Forex is the only trading market that is open and operating 24 hours a day, every day of the year. It used to be dominated by major institutional firms and large banks, which acted on behalf of clients. However, since Forex trading became available on the internet, traders and investors o...
There is a long list of terms that traders use, but we don't want to bore you with the details. Here are the main ones that you need to know to get started: Currency pair:The two currencies that you trade against each other in Forex trading. For example, the EUR/USD (Euro vs US...
What is forex? Quite simply, it’s theglobal financial market that allows one to trade currencies. If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit. Once upon a time, before a global pandemic happened, people could actually...
The forex or the foreign exchange market is the biggest and the most liquid financial market in the world. Dwarfing other markets in size, including the stock market, the forex market has an average traded value of around $5 trillion per day – a figure that’s constantly on the rise. Cu...
a buy order on the EUR/USD pair, using some forex magic. Once the Euro rises against the U.S. dollar, you sell your lots and end up with a lot more than the $3,000 you originally started with. On the other hand, if your conclusion is that the EU economy is about to take a ...
Your Guide to Forex! Everything you need to know is here, from choosing the right Forex broker to Strategies, Robots and Indicators. Learn if Forex trading a good choice for you or not…
the FOREX market is active 24 hours a day and dealers at major institutions are working 24/7 in three different shifts. Clients may place take-profit and stop-loss orders with brokers for overnight execution. Price movements on the FOREX market are very smooth and without the gaps that you...
Forex Leverage Example How does Leverage Work Account balance is $1000 with 1:100 leverage. You have decided to open a buy position with EURUSD pair with a volume of 10.000. The position is opened at price 1.0950. Stop Loss order is set at 1.0850 price. The required margin for this posi...
A buy stop order is most commonly thought of as a tool toprotect against the potentially unlimited lossesof an uncoveredshort position. An investor is willing to open that short position to place a bet that the security will decline in price. If that happens, the investor can buy the cheape...
forex trading is about capturing the changing values of pairs of currencies. For example, if you think the Euro will increase in value against the U.S. Dollar, aspeculatormight buy Euros with Dollars. If the Euro's value rises on a relative basis ...