what the heck is currency pair and how the heck does it work?
is buying selling in currencies, commodities futures allowed in islam.........plzzzzzzz i need the answer as soon as possible thanxx in advance!!!!!
Do you trade yourself or through a broker?Would you recommend Forex trading to someone totally new to it or even to people who have been trading stocks etc??
Hi,
Im wondering whether the cross pair currency rates are determined by speculative traders or arbitrage trading computers. For example you have two liquid pairs:
EUR/USD
USD/CAD
and a cross rate
EUR/CAD
I figure, since most of the speculative trading is done on EUR/USD and USD/CAD, the EUR/CAD exchange rate is made by arbitrage traders adjusting the correct cross rate so there is no cross currency arbitrage. That means there are a lot less speculative trades on the EUR/CAD pair than on the EUR/USD for example, percentage wise that is, right? Given that, trading on the cross rate is alot harder, since the market psychology is made up of less traders and more arb, right?
FOREX IMPLIES FOREIGN EXCHANGE.IT IS A 24HOURS TRADE
e-mail me
I give a class on FOREX (Foreign Exchange) and would like to start giving it over the web. How should I go about advertising for free on the internet?
Hi... I Needed a good-one liner for Overseas Education Forex Provider...
It should be something like... Are you looking to study abroad?... Or extend the boundaries of your learning?....
Hi,
Im looking for experienced traders to share what broker they think is best. Im looking for an ECN broker, not a market maker that trades against their clients. I want to actualy be able to enter my trade in the interbank market between the spread so I can see it.
Currently I use Interactive Brokers, but im looking for a more specialized forex broker.
hi does anyone use this and does it work?how well are you doing or not doing using it?many thanks,
tod
I have learned how to trade forex, and i can analyse well.
I have practiced for 2 years on demo accounts and i have gained a lot of skills and make good profit(virtually).
the problem is that i dont have the cash that i need to open an account, you need at least 5,000$
i read about account managing, that is if you have the skills you can trade for someone who has the money but no time or knowledge(in return you get a % of the profit),
but where can i find such people ?
if you can, plz tell me what can i do?
if so, how much have you earned/lost till yet and what site do you use?
Also, how does forex trading affect the economy?
Hi,
Its hard to find a broker that offers forex options. The one I know is Saxobank. When I tried the demo account, it lets you choose the exact strike price (5 pip increments) and the expiry date, day by day. They are way to customized and the pip spread is always 15 pips on most of them. This tells me one thing, saxo bank is trading against their clients, so its in their interest to manipuate the spread and win when client loses.
Why are there no standardized options for forex like they have with stock options (expiry month, fixed strikes) they would be SO MUCH more liquid than those phony currency futures options.
Or correct me if Im wrong, do they exist?
I don't mean just a practice account; I mean something that actually guides you through the process, and explains what's going on, the terms used, etc.
I was looking for good one