Walla! Now I'm in the mood of answering to the question : what's the REAL FOREX that I refer to.Honestly, I knew that most of you who's asking me related to this topic were actually some victims of the bullshit-online-investment kinda programs which most of it has been blocked by our governments firewall :p What I can sure of is, it's totally absolutely different!
FOREX (short term for Foreign Exchange) is real-time buying of one currency and selling of another currency. It's like you purchase money with money, you both give and get money - two transactions (buying and selling) are happening at the same time. FOREX is considered one of the biggest financial - trading markets in the world which allows people to trade one currency for another and make a profit by trying to determine which currency's value will increase by the end of a determined time - for example the trader set fifteen minutes after placing the investment --> e.g: One could calculate and assume that by 8pm the US Dollar will be worth more than the Euro or Yen. FOREX trading may sound daunting at first, but the basics are quite simple. To start with, the first currency listed is called the "base currency" and it's usually the US Dollar. The traders will usually pit the USD against another currency. For example, a quote of USD/JPY 2.34 means that one USD is equal to 2.34 Japanese Yen. When the USD is the base unit and a currency quote goes up, it means the USD has increased in value and the other currency has weakened. Means when the USD/JPY quote is 2.50, then the USD is stronger because it can buy more Japanese Yen.
Wahahah...I hope my introduction, or just say definition of real FOREX above can be understandable orait ^_^ So, as a conclusion: if a currency quote goes higher, this increases the value of the base currency. A lower quote means the base currency is weakening. And before I end up this time, FYI : The Forex market is open 24 hours, five days a week (not much market activity during weekends) so you can go ahead and trade day or night or anytime except weekends. Walla!
p/s Below you will find the Market Hours in Eastern Standard Time (EST) for four of the world’s largest financial centers:
p/s2 If you wanna learn how to play with this real FOREX go to REAL FOREX
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