What is the stock market?
Stock exchange is a commercial market, but a lot of traders of the most important of these investors, banks, investment funds, brokerage firms and speculators
What is being traded in the stock market
There are many, many things which are traded according to the type of market, for example,
Are traded in the wood, wheat, cotton, iron and others in the Stock Exchange called the Stock Exchange of goods
There are also trading in shares of big companies capitalism the so-called Stock Exchange shares
Where they are buying and selling companies, but in the form of parts in the form of shares
There are also trading in the currency sale and purchase of one currency for another which is called the global foreign exchange (Forex)
Now that we understand a very simple picture of the things that are buying and selling, then how to achieve the profit and loss How to Tell
Profit achieved in the case of anything you buy at the price and then sell at a higher price than the price of your purchase to him and thus the winner
And losses realized in the opposite.
Do you want to identify the Bursa currency you explain:
What is Forex?
Forex Currency Trading - FOREX
Forex is a market, but the only market in the world which is being deliberated on the clock. 24 consecutive hours.
And is characterized by rapidly completing the transactions (sale, purchase) and can be any one that employs very low-cost, and its liquidity is very high. All these factors make this market more interesting and attractive, but there are many kinds of this market, what concerns us here is the foreign exchange market (or foreign exchange market), more markets for its clients.
Exchange market and this can not be likened to any other market or markets, share trading in terms of form, as there is no exchange here is known in the traditional sense of the word. It is composed of a huge global network linking is simply a huge number of currency traders in the world.
Here are traded among the hundreds of banks over the phone or via the Internet.
But what is sold and bought in this market?
Major currencies that are traded are: the U.S. dollar, Euro, Pound Sterling, Japanese Yen, Swiss franc, in addition to all the currencies of the world.
The five largest centers where trading between banks, representing two-thirds of global exchange are: London, New York, Zurich, Frankfurt and Tokyo.
Who are the players in this arena?
1 global banks. It is no secret to anyone that banks are the largest and most important players in the arena of global trade currencies. They are conducting thousands of transactions daily around the clock, they exchange among themselves, or with ordinary Albrookr Aoualemsttmaren, through their Permanent Representatives in this area. It is no secret that the greatest influence in moving the market and identify and exclusively in the hands of major global banks, as the daily transactions of billions of dollars.
Two central banks. Central banks are transactions in this market commissioned by the government, a move often to influence the course of the direction taken by their own currencies, according to the interest that is consistent with financial policies, and therefore protect its economic interests.
3 investment funds. It was due mostly to the institutional investors or pension funds or insurance companies, interfere in the market, according to the dictates of their interests. Mention the most famous of these funds "Quantum", a fund which is owned by renowned investor George Soros, who wrote a history in this area and still is one of the largest direct investors who are able to influence the course of the market.
4 clients trade currencies. These are the important permanent link between buyers and sellers. In other words, they move on the one hand as intermediaries between the various banks, on the other hand between the banks and private investors. For their work and see them blow for this commission.
5 independent people. We are those ordinary people who make huge daily turnover of currency to finance their trips planned, or to secure access to their salaries, or at retirement, etc..
Today, after the revolution that introduced the Internet on the operations of global communications, and after successive collapses in the stock markets, and under the influence of the atmosphere foggy witnessed by the markets, bonds, global treasury, is growing little by little the role of independent dealers who have modest amounts of money in buying and selling daily fast-growing influence and grow in the foreign exchange market, so that many of them are now profess this work, and spend their days in front of computers buying and selling each according to his vision of the course of the day's events. We have (speculators (
But how me to be one of them and all I know is just how light enter the information and how to subscribe and how to be a trader in this market wonderful???
All of these questions think of now and I will respond to all these questions and I will take your hand step by step until Attna you go into this area to become a professional with the help of God Almighty.
So far we know that the area in which we will do is trade or sale and purchase of one currency for another currency
How profitable?? Achieved a profit when prices change the currency, the euro, for example you bought a $ 1 has increased the price became $ 1 and fifteen cents to get the difference as profit
But this requires a capital of a fairly large so I would bring a high profit, does not it?
No longer will you require a high capital because we are working with these companies Margin, which allows you to double your capital works 100 times
What do you say 100 times my capital??? And how???? And what benefit are they??
This type of work is called Margin Margin or margin
Maalmqsod work on a margin?
