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Forex trading is a foreign exchange transaction in which a trader purchases a quantity of one currency by paying with a quantity of another currency. Its present day incarnation took form following the abandonment of the old Bretton Wood system of fixed exchange rate regimes, and the adoption of floating exchange rates by most major countries.
In volume, liquidity and 24 hour participation, it surpasses all other trading instruments, such as stocks, fixed income and options. According to the Bank for International Settlements, the average daily turnover in global foreign exchange markets is estimated at $3.98 trillion.
In terms of trading styles and disciplines, the speed and 24 hour operation of forex trading make it suitable for both the technical and fundamental trader.
Forex trading is used by day traders, swing traders, position traders and long term investors alike.
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Forex Trading Blogs
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ForexLive US wrap-up: Another day, another big number for EUR/USD ...
ECB won't change collateral rules for Greece: Papademos A Moody's downgrade would make Greek government bonds ineligible to be used as collateral at. (December 18, 2009)forexlive.com -
Ain't it always the way… | ForexLive
USD/JPY breaks a key technical level, triggers stops, and sucks in some fresh momentum-driven longs. 15 minutes later, EUR/JPY sales come through the market and. (December 19, 2009)forexlive.com -
10 Predictions for 2010 | ForexLive
Gerry Davies will fall off the wagon. How do I know? I plan to push him! Blackday will sign a multi-million pound deal with Dior to covert his colorful. (December 18, 2009)forexlive.com -
EUR/USD sneaking higher late in the session | ForexLive
It is hard to read to much into Friday afternoon price action just ahead of the Christmas holidays but EUR/USD is staging a rebound just as i did yesterday, (December 18, 2009)forexlive.com
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Forex | currency trading | forex trading | forex broker
FXCM.com - 24 hour online forex trading with No Dealing Desk, spreads as low as 1 pip, trading from charts, and live support.fxcm.com -
Foreign exchange market - Wikipedia, the free encyclopedia
Foreign exchange market - Wikipedia, the free encyclopediaen.wikipedia.org
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