How to trade currency
Currency Exchange, Forex, FX – these are all terms used to describe the exchanging of one currency for another; for example, the exchanging of U.S. Dollars to British Pounds. In the foreign exchange market, this is viewed as buying pounds while simultaneously selling dollars. Because two currencies are always involved, currencies are traded in the form of currency pairs, with the pricing based on the exchange rate offered by dealers in the forex market.
Table of Contents
- Lesson 1: A Brief Introduction to the Currency Market
- Lesson 2: The Benefits of Trading Forex and Market Participants
- Lesson 3: Currency Trading Conventions - What You Need to Know before Trading
- Lesson 4: Making That First Trade
- Lesson 5: A Primer to Fundamental Analysis
- Lesson 6: An Introduction to Technical Analysis
- Prologue: A Final Word