History of forex

bretton woods agreements

conference at the end of the Second World War

objective restore the economic order

agreement making the dollar the world currency basis (instead of gold)

fixing the dollar at a fixed value of $ 35 per ounce of gold "gold stallion"

over other currencies fixed to the dollar


agreements Smithsonian

President Nixon in 1971

abandonment of the fixed exchange rate regime and "Male gold"

Birth of a floating exchange rate and therefore the forex

forex: forex exchange


the currency pair: value of one currency into another currency ex eurusd = 1.4350 means that the euro is worth 1.4350 dollars
sales discovered: setting down of an asset sale commitment to purchase and 1.40 to 1.30 for delivery gain: 1.40 - 1.30 = 0.1
the pips: unit change currency eg 1.43 to 1.4350 gain 50 pips
lots: standard quantity 1000 10000 100000

batch size value of a pip
1000 0.1 usd
10000 1 usd
100 000 10 usd

Leverage: difference between the two extreme multiplier of capital

margin
margin available capital available to perform operations
margin used capital used for ongoing operations
if current position is 100 dollar loser, headroom is reduced by 100 dollar
the margin reaches 0: automatic closing of positions

equipment
PC triple screen + commexion Broadband