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Best Forex Signal Provider (1)

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This PPT is about Forex? This PPT is on the behalf of tradoefy technical solutions. – PowerPoint PPT presentation

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Title: Best Forex Signal Provider (1)


1
What is Forex?
  • Another names of Forex is Foreign exchange
    and currency trading. Forex or currency trading
    is a global market where currencies are traded.
    The forex market is the largest, most liquid
    market in the world with an average daily trading
    volume exceeding 5 trillion.

www.tradoefy.com
2
FOREX TRANSACTION IT'S ALL IN THE EXCHANGE
  • When People travel abroad then they need to
    convert their currencies. For example if a person
    is traveling dubai from India so they convert
    their money from Indian Rupees to Dirhams. So
    the same way the forex market is global market.

www.tradoefy.com
3
How currency pairs are traded?
  • A currency pair is the quotation of the relative
    value of a currency unit against the unit of
    another currency in the foreign exchange market.
     GBP is the base currency and JPY is the quote
    currency.

www.tradoefy.com
4
Major Currency Pairs
  • EUR/USD- Euro/US Dollar
  • USD/JPY-United States Dollar/Japanese Yen
  • GBP/USD- Great Britain Pound/United States Dollar
  • AUD/USD- Australian Dollar/United States Dollar
  • USD/CHF- United States Dollar / Swiss Franc
  • NZD/USD- New Zealand Dollar/United States Dollar
  • USD/CAD-United States Dollar/Canadian Dollar

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5
Minor currency Pairs
  • EUR/GBP Euro/British pound
  • CAD/JPY Canadian dollar/Japanese yen
  • GBP/AUD British pound/Australian dollar
  • GBP/JPY British pound/Japanese yen
  • EUR/JPY Euro/Japanese yen
  • EUR/NZD Euro/New Zealand dollar
  • EUR/AUD Euro/Australian dollar
  • EUR/CHF Euro/Swiss franc
  • EUR/CAD Euro/Canadian dollar
  • CHF/JPY Swiss franc/Japanese yen
  • AUD/JPY Australian dollar/Japanese yen
  • NZD/JPY New Zealand dollar/Japanese yen
  • GBP/CHF British pound/Swiss franc
  • GBP/CAD British pound/Canadian dollar

www.tradoefy.com
6
Operating hours
  • Forex market has different operating hours
    for different countries due to the difference
    between time zone. In Asia Monday Morning in Asia
    to Friday Afternoon. And in afternoon New york
    the forex market is a 24 hour market. This
    differs from other markets such as stock market
    and commodity market.

www.tradoefy.com
7
Forex Trading Benefits
  • There are many benefits of forex trading. As it
    is very profitable and requires less capital in
    the comparison of other trading segments. For
    profitability in forex the traders need proper
    planning which is somewhere difficult for
    indivisuals who are new in this market or due to
    their busy schedule they can not focus.

www.tradoefy.com
8
Best Forex Signal Provider
  • For the convenience and help of
    traders there are Best Forex Signal Provider are
    available in the market who are into providing
    services. Traders can take the help of Best Forex
    signal Proivder to make better money in forex
    market.

www.tradoefy.com
9

Thank You
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