forex trading

Bid-Ask Spread - ANSWER-the difference between the bid price and the asked price Support and Resistance Levels - ANSWER-Support and Resistance are two key levels that can be identified in the market. Support is where pending orders such as buy limits get filled. Which will cause the asset to rise, meaning that buying pressure has increased ( demand ) Resistance is where pending orders such as sell limits get filled. Which will cause the asset to fall, meaning that selling pressure inc...

Forex markets - ANSWER-The forex markets is the crossroads for international capital, the intersection through which global and investment flows have to move. Global financial investment flows dominate trade as the primary non speculative source of forex market volume. Forex market is a traders market - ANSWER-It's a market that's open around the clock. Six days a week, Enabling traders to act on news and events as they happen. Liquidity - ANSWER-the level of market interest - the level ...

Forex - ANSWER-Foreign Exchange (FOREX) refers to the foreign exchange market. It is the over-the-counter market in which the foreign currencies of the world are traded. It is considered the largest and most liquid market in the world. Pair - ANSWER-A currency pair is the quotation and pricing structure of the currencies traded in the forex market; the value of a currency is a rate and is determined by its comparison to another currency. The first listed currency of a currency pair is called ...

Foreign Exchange Market - ANSWER-market in which individuals; firms and banks buy and sell foreign currencies or foreign exchange. reasons for participation in forex market - ANSWER-4: One of the principle reasons people desire foreign currencies is to purchase goods and services from another country or to send a gift abroad. A second important reason for acquiring foreign currencies is to purchase financial assets (foreign stocks or bonds or to acquire direct ownership of real capital) in ...

What is the FOREX market? - ANSWER-The largest financial market in the world of foreign exchange. What is the trading volume of Forex throughout the day? - ANSWER-Over $5 trillion a day. The Forex market is a _______ ________ _______ Market place meaning it is not centralized. - ANSWER-Over the counter Who are the global market participants in the Forex market? There are four. - ANSWER-1. Governments and central banks 2. Banks and financial institutions. 3. Hedgers 4. Speculators ...

Bearish Symmetric Triangle - ANSWER-A Symmetrical Continuation Triangle (Bearish) shows two converging trendlines, the lower one is ascending, the upper one is descending. The formation occurs because prices are reaching both lower highs and higher lows. Falling Wedge - ANSWER-The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. Bull Flag - ANS...

Who do not participate in the forex markets? - ANSWER-Agencies of federal and state governments and retirement plans When are the forex markets open? - ANSWER-5 PM EST Sunday to 5 PM EST Friday Rate that Fed charges to member banks to borrow to meet reserve reqs - ANSWER-Discount Rate The cost or price of one country's currency expressed in a denomination of another country's currency - ANSWER-Exchange rate An agreement where actual delivery and full payment for the currency on a f...

The foreign exchange (forex) market is a global market that allows you to trade ONE currency pair against another currency pair. - ANSWER-Forex is a global, decentralized market that allows you to trade two currencies against each other. If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit. it's the global market that allows one to trade two currencies against each other. If you think one currency will be stronger versus the other, and...

Exchange Rate - ANSWER-Relative price of two currencies from two different countries Currency traders aka ___ - ANSWER-Currency speculators What is traded in forex - ANSWER-Money from each country What does forex show you - ANSWER-the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to other economies. Explain 3 letter currency symbols - ANSWER-the first two letters identify the name of the country and the third...

Currency Futures - ANSWER-contracts to buy or sell amounts of specified currency at some future date Currency Options - ANSWER-The option or the right, but not the obligation, to exchange a specific amount of currency on a specific future date and at a specific agreed-on rate Downside of Currency Options - ANSWER-limited hours and lower liquidity Currency ETFs(Exchange Traded Funds) - ANSWER-ETFs are created and managed by financial institutions who buy and hold currencies in a fund. Th...