What is Technical Analysis? For those of us who trade XRP, it has been an exciting couple of weeks to say the least. The basic point of Forex trading is to buy a currency pair if you think its base currency will appreciate increase in value relative to the quote currency. If you think the base currency will depreciate lose value relative to the quote currency you would sell the pair. The reason for this is because in any foreign exchange transaction you are simultaneously buying one currency and selling another.
However, there are very strict rules in place regarding Forex trading and Forex brokers in Vietnam, and before you consider this country as a base from which to trade in foreign currencies, you would be wise to check out the latest rules and regulations.
As far as we can tell, when undertaking the research for this page, Forex trading in Vietnam is currently illegal. A number of large FX firms considered countries in the Far East to be the land of milk and honey, and established a large network of Forex brokers in Vietnam, as well as their own representative offices. All of which provided western brokers with a number of clients from the Asia Pacific region.
China was the obvious starting point, but other countries were looked at in the region, including Indonesia, Malaysia and Vietnam. Which has led to regulatory bodies in these countries introducing draconian measures. In Vietnam it was decided to ban FX trading floors. Ask Price — The ask price is the price at which the market or your broker will sell a specific currency pair to you.
Thus, at the ask price you can buy the base currency from your broker. Jump To Next Chapter — Part 3: Introduction — What Is Forex Trading? What is Professional Forex Trading? What is Fundamental Analysis? What is Price Action Trading Analysis?
Introduction to Forex Charting. Common Forex trading mistakes and traps. What is Technical Analysis. How to Make a Forex Trading Plan. The Psychology of Forex Trading. Thanks for providing details about Forex Trading Terminology — Their are one more web Advisorymandi they are also provide such kind of news and updates. I enjoyed the simplicity in the style of how you presented the information to the audience much like myself.
This Terminology part has helped me a lot, i used to google term by term even the not so important ones. After reading this part i managed to make more sense of the information i was trying to crasp at the time. Thank you for sharing the informattion. Your website is very informative all the info i need is here , I should have read this long before..
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My goal is to learn how to trade with forex to build something for my future along with my day job. The course is really nice, i enjoyed reading it. I have interest on starting forex business, i am not too strong on it so i decided to take some course online. On the basic side, your course has lead me into some strong understanding. Thanks for every thing…. Your email address will not be published. Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information.
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Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. Stochastic 89,5,3 is also approaching resistance and seeing a bearish divergence where we Ichimoku cloud is also showing signs of bearish pressure in line with Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
Downtrend forming - Tendency: I am expecting a bounce off of the 20 period EMA after the surge we had during the Asian session. Now I am not jumping with market execution so pay attention the details below.
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.