Hi guys, Welcome to the Advanced Video Search Engine, and you are watching What is Forex - 2 Minute Explanation. That video is uploaded by The Moving Average at 2022-02-22T03:29:02-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [5iEHsRja8u0]
| Name | What is Forex - 2 Minute Explanation |
| Video Uploader | Video From The Moving Average |
| Upload Date | This Video Uploaded At 22-02-2022 11:29:02 |
| Video Discription | https://tmafx.com What is forex and how to make money The most basic forms of forex trades are a long trade and a short trade. In a long trade, the trader is betting that the currency price will increase in the future and they can profit from it. A short trade consists of a bet that the currency pair’s price will decrease in the future. A scalp trade consists of positions held for seconds or minutes at most, and the profit amounts are restricted in terms of the number of pips. Such trades are supposed to be cumulative, meaning that small profits made in each individual trade add up to a tidy amount at the end of a day or time period. Day trades are short-term trades in which positions are held and liquidated in the same day. The duration of a day trade can be hours or minutes. In a swing trade, the trader holds the position for a period longer than a day; i.e., they may hold the position for days or weeks. The trading floor is a new project that I just launched. World class day trading education and tools https://www.trdfloor.com/welcome FunderPro Start your funded account challenge HERE (20% discount with link) https://funderpro.com/get-funded-with-tma-and-funderpro my twitter https://twitter.com/artybryja For charts Use Trading View https://www.tradingview.com/?aff_id=113274 New Official Telegram Group TMA OFFICIAL® https://t.me/TMAbyArty Looking for a forex broker? I use Osprey https://ospreyfx.com/tradewithtma regulated broker i recommend is Blueberry markets https://bit.ly/blueberrytma Try a $100,000 funded account from OspreyFX https://ospreyfx.com/tradewithtma Use coupon code movingaverage50 To get $50 off Sign up for a $100,000 FTMO funded account here https://trader.ftmo.com/?affiliates=ipWVeVMVHnoXGHLfnULE Get a free audio book from audible https://tmafocus.com/2WyXSqa Links to the indicators TMA Overlay https://www.tradingview.com/script/zX3fvduH-TMA-Overlay/ TMA Divergence indicator https://tmafocus.com/3nfcEfd TMA shop https://shop.spreadshirt.com/themovingaverage/ Get some free stocks from WEBULL https://tmafocus.com/3p0vatP also Get some free stocks from Public https://tmafocus.com/3GUUojh What Is the Forex Market? The foreign exchange market is where currencies are traded. Currencies are important because they allow us to purchase goods and services locally and across borders. International currencies need to be exchanged to conduct foreign trade and business. If you are living in the United States and want to buy cheese from France, then either you or the company from which you buy the cheese has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can’t pay in euros to see the pyramids because it’s not the locally accepted currency. The tourist has to exchange the euros for the local currency, in this case the Egyptian pound, at the current exchange rate. One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over the counter (OTC), which means that all transactions occur via computer networks among traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of Frankfurt, Hong Kong, London, New York, Paris, Singapore, Sydney, Tokyo, and Zurich—across almost every time zone. This means that when the U.S. trading day ends, the forex market begins anew in Tokyo and Hong Kong. NOT FINANCIAL ADVICE DISCLAIMER The information contained here and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation. We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional. *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future. 5iEHsRja8u0 |
| Category | Education |
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