Many Americans are interested involved in forex trading. Before that happens, you must use a Forex trading training. You should never get into forex trading currency trading, without education. With the right forex trading education, you can be on your way to make a nice profit.

First you need to understand what the Forex market. Forex stands for change. Forex trading is the simultaneous exchange of one currency against another currency countries countries. In this way, the right time, you can win a prize. A forex trading education can teach you how to do this.

The first part of a formation of forex trading is to learn the background of the market. The Forex market is always changing. With Forex trading education, learn to control these changes as beneficial to you.
The next part of training is to learn forex trading and risk management. You learn to control yourself and taking charge of the thrill of the possibility of investing money. You'll also learn how to cut your losses (how to exit losing trades first losses exceed your limits). You will always lose money when trading the exchange rate. This part of the Forex Trading Education is crucial, be it big or end up in a hole.

Another important part of trading Forex is your training to learn how to open and manage your Forex trading account. Your forex trading education should first have experience with a demo account. In this way you learn the ropes by practicing forex trading with virtual money. There is no risk, but is more realistic than the real thing. Your forex trading education should also know when you are ready for the worst case. You should then and only then, the change to open a live Forex trading.

There are many ways to get an education in Forex trading. The best place to get a Forex trading education is online. There are many free websites available that let you open free demo account to practice your forex trading. There are also free seminars that are available at random times. The best thing to do to get some advice from someone who is a current forex trader. They can give you some information on Earth for the currency trading entity.

Now that you know a bit 'of forex trading, it's time for you to go get a good education forex trading. Do not rush and take your time. There are a lot of money with forex trading. It 'best not to go ahead of you.

The ECB is expected to keep the main refinancing rate to 1% and allow their similar economic assessment and outlook for inflation at earlier meetings. The focus of the press conference back to Greece. While related parties generally agree on loan terms to three years for a total of € 110B, shall be payable by the Parliament on 7 can be approved. Probably wondering about the infection and securities regulation.

Like the previous meetings, the ECB will describe the current interest rates as "appropriate", and the risks to this outlook as "broadly balanced" in an uncertain environment. Economic indicators released recently with PMI has been heartening, and the IFO index exceeded market expectations. However, these should not lead to an upward assessment of the ECB over time - especially if the projections published in June.

In relation to the price of development, HICP inflation in March was up 1.4% revised and / and (provisionally: 1.5%), while the preliminary reading for April was 1.5%. Strength and weakness of oil in the euro area can go to the upward pressure on prices in the near future. But how long the situation is sustainable, uncertain, and the ECB is unlikely that its inflation forecasts for upgrade for now. We hope to reaffirm the central bank, "probably in line with slower recovery of the domestic and external demand, prices in general, and wage costs remain moderate. The expectations of inflation in the medium and long term remain firmly in line with the ECB Council's objective of keeping inflation below but anchored around 2% over the medium term ".

The ECB held its key interest rate to 1% and the attitude to go little by little the action of non-standard loans. Last week the central bank led a LTROs three months in the variable rate tender for the first time since October 2008. Demand was weak as the bids amounted to € 4.8b, compared to estimates of the ECB 15B of the euro. The lowest to highest tender prices and were 1.5% and 1% (benchmark interest rate principal), each with an average of 1.15%. The weakness in demand was driven by several factors. Concerns about sovereign debt crisis was one of the factors at the same time, the fact that it is much more expensive is the ECB's refinancing operations by the market to another. The three-month Euribor rates and three-month Eonia phones are around 0.67% and 0.47%, well below the reference rate. In addition, the estimated demand for euro 15 B was significantly higher than those observed in the last three months LR demand. It is for the bidder not to offer aggressive, because it would be able to obtain financing at lower prices normal. In the press conference, we hope that many questions about the sovereign crisis in Greece and the European countries peripherals. At the conference of the G-20, ECB President Trichet said the situation in Spain is different in Greece. The market will be interested to know the position of Chairman of the spread from Greece to other highly indebted economies, like Portugal, Spain and Ireland.
Another issue is the safety rules, such as long-term bonds in Greece by S & P to BB +, or "junk" downgraded last week. Under current law, only one of the three rating agencies to rate the debt to BBB + or higher to be eligible as collateral. Therefore, the situation of the Greek bonds is not as collateral, Moody's, A2 are concerned, remains above BBB +. Fitch has an BBB-. While we believe further downgrade is unlikely in the short term and in Greece almost secured a € 110B rescue package in three years, Greece is still in danger, as we still have to overcome obstacles in the implementation of austerity measures to reduce the deficit. Okay, let's go to the ECB is flexible relax the rules of an additional safeguard as it will be catastrophic, as the Greek bond securities due.

