Free Forex Training
Forex Basics Part 1.
Forex is the largest financial market in the world. Daily trading volume exceeds $1.5 trillion. Comparing this to other financial markets such as equities at $50 billion daily trading volume, and the futures market at $30 billion in daily volume you can begin to realize the flexibility and infinite trading liquidity the FOREX has to offer. The FOREX is a 24 hour market. This means flexibility for you as a trader. This market never closes. You can always find good trading opportunities at your convenience. This is a 24 hour electronic online currency exchange.
Currencies are traded in pairs. Meaning when you buy one currency you are selling the cross currency. The position that you take long or short is indicative to how you think that pair will perform. For example, if you were to buy long USD/GBP, you are betting that the USD (US Dollar) will increase in value against the GBP (Great Britain Pound). You are actually buying the USD and simultaneously selling the GBP. If you were to go short on this pair you would be betting that the USD is going to decrease in value against the GBP. It can get confusing but fortunately the services that provide the trading platforms from which you will be placing trades will keep track of this for you. Everything is electronic and online, trading is done in real time. You can watch immediate results of all your trades. These are highly sophisticated programs tracking every movement in the currency market in real time.
Part 2 will focus more on currency pairs, trading platforms and charting software.
Articles compliments of skaDoogle.com
Free Forex Training
Other Interesting Articles
Since money is a necessity in life, you need to know how to earn money. Some people working for a company trade their services for money while others prefer putting up businesses to earn the money they ... [Read more]
Great Tips For Successful Forex TradingSimply knowing how to trade Forex and about the major currencies traded, like the US dollar, the Japanese Yen, and others are just the basics. Knowing when to trade and what to trade is equally essential to be successful in F... [Read more]
Keep Your Shirt On- Skirt Those Forex ScamsThe U.S. CFTC (Commodity Futures Trading Commission), which regulates futures and commodities trading, warns new investors to be wary of frauds and scams that promise huge profits from your investments, in and out of the Forex market. The CFTC has issued several Consumer Fraud Alerts in connection with foreign currency trading. They offer the following tips to help you avoid being sca... [Read more]
Foreign Exchange Market Is Different From The Stock MarketThe foreign exchange market is also known as the FX market, and the forex market. Trading that takes place between two counties with different currencies is the basis for the fx market and the background of the trading in this market. The forex market is over thirty years old, established in the early 1970's. The forex market is one that is not based on any one business or investing in any one business, but the trading and selling of curren... [Read more]
Choosing The Best Online Forex Trading SystemsBefore plunging in trading, you must know certain terms that are used in the market. One important term is the forex trading system. What it is all about, and what is its... [Read more]
|
|
"Forex Tips" - Google News10 Tips To Prevent Losing Money in Forex Trading ForexLiveThe ultimate guide to Forex in 2021 Luxury Lifestyle Magazine 13 years, 13 Trading Tips: Sharing Octa's Experience. Part 1 Forex Factory |
Free Forex Training
Avoiding Forex-related Frauds And Scams | Basic Introduction To Forex Trading | The Basics Of Forex Trading | Be A Forex Expert | The Benefits Of Trading The Forex Market | Benefits Of Using Forex Software | Beware Of The Typical Forex Trading Scam | Can You Afford To Invest In Forex? | Choosing A Forex Trading System | Choosing The Best Online Forex Trading Systems | Choosing The Right Forex Software For You | Comparing The Forex With Investing In Insurance | Emotional? Get Ready To Lose Your Shirt In The Forex Game! | Essential Training For Forex Traders | Forex, Trading Foreign Currency | Forex (foreign Exchange Market) | Forex Fundamental Analysis | Forex Trading-not Just For The Big Boys | Forex: Starting Your Own Trading | Factors That Affect Forex Trading | Finding Spectacular Gains From Forex And Shares | Five Forex Trading Tips You Must Know | Foreign Exchange Market Is Different From The Stock Market | Forex Trading: Make Forex Signals Work