Education of currency trading for beginners, what we call the Forex or the global currency trading market is the largest market in the world.
It is the trading market that many, many clients and brokers join, which provides an opportunity for clients to participate in the Forex market, which has the largest financial liquidity ratio that exceeds the major global stock exchanges.
As it is trading 4 trillion US dollars per day thanks to being a decentralized market that anyone in the world can trade in and it is in place only through the connection via a computer connected to the Internet.
And because many beginners and even large investors do not know much about the Forex market, which is an excellent investment market that is covered by many.
In these lines, we help you gain trading skills if you want to know everything about Forex.
How to invest your money in it, how it works, when and where
You are in the right place, here are a few lines all you need to know about the Forex market.
What is the Forex market - the currency trading market
It is a market dedicated to trading using international currencies only
Anyone can trade it through a broker
Brokers are always companies that allow you to participate in the global Forex market and support the service in exchange for a subscription
But you must know that you have a greater chance of success when you subscribe through a large company with experience in the currency trading market.
This is because subscribing through "corporate" brokers is not just a subscription, and your connection to the company will be interrupted after that
Rather, these companies compete to provide the best service to the Forex market around the clock
This enables you to know the market situation and the most appropriate time to trade thanks to the company's experience, analysis and advice it provides.
If this is the first time that you hear about the Forex market and want to invest and trade in major global markets
You are on a date with the largest opportunity to benefit from offers and discounts by brokerage firms
Thanks to every company’s endeavor to offer great offers, discounts and encouragements to customers and new subscribers
This is what you can benefit from by making sure to choose a strong brokerage company.
When does the Forex market work?
You can trade in global currency currencies throughout the twenty-four hours on any day of the week except for the Forex holiday of Saturday and Sunday.
How to trade in the Forex market - teach currency trading
Do you know how to trade on the Forex market?
Once you subscribe to a broker, you are able to trade global currency currencies
Where the market is based on trading currency for currency in order to make a profit.
And you can trade currencies and profit from them by trading currencies in pairs and the euro - dollars
It is the most currency pair being traded, with the percentage of euro-dollar trades reaching 80% of the trading volume
With trading in other currency pairs comes at 20% for each of the currency pairs EUR - Japanese yen, US dollars - Japanese yen / Canadian dollars - Euros, US dollars - Swiss francs, pounds sterling - US dollars ... etc.
And the way of trading in currency pairs is based on the purchase or sale of a currency in exchange for a currency
For example, when you expect the pound to rise against the US dollar, you should buy sterling
While you expect the US dollar to rise against the British pound, you should sell the British pound against the US dollar
By doing so, you turn towards the market that the Forex market is heading towards, which increases your trading opportunities and profit.
Trading areas in the currency exchange market in the Forex market extends to the commodity trading market
Such as psychological minerals, such as gold, diamonds, silver, and platinum, and extends to trading in the oil field.
Currency trading for beginners 2019 | The easiest 4 currency pairs to trade
Learning to trade currencies for beginners seems like the most difficult work in the world, but it is easy and easy for experts.
The reason for this is due to the fact that the beginner does not understand the movement of the market and, accordingly, he moves according to his emotions, his fear of losses, and tinges him with profits.
But currency trading for beginners is not supposed to be difficult as some belief and the secret to that is due to the ability to learn everything related to the foreign exchange or Forex market.
We review in the following the easiest four pairs of global currencies, which are the easiest for currency trading for beginners PDF to profit from because their movements are non-violent and the profits in them are good.
First pair: Australian dollar pair against the Singapore dollar
The Australian dollar versus the Singapore dollar is one of the easiest currency pairs to trade. The reason for this is due to the fact that the ups and downs of this pair are smooth, flexible and not sudden, as is the case with other pairs in the foreign exchange market, such as the Canadian dollar against the US dollar.
The second husband: the Brazilian real against the Turkish lira
The Brazilian real against the Turkish lira is one of the best and smoothest currency trading pairs in the world, even though both countries are not completely stable economically or even politically. But this strong pair does not make sudden moves as is the case with other currency pairs in the market.
The third husband: the British pound pair against the Swedish krona
Perhaps the freezing cold in the north of the European continent is the reason behind the stagnation of this pair's movement! But the truth is that the pair of pounds sterling against the Swedish krona! It is one of the easiest foreign currency pairs to trade! And profit in it is almost a matter! If the trader adheres to the technical analysis tools available to him.
Fourth pair: Euro versus the Japanese Yen
Both of these economic blocs are stable countries! And the owner of modest growth as the number of elders in these countries exceeds the number of boys! This is what gives the economy a kind of stagnation and lack of movement.
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