Technical analysis probably the most common and effective means to decide trading and analyzing forex and commodities markets.

Technical analysis differs from fundamental analysis technical analysis applied only to the market price action, ignore underlying factors. As fundamental data can often provide only forecast "or long-delayed" exchange, technical analysis has the largest instrument to be adequate short-term price movements, and for setting stop losses and profit targets.

Technical analysis consists primarily of a series of technical studies, can each be interpreted to generate buy and sell signals or to predict market direction.

Dollar remains generally smooth, except against the yen, after the release of Q1 GDP data from the U.S.. U.S. economy grew an annualized 3.2% in the first Quarter was slightly below expectations at 3.4%. Price Index increased by 0.9% expected, while the core PCE rose by 0.6%. Labor costs jumped 0.6% in Q1 as well. In Canada, GDP expanded by less than expected 0.3% mom in February. Involved IPPI declined 0.4% mom in March with rmpi increased by 0.8%. Published earlier, CPI euro area remained at 1.5% year on year in April, unchanged, while unemployment remained stable at 10% in March. Swiss KOF leading indicator rose in April to 1.99.

Euro extends recovery of the European Commission, said that negotiations could conclude, for the entire rescue package will be wrapped up Saturday. There are also rumors that the German financial and industrial enterprises of between 1-2b to Greece EUR rescue package. Greek CDS on bonds fell further in the direction of the 600-level, compared to more than 800 earlier this week, while CDS went to Portugal and Spain declined.

The Chairman of the SNB's Hildebrand said today that it will be when rupee appreciated considerably due to the flow of safe harbor, there would be a "negative effects". Hildebrand reiterated that do not allow the SNB "Development of a new risk of deflation and the Bank will act decisively to prevent" excessive appreciation ". Hildebrand also said that "financial market ensures that emerged on the public finances of the individual euro area countries poses a substantial risk to the economy recovers.

The paradigm shift in risk appetite sent this week Japanese yen lower, while the currencies of the raw materials are received. NZD / JPY 68.62 resistance is today announcing the case and said that the consolidation of 69.70 is over. We expect more short-term strength in the cross and then a break of 69.70 in the medium term growth to continue in 2009 by 44.19 deep.

is a must if you want to make a profit.

You can find many Forex trading systems for free here. We have many Forex trading systems collected from the Internet as a forum or want to share your world forex Forex Trading System.
It is now possible with the system of buying and selling foreign currency at no cost to trade, just you and find a good practice before live-trading.

 

All forex trading systems on Meta Trader 4 platform based. We'll try this site for the latest exchange system-update, just keep your eyes here.
We tested all indicators and models and working properly, if not indicators or patterns that did not work, so feel free to ask here.

Happy Trading..

The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends.

The purpose of the foreign exchange market 'Forex' is to assist international trade and investment. The foreign exchange market allows businesses to convert one currency to another foreign currency. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in  U.S. dollars. Some experts, however, believe that the unchecked speculative movement of currencies by large financial institutions such as hedge funds impedes the markets from correcting global current account imbalances. This carry trade may also lead to loss of competitiveness in some countries.

In a typical foreign exchange transaction a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market started forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods System.