To be able to understand the mechanism of the introduction of margin, we easily we shall explain by an example of significant Serafguena all the time
Suppose you want to trade cars, so that you purchase a car, then you are selling in the market for a buyer at a higher price and how can you do?
Will go to one of the agencies, large cars and choose a car that you think you will find the application in the market to assume that the price of the car to the agency car is $ 10,000
All Maalik is that the availability of this amount and you pay for agency vehicles and thus be the owner of a car worth $ 10,000 .. Since the purpose of buying the car is traded, you will go to the market and hoping that the car was sold at a higher price than the price you bought it.
Now suppose that when you went to the market and found that the demand for high quality car and there are a lot of people would like to purchase then will be displaying the car at $ 12,000, for example ..
If I sold this price be your net profit from trading in this car $ 2000
But what if I went to the market and found that the demand on the quality of your car is weak and that there is no one wishes to purchase price of $ 10,000 and the maximum price one can buy your car is $ 8000?
What does that mean?
Simply means that if you sell at this price, the trading in your loss of this car would be $ 2000
It's a clear process is much work every day .. and you can do so you also.
But wait
To the previous operation, you have to be the property of the amount of $ 10,000 from the outset to be able to buy a car buy it .. This is your capital in a trade.
If you were not have this amount will not be able Mnschera the car and therefore would not be able to sell in the market ..
This means that in order to be able to trade the car must be the property of the whole value of the car first ..
Is there a way to do this process because without that you have $ 10,000?
Yes there is a way .. a working method Margin Trading in margin basis
How so?
Why Oukal you the owner of agency vehicles: "If you would like to buy a car for trading with no need to pay me $ 10,000 full value of all that is required of you is to pay me deposit a value of only $ 1000 and I'm going to book the car in your name until you have the opportunity to sell in the market then return to me the rest of the value "
It is a wonderful opportunity and no doubt ..
Note that we said here, "booking" the car in your name .. That agency will not give you a car but the car will actually booked in your name and make it at your disposal for the purpose of trading them so that you can sell at a price that you like and if you actually owned.
But why Atatini car?
Because you did not pay only one tenth of its value .. only gave you the car has become accustomed to take them ..!!
So it is Atattiyk detain the vehicle, but your name, but the remainder of their ..
So how can I trade in?
Well .. when you know that you have a car reserved for trading in your name and that you can sell at a price that you like it you can now go to the market and the search for a buyer at a higher price than the purchase price of the car.
Let's say you found a buyer in the market for the car at $ 12,000 and then order an agency to sell the car buyer the car booked in your name at $ 12,000.
Buyer will pay $ 12,000 car and pick it up ..
The agency will deduct the value of the car car is $ 10,000 and will respond to you your deposit paid plus a $ 1,000 profit, a full $ 2000
Since you already but no intention of trading will not drive it that differentiates you actually get the car or do they remain with the agency and car ..
It is important that you had the opportunity to trade a commodity worth ten times the amount you paid and got a full profit and if you have actually item.
In this way ensures agency access to the entire automotive value of the car and you also get the full profit.
In this way everyone is happy
In the example above once your payment of $ 1000 was able to get any profit of $ 2000 200% of your capital paid-up just because you found the company to allow you to pay a fraction of the value of the item you wish to be traded.
It's a great opportunity right?
But how did this happen?
This happened because the agency allowed the cars you the opportunity to leverage your capital to double paid a $ 1,000 to ten times as any to $ 10,000 and thus allowing you the opportunity to trade in a commodity worth more ten times the actual value of your capital paid.
This is called the doubling of the capital or leverage Leverage.
When you get the possibility of doubling your capital ten times meaning that you return for your payment - your investment - the amount of what it is you have the opportunity to trade a commodity worth more than ten times the value of your capital.
And when you get the possibility of doubling your capital to one hundred times the meaning that you return for your payment to the amount of what it is you will have the opportunity to trade a commodity worth more than one hundred times the value of your capital.
And you will get full profit and if you have the item already.
Ie if we apply it to the previous example it is against the payment of the amount of $ 10,000 you will have the opportunity to trade cars worth $ 100,000 a dozen cars and one time .. If you win on both the amount of $ 2000 car means that the profit on the transaction is complete (2000 * 10 = $ 20,000) will get them in full and all the profit return on investment to the amount of $ 10,000 refundable deposit will return to you in the end
Is this reasonable?
Yes, reasonable .. This is what happens hundreds of millions per day in the financial markets and margin trading system.
