Pending order strategy

Stop loss orders, traders exit point for a losing trade, allow to set. If you are short a currency pair, the stop loss order should be placed above the current market price. You are long the currency pair, the stop loss order should be placed below the current market price. Listen

mere khyal se pending order us wqt bht kaam ata hai jb ap ka account pans chuka hota hai or ap koi risk nahi ly skte or ap ko kisi kam se jana ho to ap pending order set kr k chaly jayen

mery bhai men anhi forex trading business men new enter hua hoon men abhi just forum pr posting kr ra hn men ny real account pr abhi trading suru nahi ki men abhi demo account pr practice kar ra hn is liy men abhi pending order pr zayada concentrate nahi krta mujhy pending order pr trade krna acha nahi lgta

bhai pan kafi axha post kra hn hum new trader ko in sub chezo ki bht zarort hn humi chae hn hum jub b yaha kam karen tw is bt ko thk ce yad raek take humi kam karna me or asani ho in sub post ce humi kafi faida hota hn thnx bro for shearing

all article length. Please help by moving some material from it into the body of the article. For more information please read the layout guide and Wikipedia's lead section guidelines. (January 2014)
Foreign exchange
Exchange rates
Currency band Exchange rate Exchange-rate regime Exchange-rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime
Markets
Foreign exchange market Futures exchange Retail foreign exchange

t to the ideal of perfect competition, notwithstanding currency intervention by central banks.

According to the Bank for International Settlements,[3] the preliminary global results from the 2013 Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets Activity show that trading in foreign exchange markets averaged $5.3 trillion per day in April 2013. This is up from $4.0 trillion in April 2010 and $3.3 trillion in April 2007. Foreign exchange swaps were the most actively traded instruments in April 2013, at $2.2 trillion per day, followed by spot trading at $2.0 trillion.

According to the Bank for International Settlements,[4] as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007. Some firms specializing on foreign exchange market had put the average daily turnover in excess of US$4 trillion.[5]

y except weekends, i.e., trading from 22:00 GMT on Sunday (Sydney) until 22:00 GMT Friday (New York);
the variety of factors that affect exchange rates;
the low margins of relative profit compared with other markets of fixed income; and
the use of leverage to enhance profit and loss margins and with respect to account size.
As such, it has been referred to as the market closes
The $3.98 trillion break-down is as follows:

$1.490 trillion in spot transactions

Currency Currency future Currency forward Non-deliverable forward Foreign exchange swap Currency swap Foreign-exchange option
Historical agreements
Bretton Woods Conference Smithsonian Agreement Plaza Accord Louvre Accord
See also
Bureau de change Hard currency
v t e
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.[1]

$43 billion currency swaps
1.4.2 Markets close
1.4.3 After 1973
2 Market size and liquidity
3 Market participants
3.1 Commercial companies
3.2 Central banks
3.3 Foreign exchange fixing
3.4 Hedge funds as speculators
3.5 Investment management firms
3.6 Retail foreign exchange traders
3.7 Non-bank foreign exchange companies

The foreign exchange market is unique because of the following characteristics:

its huge trading volume representing the largest asset class in the world leading to high liquidity;
its geographical dispersion;
its continuous operation: 24 hours a da

3.8 Money transfer/remittance companies and bureaux de change
4 Trading characteristics
5 Determinants of exchange rates
5.1 Economic factors
5.2 Political conditions
5.3 Market psychology
6 Financial instruments
6.1 Spot
6.2 Forward
6.3 Swap
6.4 Future
6.5 Option
7 Speculation

n ancient times.[6] Money-changing people, people helping others to change money and also taking a commission or charging a fee were living in the times of the Talmudic writings (Biblical times). These people (sometimes called "kollybist?s") used city-stalls, at feast times the temples Court of the Gentiles instead.[7] Money-changers were also in more recent ancient times silver-smiths and/or gold-smiths.[8]

During the fourth century, the Byzantium government kept a monopoly on the exchange of currency.[9]

Currency and exchange was also a vital and crucial element

$1.765 trillion in foreign exchange swaps
8 Risk aversion
9 Carry trade
10 Forex signals
11 See also
12 References
13 External links
History[edit]

a party purchases some quantity of one currency by paying for some quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

$475 billion in outright forwards
Ancient[edit]
Currency trading and exchange first occurred iof trade during the ancient world so that people could buy and sell items like food, pottery and raw materials.[10] If a Greek coin held more gold than an Egyptian coin due to its size or content, then a merchant could barter fewer Greek gold coins for more Egyptian ones, or for more material goods. This is why the vast majority of world currencies are derivatives of a universally recognized standard like silver and gold.

Medieval and later[edit]
During the fifteenth century the Medici family were required to open banks at foreign locations in order to exchange currencies to act on behalf of textile merchants.[11][12] To facilitate trade the bank created the nostro (from Italian translated – "ours") account book which contained two columned entries showing amounts of foreign and local currencies, information pertaining to the keeping of an account with a foreign bank.[13][14][15][16] During the 17th (or 18th ) century Amsterdam maintained an active forex market.[17] During 1704 foreign exchange took place between agents acting in the interests of the nations of England and Holland.[18]

Early modern[edit]

ate, banking trade and controlled foreign exchange ended and complete floating, relatively free conditions of a market characteristic of the situation in contemporary times began (according to one source),[50] although another states the first time a currency pair were given as an option for U.S.A. traders to purchase was during 1982, with additional currencies available by the next year.[51][52]

On 1 January 1981 (as part of changes beginning during 1978 [53]) the Bank of China allowed certain domestic "enterprises" to participate in foreign exchange trading.[54] Sometime during the months of 1981 the South Korean government ended forex controls and allowed free trade to occur for the first time. During 1988 the countries government accepted the IMF quota for international trade.[55]

Intervention by European banks especially the Bundesbank influenced the forex market, on February the 27th 1985 particularly.[56] The greatest proportion of all trades world-wide during 1987 were within the United Kingdom, slightly over one quarter, with the U.S. of America the nation with the second most places involved in trading.[57]