foreign exchange futures

My Forex Trading Robot
...Makes Me $2000 Each and Every Day...24 Hours Per Day...Automatically!
Forex-Autopilot-Robot.com

The Seven Most Traded Currencies In Forex.
By Adrian Pablo, Thu Dec 8th

Currencies are traded in dollar amounts called "lots". One lotis equal to $1,000, which controls $100,000 in currency. This iswhat is known as the "margin". You can control $100,000 worth ofcurrency for only 1,000 dollars. This is what is called "HighLeverage".

Currencies are always traded in pairs in the FOREX. The pairshave a unique notation that expresses what currencies are beingtraded. The symbol for a currency pair will always be in theform ABC/DEF. ABC/DEF is not a real currency pair, it is anexample of a symbol for a currency pair. In this example ABC isthe symbol for one countries currency and DEF is the symbol foranother countries currency.

Here are some of the common symbols used in the Forex:

USD - The US Dollar EUR - The currency of the European Union"EURO" GBP - The British Pound JPN - The Japanese Yen CHF - TheSwiss Franc AUD - The Australian Dollar CAD - The CanadianDollar

There are symbols for other currencies as well, but these arethe most commonly traded ones.

A currency can never be traded by itself. So you can not evertrade a EUR by itself. You always need to compare one currencywith another currency to make a trade possible.

Some of the common PAIRS are:

EUR/USD Euro / US Dollar "Euro"

USD/JPY US Dollar / Japanese Yen "Dollar Yen"

GBP/USD British Pound / US Dollar "Cable" USD/CAD US Dollar /Canadian Dollar "Dollar Canada" AUD/USD Australian Dollar/USDollar "Aussie Dollar" USD/CHF US Dollar / Swiss Franc "Swissy"EUR/JPY Euro / Japanese Yen "Euro Yen"

The listed currency pairs above look like a fraction. Thenumerator (top of the fraction or "left" of the / however youwant to SEE it) is called the base

Weekly Newsletter
Weekly Newsletter is a post from: Forex Trading

Weekly Newsletter is a post from: Forex Trading Date: Friday, June 25th , 2010, for the Week 21-25 June, 2010 Released: 19:25 CET Managed Accounts Weekly Performance Difficult week, but we come out on TOP It has been quite a roller-coaster week indeed. Technically speaking, we?ve had many ?so-be? break-outs that have led to nothing,]]>
Fidelity National buyout talks fail
Fidelity National buyout talks fail is a post from: Forex Trading

Fidelity National buyout talks fail is a post from: Forex Trading BANGALORE (Reuters) – Fidelity National Information Services Inc confirmed that talks regarding the sale of the company have ended, and the payment processor plans to borrow heavily to buy back shares.]]>
UPDATE 1-BAE buys U.S. Navy support firm Atlantic Marine
UPDATE 1-BAE buys U.S. Navy support firm Atlantic Marine is a post from: Forex Trading

UPDATE 1-BAE buys U.S. Navy support firm Atlantic Marine is a post from: Forex Trading * Buys from unit of J.F. Lehman & Company for $352 mln cash]]>
UPDATE 1-BAE buys U.S. Navy support firm Atlantic Marine
UPDATE 1-BAE buys U.S. Navy support firm Atlantic Marine is a post from: Forex Trading

UPDATE 1-BAE buys U.S. Navy support firm Atlantic Marine is a post from: Forex Trading * Buys from unit of J.F. Lehman & Company for $352 mln cash]]>

currency. The denominator(bottom of the fraction or "right" of the/ however you want toSEE it) is called the counter currency.

When you place an order to buy the EUR/USD, for instance, youare actually buying the EUR and selling the USD. If you were tosell the pair, you would be selling the EUR and buying the USD.So if you buy or sell a currency PAIR, you are buying/sellingthe base currency. You are always doing the opposite of what youdid with to base currency with the counter currency.

If this seems confusing then you're in luck. You can always getby with just thinking of the entire pair as one item. Then youare just buying or selling that one item. Thinking like thiswill still enable you to place trades. You only need to be awareof the base/counter concept for Fundamental Analysis issues.

So why is it important to know about the base/counter currency?The base/counter currency concept illustrates what is actuallytaking place in a transaction. Some of you reading this,know that short-selling was restricted in the stock market*(Short-selling is where you sell astock/currency/option/commodity first and then try to buy itback at a lower price later). But in the you are alwaysbuying one currency (base) and selling another (counter). If yousell the pair you are simply flipping which one you buy andwhich one you sell. The transaction is essentially the same.This allows you to short-sell with no restrictions.

You want to be able to short-sell with no restrictions so youcan make money when the market drops as well as when it rises.The problem with traditional stock market trading is that themarket has to go up for you to make money. With tradingyou can make money in all directions.

About the author:Adrian Pablo; trader and freelance writer.

http://www.1-forex.com

foreign exchange futures articles:

Forex Trading - Should You Invest?
By Nicholas Tan
Forex trading is all about putting your money into other currencies, so you can gain the interest for the night, for time period or the difference in trading money all around. Read more...