Is now learned how to make millions?!
To go back again to our previous example:
Initially we have the regular way trading was as follows:
You make a purchase via your payment for the entire value of the car.
You go to the market and offer your item for sale.
You sell.
If you sell your car at a higher price than the purchase price to be profitable, but I sold it at a lower price than the purchase price be the loser.
But when you trading in a margin that is what happened:
You buy from the dealership and you double your capital by ten fold and that you pay $ 1000 refundable deposit and you are so temporary owner of the car until it is sold and re-value.
When you pay $ 1000 and gave you the possibility of trade agency car car worth $ 10,000 that is, they Mkntek to trade ten times your capital.
I went to the market and offered your item owned by temporarily for sale.
You sell and the agency that ordered the vehicle to sell the car owned by a temporary - and they already have in your name - to a buyer who found him in the market at a price that you specify.
The agency implementing it and the car has to sell the car to the buyer, and then deducted the value of the original - which Batk by car - the $ 10,000 and gave the rest as profit and net you re-deposit you paid at the beginning.
Note here ..
That when the agency cars to double your capital ten times, they did so to allow you the opportunity to trade the value of a car (items) worth more than 10 times the value of what you paid that you pay the rest of the value of the car after you sell, that is that when you paid $ 1000 and become an owner temporarily for the car you become indebted to the Agency the amount of $ 10,000 car until you pay full value of the car, as the amount of $ 1000 which is only paid a deposit refundable upon payment.
If you order and the agency that sells auto car at $ 12,000, they will be implemented and it will deduct the $ 10,000 value of the car and you will re-deposit you paid plus the first $ 2,000 is profit in trading.
But what if I sold the car at a lower price than the purchase price?
What if I sold it at $ 8000 USD, for example?
Will be required to complete the value of your car from your pocket, which will be required to pay $ 2000 in order to complete the value of the vehicle and then recover your deposit paid in advance.
Just as the agency does not auto Charkk profit is not Charkk loss as well.
Whether you win or lose is not only asking you to pay the full value of the car after the sale, if ordered to sell the car at a higher price than the purchase price will be implemented and it deducted the value of the vehicle and then respond to you your deposit plus the full profit.
If ordered to sell the car for less than the purchase price, it will be implemented and also to pay Stelzmk of your own pocket to complete the full value of the car, and this amount is your loss in this deal.
In the previous example, when I sold the car at $ 8000 USD it is you need to add the amount of pocket $ 2000 for the amount becomes $ 10,000 and are reimbursed for the car and be told you from bearing the loss and is not an agency car, and in all cases will be refunded your deposit paid in advance.
But why not fool Agency cars?!
Well: When we started our dealings with the agency vehicles that allow us to double the capital ten times what we paid is $ 1000, and when ordered agency cars to sell the car at $ 12,000 - after he found her on the buyer at this price - the Agency to sell the car at a price that we set and returned the deposit plus the profit to us in full.
If: If you ordered the agency to sell the car at $ 8000 will not add anything from our pocket all that the agency vehicles is $ 1000, so the agency will make cars that bear the loss ..
So it will not pay anything ... Nohrb ..!!
In order not to happen really, dealing with an agency vehicle in a manner margin has a special system that we can Nkhtzareth one sentence:
Must deposit the maximum amount that can be lost in the deal in advance with the agency cars.
How so?
In order to allow you the opportunity to margin trading system which allows you to work most of your size ten times, the agency will demand the following cars:
To open an account and have deposited the amount of $ 3000, for example.
This amount will be deposited in advance with the agency cars.
The agency will return cars to double your capital ten times leverage, and will allow you to trade a commodity exchange to pay only a token worth one tenth refundable only.
Will you buy a car, since it does not need to pay only one tenth its value, and since the value of $ 10,000 it does not you only have to pay $ 1000 refundable deposit.
When you buy the car will be deducted from your account any deposit will deduct $ 1000 Snsmi this "used margin used margin".
Will remain in your account is now $ 2000 is not used shall refer as "the margin available usable margin". This will be the amount is the maximum amount you can lose the deal.
And so ensure that you are the car agency who will bear the loss that occurred and are not, and will not be afraid to escape because there have in your account the amount you can afford to lose.
When you order the agency to sell the car the car amount of $ 12,000 will be implemented and the agency it would sell the car and deducted $ 10,000 value of the car and will return your deposit plus the full profit and will it add to your account with bringing your account to have = $ 5,000.