The foreign exchange market is unique because of

• trading volume results in market liquidity
• geographical dispersion
• continuous operation: 24 hours a day except weekends, i.e. trading from 20:15 UTC on Sunday until 22:00 UTC Friday
• the variety of factors that affect exchange rates
• the low margins of relative profit compared with other markets of fixed income
• the use of leverage to enhance profit margins with respect to account size

As such, it has been referred to as the market closest to the ideal perfect competition, notwithstanding market manipulation by central banks. According to the Bank for International Settlements, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion as of April 2007. Trading in the world's main financial markets accounted for $3.21 trillion of this. This approximately $3.21 trillion in main foreign exchange market turnover was broken down as follows:

• $1.005 trillion in spot transactions
• $362 billion in outright forwards
• $1.714 trillion in foreign exchange swaps
• $129 billion estimated gaps in reporting

Market Participants

Unlike a stock market, the foreign exchange market is divided into levels of access. At the top is the inter-bank market, which is made up of the largest commercial bakns and securities dealers. Within the inter-bank market, spreads, which are the difference between the bid and ask prices, are razor sharp and usually unavailable, and not known to players outside the inner circle. The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). This is due to volume. If a trader can guarantee large numbers of transactions for large amounts, they can demand a smaller difference between the bid and ask price, which is referred to as a better spread. The levels of access that make up the foreign exchange market are determined by the size of the "line" (the amount of money with which they are trading). The top-tier inter-bank market accounts for 53% of all transactions. After that there are usually smaller banks, followed by large multi-national corporations (which need to hedge risk and pay employees in different countries), large hedge funds, and even some of the retail FX-metal market makers. According to Galati and Melvin, “Pension funds, insurance companies, mutual funds, and other institutional investors have played an increasingly important role in financial markets in general, and in FX markets in particular, since the early 2000s.” (2004) In addition, he notes, “Hedge funds have grown markedly over the 2001–2004 period in terms of both number and overall size” Central banks also participate in the foreign exchange market to align currencies to their economic needs.

Banks

The interbank market caters for both the majority of commercial turnover and large amounts of speculative trading every day. A large bank may trade billions of dollars daily. Some of this trading is undertaken on behalf of customers, but much is conducted by proprietary desks, trading for the bank's own account. Until recently, foreign exchange brokers did large amounts of business, facilitating interbank trading and matching anonymous counterparts for small fees. Today, however, much of this business has moved on to more efficient electronic systems. The broker squawk box lets traders listen in on ongoing interbank trading and is heard in most trading rooms, but turnover is noticeably smaller than just a few years ago.

Commercial Companies

An important part of this market comes from the financial activities of companies seeking foreign exchange to pay for goods or services. Commercial companies often trade fairly small amounts compared to those of banks or speculators, and their trades often have little short term impact on market rates. Nevertheless, trade flows are an important factor in the long-term direction of a currency's exchange rate. Some multinational companies can have an unpredictable impact when very large positions are covered due to exposures that are not widely known by other market participants.

Central Banks

National central banks play an important role in the foreign exchange markets. They try to control the money supply, inflation, and/or interest rates and often have official or unofficial target rates for their currencies. They can use their often substantial foreign exchange reserves to stabilize the market. Milton Friedman argued that the best stabilization strategy would be for central banks to buy when the exchange rate is too low, and to sell when the rate is too high—that is, to trade for a profit based on their more precise information. Nevertheless, the effectiveness of central bank "stabilizing speculation" is doubtful because central banks do not go bankrupt if they make large losses, like other traders would, and there is no convincing evidence that they do make a profit trading.

The mere expectation or rumor of central bank intervention might be enough to stabilize a currency, but aggressive intervention might be used several times each year in countries with a dirty float currency regime. Central banks do not always achieve their objectives. The combined resources of the market can easily overwhelm any central bank. Several scenarios of this nature were seen in the 1992–93 ERM collapse, and in more recent times in Southeast Asia.

