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What is Forex?

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What is Forex? – Trading Courses for Beginners What is forex? The foreign exchange market  ”also known as forex or the FX market ” is the world’s most traded market, with a turnover of $5.3 trillion per day. To put this into perspective, the U.S. stock market trades around $226 billion a day; quite a large sum, but only a fraction of what forex trades . Forex is traded 24 hours a day, 5 days a week across by banks, institutions and individual traders worldwide. Unlike other financial markets, there is no centralized marketplace for forex, currencies trade over the counter in whatever market is open at that time. Open a demo account How FX Trading Works? Trading forex  involves the buying of one currency and simultaneous selling of another. In forex, traders attempt to profit by buying and selling currencies by actively speculating on the direction currencies are likely to take in the future. Major Currency Pairs Forex is the most widely traded forex market in the

Talk About Forex Scalping Strategy

When we talk about Forex, scalping refers to the creation of a large amount of trades that individually yield small profits. With a scalping strategy, traders generally expect an expected profit of between 5 to 10 Pips per trade. In addition, traders can use a high lever to increase these profits. Make it clear that the lever can also increase any losses. What is the best scalp strategy? Determining whether a Forex scalping strategy  is appropriate will largely depend on the amount of time you are willing to invest in scalp trading. Best Scalper Forex The next important point is that you have the qualities to make decisions in a flash. To scalpe well, you can quickly predict where the market is going. Then, click here to open and close positions within seconds. That makes Forex scalping not easy. Once you’ve started scaling, practice a demo account first. Start with trades in general, try different strategies and make market forecasts. Scalper Forex