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A market, that is open 24 hours a day, 5 days a week. The most liquid financial market in the world. Each day, deals worth 6 trillion USD are being closed there. Under all this, we can imagine market which is Forex. As of today, more and more people have access to it. To enter this market, it is necessary that the future trader has the courage to take risks. Forex trading is a risky business, so it is important that traders are sufficiently prepared and patient. To achieve profit, it is important to have discipline, initial capital and enough experience. The bachelor thesis focuses on specifying appropriate opportunity to enter business position and on the calculation of profit and loss. The purpose of this Bachelor thesis is to clear up the problematics of foreign exchange on monetary markets and the application of technical analysis instruments on Forex market. This topic is very interesting and it is convenient to get more information about it, since it can undoubtedly be used in the future. Everything mentioned in this work can be used on any market, be it stock market, commodities market and so on. All markets operate similarly and the principle of trading is almost identical. |