Hedge Funds as Speculators

About 70% to 90% of the foreign exchange transactions are speculative. In other words, the person or institution that bought or sold the currency has no plan to actually take delivery of the currency in the end; rather, they were solely speculating on the movement of that particular currency. Hedge funds have gained a reputation for aggressive currency speculation since 1996. They control billions of dollars of equity and may borrow billions more, and thus may overwhelm intervention by central banks to support almost any currency, if the economic fundamentals are in the hedge funds' favor.

Investment Management Firms

Investment management firms (who typically manage large accounts on behalf of customers such as pension funds and endowments) use the foreign exchange market to facilitate transactions in foreign securities. For example, an investment manager bearing an international equity portfolio needs to purchase and sell several pairs of foreign currencies to pay for foreign securities purchases.

Some investment management firms also have more speculative specialist currency overlay operations, which manage clients' currency exposures with the aim of generating profits as well as limiting risk. Whilst the number of this type of specialist firms is quite small, many have a large value of assets under management (AUM), and hence can generate large trades.

Retail Foreign Exchange Brokers

Retail traders (individuals) constitute a growing segment of this market, both in size and importance. Currently, they participate indirectly through brokers or banks. Retail brokers, while largely controlled and regulated in the USA by the CFTC and NFA have in the past been subjected to periodic foreign exchange scams. To deal with the issue, the NFA and CFTC began (as of 2009) imposing stricter requirements, particularly in relation to the amount of Net Capitalization required of its members. As a result many of the smaller, and perhaps questionable brokers are now gone.

There are two main types of retail FX brokers offering the opportunity for speculative currency trading: brokers and dealers or market makers. Brokers serve as an agent of the customer in the broader FX market, by seeking the best price in the market for a retail order and dealing on behalf of the retail customer. They charge a commission or mark-up in addition to the price obtained in the market. Dealers or market makers, by contrast, typically act as principal in the transaction versus the retail customer, and quote a price they are willing to deal at—the customer has the choice whether or not to trade at that price.

In assessing the suitability of a FX trading services, the customer should consider the ramifications of whether the service provider is acting as principal or agent. When the service provider acts as agent, the customer is generally assured of a known cost above the best inter-dealer FX rate. When the service provider acts as principal, no commission is paid, but the price offered may not be the best available in the market-since the service provider is taking the other side of the transaction, a conflict of interest may occur.

Non-Bank Foreign Exchange Companies

Non-bank foreign exchange companies offer currency exchange and international payments to private individuals and companies. These are also known as foreign exchange brokers but are distinct in that they do not offer speculative trading but currency exchange with payments. I.e., there is usually a physical delivery of currency to a bank account. Send Money Home offer an in-depth comparison into the services offered by all the major non-bank foreign exchange companies.

It is estimated that in the UK, 14% of currency transfers/payments are made via Foreign Exchange Companies. These companies' selling point is usually that they will offer better exchange rates or cheaper payments than the customer's bank. These companies differ from Money Transfer/Remittance Companies in that they generally offer higher-value services.

Money Transfer/Remittance Companies

Money transfer companies/remittance companies perform high-volume low-value transfers generally by economic migrants back to their home country. In 2007, the Aite Group estimated that there were $369 billion of remittances (an increase of 8% on the previous year). The four largest markets (India, China, Mexico and the Philippines) receive $95 billion. The largest and best known provider is Western Union with 345,000 agents globally followed by UAE Exchange Financial Service Ltd

Trade Idea: GBP/USD - Sell at 1.5300

Original strategy :

     Buy at 1.4970, Target: 1.5125, Stop: 1.4905

New strategy :

     Sell at 1.5300, Target: 1.5100, Stop: 1.5365

Although intra-day rise to 1.5188 suggests the rebound from 1.4798 may extend gain to 1.5250, as broad outlook is still consolidative and cable should continue to trade within early established range of 1.4781-1.5382, upside should be limited to 1.5300 and bring retreat later. Below 1.4983-93 (current level of the Ichimoku cloud bottom and the Kijun-Sen) would signal aforesaid rebound has possibly ended and bring weakness to 1.4890/00 later.

