FX Markets - Forex Trading Online | FX Markets | Currencies, Spot Metals
FX Markets - Forex Trading Online | FX Markets | Currencies, Spot Metals
FX Markets Forex Trading OnlineForeign exchange trading has a strict process and should be handled according to the rules of the foreign exchange market. Novice friends don't know much about the process because they haven't experienced formal foreign exchange trading. This article will give you a specific introduction to the online foreign exchange trading process and the simple and rough foreign exchange trading strategies.
Online foreign exchange transaction process
1、 Before trading
Before officially entering the market, investors should first have their own independent trading account, prepare a sum of funds available for trading, master some trading common sense and tips for analyzing the market, and then continuously select the appropriate trading point through the analysis of the market trend.
2、 When trading
When a good trading opportunity is determined, it is necessary to place an order decisively. Investors can operate through MT4 software on PC or mobile phone. After choosing to do long and short, they can close the order as soon as possible. At the same time, 24 hours a day, investors can constantly adjust their trading strategy according to the changes of the market, Set profit and loss stop function to control risk.
3、 Post transaction
After making profits or losses, investors don't want to operate, so they can close their positions directly. ***
Simple and crude foreign exchange trading strategy
1. Hedging order trading strategy in volatile market: a "hedging order" in the same currency is called "direct hedging". Its purpose is not to "lock orders", but to open positions "one buy" and "one sell" at the same time when the market has been in narrow consolidation, and set profit and loss stops. The disadvantage is that the position of stop loss and stop profit is not easy to grasp, and both ends may stop loss.
2. Linked trading strategy: this strategy is also called "neutral hedging", such as using EUR / usd-usd / CHF, GBP / usd-usd / CHF, aud / usd-nzd / USD, etc. Use the currency linkage to enter the market to operate "neutral hedging", but in order to reduce the risk, it will open the position with unequal positions and use the overnight interest difference of the currency to earn the interest margin. For example FX Markets Forex Trading Online, if EURUSD = 1.06 and USDCHF = 1.00, the risk can be offset by issuing EURUSD 1.0 hand purchase order and USDCHF 1.06 hand purchase order. But the disadvantage is that when the two currencies deviate, the loss of foreign exchange fluctuation will be much higher than the interest income.
3. Carry trade strategy: this strategy is relatively simple. What we should guard against is the rapid and substantial reversal of the market in an instant. According to historical statistics, we find that the currency of carry trade is easy to quickly reverse after rising or falling for a large band, so that the investors executing carry trade are driven out of the market before they have time to make a profit. At present, the currencies more suitable for this strategy are aud / USD and aud / JPY for buying and EUR / aud for selling.
4. Ultra short term strategy: the analysis cycle is mainly in the 5-minute chart, and the profit target is generally 10-40 points. Stop loss is usually half of the profit. The key references are M10 and M60 in the moving average chart. Daily foreign exchange transactions can be conducted in Asia, Europe and the United States, and most transactions are concentrated in Europe and the United States. The advantage is that it is more flexible and does not require long-time patience and waiting. The difficulty is to stop the loss in time. The disadvantage is that the handling fee of frequent transactions is relatively high.
On the issue of foreign exchange trading, this paper focuses on the online foreign exchange trading process and the simple and crude foreign exchange trading strategy. In theory, the process of foreign exchange transaction is very simple. After the investor has handled the account opening, he can carry out the transaction after completing the deposit. However, if investors want to make better money, they must master practical and effective investment skills.
FX Markets At present, the state does not encourage people to speculate in foreign exchange on foreign exchange platforms, and there is no law to say which company is a legal foreign exchange company, so domestic investors can only invest in foreign foreign exchange companies. In addition, there is also illegal trading of foreign exchange in China. Many people may not understand the illegal trading of foreign exchange. This paper introduces what illegal trading in the foreign exchange market refers to and how to sentence the illegal trading of foreign exchange.
