Diversification:
With the Stock Market and Banking Industry, having turbulent times diversification is the most important financial decision you can make. The Forex (Currency Market) is that vehicle that we believe at EnVestorOne that will help you to preserve your portfolio, and create more financial wealth and stability in today’s climate. One thing we would like [...]
Read Full Post »
Posted in Currency, Trading on Jun 25th, 2008
Although some retail dealers trade exotic currencies such as the Thai baht or the Czech koruna, the majority trade the seven most liquid currency pairs in the world, which are the four majors:
EUR/USD (euro/dollar)
USD/JPY (dollar/Japanese yen)
GBP/USD (British pound/dollar)
USD/CHF (dollar/Swiss franc)
and the three commodity pairs:
AUD/USD (Australian dollar/dollar)
USD/CAD (dollar/Canadian dollar)
NZD/USD (New Zealand dollar/dollar)
These currency pairs, along with [...]
Read Full Post »
Posted in Currency on Jun 23rd, 2008
How is the Currency Market different from the Stock Market?
How does this market differ from other markets?
Unlike the trading of stocks, futures or options, currency trading does not take place on a regulated exchange. It is not controlled by any central governing body, there are no clearing houses to guarantee the trades and there is [...]
Read Full Post »
Posted in Currency, Trading on Jun 22nd, 2008
Pip stands for “percentage in point” and is the smallest increment of trade in FX. In the FX market, prices are quoted to the fourth decimal point. For example, if a bar of soap in the drugstore was priced at $1.20, in the FX market the same bar of soap would be quoted at 1.2000. [...]
Read Full Post »