Forex - Study guides, Class notes & Summaries

Lot Size - ANSWER-What traders use to determine how much money per pip one wants to make. To convert Lot Size into $$$ - Lot Size X 10 = Actual amount per Pip. Example: (Lot Size) 0.01 X 10 = $0.10 per Pip Pip - ANSWER-The smallest change in value for any given Forex source Entry point - ANSWER-The level or price at which a trader enters into a trade (buy/sell) Stop loss order - ANSWER-An order that you place with your FX broker and CFD Broker in order to sell a security when i...

What is Forex? - ANSWER-The global market that allows one to trade two currencies against each other. True of False: If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit. - ANSWER-True. What is an Exchange Rate? - ANSWER-The relative price of two currencies from two different countries. FOREX, or "FX" stands for: - ANSWER-Foreign Exchange Market. True or False: FX market is a global, decentralized market where the wor...

EUR - ANSWER-Euro USD - ANSWER-US dollar GBP - ANSWER-British pound JPY - ANSWER-Japanese yen CHF - ANSWER-Swiss Franc AUD - ANSWER-Australian dollar CAD - ANSWER-Canadian dollar NZD - ANSWER-New Zealand dollar 7 liquid pairs - ANSWER-EUR/USD , GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, USD/CAD When is forex "open"? - ANSWER-Forex is run electronically within a network of banks 24 hours , 5 days a week What is forex? - ANSWER-foreign exchange market More in de...

Forex trading - ANSWER-1. Simultaneous exchanging of one currency for another 2. No physical location or central exchange 24hr trading Customers - ANSWER-1. Corporation, hedge funds, mutual funds, pension funds, central banks 2. Trade with a dealer Dealers - ANSWER-1. Mostly large banks take customer orders 2. Make markets from owned inventory Inter dealer market - ANSWER-1. Direct dealing - dealer to dealer (Phone, electronically) 2. Indirectly (Inter dealer brokers (phone, electro...

What is Forex? - ANSWER-The global market that allows the exchange of currency What allows you to make money in the forex exchange? - ANSWER-Changes in exchange rates What does Forex stand for? - ANSWER-Foreign Exchange Market What is the daily trade volume of forex? & What is the daily trade volume for retail traders (us)? - ANSWER-$5 trillion - $1.8 Trillion What is the trade volume of the NYSE? - ANSWER-$22.4 billion What is traded in Forex? - ANSWER-Fiat & Crypto Currency H...

What are the most popular financial instruments for retail traders? - ANSWER-Retail forex, spot FX, currency futures, currency options, currency exchange-traded funds (or ETFs), forex CFDs, forex spread betting Define "financial instrument". - ANSWER-Financial instruments are different ways to invest or speculate in currencies. What are 'futures'? - ANSWER-contracts to buy or sell at a specific date in the future at a price specified today. details the price at which a curren...

Exchange Rate - ANSWER-Relative price of two currencies from two different countries Currency traders aka ___ - ANSWER-Currency speculators What is traded in forex - ANSWER-Money from each country What does forex show you - ANSWER-the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to other economies. Explain 3 letter currency symbols - ANSWER-the first two letters identify the name of the country and the third...

Series 79-KnopmanFinancial markets - correct answer Collection of buyers and sellers that trade assets including equities, debt, currencies and derivatives Functions of capital markets - correct answer Raising capital, transferring risk, trade Factors in a market's performance - correct answer Efficiency, liquidity, continuity, marketability, timely and accurate information Capital markets - correct answer Markets for stocks (equity) and bonds (debt) Primary markets - correct answer...

ATI RN Mental Health Nursing With Rationale Latest Update October 2024 A nurse is preparing to obtain a nursing history from a client who has a new diagnosis of anorexia nervosa. Which of the following questions are appropriate for the nurse to include in the assesment? - Answer--A. "What is your relationship like with your family?" C. "Would you describe your current eating habits?" E. "Can you discuss your feelings about your appearance?" Rationale: A family history of a ...

How to Make Money Trading Forex - ANSWER-In the forex market, you buy or sell currencies. The object of forex trading is to exchange one currency for another in the expectation that the price will change. More specifically, that the currency you bought will increase in value compared to the one you sold. How to Make Money Trading Forex - ANSWER-*EUR 10,000 x 1.18 = US $11,800 ** EUR 10,000 x 1.25 = US $12,500 For example, the EUR/USD exchange rate indicates how many euros can purchase one U...