What does illegal trading in the foreign exchange market mean
Foreign exchange market refers to a trading place that engages in foreign exchange trading and adjusts foreign exchange supply and demand internationally. Its function is to manage currency commodities, that is, the currencies of different countries. In the world, due to trade, investment, tourism and other economic exchanges, there is always a monetary balance of payments relationship. However, the monetary systems of various countries are different. If you want to pay abroad, you must first buy foreign currencies in your own currency; On the other hand, foreign currency payment vouchers received from abroad must also be converted into local currency before they can circulate in China. In this way, the problem of exchange between domestic currency and foreign currency occurs FX Markets.
At present, there is no open foreign exchange investment in China, so there is no legal foreign exchange investment institution in China, so friends who want to invest in foreign exchange need to choose foreign formal foreign exchange companies. As for the illegal trading of foreign exchange, there are mainly the following situations:
1. Illegally buying and selling foreign exchange without authorization according to the specific foreign exchange financial institutions and the foreign exchange economic transfer management center.
2. Illegally buying and selling foreign exchange credit lines without authorization. Administrative organs, teams FX Markets, organs and institutions in China have certain foreign exchange application credit lines according to national requirements, but they must be applied within the scope of relevant requirements. However, some enterprises ignore the relevant laws and regulations of the state and arbitrarily apply the credit line of foreign exchange in illegal exchanges to seek illegal profits. Such personal acts are also classified as personal acts of illegal trading of foreign exchange.
3. Other individuals who use reasonable and legal means as a shelter and essentially want to illegally exchange foreign exchange with RMB or commodities have changed to buying and selling foreign exchange.
In addition, the actual operation of foreign exchange trading by the service platform is only based on some other service platforms such as private interest organizations or individuals, or the personal behavior of privately carrying out foreign exchange trading and obtaining huge profits, which are all classified as the behavior of illegal foreign exchange trading.
How to sentence illegal trading of foreign exchange
In our country's law, the illegal act of illegal trading of foreign exchange is punished according to the crime of illegal business operation. The maximum term of imprisonment for illegal trading of foreign exchange can reach 15 years.
The following is the sentencing of the crime of illegal business operation in Article 225 of the criminal law: Whoever, in violation of state regulations, commits one of the following acts of illegal business operation and disrupts market order, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also, or shall only, be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious FX Markets, he shall be sentenced to fixed-term imprisonment of not less than five years and shall also be fined not less than one time but not more than five times his illegal gains or be sentenced to confiscation of property.
On the issue of illegal trading in the foreign exchange market, this paper focuses on what illegal trading in the foreign exchange market refers to and how to sentence the illegal trading of foreign exchange. It can be seen that the domestic sentencing for illegal trading of foreign exchange is still relatively heavy, so we should be careful when dealing with foreign exchange and never step on minefields. If you want to invest in foreign exchange, you can choose international foreign exchange companies. Because the transaction takes place abroad, there is no problem of breaking the law.
The foreign exchange market is global Currencies, Spot Metals, so investors can trade at any time on the relevant foreign exchange platform. However, it should be noted that the 24-hour trading here does not mean that every market is the same, but the time of multiple markets constitutes 24 hours. So what is the specific time of global foreign exchange trading? What kind of foreign exchange do novices do? This article will give you specific foreign exchange investment.
What is the time of global foreign exchange trading
What is the global foreign exchange trading time? It is 24 hours. The foreign exchange trading time is basically concentrated in 8:00-23:00 Beijing time. This time is very beneficial to investors in China and is in line with the work and rest time of Chinese investors. Investors can rotate the time according to the characteristics of each foreign exchange trading time period. Explain with Beijing time (24-hour system):
1. 8:00-12:00 is the activity time of Asian and Australian markets. It is a time period for foreign exchange market adjustment. It is a less suitable time period for foreign exchange trading with low risk and low return.
2. 12:00-15:00 is the eve of the opening of the European foreign exchange market. The volume of foreign exchange transactions gradually increases. It is a period of foreign exchange trading suitable for positions in the brewing stage of the foreign exchange market with medium risk and low income.
3. 16:00-18:00 is a time period when the European foreign exchange market starts trading. It is a time period when the foreign exchange market fluctuates. It has high risk and high return. It is suitable for trading but not suitable for temporary position building.
