All Is Forex About What
What is forex trading all about: the forex market: the forex market is nothing but a place where all the global currencies are traded freely. we all know that almost $5 trillion hands exchanges daily here. it is the single largest market and therefore it is the most liquid market in the world. The forex market is nothing but a place where all the global currencies are traded freely. we all know that almost $5 trillion hands exchanges daily here. it is the single largest market and therefore it is the most liquid market in the world. users often call it as the “fx market” and it’s longer version is “foreign exchange market”. All transactions made on the forex market involve the simultaneous purchasing and selling of two currencies. these are called ‘currency pairs’, and include a base currency and a quote currency. the diagram below represents the forex pair eur/usd (euro/us dollar), one of the most common currency pairs traded on the forex market. What is a pip? pip is one of the basic...