WHAT IS FOREX ?
Forex (Foreign Exchange) trading of foreign currencies, or commonly referred to as the Forex (Foreign Exchange). Traded on the FOREX: Couples (Pairs) Common Currency in the world (for example: EUR / USD, GBP / USD, USD / JPY, USD / CHF). So Forex means the buying or selling a currency against other currencies in order to benefit Example: Buy EUR / USD means Buy and Sell Euro USDollar Sell USD / JPY means the USDollar Sell and buy Japan Yen Market Hours Forex markets move and open 24 hours (Monday morning until Saturday pk.4 morning pk.4 WIB) WIT = Western Indonesian Time or GMT +7 Time Zone: Asian Times (Tokyo): 7.00-15.00 WIB Europe Time (London): 14.00-24.00 WIB USA Time (New York): 20.00-05.00 WIB Contract Value (Quantity Contract Size) Ie the actual number traded in the market Contract Size is differentiated on the basis of Lot, namely: 0:01 Lot = unit value of the contract: perpoin / pips worth $ 0.1 or approximately Rp. 1000, -- 0...