The foreign exchange market is a mechanism that can be used at any time.
You can sell any currency at high or low prices.
It is very different from stocks.
Earn profits through price fluctuation.
I'll give you a specific information to see, and I'll understand. If you don't understand, come to me!
QQ:563023228
Foreign exchange insurance, bond payment and trading.
Basic goods
Foreign exchange margin can be regarded as one of the fairest and most attractive personal investment and financial management methods. Margin trading means that investors use the financing provided by banks, market makers or brokers to conduct foreign exchange transactions. According to the latest statistics of the Bank for International Settlements, the daily trading volume of the international foreign exchange market has reached 2 trillion US dollars. Its scale has far exceeded other financial commodity markets such as stocks and futures. This figure is 1000 times that of China stock market. The foreign exchange market has become the largest financial market in the world.
In addition to the characteristics of large trading volume, the foreign exchange market has the following incomparable advantages:
24-hour uninterrupted trading, good liquidity, big market and many opportunities.
T+0 trading, flexible and free, without the limit of price limit;
Two-way trading can be long (buy low and sell high) or short (sell high and buy low);
Stop loss can be set to reduce risks and lock in profits;
Earn both money and interest;
Small but large, with less capital investment and flexible management, only need 1%- 10% deposit.
Low transaction cost and easy access.
Dollar dollar euro yen yen
Sterling Swiss franc Swiss franc
Australian dollar and Canadian dollar
Currency combination is the "package" of the world's six major currencies, which saves the trouble of stock selection.
1. USD: the global hard currency, the main currency reserve of central banks, can be said to be the weather vane of the foreign exchange market, and the words and deeds of the United States have a great influence on the foreign exchange market. Analysis of the dollar can refer to the dollar index. The rise of the US dollar index indicates that the US dollar is stronger, while the decline of the US dollar index indicates that the US dollar is weaker.
2. Euro EUR: Euro 1999 is listed, and the euro zone consists of 12 countries, with Germany, France and Italy as the core countries. The euro is a leader among non-American currencies, just like large-cap stocks in the stock market. The constant interest rate hike of the euro has promoted the pace of appreciation of the euro, and the euro has continuously hit new highs. The trend of the euro is standardized and stable, and novices can focus on it.
3. JPY: Japan is a typical export-oriented economy. In the past decade, Japan's economy has declined, and exports have become its lifeline. Therefore, the government hopes that the depreciation of the yen will improve the competitiveness of the international market. At the same time, Japan is an importer of semi-finished raw materials, especially oil, so the Bank of Japan often intervenes in its own currency. At the same time, Japan is in an earthquake-prone area, and investors should always be alert to emergencies. The yen can consider band operation.
4. Pound: Pound is the most valuable currency in the world at present. Because of its high price and daily fluctuation against the US dollar, it is nicknamed "Crazy Pound". As two European currencies, the pound can be studied in combination with the euro, which is characterized by large band fluctuation and is suitable for customers who use band operation. It is precisely because of its volatility that it is not recommended for newcomers to the foreign exchange market to operate.
5. Swiss franc CHF: Switzerland is a traditional neutral country and one of the most developed countries in the banking industry. The Swiss Bank of Geneva has a world-famous gold reserve of over 40%. Although the currency interest rate is not high, it attracts a lot of deposits, so the Swiss franc is called a safe haven currency. War, panic and turmoil will all lead to the appreciation of the Swiss franc. Its trend is more active than the euro and more stable than the pound, so it is an ideal investment currency.
6. Australian dollar AUD: The Australian dollar is a typical commodity currency. Iron ore, copper mine and gold mine account for a large proportion in Australian national production, especially gold. Therefore, the price of gold is closely related to the Australian dollar. The Australian dollar is relatively strong, generally unilateral, and is a currency suitable for medium and long-term investment.
7. CAD of Canadian dollar: Canadian dollar also belongs to commodity currency. Canada has a close political and economic relationship with the United States, and it is a country that relies heavily on exports. In addition to agricultural products and seafood, oil exports account for a large proportion of its gross national product, and the export target is the United States. Therefore, the trend of Canadian dollar is not consistent with other non-American currencies, and it is greatly influenced by American policy. It is a currency suitable for long-term investment.
All quotations are divided into direct quotation and indirect quotation, such as
Direct quotation USD/JPY, USD/CHF and USD/CAD.
Indirect quotations are EUR/USD, GBP/USD and AUD/USD.
Crossbar EUR/GBP, EUR/CHF, EUR/JPY, GBP/JPY.
The exchange rate is usually expressed with four decimal places, and only the Japanese yen is expressed with two decimal places. The first two digits of the four decimal places are "large numbers", and the third and fourth digits are collectively called "minutes". For example, in GBP/USD = 1.9056, the large number is 1.90, and the third and fourth decimal places 56 represent 56 points. The fourth place is a point for every word that fluctuates.
