Forex is the largest, most liquid market on the planet. That size and scope creates unique challenges regarding market regulation. How do you regulate a market that is trading 24 hours a day, all over the world? There is no centralized body governing the currency trading market; instead, several governmental
- November 24, 2020
In forex trading, currencies are always quoted in pairs – that’s because you’re trading one country’s currency for another. The first currency listed is the base currency The value of the base currency is always 1 The Bid and the Ask Just like other markets, forex quotes consist of two
- November 24, 2020
Breakout Identify when a trend might be forming.When consolidation happened, markets sometimes range between bands of support and resistance. A breakout is when the market market moves beyond the boundaries of its consolidation, to new highs or lows. Usually breakout will occur first before a new trend occurs. Therefore, seen
- November 24, 2020
Commodity Prices and Currency Moves When trying to distinguish the relationships between certain commodities and currencies around the world it helps to realize that situations can change and the relationships are fluid. However, there are some time-tested relationships that have been established over the years that may continue to hold
- November 24, 2020
Trading forex can be a rewarding and exciting challenge, but it can also be discouraging if you are not careful. Whether you’re new to forex trading or an experienced veteran, avoiding these trading mistakes can help keep your trades on the right track. 1. Not Doing Your Homework Currency pairs
- November 24, 2020
What Is Liquidity? Liquidity refers to how active a market is. It is determined by how many traders are actively trading and the total volume they’re trading. One reason the foreign exchange market is so liquid is because it is tradable 24 hours a day during weekdays. It is also
- November 24, 2020
