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industry accounts for around 5 of the total daily turnover of the market,.e., for around 250 billion. For example, if the euro. Hier erfährst du mehr zu den Personen, die die Seiten verwalten und Beiträge darin posten. Currencies are traded in pairs and the exchange rate reflects the price of the first currency (base currency) expressed in terms of the second currency (counter-currency).
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In other words, a certain price pattern that worked great in the past should work equally good in the future. Beside the major currencies mentioned above, there are also dozens of other currencies which are not as heavily-traded as the major. Its pretty easy to start trading on Forex. Without proper market analysis, trading would resemble gambling. The majority of all Forex trades are executed during the New York and London session, especially when these two sessions overlap for a few hours every day. One of the most popular trading platforms is the MetaTrader platform, so make sure that your broker offers that platform as it also involves great online support from millions of traders worldwide. Currencies cant be traded on their own, but they need to be paired with another currency to form a currency pair. It's also worth mentioning that all currency pairs that include the US dollar and one of the remaining seven major currencies (as either the first or the second currency in the currency pair) are called major pairs. Weitere Informationen zu unseren Cookies und dazu, wie du die Kontrolle darüber behältst, findest du hier: Cookie-Richtlinie. Just like stock trading, Forex trading requires a lot of experience accumulated through trial and error to learn what works and what doesnt in currency trading. Lets start with the most basic question what is Forex?
Making money off the Forex Markets is Easy, with the right tools, info and team! Turn your mobile phone into an ATM. Typically replies within a few hours. Contact Forex Trading For Dummies on Messenger.
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