FOREX Market - In plain language

Forex - the market for exchanging currencies of one country to another

Let's analyze the main points in the Forex market on the example of the EURGBP currency pair

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Currency rates are proportions of currency units of different countries in relation to each other

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The aims which are pursued by every participant of the market. There are no buyers and sellers in the market

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Forex Quotation.
Currencies are always quoted in pairs, because in every currency transaction you simultaneously buy one currency and sell another.

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There are several types of analysis in forex and not only that, but basically in trading, but the most important ones are fundamental and technical analysis.

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What a professional trader should have in stock:

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Chart PatternsHarmonic PatternsTrend Analysis

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