Gold and foreign exchange are collectively referred to as gold and foreign exchange, because gold and foreign exchange are often the most relevant in the financial investment market, so people are used to mentioning gold and foreign exchange side by side. Gold in kind means buying a lot of gold and waiting for appreciation. If it falls, there will be no profit and it will take up a lot of money. With the improvement of people's economic ability and financial knowledge, the one-way profit-making stock market can no longer meet the financial needs of investors, and more and more people turn to the gold foreign exchange market with more operating space and investment value.

Now all countries in foreign exchange trading hours.

Although the international foreign exchange market is a 24-hour market,

24-hour chart of gold

Exchange rate fluctuations in one market can spread to other markets quickly, but each market has its own different characteristics.

As one of the earliest foreign exchange markets in the world, the Sydney foreign exchange market is open every day, and the trading time is about 6: 00- 14: 00 (Beijing time). Usually, exchange rate fluctuations are relatively calm, and the trading varieties are mainly Australian dollars, New Zealand dollars and US dollars.

The trading varieties in Tokyo foreign exchange market are relatively simple, 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 balance is relatively concentrated, and it is easily disturbed. Trading time is about 8: 00- 1 1: 00 and 12: 30- 16: 00 Beijing time.

There are many kinds of currencies traded in the London foreign exchange market, often more than 30 kinds, of which the largest transaction volume is pound against dollar, followed by pound against euro, Swiss franc and Japanese yen. Its trading time is probably Beijing? 17: 00 to the next day 1: 00. In the foreign exchange market in London, almost all major international banks have branches here. Because they are related to the trading hours in new york's foreign exchange market, they are on a daily basis. The period from 2 1: 00 to the next day 1: 00 is the most active period for major currencies to fluctuate.

New york's foreign exchange market is one of the important international foreign exchange markets, and its daily trading volume is second only to London. At present, more than 90% of US dollar transactions in the world are finally settled through the inter-bank clearing system in new york. So? New york's foreign exchange market has become an international settlement center for US dollars. In addition to the US dollar, the trading currencies of major currencies are euro, pound, Swiss franc, Canadian dollar and Japanese yen. Its trading time is about 2 1: 00 Beijing time to the next day? 4:

Gold foreign exchange market

Due to international economic exchanges such as trade, investment and tourism, there is always a relationship between monetary income and expenditure. However, different countries have different monetary systems. If you want to pay abroad, you must first buy foreign currency in your own currency. On the other hand, foreign currency payment vouchers received from abroad must also be converted into local currency to circulate in China. In this way, the exchange of domestic currency and foreign currency has occurred. The exchange rate of two currencies is called exchange rate or exchange rate. Central banks in western countries often buy and sell foreign exchange in order to implement foreign exchange policies and influence the foreign exchange rate. All foreign exchange commercial banks, banks specializing in foreign exchange business, foreign exchange brokers, importers and exporters and the general situation of their foreign exchange markets are engaged in various cash and forward foreign exchange transactions. All these foreign exchange transactions constitute a country's foreign exchange market.

In short, the gold foreign exchange market refers to the market where foreign currencies and bills denominated in foreign currencies are traded. It is a major part of the financial market.

The gold foreign exchange market is the largest financial market in the world, with a daily transaction volume as high as $65,438 +0.5 trillion. In the traditional impression, foreign exchange trading is only suitable for banks, consortia and wealth managers, but after these years, the foreign exchange market has been growing and connecting foreign exchange traders all over the world, including banks, central banks and wealth managers. Brokers and companies, such as importers and exporters and individual investors, and many organizations, including Federal Bank of America, make huge profits from foreign exchange. Today, the foreign exchange market not only provides opportunities for banks and consortia to make profits. It also brings profit opportunities for individual investors.

How to trade gold

Learn to open positions, lighten positions and make profits.

"Building a position" means opening the market. Opening a position, also called exposure, is the act of buying gold. Choosing the right gold price level and the timing of opening positions is the premise of profit. If there are good opportunities to enter the market, there will be great opportunities for profit.

"lightening the position" is a stop-loss measure taken to prevent excessive losses when the price of gold suddenly falls after the opening of the position. For example, if gold is sold at the price of 157, and then the price of gold falls to 150, then the nominal loss has reached 7 yuan. In order to prevent the gold price from falling further and causing greater losses, we sold gold at 150, ending our exposure with a loss of 7 yuan. Sometimes traders do not admit compensation, but insist on waiting, hoping that the price of gold will turn back, so that when the price of gold falls blindly, it will suffer huge losses.

The timing of "profit" is difficult to grasp. After opening a position, when the price of gold has developed in a direction favorable to itself. You can make a profit by painting an apartment. For example, buy gold at 145 yuan; When the price of gold rose to 150 yuan, 5 yuan had already made a profit, so he sold gold and made a profit. It is very important to grasp the timing of profit, because the lottery is too early and the profit is not much; The draw was too late, which may have delayed the opportunity. The trend of gold price is reversed, which is unprofitable.

Buy up and not buy down.

Gold trading, like stock trading, prefers buying up to buying down, because there is only one thing wrong in the process of price increase, that is, when the price rises to the peak, the price of gold rises from the floor to the ceiling, and it can't go up any more? In addition, any other point of purchase is right. When the price of gold falls, only one thing is right, that is, the price of gold has fallen to the lowest point, just like falling to the floor, and it can't be lower. Besides, it is wrong to buy it at other points. ? Because only one thing is wrong to buy when the price rises, and only one thing is right to buy when the price falls. Therefore, when the price rises, the probability of profit is much greater than when the price falls.