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Trade
Trade on Forex with gold. Features of gold trading
Gold financial markets are one of the most volatile instruments. This metal is used in all countries and is an attractive asset for investors who work with different sizes of capital.
Gold trading available on the Forex market, where an asset is often referred to as GOLD or XAU. For example, you can trade with gold in Forex with Alpari where an instrument called XAU/USD, that is, a pair of gold/U.S. dollar.
For trading gold in the Forex market, it is sufficient to register the account in the broker company, download and install the free MetaTrader4 trading terminal. Then go to your account, among the assets we find XAU/USD:
Open the chart of gold and you can start trading in Forex, of course, if you funded your Deposit for transactions.
Mathematically, the amount of profit depends on two factors:
• the lot size that determines the price of one item;
• the number of points passed by the price.
Things like swap or spread, now do not. That would be easier to understand what was going on, give an example.
Let the trader has made a trade of 1 lot (100,000 currency units) to buy a pair of XAU/USD. The market price increased by 30 items per day then the trader has closed the deal. The result of this trading operation is equal (30 points)*($10) = $300. 30 points was the price and $10 is the cost of one item when you trade one lot. If the position is open lot is 0.1, then each point would be valued at $1.
How to trade gold in the Forex market
In gold love to invest their money investors when the global economy is not encouraging. For example, since late 2008, gold has exhibited a strong growth until the summer of 2011. In August 2011, over the U.S. economy is seriously threatened and huge amounts of capital were withdrawn from the safe-haven currency (the dollar). The lion's share of funds came in gold:
When investors do not see good prospects, for example, in the stock markets or the property market, they "are" us dollars and gold.
Monitoring the economic situation in the world allows you to predict the movement of prices on gold. One can argue endlessly that it is more effective on Forex apply technical analysis (TA) or fundamental (F), but to work in the financial market of gold and not to consider the F-factors is simply impossible.
Changes in the gold price should be viewed as a market response to new factors affecting the investment attractiveness of the economy. When the economy of a certain country or group of countries begins to rise, this positive trend raising capital, unless the situation deteriorates, investors reallocate their money in a secure, albeit less profitable instruments, including gold.
How can you quickly earn gold
Trade precious metal on Forex is just one of the options how can you earn gold. There is an option even more profitable and, if not strange, fast. Here we will focus on binary options trading for gold. These are electronic contracts, as trades on the Forex market, only have pre-defined points of execution.
In this case the profit is calculated much easier than in a situation with Forex. The market price of gold at the end of a binary option can be higher or lower than the value with which you bought the option. The task of the trader is to determine will increase or decrease the market price of gold since binary option is purchased until the time it is executed.
The execution time of the binary option trader is free to choose independently from a variety of options, but the most popular are the periods from 1 minute to 1 hour. The profit on the transaction of gold is a fixed percentage of the amount of the transaction and depends on a brokerage company (80% for surgery).
For example, one of the market leaders in binary options uTrader company (minimum $200) for profitable trade are paid 80% of the transaction value. For example, I bought binary option on gold for $50, by the direction of depreciation (only two of them - price increase and decrease) with the time of execution 15 minutes:
As soon as the set time passes, the current market price is compared to the price at which we bought the option. If the Current price will be lower, we returned the value of the option ($50) and 80% of the profits ($40). Conveniently, it is possible for a few minutes to earn 80% of the value of binary options, but trading with gold in Forex it would not have happened.
As you can see, there are good ways to make money from exchange rate fluctuations on Forex that the binary options market. To predict the change in market price for precious metal you can use the economic calendar. So traders look for the key events in the global economy, from which directly depends on the rate of gold.
Another option is to buy when gold is going up and sell when cheaper, so to speak, to work the trend. Despite its simplicity, this method is quite effective, as you can see on the chart, to understand where the market is heading and to begin to trade in the same direction.
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| Category: Forex | Added by: (06.11.2017)
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| Views: 424
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