4. 19:00-20:30 is the foreign exchange trading period between the noon break in Europe and the early morning in the Americas. It is the second time for foreign exchange market adjustment. It has low risk and low income. It is suitable for building positions.
5. The period from 21:00 to 24:00 is a period of simultaneous trading in the American market and the European market, and it is also a period of major fluctuations in the market. It has high risk and high return. It is suitable for trading, but not suitable for temporary position building.
What currency is suitable for beginners
As a senior investor who has worked in the foreign exchange market for a long time, it is suggested that novice investors should be suitable for operating euro / US dollar first. Because the general platform is 2-3 spreads Currencies, Spot Metals, there are profit opportunities as long as the spread is low. It is not easy for novices to hold positions for too long. They can see the next order, and then a small part of the profits can leave the market and wait for the next opportunity.
Here can be a simple example: the quotation of euro / US dollar is 1.3350/1.3353. If investors buy at 1.3353 Currencies, Spot Metals, they will make a profit as long as the selling price rises above 1.3350 to 1.3353. The fluctuation of three points can generally occur in 1-5 minutes at night.
Compared with the euro / dollar / yen, the dollar / yen can also be selected, and the spread of these foreign currencies is also low. Generally, the daily fluctuation of euro / dollar is about 100 points, and the high is about 200 points. Therefore, the fluctuation is relatively mild, and there will be no big win or loss in the short term. The pound / dollar and pound / yen fluctuate greatly and the point spread is slightly larger Currencies, Spot Metals, so they are suitable for radical traders.
Novices should be careful not to over trade. To become a successful investor, one of the principles is to keep more than 2-3 times the capital at any time to cope with price fluctuations. If you have insufficient funds, you should reduce the sales contracts you hold, otherwise you may be forced to "cut positions" to free up funds due to insufficient funds, even if it later proves that your vision is accurate.
On the issue of foreign exchange investment, this paper focuses on how the global foreign exchange trading time is and what currency is suitable for novices. In short, the foreign exchange trading time is 24 hoursCurrencies, Spot Metals, but the trading time in different markets is different, so investors need to find out which country's currency they are investing in, and then pay attention to the corresponding market time. As for what foreign exchange is good for novices, you can consider euros and dollars.
FX Markets Forex Trading OnlineForeign exchange trading has a strict process and should be handled according to the rules of the foreign exchange market. Novice friends don't know much about the process because they haven't experienced formal foreign exchange trading. This article will give you a specific introduction to the online foreign exchange trading process and the simple and rough foreign exchange trading strategies.
Online foreign exchange transaction process
1、 Before trading
Before officially entering the market, investors should first have their own independent trading account, prepare a sum of funds available for trading, master some trading common sense and tips for analyzing the market, and then continuously select the appropriate trading point through the analysis of the market trend.
2、 When trading
When a good trading opportunity is determined, it is necessary to place an order decisively. Investors can operate through MT4 software on PC or mobile phone. After choosing to do long and short, they can close the order as soon as possible. At the same time, 24 hours a day, investors can constantly adjust their trading strategy according to the changes of the market, Set profit and loss stop function to control risk.
3、 Post transaction
After making profits or losses, investors don't want to operate, so they can close their positions directly. ***
Simple and crude foreign exchange trading strategy
1. Hedging order trading strategy in volatile market: a "hedging order" in the same currency is called "direct hedging". Its purpose is not to "lock orders", but to open positions "one buy" and "one sell" at the same time when the market has been in narrow consolidation, and set profit and loss stops. The disadvantage is that the position of stop loss and stop profit is not easy to grasp, and both ends may stop loss.
2. Linked trading strategy: this strategy is also called "neutral hedging", such as using EUR / usd-usd / CHF, GBP / usd-usd / CHF, aud / usd-nzd / USD, etc. Use the currency linkage to enter the market to operate "neutral hedging", but in order to reduce the risk, it will open the position with unequal positions and use the overnight interest difference of the currency to earn the interest margin. For example FX Markets Forex Trading Online, if EURUSD = 1.06 and USDCHF = 1.00, the risk can be offset by issuing EURUSD 1.0 hand purchase order and USDCHF 1.06 hand purchase order. But the disadvantage is that when the two currencies deviate, the loss of foreign exchange fluctuation will be much higher than the interest income.
