IDEAS home Printed from https://ideas.repec.org/a/eur/ejesjr/130.html

The Creation of the Convenient Investment Strategy in Forex

Author

Listed:
  • Daniela MajerÄ Ã¡ková

    (Faculty of Management FMCU, Comenius University in Bratislava, Slovakia)

Abstract

Forex that belongs into the biggest and the most widespread financial markets in the world has the daily turnover that is assessed to more than 5 trillion USD. This fact is at the same time a temptation for investors and attracts them to trade in this market. Only the small percentage from this daily turnover is made of the business of governments and companies, that purchade in foreign countries or need to exchange foreign currency for the domestic one. The majority consists of the speculative business. Speculative business is based on the expectations of a speculator on the future rise or fll of exchange rate, that he plans to earn money on. In this case, we are talking about the market with unpredictable environment. It is controlled by the crowd of people who create the most extensive financial market of the world by their mutual purchasing and selling foreign currencies. The aim of this paper is to create the convenient investment strategy on the basis of the analysis of foreign exchange market. We have used the description for the fulfillment of this aim and consequently we have focused on business strategies as the fundamental and technical analysis and its use in the real trading. We have described the development of trading in the chosen market and period by means of fictitious account on the platform Metatrader4. Consequently, we have analysed the influence of the particular factors on the results of investing in Forex

Suggested Citation

  • Daniela MajerÄ Ã¡ková, 2022. "The Creation of the Convenient Investment Strategy in Forex," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 8, January -.
    • Handle: RePEc:eur:ejesjr:130
    DOI: 10.26417/ejes.v5i1.p80-88
    as

    Download full text from publisher

    File URL: https://revistia.com/index.php/ejes/article/view/2815
    Download Restriction: no
    File URL: https://revistia.com/files/articles/ejes_v8_i1s_22/Majercakova.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.26417/ejes.v5i1.p80-88?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kwabena A. Anaman & Rose Aminah Ismail, 2002. "Cross-Border Tourism From Brunei Darussalam To Eastern Malaysia: An Empirical Analysis," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 47(01), pages 65-87.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hadi Suratman & FX. Adji Samekto & Nanik Trihastuti, 2020. "The Administration of Small-Scale Economies in the Cross- Border Trade in Southeast Asia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 210-218.
    2. Manuela Lucchese & Ferdinando Di Carlo & Natalia Aversano & Giuseppe Sannino & Paolo Tartaglia Polcini, 2022. "Gender Reporting Guidelines in Italian Public Universities for Assessing SDG 5 in the International Context," Administrative Sciences, MDPI, vol. 12(2), pages 1-22, March.
    3. Shrestha, Gitta & Pakhtigian, Emily L. & Jeuland, Marc, 2023. "Women who do not migrate: Intersectionality, social relations, and participation in Western Nepal," World Development, Elsevier, vol. 161(C).
    4. Hunter, Benjamin M. & Murray, Susan F. & Marathe, Shweta & Chakravarthi, Indira, 2022. "Decentred regulation: The case of private healthcare in India," World Development, Elsevier, vol. 155(C).
    5. Janina Ribelienė & Jūratė Macijauskienė & Rasa Tamelienė & Aušrelė Kudrevičienė & Irena Nedzelskienė & Aurelija Blaževičienė, 2022. "Factors Relating to a Safety Culture in the University Perinatal Center: The Nurses’ and Midwives’ Perspective," IJERPH, MDPI, vol. 19(16), pages 1-10, August.
    6. Miriam Marcén & Marina Morales, 2021. "The intensity of COVID‐19 nonpharmaceutical interventions and labor market outcomes in the public sector," Journal of Regional Science, Wiley Blackwell, vol. 61(4), pages 775-798, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Habibi, Fateh & Abdul Rahim, Khalid & Chin, Lee, 2008. "United Kingdom and United States Tourism Demand for Malaysia:A Cointegration Analysis," MPRA Paper 13590, University Library of Munich, Germany.
    2. Siti Sabrina Imji Rahim & Mohd Ikbal Mohd Huda, 2024. "National Security Council (NSC) Role in Managing the Covid-19 Pandemic: Effectiveness, Domestic Political Interference and Coordination of Inter-Agency and Central/State NSC," Journal of Public Administration and Governance, Macrothink Institute, vol. 14(1), pages 132151-1321, December.
    3. Fateh Habibi & Hossein Abbasinejad, 2011. "Dynamic Panel Data Analysis of European Tourism Demand in Malaysia," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 16(2), pages 27-41, spring.
    4. Shengrui Zhang & Linsheng Zhong & Hongrun Ju & Yingjie Wang, 2019. "Land Border Tourism Resources in China: Spatial Patterns and Tourism Management," Sustainability, MDPI, vol. 11(1), pages 1-20, January.
    5. Subramaniam, Thirunaukarasu & Devadason, Evelyn & Sundararaja, Sivachandralingam, 2013. "Cross-Border Shopping: Examining Motivations from the Perspective of Bruneian Visitors in Limbang, Malaysia," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 47(1), pages 21-30.
    6. Siti Sabrina Imji Rahim & Shahrizal Saad & Ravichandran Moorthy & Mohd Ikbal Mohd Huda, 2023. "Border Security Crisis in Malaysia and its Impact on the National Economy," Business and Economic Research, Macrothink Institute, vol. 13(4), pages 39-58, December.
    7. Thrane, Christer & Farstad, Eivind, 2011. "Domestic tourism expenditures: The non-linear effects of length of stay and travel party size," Tourism Management, Elsevier, vol. 32(1), pages 46-52.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eur:ejesjr:130. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Revistia Research and Publishing (email available below). General contact details of provider: https://revistia.com/index.php/ejes .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.