The economic crisis carries several victims consistently, we often hear about market expansion, Will the market the cost decreases and the cost rises each morning news is the opening of European markets, positive and negative numbers that seem to creep chance on our first cup coffee. But what is moving the market and, above all, certainly not be able to join?
And if I told you that coffee may have a different flavor, if I told you it might be a reward after the results after 30 minutes to an investment that is impossible? For the retailer all practice, therefore, 9: 00 am, after the investment and exploitation of livestock by the volatility that creates an open market, coffee has a completely different flavor.
The first step to becoming an operator.- Becoming a trader, of course, is not impossible. Merchant ship, as an electrician, plumber, engineer, etc. You can not improvise, study and practice. Forex is a guide that allows you to create a real sense of commercial vehicles. Fortunately, nothing costs the practice, in fact, all forex brokers offer a free demo account that simulates the investment, and then start using it. As for the theory, unless the currency market action you need to know technical analysis and fundamental analysis. First, it is important to learn to analyze the price chart, which is possible thanks to the study of technical analysis. Once you master the basics of the evolution of the price discipline will again have the same look, it’s like I started reading things I never imagined existed, that information, without the knowledge of technical analysis, it is impossible to detect.
The mechanisms that regulate the forex market.- To be a good trader, you need to enter in the mechanisms that regulate the forex market, find out what it is and how the market moves, and then examine the different strategies to be implemented for investment success. We focus our attention on what the currency market, and try to understand how it develops and how it works. The first thing to say is that this market is always open, H24, Monday to Friday; and because it makes us realize the potential of the currency market.
So the first thing to do is to understand all the mechanisms that are related to this market, the List of the main squares, as in any currency, exchange, eg in some cases are very intense, respect for others times. For example, if we consider the time in New York, who see the foreign exchange market opened the day at 8 in the morning to close the 17, here is the volume of trade recorded equal to 20% of all movements foreign exchange; while in London, opening at 3 pm, New York time, and closes at 12, with trading volume reaching 35%; which held the first step on the podium as the most important market.
Gradually another country, such as Sydney that opens and closes at 2 am 17, with 4% of trading volume, or Tokyo, which opens and closes at 19 am from 4 to 6% the volume of operations, say you want to invest in the movement of the yen, as Japanese currency, then you will go to concentrate their business in those moments when the Japanese market, where trade is opened and, therefore, the greater between different local brokers.
