How to Trade the Forex Market | Why trade fx on deriv
Setting a Rise/Fall forex trade Let’s take a quick look at a Rise/Fall option to see precisely how this all works using the DTrader platform:
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Figure 3. Rise/Fall
Here we have the EUR/USD. The current spot price is 1.19076. 1 We can predict that the first currency, the euro, will go higher or lower against the USD. If we
Our stake is $10. 5 You can trade as little as $1 on most markets. The returns offered can be seen. If the trade is successful, we will be credited the investment ($10) plus the payout amount. If we
think the euro will go higher, we select Rise, 2
lose, we only lose the initial $10.
and if we think it’ll go lower, we select Fall. 3
Some forex digital options trades allow selling
We can set the trade duration from a few seconds
the contract before it expires to either gain a
to days as long as the contract expires on trading day. In the above example, we’ve set the duration to 5 minutes. 4
profit or close at a loss depending on the market position at that moment, but most options run until expiration.
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