FOREX TRAINING AND TRADING
Forex training and trading course by which I furthermore describe forex.
that teach you what is FX and buying and selling terms even many more topics.
Buying and Selling Terms
Common Currencies Traded & ISO Codes with Training
Introductioin of Currency Pairs.
Prominent Order of Currencies.
Major Currency Pairs in Forex Training
Cross Currency Pairs
First of all I will describe all above my topics with my different professional Forex training videos with my youtube channel.
and my own site you keep in mind that they are pre-basic videos if you like to do the forex trading.
then you have to learn it from basic to professional thoroughly otherwise it is very riskiest business either.
So FX is stand for Foreign Exchange market while we buy one country’s currency with another country’s currency.
And mainly we trade currencies, stocks, bond even crypto-currency in this forex market hence question arise in mind that how can we make profit and loss?
So Such Answer is very simply that we make profit on small change in the exchange rate.
Suppose Today current exchange rate is GBP/USD = 1.3300 if It change from 1.3300 to 1.3305.
So it mean we got 5 pips and this very small change make me profit and loss and if I put 1 lot of mini position.
and it comes 5 pips in favor then I got 5$ but if it comes 5 pips against then I will go 5$ for loss.
HOW DOES FOREX TRADING WORK
Actually as currency pair is buying by more people that become less available and that remaining become more in demand then price goes up.
And little demand more supply then price goes down that is called How Forex Trading work and prices up and down by Demand and Supply.
Forces so keep in mind that there is no gambling and no guessing just using charts to analyzing the market through technical and fundamental analysis.
WHAT ARE BUYING 7 SELLING TERMS
Therefore these are words that used for analyse chart with position of market direction.
if market goes up then we use long and if it goes down then we use Short so now more details such words that you must know.
WHAT TERMS USE FOR BUYING MARKET
Buying / Buy
Bull / Bullish
WHAT TERMS USE FOR SELLING MARKET
Selling / Sell
Bear / Bearish
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