PDF Title | : | Master The Skill To Successful Chart Analysis |
Author | : | Kelvin Lee |
Language | : | English |
Publisher | : | Independently published |
Format | : | |
Total Page | : | 47 Pages |
PDF Size | : | 1.66 MB |
PDF Link | : | Read and Download |
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“Forex is the short form for the word “Foreign Exchange” and this actually means the buying and selling of international currencies. In forex, you are actually buying a country currency and at the same time selling another country currency.
Currencies are always traded in pairs like Euro/US dollar always known as EUR/USD pair or US dollar/Japanese Yen always known as USD/JPY pair.
Let’s take the EUR/USD pair for example; when you are buying EURO, you are actually selling the US dollars in exchange for the EURO dollars.”
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