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Make More Money with Forex4you


Nuraenieva
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Forex4you is an online Forex broker that offers its services to traders the world over. We, at Forex4you , would like to provide you with good information on how to make more money trading Forex through our signal services and other great trading tools.

Forex products are traded directly between parties, like stocks; however, unlike stocks, Forex is a 24-hour market so there is always activity. The spreads are very small and therefore, it isn't as risky as stock trading. Also, you don't have to monitor the price of your positions during the day because they are usually closing at night.

This opens up a whole new world of opportunity for people who don't have enough time to trade stocks and/or people who don't want to be glued to their computers all day.

For example, if you wanted to go short, the stock market is closed so you couldn't do it until 9:30 AM EST (New York). However with forex, as long as there are open markets (for example Tokyo and Hong Kong), you can trade Forex.

How everything works

Any customer of a forex broker is considered a "customer" or a "trader." Some traders may use the services of a seeder, which could be an individual trader or a company that provides seed money to another trader to manage for them. A customer could also be the owner of an account (that is, they manage their own money).

The currency market is a decentralized market where currency prices are set by currency dealers. There are a number of currency exchanges around the world that facilitate currency trading. Banks and currency dealers wish to enter into foreign exchange contracts with each other so as to profit from the difference between foreign exchange rates. Currency traders take positions through a myriad of financial instruments, including derivatives and futures.

For example: Let's assume that a trader, named "Mr. Smith," is trading with a seeder named "Morgan Stanley." Mr. Smith has an account with a forex company called Forex4you . Morgan Stanley is a bank that seeds customers.

Let's assume that Mr. Smith has $25,000 in his account with us and he wishes to trade it for the British Pound (GBP). He would call or email Morgan Stanley and they would provide him with prices. If Mr. Smith agrees to the quote then he will accept the deal through his local Forex broker, who will then trade the pounds for him.

Here are some examples of how to make money with forex is to sell or buy currency.

The bid price is the lowest price that a buyer is prepared to pay for an exchange rate, while the ask price is the highest price that a seller is willing to accept.

Let's take a look at the GBP/USD price chart over the past week to get an idea of what is happening in this market.

Note that when you read charts, the left vertical axis represents "price" while the bottom horizontal axis represents time (past to future). You should also note that there are two different types of currency charts. The "lines" chart (the default) is just the closing price of the currency pair, while a candlestick chart shows both opening and closing prices.

In all candlesticks, the vertical line at left represents the open price of that time period. Immediately to its right is the high of that time period, while to its left is low. The top of the vertical line represents the closing price for that time period, while the bottom of the vertical line represents the opening price.

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