Topic: WHAT IS TRADED IN FOREX? (Read 160 times)
Honestly I would like to ask the brain behind this post. I do t understanding why some newbie6just like posting something that is not really needed. This is not a forex market even though we have some firex traders who might have become a cryptocurrency traders due to switch in trading trying out how profitable the crypto market could be. Asking questions about the forex market is not really bad but asking some unimportant question when the answer is already known to the op does not really makes sense. Asking questions about forex in altcoins section requires transfer of this thread.
MONEY
The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
What information do you really intend to pass to the community because from what you have written, it make no complete thought. What you have written is like a statement trying to explain to us without clear understanding of what you are writing. Forex market is for fiat currency and not for crypto at all. Those who trade in the forex market and trading curenc6pairs against each other which is similar to what happens in the crypto market trading two cryptocurrencies against each other, in support or against. The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
It's pretty hard to comprehend the content of the OP topic, I was able to make sense of the thread from the subject that talks about forex, I hope he can improve on giving his message a clearer meaning.
What is traded in forex is obviously money, fiat currencies of different countries, they're paired and traded on the stock market, a trader can trade directly or through a third party that is a broker. It can be traded only on working days of the week, excluding weekends being Saturdays and Sundays. While cryptocurrency trading are digital currencies that are traded on the crypto market, a trader can trade on one crypto coin or with another crypto coin, and trading can be everyday. They have some similarities but their main difference is that forex is fiat currencies while crypto is digital currencies.
You trade currencies in forex; forex meaning foreign exchange. But aside from foreign currencies, you can also trade commodities. The basic principle for trading currencies and cryptocurrencies is you buy low and sell high. That's it. The value of the currency is a reflection of the market's opinion on the current health of a particular country's economy. In crypto, it's the health of the digital economy.
Forex trading is trading that is not just about the commodity of money.
because there are other commodities besides currency. gold silver oil and even stocks are in forex,
just look for a complete forex broker.
even crypto curency trading like bitcoin is there. and forex trading applications both MT4 or MT5 are user friendly very easy to use.
because there are other commodities besides currency. gold silver oil and even stocks are in forex,
just look for a complete forex broker.
even crypto curency trading like bitcoin is there. and forex trading applications both MT4 or MT5 are user friendly very easy to use.
MONEY
The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
I do not understand what the OP is trying to convey through this post. Is he trying to teach us about Forex or is he trying to provide us with some information? Above all creating a post about Forex which is not an altcoin on this board is not right. Either the mods delete this topic or move it to the board that suits this topic.
Forex trading is good though, I've seen some persons who make it out of forex investment. Some of them, have bought themselves houses and cars. But the truth is, forex trading is more like gambling to me. The fact that after research and study on forex, you are still likely to experience losses as a gambler those. No matter the testimonies of forex traders, it's still no match for bitcoin investment which requires just little knowledge. What irritats me the most is the ability of some traders to depend on forex signals from some sites, like telegram signal group. Its so dumb having signals from humans like you, how sure are you that you're not bring scammed .
I have had a bit of bad experience with forex trading I don't know if it because I was not knowledgeable about trading and also depended so much on their party. Since I was introduced to forex trading via a third party, so my experience was not a favourable one and at that, I won't want to ever repeat the same again.
I think we have almost the same bad experience with forex and that is why I am more into cryptocurrency as I am more at ease here though I am not saying that forex is not a good investment vehicle as there are some of the people I know who are making a living with it maybe it is not just for me. I am more excited with crypto and the many possibilities it is bringing for us.
Are you trying to teach us the basics of forex? Because if so, this doesn't belong to this section and you have to move this thread to the trading discussion. Anyway, as people teach about forex. What I don't like about it is you guys are making it look easy that trading there is like an instant money. But you never say that it's also like the crypto market that's highly volatile or even more. That is the reality that each one of you must say because that's what I have heard with some forex traders that have made a video encouraging people to do it.
MONEY
The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
What information do you really intend to pass to the community because from what you have written, it make no complete thought. What you have written is like a statement trying to explain to us without clear understanding of what you are writing. Forex market is for fiat currency and not for crypto at all. Those who trade in the forex market and trading curenc6pairs against each other which is similar to what happens in the crypto market trading two cryptocurrencies against each other, in support or against. The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
I have had a bit of bad experience with forex trading I don't know if it because I was not knowledgeable about trading and also depended so much on their party. Since I was introduced to forex trading via a third party, so my experience was not a favourable one and at that, I won't want to ever repeat the same again.
I think we have almost the same bad experience with forex and that is why I am more into cryptocurrency as I am more at ease here though I am not saying that forex is not a good investment vehicle as there are some of the people I know who are making a living with it maybe it is not just for me. I am more excited with crypto and the many possibilities it is bringing for us.
MONEY
The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
I think it's pretty obvious though, it deals with fiat and so that's what is being traded in forex.
But I don't understand it, if you are here in crypto then why are you promoting Forex trading? Yeah, of course, you need another source of income and what's not. But it's very hard to trade on Forex if you are a newbie.
It's better to just be a long term holder in crypto, not that complicated unlike Forex trading, just saying.
I have had a bit of bad experience with forex trading I don't know if it because I was not knowledgeable about trading and also depended so much on their party. Since I was introduced to forex trading via a third party, so my experience was not a favourable one and at that, I won't want to ever repeat the same again.
I think we have almost the same bad experience with forex and that is why I am more into cryptocurrency as I am more at ease here though I am not saying that forex is not a good investment vehicle as there are some of the people I know who are making a living with it maybe it is not just for me. I am more excited with crypto and the many possibilities it is bringing for us.
MONEY
The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, cheese bread.
All of that is old school now, compared to cryptocurrencies (bitcoin)/an asset that double it role as a currency, it code name BTC which is the most traded cryptocurrency in the exchange today, I have had a bit of bad experience with forex trading I don't know if it because I was not knowledgeable about trading and also depended so much on their party. The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, cheese bread.
Since I was introduced to forex trading via a third party, so my experience was not a favourable one and at that, I won't want to ever repeat the same again.
MONEY
The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
The uptight ones who probably got straight A's and followed all the rules as children only consider USD, EUR,JPY, GBP, and CHF as major currencies. Then they label AUD, NZD, and CAD, as 'commodity currencies.
These three letters are known as is04217 currency codes. By 1973, the international organization for stadardization [iso] established the three letters codes for currencies that we use today. other nickname for USD are green backs, bones ,benjis, benjamins, cheddar, paper ,loot, chese bread.
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