Forex trading - Study guides, Class notes & Summaries

CFOREX3 The Principles and Practice of Forex Trading ASSIGNMENT NUMBER: 2 - 2024 PASS WITH 80%+

CFOREX3 The Principles and Practice of Forex Trading ASSIGNMENT NUMBER: 2 - 2024 PASS WITH 80%+

CFOREX3 The Principles and Practice of Forex Trading ASSIGNMENT NUMBER: 2 - 2024 PASS WITH 80%+

How big is the foreign exchange market? - ANSWER-$5 Trillion What is the largest market in the world? - ANSWER-foreign exchange market How many letters do currency symbols have? - ANSWER-Three Which of the following is NOT a major currency pair? - ANSWER-EUR/GBP What type of market is forex? - ANSWER-Over-the-Counter (OTC), or "Interbank" market What does CME stand for? - ANSWER-Chicago Mercantile Exchange What is the second most traded currency? - ANSWER-Euro If you belie...

How much money should you generally start with forex trading? - ANSWER-£250.00 what is the price of the currency a reflection of? - ANSWER-a reflection of what the market thinks about the current and future condition of a country's economy compared to other economies. what are the two main aims of a forex trader? - ANSWER-To buy a currency pair when exchange rates are expected to rise and to sell a currency pair when exchange rates are expected to fall. what are the currency pairs div...

forex trading manual Forex education is crucial for beginners. School of Pipsology is designed to help you acquire the skills, knowledge, and abilities to become a successfultrader in the foreign exchange market. Our definition of a successful trader is having the ability to do three things: 1. Make pips 2. Keep pips 3. Repeat If you can repeatedly do these three things, thenyou're on your way! But it's no cakewalk. Remember when you attended grade school? No? Well, according...

Forex Trading Complete Course Study FORE Forex trading document, It teaches one on how to trade on the market and enables you to be able to utilise different trading strategies

Forex trading - ANSWER-1. Simultaneous exchanging of one currency for another 2. No physical location or central exchange 24hr trading Customers - ANSWER-1. Corporation, hedge funds, mutual funds, pension funds, central banks 2. Trade with a dealer Dealers - ANSWER-1. Mostly large banks take customer orders 2. Make markets from owned inventory Inter dealer market - ANSWER-1. Direct dealing - dealer to dealer (Phone, electronically) 2. Indirectly (Inter dealer brokers (phone, electro...

What is Forex? - ANSWER-The global market that allows the exchange of currency What allows you to make money in the forex exchange? - ANSWER-Changes in exchange rates What does Forex stand for? - ANSWER-Foreign Exchange Market What is the daily trade volume of forex? & What is the daily trade volume for retail traders (us)? - ANSWER-$5 trillion - $1.8 Trillion What is the trade volume of the NYSE? - ANSWER-$22.4 billion What is traded in Forex? - ANSWER-Fiat & Crypto Currency H...