User:Mashatorris

Forex
I love Forex, and I live a life through trading Forex. Forex, short for Foreign Exchange, a newly developed Financial Market. and of course, do does Forex traders.

Forex Market
The foreign exchange market (forex, FX, or currency market) is a global, worldwide-decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.

Forex analysis
Forex traders analyze the market by two differnt ways However, neither can claim to be the best forex analysis method. A forex trader who excels at fundamental information can be successful, though hard. A trader who uses both technical and fundamental trading has a better success rate. While, a trader who uses techinical analysis alone can do good as well.
 * fundamental analysis
 * technical analysis

Forex Products
The major Forex products traded in the Forex market includes the following:

NDF
NDF is short for non-deliverable forward, a forward contract that does not deliver the underlying asset. Forex NDF is widely used in emerging countries, where normal trading on forward currency contract is banned. To the financial regulator in emerging countries, Forex NDF bears less risk than normal forward contracts. Therefore, Forex NDF is a popular instrument for corporations who are seeking to hedge their risk while operating in Foreign countries. A large group of speculators also trade on this currency to gain exposure to the currencies that are not listed in the Foreign exchange. Forex NDFs are traded off-the-counter, having such features: Notional amount: is the face value agreed between the two counter parties. fixing date compares Forex NDF rate and the prevailing spot rate. The rate is provided by the central bank. delivery date determines the time when the difference between the Forex NDF rate and the spot rate should be settled.