Understanding
the Forex Market
www.3tgbrokers.com
Introductions
̀̀ The foreign exchange market, or forex, is the global market for trading
currencies,...
www.3tgbrokers.com
Forex Explained
̀̀ Tourists, businesses, and governments alike all need to be able to
exchange goods...
www.3tgbrokers.com
Terms to Know
̀̀ Direct Currency Quote: The foreign exchange rate quoted as the
domestic currency pe...
www.3tgbrokers.com
Terms to Know
̀̀ Ask Price: The minimum price a seller is willing to receive.
̀̀ Spreads: The differenc...
www.3tgbrokers.com
Forex Advantages
1. Making large trades without affecting an exchange rate.
2.	Low margins when enteri...
www.3tgbrokers.com
Trading Strategies
̀̀ Forex Carry Trade
̀̀ Fibonacci Pivot Trade
̀̀ Forex Dual Stochastic Trade
www.3tgbrokers.com
Opening a Forex Account
̀̀ Just as an investor has the potential to gain large sums of money
on the ...
www.3tgbrokers.com
Finding the Right Forex Brokerage
1. Leverage: The more leverage an investment has, the more money
...
www.3tgbrokers.com
About 3TG
3TG Brokers is the forex, CFD, ETF, and Futures brokerage brand of 3TG
FX Financial Limited P...
3TG Brokers | 38 Birmingham Drive, Riccarton, Christchurch 8024, New Zealand
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Understanding The Forex Market

The forex market is continually changing and fluctuating based on news and events happening globally. In an interconnected world the exchange of goods and currencies related to specific countries is vital to value trading around the world.
Published on: Mar 4, 2016
Published in: Economy & Finance      
Source: www.slideshare.net


Transcripts - Understanding The Forex Market

  • 1. Understanding the Forex Market
  • 2. www.3tgbrokers.com Introductions ̀̀ The foreign exchange market, or forex, is the global market for trading currencies, and is the largest financial market in the world. ̀̀ The amount of necessary information a trader needs to understand before entering the forex can be overwhelming.
  • 3. www.3tgbrokers.com Forex Explained ̀̀ Tourists, businesses, and governments alike all need to be able to exchange goods and services for local currencies. ̀̀ The forex allows investors to determine the relative value of global currencies. Exchange rates are constantly fluctuating as currency valuations are determined by the flow of currency into and out of a given country.
  • 4. www.3tgbrokers.com Terms to Know ̀̀ Direct Currency Quote: The foreign exchange rate quoted as the domestic currency per unit of the foreign currency. ̀̀ Indirect Currency Quote: The quantity of foreign currency required to buy units of domestic currency. ̀̀ Cross Currency: Currencies traded that do not include U.S. dollars. ̀̀ Bidding Price: The maximum price that a buyer is willing to pay.
  • 5. www.3tgbrokers.com Terms to Know ̀̀ Ask Price: The minimum price a seller is willing to receive. ̀̀ Spreads: The difference between the bid and the asked prices. ̀̀ Pip: The smallest price change a given exchange rate can make. ̀̀ Currency Pairs: The value of a unit of currency against the unit of another currency.
  • 6. www.3tgbrokers.com Forex Advantages 1. Making large trades without affecting an exchange rate. 2. Low margins when entering the market. 3. The market is open 24 hours a day.
  • 7. www.3tgbrokers.com Trading Strategies ̀̀ Forex Carry Trade ̀̀ Fibonacci Pivot Trade ̀̀ Forex Dual Stochastic Trade
  • 8. www.3tgbrokers.com Opening a Forex Account ̀̀ Just as an investor has the potential to gain large sums of money on the forex, there is also potential to lose large sums. ̀̀ Consult with a professional forex brokerage to ensure that your account is managed and maintained properly.
  • 9. www.3tgbrokers.com Finding the Right Forex Brokerage 1. Leverage: The more leverage an investment has, the more money you look to gain. 2. Commission or Fees: Your return needs to be greater than the fee percentage.
  • 10. www.3tgbrokers.com About 3TG 3TG Brokers is the forex, CFD, ETF, and Futures brokerage brand of 3TG FX Financial Limited Partnership based in Christchurch, New Zealand.
  • 11. 3TG Brokers | 38 Birmingham Drive, Riccarton, Christchurch 8024, New Zealand

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