Most Forex traders have a strategy or two that helps them win trades. What Is Forex? https://youtu.be/gNjmW-Ag3Hg https://youtu.be/75J5REFZNV8 https://youtu.be/ae1Ws0S2NDw https://youtu.be/A-0hW4mSSF4 https://youtu.be/YHLxliTRZyE https://youtu.be/fCDvfTg0Bpc https://youtu.be/6ZhL8YYWoag https://youtu.be/I8m32okva1E https://youtu.be/sZtNrUFdmh4 https://youtu.be/NKoE4WEr-b4 https://youtu.be/lJKOb32-3R8 https://youtu.be/qkG8pNf8R3w https://youtu.be/12zgBmYdzA8 https://youtu.be/Pfy6j3dPARo https://youtu.be/C0Fn8atPy-g https://youtu.be/kZiJ4dOhfUY https://youtu.be/h7CmweYVAKc https://youtu.be/aM_Z6ZV8SYM https://youtu.be/F0yvlOV6XLU https://youtu.be/lHYjRpgLB6M The foreign exchange market is the "place" where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. and want to buy cheese from France, either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the Egyptian pound, at the current exchange rate. The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world. It dwarfs other markets in size, even the stock market, with an average traded value of around U.S. $2,000 billion per day. (The total volume changes all the time, but as of August 2012, the Bank for International Settlements (BIS) reported that the forex market traded in excess of U.S. $4.9 trillion per day.)
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