Sr lt forex trading

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These cookies do not store any personal information. Trading begins with the opening of the market in Australia, Asia, Europe to follow and then the USA until the markets close. That results with currencies being traded at all times, day or night. Unlike some other instruments, where a downfall of the market would leave traders with untradeable assets, the forex market can always find a buyer or a seller. Currency Pairs There are hundreds of currencies in the world, and each has a three letter symbol.

Currencies are divided into two main sorts — Major currencies and minor ones. Together with the other currencies they create forex pairs. When going to a store to buy groceries, we need to exchange one valuable asset for another — money for milk, for example. The same goes for trading forex — we buy or sell one currency for the other. The currencies in the pairs are referred to as one against another.

There are three types of forex pairs; Major pairs, Minor pairs and Exotic pairs. The major pairs always involve the USD, and are the most traded ones. In the minor pairs the major currencies are traded between each other, excluding the USD. We fully understand the importance of keeping trading costs to a minimum, so you can realise greater profit.

Experience the difference with The SR Trades today. The currency on the left is called the base currency, and is the one we wish to buy or sell; the one on the right is the secondary currency, and is the one we use to make the transaction. Each pair has two prices — the price for selling the base currency ask and a price for buying it bid. The difference between them is called a spread, and represents the amount brokers charge to open the position.

The more a currency is traded, i. The rarer the pair is, the wider the spreads will be, since lower liquidity usually entails increased volatility. The increased risk — consequently — entails a wider spread. Usually a quote will be presented with four numbers after the dot, for instance 1. Any change in the currency value will usually be seen on the fourth figure after the dot, mainly known as a PIP The spreads, gains and losses will usually be presented in pips.

A bull market is on the rise, and a bear market is usually decreasing. Experienced traders will decide their strategy depending on the market trends, and will make sure to follow all relevant events so they can precede the changes in the market and gain profit. In the past, every trader called his broker and instructed him on actions to be made. Today the trades are done directly by the client on a software, called a trading platform.

Many of the platforms are The SR Tradesilable for computer, internet and mobile. Every trader has his own trading strategy, and he should find the platform that will enable him to perform it in the best way possible, i.

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