TRADINGVIEW IS AN INNOVATIVE AND POWERFUL CROWD FUNDING PLATFORM

FOREX Trading is the process of buying or selling one, two or more currencies and this process is usually carried out and executed by a number of foreign exchange market participants. If an individual or an investor decides and take action in  buying the USD and or ZAR then FOREX trading has happened,

The term FOREX Trading is a huge term that is having about 100 000 to 1 million global average searches every month on Google keyword searches. Many people are on the perception that trading FOREX is the better way to generate passive or active income.

You can-never separate FOREX from currencies, without currencies there is no FOREX and vice versa.

Prolonging our discussion, sources have previously revealed that it would almost cost the New York Stock Exchange three to four months of trading to equal trading during one day of the FOREX market. This market is having about $5 to $ 6 trillion traded every day as researched in the year of 2018

The Foreign exchange market is very huge and comprises of so many main participants as mentioned above, being the bank, government,  investors, financial institutions, FOREX brokers and FOREX traders, since you can see by yourself the truth – not even the governments as a whole can take the completely control over the long-term direction in this market. However some unfair Banks took advantage by fixing prices to try to control the market by grouping themselves into one.

The Foreign exchange market is very huge and comprises of so many main participants as mentioned above, being the bank, government,  investors, financial institutions, FOREX brokers and FOREX traders, since you can see by yourself the truth – not even the governments as a whole can take the completely control over the long-term direction in this market. However some unfair Banks took advantage by fixing prices to try to control the market by grouping themselves into one.

Knowing about FOREX Trading is one of the simplest lesson you may obtain, however to be the best trader is another game that is only mastered by few individual. 

In the Foreign Exchange Market the first currency rate on the left hand side is called the Base currency and the second one on the right side is called the Quote currency.

All countries’ currencies are having their own unit value which fluctuates over time. The monetary policy is having a great influence on the exchange rate or to the market globally, The appreciation or depreciation of the exchange rate for these currencies is usually controlled and determined by the supply and demand from market participants, meaning when the demand is high then the prices will increase and vice versa and it is also influenced by the number of economic, political factors and other crucial events which plays an integral part in this process. That is why the currency of every country differs from one another in terms of its value and power, look – at this typical saying;

The value of the (USD) is not equal or the same to the value of (Euros) and on the other hand the value of (Euros) are not equal to the value of (ZAR) South African Rands.

Many people inquire whether Forex Trading is legit or illegitimate and also they usually inquire whether is there honesty in the market or it is just another scam trying to rob them their hard earned money.  

Forex Robots are computer programmed devices to help traders Increase their profit capabilities. It is anticipated that people who trade using Forex Robots are more successful than people who trade using their own logic. 

The majority of individual inquire, “where is the FOREX Market located?” In intent perspective there is usually no central location for currency trading to take place since people can still trade online or electronically. In reference to this the word, “Market” might be a bit misleading. Banks that process transactions for larger companies and governments do the biggest chunk of FOREX trading. The aforementioned institutions provide exchange rates in the broader market on a continuous basis. The most recent quote is generally seen as the current pricing for the currency. However there is a place for trading stocks and commodities which happen in the following cities:

• City of Johannesburg – This is located in South Africa
• City of London – This is located in United Kingdom and is the biggest in trading than all
• City of Tokyo – This is located in Japan and it is most well known in the world
• City of Hong Kong – This is located in China
• City of Singapore – This is located in Southern Asia
• City of Frankfurter – This is located in Germany
• City of New York – This is located in the United States of America
• City of Wellington – This is located in New Zealand
• City of Sydney – This is located in Australia

Forex quotes are live currency prices that Forex traders can use to compare the value of countries’ currencies. The reason for using Forex quotes is to get more insight of how much is the ( Bit – Purchase Price)or ( Ask – Selling  price ) to make a concrete decision. 

A Forex demo account is the practice account made for traders to learn to trade before they can engage themselves in real trading. A Demo Forex account is usually credited with an amount of $50000, traders will not withdraw or deposit to a Demo Forex Account.

FOREX Real Account is the live trading account whereby participants use real money to trade as opposed to the FOREX demo account. It is highly possible for traders to accrue profit while trading on the real account and also they may lose during this process.

“It was my 2nd year with the company (easy- markets) in 2009 when I finally got to meet the guy everyone in the company was talking about. He was sitting right next to me in a casual restaurant in Shanghai. At 28 years old, I heard stories how his income fluctuated between an amount of $40,000 to $60,000 a month, which is about R560 000 to R840 000, he earned this for 2 consecutive years. Here are few ways to make money online​​

After carefully observing him, I gathered the confidence to ask him something about the direction of GOLD and what his opinion was. He looked at me and with broken English said “I don’t even know where the GOLD price is right now”. His answer stunned me! And made me never to ask more about his currency tradings and his affairs to the Foreign Exchange Market,

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He had zero skills in FOREX trading but a huge network of people who would follow his recommendations as to which broker to trade with.

​​7 years later, he still doesn’t know the price of GOLD, yet that doesn’t matter. He is still our biggest Introducing Broker (I B)” close quote

Trading signals are the trading alerts and they provide traders with real-time buy and sell trading alerts  and also “when and where” to enter the market with entry point, stop and take profit targets.