Monthly Trading Result
Total D20P JULY 2014 Live result +170 Pips
WIN 7 LOSS 6 NOT TOUCHED 9
DAILY STRATEGY 12 DECEMBER 06 click the chart for bigger image
DAILY STRATEGY 11 DECEMBER 06 click the chart for bigger image
DAILY STRATEGY 8 DECEMBER 06 click the chart for bigger image
Exchanging of currencies is basically for two main reasons. About 5% of daily turnover is from companies and governments that buy or sell products and services in a very foreign country or must convert profits made in foreign currency echange to their domestic currency. One other 95% is trading for profit, or speculation.
The FX market is considered an interbank market, simply because that transactions are conducted between two counterparts on the telephone or via an electronic network. Trading just isn’t centralized when using exchange, like with the stock and futures markets.