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Who Controls The Forex Market ?Many people think of the Forex Market when it comes to investing in new opportunities to make a side income. However, there is still one question that both beginners and expert traders have in mind:…
Overview Day trading, also known as intraday trading, has many benefits. The most obvious one is that trading positions are not affected by news that could negatively affect their value. Another is the ability to protect positions through tight stop-loss…
The euro is the basic currency (the first in the pair, i.e. the one you buy or sell). USD is a counter currency (second in the pair)
A lot is a transaction unit on the market. One standard lot contains 100,000 units of base currency. For example, one standard lot of EUR/USD equals 100,000 EUR. Please note that on Cent accounts you trade cent lots, where one…
A Market maker or a liquidity provider is a company or an individual that provides buy and sell prices for a financial instrument or commodity seeking to make a profit on spread or whole trade turn.
The most traded currency pairs in the world are called the Majors, such as EUR/USD, GBP/USD, USD/JPY, USD/CHF, etc. They involve the following currencies: euro, US dollar, Japanese yen, pound sterling, Australian dollar, Canadian dollar, and the Swiss franc. www.iwinchart.com