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forex
Why trade forex?
Why trade forex? Forex offers many benefits to retail traders.
You can trade around the clock in different sessions across the globe, as the forex market is not traded through a central exchange like a stock market. This means you can jump on volatility, wherever it happens. High liquidity also enables you to execute your orders quickly and effortlessly.
Trading forex using leverage allows you to open a position by putting up only a portion of the full trade value. You can also go long (buy) or short (sell) depending on whether you think a forex pair’s value will rise or fall.
Forex trading offers constant opportunities across a wide range of FX pairs. FxFibonacci Pro comprehensive range of educational resources are a perfect way to get started and improve your trading knowledge.
Currency Pairs
Understanding Currency Pairs
All transactions made on the forex market involve the simultaneous buying and selling of two currencies.
This ‘currency pair’ is made up of a base currency and a quote currency, whereby you sell one to purchase another. The price for a pair is how much of the quote currency it costs to buy one unit of the base currency. You can make a profit by correctly forecasting the price move of a currency pair.
FxFibonacci Pro offers hundreds of combinations of currency pairs to trade including the majors which are the most popular traded pairs in the forex market. These include the Euro against the US Dollar, the US Dollar against the Japanese Yen and the British Pound against the US Dollar.
The diagram on the left looks at the most traded currency pair (EUR/USD) in the forex market and breaks down its essential components
For most currency pairs, a pip is the fourth decimal place, the main exception being the Japanese Yen where a pip is the second decimal place.
On the forex market, trades in currencies are often worth millions, so small bid-ask price differences (i.e. several pips) can soon add up to a significant profit. Of course, such large trading volumes mean a small spread can also equate to significant losses.
Trading forex is risky, so always trade carefully and implement risk management tools and techniques.
Trading
Difference between long and short positions
All transactions made on the forex market involve the simultaneous buying and selling of two currencies.
A long position means a trader has bought a currency expecting its value to rise. Once the trader sells that currency back to the market (ideally for a higher price than he or she paid for it), their long position is said to be ‘closed’ and the trade is complete.
If you wanted to open a long position on the Euro, you would purchase 1 Euro for USD 1.1918. You will then hold your position in the hope that it will appreciate, selling it back to the market at a profit once the price has increased.
A short position refers to a trader who sells a currency expecting its value to fall and plans to buy it back at a lower price. A short position is ‘closed’ once the trader buys back the asset (ideally for less than he or she sold it for).
In this case, if you think the Euro will weaken against the Dollar, you will sell 1 Euro for USD 1.1916 and hold a short position. You expect the Euro to depreciate and plan to buy it back at a lower rate.
We Trade
Crypto Trading
With more than 7000 cryptocurrencies already invented, choosing the best
cryptocurrencies to Trade on is not an easy task.
More...
We at FxFibonacci Pro study, observe, analyze, and Trade the most popular cryptocurrencies for years extensively and settled on the four most stable and profitable cryptocurrencies that are making headlines around the globe.
We Trade
Bitcoin, using SHA-512 algorithm
Ethereum, using ETHASH algorithm
Litecoin, using Scrypt algorithm
DASH, using X11 algorithm
With US
With US
You get to experience a powerful and organised platform
which allows you to access your full potential of earning stable
passive income.
By leveraging FxFibonacci Pro Crypto Trading, businesses or individuals can easily participate in crypto currency trading. So, you don't need to be always online or have the trading technical know how to make profits with us. You can go to sleep while we trade the cryptocurriences and deposit the daily profits into your wallets.
- Stable income for every investor
- Affiliate Reward Program
- Instant withdrawals
- Professional support
Testimonies
HEAR FROM OUR CLIENTS
Hi everyone, i was introduced by Jordan Gilbert on twitter and she's really a professional at what she does, this is the best forex platform i have ever used. Registered, subscribed to her trading robot which was effective and withdrawn my profits. I am definitely taking advantage of their referral program.
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Hola, It's a privilege to be introduced to FxFibonacci Pro. Thought it was all BS until I saw my withdrawal in my bitcoinwallet, working with Collins Diaz was the best option for my low capital which was $1000, I had issues with withdrawal but it took 48hrs to fix. Gran servicio FxFibonacci Pro te recomendaré
Jessica Francisco , Online Coach, Dominican Republic
Everything is straightforward and dealing with everyone at FxFibonacci Pro gives me confidence that I made the right choice compared with my previous broker, which was slow at costumer services and withdrawal processes.
Benoit Hugo , Environmental Chemist , France
Thank you Henry for your wise counsel during the course of our trading session. I'm amazed I got my profits and referral bonus after referring some clients and thanks to FxFibonacci costumer care service for their support.
Stefan Leon, Plumber , German
