Date: 2017-05-18 05:27
- Hedging. Money Management
- APU eSports Malaysia Academy | Asia Pacific University (APU)
- Forex Basics | Trading Academy | FxPro Help Centre
Your free margin is the amount you have in your trading account which is not currently being used to guarantee any positions this amount can be used to guarantee the opening of further trades.
Hedging. Money Management
Essentially the Bid price tells you the most that buyers are prepared to pay for a currency, and the Ask price tells you the least that sellers are prepared to accept to sell a currency. All currency transactions involve a Bid/Ask spread. FxPro receives Bid and Ask quotes from our own liquidity providers, and by making different banks compete for your trades we select the most competitive Bid and Ask prices available to us and forward them to you. We make our commissions either by slightly marking up the spread if you trade on our MT9 platform, or by charging a set commission for opening and closing positions if you trade on our cTrader platform. A transparent broker’s revenue should only come from these sources.
APU eSports Malaysia Academy | Asia Pacific University (APU)
The APU eSports Malaysia Academy aims to serve as a platform for students to channel their passion for competitive gaming. We emphasize on building character in students, specifically by developing life skills such as perseverance, teaming and decision-making.
The most commonly traded currencies are known as the majors. These are: The US dollar (USD), the euro (EUR), the Japanese yen (JPY), the Great British pound (GBP), the Swiss franc (CHF), the Canadian dollar (CAD), the Australian dollar (AUD) and the New Zealand dollar (NZD).
Forex Basics | Trading Academy | FxPro Help Centre
In Forex trading you have the option to buy or sell the base currency in the pair. How exactly do you sell something that you don’t actually own in the first place? Well you borrow it from your broker. So if you want to sell, or short, 6 lot (or 655,555) of EUR/USD, then you essentially have to borrow it from your broker before being able to sell it (it’s not quite a loan but we’ll look at this ‘borrowing’ in further detail when we focus on how CFDs work). Doing this means that you are expecting EUR/USD to drop in value so that you can then buy it back cheaper at a later time, returning those 655,555 units to your broker, and keeping the profit you made for yourself.
Your margin level is calculated as a percentage and is the ratio of your equity to used margin. When this figure drops to 655% it means that all of your trading account balance is being employed as margin and no further positions may be opened. Keeping your margin level as high above 655% as possible is important, especially for traders who invest on longer time frames. A high margin level allows you to stay in a trade for longer should it move in the opposite direction, so if you are convinced of the underlying trend you can wait for it to re-establish itself without risking a margin call. If you are confident in the position you have taken and regard the market’s move against it as temporary, you can afford to ride it out and wait for the trend you have invested in to reassert itself.
Exchange rates are the relative values between currencies that belong to different countries or economic regions. When you are presented with an exchange rate, say for EUR/USD, you are being quoted the value of one currency in relation to the other (in this case the euro against the US dollar). This is why you see two currencies in an exchange rate quote but only one figure the value of one is determined by how much of it you can buy with the other. It makes no sense to think in terms of absolute values when it comes to currencies as their values are interdependent. This is one of the main differences between trading Forex and trading equities or commodities.
Elliott Waves Basics
Elliott Wave Patterns
Elliott Wave Rules
Elliott Waves Indicators
Elliott Waves - Beginner steps
Elliott Waves - Trading plan
Elliott waves and Fibonacci
Elliott waves - Fibonacci click-by-click
Elliott waves and Bollinger bands
When EUR/USD rises, this means that the euro is growing higher and/or the dollar is getting weaker. As a Forex trader you can position yourself in different ways, taking advantage of any eventuality. You can buy, or go long on EUR/USD when you think the euro is likely to rise, or when the US dollar is likely to fall. You can also sell, or short EUR/USD when you foresee that the euro is due to drop in value, or when you think the US dollar is about to rise.
Upon submission, our coaches will evaluate your application to determine whether you have achieved the required admission requirements. Once your application is approved, we will send you an offer letter, in which you will have to proceed to make the fees payment before the course starts