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What is the difference between the buying price and selling price of foreign exchange quotation and the basic quotation?
The buying price and selling price are from the bank's point of view. Therefore, when customers want to sell the former currency, they use the purchase price, that is, the currency sold by customers is multiplied by the purchase price to get the latter currency they need to buy; When the customer wants to sell the latter currency, the selling price is used, that is, the currency sold by the customer is divided by the selling price to get the former currency to be purchased. Therefore, in order to achieve the purpose that the transaction price is better than the current price, customers should entrust a price higher than the current price when selling the former currency and a price lower than the current price when selling the latter currency.

Cash refers to foreign currency cash deposited in the hands of individuals, and cash refers to foreign currency deposits deposited in bank accounts.

In China, the conversion of RMB into euros depends on the selling price (compared with banks, which sell foreign exchange).

Trading position

It is a market agreement that promises to buy and sell the initial position of foreign exchange contracts. Those who buy foreign exchange contracts are all bulls and are looking forward to it.

Ascending position; Selling foreign exchange contracts is an empty position and is in the expected position.

Short, short, short.

It is expected that the foreign exchange market price will fall in the future, that is, a certain amount of currency or futures will be sold at the current market price.

Right contract, after the price falls, make up the position, so as to obtain the difference between selling at a high price and buying at a low price.

Run, this way belongs to the trading mode of selling first and buying later. (Margin is applicable)

Long, buy, long.

Traders expect the foreign exchange market price to rise in the future and buy a certain amount of currency at the current price for a period of time.

After the exchange rate rises, hedge the contract positions held at higher prices to earn profits. This way belongs to buying first.

After-sales trading is just the opposite of short selling.

Liquidation, liquidation

By selling (buying) the same currency, the currency bought (sold) before settlement.

Security deposit (security deposit)

Guarantee the performance of the contract and the guarantee in case of transaction loss, which is equivalent to 2.5 ~ 5% of the transaction amount, and the customer performs the contract.

After the refund, if there is any loss, it will be deducted from the deposit accordingly.

Buy (from Cantonese)

Sell: sell (from Cantonese)

Fluctuation: the extent of currency fluctuation in a day.

Narrow range: fluctuation of 30 ~ 50 points

Interval: the fluctuation range of currency over a period of time.

Location: price coordinates

Up and down: price target. (Above the price is called resistance level, below the price is called support level)

Bottom: an important support level for the next gear.

Long-term: one month to more than half a year (more than 200 points)

Mid-term: one week to one month (100)

Short-term: one day to one week (30 ~ 50 o'clock)

Unilateral market: about 10 and a half days, the market only goes up but not down.

Bear market: a long-term unilateral downward trend

Bull market: long-term unilateral upward

Up and down: the currency fluctuates up and down in an interval.

Cowhide market: the market fluctuation range is narrow.

Trading is light: the trading volume is small and the fluctuation is not big.

Active trading: the trading volume is large and fluctuates greatly.

Consumption rising: rising slowly, falling fast.

Rise and fall: Breakthrough development of currency value due to news or other factors.

Sticking: the disk potential is unknown and the interval is narrow.

Consolidation: after a period of rising (falling), sort out the fluctuations in the interval.

Rebound: in the general trend of price fluctuation, there is a reversal in the middle.

Bottom: when the price falls to a certain place, the fluctuation is not big for a period of time, and the range is narrowed (such as a box-shaped whole).

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Broken position: break through the support level or resistance level (generally need to break through more than 20 ~ 30 points)

False break: suddenly break through the support level or resistance level, but immediately turn back.

Close: close

Up and down: testing the price.

Profit-taking: closing a position to make a profit

Panic selling: close your position when you hear some news, regardless of the price.

Stop loss: if the direction is wrong, close the position at a certain price immediately.

Short covering: Originally, it was the stock market, because news or data were sold.

Long covering: the market used to sell the market, but later it changed to sell the market. (Push into the market or close the position)

One-day transfer: originally to sell (sell) the market, in the afternoon to sell (sell) the market, exceeding the opening price.

Selling pressure: selling orders at a high point

Buy gasoline: pay at the reserve price

Stop-loss buying: After selling short positions in the foreign exchange market, the exchange rate rose instead of falling, forcing short covering.

Buy back.

Buying price and selling price

Quotation is divided into buying price and selling price, both of which are from the bank's point of view, aiming at the previous currency in the quotation.

Yes, it is the price of the previous currency that the bank bought and the price of the previous currency that it sold.

For example, at 4:00 on April 18, 2003, a bank quoted USD/JPY as:

Basic buying price 1 19.56, basic selling price 1 19.86.

That is, banks buy dollars at the price of 1 19.56 yen and sell dollars at the price of 1 19.86 yen. If the customer

If you want to convert 1000 USD into equivalent Japanese yen, it is selling USD for customers, but please note that the quotation is from.

From the bank's point of view, it is the dollar that the bank bought from the customer, and it should be paid to the customer according to the purchase price 1 19560.

Japanese yen. On the other hand, if customers want to sell Japanese yen, they need 1 19860 yen to get back 1000 dollars. (Silver

Okay, it's really dark! )

Up and down

The so-called rise or fall refers to the former currency against the latter currency in the quotation.

For example, if EUR/USD, GBP/USD and AUD/USD rise, it means that the prices of EUR, GBP and AUD are higher against USD.

It has gone up. At this time, the value is getting bigger and the dollar is depreciating, which is easier to understand.

Because there are two ways to quote, we should pay attention to the distinction.

For example, the rise of USD/CHF, USD/JPY and USD/CAD shows that USD is in the price of CHF, JPY and CAD.

It has gone up. At this point, the values in the chart seem to be getting bigger, but CHF, JPY and CAD are depreciating. Kexi

Make no mistake!

