Tuesday, August 2, 2011

FOREX TRADING BUISNESS


FOREX TRADING BUISNESS:

 It is defined as placing trades on the value of currencies as they change direction in the Foreign Exchange (FOREX) currency market. For example, if you think that the value of the Euro will go up as it relates to the dollar you can place a buy trade on the pair of currencies.  The pair is represented by the EUR/USD  symbol. The value of currencies traded each day is more than $6 trillion.  It is so large that it makes it virtually impossible for any single entity to manipulate the market.  Market manipulation has been a problem for many open markets in the past. The fact that the trades can be made electronically and instantly also helps it to remain neutral.

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