Forex made easy is as simple as you would want it to be. The foreign exchange market is a worldwide market and according to some estimates is almost as big as thirty times the turnover of the US Equity markets. That is some figure to chew on. Forex is the commonly used term for foreign exchange. As a person who wants to invest in the forex robot market, one should understand the basics of how this currency market operates. Forex can be made easier for euro247 beginners to understand it and here's how.
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Foreign exchange is the buying and the selling of foreign exchange in pairs of currencies. For example you buy US dollars and sell UK Sterling pounds or you sell German Marks and buy Japanese Yen. Why are currencies bought or sold? The answer is simple; Governments and Companies need foreign exchange for their purchase and payments for various commodities and services. This trade constitutes about 5% of all currency transactions, however the other 95% currency transactions are done for speculation and trade. In fact many companies will buy foreign currency when it is being traded at a lower rate to protect their financial investments. Another thing about foreign exchange market is that the rates are varying continuously and on daily basis. Therefore investors and financial managers track the forex rates and the forex robot market it on a daily basis.
Those who are involved in the forex trade know that almost 85% of the trading is done in only US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. This is because they are the most liquid of foreign currencies (can be easily bought and sold. In fact the US Dollar is most recognizable foreign currency even in countries like Afghanistan, Iraq, Vietnam etc).
Being a truly 24/7 market, the currency trading markets opens in the financial centers of Sydney, Tokyo, London and New York in that sequence. Investors and speculators alike respond to the ever-changing situations and can buy and sell simultaneously the currencies. In fact many operate in two or more currency market using arbitrage to gain profits (buying in one market and selling in another market or vice versa to take advantage of the prices and book profits).
While dealing in forex, one should have a margin account. Quite simply put if you have US$ 1,000 and have a forex margin account which leverages 100:1 then you can buy US$ 100,000 since you only need 1% of the US$100,000 or US$1,000. Therefore it means that with margin account you have US$ 100,000 worth of real purchasing power in your hand.
Since the foreign currency market is fluctuating on a continuous basis, one should be able to understand the factors that affect this currency market. This is done through Technical Analysis and Fundamental Analysis. These two tools of trade are used in a variety of other markets such as equity markets, stock markets, mutual funds markets etc. Technical Analysis refers to reading, summarizing and analyzing data based on the data that is generated by the market. While fundamental Analysis refers to the factors, which influence the market economy, and in turn how it would affect the currency trading. Of course there are other economic and non economic factors which can suddenly affect the trading of the forex markets such as the 9/11 tragedy etc. One needs to have a shrewd acumen and a few number crunching abilities to strike gold in the forex robot market.
Microwave ovens are used to cook and heat food. The radiation of microwaves heats the polarized molecules that are contained inside the food therefore cooking them. You can find cheap microwave with the best features at basically any local retail or online retail store. If you are looking for a cheap microwave, then all you have to do is to keep your eyes open and look for the best deal possible. This type of appliance has many types including countertop microwaves and convection microwaves. Below are some of the affordable and best microwaves in the market today.
Compact Microwave Oven (Model: R-230KK) - This black microwave oven is manufactured by Sharp. It originally costs 99.99 US dollars but you can now avail it for only 86.99 US dollars. That is about 13 percent or 13 US dollars worth of discount and savings. It is an 800-watt microwave oven that is compact-sized and has a 4/5 cu. feet capacity. It defrosts poultry and meat by weight. In addition, this cheap microwave has 15 automatic settings, 6 reheat settings and 4 cooking options to ensure better results. Among thousands of cheap microwave, this is the ideal one for your home. There are also shortcut settings that will make softening, warming and melting very easy. It even has a popcorn setting to make sure that cooking is hassle-free. It also has automatic touch controls. Its dimensions are 12 inches by 20 inches by 15 inches and weighs about 25 pounds.
Full-Sized Microwave Oven (Model: NN-H765BF) - This item is manufactured by Panasonic. It is black and color and normally costs 179.99 US dollars but you can now purchase it for only 134.10 US dollars. That is about 25 percent off or 45.89 US dollars worth of savings. It has a 1 year warranty and measures approximately 19 inches by 21 inches by 11 inches. It is complete with a timer, delay start option and popcorn key. Cheap microwave like this are ideal in any home. It weighs 33.5 pounds.
Compact Size Stainless Steel Microwave Oven (Model: R-216LS) - This product is brought to us by Sharp. It originally costs 99.99 US dollars but you can now avail it as a limited time offer for 84.99 US dollars. That is about 15 percent off or 15 US dollars worth of savings. It is complete with 4 cooking options to ensure that the foods are cooked to perfection. It also has automatic popcorn key that have great results with all types of microwave-ready popcorn. In addition, the product has 4 defrost options. It only weighs 24.7 pounds.