Fx Currency Pairs - Major, Minor, Crosses, Exotic

What Are Forex Currency Pairs

Now that we have taken a good look at What is Forex, Training, Software, Trading Times and Analysis, we need to understand what it is that we are actually trading. We should by now have understood that we are Trading Money. Now we need to understand how that money is displayed in a typical foreign exchange market.

Currency is generally an accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and services, currency is the basis for trade.

Technical and Fundamental Forex Analysis

Various Types of Forex Analysis

Forex Analysis
In this article we will be looking at the various forms of fx analysis with two main categories that most traders pay attention to. They are Technical Analysis and Fundamental Analysis.

This is the juice that keeps forex traders alive. The more you understand the value of analysis, the better a trader you should become in due time. It is a general fx newbie mistake to ignore these but it is often at their own peril. There are literally hundreds of books covering forex analysis, so if in doubt, pick one up.

Free Web Forex Trading Training For You

FX Training For You, The Newbie

Forex Trading TrainingAs with all things, knowledge is power. This applies to Forex too. So far I have covered some of the essentials to get you to understand trading and in particular Forex Trading.

So far on this website, I have covered:-

  • What is Trading - A beginners intro guide explaining trading with emphasis on Forex (Fx) Currency Trading.
  • Trading Hours - What times are the markets open, best times to trade and the benefits of 24 hour forex trading. 
  • Trading Software - The tools necessary for currency traders to execute their trades either manually or automatically.

Download Forex Trading Software Platforms

The Right Forex Trading Software For You

Forex Trading SoftwareWith one of the most Liquids Markets in the World - FX Trading, you almost certainly need nothing less than the best trading software to give you the best possible chance of success at becoming a forex pro.

We all know that a glider plane can fly without an engine, but I guess you wouldn't dream of flying one to the moon or even across oceans. That would be plain silly. A Rocket Scientist is not required to explain that it is important to use the right tools for the right job when it comes to Currency Trading. We are Dealing With Money!

What are The Best Forex Trading Times

24 Hours Forex Trading

Trading TimesIn the world of Forex (Fx) Currency Trading we are at a major advantage in terms of trading times and I will illustrate. 

A question I hear a lot with new traders to the forex world is: "What are the main Forex Trading Hours?" or "What is the Forex Trading Schedule?"

What is Trading - Learn Forex (Fx) Markets

What is Trading?

Forex Trading
This is a question I get a lot: "What is Trading?" and "Who is a Trader?"

Trading is the act of engaging in trade and a Trader is one who Buys and Sells Goods, Currency, or Stocks. Trade can also be defined as the transfer of ownership of goods and services from one person or entity to another by getting something in exchange from the buyer.