In view of the above analysis, we are inclined to turn cautious seller on subsequent rise for such a retreat. Only above indicated upper trading range would shift risk to upside for a stronger retracement of early decline to 1.5440/50.

Trade Idea: USD/CHF - Sell at 1.0640

Original strategy :

     Sell at 1.0735, Target: 1.0570, Stop: 1.0800

New strategy :

     Sell at 1.0640, Target: 1.0500, Stop: 1.0705

Current breach of indicated support at 1.0558 signals early rebound from 1.0507 has ended at 1.0752 and consolidation with downside bias remains for weakness towards said support, however, break there is needed to confirm decline from 1.0899 top has resumed and extend weakness towards 1.0450 and possibly towards 1.0424 (61.8% Fibonacci retracement of 1.0130 to 1.0899) but reckon oversold condition would limit downside to 1.0405 (50% Fibonacci retracement of entire rise from 0.9910 to 1.0899).

In view of the above analysis, we are still looking to sell dollar on recovery but at a lower level. A firm breach above intra-day resistance at 1.0684 would prolong choppy consolidation but only above key resistance at 1.0752 would turn outlook bullish and signal the correction from 1.0899 top has ended at 1.0507, bring test of 1.0805/10 later.

http://www.actionforex.com/action-insight/candlesticks-trades/trade-idea%3a-gbp%10usd-%11-sell-at-1.5300-20100331110099/

Welcome to the world of Technical Analysis, the glittering world of the graphs, lines, patterns, and candlestick. There is a good idea before you plunge into the wilderness Technical Analysis, you read the first couple of articles about the basic Technical Analysis, the basic philosophy, weaknesses and shortcomings in the following article.

The Candlestick Formation

This section will I explain about what happened in formation candlestick. Broadly speaking, this formation is divided into three parts namely Bullish candlestick formations, Neutral candlestick formations, and Bearish candlestick formations.
The Bullish Candlestick FormationsThis all is Bullish pattern. Some of them indicate strong bullish pattern. Few simple guidelines, if found in the following formations is likely that there is a bullish trend is imminent.

