Forex is short for foreign exchange. When one speaks of a forex profit or loss, he/she is referring to the increased or decreased value of an investment caused solely by currency fluctuations. The Forex market consists of numerous currency pairs. The first currency symbol in a forex quotation represents base currency while the second symbol stands for counter currency. If you predict that base currency will rise in value against counter currency, you should BUY that currency pair. If you forecast that the opposite will happen, you need to SELL that pair. For example, in EUR/USD pair, EUR is the base currency and USD is the counter currency. A forex investor who thinks Euro will rise against US Dollar should buy EUR/USD pair. On the other hand, an investor who thinks that Euro will fall against US Dollar should sell (or Short) EUR/USD pair. At ForexsignalsTurkey, we make the Forex market easier for you to trade by providing services such as technical analysis tools, buy&sell signals, and possibility of executing orders from your home.
By obtaining comprehensive education and building certain trading skills, you can generate substantial amounts of revenues in Forex. Making higher profits in the Forex market involves taking greater risks and we make sure to get our clients ready for that step. Through the use of our exceptional services, our clients can decipher the market faster than others. You can find very useful materials and resources on our website which you can apply in your trading strategies. Additionally, just like in any financial market, it is important to note that there are risks of incurring high amounts of losses in Forex. Our knowledgeble team is ready to answer any questions you may have regarding Forex trading. We are available 24 hours a day, 7 days a week via online chat to support you further.