Basic Forex
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Cashing in on price movements

Trading Forex is an exciting adventure. The market is always on the move, and every tiny shift in currency rates can mean a profit of hundreds and even thousands of dollars!

Let's demonstrate how that can happen:

Forex trading is always done in pairs, since any trade involves the simultaneous buying of a currency and selling of another currency. The trading revolves numerous currency pairs.

In general, the eight most traded currencies on the Forex market are:


USD U.S. Dollar
EUR Euro
GBP British Pound
JPY Japanese Yen
CAD Canadian Dollar
CHF Swiss Franc
NZD New Zealand Dollar
AUD Australian Dollar




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Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don't trade with money you can't afford to lose.
 
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