foreign exchange currency trading

It mainly has three branches: US, Asian and European. Learning Forex trading basics means understanding those markets. The main currency on each market trades most during the time the market is opened. For example, EUR pairs would have biggest volumes during the time the European market is opened. Trading is done in so called lots from 1,000 to 100,000 units. FX is not like commodities or stocks that can be traded individually. They are traded in pairs EUR/USD, USD/GBP, etc. This is why the types of products you can trade are rather limited, as about 18 currency pairs are available for trading. Out of those 18, only a few are most traded among them USD, EUR, GBP, AUD and JPY. Risk warning: Trading Forex foreign exchange or CFDs contracts for difference on margin and with other financial instruments carries a high level of risk and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment.

exchange rates of currencies

First of all, this is a 24/5 market.

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But it is important to realize that the strategy is actually useful for all types of traders, from swing traders to day traders, but even intra day traders can benefit from the knowledge.

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Automated software can actually make you a lazy trader.