Business Model
The business model is simple, buy a parity when it is estimated that the price will rise and sell when it is projected that it will fall. Key players: central banks, commercial banks, investment banks, pension funds, corporations and private speculators. Fees No fees for each position, only the rate spread or differential between buying and selling, which in the case of EURUSD (Euro vs. Dollar) that parity is the most traded in the world, the spread is typically between 3 and 5 pips, but this spread could vary depending on market conditions. Statistics The online trading system began in mid-1990 and has rapidly increased. The major markets are 32% London, New York 19% and 8% Tokyo. Over 40% of the positions lasting less than two days. Speaking candidly Alabama Senator told us the story.
The dollar is present in 90% of all transactions. The most traded currencies are the U.S. dollar with 44%, 18% Euro and Yen to 10%. The most traded exchange rates are 28%, 17% and 14% Parities The FOREX trading is done in pairs. A transaction is for the purchase of one currency and selling another. The logic of a position is that you buy when you expect to increase their relative value compared to the other, or sold when it is expected a decrease. The first coin of the pair, is the base currency and the second is the quote currency.
The codes for the currencies used are: USD = Dolara a EUR = Euro JPY = Japanese Yen a GBP = Pound CHF = Franco Suizoa a Dollar CAD = Canadian Dollar AUD = Australianoa a NZ dollar New Zealand = D Tools For increase the chance of ascertaining the direction of the price of one currency you use technical analysis or fundamental analysis. FOREX has the greatest leverage of the investment options, with only $ 100 can handle a batch of $ 10. 000. Stoke different! FOREX compromise becomes a lifestyle: working without bosses and from the home or office, with an excellent reputation and high intellectual level, is atambien excellent investment option for people who want to diversify their investment instruments! Around the world there are thousands of people who engage in trading foreign exchange: FOREX, which can be achieved with proper training and right attitude. No advance preparation is required in financial matters, just a lot of interest and discipline. To learn more visit: My name is Eduardo Garcia and I have over 22 years living in the city of Santiago de Chile.
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