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Forex and the Art of Timing
By : Martin Bottomley
At this precise moment in time there are four ordinary people trading the British Pound (GBP) versus the U.S. Dollar (USD). There is nothing surprising in that. In fact many thousands of people are at this precise moment, most likely doing exactly the same. What you may find surprising about these ......
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Forex Basics
By : Gerald Mason
The first thing to notice about currency prices in the Forex market is that there are two of them, called the bid price and the ask price. The second thing to notice is that they don't favor you, the trader; they favor the broker, because that's how he makes his money. The ask price is what you pay should yo ......
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Forex Basics: An Exchange Rates Tutorial
By : Michael Saunders - Bruised Onion Guide
Profits are gained and lost on the foreign exchange, or 'Forex', market due to fluctuations in the exchange rate. This fact may seem like common knowledge, but one should not take for granted how exchange rates are determined. There is actually a very rich history behind the concept of the exchange rate, an ......
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Forex Currency Pairs
By : Gerald Mason
Forex Currency pairs in Forex trading have been standardized by the IMF. The pairs most commonly traded are: * EUR/USD, the Euro and the U.S. dollar * USD/CHF, the U.S. dollar and the Swiss franc (sometimes called "the Swissie") * GBP/USD, the pound sterling of Great Britain and the U.S. dollar (sometimes ca ......
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Forex Currency Trading - The Basics
By : Michael Mancini
Forex is the name given to the foreign exchange market, where international currencies are bought and sold. Due to the development of free exchange rates, the market began in the 1970s and has become the world's largest financial market with a daily turnover of US$1.9 trillion. To put that into perspective, that's over ......
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