Speculation in foreign currency
in fact, no matter what currency you have on hand, foreign exchange has no effect. When we invest in RMB, we can deposit in the bank for margin margin trading
in terms of currency appreciation, it is also the best policy for the landlord to exchange it into pounds. It's also reasonable to say that the euro is overvalued, because the current economic data of the euro zone is biased, and the future trend is not as clear as that of the pound, but the pound and the euro are interactive. Our foreign exchange analysts compare with us that the euro is like the wife of the pound. Influenced by most of the data, it will fluctuate with the GBP, but not so strongly
I suggest that after the G20 summit, when the amplitude of the euro is on the high side, it is a good choice for you to convert it into pounds when you consider the value of the currency after the year< Thank you for your consideration. The so-called "speculation in foreign exchange" can be divided into three situations:
1. Legal investment activities: Chinese residents open foreign exchange investment accounts in domestic commercial banks (China, agriculture, instry, construction, and other commercial banks), and make a firm offer with part of your own foreign exchange (cash) (the amount of foreign exchange in your hands is equivalent to your foreign exchange, not margin trading, Or "Zhanzai" or "deposit" in the jargon. This is allowed by the state
2. Legal investment activities: if you are a Chinese resident and have ever opened a foreign exchange deposit or investment account in a foreign bank or investment institution, you can use the foreign exchange to trade foreign exchange. The way of transaction or communication can be telephone or Internet. You can directly issue the order of trading with your overseas fund deposit or management institution. This is not regulated by national laws. It is not illegal
3. It is illegal for Chinese residents to use RMB or foreign exchange banknotes in China to trade foreign exchange through some foreign exchange entrusted trading institutions that are not legally registered in the mainland of China. Both the entrusting institution and the investor violate the Chinese law. 1. Know yourself (the stability of mind is the best weapon to analyze the market)
the foreign exchange market is also a high-risk market. Before entering the market, please fully understand yourself. "Don't be greedy, don't be impatient, and don't follow blindly" are the three commandments to enter the market. The important thing is to be patient< When the amount of foreign exchange in people's hands graally increases, based on the traditional concept of saving and financing, they are either prepared to have the opportunity to go abroad in the future or reserve for their children; Overseas Ecation Fund: most people basically use their foreign exchange for foreign currency savings. Before entering the market, we should first make clear the purpose of our funds, so that we can advance and retreat freely
3. How much can I lose (to be clear about my ability to bear)
there are risks in the foreign exchange market. Investors should fully consider their own economic and psychological ability, and decide the investment plan according to their own economic conditions, which is a problem that investors must consider before entering the market. Before entering the market, first set a loss amount of funds. Once the loss amount arrives, resolutely withdraw the whole line. After a period of summary and adjustment, do not take chances when you re-enter the market
4. How much do I want to earn (I need to have a clear target) it's wise to win in the foreign exchange market and be content. Before entering the market, we should set the profit target of our own market operation. We should not be greedy. After all, the average annual profit rate of famous investor bafett is only about 30%
5. Am I busy The market needs to follow up, according to their own situation to choose the way of speculation)
the foreign exchange market is changing rapidly, and every change may cause the fluctuation of exchange rate, so investors should follow up in time to grasp the opportunity of investment and trading; Moreover, e to the different degree of market follow-up, it will inevitably lead to different trading schemes and ways of speculation. Before entering the market, it is equally important to understand and choose a trading scheme that is in line with your own actual situation and has operability. 6. What's my choice Private firm foreign exchange is a more realistic choice, provided that you have a foreign exchange deposit)
A. private firm foreign exchange trading: also known as "foreign exchange treasure". Investors who hold foreign exchange cash, cash account or cash account can trade their foreign exchange in spot according to the market exchange rate, so as to optimize the currency structure of foreign exchange savings To achieve the purpose of maintaining and increasing the value. Energetic investors may as well pay attention to the international foreign exchange market and exchange rate trend, and realize the appreciation of foreign exchange deposits by making "foreign exchange treasure". The currency choice of indivial foreign exchange savings deposit should take into account both interest rate and exchange rate. On the one hand, we should choose high interest rate currency to obtain more interest income; On the other hand, we should choose the hard currency, that is, the currency in which the exchange rate is expected to rise. When we can't take both sides into consideration, investors should make a flexible choice. We recommend us dollar and Hong Kong dollar as foreign currency deposits. In recent two years, although the interest rate of the above-mentioned currencies has been fluctuating frequently, its interest rate has always been higher than that of RMB savings deposits in the same period, and its exchange rate trend is more reassuring than that of euro and yen
B. foreign exchange trading business under Trade: it is very helpful for import and export enterprises and must have trade background
No exposure of wealth
foreign exchange is a kind of creditor's right that can be used in the event of balance of payments deficit, which is held by the monetary Administration (central bank, monetary authority, foreign exchange stabilization fund and the Ministry of Finance) in the form of Bank deposits, treasury bonds of the Ministry of finance, long-term and short-term government securities, etc
refers to the flow of money among countries and the conversion of one country's currency into another country's currency, so as to pay off the international creditor's rights and debts. In fact, it is the creditor's rights that the monetary administration can use in the event of balance of payments deficit in the form of bank deposits, treasury bonds of the Ministry of finance, long-term and short-term government bonds, etc
extended information:
foreign exchange trading platform refers to some independent dealers with certain strength and reputation in the foreign exchange market, who constantly quote the buying and selling price of currency to investors
24-hour trading except for legal holidays, and accept the trading requirements of investors at this price. The platform can hold its own funds to trade with investors. When the market transaction is sparse, the buyer and the seller do not need to wait for the counter party to appear, as long as there is a platform to undertake the transaction; Counterparties & quot; That's the deal. In this way, there will be an uninterrupted trading to maintain the liquidity of the market
the more formal foreign exchange trading platforms in the market, such as gkfxgatc, are regulated by authoritative institutions and can ensure the safety of users' funds
first, choose the foreign exchange currency you are familiar with.
