Tag: Forex Trading

What are Crosses? | Learn Forex in 60 Seconds
Forex, Learn in 60 sec

What are Crosses? | Learn Forex in 60 Seconds

https://www.youtube.com/watch?v=XLX0PnOYPSYCrosses is the label given to currency pairs that do not involve the USD (Us Dollar). Some of the most actively traded Crosses include the Euro Japanese Yen (EURJPY), New Zealand Dollar Japanese Yen (NZDJPY), British Pound Japanese Yen (GBPJPY), Euro British Pound (EURGBP), Euro Swiss Franc (EURCHF) and the Australian Dollar Japanese Yen (AUDJPY) pair. Just like all currency pair groups, Crosses share similar characteristics that define them and differentiate them from other groups. These characteristics make them riskier to trade than the Majors: they are less liquid, more volatile, more susceptible to manipulation and have a higher sensitivity to sudden shifts in political and financial developments.Start TradingDisclaimer: The ...
What are the “Major” trading currency pairs? | Forex in 60 Seconds
Forex, Learn in 60 sec

What are the “Major” trading currency pairs? | Forex in 60 Seconds

https://www.youtube.com/watch?v=tFaQOI0xdWEIn Forex you exchange one currency for another with the intention of making a profit. The seven most traded currency pairs in forex are called the Majors.Compared to other pairs, the Majors share certain characteristics that make them very popular for traders. These characteristics are the reason they represent about 80% of volume traded on the forex market. The reporting in their economies is plentiful and frequent which means that there is more information regarding these currencies. However, their popularity also relies on their liquidity and low volatility. They are also less susceptible to manipulation and have tighter spreads than other currency pairs.
What is a Bid Price/What is an Ask Price? | Forex in 60 Seconds
Forex, Learn in 60 sec, Suggested

What is a Bid Price/What is an Ask Price? | Forex in 60 Seconds

https://www.youtube.com/watch?v=54o-uAkt6ssThe Bid price is the price a forex trader is willing to sell a currency pair for. Ask price is the price a trader will buy a currency pair at. Both of these prices are given in real-time and are constantly updating. So for example, the British pound against the US dollar has a bid price of 1.20720, that’s the price a trader wants to sell the GBPUSD. A seller who thinks a currency will decline, might sell at the bid price to take advantage of the fall. If the British pound against the US dollar has an ask price of 1.20740, that’s the price a trader wants to pay in order to buy the currency pair. The difference between the ask and the bid price is the spread.Trade ForexDisclaimer: The content in this video comprises personal opinion...
I Tried Forex Day Trading for a Week (Complete Beginner)
Forex

I Tried Forex Day Trading for a Week (Complete Beginner)

https://www.youtube.com/watch?v=Z0QLk-LYwPMIn this video I tried getting into Forex Day Trading as a completer beginner for one week straight. To do so I watched a lot of how to day trade forex tutorials as well as referring to babypips.After having a call with someone who is an experienced Forex Trader and makes a full time online income from Forex, I was told to look into a Forex Day Trading strategy called Divergence. This strategy was beginner friendly and fairly easy to understand, however, I only got to incorporate it once in my day trading. My other trades were based on identifying patters on the price graph and then referring to some indicators.After completing this video I realized that there is money to made with forex day trading, however it is very risky and is...
Forex Trading Course – LEARN TO TRADE STEP BY STEP
Forex, Online Trading, Videos

Forex Trading Course – LEARN TO TRADE STEP BY STEP

https://www.youtube.com/watch?v=W7IGTX_PesoIn this course you will learn everything you need to know to start Trading the Forex Market right now! This is not just a theoretical course, there is LIVE Trading Included (where we show you how to use the information learned to Trade Live in Real Time).Introduction0:00 About your Instructor 2:02 What You'll be Able To Do After This Course4:26 What You'll Learn in This Course7:19 What's Expected of YouThe History of Money9:12 Barter and Gold17:06 Paper Money26:52 Gold Standard35:08 Bretton Woods37:28 End of the Gold Standard40:08 DiscussionThe Forex Market Quotation45:19 How to Make Money51:11 Currency Pairs55:29 Major Pairs & Cross Pairs59:28 Market Structure ExplainedFOREX Terminology1:06:15 ...
What Is Forex Trading? SIMPLIFIED Explanation Easy To Learn For Beginners
Forex, Videos

What Is Forex Trading? SIMPLIFIED Explanation Easy To Learn For Beginners

https://www.youtube.com/watch?v=ZTZ-X5cf-6QBefore we delve any deeper into the possibilities that exist in the Forex market, we need to go over some basic Forex market terms.Pip: A pip (percentage in point) or point, is usually the smallest unit of measurement in the Forex market. Most currency pair quotes are carried out four decimal places—i.e. 1.4500. When you work with Alpari quotes are carried out to the 5th decimal place to provide better pricing. The 5th decimal place represents fractional pips. If the exchange rate of a currency pair moved from 1.45000 to 1.45100, we would say that the price moved up 10 pips. You make money when the pips move your way in a trade.Note: Any exchange rate that contains the Japanese yen as one of the currencies will only be carried out t...
How to Trade on FX Option – Trade Forex With IQ Option
Forex, Online Trading

How to Trade on FX Option – Trade Forex With IQ Option

https://www.youtube.com/watch?v=37Us6lIBnzsHow to trade strikes on FX Option. Watch how I explain the way strike works on IQ Option.If you use strikes correctly, you can earn profits up to and ubove 1000%!DISCLAIMER: THIS IS NOT AN INVESTMENT ADVICE, SO YOUR CAPITAL MAY BE AT RISK!Remember, think calm, trade smart and see you later!Credit: Trusted Broker ReviewsTrade forex on the IQ Option platform and enjoy reliable pricing and exceptional execution.Free Practice AccountTrade Now
Forex Trading The Basics – Explained in Simple Terms (free download ebook)
Ebooks, Forex

Forex Trading The Basics – Explained in Simple Terms (free download ebook)

This book is geared towards providing information in regards to the topic and issue covered. The publication is sold with the idea that the publisher is not required to render accounting, officially permitted, or otherwise, qualified services. If advice is necessary, legal or professional, a practiced individual in the profession should be ordered.From a Declaration of Principles which was accepted and approved equally by a Committee of the American Bar Association and a Committee of Publishers and Associations. In no way is it legal to reproduce, duplicate, or transmit any part of this document in either electronic means or in printed format. Recording of this publication is strictly prohibited and any storage of this document is not allowed unless with written permission from the publis...
Forex Trading For Beginners (Full Course)
Online Trading

Forex Trading For Beginners (Full Course)

https://www.youtube.com/watch?v=Xb4KWuHmHBQTime Stamps:What is a pip? - 10:40What is the value of a pip? 27:00What is leverage? 45:00Start TradingNOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.GENERAL RISK WARNINGCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.87% of retail investor accounts lose money when trading CFDs with this p...
Real-time Foreign Exchange Rates
Forex, Online Trading

Real-time Foreign Exchange Rates

Start TradingLive streaming foreign exchange dashboard guide:Currency Active Currency :The green bars show the currencies are stronger, the longer the better and the red ones show the currencies are weaker, the longer the better.Time : The time given is according to GMT +8.Market Active : YES indicates the market is currently active and good for trading NO indicates the market is currently not active and not good for tradingTop Scalping Buy and Top Scalping Sell : The longest green bars show the currency pairs that are the most active currency pairs and best pairs for an instant buy entry. The longest red bars show the currency pairs that are the most active currency pairs and the best pair for instant sell entry.ADR : The Average Daily Range shows ...