3. Carry trade strategy: this strategy is relatively simple. What we should guard against is the rapid and substantial reversal of the market in an instant. According to historical statistics, we find that the currency of carry trade is easy to quickly reverse after rising or falling for a large band, so that the investors executing carry trade are driven out of the market before they have time to make a profit. At present, the currencies more suitable for this strategy are aud / USD and aud / JPY for buying and EUR / aud for selling.
4. Ultra short term strategy: the analysis cycle is mainly in the 5-minute chart, and the profit target is generally 10-40 points. Stop loss is usually half of the profit. The key references are M10 and M60 in the moving average chart. Daily foreign exchange transactions can be conducted in Asia, Europe and the United States, and most transactions are concentrated in Europe and the United States. The advantage is that it is more flexible and does not require long-time patience and waiting. The difficulty is to stop the loss in time. The disadvantage is that the handling fee of frequent transactions is relatively high.
On the issue of foreign exchange trading, this paper focuses on the online foreign exchange trading process and the simple and crude foreign exchange trading strategy. In theory, the process of foreign exchange transaction is very simple. After the investor has handled the account opening, he can carry out the transaction after completing the deposit. However, if investors want to make better money, they must master practical and effective investment skills.
FX Markets At present, the state does not encourage people to speculate in foreign exchange on foreign exchange platforms, and there is no law to say which company is a legal foreign exchange company, so domestic investors can only invest in foreign foreign exchange companies. In addition, there is also illegal trading of foreign exchange in China. Many people may not understand the illegal trading of foreign exchange. This paper introduces what illegal trading in the foreign exchange market refers to and how to sentence the illegal trading of foreign exchange.
What does illegal trading in the foreign exchange market mean
Foreign exchange market refers to a trading place that engages in foreign exchange trading and adjusts foreign exchange supply and demand internationally. Its function is to manage currency commodities, that is, the currencies of different countries. In the world, due to trade, investment, tourism and other economic exchanges, there is always a monetary balance of payments relationship. However, the monetary systems of various countries are different. If you want to pay abroad, you must first buy foreign currencies in your own currency; On the other hand, foreign currency payment vouchers received from abroad must also be converted into local currency before they can circulate in China. In this way, the problem of exchange between domestic currency and foreign currency occurs FX Markets.
At present, there is no open foreign exchange investment in China, so there is no legal foreign exchange investment institution in China, so friends who want to invest in foreign exchange need to choose foreign formal foreign exchange companies. As for the illegal trading of foreign exchange, there are mainly the following situations:
1. Illegally buying and selling foreign exchange without authorization according to the specific foreign exchange financial institutions and the foreign exchange economic transfer management center.
2. Illegally buying and selling foreign exchange credit lines without authorization. Administrative organs, teams FX Markets, organs and institutions in China have certain foreign exchange application credit lines according to national requirements, but they must be applied within the scope of relevant requirements. However, some enterprises ignore the relevant laws and regulations of the state and arbitrarily apply the credit line of foreign exchange in illegal exchanges to seek illegal profits. Such personal acts are also classified as personal acts of illegal trading of foreign exchange.
3. Other individuals who use reasonable and legal means as a shelter and essentially want to illegally exchange foreign exchange with RMB or commodities have changed to buying and selling foreign exchange.
In addition, the actual operation of foreign exchange trading by the service platform is only based on some other service platforms such as private interest organizations or individuals, or the personal behavior of privately carrying out foreign exchange trading and obtaining huge profits, which are all classified as the behavior of illegal foreign exchange trading.
How to sentence illegal trading of foreign exchange
In our country's law, the illegal act of illegal trading of foreign exchange is punished according to the crime of illegal business operation. The maximum term of imprisonment for illegal trading of foreign exchange can reach 15 years.
The following is the sentencing of the crime of illegal business operation in Article 225 of the criminal law: Whoever, in violation of state regulations, commits one of the following acts of illegal business operation and disrupts market order, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also, or shall only, be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious FX Markets, he shall be sentenced to fixed-term imprisonment of not less than five years and shall also be fined not less than one time but not more than five times his illegal gains or be sentenced to confiscation of property.
