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Forex : What is Forex?

Example of a deal

You want to earn by own brain?

Forex is the market where you can earn a lot, using computer, internet and your knowledge. You need special software which you get from your broker for free. Study economy and earn of currencies rates fluctuations.

Forex is extremely volatile market so you may earn around the clock. It's simple, but requires time and good market understanding. Start you future with Finmarket!

It is not a coincidence that you are reading this page. Only those, who care about finance independence and wellness, visit here. So, you are at the beginning of the way that may lead you to the richness and fame, no matter how old you are and what education you’ve received.

What is FOREX, why does it attract so many people and how can you make money with it?

Certainly you heard about exchange trade and it’s popularity in the USA and European countries. Now it’s time for Ukraine to join the big trade community. For the expansion exchange trade is obliged to I-net technologies.

Its easy!

There is a special softwarå, you may receive information about prices (quotations) of different currencies, securities , so on through. Your goal, even having rather small sum of money (starting from USD 200 dlr), is to accomplish “sell-buy” operations with some currency against the other. The same is with securities and metals.

That is internet-trading


Working this way  on the world market, with the help of our company you’ll be able to benefit from currencies’ rate changes and earn 50, 100, 200 times more than you invest!  

So how a capital could be built with FOREX?

Let’s view real middle-term situation with EUR/USD rate, which arises on the market during the last year.

In February 2004 Euro rate arrive at 1.2930 level. That was a new historic maximum for that moment. After that the rate changed from up going trend to down going correction. In May we have the year minimum of 1.1770 and a following growth till June, through which we can build a trend line of correction tendency. 

on fin market we use methods of technical analyze of rate fluctuation estimation. See how during the summer importance of the line was approved by repeated bounces down.  But mention that the rate didn’t further fall down, as there was another line, built for minimums, keeping it up. In September the rate leaved a triangle shaped diapason, and coursed towards new growth. And here is one of the signals to buy Euro (a gap of convergent diapason). Let’s consider minimal volume (0.1 lot) to buy Euro.

To buy 0.1 lot of Euro (equal to 10000 Euro) for the price 1.2250 dlr per Euro trader has to deposit security of 122.5 dlr (100 euro rating 1.2250) to the dealing company’s account. This security is margin guarantee to the open position at the rate of 0.1 lot Euro. If Euro grows trader will have profit in dollars. It will be equal to the difference in rate changes multiplied to the operation’s volume (10000 Euro).  Thus, at the rate 1.2750, rate difference is 0.05 (1.2750-1.2250). So for the given lot we have 500 dlrs of net potential profit.

Now it’s time to come back to rate dynamics and signals. In October-November period Euro came over the last maximum (1.2930). That is a signal to buy. In this point trader has to deposit 129.30 dlrs of margin guarantee (100 Euro rating 1.2930) to open a minimal position of 0.1 lot.

Then Euro continued its rally and reached new historical maximum of 1.3670 dlr per Euro. It is risky to wait till the rate will fall (as it happened in January) better to insure profit and put an order to sell when the rate will fall down to 1.3500. 

As the result trader could receive 1250 dlrs of net profit: 1.3500-1.2250=0.125; 10000 * 0.125.

If trader uses the second signal to buy after 1.2930 he’ll earn extra 570 dlrs. But for such investment he would need 129.3 dlrs for extra margin guarantee.

And now imagine that you open position not with the minimal lot, but with 0.5, 1.0 lots and more! Isn’t it impressing, is it?

Is it possible to forecast rate changes?

As you can see from the diagrams of different currency vibrations, the given market is very dynamic. Thanks to this a lot of people all around the world have a chance to make real money, big sums of money.

 

If you are inspired with all read above, we suggest you our studying course that will help you to realize your ambitions in FOREX.

Full course of theoretical and practical lessons in specially designed dealing center is waiting for you.

Experienced traders are ready to share with you their secrets of success.




 
 
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  Graph - EUR/USD
EUR
W1

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  Quotations
Symbol Bid Ask
 EUR/USD
 GBP/USD
 USD/CHF
 USD/JPY
 EUR/JPY
 EUR/GBP
 GBP/CHF
 S&P 500
 NQCOMP

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  Best deals

Best deal of the month
Evgeniy, Kiev

operation buy #PG (3 lots)

14.08.2009 14:12
23.11.2009 22:37
open
close
52.32
62.75
profit (1430 points) 3129.00$
Best deal of the week
Vilen, Kiev
operation buy GBPUSD (1 lot)
27.11.2009 09:47
27.11.2009 16:41
open
close
1.6287
1.6407
profit (120 points) 1200.00$


  Levels
Support  Resistance
EUR/USD  1.3124  1.3149  1.3275  1.3313
GBP/USD  1.5798  1.5817  1.5903  1.5927
USD/CHF  0.909  0.9114  0.9198  0.9216
USD/JPY  79.3  79.44  80.06  80.23
AUD/USD  1.0718  1.0741  1.0845  1.0874
USD/CAD  0.9886  0.99  0.9944  0.9952

  Trends
Long Short
EUR/USD
GBP/USD
USD/CHF
USD/JPY
AUD/USD
USD/CAD


 
    EURUSD 1.2766/1.2768     GBPUSD 1.5779/1.5782     USDJPY 79.71/79.73     AUDUSD 0.9880/0.9882     USDCAD 1.0175/1.0178
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Ëèöåíçèÿ Ìèíèñòåðñòâà Ôèíàíñîâ Óêðàèíû AB¹082820 îò 03.07.2006ã.

 



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