Skip to main content

What is Forex and how does It work?

Forex is a combine word that contains two different words, 1 is foreign exchange. Today, I will tell you, what is forex and how does it work?

Forex is a trading system of currencies of two countries. Actually exchanging of two currencies, it’s called pair of currency. Lets see an example. EUR/USD. Here EUR is base currency and USD is quote currency. Here EUR=USD. When it is 1.04548 that means 1 EUR = 1.04548 USD.

How does it work? If EUR is strong the USD will be weak at that time. 1 is opposite to another. And this idea is the main way to trade in a pair. Here, you can set your order on buy position or sell position. Sell position means you are going to reverse the pair. You can earn money during your vacation or past time, and you will be happy. But one thing trading in forex market is always risky; you may lose your money when you will be greedy and trade with your emotion.

If you want to trade in forex you have to open an account in a forex broker. I have given a link here in description, you can see more about it and learn how to find best forex broker to open an account.


Subscribe this blog to see next forex post. Thank you for reading this.
You can see another blog for forex related posts: forex learning blog
Labels:

Comments

Post a Comment

Popular posts from this blog

How to Check the Watermelon's Status

Watermelon is a seasonal fruit and is a very sweet in taste. It is a fruit seeded for summer. But the Watermelon's status or its condition checking is important whether it is good or bad. A bad condition watermelon can be harmful to your body. Let's check how to check your water Watermelon's condition. How to Check water Watermelon's condition To identify the goodness of your watermelon you may find some signs of goodness. We are giving you the signs bellow.  1. Watermelon's coat will not be in solid green colour.  2. It's color may be like the coat of the nuts.  3. It will return a blank sound when you tap it.  4. Watermelon's inside will be solid red colour.  5. Its taste will be sweet and and will give you fresh smell. Conclusion  Watermelon is a cool fruit in the hot summer. A fresh Watermelon is helpful for your body. It can boost your body's immune system and help get stronger in reproductive health. Check the Watermelon's status now whether it...
Post a Comment
To read full topic click here »

How to write a love letter, some tips

Take your time to seat on the table. If a letter is rushed, it shows. Pause to think before each lines, and look up difficult terms before you effort to curse them to avoid unattractive crossing outs. The most significant thing about writing a adore letter is that it should approach truly from your mind. Don't duplicate some cheesy idealistic quotes off the web net, and don't let your friends/family write it for you. Let your spirit do the saying. If you scatter perfume make sure you don’t get the piece damp! If you haven't been going out extended don't be too onward. Love mail is huge as a "refresher" in a association, possibly for a particular centenary or such. For a imagine twist, mark the letter in calligraphy. This not only lets you imagine more about what you say, it also looks far more inspiring. If you place lipstick on do not wrap it all over the document. See h...
Post a Comment
To read full topic click here »

How to Be Happy at Work

Workplace is a place where we spend quarter of our time or even half of the daily time. Many of us are not happy at their work. But we have to have it clearly good, because it gives us money and knowledge every time.  Experts say, if you get your work place happy, you will get happiness from the other part of your life too. Your daily routine must be manageable, and then you can identify the meaning of your life properly. The answer of the question ‘ how to be happy at work ’ is not ready to be shown in a short line. You can start the ways of being happy at work bellow now. How to find happiness Leave your bed before 1 hour of going to work Morning is beautiful. See it and enjoy it, if you want to enjoy your life. Wake up before at least 1 hour of going to your work. Take some breakfast and water then going out for 20 minutes to do physical exercise or jog. After that, take a shower and take heavy breakfast and then go to your work in a fresh mind. To do this duty, yo...
Post a Comment
To read full topic click here »