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Forex (foreign exchange) or FX trading is a global market where traders can exchange different national currencies. They are always traded in pairs and in each currency pair one is a 'base currency' and the other one is a 'quote currency'. ...
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Just as with the stock market, you can engage in both short-term speculation and long-term investing on the FX market. Swing trading is a popular form av extremely short-term trading on the FX market, where traders try to utilize rapid swings in the currency price to make a profit. ...
With multiple years of background ofonline tradingequities and futures, quite a lot looked familiar. Yet on the other hand, the differences where big enough that, in retrospect, I probably didn't really know what I was doing. Apparentlycurrency tradingon the spot market is not quite the same...
On the FX market, currencies are traded in the form of currency pairs. Examples of commonly traded pairs are EUR/USD, GBP/USD and USD/JPY. Some trading platforms will use the format “EUR/USD” while others prefer the “EURUSD” model. They both mean the same thing; it is just two ...
The foreign exchange market, commonly referred to as the forex or FX, is the global marketplace for the trading of one nation's currency for another. The forex market is the largest, most liquid market in the world, with trillions of dollars changing hands every day. It has no centralized...