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What is Forex position and how it is accounted?

Anonymous

∙ 13y ago

Updated: 8/19/2019

Having a Forex position means having a long/short position on one of the pairs.

For example: having a position of 10,000 EUR/USD means that you bought 10,000 EUR using USD. If the price of the EUR/UDS will rise you'll be able to sell your position in profit.

Wiki User

∙ 13y ago

What else can I help you with?

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In forex how do you make money in a downtrend?

Before currency drop, you place a "SHORT" position. After the currency drop, you will make profit.

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An unrealized Forex gain or loss refers to the potential profit or loss on a currency position that has not yet been closed or settled. It occurs when the exchange rate of a currency pair changes after the position is opened but before it is finalized. For example, if a trader holds a long position in a currency and its value increases, the gain is unrealized until the trader sells the position. Conversely, if the currency's value decreases, it results in an unrealized loss.

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"The Managed Forex has to do with trading.

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India holds ninth position in terms of foreign-exchange reserves as of may 2012.

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One can check the Forex markets on the Forex official website. The website Forex Markets is also a good way to check on all the latest news and charts regarding Forex.

What is a forex cover?

I'm not familiar with the term "forex cover" in the context of foreign exchange trading. If you can provide more information or context about what you mean by "forex cover," I'll do my best to assist you with a more relevant answer.

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There are many places where one can find and read forex broker reviews. One can find and read forex broker reviews at popular on the web sources such as Daily Forex and Go Forex.

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EarnForex is a website that has a list of different Forex Brokers. Forex Trading Charts is another place to look and see a listing of different Forex brokers available.

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You can go with Forex Brokers like Integerfx.

Why is forex useful?

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When was Forex-Metal created?

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