FOREX ( Foreign Exchange) or more knowledgeable which with Foreign currency ( Stock Valas) is an type transaction commercializing the currency an state to other state currency which entangle the especial money markets in world during 24 [hour/clock] chronically ( see trading hours).
Movement of market Forex rotate to start from market New Zealand & Australian that goes on at 05.00-14.00 WIB, continue to Asian market that is Japan, Singapore & Hongkong that goes on at 07.00-16.00 WIB, to Europe market that is Germany & English that goes on at 13.00-22.00 WIB, to America market that goes on at 20.30-10.30 WIB. In growth of his history, central bank property of nations with biggest foreign money reserve even if can be defeated by strength of market forex the freeness.
According to survey BIS ( Bank International for Settlement world central bank), is done by the end of year of 2004, market transaction value forex reach more than USD$1,4 Trilyun per his day. Thereby, invesment prospect in commerce forex is good very.
Then what the currency commercialized? all common/ public world currencies and have the energy sell highly. Example [of] : USDOLLAR, Yen, Euro, Franc, Poundsterling. ( EUR/USD, GBP/USD, USD/JPY, USD/CHF). and others.
What is in FOREX that " Two Ways Opportunities ?" Yes ! Transaction in FOREX can be done by 2 direction in taking his advantage. BUY ( offer) ahead, is then covered with take profit SELL (bid) and or on the contrary do SELL ahead, is then covered with take profit BUY.
Minggu, 02 September 2007
what is FOREX ?
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stephanus
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