Forex Education 2: Introducing Forex Basics

Forex is the world’s largest financial market, having a volume in trades of more than 4 trillion dollars daily. Wow! The New York Stock Exchange has 25 billion dollars only a day. Forex is almost 160 times bigger! Even with the stocks and futures markets combined amount, Forex is still 3 times bigger. Wow-wow! Forex trading involves money, nothing more. Oh, and a speedy computer with fast...

Forex Trivia – Forex Currency Pairs

What is Traded in Forex? US Dollar by dungvinacosh from flickr.com Money is what traders trade in forex. Money is currency. One buys and another sells at the same time in forex; thus, currencies are traded in pairs. All trades in forex require the simultaneous buying one currency and selling another currency—but the pair is considered as one single unit that is used to perform forex...