Marketiva Forex rates based on the average interbank trading activity to date.
Each instrument has a bid price (your selling price), the offer price (the price of your purchase), last price (average between bid and offer), change is the daily price changes of the price open, high and low is the highest and lowest price of the new updated.
You can trade on all types of currency that you want, but I recommend to use the virtual money in advance to learn the trade. You can trade from Sunday 17:00 to Friday 17:00 New York local time. Virtual trading is open at all times.
Click here to check NewYork local time
The following approximate market schedule is based on New York local time: Japan markets open at 19:00 followed by Singapore and Hong Kong that open at 21:00. European markets open in Frankfurt at 2:00, while London opens an hour later. New York markets open at 8:00 (NYSE opens at 9:00). European markets close at 12:00 and Australian markets start again at 18:00.
After you are sure you can deal with properly and profitably, then you can trade anytime using your real money.
to start trading, open your streamster and learned movements in currency values that you want traded at least 10 minutes.
Use a minimum of 10% of the total amount of cash, say you only want to use your free 5 dollars to trade, then the maximum amount that you can use is 0.5 dollars or the maximum number of quantity is 50 , then your money will be safe and profitable for you.
There are two ways to trade in Forex, which is to BUY and SELL,
If you open BUY position, meaning you open a position with the OFFER price column , and if you want to close the position should pay attention to the price at BID column. Meanwhile, if you open a Sell position, meaning you open a position on the BID price in the column and close attention to price in the OFFER column position .
for example you see the value of EUR / USD currencies now is 1.4250 and you see that current prices are already low and will move up to 1.4310, then you can open a "BUY" position for EUR / USD at 1.4250 position, after the currency's value rises to 1.4310 you can close the transaction and gain 60 points / pips
otherwise sell is that you lock in current prices to sell and buy at lower prices than current prices.
or example you see the value of currencies EUR / USD is now 1.4310 and you see that current prices already high and will move down to 1.4250, then you can open the position of "SELL" EUR / USD at 1.4310 position, after the currency was down according to 1.4250 you can close the transaction and gain 60 points / pips.
To trade, you can click on the currency you want and select the position to sell or buy.
After the transaction is successful, there will be appear in the column on the lower right position of your streamster.
To close the transaction, you can click on the note and choose close.
