ASK price is the price of currency pair we can buy from our broker. Some refer as BUY price. ASK price always higher than the market value as it include the brokers’ commission. Refer to the following diagram.

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Forex is a short form of “Foreign Exchange”. Clearly from the word we can imply that we are dealing with various currencies. Its a form of trading, we are doing trading for sure. However we are not dealing with the regular items, we are dealing with money. We are exhanging one country’s money with another country’s money. So after some time the value of money that we have may increase or decrease. If the money’s value appreciate, then we are making some profit. Otherwise we have to born the loss.

For illustration, let say we just bough one lot ....Continue reading....

Why Forex ? there are several main reason why Forex is best money making business. I’m sure you will attracted to Forex trading after understanding how it works and what it can do to your money.

• Liquidity. Liquidity is very high in Forex. There is no real waiting period. Your order will be fill immediately. Unlike trading share, where you have to wait for you order to be filled.it just frustrating to wait and not much you can do.

• Leverage. In Forex, even with a small amount of investment you can still doing significant trading. Thanks to leverage ....Continue reading....

Forex is a short form of “Foreign Exchange”. Clearly from the word we can imply that we are dealing with various currencies. Its a form of trading, we are doing trading for sure. However we are not dealing with the regular items, we are dealing with money. We are exhanging one country’s money with another country’s money. So after some time the value of money that we have may increase or decrease. If the money’s value appreciate, then we are making some profit. Otherwise we have to born the loss.

For illustration, let say we just bough one lot ....Continue reading....