Currency traded as pairs..
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    Lightbulb Currency traded as pairs..

    when we buy or sell a currency through a broker or dealer you are trading in pairs and the "pairs are made up of two currencies for example you have the pair of EURUSD which is the EURO and US Dollar. When you buy the EURUSD you are buying the EURO and Selling the US Dollars if you are buying you think EUR is strong compared to the US dollar.

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    Rookie mohamed reda's Avatar
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    it is nice to see a topic like this .any beginner trader do not have enough knowledge about this business .so we must make new topics like this topics to share our experience for all beginner traders. yes you are right this mean how Forex market is working .

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    Forex trading is done in pairs. It involves the buying and selling of different currencies. A traders aim is to predict the future market movement by analyzing the Forex market using charts and studying indicators. A trader earns profits if his analysis and predictions turn correct or else lose money.

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    Yes forex trading business is directly related to the foreign exchange market where we buy and sell the currencies of differ countries its a pure money making business thanks friends for sharing about the business of the forex its surely help many new forum member and they will able to know deeply about forex

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    Rookie martyn's Avatar
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    in the forex currency pair is now very diverse, starting from the major partner to dozens of couples and couples exotic crosses. may seem a currency pair in forex is completely customizable as well with real-world currency exchange

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    I do open trades when I find a suitable opportunity after relying on technical analysis and also fundamental analysis and follow-up and a News powerful that could affect the orders and there is no trader in the Forex market does not depend on strategy or analysis until the opening trades and trades randomly shared with gamble

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    Quote Originally Posted by amrmorasamir View Post
    I do open trades when I find a suitable opportunity after relying on technical analysis and also fundamental analysis and follow-up and a News powerful that could affect the orders and there is no trader in the Forex market does not depend on strategy or analysis until the opening trades and trades randomly shared with gamble
    Forex is nothing but involves the buying and selling of different currencies. A traders aim is to predict the future market movement by analyzing the Forex market using charts and studying indicators. A trader earns profits if his analysis and predictions turns correct or loses if they turn wrong.

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    One thing i will like you all to understand is that; you cannot trade forex if there is no pairing in the market. The market was established because of the fact that traders can pair one or tow trdaing currencies together, that is why it is called foreign exchange. And this is best if the trader knows it rightly.

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    Quote Originally Posted by cozard007 View Post
    One thing i will like you all to understand is that; you cannot trade forex if there is no pairing in the market. The market was established because of the fact that traders can pair one or tow trdaing currencies together, that is why it is called foreign exchange. And this is best if the trader knows it rightly.
    Forex trading is nothing but the buying and selling of different currencies. A traders aim is to predict the future market movement by analyzing the Forex market using charts and studying indicators. A trader earns profits if he has the skills and knowledge to analyse the markets properly and make correct trading decisions.

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    Rightfully said,currency pairs or in order words quoted as single currency which is a merger of two currency to form a single price in accordance to its international market value or foreign exchange,and retail trading which is what we do has given us the opportunity to tap into this market.

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