But if he ordered the agency cars to sell the car at a lower price than the purchase price for the transfer of $ 8000 will and agency vehicles to the implementation of it and will sell the car and then deducted $ 2000 from your account have to complete the rest of the price of the car, and then will return you to your deposit to your account and will become your account with only $ 1000.
Do you know why this method is called at work, "margin trading"?
Because it is dealing and trading on margin of profit and loss in trading commodity is no need to pay the full value, where the added profit from the deal for the shops and deducted from the account of the loss margin of stores.
What do you understand well?
Understand that you can not in any deal to lose more than the amount in your account with the company that allows you to margin trading system.
What goods can be traded on a margin?
There are countless possible of goods traded on a margin as they buy and sell these goods in the international stock exchanges for each of them:
Most important of these goods:
Equity Stocks
Commodities
Currency
And we'll talk about each of them in some detail:
Stock markets Stock market
Markets, the most famous and most forward
And equity markets are simply stock exchanges in which they are buying and selling stocks.
Operation is essentially that you open an account with a brokerage firm brokerage, then you choose the shares on the basis of what you expect the stock price will rise after a period of time, whereupon the application of the brokerage company that buys you a certain number of shares of this company .. Then wait until the shares are rising this company is already selling what you have contributed and therefore you get a profit.
Be followed up shares of companies in the stock allocated to it, if the company wishes to buy shares is a U.S. company listed in the New York Stock Exchange Vstracb price of this company in the New York Stock Exchange, although the company would like to buy shares is a local company in your country Vstracb price of shares of this company Exchange your local Exchange - Cairo or Amman or Kuwait, for example - and so on.
Of course, is the high and low price of the company's shares, according to the performance of this company, if the performance of the company well will want a lot of people to buy shares and therefore will increase the price, and if performance is poor will want a lot of people to sell shares of this company - to get rid of them - and thus reduce the price of shares of this company.
In order to achieve profit in trading the stock market
But how can you expect that the price of shares of a company will rise or not?
This is the crux of the matter
The expectation of this study need to be accurate for many things difficult to talk about here, and this analysis is the company's performance and the performance of the State of the economy of this company and a lot of other things ...
What concerns us here is that learning to share trading can be the traditional route, so pay the full value of shares and thus actually owned and then sold at the right time
He also shares can be traded on a margin to pay a certain portion of their value to possess it temporarily, as happened with you in the car the previous example
Would be interested to know that the majority of the stock traders are dealing with the traditional system and not because of margin trading stocks on a margin in some cases is complex and different rules and regulations depending on the country
If there is a modern way of trading stocks on a margin called CFD short for inter contract for difference which is the way are more prevalent in the recent period is characterized by simple
What concerns us now is to learn to trade stocks on a margin as possible, although not so popular
Commodities commodity markets
The markets (stock exchanges) in which they are buying and selling commodities, these commodities
Food: wheat, corn, soybeans, barley ... Etc.
Energy resources: crude oil, heating oil, natural gas ... Etc.
Industrial minerals: iron, copper, chromium, aluminum ... Etc.
Precious metals: gold, silver, platinum ... Etc.
Each type of goods the previous market its own, commodities are traded on a margin so as to choose a commodity imagine that the price will rise in the near future, whereupon buy to sell after the price rise actually keep you full profit
These goods are sold in the form of units fixed as mentioned above for each commodity unit of their own, for example, a unit of gold equivalent to approximately 16 kg each and every unit called Lott lot Will pay a fraction of the price of this quantity of gold used as a margin to be booked in your name exactly as we mentioned in the example of cars
Will then and now that there are 16 kilograms of gold with your name .. Will follow-up gold prices in the stock market when the international gold find that the price was high, order a company that deals with the lute, which sells your name the current price the company will implement the order and deducted the value of gold and add a lot to your account after the rest as profit margin for you to re-user
But if he became the gold prices are down more than the price you bought lots of gold meaning it may order the company to sell Lot reserved in your name at the price low will be offset the price difference of the discount from your existing account has, of course you will have freedom to wait perhaps the price is up to the height to no more than the difference between the price when you buy a lot of gold and current price for the amount in the margin available to you as we mentioned, the reason that it makes you feel a loss of sale is the fear of further decline in the price and thereby expand the fear of loss
Applies to gold what applies to other commodities, but for each commodity bourse, there is exchange of crude oil and there is exchange of iron .. Etc.
