Start trading: If you wishto trade using the Easy-forex trading platform, or any other, you must first register and then deposit the amount you wish to have in your margin account to invest. Registering is with Easy-Forex and it accepts payment via most major credit cards, Paypal,Western Union. One your desposit has been received, you are ready to start trading.
Monitor: Online, any where, any time. You have full control to monitor your trading status, check scenarios, change some terms in you Forex deals close deals, or withdraw profits.

Forex deal : The investor's goal in Forex trading is to profit from foreign currency movements. More than 95% of all Forex trading performed today is for speculative purposes. The rest belongs to hedging and other activities. Forex trades (trading on board inter platforms) are non-delivery trades; currencies are not physically trades, but rather there are currency contracts which are agreed upon and performed. Both parties to such contracts undertake to fulfill their obligations: one side undertakes to sell the amount specified, and the other undertakes to by it. As mentioned, over 95% of the market activity is for speculative purposes, so there is no intention on either side to actually perform the contract. Thus, the contract ends by offsetting it against an opposite position, resulting in the profit and loss of the parties involved.

Components of a Forex deal:

A Forex deal is a contract agreed upon between the tradr and the market-maker. The contract is comprised of the following components:

• The currency pairs
• The principal amount
• The rate

Time frame is also a factor in some deals, but his chapter focuses on Day trading, in which deals have a lifespan of no more than a single full day. Thus, time frame does not play into the equation. Note, however, that deals can be renewed ("rolled-over") to the next day for limited period of time.

The Forex deal, in this context, is therefore an obligation to by and sell a specified amount of a particular pair of currencies at a pre-determined exchange rate. Forex trading is always done in currency pairs. For example, imagine that the exchange rate of EUR/USD on a certain day is 1.5000.If an inverstor had bought 1,000 euros on the date, he would have paid 1,500.00 US dollars. If one year later, the Forex rate was 1.5100, the value of the euro has increased in relation to the US dollar. The investor could now sell the 1,03300 euros in order to received 1,510.00 US dollars. The investor would then have USD 10.00 more than when he started a year earlier.

Trade only when you expect the currency you are buying to increase in value relative to the currency you are selling. If the currency you are buying does increase in value, you must sell back that currency in order to lock in the profit. An open trade is one in which a trader has bought or sold a particular currency pair, and has no plan to actually take delivery of the currency in the end; rather, they were solely speculating on the movement of that particular currency.

• 
• 
• 
• 
• 
•