Hammer - You certainly can speculate why they are called hammer. Hammer occurs after a strong trend of decline. If occurs after a sharp strengthening trend is called a hanging man. Shaped like a bullish pattern with the lowest price and the highest price does not have. Piercing Line –First Candle is a long bear candle followed by a bull who is also a long candle. Bull bear candle candle appears in the bottom but not to bear half of the candle.   Bullish Engulfing Lines - This is a strong bullish pattern and occur after significant downtrends (and usually is a trend back / reverse). Occurred when a small bearish followed by a large bullish.   Morning Star - Pattern as it indicates the price has reached a point lower (support) the potential. The emergence of star (the middle candle) indicates the trend will occur behind when followed bullish on the next candle. Star can be a bull or bear candle candles.   Bullish Doji Star - Star as it shows the character behind the trend is still uncertain. If there is no other supporting indicators that ensure the trend will last, it is advisable to wait and see first. Long Bearish Candle - Bearish candle occurs when prices open near the highest price and closed near the lowest price.   Hanging Man - There was once a significant uptrend. Consists of two candles with a remote lowest price highest price down without. This pattern is the opposite of Hamer on the bullish candlestick formation.   Dark Cloud Cover - is a bearish pattern. It would be more powerful if the second candle appears in the bottom of the first bullish candle.   Bearish Engulfing Lines - This is a bearish pattern occurs when strong enough after the uptrend and is a reverse pattern. Occurred after a small candle bullish candle followed by a large bearish   Evening Star - Showing that the price had reached a point of his resistance. Star (the middle candle) shows the possibility of going through a bearish trend. Star can be a bear or bull candle candles.   Doji Star - As the bullish doji star, such as doji star is showing bearish trend with a period of uncertainty. Needed reinforcements such as evening star for sure.   Shooting Star - is the trend behind the minor. Star should have the highest price long enough to be able to say shooting star. Neutral Candlestick Formations Candlestick formations do not show uptrend neutral or downtrends. For these circumstances suggested wait and see.   Spinning Tops - It's symmetrical and the distance between the open and close is not too large. There is no certainty what will happen afterwards.   Doji - As the Doji formation bearish nor bullish. This position of uncertainty indicates that the trend will occur and the period.       Double Doji - Now for a model like this double doji that will likely happen is the "breakout" to the place of uncertainty. However, breakout model that will happen remains can not be ascertained from this formation only. Must have other support.   Harami - this model indicates a decrease in momentum trend will end soon followed the trend. Consists of candle with the smaller size in the middle of the larger candle before. In the next example marks the end of the bullish trend due to bullish bearish candle followed by smaller ones. Reversal Candlestick Formations Well, this formation for the trend back / reversal. Long-legged Doji-menunujukkan often turning point. Occurs when the open and closing price is equal  to the highest and lowest price is relatively large. Dragonfly Doji - also a turning point. It's just here to show that the lowest price was far greater than the highest price. Gravestone Doji - Open and close and the lowest price is the same. While the highest price rises far.   Stars - Now this is the reverse stars. His position was above the previous candle the same kind. As in other formations, this condition indicates a trend reversal may occur. After I spread out so much information, surely the question arises in you: There is so much information, how can I use to be used effectively in trading to? The answer is simple (though not as easily write it here). Frequently used and see reference!! That's it, then you will get used to. My own honest (honest ... J) did not memorize all the information that exists. Only a few that I think is important. And to remember, confirmed only by reading formations often cause false signals. Need stronger support to the existence of other indicators. Another thing, indications are given in candlestick formation is usually just gives an indication of trends within a very short time (no more than 7 candles). It is difficult to determine trends in the long term with candlestick. http://www.belajarforex.com/dasar-analisa-teknikal/the-candlestick-formations.html

Forex Terms

Alligator

is a concept of technical indicators from Bill Williams to determine price trends. Is a combination of three (3) fruit and the Moving Average: 5,8,13. You can use it on the graph M30 (30 minutes) & H1 (1 hour). This indicator can be found on the MetaTrader software.

Technical Analysis

is an analysis in Forex trading to measure price movements over the price graph. The things that should be known from this technical analysis is the trend, saturation, support, ressisten, and Pivot Points.

Fundamental Analysis

is an analysis in Forex trading to predict price movements based on fundamental news. News here in the form Fundamental economic news, affiliated, and security that affect price movement.

Buy

is the position in Forex Trading for the Buy. Condition is if the price was going up significantly then you can open a Buy position.

Sell

is the position in Forex Trading to Sell. Condition is if the price was going down significantly then you can open a Sell position.

Fibonacci

is a branch of the specific technical indicators to determine areas of support-ressisten. The most famous and easy to use the Fibonacci Retracement. Other families are Fibonacci Arc, Ekspansion. Fibonacci device you can also find the Metatrader software.

Forex

is an investment that trade one currency with another currency. Is an abbreviation of Foreign Exhange or exchange foreign currency.

Leverage

Is the leverage in Forex trading, where the comparison factor will be multiplied by the contract size.

Example is 1:200 with a mini contract is 10,000 margin account is used (1:200) x 10,000 = 50 units traded currencies.

For example an open position USD / JPY the margin used is $ 50. If trade with the GBP / USD then the margin is used for 50 Pounds Sterling. If converted to dollars is 50 times the rate of GBP / USD. Eg rate GBP / USD is at 1.4000 rate. Then used margin is 50 x 1.4000 = $ 70

For Standard accounts, contracts used by 100,000 Leverage is 1:100. The average opening of accounts per lot is $ 1000.

