Forex Video
Forex Tips
2-Buyers are BIDding at a lower price (forex market)
3-Forex Trading is an auction
4-Slippage occurs with most Market Orders
5-The difference between the ASK and the BID price is the Spread
what is Forex Trading
Forex is not a new household cleaning product. Forex or FX is simply short for foreign exchange, but refers more specifically to currency trading. This is exchanging dollars for pounds, or euros for yen and so on.
It has one thing in common with a household cleaning product, though - if you are not careful you can get cleaned out in a hurry trading currencies.
The currency exchange markets are the largest, most volatile and among the most risky forms of trade in the world. Amounts exchanged are large, magnifying small price changes, and the total daily volume is in the range of two trillion dollars. Yes, that's 'trillion'... a two followed by twelve zeros! There are dozens of markets.
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