Forex Trading Destination

Forex Trading Destination - Goal in Forex trading is the investor to benefit from foreign currency movements. Forex trading or currency trading is always done in currency pairs. For example today, the exchange rate of EUR / USD is 1.0857. This number is also referred to as the Forex or just "rate" for short. If the investor has bought € 1,000 at the time, he would pay 1085.70 dollars. One year later, the Forex rate was 1.2083, which means that the value of the euro (the numerator of the EUR / USD ratio) increased in relation to the U.S. dollar. Investors are now able to sell € 1,000 to receive 1208.30 dollars.

In the trade we can gain / profit if the market goes up or going down. His way is to analyze the Technical and Fundamental currency pair which will go up or down, and take the difference in profits.

If you believe the currency will be stronger (up) please make buy position, and wait for the price to rise, do closed (sell) when the currency exceeds the price of your purchase before. If you believe the currency will weaken (down) do sell position, wait for price drops, do closed (buy) when the currency was under selling price you earlier.
1. In order to more clearly see the illustration below:
Entry in positions Handoko BUY EUR / USD at 1.3000, after a certain time
Handoko SELL (CLOSE) at 1.3064 then Handoko gain 64 pips / point (the smallest unit in forex).
If Handoko SELL (CLOSE) in 1250 then suffered a loss 50 pips Handoko

2. Erik entered in position SELL GBP / USD at 1500 prices, after a certain time, Erik BUY (CLOSE) in 1400 then Erik gain 100 pips / point (the smallest unit in forex).
If Erik BUY (CLOSE) at the 1650 Erik loss 150 pips
From the example above shows that you can make a profit in 2 directions. Just how the placement of your starting position.

Note, if you look at the MetaTrader application (app forex) then:

The price used to OPEN BUY / LONG is the purchase price (ASK) and the prices used when you close / liquid is selling price (BID).
The price used to OPEN SELL / SHORT is the selling price (BID) and the prices used when you close / liquid is the purchase price (ASK).

How Forex Trading?
Forex trading is typically done through a broker or market maker. As a forex trader you can choose a currency pair that you want to sell / buy or trade.
With the development of Internet technology, booking and transaction requests can be done with just a few clicks of the computer, and the broker becomes your business partner. When you close your trade, the broker closes the position on the Interbank Market and credits your account with the loss or gain. This can all happen within a few seconds.

Risk Trading
Is it true that forex is scary? Trading in this market is very risky and should not be attempted by
beginners without the help of a seasoned trader. If you plan to enter the forex market, it is recommended that you should first learn about the forex market and how it works. In the forex market, you can easily make a profit and you can easily lose money anyway.

Forex trading can not be predicted accurately, it can make you lose large amounts of money. Taking a class that offers forex trading course is recommended in order to understand more about this market and learn how you can minimize your losses and maximize profits