Introduction to Forex

This is in fact the daily turnover (daily turnover) that banks, businesses and all investors have in the currency market, also known as the currency exchange market "or" Spot FX market. “We talked about the U.S. Dollar and Euro as it is the most traded currency USD. Price of a currency is expressed through the exchange rate (price), which is usually a reflection of what and how the economies (and currencies) and condition of the two countries concerned. Although barter was the first and oldest system for exchanging goods between objects and people, until the late nineties the Forex Market was considered rich stuff. But today anyone can start to trade (Trade).In fact now you enter into this market almost no initial investment, thanks to the bonus that the biggest broker to give novice investors in foreign currency.The brokers then are the intermediaries in this market. Thanks to the services they provide (real-time update of the evolution of values of currencies, graphics for a more immediate interpretation, etc.) And an internet connection, we shall be able to operate immediately in the Forex.In return, the brokers we rely withhold commissions on each trade (exchange).Not least as important is the increasingly popular Forex Forum: daily visited and commented by Forex Broker and Forex Consultant. In Forex Trading Online you buy a currency (currency) and it automatically sells another. Yes, just as in barter exchanged physical objects in the Forex Market items traded are the currencies of various countries. Buy for example Euro U.S. Dollars or sell Canadian Dollars for Japanese Yen. Combinations of pairs of currencies to be exchanged (called CROSS) are many:

USD / JPY

USD / CHF

USD / CAD

EUR / USD

EUR / GBP

EUR / JPY

EUR / CHF

EUR / CAD

EUR / AUD

GBP / USD

GBP / JPY

GBP / CHF

CHF / JPY

AUD / USD

AUD / CAD

AUD / JPY

AUD / NZD

CAD / JPY

NZD / USD

NZD / JPY

The first of the two currencies is called the "base currency" and the second "currency units" or "counter currency".Buy the base currency and then sell the second (quotas) is called in technical terms go long, buy back shares and sell the base currency is said to go short.In the jargon is also used to define Bull (Toro) who makes Long and instead Bear (Bear) who performs Short.Having done all this while staying at home not physically buys or sell currency:Trading will work with my base currency (eg Euros) with any currency may be interested.These are the major currencies that are exchanged:

USD United States Dollars

EUR Euro Europe

JPY Japan Yen

GBP Great Britain Pound (Pound)

CHF Swiss Franc

CAD Canadian Dollar

AUD Australia Dollar

NZD New Zealand Dollar.