Intellectual Enterprises
Basic & Professional Forex Course
Intellectual Enterprises
Basic & Professional Forex Course
UNDERSTANDING OF FOREX PRICE ??
2 different prices quoted in the Forex Market
Bid – price you sell at
Trader will always sell at lower
price(bid)
Ask - price you buy at
Trader will always buy at higher
price(ask)
The difference between bid and ask prices is
called (pip spread) this is your cost of business and broker’s money because
there is often no commission in FX.
A pip
is the fourth or fifth decimal place.
Watch Videos for more details
Watch Videos for more details
Currency exchange rates often
change in very small increments
Currencies are designated by 3
letter standard code
EUR/USD
GBP/USD
AUD/CAD
AUD/USD
The value of the first currency is
always 1, and the price being quoted is for the second currency pair listed.
Take a quote on the EUR/USD for example.
A price quote of 1.2848 means 1.00 EUR can
be purchased for $1.28 USD
If an investor buy a mini contract at
above price(a mini contract is commonly know as a 10,000 currency contract
The investor would purchase 10,000 EUR
in exchange for $12848 USD.
If the price appreciated to 1.2858, the
same 10,000 EUR owned by the investor is now worth more US Dollars $12858 USD.
$12858 - $12848 = $10 Profit to due
price increase
Otherwise Loss due to price decrease!!!!!
What
Influences price ????
International Trade
Investment Flow
Equity and bond markets
Economic and political conditions,
Interest rates, inflation,
political stability sometime instability that causes daily price volatility
All of your videos are awesome and very informative. Sir Shahid Plz upload further videos as soon as possible. And also teach us about timings of markets that when we trade us brokers and through asian brokers and kindly also give us some tips that how we earn good profit and how to avoid losses etc... Allah bless you. and may you live long. Because you provide all this information free of cost whi;e other charge a big amount for that.. thanks again Sir.
ReplyDeleteRegards:
Mohsin Gill
(Proud to be a Muslim and as well as a Pakistani)
Thanks for appreciation!!!
ReplyDeleteDear I am giving online training with different areas of Pakistan and I am also updating my site as well. If you have any question regarding anything you may ask any time by Skype id methabol as well as my mobile number 0345-3423650
The best teachers is who that teach from the heart, not from the book.
ReplyDeleteI am realy learning Forex, now it is not difficult for me
Thanks for your precious time.
hiiii guys how are you hope you are fine well i really learn forex and sir shahid is very goood and best teacher that i had before and i really thanks to ALLAH who give me very gooood reacher
ReplyDeleteAll of your videos are awesome and very informative. Sir Shahid Plz upload further videos as soon as possible. And also teach us about timings of markets that when we trade us brokers and through Asian brokers and kindly also give us some tips that how we earn good profit and how to avoid losses etc... Allah bless you. and may you live long. Because you provide all this information free of cost while other charge a big amount for that.. thanks again Sir.
ReplyDeletesir shahid ap na bohat hi achi vedios upload ki hain forex market k hawaly sa sir or bhi vedios ap upload karo ta k hamain or bhi information hasil hon thanks sir
ReplyDeleteAry Where are the VIDEOS???? Anyone pls answer?
ReplyDeleteWhere are the VIDEOS????
ReplyDelete