1$=Rs. 55
consider above example
when the left hand currency in the quote is forrien currency than it is said to be direct quote and if the left hand currency is home currency than quote is said to be indirect.
in above example we can say it is a direct quote in the point of view of India and can say indirect quote for US.
Forex is the only way to get more money.
Forex EA is an automated Forex software that follow some sophisticated logic and able to open and close orders by itself.
Curso Forex is a website about trading. Here one will find a lot of information on trading with forex, educational videos, recommended links, and a choice to get a subscription.
Forex indicators are tools used to try and evaluate the market predictions. http://www.forexindicators.net/
Forex rates are determined by a variety of factors. See related links for more information about this.
In a lot of cases there is not a difference between them. I would personally advise take a free forex course as you can learn just as much.
The difference between Forex and stock trading is that one is national and the other is international. This means that when one is transacting Forex trades, one is trading on foreign markets. With this clear difference in mind, several other differences arise, such as their different hours of operation, their dependencies on differently valued currencies and also that someone does not need to work through a broker for forex trading.
Because of forex market and demand & supply
In most cases there is no difference. Always go for the free forex course. A good site for beginners is www.forexrepublic.info
buy high sell low
In Forex trading, there are various fees and charges to be aware of. These may include spreads (the difference between the buy and sell price), commissions (if applicable), and overnight financing costs for holding positions overnight.
A non convertible currency is a money system that is not part of the FOREX exchange. It cannot be converted into other currency.
see the third & fourth link of this website: total-forex-trading.co.cchope you get answer; good luck !
Forex Converters are used to determine the best current rate-of-exchange between certain currencies and to convert exchange rates between particular currencies.
Forex Platform is a type of foreign exchange. The Forex is one of the largest liquid market in the entire world. It helps countries trade between each other.
There are a very wide number of brokers that offer Forex mini accounts. A complete list of the best ones can be found on "100 Forex Brokers" but some that are listed are ACM Gold, Citypoint Trading, Direct FX and FIBO Group.
So I’ve traded Forex for around 5 years and became “profitable” about a year ago. I know all the basics of Forex but recently ran into ICT and enjoy the concepts he promotes(not looking for a debate about why he’s good or bad, everybody has their own opinions) and I’ve decided to become more interested in futures instead of Forex, due to the more predictable market patterns creating a larger move in futures compared to Forex pairs. My question is, what do I have to do research on to fully understand what I see. What’s the big difference between the 2?