Sunday, June 14, 2009

The online Currency Trading Basics tips

The All currency trades involve the buying of one currency and the selling of another, simultaneously. that is, the value of one currency relative to another. The relative supply and demand of both currencies will determine the value of the exchange rate.

When a currency trader places a trade he wants the currency purchased to appreciate in value versus the currency sold. His ability to determine the direction that the exchange rate will move, will dictate his gain or loss in a trade. Let's do an example with a currency quote obtained from the forex trading system.

currency trading example

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