On the issue of illegal trading in the foreign exchange market, this paper focuses on what illegal trading in the foreign exchange market refers to and how to sentence the illegal trading of foreign exchange. It can be seen that the domestic sentencing for illegal trading of foreign exchange is still relatively heavy, so we should be careful when dealing with foreign exchange and never step on minefields. If you want to invest in foreign exchange, you can choose international foreign exchange companies. Because the transaction takes place abroad, there is no problem of breaking the law.
The foreign exchange market is global Currencies, Spot Metals, so investors can trade at any time on the relevant foreign exchange platform. However, it should be noted that the 24-hour trading here does not mean that every market is the same, but the time of multiple markets constitutes 24 hours. So what is the specific time of global foreign exchange trading? What kind of foreign exchange do novices do? This article will give you specific foreign exchange investment.
What is the time of global foreign exchange trading
What is the global foreign exchange trading time? It is 24 hours. The foreign exchange trading time is basically concentrated in 8:00-23:00 Beijing time. This time is very beneficial to investors in China and is in line with the work and rest time of Chinese investors. Investors can rotate the time according to the characteristics of each foreign exchange trading time period. Explain with Beijing time (24-hour system):
1. 8:00-12:00 is the activity time of Asian and Australian markets. It is a time period for foreign exchange market adjustment. It is a less suitable time period for foreign exchange trading with low risk and low return.
2. 12:00-15:00 is the eve of the opening of the European foreign exchange market. The volume of foreign exchange transactions gradually increases. It is a period of foreign exchange trading suitable for positions in the brewing stage of the foreign exchange market with medium risk and low income.
3. 16:00-18:00 is a time period when the European foreign exchange market starts trading. It is a time period when the foreign exchange market fluctuates. It has high risk and high return. It is suitable for trading but not suitable for temporary position building.
4. 19:00-20:30 is the foreign exchange trading period between the noon break in Europe and the early morning in the Americas. It is the second time for foreign exchange market adjustment. It has low risk and low income. It is suitable for building positions.
5. The period from 21:00 to 24:00 is a period of simultaneous trading in the American market and the European market, and it is also a period of major fluctuations in the market. It has high risk and high return. It is suitable for trading, but not suitable for temporary position building.
What currency is suitable for beginners
As a senior investor who has worked in the foreign exchange market for a long time, it is suggested that novice investors should be suitable for operating euro / US dollar first. Because the general platform is 2-3 spreads Currencies, Spot Metals, there are profit opportunities as long as the spread is low. It is not easy for novices to hold positions for too long. They can see the next order, and then a small part of the profits can leave the market and wait for the next opportunity.
Here can be a simple example: the quotation of euro / US dollar is 1.3350/1.3353. If investors buy at 1.3353 Currencies, Spot Metals, they will make a profit as long as the selling price rises above 1.3350 to 1.3353. The fluctuation of three points can generally occur in 1-5 minutes at night.
Compared with the euro / dollar / yen, the dollar / yen can also be selected, and the spread of these foreign currencies is also low. Generally, the daily fluctuation of euro / dollar is about 100 points, and the high is about 200 points. Therefore, the fluctuation is relatively mild, and there will be no big win or loss in the short term. The pound / dollar and pound / yen fluctuate greatly and the point spread is slightly larger Currencies, Spot Metals, so they are suitable for radical traders.
Novices should be careful not to over trade. To become a successful investor, one of the principles is to keep more than 2-3 times the capital at any time to cope with price fluctuations. If you have insufficient funds, you should reduce the sales contracts you hold, otherwise you may be forced to "cut positions" to free up funds due to insufficient funds, even if it later proves that your vision is accurate.
On the issue of foreign exchange investment, this paper focuses on how the global foreign exchange trading time is and what currency is suitable for novices. In short, the foreign exchange trading time is 24 hoursCurrencies, Spot Metals, but the trading time in different markets is different, so investors need to find out which country's currency they are investing in, and then pay attention to the corresponding market time. As for what foreign exchange is good for novices, you can consider euros and dollars.