Forex Traders Africa

Forex Traders Africa Forex Traders Africa Provides Info to Any Forex Trader in Africa or Those Interested in Making Serious Cash Through Foreign Exchange(Forex) Trading.

26/11/2015

This Monday 30th November…Prepare to discover the Fastest Way to make a Fortune in the World today!

In what could be the most valuable two hours of your entire life, you’ll learn:
• Why THIS is the Single Most Exciting Time In Trading History Ever
• Simple Shortcuts to make Big Profits in just 30 mins A Day
• About Basic software that shows you low risk trades with BIG returns
• The Secrets only 10% of Traders know
• How to be able to Quit Your Job in 30 Days From Now
• How to Make More Money In A Month Than You Do Now In A Year

Contact for details

Relief: Finally you can withdraw money from Paypal & all other Online Companies within 2 hours by applying for a FREE In...
21/01/2013

Relief: Finally you can withdraw money from Paypal & all other Online Companies within 2 hours by applying for a FREE International MasterCard delivered to you within a couple of weeks and FREE of charge!

Get $25 when you sign up for using my link. Available to over 200 countries worldwide!

25/12/2012

May you find joy, love and peace of mind this Christmas. MERRY CHRISTMAS

Tell me what direction the Dollar will take today...
20/09/2012

Tell me what direction the Dollar will take today...

What is FOREX?Foreign Exchange (ForEex) trading is simply the exchanging of one currency for another - Each Forex trade ...
20/09/2012

What is FOREX?

Foreign Exchange (ForEex) trading is simply the exchanging of one currency for another - Each Forex trade can theoretically be viewed as a 'spread ' trade where to buy one currency you must sell another. Convention dictates that currencies are measured in units per 1 USD. For example, 1 USD is worth approximately 125 JPY (Japanese Yen) or 1 USD is worth approximately 1.5000 CHF (Swiss Francs). As a result, when USD/JPY appreciates in value, it is the USD that has appreciated in value relative to the JPY and not vice-versa. Position-wise, to own or be 'Long' USDJPY means that you are long the USD and concurrently short the JPY. USD, therefore, is the default 'lead' currency.

Courtesy of
http://www.kenyaforex.com/

Currency trading on the international financial Forex market. Forex, kenya, kenya forex, forex kenya, forex in kenya, online forex trading kenya, forex rates, nairobi,

18/09/2012

Quote Currency : The second currency of two in a currency pair. For the EUR/USD, USD is the quote currency. The exchange rate quoted is how many units of the second currency you will receive for one unit of the base currency.

18/09/2012

Market Order: An order for immediate ex*****on at the best available price

18/09/2012

Market Close: In the 24-hour forex market, the market never closes. For administrative purposes, many banks institute 5pm EST as the market close in order to differentiate between value dates, as well as mark delivery dates.

18/09/2012

You might be wondering what 'leverage' is following the previous post, here is what it means,
Leverage: The ratio of margin to the maximum position size. With a deposit of $10 and a leverage of 500, a trader could enter a position with a face value of $5,000. Leveraging allows you to profit quickly but should be used wisely as it can as well be your downfall.

18/09/2012

Margin: The minimum deposit required to maintain an open position. For example, with an open position of $250,000 and a leverage of 50, the required margin would be $5000
But for our case, we will only be dealing with around $10 or $25

Online Forex Trading requires a specific software (Trading platforms) with the most widely used being MetaTrader 4. Here...
18/09/2012

Online Forex Trading requires a specific software (Trading platforms) with the most widely used being MetaTrader 4. Here is a typical screenshot of MT4

18/09/2012

The most common word in Forex trading is 'Pip'
Pip: This is the smallest upward or downward price movements quoted in forex. In EUR/USD, a movement of 0.0001 is one pip (for example, from 140.005 to 140.004 euro). In USD/JPY, a movement of 0.01 is one pip (for example, from 116.32 to 116.31 yen)

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