the collocation of foreign exchange currencies is fixed, and each currency has its own operating characteristics. In the limited energy, it is impossible for investors to understand all foreign exchange currencies. If you want to do a good job in foreign exchange trading, you must first understand the foreign exchange currency you are investing in, such as its seasonal variation, the probability of breaking through the direction when a certain form appears, the size of daily fluctuation, the active time period, and so on. Otherwise, if you don't understand it, you can only pray for good luck
therefore, we will say that the first principle in choosing foreign exchange currencies is the familiarity of investors with such currencies. In investment transactions, we should try our best to choose the currency that we are familiar with or that we often trade for profits. The advantage of this choice is that we can enhance our confidence and further improve our familiarity with the operating characteristics of the currency. Foreign exchange speculation is more important for us than for us. As long as it can bring us profits, it is a good trade< Second, we should pay attention to the strong and weak characteristics of currency itself.
among many foreign exchange trading currencies, there are obvious strong and weak differences between currencies, which we should pay great attention to when we choose foreign exchange trading currencies. Generally speaking, when buying non-U.S. currencies, we should choose currencies with relatively strong trend. When shorting non-U.S. currencies, we should choose currencies with relatively weak trend. This operation can greatly rece the risk< Third, it is more normative
compared with other investment and trading markets, the trend of the foreign exchange market is more standardized. Because of the huge daily trading volume of the foreign exchange market, no one or institution can manipulate such a large market. Within the foreign exchange trading market, there are great differences in transaction activity among different currencies. The larger the transaction volume is, the more standardized the trend is, which is more in line with the principle of technical analysis
among the six major non US currencies in the foreign exchange market, the currency with the largest trading volume is euro / US dollar, followed by US dollar / Japanese yen. The currency with the largest trading volume in the whole foreign exchange market is obviously US dollar, and the transactions involving US dollar account for more than 80% of the trading volume in the whole foreign exchange market< Fourth, currency activity
in the foreign exchange market, the more active the trend is, the more opportunities there are. Generally speaking, the relatively more active currencies in the direct market are pound sterling, yen and Canadian dollar, while the obviously active currency pairs in the cross market are euro / yen, pound sterling / yen, etc. In the direct currency, pound sterling has a very high degree of activity. It can launch the market independently on a regular basis, and the average daily fluctuation can generally reach more than 100 points, which provides more opportunities for short-term investment profits.
there are two kinds of trading currencies in the foreign exchange market: direct trading and cross trading. Direct offer refers to the currency pair containing US dollar, such as US dollar against Japanese yen, British pound against US dollar, etc; The cross refers to the currency pair without US dollar, such as pound against yen, euro against yen, etc. Different currency pairs have different trends and different operation methods. Next, we will combine practical experience to talk about the experience of operating various currencies. In the direct market, it can be divided into European currency and non European currency according to custom, and the trend of these two kinds of currencies is also different
in the transaction of non European currencies, many investors will choose USD / JPY, which is largely e to the easy access to various information about JPY. However, the author believes that when the dollar against the yen is below 120, the operation value is small, because the Japanese government frequently intervenes in the foreign exchange market. Because we don't know the scale of intervention, it's difficult to put stop loss orders. Therefore, if investors have other choices, they don't have to do yen. European currencies are represented by the US dollar against the Swiss franc, the euro against the US dollar and the pound against the US dollar. Because this kind of currency is relatively easy to operate, as long as you work hard, you will have more opportunities to make profits than other currencies
the US dollar against the Swiss franc is the most regular of all currencies. In other words, compared with other currencies, the existing technical analysis methods such as K-line theory and morphological theory are very effective in analyzing the trend of the Swiss franc. However, the dollar against the Swiss Franc point value is relatively small, relatively large volatility, stop loss to put a bit larger. Therefore, the author suggests that in the case of profitability and strong psychological enrance, we should consider participating in the US dollar / Swiss Franc trade
the trend of the euro is also more regular, with less intervention. It is easier to judge by using technical analysis methods. At the same time, it can also refer to the trend of the US dollar and the Swiss franc. If there are more references, the error rate will be smaller. Euro point value is larger, relative to the Swiss franc is less volatile, easy to set stop loss point
the trend of GBP / USD is similar to that of euro, but e to the small currency circulation and relatively large fluctuation, it is difficult to set stop loss. However, once the direction is judged correctly, the profit will be larger than that of other currencies. Investors should accumulate some experience before they start trading against the US dollar< br />
but it is suggested that the price difference between the pound and Japan should be large
it is suggested that novices must use the simulation disk training, and use the real disk when they achieve good results
an effective shortcut is to train with Dugu Jiujian trading software, only learn a few moves, wait patiently for the market opportunity, and then make moves when the conditions are met, so as to keep winning.