HOT ITEMS >> PRO EXPERT ADVISOR HOKKYDJONG | PROFIT GUARATEED
HOT ITEMS >> PRO EXPERT ADVISOR HOKKYDJONG | PROFIT GUARATEED
Course Detail
Salepage: HOT ITEMS >> PRO EXPERT ADVISOR HOKKYDJONG | PROFIT GUARATEED
DETAILS OF THE PRODUCT: PLATFORM: MT4
TimeFrames: Any | M5 & H1 Are Recommended Trading Hours: 24 hours a day
Currency pairs: Any Major Pair | EUR/USD is Recommended.
Expert EA System and Manual are included with the purchase.
Any broker is OK, and it has been tested on liteFx, RoboFx tickmill, XM, and FBS. The license is unlimited, and the delivery is immediate (email inbox)
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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