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commodity trading in forex

This is a discussion on commodity trading in forex within the General Discussion forums, part of the Trading Forum category; In the Forex market there is no opening bell. From Sunday around 5pm EST to Friday around 4 pm EST ...

          
   
  1. #11
    Senior Member Taylor Woods's Avatar
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    There is no opening bell.

    In the Forex market there is no opening bell. From Sunday around 5pm EST to Friday around 4 pm EST you can enter and exit a trader whenever you want. Actually Forex trading has got the flexibility of hours which attracts most of the participants and you can work here a part term trader or full term trader whatever you want. There are many unlimited Forex traders and from traders to trader their trading forms differ.

  2. #12
    Senior Member Taylor Woods's Avatar
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    My fear is gone.

    ForexChief is Great broker! Least store is simply $100, which I did and got the chance to perceive how great the broker is. I have since store more to increase my value. The dread factor is gone, after four continuous withdrawals that were handled rapidly to my bitcoin account. It is anything but difficult to detect a broker that cares about traders and would prefer not to lose anyone. This is one of those brokers.
    MetaTrader 4 platform for desktop PC utilizing the Windows 7 working framework and higher Intuitively justifiable interface, implanted programming language MQL 4, a wide assortment of indicators and instruments for technical analysis, Direct Market Access through MT4 Bridge technology.

  3. #13
    Senior Member Taylor Woods's Avatar
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    Before entering market should check many things.

    Before opening an account, you should check with several dealers and compare their charges as well as their services. If you were solicited by or place your trades through someone other than the dealer,or if your account is managed by someone, you may be charged a separate amount for the third party’s services. Some firms charge a per trade commission, while other firms charge a mark-up by widening the spread between the bid and ask prices they give their customers. In the earlier example, assume that the dealer can get a EUR/USD spread of 1.2173/75 from a bank. If the dealer widens the spread to 1.2170/78 for its customers, the dealer has marked up the spread by .0003 on each side.

  4. #14
    Senior Member Taylor Woods's Avatar
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    Money Fluctuates over time.

    When you are trading Forex you are trading one currency against another. An example would be when you are trading your Dollars for Euros. Most people have experienced this when visiting another country with a different currency. Because the rate for which you can trade your money fluctuates over time, it is also possible to earn money with currency trading. The only rule you have to follow says ‘buy low, sell high’. Of course this is not as easy as it sounds as you never know in advance what would be considered ‘low’ and ‘high’.

  5. #15
    Senior Member Taylor Woods's Avatar
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    Huge daily turnover.

    Foreign exchange market is the largest financial market with a daily turnover of over USD 5 trillion. Foreign exchange markets were primarily developed to facilitate settlement of debts arising out of international trade. But these markets have developed on their own so much so that a turnover of about 3 days in the foreign exchange market is equivalent to the magnitude of world trade in goods and services. The largest foreign exchange market is London followed by New York, Tokyo, Zurich and Frankfurt.

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