Different influences that affect the price of each commodity separately, for example, the price of crude oil is affected by political changes in the areas of production and international politics, for example, the price of wheat is affected by climatic conditions and production potential in the major exporters of wheat, and so
Not be possible for someone to work with all types of goods, but to be specialization in the field of trade is limited because the study of the movement of a commodity and therefore knowledge of the possibility to decrease or increase the price of a commodity need a lot of study and follow-up and experience in the market for this item
Commodity markets are trading mostly in the margin, but in a special way called derivatives derivatives (forward sales and options futures options), a method is difficult to explain here and is outside the scope of this book
What is important to know is that there are many goods can be traded on a margin completely Kaloslob we talked about in the example of cars
Currency market Currency markets
It is the largest financial exchanges in the world has ever
Where is the sale and purchase of one country's currency against payment of another country's currency
For example, where to buy the U.S. dollar to pay the single European currency (Euro), or vice versa any purchase to pay Euro U.S. Dollar interview
Or buy the U.S. dollar to pay the Japanese yen, or vice versa
Or buy the U.S. dollar to pay the pound sterling, or vice versa
Or buy the U.S. dollar to pay the CHF interview, or vice versa
Or purchase of any currency and payments for other currency as the price has
The profit is obtained exploiting minor differences between the prices of currencies, which are simple differences in most of the time, but it can turn into huge profits when they are buying and selling large amounts of money
If you need large sums of money to take advantage of this market .. Is not it?
Not .. Not so
With margin trading system will be able to buy and sell very large amounts of currency for the payment of a fraction of margin user will retain the full profits from you as if you have large sums of money actually
Provide an opportunity currency trading does not compensate for the huge profits and high speed can not be obtained in any other area of investment
And is characterized by trading currencies on a margin for other trading a lot of features that fit the average person with limited resources and limited experiences in the economic field
For these reasons and others, we devote the rest of this book to let you know the foundations to engage in this area is very interesting and profitable that the best one to deal with him, we will talk in detail about everything you need to become a trader in currency speculation in the international
This might be a moment is a moment in your career Since we're together in the International Currency Exchange
Why work the forex market?
As I learned, there are many possible types of goods traded like stocks, commodities and bonds, and many others, and each type of commodity bourse, where people choose to own one of these species or some of its trading
There are many reasons that make trading in the currency market is better than other types of trading markets and most important of these reasons
Work throughout the day
Stock exchange in the direct exchange is working for a limited period each day where the stock market opens in the morning and closes in the evening
For example: if you want to trade shares of U.S. companies, you can not buy and sell stock only when Naiuyork doors open at around 9 am (EST EST) am to 4 pm the same time
This means you are limited this time to control the market, which requires a full-time, and this applies to all other exchanges, each according to the timing of the state of its
If you work in an Arab country and want to trade shares on the NYSE, you are restricted to working between the hours of 4 pm to 11 at night, which corresponds to the timing of opening of the New York Stock Exchange for most of the Arab States
Such a difference in working times cause a lot of problems and difficulties in the long run
As for the stock exchange and because it does not have a central place specific, and because the operations are done by computer networks, the work does not stop foreign exchange 24 hours a day .. only in the last two days a week (Saturday and Sunday)
Banks and financial institutions in Japan to open its doors at 12 pm GMT (8 am Japan time) begin buying and selling organizations in Japan are closed only at 9 am GMT (5 pm Japan time)
But the work will not stop because it is to close the institutions of Japan and the Asian, the most important in Tokyo and Hong Kong and Singapore to be the European institutions, most notably in London, Frankfurt and Paris have opened their doors, and that the convergence of European institutions to close so that American institutions have started to work, most notably in New York and Chicago , and U.S. institutions to close their doors until the start of institutions in Australia and New Zealand in the trading, before closing its doors last are Japanese institutions have started a new day at work
Thus, depending on the timing of each state would be for you to handle a continuous 24-hour
Except on Saturday and Sunday .. as they holiday in all states
When shut down American institutions closed on Friday at 10 pm GMT, almost would be a Saturday morning in Australia and New Zealand the day of the holiday, as you know, so stop work to the evening of Sunday at 10 pm GMT, where on Monday morning in Australia and New Zealand to return the ball for the week of the next days beyond the day. In each country and depending on the timing to the end of next week .. And so on
Of course, you will not deal with all these institutions in all these countries separately, but will deal with the brokerage firm, which in turn Stervtk with all other institutions across the world
