Winning on Forex - Make money on Forex Online

The forex market is less risky than the stock market, for indeed the forex you can lose a little bit, but you can not lose everything! because a country is not a company! it does not close ... The United States will always pay in dollars and the Chinese still Yen.

You can make money with Forex!

You have everything to gain by trying the forex. Or very little to lose. $ 1 will always be one dollar and one euro is always a euro. While an action may be one day be a memory because of a bankruptcy or bankruptcy!

We distinguish 5 major river on which it is possible to make money with forex:

In these examples, EUR is the designation for the European currency Euro.
EUR / USD (USD = United States Dollar = U.S. dollars)
EUR / GBP (GBP = Great Britain Pound = British pound)
EUR / JPY (Japan Yen JPY = Yen =)
EUR / CAD (CAD = Canadian dollars Canadian dollars =)
EUR / AUD (AUD = Australian dollar Australian dollars =)

General

The exchange rates (exchange price between two currencies) vary 24/24 and 7 / 7 but the weekend variations are small.

The lowest variation is a pip. A pip is the smallest possible variation of a currency. On eur / usd, the lowest variation is 0.0001. Indeed, if the EUR / USD moves from 1.0000 to 1.0001, there is a change of 1 pip on the rise. If the GBP / USD moves from 1.3000 to 1.2999, there is a change of 1 pip down. Only difference: the USD / JPY the pip is 0.01 because the yen is very low.