Bid Ask Spread – Free Forex trading course for beginners – Part 11
Today, we will continue our journey in the forex world. In the previous two posts, we understand the definition of both forex pips and bid/ask quotes. Now, we are going to discover the meaning of the Bid/Ask spread. Simply, the bid-ask spread is the difference between the bid price and the ask price. Let’s take [...]
Bid Ask Quotes – Free Forex trading course for beginners – Part 10
Currently you should fully understand what are forex pips and what is forex price quotes, but you should know that there are always two prices for the same forex currency pairs. The first price is called “Bid Price” which means how much the market will pay any seller for a specific currency pair at a [...]
Forex Trading Pips – Free Forex trading course for beginners – Part 9
If you entered the world of forex from more than week then you should heard the keyword “forex pips”. If you did not understand it yet then you should know that it means the smallest change in price quotes that you can trade with. For example if the price quotes for USD/ EUR 0.6718 changed [...]
Forex Price Quotes – Free Forex trading course for beginners – Part 8
Today lesson is about how to read forex quotes like professionals. First you should know what the format of the price quotes is? The format of the forex quotes is XXX/YYY. You should already notice that when we talked about forex currency pairs where each currency contains three characters only. The first currency in each [...]
Active forex hours – Free Forex trading course for beginners – Part 7
Forex market is so busy all the days and as we mentioned before it’s one of the largest financial markets in the world. Brokers always buy and sell currency pairs day and night, but there are rush hours where the forex market reaches its top signals. Traders usually can be categorized into two categories the [...]
Forex Requirements – Free Forex trading course for beginners – Part 6
To start the Forex trading and start buying and selling currency pairs you should have the following requirements:- Computer or laptop and I recommended the following configuration:- Processor speed of 1 GHZ or higher (Pentium ||| and Dual Core is better). 1 GB RAM or higher. Monitor resolution set at 1024×768 or higher. Windows XP, [...]
Forex Currency Pairs – Free Forex trading course for beginners – Part 5
Trading with Forex currency pairs can be annoying in the first because there are many pairs in the market and you do not know which one you should monitor and start with. For that I will make it easy for you and I will tell you the major pairs in the Forex world, but first [...]
The 24 Hours Forex Trading – Free Forex trading course for beginners – Part 4
Is Forex market like big food restaurant that working 7 days a week or it is like any financial companies that close for some hours or close for one day a week? The answer is very simple “Forex market is opening 24 hours 6 days a week”. You can trade with Forex from Sunday to [...]
Who trades Forex? – Free Forex trading course for beginners – Part 3
Now after you got the idea of the foreign exchange market you should know if you can trade in the Forex world or not. The answer is simply “Yes, You can trade with Forex.” As you already knew that the Forex is one of the largest financial markets in the whole world if it is [...]
What is Forex? – Free Forex trading course for beginners – Part 2
Now let’s start our journey into the Forex world, but before we start you should know the meaning of Forex. Forex stands for foreign exchange market and some traders just call it FX. You should know that the Forex is the largest financial network in the world and it’s increasing every single moment and the [...]
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