7:43 PM
AGHA
Hello guys, let's continue our forex lesson. If you've been able to read the table and understand what "bid" and "offer" means, I'll give you some tips how to trade with pleasure. But, first of all, I'd like to introduce you the AGEA streamster's features first.
I've explained you how to read "forex tab" in previous post; bid, offer, change, high, and low. I hope you still remember them all. Now, just take a look at "funds", indexes", and "commodities" tab. They are the assets AGEA offers you. Funds are almost the same as Bonds. They are needed to enrich the asset of a company. But, in AGEA, I don't know anything about funds, I never give attention to it after all.
Index represents the most liquid securities. It means, index contains the selected securities which have stable price and high transaction volume in a stock exchange. Index describes a statistical measure of change in securities market. For example, Dow Jones Industrial Average is the oldest stock market index in USA that still runs. It currently consists of top 30 strongest companies in USA. The strength is measured by the transaction volume of their stock in a stock market. Now, look at this picture below:
I assume XUS 30 means the index shows us the 30 major companies in US while XUK 100 means it is the index of top 100 greatest companies in UK. I hope my explanation is correct.
Next, commodities. AGEA provides us two commodities only, they are Gold and Silver. Everybody knows gold is a safe haven for the future. People usually make an investment in gold for the stability of its price. Well, there is one thing you need to know. Except forex trading, you need a special "desk" to trade them. Besides, you need to add more deposits because they are a little bit expensive.
Last, there is "alert" tab on the left of the screenshot. "Alert" gives you some notification if there will be an important news issued or something like a meeting about economy report. Alert's report is affecting significantly on currency rate change. So, just pay attention and make a good trading strategy. By the way, you have to keep getting in touch with some websites providing such report.
That's all for today's post. I hope you can understand what I've told you about forex and the AGEA's feature. I'll make the next post contains some forex trading tips. Have a nice day!
Index represents the most liquid securities. It means, index contains the selected securities which have stable price and high transaction volume in a stock exchange. Index describes a statistical measure of change in securities market. For example, Dow Jones Industrial Average is the oldest stock market index in USA that still runs. It currently consists of top 30 strongest companies in USA. The strength is measured by the transaction volume of their stock in a stock market. Now, look at this picture below:
I assume XUS 30 means the index shows us the 30 major companies in US while XUK 100 means it is the index of top 100 greatest companies in UK. I hope my explanation is correct.
Next, commodities. AGEA provides us two commodities only, they are Gold and Silver. Everybody knows gold is a safe haven for the future. People usually make an investment in gold for the stability of its price. Well, there is one thing you need to know. Except forex trading, you need a special "desk" to trade them. Besides, you need to add more deposits because they are a little bit expensive.
Last, there is "alert" tab on the left of the screenshot. "Alert" gives you some notification if there will be an important news issued or something like a meeting about economy report. Alert's report is affecting significantly on currency rate change. So, just pay attention and make a good trading strategy. By the way, you have to keep getting in touch with some websites providing such report.
That's all for today's post. I hope you can understand what I've told you about forex and the AGEA's feature. I'll make the next post contains some forex trading tips. Have a nice day!
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Thanks for your great information, the contents are quiet interesting.I will be waiting for your next post.
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