Category: Forex

Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit.

Foreign exchange (FOREX) refers to the market where currencies are traded, currencies are traded in pairs because if you want to buy one currency then you have to sell another currency. Therefore if one currency weakens this means that another currency must be strengthening against it. Consider the FOREX market like a see saw, whenever one currency weakens another must strengthen against it. This strengthening and weakening of currencies is related to economic indicators, rate of inflation, interest rates, current account balance etc and this presents investors with an opportunity to make profits by speculating on the movements in the FOREX market.

In order to be able to make profits from the movements in the FOREX markets, the investors have to be knowledgeable and know the intricacies of the market. So, this requires a degree of experience in the market. For a keen eyed investor, the market conditions and other factors which have been mentioned above, indicate the movements which are about to occur in the value of currencies and this allows the investors to make speculative moves to buy or sell the currencies to profit from the short term changes in the value of currencies.

Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. While this could be interpreted to mean that about one in three traders does not lose money trading currencies, that’s not the same as getting rich trading forex.

0 - 500
0
500

Forex Trading Journal: FX Trade Log And Technical Analysis For Currency Market Trading (Candlestick Chart) (120 pages) (6 x 9 inches Large)

Forex Trading Journal: FX Trade Log And Technical Analysis For Currency Market Trading (Candlestick Chart) (120 pages) (6 x 9 inches Large)

120-page 6×9 inch Forex trading log and trading journal for foreign currency traders.Successful Forex traders create and refine clearly defined trade entry and trade management rules for trading. This forex journal is a simple, convenient place to record the specific details of your trading methodology, goals, and trade history.By writing and regularly reviewing your own…

VOLUME PROFILE: The insider’s guide to trading

VOLUME PROFILE: The insider’s guide to trading

Institutions move and manipulate the markets. That’s why you need to learn to think and trade like an institution. For more information about my style of trading visit: https://www.trader-dale.com/ In this book you will learn: • How to work with Price Action • Price Action strategies that you can immediately put to use • How…

Make Money from Home: Profitable Passive Income Ideas. This Book Includes: Dropshipping, Amazon FBA, Online Marketing, How to Swing Trade, Options Trading for Beginners, Forex Trading Strategies

Make Money from Home: Profitable Passive Income Ideas. This Book Includes: Dropshipping, Amazon FBA, Online Marketing, How to Swing Trade, Options Trading for Beginners, Forex Trading Strategies

These Six Ways To Make Money From Home in 2020 Will Make You RICHAre you…✓ a nine-to-five employee who’d like to break free and become your own boss?✓ a parent striving for work-life balance?✓ a broke college student with the shadow of student debt looming over your head?✓ an aspiring entrepreneur who doesn’t have a…