|
| |
 | |
|
|
Currency Trading Information Channel |
 |
|
|
| |
|
| |
|
|
Currency Trading Information Channel |
|
|
|
|
|
New Opportunities with Forex TradingThe simplest definition of currency trading is the practice of exchanging one country's currency for another country's currency. Basically, currency trading involves four main variables: currencies, exchange rate, time, and interest rate. The interplay of these variables creates opportunities for small investors to obtain investment returns that are generally unheard of in the traditional investment world. It is also referred to as foreign exchange, FX or Forex, but the essence remains the same that currency trading is the exchange of one currency against another. Perhaps, in terms of trading volume, the currency exchange market is the world's largest market, with daily trading volumes in excess of $1.5 trillion US dollars (although the figures may differ, but this is just an approximation to show its importance). One thing is for sure that in orders of magnitude it is much larger than the bond or stock markets. For example, the New York Stock Exchange has a daily trading volume of approximately $50 billion. So you can easily imagine its importance in the trading world of today. Moreover, contrary to earlier thoughts, currency trading is not limited to just larger organizations and other large banks and financial institutions, but open to everyone who has enough expertise and determination to hard work. You can start playing the currency trading market with real market conditions immediately. Trading opportunities in the forex currency trading market are now available to individuals through technology interfaces such as those used by major currency trading brokerage firms (usually large corporations with big tummies). If you decide to hire a professional who takes advantage of this technology, you will be able to view your accounts' closed trades 24 hours per day through a secured, online access portal. Historically, SMBs and individual investors have had limited access to the forex market. For decades, major banks, multinational corporations and other participants, trading in large transaction sizes and volumes, have dominated this market. However, just like many other business segments technology has lowered the barriers of entry and opened up this attractive marketplace to a new breed of investors and speculators. Technological advancement, along with liberal market sentiments, has allowed almost everyone to deal in currency trading, unlikely to the past when there were only few organizations that could trade the currency. You also can open a mini account with as little as $300 US although $2000 US is recommended. You can open a regular account with as little as $2000 US although $10,000 US is recommended. Mainly major banks, international organizations and some other are doing well in currency trading. Anthony Trister is a currency trader and is an owner of OneDayTrades which offers free, mechanical forex signals and an automated trading program for those wanting to trade forex. Free access available here: http://www.onedaytrades.com
 MORE RESOURCES updated Sat. December / 21 / 2024How Currency Trading Works Investopedia Euro FX EUR/USD Futures Overview CME Group VCG Markets Unveils Cutting-Edge Forex Trading App Markets Insider IG US Bucks Trend in Sluggish Forex Trading Market Finance Magnates Forex Demo Account Trading Investopedia AUD/USD, USD/CAD, NZD/USD: Commodity Currencies Hitch a Ride on China’s Yield Curve Rollercoaster FOREX.com US Currency Pairs: What They Are and How They Work Investopedia Stop Hunting With the Big Forex Players Investopedia China is considering softer currency Reuters.com When Foreign Exchange Intervention Can Best Help Countries Navigate Shocks International Monetary Fund How Leverage Works in the Forex Market Investopedia 8 Forex Trading Tips Investopedia Top 5 Books for Beginner Forex Traders Investopedia USD/JPY Forecast Benzinga How to Trade Forex on News Releases Investopedia 5 Forex Careers for Financial Professionals Investopedia A perfect storm for the Canadian dollar ING Think How Would a New BRICS Currency Affect the US Dollar? (Updated 2024) Investing News Network What Is the BRICS Group and Why Is It Expanding? Council on Foreign Relations EUR/USD Analysis Today 19/12: Nears Parity (Chart) DailyForex.com Dollar Dominance in the International Reserve System: An Update International Monetary Fund What Are the Most Commonly Traded Currency Pairs? Investopedia FOREX.com vs. Robinhood: Which Broker Is Right for You? The Motley Fool Fed forces Asia to choose: Accept weaker currencies or push back The Economic Times What Is the USD/JPY Currency Pair? Investopedia Indian Rupee Decline: Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade The Hindu Most used currencies SWIFT 2024 Statista Is the Iraqi Dinar a Wise Investment? Investopedia Most traded currencies in forex 2022 Statista Carry trades: What are they and why are they impacting the global economy? World Economic Forum USD/BRL Analysis Today - 17/12: Buying Stays Strong (Chart) DailyForex.com What Is an ECN Broker? Investopedia USD/JPY Analysis Today 19/12: Five-Month High Gains (Chart) DailyForex.com EUR/USD Forecast Today 19/12: Weakened Before FOMC (Video) DailyForex.com How Forex PAMM Accounts Work Investopedia Best Forex Brokers In 2024 Bankrate.com USD/CAD Analysis Today-18/12: Bullish Yet Vulnerable (Chart) DailyForex.com Forex Spread Betting: What It Is and How It Works Investopedia USD/PHP Forecast Today 20/12: Tests 59 Resistance (Video) DailyForex.com 15 Banks and Credit Unions That Exchange Foreign Currencies Business Insider USD/TRY Forecast Today 19/12: Extends Losses (Chart) DailyForex.com FX Spot+ CME Group Gold Analysis Today 18/12: Prices Steady (Chart) DailyForex.com EUR/USD Forecast Today 20/12: Drops Amid USD Strength -Video DailyForex.com Bilateral Currency Trade a la Africa: Understanding Trends Driving Currency Integration Across the Continent TRENDS Research & Advisory WTI Crude Oil Forecast Today - 19/12: Crude Oil Dips (Chart) DailyForex.com Gold Analysis Today 17/12: Continued Upward Trend (Chart) DailyForex.com Forex Christmas & New Year Holiday Trading Hours 2024 DailyForex.com Gary Stevenson: This Is How You Make Money Trading New York Magazine EUR/USD Analysis Today 16/12: Rising in Coming Days? (Chart) DailyForex.com Currency Market Today: Rupee rises from all-time low, gains 10 paise to 85.03 against US dollar BusinessLine Dax Forecast Today 19/12: Looks Positive (Video) DailyForex.com
|