Sydney foreign exchange market is the earliest foreign exchange trading market in the world every day, and the trading time is 6: 00 Beijing time.

14:00。 Usually, exchange rate fluctuations are relatively calm, and the trading varieties are mainly Australian dollars, New Zealand dollars and US dollars.

Trading hours in Tokyo foreign exchange market are about 8: 00-1:00 and 12: 30- 16: 00 Beijing time. Trading goods

The variety is relatively single, mainly concentrated in the yen against the US dollar and the yen against the euro. As a big exporter, Japan's import and export trade

Easy to receive and easy to pay is relatively concentrated and easy to be disturbed.

The trading hours in the London foreign exchange market are from 17: 00 Beijing time to 1: 00 the next day. There are many kinds of trading currencies.

There are often more than 30 kinds, of which the largest transaction volume is pound against dollar, followed by pound against euro.

Swiss francs and Japanese yen, etc. In the London foreign exchange market, almost all major international banks have branches here.

Because it is connected with the trading hours of new york foreign exchange market, it is from 2 1: 00 every day to 1: 00 the next day.

It is the most active stage of major currency fluctuations.

Trading hours in new york foreign exchange market are from 2 1: 00 to 4: 00 the next day. It is an important international foreign exchange market.

First, its daily trading volume is second only to London. At present, more than 90% of the world's dollar transactions finally pass through new york.

Inter-bank clearing system for settlement, so the new york foreign exchange market has become the international settlement center of the US dollar. In addition to dollars,

The main currencies are euro, pound, Swiss franc, Canadian dollar and Japanese yen.

According to statistics, the average daily trading volume of the international foreign exchange market is about10.5 trillion.

Among them, new york, Tokyo and London are the largest trading centers in the world. The following are the main foreign exchange in Beijing time.

Opening and closing time of the trading market:

City ... opening hours ... closing time

Wellington ... 5: 00 ... 13: 00

Sydney ... 7: 00 ... 15: 00

Tokyo ... 8: 00 ... 14: 30

Singapore ... 9: 30 ... 16: 30

Frankfurt ... 15: 30 ... 0: 30 the next day.

London ... 16: 30 ... the next day 1: 30.

New york ... 22: 00 ... Five o'clock the next day.

There is a discrepancy between the time stated in the above two documents. I haven't made a field trip and I can't confirm it. Fortunately, there is no time to define.

Conclusion: Because the foreign exchange market is an invisible market.

Long-term-months.

A wave of rising prices in the picture lasted for seven months, with an increase of 17.7%, nearly 900 points (the Australian dollar is comparable to other currencies.

All the points are valuable, which is estimated to be no less than 2000 points when converted into other currencies.

I used to hold GBP 13 months, with a profit of 13%, which is called "super long line". No time to pay attention to the foreign exchange market

People, as long as they buy the right price, can make money even if they know nothing. Tell you a secret: stay away from the foreign exchange market.

News, which day CCTV news broadcast said-a currency fell to the lowest point in X years, and a finance minister of a country went to the United States.

When China talks about the exchange rate, you buy decisively and hold it until you hear the news broadcast again-currency.

Hit the highest point in x years, the national finance minister has gone to the United States to discuss the exchange rate issue, you sell! Let you return home with a full load.

(However, there are not many such opportunities, and experts will laugh at this practice). You don't need any knowledge of foreign exchange speculation, and you don't need to know K.

Line chart. That's what I did when China started personal foreign exchange trading. At that time, the spread was as high as

200 points, short-term operation is impossible. But this is not called "speculation", it should be called "copying foreign exchange")

The midline-dozens of days. In the figure, it took about 10 days for a wave of mid-line rising market, and some bands took longer.

More than 20 days [see my Japanese yen daily chart, about 23 days (16- 17 trading days)/cycle]. Midline operation

It is an ideal operation mode for beginners of foreign exchange speculation. The "mid-line training course" hosted by the monitor of the Eighth Route Army can help you study.

Combat operation, the goal is more than 200~500 points.

Short-term-dozens of hours or less, is the spread of daily exchange rate changes. Sometimes hours or even minutes (super

Short-term) can make a lot of money, which is really an expert heartbeat game.

Long line, middle line and short line are operations with different thinking and should be treated strictly differently!

Long-term thinking is dominated by trends, and monthly, weekly and daily charts are generally used as analytical tools, regardless of the wind.

The waves will not be shaken by the narrow fluctuations of the day.

Short-term operation with daily line, hourly line or even thinner line chart has great influence on the opponent's accurate calculation ability and psychology.

There are high requirements for endurance, judgment and reaction speed. Need to strictly follow the daily plan.

Grasp the fleeting peaks and valleys, fast forward and fast out, and never be soft. Rebounding, grabbing news, chasing up and down, that is,

Even in the downward trend, you can make a profit. The concept of short-term thinking stop loss (stop loss) is very necessary, gambling

Bo has a bigger composition.

For example: (For simplicity, the spread is not included in the example) Buy Japanese yen at 120- 120.20.

1 19.5 (the first target is 50 points)-1 19.0 (the second target is 100 points), and the stop loss is placed at 120.55.

In this way, if the goal is achieved, you can make a profit of 50~ 100 points. If you fall below the stop loss, you will recognize 40 points out. Come back tomorrow. total

Generally speaking, experts win more (banks also welcome you to do so), so-called "opportunities are available every day." Supplement 1

Point, the purpose of stop loss is to buy back in a better position to increase the holding of the currency, so be sure to remember to buy back.

Otherwise, it will really lose money.

Short-term funds should be operated in strict accordance with short-term thinking, and there is no big problem in the upward trend because

There will be delivery opportunities tomorrow. If you can't leave in time in the downward trend, it will be miserable. Borrow a word-stock trading

Fired as a shareholder.

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