How to Make Money Trading Forex

Hello friend How are you.In the last topic we learn about the advantage of forex.Now we learn all about how to trading...In the forex market, you buy or sell currencies.
 Placing a trade in the foreign exchange market is simple: the mechanics of a trade are very similar to those found in other markets (like the stock market), so if you have any experience in trading, you should be able to pick it up pretty quickly. The object of forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold.

 Example:

Trader’s Action	EUR	USD
You purchase 10,000 euro's at the EUR/USD exchange rate of1.1800	+10,000	-11,800
Two weeks later, you exchange your 10,000 euro's back into U.S. dollar at the exchange rate of 1.2500	-10,000	+12,500
You earn a profit of $700	0	+700

:-EUR 10,000 x 1.18 = US $11,800
:- EUR 10,000 x 1.25 = US $12,500

An exchange rate is simply the ratio of one currency valued against another currency. For example, the USD/CHF exchange rate indicates how many U.S. dollars can purchase one Swiss franc, or how many Swiss francs you need to buy one U.S. dollar.