Basics forex:
Foreign exchange market, the currency is the international currency from around the world are traded. Forex trading is always in pairs, for example, the dollar / euro and the dollar / yen and euro / yen, the pound sterling / Swiss franc, and CAD / USD. American, Australian dollar, Japanese yen, British pound, Swiss franc, Canadian dollar, euro and the dollar are the seven major currencies in circulation. An average of 1.9 trillion dollars daily turnover, was arrested FX largest commercial market in the world.

Regardless of the enormous volume of trade takes place daily, Forex relatively new in the world in the field starts in 1971 and is only available to the public since 1998. Currencies like the U.S. dollar and the Swiss franc and was of gold. Unlike what happened in the early days when the huge investments needed to trade in currencies, it is now easy and craft activities that can be done only with computers with Internet access and the calculation active Forex. With the advent of Internet technology, has become an alternative to trade in currencies, the search for financial freedom without the inconvenience of traditional functions.

More than 70% of currency traders lose money in the currency market, because it is blind in circulation. Forex includes many risks and so well-designed method of analysis is essential. To reduce these risks to a minimum, forex dealers, as traders in another market, the implementation of technical analysis and fundamental analysis in the craft. (L beginners, starting with learning foreign exchange trading here.)

Basics

Fundamental analysis is for studies on events to the market. For example, the currency market, traders will focus on the basic events and situations affecting the value of a currency. These factors include the local bank policy, politics and nations, and the growth of the country, natural disasters, club atmosphere of the market, and terrorist attacks and wars.

Basic as it is known - the analysis of a number of dealers, where they invest exclusively in their personal rights and reviews one of the countries on the trends in the economy. Review basic distributor for the country's economy on the basis of these fundamental elements situation and respond. In general, natural disasters and political instability state poison the economy of one country and hence the value of the currency fall. Vice-binding, and if a country is essentially free from natural disasters, and he points to a steady economic growth in the economy, the currency of the country is strong.

In the external market, it will be difficult to trade solely on the basis of fundamental analysis just because you are an overview of the situation on the market. Digital data and graphs much need for a more accurate estimate of the movement of the market. This will mean that our The second type of analysis - technically.

Technically

He cited one of the FX site www.forex.com and technical analysis, is "a way of predicting price movements look at the pure market - generated data." (Also, in most cases, this market generated data: exchange rates (analysis is based on the concept of "history repeats itself, and through this situation in comparison with the past, technical analysis is highly effective in preparing the Zugangs-/Abgangsregelung-in the price index.

Rate cards are often the only point on a purely technical traders, with the help of graphic designs, several indicators for the purposes of planning and investment security. A number of indicators known forex dealers are an indicator of the strength, dynamism Index, the volatility index. Technicians believe that the currency exchange rate) or other digital data in the market) is moving in the direction it will always follow a pattern as the past.

Although the method seems certain with the old tracks in some cases, and it would be unsafe foreign exchange trading solely on the basis of technical analysis. The future is not on an equal footing with the past. There are many variables that unforeseen technical analysis does not take into account the following: change of political leaders and the government changes, natural disasters, changing strategies of the world, the mood of investors, war - all these factors affect the value of the currency and not already done so in the past. The combination of the two approaches (basic and functional) is always the best promotion for the land in your investment. http://best-forex-dealing.blogspot.com/