The FX market is an inter-bank or inter-dealer network first established in 1971 when many of the world’s major currencies moved towards floating exchange rates. It is considered an over-the-counter (OTC) market, meaning that transactions are not conducted on an exchange like some equity stock markets such as the New York Stock Exchange (NYSE) or [...]
Forex trading is all about currencies exchange from one person to another with a certain price. When investing in Forex, the game is about gaining profit through selling of currencies at higher price and buying currency at a lower price thus earning profit. So far, there are many investors involved in Forex trading as Forex [...]
7 Winning Strategies for Trading ForexMany traders go around searching for that one perfect trading strategy that works all the time in the global FOREX (foreign exchange/currency) market. Frequently, they will complain that a strategy doesn’t work. Few people understand that successful trading of the FOREX market entails the application of the right strategy for [...]
This article is for the traders who want to make some bucks from forex trading. Before you learn more about forex trading, out of 10 traders 7 persons keep losing money in this market; and the rest work freely from their house and earn millions. Rest 30% might be those with insider news, or those [...]
There are many varieties in ForexIn Forex trading, there are more than 30 currency pairs traded and most of the trading volumes are concentrated in about half of those. This is more than enough currency pairs to give you choices in which currency pairs to trade and help you make lots of money if you [...]