For You | Forex 101 - Foreign Currency Exchange Trading | Forex Basics | >> Forex Basics Part 1. | Forex: Benefits Of Trading The Forex Market. | Forex Course: A Quick Forex Guide For Traders | Forex Currency Trading - The Basics | Forex Currency Day Trading For Beginners. | Forex Currency Trading Explained | Forex Education: Youll Be Sorry If You Dont | Forex Trading - Finding The Best Time To Trade | Forex Trading Five Tips To Make Money Fast! | Forex For Absolute Dummies | Forex For Beginners Making Money From Currency Trading | Forex Trading: Good Opportunity Or Scam? | Forexhow Can I Put The Odds In My Favor? | Forex Trading: How To Get Started | Forex Trading: The Most Common Flaws | Forex Trading - The Next Hottest Home Based Business? | Forex: No Psychological Limitations | Forex Trading Psychology The Art Of Mind Control | Forex Robot Advantages | Forex Robot Myths | Forex Trading Strategies | Forex Trading Tips - Part 1 | Forex Trading - Should You Invest? | Forex Trading, Where Do Customers Go? | Forex Versus Futures Market - What Is The Difference | Forex Trading Vs. Futures What You Should Know | Forex Trading Vs. Futures What You Should Know | Forex Markets - Trading Internationally | Forex There Is No Sure Fire System | Forex Trading, What The Hype Is All About | Forge Your Forex Trading Strategy | Free Forex Software | Getting Started In The Forex (foreign Exchange) Market | Getting Started With Forex Trading | Great Tips For Profitable Forex Trading | Great Tips For Successful Forex Trading | How Forex Software Can Help You Make Amazing Results | How Not To Lose Your Shirt Trading Forex | How Safe Are Shares Or The Forex? | How To Improve Your Knowledge Of Forex | How To Learn Forex The Smart Way | How To Make Easy Money From Global Forex Trading | How To Make Money And Succeed In Forex Trading | How To Read Forex Charts: 5 Things You Must Know | How To Save Yourself From Forex Scam | How To Win At Forex | The Impact Of The Forex | The Impact Of Global Forex Trading | The Importance Of Forex Trading Signals | Investing In Foreign Currencies - The Forex | Is Forex Trading Right For You? | Is It Safe To Invest In Shares Or The Forex? | Its More Than One: Kinds Of Forex Robots | Keep Your Shirt On- Skirt Those Forex Scams | Key Benefits Of Online Forex Trading | Learn Forex Trading Online Tips | Learning Some Good Forex Trading Stragegies | Limiting Your Losses When Investing In Shares Or The Forex | Long Term Saving Versus The Forex | Looking To Jump Into Forex Trading? | Mm And Ecn: Making A Killing With The Right Forex Broker | Making Money In Forex | Why Is A Mentor Necessary To Succeed At Forex (fx) Currency Trading? (part Ii) | Mini Forex Trading What You Need To Know | More Than Just The Robot: Forex Trading 101 | Newbies: Forex Robots? | The Nuts And Bolts Of Online Forex Trading | On Line Forex Trading Tips | Practicing In The Forex Market | So You Made A Mistake In Trading | Strategy Of Forex Trading | Textbook Mistakes In Forex Trading | The Risks Of A Forex Robot | The Secret Behind Forex Robots | Things To Consider Before You Invest In Forex | Things You Need To Know About A Forex Robot | Things You Should Know Before Opening A Forex Account | Think Forex And Consider These Two Factors | Tips For Good Forex Trading | Tips When Choosing The Right Forex Robot | The Truth About Trading The Forex | Understanding Forex - #1 - What Is Forex? | Understanding Forex - #2 - Technical Analysis | Understanding Forex - #3 - Fundamental Analysis. | Understanding Forex - #4 - Money Management. | Understanding Forex - #5 - Compound Interest. | Use These 3 Simple Guidelines To Boost Forex Profits | Using Forex Automated Trading Systems | Using Forex Software To Earn Big Money | The Very Basics Of The Forex Market | What Are Forex Robots? | What Is An Online Forex Trading? | What Is Forex Technical Trading? | Whats The Difference Of Trading Mini Lots Vs. Full-sized Lots In Forex. | Whats Fibonacci Forex Trading? | What To Consider When Comparing Forex Brokerages | Which Forex Trading System To Choose? | Which Would You Rather Do: Forex Or Daytrading? | Who Are The Top Forex Chart Providers? | Who Is Participating In Forex Market Trades? | Why Get Into Forex Trading? | Why Forex? | Why Forex Trading Is So Popular | Why You Should Trade Forex Over Other Investments | Will Forex Trading Be Right For You? | Winning Strategies With Forex Charts | Would You Like To Forex Or Daytrade? | Yes, You Can Start Trading Forex For Free! | Your Forex Trading Philosophy | Your Guide To Successful Forex Trading