Margin

is guaranteed in forex trading. This term is associated with leverage. If Leverage 1:100 for mini accounts (10,000 contracts), the margin is used for 100 units of currency. Trading USD / CHF with a margin of $ 100. Trading EUR / USD to 100 euros or $ 130 if the rate of EUR / USD when it is at 1.3000.

Pip

is worth 1 point rise or drop in price movements. For a mini account, 1 point is worth $ 1, for the standard account is $ 10.

Ressistent

are the points that are above the current price. Point of support can be drawn from the line at Fibonacci Retracement Time Frame H1 & H4.

Support

are the points that are below the current price. Point of support can be drawn from the line at Fibonacci Retracement Time Frame H1 & H4.

Zig Zag

is a technical analysis tool to determine trends and support-ressisten prices. 

Premium Flowers / Swap 

This time we will learn about the SWAP is also often called the world of forex trading as a flower or flowers Overnight Premium. Here we will learn how to calculate swap / interest that overnight.
Previously, you need to know the interest rate the Central Bank of each country, please open Belajarforex a link that contains interest rates a number of countries in the world.
http://belajarforex.com/tabel-suku-bunga-dunia.html
You mean the Central Bank interest rates, respectively, are such as to IDR (Indonesian Rupiah) that we see is the value of the interest rate provided by the Central Bank of the Republic of Indonesia, the Bank of Indonesia. As of this writing, interest rates imposed by Bank Indonesia for the currency IDR was 7.75% per year. As for USD (U.S. Dollars - United States) interest rates we will consider is the interest rate the U.S. central bank is set, namely the Federal Reserve (commonly called the Fed) of 0.25% per year.
If you look closely, you can see an opportunity here! Did occur to you?
What if I can borrow, say $ 1 million from a bank in the U.S.? Value interest rate the Federal Reserve is set for 0.25% is actually a way for the Federal Reserve to control the savings rate of all banks in the U.S. and at the same interest rate loans as well. Just like in Indonesia, if the Bank Indonesia interest rate determines the previous BI fell to 8% 7%, then this will be followed by banks in Indonesia to lower deposit rates to approach the specified value of BI, such as before 8 , 5% per year to 7.5% per year. The same goes for interest rates / credit, which was 13% per year, probably will fall to 11.5% a year. So we can generally infer the value of central bank interest rate a country will affect the deposit rates and loans, and the difference in the value of central bank interest rates are generally not large.
Back to the topic of 'Opportunity' before, there is an opportunity to borrow from banks in the U.S. amounted to USD 1 million in interest on loans, such as 3% a year. Then I break this into AUD CAD and I deposited in a bank in Indonesia with deposit interest of 7.5%. I have a difference of +4.5% / year. Interesting is not it? Live pinjem-pinjem aja;). This technique is known as the Carry Trade a few years to bloom practiced enough. Sekalikah this simple? In fact doing so is not that simple, it risks and difficulties we will not discuss in this article but this is the basis for us to understand why the swap or the Overnight Interest in forex trading.

Now, let us consider only the interest rate frequently traded currency in forex trading, such as GBP (Great Britain Pound - UK) and CAD.
A set interest rate is the central bank. For example we are going to trade GBP / USD. British central bank is the Bank of England and the U.S. central bank is the Federal Reserve. Remember interest rates listed are for a year.
If the GBP will strengthen against the USD in the long run, so we took the initiative to open Buy GBP / USD in a floating position ahead 1-3 days, for example for us to trade 1 lot just in Mini Accounts.
We can ensure that the position of Buy 1 lot GBP / USD is going to get a premium interest rate / interest rate swaps for the UK higher than American rates. Current column for the Bank of England Rate 1.0% and in the Current column of the Federal Reserve Rate is for 0.25%.
Daily swap (premium rate) position Buy GBPUSD is as follows:
    Given the interest rate per annum of England (BoE) was 1.0% and,
    interest rate per annum America (FED) is of 0.25%.

