When buying and selling in Forex markets, you will always have one currency showing strength as the another currency is showing weakness. That is the magic where one is able to generate profits in an account!

Your mission, should you decide to accept, as an investor is to profit from those foreign currency movements.

Please read this over and over again until you fully grasp and understand. In Forex trading, you always have one currency pair showing strength and one pair showing weakness in combinations depending on world events.

It is estimated that around 95% of the Forex market is speculative. In other words, the person or institution that bought or sold the currency has no plan to actually take delivery of the currency in the end; rather, they are solely speculating on the movement of that particular currency.

Because currencies are traded in pairs and exchanged one against the other when traded, the rate at which they are exchanged is called the exchange rate.

The majority of currencies are traded against the US Dollar (USD), which is traded more than any other currency. The Four Major Currencies traded most frequently against the US Dollar is the (EUR) Euro, the (JPY) Japanese Yen, the (GBP) British Pound and (CHF) Swiss Franc.

These five currencies take up over 80-to-85% of the market and are called the major currencies or as alluded earlier “The Majors”. Some sources also include the (AUD)

Australian Dollar, (CAD) Canadian Dollar, and some cases, the (NZD) New Zealand Dollar or Kiwi for short.

The first currency in the exchange pair on the left is referred to as the base currency. The second currency on right is the counter currency or quote currency. The counter or quote currency is thus the numerator in the ratio, and the base currency is the denominator. to be continue……….

REGISTER HERE For Free Forex Seminar

http://www.forextrainingcourses.net/