Forex (foreign exchange) refers to the foreign currency exchange market, the worlds largest financial trading market. Pass yourself as a forex expert with these buzz words:
Bid to buy
Ask to sell
Liquidity financial ease of transaction, i.e. cash
Trading volume the amount traded
Bid/ask spread the difference between the proposed buying price and the [...]
Forex, also known simply as the “FX,” is the commonly accepted abbreviation for the over-the-counter foreign exchange market. The forex market is the largest financial market on earth. Forex exists on a 24-hour-a-day global network that spans corporate, banking, and individual interests. There is no central trading floor. Currency is traded around the world and [...]
Have you heard about FOREX? How currencies are traded?
When you think about Forex, what do you think of first? Which aspects of Forex are important, which are essential, and which ones can you take or leave? You be the judge.
Lets talk about FOREX and advantages of FOREX trading.
The good thing about FOREX is that [...]
If you want to make big profits from currency trading, you need to lock into and follow the longer-term trends.
The art of contrary thinking is one of the most powerful tools a trader can use, and is a trait with which all true great traders are familiar with.
What is the Art of Contrary Thinking?
Humphrey Neills [...]
Foreign exchange (forex) currency trading, the largest financial market in the world, requires a minimum of capital to invest and the profits can be substantial. Once you have learned the basics of forex, youre on the way to making money through the simultaneous buying or selling of currencies. Forex trading is instantaneous; as soon as [...]
Foreign currency exchange trading can be very rewarding, but can also be very intimidating to a beginner. To get started, you will need to know some basics:
1. What is foreign currency exchange?
2. How is it traded?
3. What are the benefits?
4. What are [...]
How To Start Trading The Forex Market? (Part 5)
What are *PIPS* ?
Currencies are traded on a price/ point (pip) system. Each currency pair has its own pip value.
When you see a FOREX price quote, you’ll see something listed like this:
EUR/USD 1.2210/13
Explanation:
a) If you want to BUY the EUR/USD ( meaning you BUY EUROS [...]