What concerns us here to learn, is that the work in the currency market will continue for 24 hours throughout the week, and this gives you the opportunity to choose a time that suits you to work on it without fear "that comes too late," In the currency market can not come too late, because the work is continuing throughout the day and because the opportunities are many and the clock
High liquidity High liquidity
When you want to sell shares as they must find a buyer for him, and when you want to sell a commodity it must be there who wants to buy from you
In some circumstances when there is news of what causes a sharp drop of the shares owned by all the holders of shares that you like her want to sell them also, making the supply of stocks much more than demand and this causes a fall a massive share price and extremely rapidly, so in some circumstances you may find great difficulty to sell your stocks at a reasonable price, but may have to sell your stocks a great loss when Atjd there who wants to buy
This so-called liquidity liquidity the ability to convert their existing securities into cash and this also applies to commodity commodities in the circumstances of economic and political changes important
In the currency market, Vldkhama this market which, as we have stated the biggest market in the world you are always able to sell their holdings of currencies at the time you see fit and you will always buy from you before it is too late and this feature reduces the risk that you may encounter in other financial markets
Market transparency and fairness of Fair and Transparency
The currency market is the fairest market in the world
Why?
Because it is a huge market so it can not be a limited class or someone that affect it easily
For example, if you compare the stock market, and if you own shares in a company as soon as a simple statement of the officials of this company is liable to affect the share price, which is owned or down up
In the currency market and that market is huge it can not be an individual or entity that affect it, are not affected by exchange rates, but moves the huge economic and estimated billions, and are not affected only the data of official government not from any country but from the larger States economically, such as the United States or Japan or the European Union. Or statements of finance ministers and central banks of these countries
This avoids the "movements" manipulation, which often suffered by the owners share the young and by the executives and top shareholders, who might - say might - have a personal interest in the raise or lower stock prices, there have been a lot of these stories, even in the shares of international companies Despite the stresses and control procedures
The magnitude of the currency market and they are not only affected by the official statements of the largest countries in the world economically and officials of these countries the official exchange market makes it more transparent, there is no secrets there is no manipulation
This avoids the currency market stores a lot of bumps, "hidden" by the traders may face in other markets to take advantage of the market bullish and bearish market
As we can in principle trade and get profit in a commodity market, whether bullish or bearish
Although, most dealers do not stock market trading for example only in the emerging market
What does this mean?
Means that the majority of stock market traders are looking for stocks that they expect to increase their prices in the near future to do to buy these shares in the hope of selling them at a higher price, but when they know that the shares of a company will fall not they take advantage of, it does not sell these shares to re-purchase them again at a lower price of the sale price and keep the two prices as profit margin
Why?
Because the trade in bear market stocks is characterized by complex and frequently restrictions, making it the area of danger, because the States and the stock exchanges to impose special regulations for trading in the market bearish in equities for fear of being deliberately officials of companies or those with an interest reduction of stock prices for their own benefit, so there are a lot of restrictions that make from trading shares in the market bearish complex issue does not deal with only professional and owners of extensive knowledge. as well as in markets for goods despite that you can trade and get profit when you expect that the price of a commodity will decline but in practice, most dealers commodity markets also tend to work rising market, or just looking for goods that they believe that prices will rise, while in bear markets for goods Few are dealing with
And because the goods most likely be traded in a special way called derivatives derivatives as mentioned, a method is difficult to explain here, make the trading market, the falling of risk of high and therefore does not deal with them only with experience and capabilities and know-how high, but the vast majority of traders from ordinary people, they and the principle of safety deal only in the emerging market
The various currencies, where he told her that the market is bullish and bearish market faithful Sian
And to all that can be traded in the currency of both expectation was that the price will rise or fall without the risk or increase returns, but at least it all the same in both cases, why?
If you want to interpretation it is because the currencies are bought and sold in pairs and not individual pairs you pay when you buy the dollar and the Japanese yen, it means that you sold the dollar and the yen, bought and paid when the yen and the dollar buys you practically have to sell yen and buy dollars
What concerns us now is to understand that in the currency market, unlike other markets can be traded in the market falling completely Kalmtajerh bullish market, which gives high flexibility and much greater opportunities to trade and get profit
