Courses Infomation
Forex Capital Markets LLC: EURUSD Trading Strategy Workshop + FX Power Trading Course + GBRUSD Trading Strategy Workshop
Forex Capital Markets LLC: EURUSD Trading Strategy Workshop + FX Power Trading Course + GBRUSD Trading Strategy Workshop
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Description
The EUR/USD has had a rocky childhood since its official launch on January 4, 1999. The euro fell to a low of little under 83 cents in fall 2000 from a launch level of $1.17, but it has since rebounded by almost 50% in relation to the US Dollar and is presently trading close to the 1.2000 mark. The EUR/USD is one of the world’s most observable examples of mass psychology since it is the most liquid financial instrument. The EUR/USD adheres to technical analysis better than any other financial asset because this “mass psychology” transfers so effectively into it. Simply said, this is because every experiment with a bigger sample size (in this case, volume) will improve the accuracy of our future forecasts. Furthermore, many market players in the EUR/USD cash market, such as central banks and multinational firms, are not speculating for a number of reasons. The EUR/USD cash market is one of the ideal locations for a speculation to speculate because of these non-speculative investors, as there is still liquidity when important technical levels are broken (unlike the equities market).
FX POWER TRADING COURSE, offered by FOREX CAPITAL MARKETS LLC
The market where all currencies in the world are traded is called forex. The FX market, with an average daily trading volume over $1.9 trillion, is the biggest and most liquid market in the world. Since it trades over the counter, there is no central exchange. Similar to stock trading, forex trading lets you buy and sell currencies, but you can do it whenever you want, five days a week, with access to margin trading, and you have exposure to global markets.
WORKSHOP ON GBRUSD TRADING STRATEGY, FOREX CAPITAL MARKETS LLC
The market where all currencies in the world are traded is called forex. The FX market, with an average daily trading volume over $1.9 trillion, is the biggest and most liquid market in the world. Since it trades over the counter, there is no central exchange. Similar to stock trading, forex trading lets you buy and sell currencies, but you can do it whenever you want, five days a week, with access to margin trading, and you have exposure to global markets.
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
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