- FOREX MARKET:
The forex market is a valued market space with financial activities running on 24/7 hours daily.
Getting real education about the FX market can spice your skills, if you have the skill as a forex trader.
Newbies should get educated enough before opening live accounts most brokers provide Demo account for newbies.
As a beginner you need a better understanding of the markets. Demo account is a practical tool you need during the learning process. Get one and start learning.
WHAT IS FOREX:
Forex is short for foreign exchange – the transaction of changing one currency into another currency. This process can be performed for a variety of reasons including commercial, tourism and to enable international trade.
WHAT IS FOREX TRADING:
Forex trading is the process of speculating on currency prices for profit.
Currencies are paired so that trading is possible. Currencies are traded in pairs, which results to exchanging one currency for another, a trader is speculating on whether one currency will gain value or lose value against the other.
- How To Participate In The FOREX Market
FOREX MARKET PLATFORMS AND TOOLS:
Trading Platform For Retail foreign exchange speculative traders.
Brokers
You should always choose a licensed, regulated broker that has a minimum of five years experience. These brokers will offer you peace of mind as they will always be serious with funds protection.
How To Start:
You can start by finding a reliable broker and use their platform
FOREX TRADING STRATEGE:
List of Trading Strategy
- -The Crab harmonic pattern
- -The moving average trading strategy
- -The Fibonacci retracement strategy
- -The Butter fly harmonic pattern
- -The ABCD harmonic pattern strategy
- -The Cypher strategy
- -The heads and shoulder.
- GETTING ON DEMO:
- It is advisable to start with a DEMO trading account. This will help you understand the forex market environment better before going LIVE.
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