In foreign exchange transactions, the basic trading unit is expressed by hand. 1 hand includes 65438+ million units of base currency, and the actual deposit occupied is 1000 USD. Therefore, in foreign exchange margin trading, investors do not need to withdraw the full value of the transaction when buying and selling a unit, and they can reach the trading scale by opening a "margin" account.
In margin trading, every fluctuation of 1 point (1.9056-1.9057) makes a profit of 10, and the same fluctuation of 56 points makes a profit of $560. This is also the characteristic of lever mechanism.
Huimin is generally engaged in non-foreign exchange professional work. 5:00-24:00 pm is free time, which can be used for foreign exchange investment without being distracted by work. Let's talk about this 24-hour collapse!
Various currency combinations are constantly changing due to political and economic reasons, and investors can get opportunities from them. Investors can make a profit by buying and selling. All transactions are completed immediately, which is extremely flexible. Below, let's give an example:
The picture above shows the graphic trend of GBP/USD for 30 minutes.
Do more-buy first and then sell.
As shown in Figure 1: After 65438+1October 1 1, the pound continued to fluctuate upward. We intercepted a passage and asked you two questions.
Question: Pay the bill at 1.7600 (at 1000 USD) and hold the position at 1.7670. What does this mean?
1.7670-1.7600 = 0.0070, which means that the exchange rate has risen by 70 points.
The average value of each point is 10 USD, 70× 10=700 USD.
In this way, your profit is 700 dollars, equivalent to 5600 yuan.
Empty-sell first and buy later
As shown in ②, the pound has been declining since 16. We will intercept a small part of the trend and ask you two more questions:
Question: Make orders at 1.7660 (at 1000 USD) and hold positions at 1.7580. What will this mean?
1.7660-1.7580 = 0.0080, which means that the exchange rate has fallen by 80 points.
The average value of each point is 10 USD, 80× 10=800 USD.
In this way, your profit is 800 dollars, equivalent to 6400 yuan.
One last hypothesis.
If you set a stop loss in the rising pound market (for example, ①) to make more pounds, and set a stop loss in the falling pound market (for example, ②) to short, what is your profit?
700+800= 1500 USD = 12, 150 RMB. You only need to take a risk of 60 points.
Whether it goes up or down, you have a chance to make a profit. Seize the opportunity and this assumption will become a reality.
Log on to www.beichentouzi.com website.
Open the "platform download" column, click and follow the following tips to complete the installation!
Click Run to continue. Click "Next" Click "Next"
Install the program, put "Yes, I accept all license contracts" before the check mark, and then click "Next". Click "Next" Click "Next"
By default, always click Next to complete the installation program.
Run FXDD- MetaTrader:
Find the FXDD- MetaTrader icon on the desktop-double-click.
Open the FXDD- MetaTrader software interface for the first time as follows:
Modify the Chinese interface. Click View → Language → Chinese (Simplified) on the toolbar, then close the software and reopen it to display the Chinese interface (as shown in the figure below).
How to place an order?
(1) Open position
You can place an order directly from the right-click menu in the chart:
Click "New Order" on the menu bar directly.
Tools-> new order;
A dialogue window will appear, and the opening trading instruction is:
You can adjust trading varieties and positions in (commodity options) or trading volume (trading volume option).
Do more-click "buy" to empty-click "sell"
(2) Closing positions
If you only want to close your position at the current price, please press the "Close your position" button. The price will be completely or partially closed in a few seconds.
Overnight spread refers to the interest difference between currency combinations, because overnight spread is calculated according to the interest difference between currency combinations every day, so it will change every day. According to the spot foreign exchange trading rules, foreign exchange dealers automatically provide investors with extension service, which will be automatically extended to the next trading day according to your warehouse receipt opened at 5 pm EST. Because the overnight lending rates of banks in different currencies are different, customers' positions will have interest. Whether the position holds interest or pays interest depends on the order held by the customer. Only by buying high-interest foreign currency can you get interest. When you sell high-interest foreign currency, you must pay interest. Because the interest in different countries will be adjusted frequently, the payment or collection of interest in different currencies in different periods is different. Investors should be based on the interest rate standards published by dealers engaged in foreign currency transactions.
If the position is on Wednesday, there will be weekend interest. Usually, the interest on Wednesday is calculated on a three-day basis. If there is a festival, it will also generate interest. At the end of the quarter and the end of the year, the overnight lending rate of banks will change greatly, so the position interest rate will also fluctuate.
If you want to avoid the occurrence of interest, customers are advised to pay the interest at 5:00 pm EST (5: 00 am Beijing time (April 9
Month), other time at 6: 00 a.m. Beijing time) close the holding list.
