Forex Tutorial


What is Forex? 

Forex is about this high-and-low money exchange system. You can earn money with this technique. Buy other countries money when they get lower, sell other countries money when they get higher. Changes can occur sometimes about any kind of economic waves and political changes.
You can make this technique for any country in The World. Because World currencies don`t have a fixed exchange rate. Money currencies anways fluctating depending on countrie`s inner and outer communication and political interaction. For example : if the war begans on Iraq Oil prices goes higher. (you know this war things happens in Asia too much). if Oil prices goes higher the money currencies goes lower on most country, except the countries have oil sources.
look at this example:
1- War begans on Syria
2- Oil prices goes higher
3- Also Canadian dollar goes higher because Canada has Oil refineries
4- Japan yen goes lower because Japan does not have much oil source
5- At this point Buy Japan Yen (You earn)
6- And sell Canada dollar (You earn)

Other informations:
usually 4 money pairs goes importantly :
  • Euro against US dollar,
  • US dollar against Japanese yen,
  • British pound against US dollar,
  • US dollar against Swiss franc 



How to start Forex trading?

Forex is a the best way to earn money. Everybody can do Forex trading easily. But you have to learn it first. And then have to do lot of practices with demo account. So at first learn about Forex from Babypips . You can Learn here full English Language. I have a another site. There you can learn about Forex. For learn Forex by Bangla From Bdpips. You can learn full about Forex from there. Then you have to choose a Forex site. You can find many Forex site for trading. They are all good. But InstaForex is my favorite.
https://www.instaforex.com
It is a very good site for trading. Then at first learn about Forex and practice in demo account. Then when you satisfy that you can get your profit easily, then open a real account and deposit money in your real account. Then start earning from Forex trading.    

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