How to analyze and trade the EUR-USD rate

How to analyze and trade the EUR-USD rate

CFDs are a difficult product to understand, the CNMV considers that they are not suitable for retail investors due to their complexity and risk. If you are interested in the foreign exchange market and have studied the Forex and how it works a little, you will surely know that the exchange rate of the cross currency such as the EUR/USD is very often influenced by what is called the interest rate of currencies. These rates, set by central banks, are studied by traders before they position themselves. Here are some tips for analysing the EUR/USD cross rate according to this type. EUR-USD History Before January 2000, and therefore, before the introduction of the Euro, the EUR/USD rate was 1.18. The EUR/USD rate was 1.18 before the introduction of the Euro.…
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The best trading hours for Forex market

The best trading hours for Forex market

No doubt you already know that one of the particularities of the Forex market is that it allows you to trade day and night, from Sunday night to Friday night. This is made possible by the fact that there is a permanent open international market due to time differences between time zones. Indeed, when one of the markets closes, at least one market is always open, allowing investors from around the world to trade day and night. But then why is it so important to know the schedules of the different markets? We'll get back to you on that. The opening hours of the different forex markets: Let's start by taking an interest in the speculation schedules of the different Forex markets in the world following the chronological order in…
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Forex Scalping Strategy

Forex Scalping Strategy

Forex Scalping is one of the most popular methods used by professional traders and seasoned investors to speculate on currencies. What is Forex Scalping? It is called "scalping", a method of speculation once reserved for stock traders, but which has found all its meaning and efficiency in the exchange market. The purpose of this method is similar to Day Trading, since it is a matter of multiplying small profits by accumulating short-term orders and positions. Therefore, Forex Scalping uses low spreads of preference and requires strong reactivity and availability from the investor. However, Scalping is not really recommended for beginners, as it requires a certain knowledge of the market and it is preferable to start trading in a more traditional way before trying it. Some tips for using Forex Scalping:…
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The currency swap

The currency swap

Among the means of exchanging currencies among themselves, there is a method of exchange called a'currency swap', the operation of which may be of particular interest to professional investors in the foreign exchange market. We will explain in detail what this swap consists of and what the real interests are. What is a currency swap? A currency swap is the act of two entities exchanging a specified amount of currency between themselves, with an undertaking that each entity will return the currency to the other at the end of a period known in advance. The term "currency exchange" can be translated here. Foreign exchange swaps, often used by finance or international trade professionals, can have a duration of more or less than 30 years. At the legal level, foreign exchange…
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Forex for dummies

Forex for dummies

The foreign exchange market, also called Forex, is a market where it is really interesting to invest as a private individual and is aimed at everyone, but especially at people who have some experience or knowledge such as real traders. But how does Forex really work for beginners? This is what we offer you to discover in this article thanks to some basic explanations about Forex speculation and some tips to get the help you need using the right tools. How Forex works for dummies: When trading Forex, you play with the exchange rate evolution of a currency pair. For example, when speculating on the EUR/USD, it means that the value of the euro is betting up or down against the value of the dollar. Thanks to the online speculation…
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Social Speculation: Copy the best traders

Social Speculation: Copy the best traders

Social speculation is a recent way of trading Forex, where different investors share information and knowledge on a single platform. Recently launched by the eToro broker, other brokers are now using this concept and are seducing more and more traders who want to make a profit on Forex without really caring about their investments without even learning how to perform analysis or trade in a concrete way. The following is a complete presentation of social speculation and the possibility of copying the best speculators. What is called social speculation? Social speculation as it is known today could not have existed in the emergence and development of online speculation platforms. In fact, the Internet is now used for financial transactions and also to find useful information for our investments, in particular…
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Forex brokers who accept Paypal

Forex brokers who accept Paypal

CFDs are a difficult product to understand, the CNMV considers that they are not suitable for retail investors due to their complexity and risk. Paypal is an online payment solution well known by Spaniards and allows you to make all kinds of purchases on the Internet. But recently, this solution has also allowed you to deposit or withdraw your funds on a Forex speculation platform, as more and more exchange market brokers are offering it. The importance of deposit and withdrawals on the Forex: When choosing your future Forex broker, you need to examine different points and features that will determine how we will live our online speculative experience. However, among the most important points, the simplicity and security of the transactions carried out, i.e. deposits and withdrawals of money,…
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Forex Leverage

Forex Leverage

One of the peculiarities of the Forex market is the possibility of using what we call leverage. But what exactly is this leverage and how does it work? The principle of Forex leverage: Online brokers who allow investing in the exchange market offer their clients to benefit from leverage. This tool makes it possible to speculate on more money than the capital available, in order to make profits more attractive (but also to increase the risk of losses). There are several levels of leverage that generally range from 1: 100 to 1: 400. A leverage of 1:100 means that you multiply your investment on a currency pair by 100. But then where does this money come from? It is simply the agent himself who lends you this money for free.…
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How to invest in Forex?

How to invest in Forex?

In Colombia, a person can legally access Forex through two mechanisms: looking for a broker abroad or doing so in Colombia through a representative office or correspondent of a foreign broker. In the first case, if the investor has the resources in Colombia, he must take them out of the country using an exchange market intermediary (bank, commission agent, exchange bureau) as if he were making an international transfer. Therefore, it must declare the source of the resources and make the declaration of change to the Banco de la República. The recommendation, in this case, is to invest in a recognized broker, with experience, supervision and oversight of state entities, and use the formal channels to transfer the money to the account abroad with which it will operate. Do not…
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Speculate on the price of cryptomoney

Speculate on the price of cryptomoney

CFDs are a difficult product to understand, the CNMV considers that they are not suitable for retail investors due to their complexity and risk. While bitcoin, the first cryptomoney created some years ago, has already experienced a very important increase in its value, individuals looking for profitable assets in which to invest are increasingly interested in these virtual currencies that are gradually invading the market. It is true that this new way of paying for goods and services online has reasons to seduce users such as speculators, who see it as an asset of choice to invest in the short, medium or long term. However, how can we invest and trade in these online cryptomes and what do we need to know about these types of assets before we start…
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