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Start with Forex - Part 1

1:36 AM Posted by NEW TECHNOLOGY

14 Jan 09 Start with Forex - Part 1

Forex is an abbreviation for "Foreign Exchange" also called "FOREX" or "Cash FX (FX Spot) or the" Cash "(Spot) is a market-in-hand to foreign currency-largest -World. Flowers-in period, average per day to about 30 billion dollars (30 billion) purchase exchange-change-on-entry of the New York Stock Exchange, but if so-match we will see this number still no larger than about the thousands of under 3 billion (3 trillion) buying and selling exchange-currency-exchange across the World-World (Foreign Exchange Currencies). The so-match was for us to see the Forex market-how great!

We then imagine a simple Forex, such as when we go to tourism-calendar or a European country that we need to change from-conversion of foreign-currency of the countries of our foreign -currency country’s local, so easy for us to-use. Forex is the "foreign-exchange currency" such that, just as our other hand-on the computer, we do not need to go where all! The more we exchange foreign currency to make profits not the money to drink.

A good-more like, for example-we are U.S. $ 100 (money-currency-term U.S.). We used U.S. $ 100 to change the money into Yen (money-currency of Japan).

-For example: * At the time 12:00 AM-points 10 months 06 days in 2007, U.S. $ 100 required to change the 12,362 Japanese Yen (U.S. $ 1 = 123.62 Japanese Yen). After the rules-change complete, we now no longer-at U.S. $ 100 in the bag again, we are 12,362 Japanese Yen.

* Then, at 12:00 AM 30 months 12, 2007, we used the 12,362 Japanese Yen are to change back into the USD. At this time because the value of the USD value is lost, so the rules-change against USD, from 12,362 Japanese Yen, we are to change the U.S. $ 122.00 (because at this rate 1USD = only change is 101.32 Japanese Yen ). So as we are a U.S. $ 22. (122 USD - 100 USD = 22 USD).

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