    Theoretical formula of premium rate / swap per day are as follows:

    Pair A / B - Position Buy:

    ((A state interest rate - Interest rate on state B)% x Total Lot x Contract Size) / 365 days

    Pair A / B - Position Sell:

    ((Interest rates of B - A state rates)% x Total Lot x Contract Size) / 365

    So for the opening of the Buy 1 lot GBP / USD is:

    ((A British interest rate - Interest rate U.S. state)% x 1 x 10,000) / 365

    = ((1-0.25)% x 1 x 10,000) / 365 = 75 / 365

    = $ 0.2 per day for 1 lot.

    So for each lot of positions Buy GBP / USD will RECEIVE $ 0.2 per day
    Conversely, if doing a position Sell GBP / USD for more than 1 day will PAY a swap of $ 0.2 per lot him.
One more example for the theoretical swap AUD / JPY.
    Ausi Interest rate: 3.25% & Japanese interest rate: 0.1%.
    Based on calculations, if you do Buy 1 lot of AUD / JPY will RECEIVE a swap of $ 0.86 per day. And indeed if you do Sell position more than one day will PAY swap for $ 0.86.
Here is a table of theoretical swap for Mini Accounts with another 10,000 contracts as much as 1 lot per day for the position of Buy & Sell:
Pair / Couple currency
Buy Premium ($)
Sell Premium ($) 

For the standard account (contract 100.000) live 10 times. For example for the opening of 10 lots (standard account) AUD / USD then the swap is obtained for 10 x 0.82 = $ 8.2.
Another broker, the other also the policy for the swap / interest rate premium.
Here are the details of the swap of each broker: 

MBTrading with MBTNavigator

Seems that every position lotnya Sell a premium will be subject to interest large enough when compared with the position Buy.
The largest swap positions Buy NZD / JPY in the amount of 5.30% per year and if you take the position Sell NZD / JPY will be charged a swap -9.38%.
To be mengkoversi dollars are as follows:
Buy Premium NZD / JPY 1 lot = (5.3% x 10,000) / 365 = $ 1.45
Premium Sell NZD / JPY 1 lot = (-9.3% x 10,000) / 365 = - $ 2.55
Capital Gain using Metatrader 4: 

Shown in the table above for the volume size of 0.1 which means, trader opened 1 lot of position. Ditabel seems that an open position Buy EURUSD more than one day will earn interest $ 0.1 per lot and vice versa if you Sell EURUSD position more than one day will be charged the premium rate or a swap of $ 0.5. From the above table is the largest premium Buy now Buy AUDJPY which will earn interest cost of $ 0.43 and the largest swap is when you leave the position AUDJPY Sell more than 1 day in the amount of $ 0.86. Oh yes, we were reminded again, opening the position 1 lot on a mini account is at Forex.com metatrader 0.1 Vol. If you choose Vol 1.0 then it is means you choose the opening position of 10 lots. Hayoo, do not let one more well ... be careful in choosing the volume of transactions at Forex.com Metatrader platform. Contact us if still confused.
Asia Kapitalindo using Metatrader 4: 

As the Asian trading platform Metatrader Kapitalindo with a swap arrangement would seem to be traded pairs per lot as follows:

    * Buy EUR / USD: -4.50
    * Buy GBP / USD: - $ 4.88
    * Sell USD / CHF: - $ 12.66
    * Buy & Sell USD / JPY: - $ 4.17
    * Buy AUD / USD: $ 1.83
Conclusion: Based on theoretical calculations & the reality of the field, the value of the swap or interest rate can differ from one another. Based on observations of the smallest swap is when customers trade in MBTrading Futures. Swap apply when a position is still held (floating) exceeds 04.00 o'clock in the morning.
Thus our explanation, to be honest you can ignore this if you swap a mini trading account at Capital Gain or MBTrading. Conversely, if you are trading in Asia Kapitalindo, swap big enough, you may consider to open a position more than one day or not. Want to be a Day or Swing, depending on your choice. 

http://www.belajarforex.com/artikel-forex-trading/bunga-premium-swap.html