Forex trading will fall to $2 trillion per day | Forex Factory

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Forex trading will fall to $2 trillion per day

  • #1
  • First Post: Edited Jun 3, 2019 4:20pm Jun 2, 2019 12:53pm | Edited Jun 3, 2019 4:20pm
Tariff wars started by U.S President Donald Trump, exports and imports will fall by 50%. People will buy locally made products and goods now that all the countries have the technology from transfer of education. FOREX is all about exports and imports. The magic numbers of Forex trading will fall to $2 trillion per day.

My Newswire: https://dangerousmother.com (http://dangerousmother.com/)
  • #2
  • Jun 2, 2019 1:07pm Jun 2, 2019 1:07pm
The $5.09 trillion break-down is as follows:

  1. $1.654 trillion in spot (https://en.m.wikipedia.org/wiki/Foreign_exchange_spot) transactions
  2. $700 billion in outright forwards (https://en.m.wikipedia.org/wiki/Forward_contract)
  3. $2.383 trillion in foreign exchange swaps (https://en.m.wikipedia.org/wiki/Foreign_exchange_swap)
  4. $96 billion currency swaps (https://en.m.wikipedia.org/wiki/Currency_swap)
  5. $254 billion in options (https://en.m.wikipedia.org/wiki/Foreign_exchange_option) and other products

Trade will sit in spot transactions which amounts to about 30% of total daily fx volume. Not sure where you are getting your information from.

  • #3
  • Jun 2, 2019 1:38pm Jun 2, 2019 1:38pm
Quoting Meh-leh
Tariff wars started by U.S President Donald Trump, exports and imports will fall by 50%. People will buy locally made products and goods now that all the countries have the technology from transfer of education. FOREX is all about exports and imports. The magic numbers of Forex trading will fall to $2 trillion per day.
I think u do just guessing job
-happyTrading-myFx.
  • #4
  • Jun 2, 2019 2:14pm Jun 2, 2019 2:14pm
The biggest part of turnover in forex is speculation. Not real goods.
MTF PA with indicators = a winning team
  • #5
  • Jun 2, 2019 2:35pm Jun 2, 2019 2:35pm
Quoting Meh-leh
Tariff wars started by U.S President Donald Trump, exports and imports will fall by 50%. People will buy locally made products and goods now that all the countries have the technology from transfer of education. FOREX is all about exports and imports. The magic numbers of Forex trading will fall to $2 trillion per day.
Tariff wars are here at the moment sure, but only from the US! There is more to the world than the USA you know, and whatever Trump does China will dominate the world in trade and will grow. Trump will be just a distant memory in a few years and Xi Jinping will still be there, he's there for life remember!!

So I'm sorry but what you're saying is wrong
  • #6
  • Jun 2, 2019 3:03pm Jun 2, 2019 3:03pm
If anything, what we should see is an increase in SPOT. Not only that, but the US Dollar will go down, since the present administration's tactics are focused on trying to make a cheaper dollar to increase in investment in US Goods, particular in agriculture (the thought process behind whether or not its right, of the present US administration). I would just say to look to technicals, be aware of the fundies and then remember to have a plan, treat this month by month and day by day.
That's my Two Cents.
  • #7
  • Jun 2, 2019 8:13pm Jun 2, 2019 8:13pm
Quoting rover99x
{quote} Tariff wars are here at the moment sure, but only from the US! There is more to the world than the USA you know, and whatever Trump does China will dominate the world in trade and will grow. Trump will be just a distant memory in a few years and Xi Jinping will still be there, he's there for life remember!! So I'm sorry but what you're saying is wrong
There are made in Africa cars and SUVs which are better than Mahindra India cars and SUVs. Huawei, Xaomi etc.. giant smartphones companies from China. Countries have the technology to make consumer products and goods. Exports and imports will fall.
  • #9
  • Jun 3, 2019 12:05pm Jun 3, 2019 12:05pm
US-China trade plunges by 20% in the first two months of 2019

The volume of trade between the world’s two largest economies, the United States and China, dropped to $76.5 billion in January-February, according to data by China’s General Administration of Customs.

The figure is 20 percent lower than for the same period of last year. At the same time, the trade deficit between the countries narrowed to $42.1 billion, after reaching almost $30 billion in December alone. Statistics showed that Chinese exports to the United States decreased by 14.1 percent in the first two months of the year to $59.295 billion. The US exported just $17.18 billion worth of goods in China, down 35 percent from January and February 2018.

https://www.rt.com/business (https://www.rt.com/business/453505-china-us-trade-falls)
  • #10
  • Last Post: Jun 4, 2019 12:57pm Jun 4, 2019 12:57pm
To earn $1000/month from forex trading you will have to trade with/risk $7000 to $10,000.

Managed Forex account minimum is $10,000 to $50,000. it goes to minimum $150,000. Trading is betting/gambling in a way. Why such BIG money needed. With $20,000 you can start a business or do some study course.
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