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Forex news, e-books, analitics, free signals, forex video, indicators, forex TV, calculators for traders
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Forex news, e-books, analitics, free signals, forex video, indicators, forex TV, calculators for traders Forex news, e-books, analitics, free signals, forex video, indicators, forex TV, calculators for traders Forex news, e-books, analitics, free signals, forex video, indicators, forex TV, calculators for traders : FOREX / FOREX (Foreign Exchange Currency Market) - the international interbank foreign exchange market. The date of foundation valyutngo Market (FOREX) is January 8, 1976, when at a meeting of ministers from the IMF's membership in Kingston (Jamaica), adopted a new agreement on the structure of the international monetary system that took the form of amendments to the rules of the IMF. The system replaced the Bretton Woods monetary system. From this moment freely floating rates become the only way to exchange rates. In a new monetary system finally there was a refusal of the principle of determining the purchasing power of money based on the value of their gold equivalent. Money countries parties to the agreement ceased to have official gold content. The exchange began to occur in the free market at free prices. Forex is a separate kind of world financial market. The aim of traders seek profit as a result of the purchase - sale of foreign currency. Exchange rates with other currencies, which are on the market are constantly changing due to changes in supply and demand, severely affected by any important developments in human society, economics, politics and the environment. As a result, changes in either side of the present value of foreign currency. Using this change in accordance with the known principle of the market "to buy cheaper - sell higher price, traders make a profit. From the other sectors of the financial market Forex for their rapid response to the effects of multiple and ever-changing external factors, are available to any individual and corporate traders, extremely high turnover, which creates security of liquidity in currency rates around the clock operation, allowing traders to work outside normal working hours or during national holidays in their countries, using this time working in overseas markets. Like any other market, Forex trading with its exclusively high potential profitability is fraught with considerable risk. Success in it is only possible after some training that includes familiarization with the variety and structure of the Forex, the principles of currency pricing factors affecting the price change and the degree of risk in trading, sources of information to take account of these factors, methods of analysis and forecasting of market movements, the rules and tools of trade. In preparation for the forex trading plays an important role workout using a demo account that allows you to apply in practice to the theoretical knowledge and acquire the necessary minimum trade experience without the risk of material damage. Major participants in the FX market: commercial banks, currency exchanges, central banks, firms engaged in foreign trade operations, investment funds, brokerage firms and private individuals. Greatest interest for the speculators are the most common, most liquid currency. To date, over 85% of all transactions are in the Majors, which include the U.S. Dollar (USD), Japanese Yen (JPY), Euro (EUR), British pound (GBP), Swiss Franc (CHF), Canadian (CAD ) and Australian (AUD) dollars. Example profit on Forex
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