Everything we do in the Forex market actually is to buy or sell currencies with different values. Everything we do in the Forex market actually is to buy or sell currencies with different values. To enter the market process is extremely easy to open and position. To enter the market process is extremely easy to open and position. If the stock market have made some transactions do understand what is happening now. If the stock market have made some transactions do not understand what is happening now. The goal is to change one currency to another one. The goal is to change one currency to another one. Our expectations in this process that we receive the unit according to the currency appreciation is we sell. Our expectations in this process that we receive the unit according to the currency appreciation is we sell.
If we are to make a sample process: If we are to make a sample process:
1.2835 EURUSD pair on November 28, 2008 'We have received from € 10,000. 1.2835 EURUSD pair on November 28, 2008 'We have received from € 10,000. So in return for 10,000 Euros bought 12.835. So in return for 10.000 Euros bought 12,835.
The same day came to our price target and we have closed our position at the level of 1.3110. The same day came to our price target and we have closed our position at the level of 1.3110. 10.000 EUR 1.3110 So our money from selling and we have translated as USD. So our money from selling 1.3110 EUR 10,000 and we have translated as USD. Now, our account was USD 13.110. Now, our account was USD 13,110. USD 275 earned during the same session we have. USD 275 earned during the same session we have.
200 which leverage 1200 USD with a broker can perform this operation. 1200 USD with a broker can leverage 200 which perform this operation. That is $ 200 and $ 275 a day I will have won. That is $ 200 and $ 275 a day I will have won.
Calculations: Calculations:
X 1.2835 = 12.835 USD 10.000 EUR 10,000 EUR x 1.2835 = 12,835 USD
X 1.3110 = 10.000 EUR 13.110 EUR x 1.3110 = 13,110 USD 10,000 USD
