicts the exact entry and exit points into the market. If you have not downloaded it yet i strongly suggest you give it a spin over at
http://forex-killersecrets.blogspot.com


Hope this mgt help.

Thanks
 

ROHAN KACHALIA

Par 100 posts (V.I.P)
hi i m new to this site how do i access the foreign exchange project

Well to access any project you must have a minimum of 10 posts then and only then you can access the projects. So start posting your views in the debates section, post some good articles,,and ofcourse you can play games too.

So start posting and enjoy your.
 

atulslife

New member
Re: doing business in india

ankit its the one of the best file i read on mp
thank alot 4 this dear...........
 

aishu1990

New member
hey i am new to this forum and can anyone tell me if de count of de post shld be 1 or larger dan 1 to access the attachment..
 

veeraragavan

New member
Well to access any project you must have a minimum of 10 posts then and only then you can access the projects. So start posting your views in the debates section, post some good articles,,and ofcourse you can play games too.

So start posting and enjoy your.

Thanks man I tried downloading for ex notes but its empty
 
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