Newbie question - Aussie Stock Forums

Results 1 to 4 of 4

Thread: Newbie question

  1. #1

    Default Newbie question

    Hi all,

    I havent started live trading yet, but I was wondering:

    What the effect of trading on a given currency pair has on the value of that currency.

    For example, would buying 10 standard contracts cause the currency to rise in value due to your purchase? How how sensitive is the market to BUYS and SELLS?


  2. #2
    Join Date
    Dec 2005
    Port Adelaide

    Default Re: Newbie question

    No chance of moving the Forex market mate.

    It's too big.

  3. #3

    Thumbs up Re: Newbie question

    Cheers for the speedy response

  4. #4
    tayser's Avatar
    Join Date
    Jan 2007

    Default Re: Newbie question

    You could move the price one or two pips on a small ECN if you max our their liquidity...

    you'd temporarily be moving the market inside the broker if you went to place an order for 5000 (lots are to the nearest thousand on MBT) - but would it be reflected with other brokers? most likely no, you'd need to be trading in the billions...

Similar Threads

  1. Newbie question
    By CCCP in forum Beginner's Lounge
    Replies: 9
    Last Post: 19th-October-2007, 12:21 PM
  2. Newbie with Question
    By Pete5000 in forum Beginner's Lounge
    Replies: 10
    Last Post: 17th-October-2007, 11:59 PM
  3. Replies: 5
    Last Post: 7th-October-2007, 11:29 AM
  4. Newbie question on bid and offer price
    By coladuna in forum Beginner's Lounge
    Replies: 1
    Last Post: 5th-May-2006, 11:09 AM
  5. Newbie - Stockbroker Related Question
    By today53 in forum Beginner's Lounge
    Replies: 14
    Last Post: 29th-December-2005, 08:59 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Aussie Stock Forums