𝗙𝗼𝗿𝗲𝘅 𝗣𝗿𝗼𝗳𝗶𝘁 #Trades in #currencies are often worth millions, which means small bid-ask price differences can add up to a significant #profit fairly quickly #FXProsAE #FXTrading #ForexTrading buff.ly/2E7wfLh

𝗟𝗼𝘁 𝗦𝗶𝘇𝗲 A #lot is the size of #trade or #position that you open in #Forextrading One lot in standard #Forex trading on a #currencypair is the equivalent of 100,000 units of the base currency of the pair. buff.ly/2SiDmFW

𝗠𝗼𝘀𝘁 𝗣𝗼𝗽𝘂𝗹𝗮𝗿 𝗖𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗣𝗮𝗶𝗿𝘀 The 5 most traded #currencypairs are: EUR/USD (Euro/US dollar) USD/JPY (US dollar/Japanese yen) GBP/USD (British pound/US dollar) AUD/USD (Australian dollar/US dollar) USD/CAD (US dollar/Canadian dollar) buff.ly/3kFZIwZ

𝗛𝗼𝘄 𝘁𝗼 𝗠𝗮𝗸𝗲 𝗠𝗼𝗻𝗲𝘆 Making a #profit in #FXTrading is relatively straightforward If you buy GBP and sell it for EUR and the value of the £ increases, you can exchange EUR for GBP and receive more money than you originally spent on the purchase buff.ly/345vvBD

𝗪𝗵𝘆 𝗶𝘀 𝗙𝗼𝗿𝗲𝘅 𝗔𝘁𝘁𝗿𝗮𝗰𝘁𝗶𝘃𝗲? The #FXmarket is all inclusive and allows large institutions, governments, retail traders and private individuals to exchange one currency for another It is the most liquid #market in the world buff.ly/2WR34lm

𝗛𝗲𝗱𝗴𝗲𝗿𝘀 𝗮𝗻𝗱 𝗦𝗽𝗲𝗰𝘁𝘂𝗹𝗮𝘁𝗼𝗿𝘀 #Hedgers look to avoid extreme movements in the #exchangerate #Speculators on the other hand, are risk seeking and look for #volatility in exchange rates to take advantage of buff.ly/2WR34lm

𝗥𝗶𝘀𝗸 There are some risks to consider with #fxtrading which #traders should make themselves aware of These include #leveragerisk #interestraterisk and #transactionrisk - the article below explains these in depth buff.ly/345vvBD

𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺𝘀 A #tradingplatform is the central element of ones #trading which means it's important to choose the right one Some key elements to look for are #trust #security and #analysis #FXProsAE #FXTrading buff.ly/345vvBD

𝗙𝗼𝗿𝗲𝘅 #Forex is #traded worldwide, including London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney This means almost every time zone is covered - the #forexmarket is extremely active at any time of day buff.ly/2SBTmR9

𝗙𝗼𝗿𝗲𝘅 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 According to a recent report from Bank for International Settlements, the average daily #Forextrading volume was more than $5.1 trillion #FXProsAE #fxtrading #currency #liquidity buff.ly/2SBTmR9

𝗛𝗼𝘄 𝗱𝗼𝗲𝘀 𝗙𝗼𝗿𝗲𝘅 𝘄𝗼𝗿𝗸? A unique aspect of #Forextrading is that all transactions occur via computer networks between #traders around the world, rather than on one centralised #exchange The #market is open 24 hours a day 5 days a week buff.ly/2SBTmR9

𝗠𝗮𝗿𝗴𝗶𝗻 The initial #capital a #trader needs in order to open a #position #Margin also gives the opportunity for a trader to open a larger position size With margin, a trader only need put forward a percentage of the position to open the #trade buff.ly/2SiDmFW

𝗕𝘂𝗹𝗹𝗶𝘀𝗵/𝗕𝗲𝗮𝗿𝗶𝘀𝗵 #Marketsentiment which gives a view of the performance of the #StockMarket When market sentiment is #Bullish, the price is going up When market sentiment is #Bearish, the price is going down #FXProsAE #fxtrading buff.ly/2SiDmFW

𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝗙𝗼𝗿𝗲𝘅 𝗨𝗽𝗱𝗮𝘁𝗲 #AH2WEALTH AH2 Wealth

𝗥𝗶𝘀𝗸 There are some risks to consider with #fxtrading which #traders should make themselves aware of These include #leveragerisk #interestraterisk and #transactionrisk - the article below explains these in depth buff.ly/345vvBD

𝗛𝗼𝘄 𝗱𝗼𝗲𝘀 𝗙𝗼𝗿𝗲𝘅 𝘄𝗼𝗿𝗸? A unique aspect of #Forextrading is that all transactions occur via computer networks between #traders around the world, rather than on one centralized #exchange The #market is open 24 hours a day 5 days a week buff.ly/2SBTmR9

𝗙𝗼𝗿𝗲𝘅 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 According to a recent report from Bank for International Settlements, the average daily #Forextrading volume was more than $5.1 trillion #fxtrading #currency #liquidity buff.ly/2SBTmR9

𝗠𝗼𝘀𝘁 𝗣𝗼𝗽𝘂𝗹𝗮𝗿 𝗖𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗣𝗮𝗶𝗿𝘀 The 5 most traded #currencypairs are: EUR/USD (Euro/US dollar) USD/JPY (US dollar/Japanese yen) GBP/USD (British pound/US dollar) AUD/USD (Australian dollar/US dollar) USD/CAD (US dollar/Canadian dollar) buff.ly/3kFZIwZ

𝗕𝗶𝗱/𝗔𝘀𝗸 𝗽𝗿𝗶𝗰𝗲 The #Bidprice is the price that a #trader is willing to sell a #currencypair, the #askprice is the price that a #trader will buy a #currencypair The difference between the two is known as #TheSpread #FXTrading buff.ly/2SiDmFW

𝗣𝗲𝗿𝗰𝗲𝗻𝘁𝗮𝗴𝗲 𝗜𝗻 𝗣𝗼𝗶𝗻𝘁 (𝗣𝗜𝗣) The smallest movement reflected in an exchange rate on a #currencypair It is used to measure value. #FXTrading buff.ly/2SiDmFW