Learn to Trade Forex

If you are a beginner and you want to learn the basics of Forex Trading or you want to learn the core of Technical Analysis with detailed examples please visit the Forex Trading Courses page. You will find huge amount of valuable information and video tutorials worth thousands of dollars if you had to purchase expensive courses, and now you can have them all for FREE. See you there.

In the Forex Market, the following are the 6 major pairs.

• EUR/USD (Euro / US Dollar)
• GBP/USD (Sterling / US Dollar)
• USD/JPY (US Dollar / Japanese Yen)
• USD/CHF (US Dollar / Swiss Frank)
• USD/CAD (US Dollar / Canadian Dollar)
• AUD/USD (Australian Dollar / US Dollar)

The majors have large volume of trading, more liquid and tighter spread.

There are also other currency pairs which are called the exotics like

• EUR/GBP
• GBP/JPY
• NZD/USD

The exotics have low volume, less liquid and much higher spreads.

In a nutshell, a spread is the amount of commission the broker takes from you in every trade. It is also the difference in price between the bid and the ask price. The higher the spread, the more commission the brokers earns, and the more pips you need to earn! We will talk on spread later on.

TIP
If you are a beginner or just starting out, you should focus on the major pairs. EUR/USD is the best currency to start with!

If you are a beginner and you want to learn the basics of Forex Trading or you want to learn the core of Technical Analysis with detailed examples please visit the Forex Trading Courses page. You will find huge amount of valuable information and video tutorials worth thousands of dollars if you had to purchase expensive courses, and now you can have them all for FREE. See you there.

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