What is traded in Forex market? The answer is simple: All participants of the market buy one currency and pay another one for it. Each Forex trade is performed by different financial instruments, like currencies, metals, etc.
Foreign Exchange market is boundless, with the daily turnover reaching trillions of dollars; transactions are made via Internet within seconds.
Major currencies are quoted against the U. The first currency of the pair is called base currency and the second one - quoted. Currency pairs that do not include USD are called cross-rates.
Forex Market opens wide opportunities for newcomers to learn, communicate, and improve trading skills via the Internet. This Forex tutorial is intended for providing thorough information about Forex trading and making it easy for the beginners to get involved. Any activity in the financial market, such as trading Forex or analyzing the market requires knowledge and strong base.
Anyone who leaves this in the hands of luck or chance, ends up with nothing, because trading online is not about luck, but it is about predicting the market and making right decisions at exact moments. Experienced traders use various methods to make predictions, such as technical indicators and other useful tools.
Nevertheless, it is quite difficult for a beginner, because there is a lack of practice. That is why we bring to their attention various materials about the market, trading Forex , technical indicators and so on so as they are able to use them in their future activities.
Here they can find out who are the market participants, when and where everything takes place, check out the main trading instruments and see some trading example for visual memory. Additionally, it includes a section about technical and fundamental analysis, which is an essential trading part and is definitely needed for a good trading strategy.
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Trading Forex Any activity in the financial market, such as trading Forex or analyzing the market requires knowledge and strong base. Interested in CFD Trading? Education Introduction to Trading About Forex. Forex Trading Books Video Tutorials. Trade from anywhere with our mobile platforms. Qualified online support in 18 languages,round the clock. Daily financial analysis from our experts. Minor Outlying Islands U.More...