When doing foreign exchange transactions, everyone is faced with the problem of price difference. Point is the enterprise with the least change in foreign exchange price, and it is also to accurately express the exchange rate. Generally, it is represented by five big numbers. The following small series brings you how much a foreign exchange transaction costs, I hope you like it!
How much is a foreign exchange trading point?
What is a point of foreign exchange trading?
You need to master the definition of points and hands first. According to the characteristics of Euro/USD, the current price of Euro/USD is 1. 12 15, and the smallest change is 0.000 1, which is a point. The number of foreign exchange lots is the same as that of futures trading. According to the requirements of the service platform for foreign exchange dealers, the minimum number of lots will be 0.0 1 or 0. 1, etc.
Depending on the number of lots, the price is different. Based on the characteristic analysis of 1 hand, the price of Euro/USD changes by one point, from1.12 1. 12 16, which is the win or loss of USD 20. The bigger the lot, the greater the change.
For most foreign exchange varieties, such as Euro/USD and Euro/USD, one point is 0.000 1, but for some foreign exchange currency pairs, such as USD/JPY, it is at least 0.0 1, but the change of one point will not change, and one point per hand is1USD.
When making a specific order, it is generally a case of losing money when submitting an order. Based on the analysis of the current price characteristics of EUR/USD, no matter how long you drive, the price will never change, at 1. 12 15, but if you submit an order, you will lose money. This is because of the price difference and service charge.
The service fee is rarely said, and it is as inevitable as the transaction fee of individual stocks. What is the difference? There are two kinds of foreign exchange prices, one is the buying price and the other is the selling price. The difference between the two prices is the price difference. Generally, it is divided into fluctuating spread or fixed spread, which varies according to the requirements of service platforms.
What are the risks faced by China's foreign exchange reserves?
(A) excessive and rapid growth of foreign exchange reserves will inevitably lead to an increase in the cost of holding foreign exchange in China, resulting in waste of resources and idle funds.
The opportunity cost of holding such high foreign exchange reserves is very high. If China holds foreign debts and borrows them at the same time, it is equivalent to lending money to foreigners at low cost. At the same time, the high foreign exchange reserves have not been transformed into actual means of production, so it is impossible to create wealth. Therefore, the excessive cost of foreign exchange reserves will have a certain negative impact on the development of the national economy.
Excessive foreign exchange reserves will aggravate domestic inflation.
Due to the imbalance between supply and demand of foreign exchange in China and the compulsory settlement and sale of foreign exchange, the government must put more RMB into the market to recover the constantly flowing foreign exchange, and the cash flow in the market is increasing, resulting in excess liquidity and serious inflation.
(3) The rapid growth of foreign exchange reserves has virtually intensified the pressure of RMB appreciation, which will inevitably affect the international competitiveness of China's export commodities.
In most cases, the increase of a country's foreign exchange reserves will lead to the rise of its currency exchange rate. However, under the international situation that Europe and the United States continue to impose various trade sanctions on China and the RMB exchange rate continues to rise, foreign trade enterprises without core technology are no match for large enterprises and foreign companies after losing their price advantage, thus closing down one after another, declining exports, increasing unemployment and slowing down economic growth.
What is the best combination of foreign exchange indicators?
What indicators should foreign exchange transactions look at?
1. Financial indicators: Financial indicators mainly include interest rates, money supply, debts of consumers and companies, and inflation rate. Financial indicators determine and affect the overall economic basis of the foreign exchange market trend, which is the basic analysis index of foreign exchange transactions.
2. Emotional indicators: Anyone who speculates in foreign exchange knows that the foreign exchange market is emotional. Emotional indicators mainly include bid-ask ratio, bull market and bear market analyst index, and sporadic transaction scale. Generally speaking, investors who use emotional indicators are contrarian. Emotional indicators can predict price expectations, and traders can take the opposite behavior. If every market investor thinks that the price will rise, then in fact, the price will no longer have the motivation to rise.
3. Trend indicators: Trend indicators are commonly used by investors, mainly including MACD, RSI, DMI and other technical indicators. Trend indicator is to judge the trend of foreign exchange market through the coordination of price, volume and price. In the trend indicator, the momentum model will raise the difference or ratio between the two moving averages.
What is the best combination of foreign exchange indicators?
1, KDJ+DMI indicator combination
KDJ index aims to pursue the safety of short-term operation, and its characteristics are reflected in speed. In the index system, it is one of the most sensitive indicators. Skillfully and flexibly using it, you can capture the rather small trend of market changes, which is actually a magic weapon for short-term operation.
DMI index can accurately tell us the changing trend of the future market, thus providing investors with appropriate trading opportunities and grasping the changing trend of the market. Therefore, combining these two indicators can reduce investment risk, improve operational safety and find the best trading point.
2.DMI+ moving average+volume index combination
Moving average is widely used in foreign exchange market. It can send out long and short signals in time and clearly. If it can be combined with DMI and VOL indicators, it can achieve unexpected results.
In terms of operation methods, when the horse signals to do more, it gets the cooperation of volume amplification, which shows that the market has sufficient upward energy and strong explosive power; If the trading volume is not effectively amplified when you send a long signal with the horse, the upside is weak, or there is a suspicion of fake cattle. On the other hand, even if the trading volume is enlarged, if the horse or horse does not have the buying characteristics, it should not be easily involved.
Therefore, only when, horse and VOL are mutually verified and unified can they be used as the basis for decision-making, which is the essence of Dow's theory. According to the operating characteristics of the foreign exchange market for many years, this set of signals focuses on the following collocation methods.
3.MACD+ moving average+volume index combination
According to my years of follow-up observation and real operation, the application effect of this set of indicators is very high. If you can skillfully and flexibly use its collocation method, you will surely become a winner in the foreign exchange market. The application method is: when MACD, MA and VOL indicators are mutually verified and unified, it is a reliable trading decision. On the contrary, it should be used with caution.
4.KDJ+RSI+MACD indicator combination
The actual combat effect of this set of indicators is very obvious. Its operation method is: make full use of the sensitivity of KDJ indicators and capture as many profitable investment signals as possible in the market. When the investment signal is captured, there is no need to intervene prematurely, and then it is tested by RSI indicators. If the test results are consistent, it shows that the investment signal is effective. So, why should it be combined with MACD indicators? The purpose is to further seek the support of mid-line indicators, avoid false signals of short-term indicators, and increase more insurance for intervention. If a currency pair sends out buying signals at the same time within a certain period of time, you can boldly intervene when the exchange rate returns. Its short-term success rate is extremely high, and the probability of trapping is extremely low (almost zero, unless you intervene at a relatively high point). Profit is only an order of magnitude problem.
What is a point in foreign exchange trading?
★ What are the basic knowledge of foreign exchange trading?