What is Forex? Forex Trading Explained

The foreign exchange market, or forex (FX) for short, is a decentralized market place that facilitates the buying and selling of different currencies.

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What Are We Trading?

“…When money flows into a currency, it strengthens, and when money flows out of a currency, it weakens.” When we

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What is a Pip? Using Pips in Forex Trading

WHAT ARE PIPS IN FOREX TRADING? “PIP” – which stands for Point in Percentage – is the unit of measure

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How to Read Currency Pairs: Forex Quotes Explained

This article covers the most important aspects of a forex quote that all traders must know – including top tips on how to read a currency pairs.

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Currency Names and Symbols

As you may have noticed, the symbols (abbreviations) for all currencies have three letters. The first two letters denote the

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Understanding The Forex Majors pairs

Foreign exchange rates are quoted in pairs
The Majors, refer to actively traded Forex currencies
Major Pairs reference major currencies coupled with the USD

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All About Currency Crosses

The majority of these pairs are created using the G-8 currencies listed below which are then divided into two classifications, Major Pairs and Cross Pairs.

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How and When to Buy or Sell in Forex Trading

When it comes to buying and selling forex, traders have unique styles and approaches. This is because the forex market

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The History of Forex

Forex trading, which is the act of exchanging fiat currencies, is thought to be centuries old – dating back to

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Interest Rates and the Forex Market

There’s a strong correlation between interest rates and forex trading. Forex is ruled by many variables, but the interest rate

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