The fluctuation of exchange rate, though ever-changing, is determined by the relationship between supply and demand, just like other commodities. In the international foreign exchange market, when there are more buyers than sellers of a certain currency, the buyers scramble to buy it, and the buyer's power is greater than the seller's, so the seller's exotic goods can live, and the price will inevitably rise. On the other hand, when sellers see that the market is not good and compete to sell a certain currency, the seller's power has the upper hand in the market and the exchange rate will inevitably fall. But there are many factors that affect the balance of supply and demand, but in a nutshell, there are mainly the following points:
1. The economic growth rate of a country. This is the most basic factor affecting exchange rate fluctuations. According to the macroeconomic theory of Keynesian school, the growth of gross national product will lead to the growth of national income and expenditure. The increase of income will lead to the expansion of the demand for imported goods, which in turn will expand the demand for foreign exchange and promote the depreciation of the local currency. The increase of expenditure means the increase of social investment and consumption, which is conducive to promoting the development of production, improving the international competitiveness of products, stimulating exports and increasing foreign exchange supply. So in the long run, economic growth will cause the appreciation of the local currency. From this perspective, the impact of economic growth on foreign exchange is complex, but if the role of currency preservation is considered, exchange psychology has another explanation. That is, the value of money depends on the subjective evaluation of money by both the foreign exchange supply and demand sides, and the contrast of this subjective evaluation is the exchange rate. When a country's economy is developing well, its subjective evaluation is relatively high and its currency is firm.
2. Balance of payments, which is the most direct factor affecting the exchange rate. As early as 65438+1960s, Gehlsen, an Englishman, elaborated on the influence of balance of payments on exchange rate, and then mentioned portfolio theory. The so-called balance of payments is simply the import and export of goods and services and the input and output of capital. In the balance of payments, if exports exceed imports and capital flows in, it means that the demand for the country's currency in the international market increases, and the local currency will rise. On the other hand, if imports exceed exports and capital flows out, the demand for the country's currency in the international market will decrease and the local currency will depreciate.
3. The difference between the price level and the inflation level. Under the paper money system, the exchange rate is fundamentally determined by the actual value represented by money. According to purchasing power parity, currency purchasing power parity is not just the currency exchange rate. If a country's price level is high and inflation rate is high, it means that the purchasing power of local currency declines, which leads to the depreciation of local currency. Instead, it tends to appreciate.
4. Differences in interest rate levels. All the theories of monetary school discuss the role of interest rate in exchange rate fluctuation. However, the most clear explanation is the interest rate evaluation theory, which emerged after the 1970s. This theory well explains the exchange rate changes in the short and medium term. The influence of interest rate on exchange rate is mainly realized through the influence on arbitrage capital flow. Under moderate inflation, higher interest rates will attract foreign capital inflows, restrain domestic demand, reduce imports and make the local currency appreciate. However, under severe inflation, interest rates are negatively correlated with exchange rates.
5. People's psychological expectations. This factor is particularly prominent in the current international financial market. According to exchange psychology, foreign exchange rate is the concentrated expression of subjective psychological evaluation of money by both foreign exchange supply and demand sides. If the evaluation is high and confidence is strong, the currency will appreciate. This theory plays a vital role in explaining countless short-term or extremely short-term exchange rate fluctuations. In addition, the factors that affect exchange rate fluctuations include the government's currency, exchange rate policy, the impact of emergencies, the impact of international speculation, the release of economic data and even the impact of opening and closing, and these factors will also strengthen or offset each other.
The biggest influence on the foreign exchange market is the monthly (or quarterly) economic statistics released by the United States, followed by euro zone countries, Japan, Britain, and finally Australia, Canada, Switzerland and so on. The biggest reason why the US dollar plays a role is that the US dollar is the most important currency in the international foreign exchange trading market, and it also accounts for more than 50% of the settlement methods of international trade.
From the content of economic statistics, the order of effect is interest rate adjustment, employment (non-agricultural employment population in the United States), gross national product, industrial production, foreign trade, inflation rate, production price (price) index, consumer price index, wholesale price index, retail price index, consumer confidence index, housing (construction) operating rate, personal income, automobile sales, average wage and commerce.
1. Please read the transaction instructions carefully before opening an account and be familiar with the software usage.
2. When opening an account, the customer must prepare the ID card.
* All-in-one passbook/bank card for local currency and foreign currency.
3. Fill in the account opening agreement.
4. Receive the real account number within 1-5 working days after opening the account.
5. Customers need to go to the bank or post office to handle the remittance formalities in person (the arrival time is 1-5 working days).
Shandong Beichen investment employees
I wish you a happy study!