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Introduction to Basics Forex Trading.

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Basics of Forex Trading Forex (foreign exchange) is the global market for buying and selling currencies. Currencies are traded in pairs like EUR/USD or GBP/JPY. The first is the base currency, and the second is the quote currency. A pip is the smallest price move in a currency pair, and the spread is the difference between the buying and selling price. #The Forex trading. The majority of people who start trading on the Forex Market accrue losses on their accounts during the first year - it is a competitive and volatile world. But… we have some encouraging news. For experienced traders, it has been a path to achieving financial freedom by securing profitable trades in the long term. Nowadays, there are thousands of independent traders living from the Forex Market. Others, are making enough money to pay off their bills, or to pay for an incredible vacation. But for those of you who are beginners, or for those of you who are struggling to get off the ground, these kinds of images seem very far away. The most important thing now is to find out what YOU can do to get the knowledge to succeed in the Forex Market. And that’s where FOREX A-Z can help you. Starting to trade successfully on the Forex Market relies on one thing only: LEARN TO READ THE MARKET. Reading the market will help you to win transactions, manage risk and anticipate losses, which are the key aspects to any successful trading career. FOREX A-Z is helping traders around the world to learn the Forex Market in an easy and practical way. With consistency and discipline, you are closer to achieving positive results. The knowledge explained here is all free for you to implement - all you need is to dedicate a few hours of your time.

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practice quiz

Quiz1: What does a currency pair like EUR/USD repesent?

Quiz 2: What is a currency pair in Forex?

Quiz 3: What is a “pip” in Forex trading?

Quiz 4: What does the “spread” refer to in Forex?